NOT LISTED FOR SALE

Estimated Value: $428,000 - $566,000

5 Beds
3 Baths
1,900 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $256,000 $135 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,018/month

9 Days on Market

About This Home

As of February 2017

Two homes on one lot. This corner duplex is fully rented. Main house is 3 bedrooms and 2 bathrooms with its own 2 car garage. Second house is 2 bedrooms and 1 bathroom. Each house has its own address. Please do not disturb tenants. Tenants unaware of sale. Drive by only.

Last Agent to Sell the Property

Tricia Cerda

RE/MAX Empire Properties License #01098061 Listed on: 01/07/2017

RE/MAX Empire Properties

Last Buyer's Agent

Elpidia Cooper

Quality Real Estate Corp. License #01987653

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,796

Year Built

  • Built in 1926

Lot Details

  • 7,680 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,900 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 0145072120000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $2,400
  • Operating Expense $3,600
  • Gross Income $22,800
  • Net Operating Income $19,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,796

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 0145072120000
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 134.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7680.00

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1100 Square Feet
  • Gross Income: 22800.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 19680.00
  • 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: 3120.00
  • Rent Control: No
  • Total Expenses: 3600.00

Tax Info

  • Tax Census Tract: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2017
Closed on
Feb 17, 2017
Sold by
Cerda Esperanza
Bought by
Cerda Rogelio V
Seller's Agent
Tricia Cerda
RE/MAX Empire Properties
Buyer's Agent
Elpidia Cooper
Quality Real Estate Corp.
List Price
$254,900
Sold Price
$256,000
Premium/Discount to List
$1,100
0.43%
Current Estimated Value
$495,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,849
Avg. Annual Appreciation
7.78%
Original Mortgage
$126,000
Outstanding Balance
$104,592
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$378,888

Purchase Details

Listed on
Jan 7, 2017
Closed on
Jan 26, 2017
Sold by
Mas Jose L and Greenlee Kristi M
Bought by
Cerda Rogelio V
Seller's Agent
Tricia Cerda
RE/MAX Empire Properties
Buyer's Agent
Elpidia Cooper
Quality Real Estate Corp.
List Price
$254,900
Sold Price
$256,000
Premium/Discount to List
$1,100
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$104,592
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$378,888

Purchase Details

Closed on
Nov 19, 2015
Sold by
Mas Jose L
Bought by
Mas Jose L and Greenlee Kristi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2013
Closed on
Nov 7, 2013
Sold by
Greenlee Kristi M
Bought by
Mas Jose L
Seller's Agent
Sonia Estrada
SMART SELL REAL ESTATE
Buyer's Agent
Sonia Estrada
SMART SELL REAL ESTATE
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$191,468
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 11, 2013
Closed on
Oct 22, 2013
Sold by
Lagunas Ralph M and Lagunas Silvia V
Bought by
Mas Jose L
Seller's Agent
Sonia Estrada
SMART SELL REAL ESTATE
Buyer's Agent
Sonia Estrada
SMART SELL REAL ESTATE
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2010
Sold by
Cottonwood Villas Llc
Bought by
Lagunas Ralph M and Lagunas Silvia V

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
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Cottonwood Villas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2008
Sold by
Rodriguez Henry
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2004-4

Purchase Details

Closed on
Apr 30, 2004
Sold by
Dao Hanh My
Bought by
Rodriquez Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2002
Sold by
Hud
Bought by
Dao Hanh My

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.03%

Purchase Details

Closed on
Jan 8, 2002
Sold by
Washington Mutual Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Sep 20, 2001
Sold by
Cazares Angel
Bought by
Washington Mutual Home Loans Inc

Purchase Details

Closed on
Jul 12, 2000
Sold by
Gomez Jeffery A and Gomez Jeffery
Bought by
Cazarez Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,978
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1998
Sold by
Cantu Michael G
Bought by
Gomez Jeffery A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.05%

Purchase Details

Closed on
Apr 20, 1998
Sold by
Hud
Bought by
Cantu Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.05%

Purchase Details

Closed on
Apr 23, 1997
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Apr 17, 1997
Sold by
George Michael D
Bought by
Fleet Mtg Corp and Fleet Real Estate Funding Corp

Purchase Details

Closed on
Apr 15, 1996
Sold by
George Michael David
Bought by
Cole William A
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
Cerda Rogelio V -- Pacific Coast Title Company
Cerda Rogelio V $256,000 Pacific Coast Title Company
Mas Jose L -- Corinthian Title Company
Mas Jose L -- Investors Title Company
Mas Jose L $195,000 Investors Title Company
Lagunas Ralph M $152,000 Old Republic Title Glendale
Cottonwood Villas Llc $80,000 Southland Title
Deutsche Bank National Trust Co $193,735 None Available
Rodriquez Henry $270,000 American Title-Orange
Dao Hanh My $130,500 Landsafe
Hud $133,811 First American Title Co
Washington Mutual Home Loans Inc $133,811 First American Title Ins Co
Cazarez Angel $125,000 Commonwealth Land Title Co
Gomez Jeffery A -- --
Cantu Michael G $34,500 United Title
Hud -- First Southwestern Title Co
Fleet Mtg Corp $77,409 First Southwestern Title Co
Cole William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerda Rogelio V $126,000
Previous Owner Mas Jose L $172,000
Previous Owner Mas Jose L $172,000
Previous Owner Mas Jose L $191,468
Previous Owner Lagunas Ralph M $114,000
Previous Owner Cottonwood Villas Llc $97,500
Previous Owner Rodriquez Henry $175,500
Previous Owner Dao Hanh My $148,500
Previous Owner Dao Hanh My $18,500
Previous Owner Dao Hanh My $104,400
Previous Owner Cazarez Angel $123,978
Previous Owner Gomez Jeffrey A $103,600
Previous Owner Cantu Michael G $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $256,000 +0.4% $135 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $254,900 +30.7% $134 / Sq Ft
11/27/2013 11/27/13 Sold $195,000 0.0% $102 / Sq Ft
11/27/2013 11/27/13 Sold $195,000 0.0% $102 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
10/18/2013 10/18/13 Pending -- -- --
10/11/2013 10/11/13 For Sale $195,000 0.0% $102 / Sq Ft
10/04/2013 10/04/13 Price Changed $195,000 -2.5% $102 / Sq Ft
09/24/2013 09/24/13 For Sale $200,000 -- $105 / 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 $3,796 $297,110 $46,423 $250,687
2024 $3,796 $291,285 $45,513 $245,772
2023 $3,701 $285,574 $44,621 $240,953
2022 $3,708 $279,974 $43,746 $236,228
2021 $3,715 $274,484 $42,888 $231,596
2020 $3,724 $271,669 $42,448 $229,221
2019 $3,614 $266,342 $41,616 $224,726
2018 $3,673 $261,120 $40,800 $220,320
2017 $2,817 $205,968 $39,081 $166,887
2016 $2,733 $201,930 $38,315 $163,615
2015 $3,222 $198,896 $37,739 $161,157
2014 $2,560 $195,000 $37,000 $158,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17004152

California Regional Multiple Listing Service (CRMLS)

APN: 0145-072-12