NOT LISTED FOR SALE

7922 Newlin Ave Whittier, CA 90602

Estimated Value: $686,000 - $848,000

3 Beds
3 Baths
1,450 Sq Ft
$533/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $670,000 $462 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,069/month

126 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard

About This Home

As of November 2021

NEW PRICING. TRI PLEX INVESTMENT - ONE UNIT- IS A 1 ( ONE) BEDROOMS 1 BATHS. TWO UNITS ARE STUDIOS. TOTAL OF 3 UNITS. STREET PARKING PER CITY, ALLEY ACCESS. BUYER TO INVESTIGATE ALL ASPECTS, PRIOR TO OFFER. DO NOT DISTURB OCCUPANT OR ENTER PROPERTY. SEE REMARKS. NICE LOCATION, FRONT PORCH AND PARKING IN REAR ALLEY MAYBE POSSIBLE. NEARBY SHOPPING AND BUSINESS DISTRICT ON WASHINGTON. DRIVE BY ONLY. NEARBY PARK. THIS DWELLING HAS A NEWER ROOF. THE REAR UNIT USES THE 1 CAR GARAGE, VISIBLE FROM THE ALLEY. THE TWO CAR GARAGE IS SHARED WITH STUDIO UNITS. WELL KEPT UNITS READY FOR NEW OWNER. REAR UNIT ALSO HAS NICE YEAR, SIDE YARDS AND FENCED W GATE.

Last Agent to Sell the Property

Joyce Leonard

Showcase Homes, So Cal License #00704394 Listed on: 02/08/2021

Last Buyer's Agent

Ron Arnold

Keller Williams Realty License #01338671

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,773

Year Built

  • Built in 1947

Lot Details

  • 6,801 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,450 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 31
  • Tax Tract Number 1395
  • Assessor Parcel Number 8141023021

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $200
  • Insurance Expense $1,500
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $10,500
  • Operating Expense $2,000
  • Gross Income $38,200
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,773

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Zoning: WHR4*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8141023021
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 462.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6801.00
  • Lot Size Acres: 0.1561

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 38200.00
  • Gross Scheduled Income: 38200.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6801.0000 Square Feet
  • Net Operating Income: 36000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2000.00
  • Rent Control: No
  • Total Expenses: 2000.00

Tax Info

  • New Taxes Expense: 10500.00
  • Tax Census Tract: 5018.03
  • Tax Lot: 31
  • Tax Tract Number: 1395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2023
Sold by
Smith Randy C
Bought by
Smith & Schaefer Real Estate Llc
Total Days on Market
126
Current Estimated Value
$772,818

Purchase Details

Listed on
Feb 8, 2021
Closed on
Nov 3, 2021
Sold by
Smith Randy and The Smith Family Trust
Bought by
Smith Randy and Smith Rebecca W
Seller's Agent
Joyce Leonard
Showcase Homes, So Cal
Buyer's Agent
Ron Arnold
Keller Williams Realty
List Price
$749,000
Sold Price
$670,000
Premium/Discount to List
-$79,000
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%

Purchase Details

Closed on
Jun 18, 2021
Sold by
Mramor James Edward and Sr Trust
Bought by
Smith Randy and The Smith Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2003
Sold by
Mramor James Edward
Bought by
Mramor James E and The James Edward Mramor Sr Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Mramor James Edward and The James Edward Mramor Sr Tru
Bought by
Mramor James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1999
Sold by
Mramor James E
Bought by
Mramor James Edward and The James Edward Mramor Sr Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1995
Sold by
Rosemont Mtg
Bought by
Mramor James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,348
Interest Rate
9.21%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Smith & Schaefer Real Estate Llc -- None Listed On Document
Smith Randy C -- None Listed On Document
Smith Randy -- None Available
Smith Randy $670,000 Wfg Title Company Of Ca
Mramor James E -- --
Mramor James E -- Gateway Title
Mramor James Edward -- Orange Coast Title
Mramor James E -- Orange Coast Title
Mramor James E -- Orange Coast Title
Mramor James E $59,000 Investors Title Company
Rosemont Mtg -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Randy $502,500
Previous Owner Mramor James E $114,000
Previous Owner Mramor James E $119,000
Previous Owner Mramor James E $121,348
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $670,000 +3.1% $462 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $650,000 -7.0% $448 / Sq Ft
04/10/2021 04/10/21 Price Changed $699,000 -6.7% $482 / Sq Ft
02/08/2021 02/08/21 For Sale $749,000 -- $517 / 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
2024 $8,773 $673,200 $430,440 $242,760
2023 $8,953 $683,400 $510,000 $173,400
2022 $8,632 $670,000 $500,000 $170,000
2021 $4,077 $271,535 $124,131 $147,404
2019 $3,963 $263,963 $120,450 $143,513
2018 $3,810 $258,798 $118,089 $140,709
2016 $3,695 $248,289 $113,504 $134,785
2015 $3,610 $244,561 $111,800 $132,761
2014 $3,545 $239,771 $109,610 $130,161
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21025789

California Regional Multiple Listing Service (CRMLS)

APN: 8141-023-021