NOT LISTED FOR SALE

Estimated Value: $665,402

2 Beds
1 Bath
790 Sq Ft
$842/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2023

Last sale price $565,000 $715 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,308 / mo

112 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Quartz Countertops
  • Updated Kitchen
  • Main Floor Bedroom
  • No HOA

About This Home

As of April 2023

Welcome to City of Terrace. ELA. Attention first time buyers and investors come and check this unique two
bedroom home with an additional bonus utility room that could be used as an office or bedroom. This
home has been fully remodeled; it has new windows, new roof, brand new kitchen with quarts counter
tops, new cabinets, all new Samsun appliances, and new bathroom. This property consists of a large
buildable lot, zoned LCR2, ideal to build an ADU. Adjacent neighbor in the process of building a brand-new home. Back on the market, buyer did not perform.

Last Agent to Sell the Property

Moises Martinez

REALTY MASTERS & ASSOCIATES, INC. License #00837282 Listed on: 12/14/2022

REALTY MASTERS & ASSOCIATES, INC.

Last Buyer's Agent

Ruben Martinez

Intero Real Estate Services License #02014346

Intero Real Estate Services
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 4,890 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Stucco Fence
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 790 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Auto Driveway Gate
  • Driveway

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 117
  • Tax Tract Number 6269
  • Assessor Parcel Number 5227024010

Home Details

Home Type

Single Family

Year Built

Built in 1923 | Remodeled

Lot Details

4,890 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5227024010
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 790.00 Square Feet
  • Interior Amenities: Quartz Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 715.19
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Foundation: Raised
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Block, Chain Link, Stucco Wall
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 4890.00
  • Lot Size Acres: 0.1123

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4890.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 117
  • Tax Tract Number: 6269

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Mar 10, 2023
Sold by
Bought by
Seller's Agent
Moises Martinez
REALTY MASTERS & ASSOCIATES, INC.
Buyer's Agent
Ruben Martinez
Intero Real Estate Services
List Price
$545,000
Sold Price
$565,000
Premium/Discount to List
$20,000
3.67%
Views
180
Current Estimated Value
$665,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,402
Avg. Annual Appreciation
5.13%
Original Mortgage
$554,766
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 18, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.22%

Purchase Details

Closed on
Apr 26, 2001
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2001
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,141
Interest Rate
8.67%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.95%

Purchase Details

Closed on
Nov 24, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 14, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 1994
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$565,000 Wfg National Title
-- None Listed On Document
$350,000 Stewart Title Of California In
-- None Available
-- First American Title Company
$75,000 First American Title Company
-- First American Title Company
$35,000 First American Title Company
$172,500 Accommodation
$87,500 Fidelity Title
-- Landsafe Title
$111,646 Landsafe Title
$105,000 --
-- Benefit Land Title
-- Landsafe Title
$42,090 Landsafe Title
-- First Southwestern Title
$69,000 Lawyers Title Company
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $554,766
Previous Owner $250,000
Previous Owner $93,800
Previous Owner $224,000
Previous Owner $30,000
Previous Owner $175,400
Previous Owner $155,000
Previous Owner $110,500
Previous Owner $20,000
Previous Owner $99,000
Previous Owner $104,141
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $565,000 +3.7% $715 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $545,000 0.0% $690 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $545,000 -3.5% $690 / Sq Ft
02/10/2023 02/10/23 Off Market $565,000 -- --
02/10/2023 02/10/23 For Sale $545,000 -3.5% $690 / Sq Ft
02/09/2023 02/09/23 Off Market $565,000 -- --
02/09/2023 02/09/23 For Sale $545,000 -3.5% $690 / Sq Ft
02/01/2023 02/01/23 Off Market $565,000 -- --
01/29/2023 01/29/23 Price Changed $545,000 -2.5% $690 / Sq Ft
12/14/2022 12/14/22 For Sale $559,000 -- $708 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,726 $587,826 $379,746 $208,080
2024 $7,572 $576,300 $372,300 $204,000
2023 $7,334 $532,440 $408,000 $124,440
2022 $2,940 $169,062 $84,531 $84,531
2021 $2,905 $165,748 $82,874 $82,874
2020 $2,920 $164,050 $82,025 $82,025
2019 $2,831 $160,834 $80,417 $80,417
2018 $2,796 $157,682 $78,841 $78,841
2016 $2,687 $151,562 $75,781 $75,781
2015 $2,651 $149,286 $74,643 $74,643
2014 $2,658 $146,362 $73,181 $73,181
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB22255882

California Regional Multiple Listing Service (CRMLS)

APN: 5227-024-010

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