NOT LISTED FOR SALE

Estimated Value: $726,390 - $917,000

6 Beds
2 Baths
2,076 Sq Ft
$387/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $545,000 $263 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,839/month

56 Days on Market

About This Home

As of November 2019

TWO WELL MAINTAINED UNITS. BRING YOUR PICKY INVESTORS. CLOSE TO FREEWAYS, SHOPPING AND SCHOOLS. ROOF IS APPROXIMATELY 4 YEARS OLD, ONE UNIT WAS COMPLETELY REMODELED A FEW YEARS AGO THE OTHER HAS BEEN SEMI REMODELED. YOU WILL HAVE VERY LITTLE MAINTENANCE ON THESE UNITS. COME AND SEE THEM, YOU WILL LOVE THEM.

Last Agent to Sell the Property

DANIEL IBARRA

EXCELLENCE EMPIRE REAL ESTATE License #01398191 Listed on: 08/16/2019

Last Buyer's Agent

Jeong Yun Seo

Choice 100 Realty, Inc. License #02002677

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,502

Year Built

  • Built in 1994

Lot Details

  • 4,352 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • 2,076 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 279
  • Tax Tract Number 7137
  • Assessor Parcel Number 6072025032

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $600
  • Water Sewer Expense $3,600
  • New Taxes Expense $3,159
  • Operating Expense $9,159
  • Gross Income $3,300
  • Net Operating Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,502

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6072025032
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 262.52

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4352.00
  • Lot Size Acres: 0.0999

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 4352.0000 Square Feet
  • Net Operating Income: 3600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3600.00
  • Rent Control: Yes
  • Total Expenses: 9159.00

Tax Info

  • New Taxes Expense: 3159.00
  • Tax Census Tract: 2409.00
  • Tax Lot: 279
  • Tax Tract Number: 7137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 16, 2019
Sold by
Hernandez Jose Luis
Bought by
Ball Roy E
Seller's Agent
DANIEL IBARRA
EXCELLENCE EMPIRE REAL ESTATE
Buyer's Agent
Jeong Yun Seo
Choice 100 Realty, Inc.
List Price
$569,999
Sold Price
$545,000
Premium/Discount to List
-$24,999
-4.39%
Current Estimated Value
$803,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,598
Avg. Annual Appreciation
6.70%
Original Mortgage
$817,500
Interest Rate
3.95%

Purchase Details

Closed on
Aug 21, 2000
Sold by
Hud
Bought by
Hernandez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,630
Interest Rate
9.5%

Purchase Details

Closed on
Mar 23, 2000
Sold by
Chase Manhattan Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Aug 3, 1998
Sold by
Gonzalez Alfredo and Alvarez Ana
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Mar 19, 1998
Sold by
Gonzalez Alfredo and Gonzalez Mariflor Ana
Bought by
Transcontinental Trading & Financial Cor

Purchase Details

Closed on
Jun 7, 1995
Sold by
Mead Housing Assistance Foundation Inc
Bought by
Gonzalez Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,555
Interest Rate
7.88%
Mortgage Type
FHA
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
Ball Roy E $545,000 Wfg National Title Company
Hernandez Jose Luis $171,000 United Title Company
Hud -- Fidelity National Title Ins
Chase Manhattan Mtg Corp $199,109 Fidelity National Title Ins
Transcontinental Trading & Financial Cor -- --
Gonzalez Alfredo $192,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ball Roy E $817,500
Previous Owner Hernandez Jose Luis $153,630
Previous Owner Gonzalez Alfredo $186,555
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Sold $545,000 -4.4% $263 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $569,999 0.0% $275 / Sq Ft
05/26/2016 05/26/16 Rented $1,700 +0.3% --
04/08/2016 04/08/16 For Rent $1,695 -- --
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 $7,502 $596,033 $328,093 $267,940
2024 $7,502 $584,347 $321,660 $262,687
2023 $7,359 $572,890 $315,353 $257,537
2022 $7,026 $561,658 $309,170 $252,488
2021 $6,932 $550,646 $303,108 $247,538
2019 $3,245 $230,972 $135,072 $95,900
2018 $3,159 $226,444 $132,424 $94,020
2016 $2,997 $217,653 $127,283 $90,370
2015 $2,953 $214,385 $125,372 $89,013
2014 $2,968 $210,187 $122,917 $87,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19196576

California Regional Multiple Listing Service (CRMLS)

APN: 6072-025-032