NOT LISTED FOR SALE

Estimated Value: $832,000 - $1,170,000

9 Beds
5 Baths
3,369 Sq Ft
$310/Sq Ft Est. Value

Last Sold January 04, 2017

Last sale price $640,000 $190 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,479/month

25 Days on Market

About This Home

As of January 2017

4 Units in a very good and clean condition. One Unit is 3 Bedrooms 2 Bathrooms with Granite Kitchen countertops. Every unit has a 1 car parking space in carport. All 3 Units are 2 Bedroom 1 Bath. * Back on the Market * Buyer did not perform.

Last Agent to Sell the Property

Maria Cervantes

Manna Realty License #01267890 Listed on: 07/14/2016

Last Buyer's Agent

Juan Moreno

New Aim Funding Inc. License #02009893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,165

Year Built

  • Built in 1915

Lot Details

  • 4,638 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Front Yard

Home Design

  • 3,369 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 6
  • Assessor Parcel Number 5103022007

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $770
  • Pest Control $750
  • Water Sewer Expense $4,200
  • New Taxes Expense $3,350
  • Gross Income $4,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,165

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4200.00
  • Property Type: Residential Income
  • Parcel Number: 5103022007
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 189.97

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 750.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 4638.00
  • Price Per Lot Square Foot: 140.15

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4850.00
  • Gross Scheduled Income: 58200.00
  • Insurance Expense: 770.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 493.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3350.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2016
Sold by
Mera Jorge E
Bought by
Mejia Angelica M
Current Estimated Value
$1,043,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,408
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2006
Sold by
Lee Theresa
Bought by
Mera Henry Fabian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 18, 2006
Sold by
Lopez Wilbert A
Bought by
Lopez Tatiana Mera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 6, 2006
Sold by
Lopez Tatiana Mera and Mera Henry Fabian
Bought by
Mera Jorge E

Purchase Details

Closed on
Sep 28, 2004
Sold by
Mera Jorge E and Mera Pilar R
Bought by
Lopez Tatiana Mera
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
Mejia Angelica M $640,000 Orange Coast Title Co Socal
Mera Henry Fabian -- Old Republic Title Company
Lopez Tatiana Mera -- Old Republic Title Company
Mera Jorge E -- None Available
Lopez Tatiana Mera -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Angelica M $605,000
Closed Mejia Angelica M $628,180
Previous Owner Mejia Angelica M $628,408
Previous Owner Lopez Tatiana Mera $468,000
Previous Owner Mera Jorge E $292,000
Previous Owner Mera Jorge E $243,600
Previous Owner Mera Jorge E $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2017 01/04/17 Sold $640,000 -3.0% $190 / Sq Ft
10/10/2016 10/10/16 Price Changed $660,000 0.0% $196 / Sq Ft
10/10/2016 10/10/16 For Sale $660,000 +1.5% $196 / Sq Ft
09/10/2016 09/10/16 Price Changed $650,000 -1.5% $193 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
07/18/2016 07/18/16 Price Changed $660,000 -5.6% $196 / Sq Ft
07/14/2016 07/14/16 For Sale $699,000 -- $207 / 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 $9,165 $742,768 $406,201 $336,567
2024 $9,165 $728,205 $398,237 $329,968
2023 $8,991 $713,928 $390,429 $323,499
2022 $8,581 $699,930 $382,774 $317,156
2021 $8,461 $686,207 $375,269 $310,938
2019 $8,211 $665,856 $364,140 $301,716
2018 $8,104 $652,800 $357,000 $295,800
2016 $3,396 $257,605 $59,663 $197,942
2015 $3,350 $253,736 $58,767 $194,969
2014 $3,387 $248,766 $57,616 $191,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16156267

California Regional Multiple Listing Service (CRMLS)

APN: 5103-022-007