NOT LISTED FOR SALE

8729 Walnut St Bellflower, CA 90706

Estimated Value: $829,000 - $982,000

3 Beds
2 Baths
1,347 Sq Ft
$661/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $716,000 $532 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,514/month

31 Days on Market

Highlights

  • No HOA
  • Galley Kitchen
  • Bungalow
  • Cul-De-Sac
  • Laundry Room
  • Accessible Parking

About This Home

As of November 2021

Rare, cozy Bellflower duplex. Live in one, rent the other or lease them both! The home sits on a large lot with fruit trees and plenty of garage and driveway parking. The kitchen has wood cabinets and granite counter tops and features an eat-in kitchen. Laminate-wood floors throughout. Front building is 2bed/1bath. Back is 1bed/1bath.

Last Agent to Sell the Property

Gary Dempsey

Harcourts Hunter Mason Realty License #01476679 Listed on: 08/29/2021

Harcourts Hunter Mason Realty

Last Buyer's Agent

Enrique Zapata

Mark 1 Real Estate, Inc. License #01714280

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,705

Year Built

  • Built in 1949

Lot Details

  • 6,996 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Brick Fence
  • Chain Link Fence
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 1,347 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Laminate Flooring

Kitchen

  • Galley Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Tax Tract Number 12736
  • Assessor Parcel Number 7107007019
  • $2,471 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $600
  • Trash Expense $471
  • Operating Expense $1,071
  • Gross Income $16,200
  • Net Operating Income $13,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,705

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 355000
  • Property Attached: No
  • View: No
  • Zoning: BFR2*
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7107007019
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 531.55
  • Room Type: All Bedrooms Down, Family Room, Galley Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Brick, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 471.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Size Sq Ft: 6996.00
  • Lot Size Acres: 0.1606

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 16200.00
  • Gross Scheduled Income: 16200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6996.0000 Square Feet
  • Net Operating Income: 13700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 2500.00
  • Rent Control: Yes
  • Total Actual Rent: 1350.00
  • Total Expenses: 1071.00

Tax Info

  • Tax Census Tract: 5543.01
  • Tax Lot: 18
  • Tax Tract Number: 12736
  • TaxOtherAnnualAssessmentAmount: 2471.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2021
Closed on
Oct 20, 2021
Sold by
Muro Diana and Muro Eva
Bought by
Ibarra Jose and Ibarra Sarai
Seller's Agent
Gary Dempsey
Harcourts Hunter Mason Realty
Buyer's Agent
Enrique Zapata
Mark 1 Real Estate, Inc.
List Price
$550,000
Sold Price
$716,000
Premium/Discount to List
$166,000
30.18%
Current Estimated Value
$890,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,035
Avg. Annual Appreciation
5.74%
Original Mortgage
$703,031
Outstanding Balance
$642,851
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$247,184

Purchase Details

Closed on
Oct 19, 2011
Sold by
Muro Reymundo
Bought by
Muro Diana

Purchase Details

Closed on
Aug 8, 2011
Sold by
Kugel Kimberly
Bought by
Muro Diana and Mura Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,635
Interest Rate
4.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2003
Sold by
Mcvey Kitty Marie
Bought by
Kugel Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Ibarra Jose $716,000 Orange Coast Title
Muro Diana -- Provident Title
Muro Diana $330,000 Provident Title
Kugel Kimberly $275,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibarra Jose $703,031
Previous Owner Muro Diana $316,635
Previous Owner Kugel Kimberly $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold $716,000 +0.8% $532 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $710,000 +29.1% $527 / Sq Ft
08/29/2021 08/29/21 For Sale $550,000 -- $408 / 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 $9,705 $759,824 $424,483 $335,341
2024 $9,705 $744,926 $416,160 $328,766
2023 $9,524 $730,320 $408,000 $322,320
2022 $9,268 $716,000 $400,000 $316,000
2021 $7,060 $382,924 $229,754 $153,170
2020 $6,946 $378,999 $227,399 $151,600
2019 $7,188 $371,569 $222,941 $148,628
2018 $6,964 $364,284 $218,570 $145,714
2016 $4,471 $350,140 $210,084 $140,056
2015 $4,219 $344,882 $206,929 $137,953
2014 $4,326 $338,127 $202,876 $135,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21179843

California Regional Multiple Listing Service (CRMLS)

APN: 7107-007-019