NOT LISTED FOR SALE

Estimated Value: $993,000 - $1,420,198

2 Beds
2 Baths
1,100 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $709,000 $645 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,985/month

68 Days on Market

Highlights

  • Wood Flooring
  • Floor Furnace
  • 1-Story Property

About This Home

As of October 2016

Great neighborhood and an opportunity for either an investor or as an owner-user. Each apartment has charm along with hardwood floors. The rear unit (8432) has a spacious yard with a lovely patio area and feels like a single family residence. Enjoy being close to the airport and the beaches. New copper pipes and electrical upgrades. Please do not disturb tenants.

Last Agent to Sell the Property

Jane Schore

Coldwell Banker Realty License #00980877 Listed on: 08/12/2016

Coldwell Banker Realty

Last Buyer's Agent

Trevor Schneeberger

Douglas Elliman of California, Inc. License #01894314

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,229

Year Built

  • Built in 1943

Lot Details

  • 6,003 Sq Ft Lot

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Uncovered Parking

Utilities

  • Floor Furnace
  • Cable TV Available

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4107-019-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,229

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1100
  • Probate: No
  • Stories: 1
  • Year Built: 1943
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Mixed
  • Appliances: Oven
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Refrigerator
  • Price Per S Q F T: 654.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking, Uncovered
  • Total Parking: 2

Utilities

  • Heating: Floor Furnace
  • Water Expense: 70.00

Fee Information

  • Insurance Expense: 1422.00
  • Maintenance Expense: 500.00

Lot Info

  • Assessed Improvement Value: 18749
  • Assessed Land Value: 42813
  • Assessor Parcel Number: 4107-019-004
  • Geocode Override: No
  • Lot Size Area: 6003

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 2
  • Total Annual Expense: 2942
  • Type Of Units: 2
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 950.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Sep 9, 2016
Sold by
8430 Wiley Post Llc
Bought by
Wenke Michelle
Seller's Agent
Jane Schore
Coldwell Banker Realty
Buyer's Agent
Trevor Schneeberger
Douglas Elliman of California, Inc.
List Price
$720,000
Sold Price
$709,000
Premium/Discount to List
-$11,000
-1.53%
Current Estimated Value
$1,110,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,050
Avg. Annual Appreciation
5.21%
Original Mortgage
$531,750
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2012
Sold by
Siverts Melvin D
Bought by
8430 Wiley Post Llc

Purchase Details

Closed on
Feb 10, 2012
Sold by
Siverts Francine
Bought by
8430 Wiley Post Llc

Purchase Details

Closed on
Feb 9, 2012
Sold by
Schilling Elaine F and Schilling Trust
Bought by
8430 Wiley Post Llc

Purchase Details

Closed on
Feb 23, 2009
Sold by
Schilling Elaine F
Bought by
Schilling Elaine F and Schilling Trust

Purchase Details

Closed on
Dec 21, 2004
Sold by
Siverts Melvin D and Siverts La Verne
Bought by
Siverts Melvin D

Purchase Details

Closed on
Oct 31, 2003
Sold by
Siverts La Verne
Bought by
Siverts La Verne

Purchase Details

Closed on
Feb 13, 2003
Sold by
Siverts Melvin D
Bought by
Siverts Laverne

Purchase Details

Closed on
Feb 16, 1985
Sold by
Siverts La Verne
Bought by
Siverts Melvin D
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
Wenke Michelle $709,000 Equity Title Company
8430 Wiley Post Llc -- None Available
8430 Wiley Post Llc -- None Available
8430 Wiley Post Llc -- None Available
Schilling Elaine F -- None Available
Siverts Melvin D -- --
Siverts La Verne -- --
Siverts Laverne -- --
Siverts Melvin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenke Michelle $511,000
Previous Owner Wenke Michelle $531,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2016 10/25/16 Sold $709,000 -1.5% $645 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $720,000 -- $655 / Sq Ft
Source: The MLS

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 $11,229 $927,722 $580,292 $347,430
2024 $11,229 $909,532 $568,914 $340,618
2023 $11,016 $891,699 $557,759 $333,940
2022 $9,358 $775,392 $546,823 $228,569
2021 $9,243 $760,189 $536,101 $224,088
2019 $8,970 $737,643 $520,200 $217,443
2018 $8,881 $723,180 $510,000 $213,180
2016 $960 $62,499 $43,465 $19,034
2015 $949 $61,562 $42,813 $18,749
2014 $969 $60,357 $41,975 $18,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-152660

The MLS

APN: 4107-019-004