NOT LISTED FOR SALE

Estimated Value: $513,063

5 Beds
3 Baths
2,132 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $195,000 $91 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,941/month

100 Days on Market

About This Home

As of May 2012

1) Market 700 2) BR: 1 BA: 1 RENT: 700 3) BR: 3 BA: 1 RENT: 900 4) BR: 2 BA: 1 RENT: 900

Last Agent to Sell the Property

Julio Juarez

Keller Williams Pacific Estates Cerritos License #01210061 Listed on: 01/04/2012

Keller Williams Pacific Estates Cerritos

Last Buyer's Agent

Ramon Diaz

New Century Homes License #01119937

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 5,201

Parking

  • 3 Parking Spaces

Home Design

  • 2,132 Sq Ft Home
  • Bungalow
  • Stucco

Additional Features

  • 5,201 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Tract Number 6
  • Assessor Parcel Number 6029002001

Community Details

Overview

  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $560
  • Water Sewer Expense $4,800
  • New Taxes Expense $2,500
  • Gross Income $3,208
  • Net Operating Income $24,960

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 12.49
  • View: No
  • Water Sewer Expenses: 4800.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 6029002001
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 91.46

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5201.00
  • Lot Size Acres: 0.1190

Multi Family

  • Gross Income: 3208.00
  • Gross Multiplier: 5.19
  • Gross Scheduled Income: 38500.00
  • Insurance Expense: 560.00
  • Lot Size Area: 5201.0000 Square Feet
  • Net Operating Income: 24960.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 13440.00

Tax Info

  • New Taxes Expense: 2500.00
  • Tax Area: 7
  • Tax Lot: 0.
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Bravo Francisco Mateos and Bravo Norma Griselda
Bought by
Francisco Mateos Bravo and Francisco Norma Griselda
Current Estimated Value
$513,063

Purchase Details

Listed on
Jan 4, 2012
Closed on
Apr 16, 2012
Sold by
Williams James Larry
Bought by
Mateos Francisco and Ramirez Norma G
Seller's Agent
Julio Juarez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Ramon Diaz
New Century Homes
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Mar 24, 2004
Sold by
Moore Virgina R
Bought by
Williams James Larry

Purchase Details

Closed on
Mar 19, 2002
Sold by
Valenzuela Lamberto
Bought by
Moore Virginia R and Russ Teresa R

Purchase Details

Closed on
Nov 22, 1999
Sold by
Moore Virginia R
Bought by
Valenzuela Lamberto and Valenzuela Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.34%
Mortgage Type
Commercial
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
Francisco Mateos Bravo -- None Listed On Document
Mateos Francisco $195,000 Fidelity National Title Co
Williams James Larry -- None Available
Moore Virginia R $155,617 United Title Company
Valenzuela Lamberto $150,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valenzuela Lamberto $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $195,000 -2.5% $91 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $199,900 -- $94 / 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 $3,308 $244,917 $131,880 $113,037
2024 $3,308 $240,116 $129,295 $110,821
2023 $3,251 $235,409 $126,760 $108,649
2022 $3,111 $230,794 $124,275 $106,519
2021 $3,064 $226,270 $121,839 $104,431
2020 $3,088 $223,951 $120,590 $103,361
2019 $2,979 $219,561 $118,226 $101,335
2018 $2,873 $215,257 $115,908 $99,349
2016 $2,729 $206,900 $111,408 $95,492
2015 $2,692 $203,793 $109,735 $94,058
2014 $2,707 $199,802 $107,586 $92,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1200171

California Regional Multiple Listing Service (CRMLS)

APN: 6029-002-001