NOT LISTED FOR SALE

923 E Cruces St Wilmington, CA 90744

Estimated Value: $740,000 - $962,000

4 Beds
3 Baths
2,168 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $385,000 $178 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,631/month

69 Days on Market

About This Home

As of August 2015

This home is located at 923 E Cruces St, Wilmington, CA 90744 since 17 April 2015 and is currently estimated at $810,488, approximately $373 per square foot. This property was built in 1915. 923 E Cruces St is a home located in Los Angeles County with nearby schools including Wilmington Park Elementary, Wilmington Middle School STEAM Magnet, and Phineas Banning Senior High School.

Last Agent to Sell the Property

Gabriela Sandoval

New Pacific Realty License #01840212 Listed on: 04/17/2015

Last Buyer's Agent

Gabriela Sandoval

New Pacific Realty License #01840212 Listed on: 04/17/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,492

Year Built

  • Built in 1915

Lot Details

  • 4,735 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Home Design

  • 2,168 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 46
  • Tax Tract Number 46
  • Assessor Parcel Number 7426005007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,000
  • Operating Expense $3,000
  • Gross Income $1,600
  • Net Operating Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,492

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Assessments: No
  • Ad Number: Gabriela
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 1000.00
  • Property Type: Residential Income
  • Parcel Number: 7426005007
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 177.58

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 4735.00
  • Lot Size Acres: 0.1090

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1600.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4735.0000 Square Feet
  • Net Operating Income: 16200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Actual Rent: 1600.00
  • Total Expenses: 3000.00

Tax Info

  • Tax Lot: 46
  • Tax Tract Number: 46
  • Tax Annual Amount: 3492.00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel
Current Estimated Value
$799,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Listed on
Apr 17, 2015
Closed on
Jul 3, 2015
Sold by
Ramirez Silvia
Bought by
Suarez Family Revocable Trust
Seller's Agent
Gabriela Sandoval
New Pacific Realty
Buyer's Agent
Gabriela Sandoval
New Pacific Realty
List Price
$380,000
Sold Price
$385,000
Premium/Discount to List
$5,000
1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Nov 17, 2009
Sold by
Bank Of America National Association
Bought by
Ramirez Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,191
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2009
Sold by
Saravia Manuel
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jun 16, 2004
Sold by
Saravia Milton and Saravia Manuel
Bought by
Saravia Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2000
Sold by
Cardenas Mario and Sandoval Mario
Bought by
Saravia Milton and Saravia Manuel

Purchase Details

Closed on
May 2, 2000
Sold by
Cardenas Evelia
Bought by
Cardenas Mario

Purchase Details

Closed on
Feb 25, 2000
Sold by
Avina Raul
Bought by
Cardenas Mario and Sandoval Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,495
Interest Rate
8.22%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1999
Sold by
Bank Of New York
Bought by
Avina Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
7.84%

Purchase Details

Closed on
Feb 19, 1999
Sold by
Dowthard Winston
Bought by
Cwmbs Inc and Mortgage Pass Through Certificates Serie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tegel -- --
Suarez Family Revocable Trust $385,000 Provident Title Company
Ramirez Silvia $250,000 Lsi Title Agency
Bank Of America National Association $254,915 None Available
Saravia Manuel -- Gateway Title Company
Saravia Milton -- --
Cardenas Mario -- South Coast Title
Cardenas Mario $184,000 South Coast Title
Avina Raul $130,000 United Title
Cwmbs Inc $138,137 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tegel --
Previous Owner Ramirez Silvia $316,191
Previous Owner Saravia Manuel $219,000
Previous Owner Cardenas Mario $182,495
Previous Owner Avina Raul $110,500
Closed Avina Raul $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $385,000 +1.3% $178 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $380,000 -- $175 / 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 $5,751 $455,756 $295,947 $159,809
2024 $5,751 $446,821 $290,145 $156,676
2023 $5,645 $438,060 $284,456 $153,604
2022 $5,389 $429,472 $278,879 $150,593
2021 $5,316 $421,052 $273,411 $147,641
2020 $5,365 $416,736 $270,608 $146,128
2019 $5,162 $408,565 $265,302 $143,263
2018 $5,089 $400,554 $260,100 $140,454
2016 $4,850 $385,000 $250,000 $135,000
2015 $3,462 $268,503 $161,102 $107,401
2014 $3,492 $263,245 $157,947 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15082166

California Regional Multiple Listing Service (CRMLS)

APN: 7426-005-007