NOT LISTED FOR SALE

Estimated Value: $813,000 - $1,015,000

6 Beds
3 Baths
3,076 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $450,000 $146 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,348/month

15 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Fence is in good condition
  • 0.22 Acre Lot
  • Front Yard

About This Home

As of July 2014

Motivated seller has great opportunity for multiple family property!! Perfect for first time buyer or as investment. This is a Triplex consisting of a detached single family house (front) and additional Duplex in back. These are on a HUGE lot with ample off-street parking. Each unit has own laundry area and two parking spaces. Back duplex was built in 2007, front house upgraded at that time. All have newer kitchens, baths and ceramic tile flooring and are well cared for. Interior/exterior paint four years ago. Tenants pay own utilities except water. All units currently occupied with reliable tenants.

Last Agent to Sell the Property

Yvette Ortiz

Home Smart Realty Group License #01803438 Listed on: 05/15/2014

Last Buyer's Agent

Maria Sanchez

Blue Diamond Realty & Property Management License #01877041

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,629 Sq Ft Lot
  • 1 Common Wall
  • Fence is in good condition
  • Front Yard

Parking

  • 6 Parking Spaces

Home Design

  • 3,076 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 57
  • Tax Tract Number 2423
  • Assessor Parcel Number 6048004027

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $2,100
  • Insurance Expense $750
  • Trash Expense $122
  • Water Sewer Expense $55
  • New Taxes Expense $745
  • Gross Income $3,600
  • Net Operating Income $37,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 55.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 6048004027
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 146.29
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Good Condition
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Trash Expense: 122.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9629.00
  • Lot Size Acres: 0.2210

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average3 Bed Area: 1025
  • Electric Expense: 2100.00
  • Gross Income: 3600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 750.00
  • Lot Size Area: 9629.0000 Square Feet
  • Net Operating Income: 37200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 745.00
  • Tax Area: 460
  • Tax Lot: 57
  • Tax Tract Number: 2423
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2020
Sold by
Jimenez Alvaro M and Jimenez Maria Guadalupe
Bought by
Jimenez Alvaro M and Jimenez Maria Guadalupe
Current Estimated Value
$904,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,600
Outstanding Balance
$352,225
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$552,661

Purchase Details

Closed on
Feb 4, 2019
Sold by
Jimenez Alvaro M and Jimenez Alvaro
Bought by
Jimenez Alvaro M and Jimenez Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2014
Closed on
Jul 6, 2014
Sold by
Jimenez Maria Guadalupe
Bought by
Jimenez Alvaro M
Seller's Agent
Yvette Ortiz
Home Smart Realty Group
Buyer's Agent
Maria Sanchez
Blue Diamond Realty & Property Management
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$250,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2014
Closed on
Jun 20, 2014
Sold by
Romo Tomas and Tomas Romo Trust
Bought by
Jimenez Alvaro M
Seller's Agent
Yvette Ortiz
Home Smart Realty Group
Buyer's Agent
Maria Sanchez
Blue Diamond Realty & Property Management
List Price
$450,000
Sold Price
$450,000

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
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2011
Sold by
Romo Tomas
Bought by
Romo Tomas and The Tomas Romo Trust

Purchase Details

Closed on
Aug 12, 2010
Sold by
Aurora Loan Services Llc
Bought by
Romo Tomas

Purchase Details

Closed on
Oct 15, 2009
Sold by
Salgado Griselda
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 1, 2007
Sold by
Salgado Griselda
Bought by
Obeso Guadalupe and Tinoco Oralia

Purchase Details

Closed on
Mar 14, 2007
Sold by
Gamboa Maria E
Bought by
Gamboa Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2007
Sold by
Zepeda Esequiel and Gamboa Jorge
Bought by
Salgado Griselda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2006
Sold by
Gazep Inc
Bought by
Zepeda Esequiel and Gamboa Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2005
Sold by
Freeman Renee P and Green Eileen
Bought by
Gazep Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
5.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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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
Jimenez Alvaro M -- Stewart Title Company
Jimenez Alvaro M -- Stewart Title Company
Jimenez Alvaro M -- Ticor Title
Jimenez Alvaro M $450,000 Ticor Title
Romo Tomas -- None Available
Romo Tomas $237,000 Lsi Title Agency
Aurora Loan Services Llc $621,291 Accommodation
Obeso Guadalupe -- None Available
Gamboa Jorge -- Orange Coast Title
Zepeda Esequiel -- Orange Coast Title
Salgado Griselda $695,000 Orange Coast Title
Zepeda Esequiel -- None Available
Gazep Inc $300,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Alvaro M $397,600
Closed Jimenez Alvaro M $391,000
Closed Jimenez Alvaro M $250,000
Previous Owner Salgado Griselda $556,000
Previous Owner Gazep Inc $382,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2014 07/10/14 Sold $450,000 0.0% $146 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $450,000 -- $146 / 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 $7,446 $540,822 $360,551 $180,271
2024 $7,446 $530,219 $353,482 $176,737
2023 $7,315 $519,823 $346,551 $173,272
2022 $7,007 $509,631 $339,756 $169,875
2021 $6,910 $499,640 $333,095 $166,545
2020 $6,968 $494,518 $329,680 $164,838
2019 $6,718 $484,822 $323,216 $161,606
2018 $6,500 $475,317 $316,879 $158,438
2016 $6,192 $456,862 $304,575 $152,287
2015 $6,102 $450,000 $300,000 $150,000
2014 $3,773 $247,693 $104,512 $143,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14102271

California Regional Multiple Listing Service (CRMLS)

APN: 6048-004-027