NOT LISTED FOR SALE

Estimated Value: $1,157,000 - $1,594,044

5 Beds
3 Baths
2,514 Sq Ft
$547/Sq Ft Est. Value

Last Sold December 16, 2013

Last sale price $608,000 $242 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $7,915/month

166 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Granite Countertops
  • Laundry Room
  • Spanish Architecture
  • No HOA
  • Tile Flooring

About This Home

As of December 2013

CUTE 2 UNITS, FRONT UNIT IS 4 BEDROOMS 2 BATHS, ALL TILE, BACK UNIT IS ONE BEDROOM ONE BATH VERY VERY SPACIOUS. BOTH UNITS HAS VERY GOOD TENANTS, FRONT UNIT IS RENTING FOR$2750 LEASE WILL EXPIRE ON 8/30/13. BACK UNIT IS MONTH TO MONTH RENTING FOR $1250

Last Agent to Sell the Property

Dolly Yau

DOLLY REALTY License #00837221 Listed on: 07/06/2013

Last Buyer's Agent

Peter Wu

Coldwell Banker Dynasty T.C. License #01930046

Coldwell Banker Dynasty T.C.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 9,454 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Public Parking
  • Parking Available

Home Design

  • Spanish Architecture
  • Turnkey
  • Block Foundation

Interior Spaces

  • 2,514 Sq Ft Home
  • Tile Flooring
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 11
  • Assessor Parcel Number 5725024016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,875
  • Gross Income $4,000
  • Net Operating Income $3,244

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5725024016
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 241.85
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Block
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Public
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9454.00
  • Lot Size Acres: 0.2170

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 4000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 9454.0000 Square Feet
  • Net Operating Income: 3244.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 756.00
  • Rent Control: Yes
  • Total Actual Rent: 4000.00

Tax Info

  • New Taxes Expense: 6875.00
  • Taxes Percent: 1.10
  • Tax Lot: 8
  • Tax Tract Number: 11
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2013
Sold by
You Me Five Llc
Bought by
Wong See Hoo and Wu So Chun
Current Estimated Value
$1,375,011

Purchase Details

Closed on
Feb 12, 2008
Sold by
Wen Pao Kuen Fabienne
Bought by
You Me Five Llc

Purchase Details

Closed on
May 22, 2007
Sold by
You Me Five Llc
Bought by
Wen Fabienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2006
Sold by
Wen Pao Kuen Fabienne
Bought by
You Me Five Llc

Purchase Details

Closed on
Feb 21, 2006
Sold by
Coronado Henry A and The Coronado Family Trust
Bought by
Wen Pao Kuen Fabienne
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
Wong See Hoo $608,000 Wfg Title Company
You Me Five Llc -- None Available
Wen Fabienne -- Southland Title
Wen Fabienne -- Accommodation
You Me Five Llc -- Accommodation
Wen Pao Kuen Fabienne -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wen Fabienne $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2013 12/16/13 Sold $608,000 -2.7% $242 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $625,000 -- $249 / 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 $8,702 $745,311 $490,338 $254,973
2024 $8,702 $730,698 $480,724 $249,974
2023 $8,629 $716,372 $471,299 $245,073
2022 $8,336 $702,326 $462,058 $240,268
2021 $7,995 $688,556 $452,999 $235,557
2020 $7,683 $682,037 $448,355 $233,682
2019 $7,703 $668,675 $439,564 $229,111
2018 $7,762 $655,576 $430,946 $224,630
2016 $7,500 $629,603 $414,213 $215,390
2015 $7,418 $620,147 $407,992 $212,155
2014 -- $608,000 $400,000 $208,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13064428

California Regional Multiple Listing Service (CRMLS)

APN: 5725-024-016