NOT LISTED FOR SALE

916 Beverly Way Altadena, CA 91001

Estimated Value: $1,098,000 - $1,756,058

3 Beds
5 Baths
2,904 Sq Ft
$523/Sq Ft Est. Value

Last Sold September 10, 2014

Last sale price $949,000 $327 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,726/month

111 Days on Market

About This Home

As of September 2014

LOCATION! LOCATION! LOCATION! ONCE IN A LIFETIME INVESTMENT OPPORTUNITY TO OWN A 2 BEDROOM 3 BATH HOUSE, WITH A BONUS ROOM, PRIVATE FRONT YARD, PRIVATE BACK YARD, 2 GARAGES, 2 STUDIO APARTMENTS, ONE (1) BEDROOM (1) BATH APARTMENT, AND 2 OPEN PARKING SPACES FOR THE STUDIO. THE FRONT HOME FEATURES A FORMAL LIVING ROOM, FORMAL DINING ROOM, FAMILY ROOM WITH STONE FIREPLACE AND CATHEDRAL CEILINGS, AND COMPLETE RENOVATED INTERIORS. PER LENDER THIS PROPERTY QUALIFIES FOR FHA FINANCING WITH AS LITTLE AS $33,000 DOWN PAYMENT FOR FIRST TIME BUYERS.

Last Agent to Sell the Property

Julio Aguilar

Recap Properties License #01734468 Listed on: 05/29/2014

Last Buyer's Agent

Julio Aguilar

Recap Properties License #01734468 Listed on: 05/29/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,558 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,904 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 7832
  • Assessor Parcel Number 5845005006

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $5,000
  • Net Operating Income $45,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.70
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Property Type: Residential Income
  • Parcel Number: 5845005006
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 326.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 7558.00
  • Lot Size Acres: 0.1740

Multi Family

  • Gross Income: 5000.00
  • Gross Scheduled Income: 60000.00
  • Lot Size Area: 7558.0000 Square Feet
  • Net Operating Income: 45000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 15000.00
  • Rent Control: No

Tax Info

  • Taxes Percent: 1.25
  • Tax Lot: 75
  • Tax Tract Number: 7832
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2020
Sold by
Sharp Henry T and Sharp Brenda L
Bought by
Sharp Henry T and Sharp Brenda L
Current Estimated Value
$1,517,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,078,158
Outstanding Balance
$957,216
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$560,470

Purchase Details

Closed on
Apr 12, 2019
Sold by
Sharp Brenda L and Sharp Henry T
Bought by
Henry And Brenda Sharp Trust

Purchase Details

Closed on
Sep 2, 2017
Sold by
Sharp Henry T
Bought by
Sharp Henry T and Sharp Brenda L

Purchase Details

Closed on
Jan 14, 2017
Sold by
Sharp Henry T
Bought by
Sharp Henry T and Sharp Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,071,000
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Apr 15, 2016
Sold by
Sharp Henry T
Bought by
Henry & Brenda Sharp Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$873,685
Interest Rate
3.68%
Mortgage Type
VA

Purchase Details

Closed on
Jan 14, 2015
Sold by
Sharp Henry T
Bought by
Henry & Brenda Sharp Trust

Purchase Details

Listed on
May 29, 2014
Closed on
Aug 27, 2014
Sold by
Walsh John R
Bought by
Sharp Henry T and Sharp Brenda L
Seller's Agent
Julio Aguilar
Recap Properties
Buyer's Agent
Julio Aguilar
Recap Properties
List Price
$949,000
Sold Price
$949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$883,625
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Listed on
Feb 6, 2013
Closed on
Mar 8, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Walsh John R
Seller's Agent
Jeff Russell
Real Estate Alliance
Buyer's Agent
Julio Aguilar
Recap Properties
List Price
$549,900
Sold Price
$621,000
Premium/Discount to List
$71,100
12.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.93%

Purchase Details

Closed on
Jun 26, 2012
Sold by
Larry Josef R and Larry Yonnine
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 19, 2005
Sold by
Segall Herbert and Segall Miriam
Bought by
Larry Josef R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 19, 1994
Sold by
Segall Herbert and Segall Miriam
Bought by
Segall Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sharp Henry T -- Wfg National Title Ins Co
Sharp Henry T -- Wfg National Title Ins Co
Henry And Brenda Sharp Trust -- Westminster Title Company
Sharp Henry T -- Westminster Title Company
Sharp Henry T -- Provident Title
Sharp Henry T -- Provident Title Company
Henry & Brenda Sharp Trust -- Accommodation
Sharp Henry T -- First American Title Company
Henry & Brenda Sharp Trust -- None Available
Sharp Henry T $949,000 None Available
Walsh John R $621,000 Ticor Title Riverside
Federal Home Loan Mortgage Corporation $658,835 Accommodation
Larry Josef R $750,000 Southland Title
Segall Herbert -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Henry T $1,078,158
Closed Sharp Henry T $1,071,000
Closed Sharp Henry T $873,685
Closed Sharp Henry T $883,625
Previous Owner Larry Josef R $600,000
Previous Owner Segall Herbert $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2014 09/10/14 Sold $949,000 0.0% $327 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $949,000 +52.8% $327 / Sq Ft
03/15/2013 03/15/13 Sold $621,000 +12.9% $214 / Sq Ft View Prior Sale
02/07/2013 02/07/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $549,900 -- $189 / 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 $9,579 $710,356 $508,602 $201,754
2024 $9,579 $696,429 $498,630 $197,799
2023 $9,153 $682,774 $488,853 $193,921
2022 $8,853 $669,387 $479,268 $190,119
2021 $6,708 $656,263 $469,871 $186,392
2020 $7,981 $649,735 $465,054 $184,681
2019 $6,516 $637,000 $455,936 $181,064
2018 $6,539 $624,515 $446,997 $177,518
2016 $7,643 $600,075 $429,641 $170,434
2015 $7,560 $949,000 $720,000 $229,000
2014 $7,850 $623,818 $367,661 $256,157
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Julio Aguilar

    Recap Properties

    Section Image

  • J

    Seller's Agent in 2013

    Jeff Russell

    Real Estate Alliance

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14078913

California Regional Multiple Listing Service (CRMLS)

APN: 5845-005-006

California Los Angeles County Altadena 91001

916 Beverly Way, Altadena, CA

Not Listed for Sale

MultiFamily

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