NOT LISTED FOR SALE

8433 Virginia Ave Unit A South Gate, CA 90280

Estimated Value: $734,000 - $900,000

3 Beds
3 Baths
1,578 Sq Ft
$505/Sq Ft Est. Value

Last Sold February 13, 2012

Last sale price $264,000 $167 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $4,566/month

19 Days on Market

Highlights

  • Contemporary Architecture
  • Legacy High School Complex Rated A-
  • Heating System Uses Natural Gas

About This Home

As of February 2012

REO REO!!! 2 units in the city of south gate. Title shows 3 units but property only has 2. Front unit has 1 bedroom and 1 bathroom with a 2 car garage. Rear unit has 2 bedrooms, 1 bathroom with a 1 car garage.

Last Agent to Sell the Property

Steven Padilla

Century 21 A Better Service License #00957274 Listed on: 10/03/2011

Century 21 A Better Service

Last Buyer's Agent

Billy Bryson

Centerpointe Real Estate License #01098993

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,750

Year Built

  • Built in 1923

Lot Details

  • 5,572 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • 1,578 Sq Ft Home
  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 443
  • Tax Tract Number 3254
  • Assessor Parcel Number 6215025032

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,750

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6215025032
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 167.30

Exterior Features

  • Pool Private: No
  • Roof: Shingle, Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5572.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lot Size Area: 5572.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 664
  • Tax Lot: 443
  • Tax Tract Number: 3254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2011
Closed on
Jan 24, 2012
Sold by
Us Bank National Association
Bought by
Bank Of America N A
Seller's Agent
Steven Padilla
Century 21 A Better Service
Buyer's Agent
Billy Bryson
Centerpointe Real Estate
List Price
$270,000
Sold Price
$264,000
Premium/Discount to List
-$6,000
-2.22%
Current Estimated Value
$796,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,667
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Bank Of America N A
Bought by
Sanchez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Flores Herminio and Flores Rosa
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 24, 2007
Sold by
Flores Herminio
Bought by
Flores Herminio and Flores Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2006
Sold by
Flores Rosa
Bought by
Flores Herminio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
1.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2002
Sold by
Quintero Felipe and Quintero Silvia
Bought by
Flores Herminio and Flores Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,369
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 1999
Sold by
Quintero Gustavo and Quintero Maria R
Bought by
Quintero Felipe and Quintero Silvia
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bank Of America N A -- None Available
Sanchez Elizabeth $264,000 Chicago Title Company
Us Bank National Association $247,500 Landsafe Title
Flores Herminio -- Commonwealth Title
Flores Herminio -- --
Flores Herminio $235,000 Fidelity National Title Co
Quintero Felipe -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Elizabeth $198,000
Previous Owner Flores Herminio $435,000
Previous Owner Flores Herminio $385,000
Previous Owner Flores Herminio $231,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2012 02/13/12 Sold $264,000 -2.2% $167 / Sq Ft
10/22/2011 10/22/11 Pending -- -- --
10/03/2011 10/03/11 For Sale $270,000 -- $171 / 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 $4,750 $339,747 $118,063 $221,684
2024 $4,750 $325,087 $115,749 $209,338
2023 $4,672 $318,714 $113,480 $205,234
2022 $4,464 $312,465 $111,255 $201,210
2021 $4,409 $306,339 $109,074 $197,265
2020 $4,438 $303,199 $107,956 $195,243
2019 $4,275 $297,255 $105,840 $191,415
2018 $4,149 $291,427 $103,765 $187,662
2016 $3,959 $280,113 $99,737 $180,376
2015 $3,896 $275,906 $98,239 $177,667
2014 $3,905 $270,502 $96,315 $174,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1106135

California Regional Multiple Listing Service (CRMLS)

APN: 6215-025-032