NOT LISTED FOR SALE

721 N Wilmington Blvd Wilmington, CA 90744

Estimated Value: $825,000 - $927,072

6 Beds
4 Baths
2,518 Sq Ft
$340/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $770,000 $306 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,476/month

37 Days on Market

Highlights

  • Gated Parking
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • Living Room
  • Tile Flooring

About This Home

As of February 2024

Highly Desirable Residential Duplex Located in the “West Wilmington” Neighborhood Desirable Wilmington Location. Each Unit 3 Bedrooms, 2 Bathrooms. Two Story Duplex #721 on 2nd Level and #723 on First Level. Spacious Living Room, Dining Room, Inside Laundry Area in Each Unit. Approx. 1225sqft Each Unit...Open Parking in Rear With Alley Access…Property Needs Repairs…Many Restaurants and shopping, Easy Access to 710 Freeway, See Important Private Remarks.

Last Agent to Sell the Property

Thomas Applegate

Re/Max R. E. Specialists License #00606100 Listed on: 12/02/2023

Re/Max R. E. Specialists

Last Buyer's Agent

Walter De La Torre

W&D Real Estate Investments License #01472053

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,695

Year Built

  • Built in 2001

Lot Details

  • 5,606 Sq Ft Lot
  • Lot Dimensions are 35 x 160
  • Property fronts an alley
  • 1 Common Wall
  • Back and Front Yard

Home Design

  • Duplex
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,518 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Tile Flooring
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Private Parking
  • Gated Parking
  • Unpaved Parking
  • Paved Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 1388
  • Assessor Parcel Number 7416012020
  • $450 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,695

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 384800
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • View: Yes
  • Zoning: LAC2
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7416012020
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 305.80
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved, Unpaved, Gated, Off Street, On Site, Private
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size: 35 x 160
  • Lot Size Sq Ft: 5606.00
  • Lot Size Acres: 0.1287

Multi Family

  • Average3 Bed Area: 1250 Square Feet
  • Lot Size Area: 5606.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2949.00
  • Tax Lot: 25
  • Tax Tract Number: 1388
  • TaxOtherAnnualAssessmentAmount: 450.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2023
Closed on
Jan 22, 2024
Sold by
Carrington Mortgage Loan Trust
Bought by
Dela Torre Walter and Manay Martha Lopez
Seller's Agent
Thomas Applegate
Re/Max R. E. Specialists
Buyer's Agent
Walter De La Torre
W&D Real Estate Investments
List Price
$769,600
Sold Price
$770,000
Premium/Discount to List
$400
0.05%
Views
998
Current Estimated Value
$856,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,768
Avg. Annual Appreciation
7.13%
Original Mortgage
$616,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Closed on
Nov 17, 2006
Sold by
Oropeza Jorge
Bought by
Oropeza Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 23, 2004
Sold by
Oropeza Diana
Bought by
Oropeza Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2003
Sold by
Aguilar Edwardo R
Bought by
Oropeza Jorge

Purchase Details

Closed on
Jun 20, 2001
Sold by
Aguilar Maria L
Bought by
Aguilar Eduardo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,100
Interest Rate
10%

Purchase Details

Closed on
Jun 19, 2001
Sold by
Ayala Gilbert and Ayala Maria Felix
Bought by
Aguilar Eduardo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,100
Interest Rate
10%
Source: Public Records

Range of Values:

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Average Value
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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
Dela Torre Walter $770,000 Servicelink
Tegel -- --
Oropeza Jorge -- First American Title Ins Co
Oropeza Jorge -- Ticor Title Co
Oropeza Jorge -- --
Aguilar Eduardo R -- Investors Title Company
Aguilar Eduardo R $279,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Torre Walter $701,250
Closed Dela Torre Walter $616,000
Previous Owner Tegel --
Previous Owner Oropeza Jorge $528,000
Previous Owner Oropeza Jorge $360,000
Previous Owner Oropeza Jorge $296,000
Previous Owner Aguilar Eduardo R $279,000
Previous Owner Aguilar Eduardo R $251,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $770,000 +0.1% $306 / Sq Ft
12/02/2023 12/02/23 For Sale $769,600 -- $306 / 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 $9,695 $785,400 $510,000 $275,400
2024 $9,695 $770,000 $500,000 $270,000
2023 $6,030 $464,624 $177,649 $286,975
2022 $5,759 $455,515 $174,166 $281,349
2021 $5,679 $446,584 $170,751 $275,833
2019 $5,516 $433,340 $165,688 $267,652
2018 $5,431 $424,844 $162,440 $262,404
2016 $5,175 $408,348 $156,133 $252,215
2015 $5,102 $402,215 $153,788 $248,427
2014 $5,129 $394,337 $150,776 $243,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23219745

California Regional Multiple Listing Service (CRMLS)

APN: 7416-012-020