$125,000
SOLD MAR 27, 2014
4 Beds
4 Baths
1,444 Sq Ft
6,655 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

14% Below List Price

53 Days on Market

About This Home

As of November 2020

Perfect for investors Standar sale , CASH ONLY ... Adjoining properties are also for sale 7229 Sterling Avenue MLS #IV14016039 and IV14021646 Seller will consider a discount if buying all 3 properties together .

Last Agent to Sell the Property

MARCELA SAUNIER

C R HOMES REAL ESTATE License #01070225 Listed on: 01/23/2014

Last Buyer's Agent

Amanda Lam

Gold Key Realty Corporation License #01932778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1955

Lot Details

  • 6,655 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,444 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 3582
  • Assessor Parcel Number 1191181150000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $744
  • Electric Expense $1,200
  • Fuel Expense $960
  • Insurance Expense $1,560
  • Trash Expense $600
  • Water Sewer Expense $1,440
  • New Taxes Expense $1,812
  • Operating Expense $8,316
  • Gross Income $1,107
  • Net Operating Income $1,107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,686

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 1191181150000
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 86.57

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6655.00
  • Lot Size Acres: 0.1530

Multi Family

  • Average2 Bed Area: 800
  • Cable TV Expense: 744.00
  • Electric Expense: 1200.00
  • Fuel Expense: 960.00
  • Gross Income: 1107.00
  • Gross Scheduled Income: 1800.00
  • Insurance Expense: 1560.00
  • Lot Size Area: 6655.0000 Square Feet
  • Net Operating Income: 1107.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 693.00
  • Rent Control: No
  • Total Expenses: 8316.00
  • Vacancy Allowance Rate: 25.00

Tax Info

  • New Taxes Expense: 1812.00
  • Tax Lot: 1
  • Tax Tract Number: 3582
  • Tax Annual Amount: 1686.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2020
Sold by
Le Tru and Thach Thanha
Bought by
Allen Sean Maurice
Current Estimated Value
$460,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,014
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2018
Sold by
Thach Thanha and Thach Thanha
Bought by
Lw Tru and Thach Thanha

Purchase Details

Closed on
Sep 21, 2017
Sold by
South Coastal Investments
Bought by
Thach Thahha

Purchase Details

Listed on
Jun 12, 2014
Closed on
Oct 2, 2014
Sold by
Nguyen Thuy Thanh
Bought by
South Coastal Investments
Seller's Agent
Amanda Lam
Gold Key Realty Corporation
Buyer's Agent
Amanda Lam
Gold Key Realty Corporation
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$125,000
Interest Rate
4.2%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 23, 2014
Closed on
Mar 14, 2014
Sold by
Atkins Lee and Atkins Cynthia
Bought by
Nguyen Thuy Thanh
Seller's Agent
MARCELA SAUNIER
C R HOMES REAL ESTATE
Buyer's Agent
Amanda Lam
Gold Key Realty Corporation
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.75%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Johnson Hermina
Bought by
Atkins Lee and Atkins Cynthia

Purchase Details

Closed on
Aug 28, 2012
Sold by
Atkins Lee and Atkins Cynthia
Bought by
Johnson Herminia
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $325,000 First American Title
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed $165,000 First American Title Company
Grant Deed $125,000 First American Title Company
Bargain Sale Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $319,014 FHA
Previous Owner $205,000 Credit Line Revolving
Previous Owner $496,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $20,000 Unknown
Previous Owner $125,000 Unknown
Previous Owner $125,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $324,900 -1.5% $225 / Sq Ft
09/27/2020 09/27/20 Price Changed $329,900 0.0% $228 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $329,900 +99.9% $228 / Sq Ft
10/20/2014 10/20/14 Sold $165,000 -12.7% $114 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $189,000 +51.2% $131 / Sq Ft
03/27/2014 03/27/14 Sold $125,000 -13.8% $87 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $145,000 -- $100 / 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 $5,198 $351,683 $81,075 $270,608
2024 $5,198 $344,787 $79,485 $265,302
2023 $5,092 $338,026 $77,926 $260,100
2022 $5,090 $331,398 $76,398 $255,000
2021 $5,016 $324,900 $74,900 $250,000
2020 $2,839 $208,080 $36,414 $171,666
2019 $2,754 $204,000 $35,700 $168,300
2018 $2,790 $174,285 $36,970 $137,315
2017 $2,384 $170,868 $36,245 $134,623
2016 $2,318 $167,517 $35,534 $131,983
2015 $2,358 $102,461 $30,738 $71,723
2014 $1,495 $100,454 $30,136 $70,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14016247

California Regional Multiple Listing Service (CRMLS)

APN: 1191-181-15