NOT LISTED FOR SALE

7207 Washington Ave Whittier, CA 90602

Uptown Whittier Neighborhood

Estimated Value: $967,000 - $1,099,000

6 Beds
6 Baths
2,494 Sq Ft
$418/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $610,000 $245 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,166/month

11 Days on Market

About This Home

As of April 2016

Located in the Quiet Uptown Area Near the Whittier College in City of Whittier. Total of 4 Units , Inside of 2,494 sq. ft. with Lot Size of 5,314 sq. ft. Front House has 2 Unit (Duplex) with One Bedroom and One Bath on Each Unit. Back Unit 2 Story Duplex has Two Bedrooms and Two Bath on Each Unit. Off-Street Parking in The Back, Additional Basement Area for Storage.

Last Agent to Sell the Property

Teresa Wang

Century Commercial RE Services License #01772547 Listed on: 02/08/2016

Last Buyer's Agent

Nelson Sanchez

Century 21 A Better Service License #01219209

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 5,314 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,494 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Sewer Assessments

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 40
  • Assessor Parcel Number 8139034002

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,183
  • Professional Management Expense $3,000
  • Trash Expense $1,100
  • Water Sewer Expense $2,745
  • New Taxes Expense $7,449
  • Gross Income $3,845
  • Net Operating Income $29,222

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • CapRate: 5.10
  • Professional Management Expense: 3000.00
  • Property Attached: No
  • Water Sewer Expenses: 2745.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8139034002
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 244.59

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Sewer Assessments
  • Trash Expense: 1100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5314.00
  • Price Per Lot Square Foot: 114.79
  • Lot Size Acres: 0.1220

Multi Family

  • Gross Income: 3845.00
  • Gross Scheduled Income: 45900.00
  • Insurance Expense: 1183.00
  • Lot Size Area: 5314.0000 Square Feet
  • Net Operating Income: 29222.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16677.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7449.00
  • Tax Lot: 2
  • Tax Tract Number: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2016
Closed on
Mar 15, 2016
Sold by
Blessing River Llc
Bought by
Hartman Thomas W and The Hartman Living Trust
Seller's Agent
Teresa Wang
Century Commercial RE Services
Buyer's Agent
Nelson Sanchez
Century 21 A Better Service
List Price
$598,000
Sold Price
$610,000
Premium/Discount to List
$12,000
2.01%
Current Estimated Value
$1,042,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,240
Avg. Annual Appreciation
5.64%
Original Mortgage
$325,000
Outstanding Balance
$257,492
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$784,748

Purchase Details

Listed on
May 4, 2013
Closed on
Jun 11, 2013
Sold by
Gibson Lawrence Craig and Gibson Judy Lee
Bought by
Blessing River Llc
Seller's Agent
Larry Gibson
T.N.G. Real Estate Consultants
Buyer's Agent
Teresa Wang
Century Commercial RE Services
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$275,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2007
Sold by
Gibson Lawrence Craig and Gibson Judy Lee
Bought by
Gibson Lawrence Craig and Gibson Judy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2007
Sold by
Gibson Lawrence Craig and Gibson Judy Lee
Bought by
Gibson Lawrence Craig and Gibson Judy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 1997
Sold by
Trust Rosas Dennis A And Rosemarie Trs R
Bought by
Gibson Lawrence Craig and Gibson Judy Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hartman Thomas W $610,000 Title 365
Blessing River Llc $550,000 Chicago Title Company
Gibson Lawrence Craig -- Accommodation
Gibson Lawrence Craig -- Fidelity National Title Co
Gibson Lawrence Craig -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Thomas W $325,000
Previous Owner Blessing River Llc $275,000
Previous Owner Gibson Lawrence Craig $327,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2016 04/15/16 Sold $610,000 +2.0% $245 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $598,000 +8.7% $240 / Sq Ft
07/29/2013 07/29/13 Sold $550,000 0.0% $221 / Sq Ft View Prior Sale
05/30/2013 05/30/13 Pending -- -- --
04/21/2013 04/21/13 For Sale $550,000 -- $221 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,238 $722,110 $393,018 $329,092
2024 $9,238 $707,952 $385,312 $322,640
2023 $8,958 $694,071 $377,757 $316,314
2022 $8,937 $680,462 $370,350 $310,112
2021 $8,757 $667,121 $363,089 $304,032
2019 $8,708 $647,335 $352,320 $295,015
2018 $8,389 $634,643 $345,412 $289,231
2016 $7,607 $569,543 $310,660 $258,883
2015 $7,450 $560,989 $305,994 $254,995
2014 $7,269 $550,000 $300,000 $250,000
Source: Public Records

Agents Affiliated with this Home

  • Teresa Wang

    Seller's Agent in 2016

    Teresa Wang

    Century Commercial RE Services

    (626) 500-5789

    1 in this area

    24 Total Sales

    Teresa Wang
    Section Image
  • Nelson Sanchez

    Buyer's Agent in 2016

    Nelson Sanchez

    Century 21 A Better Service

    (562) 386-4943

    2 Total Sales

    Nelson Sanchez
    Section Image

  • L

    Seller's Agent in 2013

    Larry Gibson

    T.N.G. Real Estate Consultants

  • S

    Buyer's Agent in 2013

    Sheng Wang

    Century 21 Care

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16025826

California Regional Multiple Listing Service (CRMLS)

APN: 8139-034-002

California Los Angeles County Whittier 90602 Uptown Whittier

7207 Washington Ave, Whittier, CA

Not Listed for Sale

MultiFamily

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