NOT LISTED FOR SALE

Estimated Value: $786,000 - $1,057,000

3 Beds
2 Baths
1,390 Sq Ft
$702/Sq Ft Est. Value

Last Sold February 25, 2014

Last sale price $540,000 $388 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,804/month

36 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bungalow
  • Woodrow Wilson High School Rated A
  • Laundry Room
  • 2-minute walk to Rose Park

About This Home

As of February 2014

Welcome to this Historic Rose Park Cutie! Classic Bungalow Style 2 Homes on a Lot. Front home is a 2 bedroom, 1 bath cottage that has a flowing floorplan, brightly lit space with hardwood floors. Gourmet Kitchen has been updated with vaulted ceilings, new flooring, granite countertops, & designer tile backsplash. Stainless steel appliances include 6 burner range, refrigerator and dishwasher. Bedrooms have a remodeled jack & jill bath that has new flooring, vessel sink and wainscoting walls. Large jack and jill closet with additional closets in both rooms. Plantation shutters and ceiling fans through-out. Back house is a large one bedroom that is adorable. Home has 20's style built-ins and hardwood floors through out with huge private yard. Large Gated Driveway (parking for 4 cars!!!) with 2 car garage and shared laundry room. Wonderful location, close to the Park, Trendy Retro Row shopping and dining, Belmont Shore & Downtown!! Perfect for Owner User - Live in one, and collect rental income to help pay your mortgage. Fabulous opportunity to be in this special neighborhood!!!

Last Agent to Sell the Property

Ross Gagnon

Coldwell Banker Realty License #01402317 Listed on: 12/18/2013

Coldwell Banker Realty

Co-Listed By

Natasha Schultheis

Coldwell Banker Realty License #01277420

Last Buyer's Agent

Curtis Beitel

HomeSmart, Evergreen Realty License #00814519

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,787 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Rectangular Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Bungalow
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Six Burner Stove
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 017
  • Tax Tract Number 7258
  • Assessor Parcel Number 7258014017

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $6,899
  • Gross Income $3,275
  • Net Operating Income $39,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Circle (CA)
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 7258014017
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 388.49
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove
  • Heating Type: Forced Air
  • Laundry Features: In Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Landscaped, Rectangular Lot, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 6787.00
  • Lot Size Acres: 0.1560

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 572
  • Average2 Bed Area: 818
  • Gross Income: 3275.00
  • Gross Scheduled Income: 39300.00
  • Lot Size Area: 6787.0000 Square Feet
  • Net Operating Income: 39300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Actual Rent: 1375.00

Tax Info

  • New Taxes Expense: 6899.00
  • Tax Lot: 017
  • Tax Tract Number: 7258
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2013
Closed on
Feb 13, 2014
Sold by
Zeo Sardelis Christopher J and Zeo Farrell Enzia
Bought by
Bar Chaim and Feldman Victoria
Seller's Agent
Ross Gagnon
Coldwell Banker Realty
Buyer's Agent
Curtis Beitel
HomeSmart, Evergreen Realty
List Price
$574,900
Sold Price
$540,000
Premium/Discount to List
-$34,900
-6.07%
Current Estimated Value
$975,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,143
Avg. Annual Appreciation
5.12%
Original Mortgage
$351,000
Outstanding Balance
$265,797
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$709,346

Purchase Details

Closed on
Apr 10, 2008
Sold by
The Enzia Farrell Living Trust
Bought by
Farrell Enzia Zeo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2008
Sold by
Farrell Enzia
Bought by
Zeo Sardelis Christopher J and Zeo Farrell Enzia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2007
Sold by
Farrell Enzia
Bought by
The Enzia Farrell Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2004
Sold by
Ranney Parker Lee and 2002 Parker Lee Ranney Trust
Bought by
The Enzia Farrell Living Trust

Purchase Details

Closed on
Jul 18, 2002
Sold by
Ranney Parker Lee
Bought by
Ranney Parker Lee and 2002 Parker Lee Ranney Trust

Purchase Details

Closed on
Oct 31, 2001
Sold by
Charouhas Elisa
Bought by
Ranney Parker Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.67%

Purchase Details

Closed on
Jan 5, 1999
Sold by
Olsson Richard A and Olsson Andrea L
Bought by
Charouhas Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,731
Interest Rate
6.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bar Chaim $540,000 North American Title Company
Farrell Enzia Zeo -- None Available
Zeo Sardelis Christopher J -- Ticor Title Orange Branch
The Enzia Farrell Living Trust -- Ticor Title Company Brea
Farrell Enzia -- Ticor Title Company Brea
The Enzia Farrell Living Trust -- --
Ranney Parker Lee -- --
Ranney Parker Lee $305,000 Fidelity National Title Ins
Charouhas Elisa $189,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bar Chaim $351,000
Previous Owner Zeo Sardelis Christopher J $390,000
Previous Owner Farrell Enzia $200,000
Previous Owner Ranney Parker Lee $195,000
Previous Owner Charouhas Elisa $187,731
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2014 02/25/14 Sold $540,000 -6.1% $388 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $574,900 -- $414 / 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 $8,516 $661,953 $490,338 $171,615
2024 $8,516 $648,974 $480,724 $168,250
2023 $8,374 $636,250 $471,299 $164,951
2022 $7,862 $623,775 $462,058 $161,717
2021 $7,707 $611,546 $452,999 $158,547
2020 $7,688 $605,277 $448,355 $156,922
2019 $7,598 $593,410 $439,564 $153,846
2018 $7,357 $581,776 $430,946 $150,830
2016 $6,771 $559,187 $414,213 $144,974
2015 $6,498 $550,789 $407,992 $142,797
2014 $5,809 $490,079 $284,269 $205,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13249476

California Regional Multiple Listing Service (CRMLS)

APN: 7258-014-017