NOT LISTED FOR SALE

8314 Sargent Ave Whittier, CA 90605

Michigan Park Neighborhood

Estimated Value: $893,000 - $1,456,000

6 Beds
4 Baths
3,739 Sq Ft
$338/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $600,000 $160 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $7,280/month

2 Days on Market

About This Home

As of April 2013

Great income producing property in one of the best areas in the city of Whittier. Four separate covered garages, separate gas and electric meters.

Last Agent to Sell the Property

Arie Tham

Coldwell Banker Envision License #01342329 Listed on: 12/07/2012

Coldwell Banker Envision

Last Buyer's Agent

Arie Tham

Coldwell Banker Envision License #01342329 Listed on: 12/07/2012

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,737 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • 3,739 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 19390
  • Assessor Parcel Number 8143002007

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,445
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

6,737 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 8143002007
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 160.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6737.00
  • Lot Size Acres: 0.1550

Multi Family

  • Gross Income: 4445.00
  • Gross Scheduled Income: 53000.00
  • Lot Size Area: 6737.0000 Square Feet
  • Net Operating Income: 39000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 19390
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2012
Closed on
Mar 28, 2013
Sold by
Hernnadez Carol Ann
Bought by
Hernnadez Jorge S
Seller's Agent
Arie Tham
Coldwell Banker Envision
Buyer's Agent
Arie Tham
Coldwell Banker Envision
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$1,263,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,046
Avg. Annual Appreciation
5.93%
Original Mortgage
$437,500
Outstanding Balance
$308,732
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$954,314

Purchase Details

Listed on
Dec 7, 2012
Closed on
Mar 11, 2013
Sold by
Dyer Matthew and Dyer Tanjah Grunewald
Bought by
Hernandez Jorge S
Seller's Agent
Arie Tham
Coldwell Banker Envision
Buyer's Agent
Arie Tham
Coldwell Banker Envision
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Outstanding Balance
$308,732
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$954,314

Purchase Details

Closed on
Feb 16, 2007
Sold by
Luft Terry E and Luft Joann
Bought by
Dyer Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
8.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 4, 2003
Sold by
Blaylock James
Bought by
Luft Terry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
5.77%

Purchase Details

Closed on
Nov 13, 2002
Sold by
Blaylock Cindy
Bought by
Blaylock James

Purchase Details

Closed on
Oct 24, 2002
Sold by
Morris Nadine M and The Morris Family Trust
Bought by
Blaylock James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernnadez Jorge S -- Chicago Title Company
Hernandez Jorge S $600,000 Chicago Title Company
Dyer Matthew $900,000 Investors Title Company
Luft Terry E $595,000 Southland Title Company
Blaylock James -- Southland Title Corporation
Blaylock James $440,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jorge S $437,500
Previous Owner Dyer Matthew $704,000
Previous Owner Luft Terry E $446,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2013 04/05/13 Sold $600,000 -4.0% $160 / Sq Ft
12/09/2012 12/09/12 Pending -- -- --
12/07/2012 12/07/12 For Sale $625,000 -- $167 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,519 $738,846 $369,423 $369,423
2024 $9,519 $724,360 $362,180 $362,180
2023 $9,580 $710,158 $355,079 $355,079
2022 $9,297 $696,234 $348,117 $348,117
2021 $8,970 $682,584 $341,292 $341,292
2019 $8,694 $662,340 $331,170 $331,170
2018 $8,373 $649,354 $324,677 $324,677
2016 $7,998 $624,140 $312,070 $312,070
2015 $7,982 $614,766 $307,383 $307,383
2014 -- $602,724 $301,362 $301,362
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Arie Tham

    Coldwell Banker Envision

    (909) 606-1299

    Arie Tham
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG12148822

California Regional Multiple Listing Service (CRMLS)

APN: 8143-002-007

California Los Angeles County Whittier 90605 Michigan Park

8314 Sargent Ave, Whittier, CA

Not Listed for Sale

MultiFamily

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