NOT LISTED FOR SALE

7218 Apperson St Tujunga, CA 91042

Estimated Value: $740,000 - $772,000

3 Beds
3 Baths
1,245 Sq Ft
$610/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $408,000 $328 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,462/month

28 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Central Heating and Cooling System
  • Verdugo Hills Senior High School Rated A-
  • Tile Flooring

About This Home

As of July 2016

Great rehabbed 2 unit property ready for new tenants. The main unit is approx 873 sq. ft, offers 2 bedrooms, upstairs loft, a family room and 2 bathrooms. There is a remodeled kitchen with new cabinets, new granite counter tops and nicely tiled back splash, new appliances and nice laminated floors. New interior and exterior pant, Inside laundry hook ups and central heating and air conditioning and a fireplace for decorative use. The 2nd unit is approx. 372 sq. ft, has 1 room, with a nice remodeled kitchen as well with new granite, tiled back splash and new appliances. There is a Dining area and a 3/4 bathroom with new tiled floors and new fixtures. There is new laminate floors throughout the rest of the unit and new interior and exterior paint. There is 2 separate gas and electric meters and the property is fully fenced and has 3 parking spaces.

Last Agent to Sell the Property

Alaura Clennon

Griffin Real Estate, Inc. Listed on: 05/27/2016

Last Buyer's Agent

Leticia Colon

Markarian Realty License #01785724

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 3,629 Sq Ft Lot
  • No Common Walls

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 1,245 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 2565012036

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $720
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,837
  • Gross Income $2,900
  • Net Operating Income $25,243

Property Details

Home Type

Multi-Family

Year Built

Built in 1945 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1200.00
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 2565012036
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 327.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3629.00
  • Price Per Lot Square Foot: 112.43

Multi Family

  • Gross Income: 2900.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 25243.00
  • 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: 9557.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5837.00
  • Tax Lot: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Jun 28, 2016
Sold by
Gw San Diego Properties Llc
Bought by
Mack Sally S
Seller's Agent
Alaura Clennon
Griffin Real Estate, Inc.
Buyer's Agent
Leticia Colon
Markarian Realty
List Price
$409,990
Sold Price
$408,000
Premium/Discount to List
-$1,990
-0.49%
Current Estimated Value
$759,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,938
Avg. Annual Appreciation
6.83%
Original Mortgage
$394,383
Outstanding Balance
$322,097
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$437,841

Purchase Details

Closed on
Feb 12, 2016
Sold by
Roe David G
Bought by
Gw San Diego Properties Llc

Purchase Details

Closed on
Jun 20, 2006
Sold by
Robinson Travis S
Bought by
Roe David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.68%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 27, 2004
Sold by
Gharibian Jacqueline
Bought by
Robinson Travis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2003
Sold by
Lawrence Sonja D
Bought by
Gharibian Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2000
Sold by
Anderson David
Bought by
Lawrence Sonja D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mack Sally S $408,000 Ticor Title
Gw San Diego Properties Llc $311,000 Ticor Title Riverside
Roe David G $490,000 Fidelity National Title Co
Robinson Travis S $366,000 Old Republic Title Company
Gharibian Jacqueline $252,500 North American Title Co
Lawrence Sonja D $145,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mack Sally S $394,383
Previous Owner Roe David G $392,000
Previous Owner Robinson Travis S $292,800
Previous Owner Gharibian Jacqueline $252,500
Closed Robinson Travis S $73,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2016 07/25/16 Sold $408,000 -0.5% $328 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $409,990 -- $329 / 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 $5,756 $473,512 $357,456 $116,056
2024 $5,671 $464,229 $350,448 $113,781
2023 $5,561 $455,127 $343,577 $111,550
2022 $5,299 $446,204 $336,841 $109,363
2021 $5,230 $437,456 $330,237 $107,219
2020 $5,280 $432,971 $326,851 $106,120
2019 $5,070 $424,483 $320,443 $104,040
2018 $5,038 $416,160 $314,160 $102,000
2016 $6,731 $554,562 $282,940 $271,622
2015 $6,633 $546,232 $278,690 $267,542
2014 $6,663 $535,533 $273,231 $262,302
Source: Public Records

Agents Affiliated with this Home

  • Alaura Clennon

    Seller's Agent in 2016

    Alaura Clennon

    Griffin Real Estate, Inc.

    (949) 940-5143

    32 Total Sales

    Alaura Clennon
    Section Image

  • L

    Buyer's Agent in 2016

    Leticia Colon

    Markarian Realty

    (818) 360-3430

    2 in this area

    29 Total Sales

    Leticia Colon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16113767

California Regional Multiple Listing Service (CRMLS)

APN: 2565-012-036

California Los Angeles County Tujunga 91042

7218 Apperson St, Tujunga, CA

Not Listed for Sale

MultiFamily

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