NOT LISTED FOR SALE

Estimated Value: $984,000 - $1,027,000

5 Beds
4 Baths
1,600 Sq Ft
$630/Sq Ft Est. Value

Last Sold October 29, 2012

Last sale price $388,000 $242 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $6,054/month

16 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Wood Siding
  • Woodrow Wilson High School Rated A
  • Central Heating
  • Wood Burning Fireplace

About This Home

As of October 2012

California bungalow in front. Unit in back built in the 1980's. Nice condition. Seperate meters, Long term tenants in front bungalow. This lot is zoned as a tri-plex, there are three units on the property.

Last Agent to Sell the Property

Shelly Smith

Keller Williams Empire Estates License #01492153 Listed on: 09/04/2012

Keller Williams Empire Estates

Last Buyer's Agent

Sara Alexander

Realty One Group West License #01891495

Realty One Group West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,529

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • 6,500 Sq Ft Lot
  • Property fronts an alley

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Wood Flooring
  • Electric Cooktop

Parking

  • 10 Car Garage
  • Rear-Facing Garage

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 7262010025

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,139
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,529

Year Built

Built in 1912 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 8.66
  • Road Frontage Type: Alley
  • View: No
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7262010025
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: No
  • Fireplace Features: Electric, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 242.50

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Cooking, Free Standing
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 6500
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3139.00
  • Gross Multiplier: 10.30
  • Gross Scheduled Income: 37668.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6500.0000 Square Feet
  • Net Operating Income: 33600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Drapes: 2
  • Number With Refrigerator: 1
  • Operating Expense: 12000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2016
Sold by
Chen June and Yen Bianca
Bought by
806 03 Saint Louis Avenue Trust
Current Estimated Value
$1,006,333

Purchase Details

Listed on
Sep 4, 2012
Closed on
Oct 16, 2012
Sold by
Lum & Lum Properties Llc
Bought by
Lum Albert G K and Lum Colleen J
Seller's Agent
Shelly Smith
Keller Williams Empire Estates
Buyer's Agent
Sara Alexander
Realty One Group West
List Price
$388,000
Sold Price
$388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$291,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2012
Closed on
Oct 5, 2012
Sold by
Chen Wolfgang N
Bought by
Chen June
Seller's Agent
Shelly Smith
Keller Williams Empire Estates
Buyer's Agent
Sara Alexander
Realty One Group West
List Price
$388,000
Sold Price
$388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2006
Sold by
Lum Albert G K and Lum Colleen J
Bought by
Lum & Lum Properties Llc

Purchase Details

Closed on
Jun 21, 2005
Sold by
Lum Albert G K and Lum Colleen J
Bought by
Lum Albert G K and Lum Colleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2004
Sold by
Lum Albert G K and Lum Colleen J
Bought by
Lum Albert G K and Lum Colleen J

Purchase Details

Closed on
Apr 1, 2004
Sold by
Pontzloff Frederick Albert and Pontzloff Fredrick Albert
Bought by
Lum Albert G K and Lum Colleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2002
Sold by
Kolberg Katherine
Bought by
Pontzloff Fredrick Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,250
Interest Rate
5.89%

Purchase Details

Closed on
Oct 26, 2001
Sold by
Dery Michael J
Bought by
Kolberg Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
6.84%

Purchase Details

Closed on
Oct 20, 1999
Sold by
Family Trust Marchi Charles And Carolyn Trs M and Marchi Brett
Bought by
Dery Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.95%
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
806 03 Saint Louis Avenue Trust -- None Available
Lum Albert G K -- Investors Title
Chen June -- Investors Title
Chen June $388,000 Investors Title
Lum & Lum Properties Llc -- None Available
Lum Albert G K -- None Available
Lum Albert G K -- --
Lum Albert G K -- --
Lum Albert G K $675,000 Ort
Pontzloff Fredrick Albert $407,000 Commonwealth Land Title Co
Kolberg Katherine $309,000 Fidelity National Title Co
Dery Michael J $204,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen June $291,000
Previous Owner Lum Albert G K $588,000
Previous Owner Lum Albert G K $472,500
Previous Owner Pontzloff Fredrick Albert $305,250
Previous Owner Kolberg Katherine $247,200
Previous Owner Dery Michael J $193,500
Closed Kolberg Katherine $61,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2012 10/29/12 Sold $388,000 0.0% $243 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $388,000 -- $243 / 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 $6,529 $477,781 $344,794 $132,987
2024 $6,529 $468,414 $338,034 $130,380
2023 $6,418 $459,230 $331,406 $127,824
2022 $6,039 $450,226 $324,908 $125,318
2021 $5,909 $441,399 $318,538 $122,861
2020 $5,893 $436,874 $315,272 $121,602
2019 $5,826 $428,309 $309,091 $119,218
2018 $5,579 $419,912 $303,031 $116,881
2016 $5,131 $403,609 $291,265 $112,344
2015 $4,931 $397,547 $286,890 $110,657
2014 $4,909 $389,761 $281,271 $108,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P834072

California Regional Multiple Listing Service (CRMLS)

APN: 7262-010-025