NOT LISTED FOR SALE

Estimated Value: $814,000 - $1,087,000

8 Beds
4 Baths
2,624 Sq Ft
$346/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $365,000 $139 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $5,307/month

45 Days on Market

About This Home

As of April 2013

INCOME PROPERTY: EACH UNIT HAS 4BEDROOMS AND 2BATHROOMS.EACH UNIT HAS THEIR OWN HOOK-UP LAUNDRY INSIDE GRANITE KITCHEN,TILE IN THE BATHROOMS,MASTER BEDROOM WITH ADJOINING FULL BATHROOM,RENTS CAN RANGE FROM $1,800-$2,000. FOR SECTION 8.!!!!!!!!NO RENT CONTROL!!!!!!!!!!!!.

Last Agent to Sell the Property

Yazmin Del Castillo

Estate Properties License #01784329 Listed on: 04/24/2013

Last Buyer's Agent

Yazmin Del Castillo

Estate Properties License #01784329 Listed on: 04/24/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,729

Year Built

  • Built in 2007

Lot Details

  • 4,607 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,624 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 69
  • Tax Tract Number 5054
  • Assessor Parcel Number 6054010037

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $4,599
  • Gross Income $4,000
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,729

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6054010037
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 139.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4607.00
  • Lot Size Acres: 0.1060

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 40000.00
  • Lot Size Area: 4607.0000 Square Feet
  • Net Operating Income: 39000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 250.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4599.00
  • Tax Lot: 69
  • Tax Tract Number: 5054
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2013
Closed on
Mar 14, 2013
Sold by
Buchko Michael
Bought by
532 W Olive St Lp
Seller's Agent
Yazmin Del Castillo
Estate Properties
Buyer's Agent
Yazmin Del Castillo
Estate Properties
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%
Current Estimated Value
$906,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,594
Avg. Annual Appreciation
7.63%
Original Mortgage
$22,000,000
Outstanding Balance
$15,684,323
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$14,776,486

Purchase Details

Closed on
Mar 17, 2009
Sold by
Manansala Edgar Allan
Bought by
Buchko Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2007
Sold by
Manansala Belinda
Bought by
Manansala Edgar Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 6, 2007
Sold by
Lajoma Corp
Bought by
Manansala Edgar Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 17, 2006
Sold by
Aparicio Guillermo
Bought by
Lajoma Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2002
Sold by
Cal Eva J and Estate Of Patricia Terry
Bought by
Aparicio Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.75%
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
532 W Olive St Lp $365,000 Progressive Title
Buchko Michael $350,000 Nations Title Company
Manansala Edgar Allan -- Orange Coast Title
Manansala Edgar Allan $650,000 Orange Coast Title
Lajoma Corp $350,000 Orange Coast Title Company
Aparicio Guillermo $125,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 532 W Olive St Lp $269,000
Closed 532 W Olive St Lp $264,000
Open 532 West Olive Street Lp $22,000,000
Previous Owner Buchko Michael $343,660
Previous Owner Manansala Edgar Allan $130,000
Previous Owner Manansala Edgar Allan $520,000
Previous Owner Lajoma Corp $320,000
Previous Owner Aparicio Guillermo $188,000
Previous Owner Aparicio Guillermo $153,600
Previous Owner Aparicio Guillermo $100,000
Previous Owner Terry Patricia $73,000
Previous Owner Terry Patricia $46,100
Closed Aparicio Guillermo $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $365,000 -8.5% $139 / Sq Ft
04/14/2013 04/14/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $399,000 -- $152 / 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 $5,729 $449,459 $357,109 $92,350
2024 $5,729 $440,647 $350,107 $90,540
2023 $5,628 $432,008 $343,243 $88,765
2022 $5,380 $423,538 $336,513 $87,025
2021 $5,301 $415,234 $329,915 $85,319
2019 $5,149 $402,921 $320,131 $82,790
2018 $5,052 $395,021 $313,854 $81,167
2016 $4,813 $379,683 $301,667 $78,016
2015 $4,746 $373,981 $297,136 $76,845
2014 $4,774 $366,656 $291,316 $75,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13032860

California Regional Multiple Listing Service (CRMLS)

APN: 6054-010-037