NOT LISTED FOR SALE

9429 Cedar St Bellflower, CA 90706

Estimated Value: $1,579,877 - $1,959,000

5 Beds
3 Baths
4,354 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $600,000 $138 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $9,619/month

About This Home

As of May 2012

INCREDIBLE OPPORTUNITY! 4 UNITS IN BELLFLOWER. QUITE STREET,
4PLX 3- 2BD/1BTH, 1-3BD/2BTH & 3 CAR GARAGE

Last Agent to Sell the Property

Jasmine Hasmik Tekeian

No Firm Affiliation License #01065437 Listed on: 11/21/2011

Last Buyer's Agent

Richard Moushel

Reliant Realty, Inc. License #01351943

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,906

Year Built

  • Built in 1957

Lot Details

  • 0.45 Acre Lot

Parking

  • 4 Car Garage

Home Design

  • 4,354 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 223
  • Tax Tract Number 1
  • Assessor Parcel Number 7161011032

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,350
  • Trash Expense $710
  • Water Sewer Expense $1,000
  • New Taxes Expense $9,632
  • Gross Income $52,000
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,906

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Water Sewer Expenses: 1000.00
  • Property Type: Residential Income
  • Parcel Number: 7161011032
  • Year Built: 1957
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 137.80

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • Trash Expense: 710.00

Lot Info

  • Lot Size Sq Ft: 19550.00
  • Lot Size Acres: 0.4500

Multi Family

  • Gross Income: 52000.00
  • Gross Scheduled Income: 52000.00
  • Insurance Expense: 1350.00
  • Lot Size Area: 19550.0000 Square Feet
  • Net Operating Income: 42000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 10000.00
  • Rent Control: No
  • Total Actual Rent: 5350.00

Tax Info

  • New Taxes Expense: 9632.00
  • Taxes Percent: 29.05
  • Tax Lot: 223
  • Tax Tract Number: 1
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2012
Sold by
Gonzales Robert and Gonzales Irma
Bought by
Hurtado Rafael and Hurtado Paula
Current Estimated Value
$1,676,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2006
Sold by
Mcgrew James and Mcgrew Allison
Bought by
Gonzales Robert and Gonzales Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
8.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 13, 2003
Sold by
Kemp Margot Frances
Bought by
Mcgrew James and Mcgrew Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2001
Sold by
Kemp Margot France
Bought by
Kemp Richard and Kemp Margot Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
7.21%

Purchase Details

Closed on
Nov 19, 1997
Sold by
Kemp Richard M
Bought by
Margot Kemp Margot Frances and Margot Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.16%

Purchase Details

Closed on
Aug 12, 1997
Sold by
Kemp Richard M
Bought by
Frances Margot and Kemp Richard M

Purchase Details

Closed on
Mar 27, 1996
Sold by
Kemp Richard Marvin
Bought by
Kemp Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.34%

Purchase Details

Closed on
Apr 18, 1994
Sold by
Kemp Lisa A
Bought by
Kemp Richard M

Purchase Details

Closed on
Sep 28, 1993
Sold by
Willard Jodie A and Kemp Jodie Ann
Bought by
Kemp Richard Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.49%

Purchase Details

Closed on
Sep 27, 1993
Sold by
Willard Jodie A and Kemp Jodie Ann
Bought by
Kemp Richard Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hurtado Rafael $600,000 Calcounties Title Nation
Gonzales Robert $1,100,000 Security Union Title Insuran
Mcgrew James $750,000 Fidelity National Title
Kemp Richard -- Chicago Title Co
Margot Kemp Margot Frances -- Old Republic Title
Frances Margot -- Old Republic Title
Kemp Richard M -- California Counties Title Co
Kemp Richard M -- Fidelity National Title
Kemp Richard Marvin $125,000 Fidelity National Title
Kemp Richard Marvin $125,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hurtado Rafael $450,000
Previous Owner Gonzales Robert $770,000
Previous Owner Mcgrew James $552,000
Previous Owner Kemp Richard $287,000
Previous Owner Margot Kemp Margot Frances $240,000
Previous Owner Kemp Richard M $180,000
Previous Owner Kemp Richard Marvin $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold $600,000 -- $138 / Sq Ft
11/21/2011 11/21/11 Pending -- -- --
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 $9,906 $753,621 $527,537 $226,084
2024 $9,906 $738,845 $517,194 $221,651
2023 $9,535 $724,358 $507,053 $217,305
2022 $9,372 $710,156 $497,111 $213,045
2021 $9,174 $696,232 $487,364 $208,868
2020 $9,097 $689,094 $482,367 $206,727
2019 $8,948 $675,583 $472,909 $202,674
2018 $8,475 $662,337 $463,637 $198,700
2016 $8,117 $636,620 $445,635 $190,985
2015 $7,954 $627,059 $438,942 $188,117
2014 $7,867 $614,777 $430,344 $184,433
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jasmine Hasmik Tekeian

    No Firm Affiliation

  • R

    Buyer's Agent in 2012

    Richard Moushel

    Reliant Realty, Inc.

    (818) 794-9111

    10 Total Sales

    Richard Moushel
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11052083

California Regional Multiple Listing Service (CRMLS)

APN: 7161-011-032

California Los Angeles County Bellflower 90706

9429 Cedar St, Bellflower, CA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes