B
Seller's Agent in 2023
Beth Hale
Elisabeth Hale, Broker
(562) 860-2443
1 in this area
34 Total Sales
841 Island Ave Wilmington, CA 90744
Estimated Value: $615,000 - $777,056
2
Beds
2
Baths
1,260
Sq Ft
$555/Sq Ft
Est. Value
Highlights
- No Units Above
- Tile Countertops
- Tile Flooring
- Neighborhood Views
- Laundry Room
- 2 Detached Carport Spaces
About This Home
As of December 20232 very well-maintained units on a huge lot with lots of potential. Sold with 1 unit with tenants in place. Both units are 1 bedroom and 1 bath, living room, kitchen and laundry area. They have tile flooring, newer windows, newer kitchen cabinets, newer bathroom sinks, scraped ceilings, ceiling fans. Unit 843 has new painting inside. 2 detached garages and additional carport. Long driveway for extra parking. New roof installed January/23. New heaters just installed in both units. Each unit has its own inside laundry area. Centrally located. Great opportunity for developers too!
Last Agent to Sell the Property
Elisabeth Hale, Broker License #01480574 Listed on: 10/06/2022
Last Buyer's Agent
Caleb Baldwin
INTI Realty License #02056751
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,748
Year Built
- Built in 1922
Lot Details
- 7,497 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Brick Fence
- Level Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- 2 Detached Carport Spaces
- Single Garage Door
- Shared Driveway
- On-Street Parking
Home Design
- Property Attached
- Flat Roof Shape
- Raised Foundation
Interior Spaces
- 1,260 Sq Ft Home
- 1-Story Property
- Awning
- Neighborhood Views
- Tile Countertops
- Laundry Room
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 9 / 6
- Tax Tract Number 6
- Assessor Parcel Number 7416029009
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Other Expense $660
- New Taxes Expense $7,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2022
Closed on
Nov 8, 2023
Sold by
Spencer Donna B
Bought by
Ramirez Martha and Garibay Samuel
Seller's Agent
Beth Hale
Elisabeth Hale, Broker
Buyer's Agent
Caleb Baldwin
INTI Realty
List Price
$600,000
Sold Price
$615,000
Premium/Discount to List
$15,000
2.5%
Views
444
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,264
Avg. Annual Appreciation
6.25%
Original Mortgage
$522,750
Outstanding Balance
$514,716
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$168,712
Purchase Details
Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%
Purchase Details
Closed on
Sep 21, 2004
Sold by
Hernandez Guillermo and Hernandez Sandra
Bought by
Spencer Gregory J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramirez Martha | $615,000 | Orange Coast Title Company | |
| Tegel | -- | -- | |
| Spencer Gregory J | $340,000 | Fidelity National Title Comp | |
| Hernandez Guillermo | -- | Fidelity National Title Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ramirez Martha | $522,750 | |
| Previous Owner | Tegel | -- | |
| Previous Owner | Spencer Gregory J | $277,700 | |
| Previous Owner | Spencer Gregory J | $143,950 | |
| Previous Owner | Spencer Gregory J | $99,500 | |
| Previous Owner | Spencer Gregory J | $306,000 | |
| Previous Owner | Spencer Gregory J | $306,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $615,000 | -5.4% | $488 / Sq Ft |
| 10/25/2023 10/25/23 | Pending | -- | -- | -- |
| 08/16/2023 08/16/23 | Price Changed | $650,000 | +8.3% | $516 / Sq Ft |
| 01/24/2023 01/24/23 | For Sale | $600,000 | -2.4% | $476 / Sq Ft |
| 12/18/2022 12/18/22 | Off Market | $615,000 | -- | -- |
| 12/16/2022 12/16/22 | For Sale | $600,000 | -2.4% | $476 / Sq Ft |
| 11/18/2022 11/18/22 | Off Market | $615,000 | -- | -- |
| 10/06/2022 10/06/22 | For Sale | $600,000 | -- | $476 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,748 | $627,300 | $459,000 | $168,300 |
| 2024 | $7,748 | $615,000 | $450,000 | $165,000 |
| 2023 | $5,833 | $455,512 | $254,552 | $200,960 |
| 2022 | $5,569 | $446,581 | $249,561 | $197,020 |
| 2021 | $5,500 | $437,825 | $244,668 | $193,157 |
| 2019 | $5,340 | $424,841 | $237,412 | $187,429 |
| 2018 | $5,225 | $416,511 | $232,757 | $183,754 |
| 2016 | $4,512 | $360,000 | $231,000 | $129,000 |
| 2015 | $4,203 | $334,000 | $205,000 | $129,000 |
| 2014 | $4,016 | $310,000 | $180,900 | $129,100 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Hale
-
Fred Smith
Seller Co-Listing Agent in 2023
Fred Smith
Elisabeth Hale, Broker
(562) 884-1478
1 in this area
18 Total Sales
-
C
Buyer's Agent in 2023
Caleb Baldwin
INTI Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22215238
APN: 7416-029-009
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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