NOT LISTED FOR SALE

Estimated Value: $336,000 - $492,000

5 Beds
2 Baths
1,867 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: May 22, 2012

Last sale price $70,000 $37 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $2,396 / mo

7 Days on Market

Highlights

  • 0.46 Acre Lot
  • Two Homes on a Lot
  • Laundry Facilities
  • No HOA
  • 2 Car Garage
  • Wall Furnace

About This Home

As of May 2012

CALLING ALL INVESTORS!!! The subject is legally 2 units with an address of 881 and 887 E 2nd Street. 881 is located in the front and has 2 bedrooms and 1 bath; 887 is located in the rear and has 3 bedrooms and 2 baths. There is 3rd illegal unit in between both with no address. All units need work and middle unit may need to be permitted or demolished. Buyer to confirm legal status of units and zoning for area prior to submitting offers. Buyer responsible for ALL DUE DILIGENCE. Property is sold "as is" and "where as" with all it's faults and legalities or lack of thereof. No repairs will be made by seller. Cash only purchase. This is NOT A SHORT SALE.

Last Agent to Sell the Property

Reo Joe Quinteros

Southwest California Inc License #01038914 Listed on: 04/23/2012

Co-Listed By

Jeff Farr

Elevate Real Estate Agency License #01336678

Last Buyer's Agent

Jeff Farr

Elevate Real Estate Agency License #01336678

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 20,000 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway
  • Unpaved Parking

Home Design

  • 1,867 Sq Ft Home
  • Ranch Style House
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Two Homes on a Lot
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 2523
  • Assessor Parcel Number 0279291070000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0.46 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • View: No
  • Architectural Style: Ranch
  • Property Condition: Additions/Alterations, Fixer, Repairs Cosmetic, Repairs Major
  • Property Type: Residential Income
  • Parcel Number: 0279291070000
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 37.49

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unpaved, Garage, On Site, Shared Driveway
  • Total Parking Spaces: 14.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 20000.00
  • Lot Size Acres: 0.4590

Multi Family

  • Lot Size Area: 20000.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 2523

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2012
Closed on
May 15, 2012
Sold by
Bought by
Seller's Agent
Reo Joe Quinteros
Southwest California Inc
Buyer's Agent
Jeff Farr
Elevate Real Estate Agency
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%
Current Estimated Value
$414,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,570
Avg. Annual Appreciation
13.33%

Purchase Details

Listed on
Apr 23, 2012
Closed on
May 9, 2012
Sold by
Bought by
Seller's Agent
Reo Joe Quinteros
Southwest California Inc
Buyer's Agent
Jeff Farr
Elevate Real Estate Agency
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%

Purchase Details

Closed on
Feb 8, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
0.058%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
0.0606%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 22, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
0.0606%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 29, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
0.0606%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 20, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Spl Title Services
$70,000 Wfg Title Insurance Company
$112,500 Spl Title Services
-- None Available
-- None Available
$315,000 First American
-- First American
-- First American
$87,500 First American
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $70,000
Previous Owner $387,000
Previous Owner $370,000
Previous Owner $40,000
Previous Owner $252,000
Previous Owner $86,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/22/2012 05/22/12 Sold $70,000 +0.1% $37 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $69,900 -- $37 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,436 $102,494 $38,435 $64,059
2025 $1,436 $100,484 $37,681 $62,803
2024 $1,405 $98,514 $36,942 $61,572
2023 $1,369 $96,583 $36,218 $60,365
2022 $1,368 $94,689 $35,508 $59,181
2021 $1,367 $92,833 $34,812 $58,021
2020 $1,367 $91,881 $34,455 $57,426
2019 $1,330 $90,079 $33,779 $56,300
2018 $1,316 $88,313 $33,117 $55,196
2017 $1,276 $86,582 $32,468 $54,114
2016 $1,238 $84,884 $31,831 $53,053
2015 $1,110 $83,609 $31,353 $52,256
2014 $1,079 $81,971 $30,739 $51,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K12052260

California Regional Multiple Listing Service (CRMLS)

APN: 0279-291-07

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