NOT LISTED FOR SALE

9561 Artesia Blvd Bellflower, CA 90706

Estimated Value: $1,257,871

6 Beds
5 Baths
3,368 Sq Ft
$373/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $670,000 $199 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $7,515/month

180 Days on Market

About This Home

As of December 2014

Great property total 8 units, 3 commercial, 4 trailers and a 2 bedroom apartment upstairs. Good for owner or investment.

Last Agent to Sell the Property

Katiana Cadena

RE/MAX College Park Realty License #01356350 Listed on: 12/06/2014

RE/MAX College Park Realty

Last Buyer's Agent

Seyed Miri

Beverlywood Estates License #01823564

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,013

Year Built

  • Built in 1938

Lot Details

  • 0.32 Acre Lot
  • No Common Walls
  • Level Lot

Parking

  • 10 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 3,368 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 110
  • Tax Tract Number 5544
  • Assessor Parcel Number 7161002022

Community Details

Overview

  • 6 Buildings
  • 8 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $300
  • Insurance Expense $1,500
  • Maintenance Expense $2,500
  • Trash Expense $1,332
  • Water Sewer Expense $1,200
  • New Taxes Expense $10,000
  • Operating Expense $20,817
  • Gross Income $6,475
  • Net Operating Income $71,208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,013

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 7161002022
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 198.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1332.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 13837.00
  • Lot Size Acres: 0.3180

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 6475.00
  • Gross Scheduled Income: 77700.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 13837.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 71208.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 8
  • Operating Expense: 6492.00
  • Rent Control: No
  • Total Expenses: 20817.00
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Lot: 110
  • Tax Tract Number: 5544
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2014
Closed on
Nov 12, 2014
Sold by
Brown Wayne Livingston and Macri Joseph
Bought by
Miri Seyed M and Naserabadi Farnoosh
Seller's Agent
Katiana Cadena
RE/MAX College Park Realty
Buyer's Agent
Seyed Miri
Beverlywood Estates
List Price
$759,900
Sold Price
$670,000
Premium/Discount to List
-$89,900
-11.83%
Current Estimated Value
$1,257,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,871
Avg. Annual Appreciation
5.92%
Original Mortgage
$367,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2008
Sold by
Macri Catherine E and Matesowicz Donna L
Bought by
Macri Catherine E and Matesowicz Donna L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Miri Seyed M $670,000 Lawyers Title
Macri Catherine E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miri Seyed M $367,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2014 12/30/14 Sold $670,000 -11.8% $199 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $759,900 -- $226 / 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 $11,013 $805,231 $576,884 $228,347
2024 $11,013 $789,443 $565,573 $223,870
2023 $10,603 $773,965 $554,484 $219,481
2022 $10,416 $758,790 $543,612 $215,178
2021 $10,199 $743,912 $532,953 $210,959
2020 $10,118 $736,285 $527,489 $208,796
2019 $9,952 $721,849 $517,147 $204,702
2018 $9,446 $707,696 $507,007 $200,689
2016 $9,054 $680,217 $487,320 $192,897
2015 $8,863 $670,000 $480,000 $190,000
2014 $10,051 $776,679 $488,627 $288,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14046931

California Regional Multiple Listing Service (CRMLS)

APN: 7161-002-022