NOT LISTED FOR SALE

9249 Cedar St Bellflower, CA 90706

Estimated Value: $1,346,000 - $1,582,874

7 Beds
4 Baths
3,067 Sq Ft
$470/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $905,000 $295 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,762/month

9 Days on Market

About This Home

As of July 2016

Nice 4 Unit property on oversized lot. There on no shared walls, each unit is separate. Buy to build or keep as a investment.

Last Agent to Sell the Property

David Dumalski

White Realty Associates License #00657189 Listed on: 05/23/2016

Last Buyer's Agent

Greg Bayer

Coldwell Banker Beachside License #01062994

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,689

Year Built

  • Built in 1959

Lot Details

  • 0.55 Acre Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available
  • Parking available for a boat
  • RV Potential
  • Assigned Parking

Home Design

  • 3,067 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 214
  • Tax Tract Number 5544
  • Assessor Parcel Number 7162009030

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,400
  • Insurance Expense $1,500
  • Maintenance Expense $3,178
  • Professional Management Expense $3,500
  • Trash Expense $890
  • Water Sewer Expense $891
  • New Taxes Expense $11,862
  • Gross Income $4,920
  • Net Operating Income $46,673

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,689

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Professional Management Expense: 3500.00
  • Property Attached: No
  • Water Sewer Expenses: 891.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 7162009030
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 295.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Boat, RV Potential
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 890.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 24015.00
  • Price Per Lot Square Foot: 37.68

Multi Family

  • Gross Income: 4920.00
  • Gross Scheduled Income: 59040.00
  • Insurance Expense: 1500.00
  • Maintenance Expense: 3178.00
  • Net Operating Income: 46673.00
  • 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: 11690.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11862.00
  • Tax Lot: 214
  • Tax Tract Number: 5544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Serrano Jannet Martha
Bought by
9247 Cedar St Llc
Current Estimated Value
$1,440,219

Purchase Details

Listed on
May 23, 2016
Closed on
Jun 2, 2016
Sold by
Smolin John Michael and Smolin Family Trust
Bought by
Serrano Jannet
Seller's Agent
David Dumalski
White Realty Associates
Buyer's Agent
Greg Bayer
Coldwell Banker Beachside
List Price
$949,000
Sold Price
$905,000
Premium/Discount to List
-$44,000
-4.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$660,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2006
Sold by
Lee Perry and Lee Patrick
Bought by
Smolin Stan and Smolin Elaine F
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
9247 Cedar St Llc -- None Listed On Document
Serrano Jannet $905,000 Provident Title Company
Smolin Stan $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serrano Jannet $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $905,000 -4.6% $295 / Sq Ft
05/23/2016 05/23/16 For Sale $949,000 -- $309 / 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 $14,689 $1,050,326 $580,292 $470,034
2024 $14,689 $1,029,732 $568,914 $460,818
2023 $12,549 $1,009,542 $557,759 $451,783
2022 $12,332 $989,748 $546,823 $442,925
2021 $12,084 $970,342 $536,101 $434,241
2020 $11,981 $960,393 $530,604 $429,789
2019 $11,778 $941,562 $520,200 $421,362
2018 $11,292 $923,100 $510,000 $413,100
2016 $11,674 $962,001 $579,465 $382,536
2015 $11,434 $947,551 $570,761 $376,790
2014 $11,292 $928,991 $559,581 $369,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16110158

California Regional Multiple Listing Service (CRMLS)

APN: 7162-009-030