NOT LISTED FOR SALE

9844 Walnut St Bellflower, CA 90706

Estimated Value: $1,049,000 - $1,265,645

6 Beds
4 Baths
2,866 Sq Ft
$407/Sq Ft Est. Value

Last Sold February 04, 2014

Last sale price $375,000 $131 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $6,637/month

3 Days on Market

About This Home

As of February 2014

This is a GREAT opportunity for you to invest or your client primary residential. This property offers 6 Bedrooms and 4 bathrooms in total. Two separate houses on a 10,159 Sq. Ft. lot size. Each house has 3 bedrooms and two baths. The property offers 5 car detached garages in the back of the lot. Excellent area of Bellflower and close to 605, 91 and 105 Fwy, close to shopping centers of Cerritos and Lakewood and a walking distance to Bellflower's down town. This is a fixer upper but your money could be secure on this investment. The property needs repairs on the roof for both houses, plumbing and electrical; therefore, this will NOT qualify for FHA financing. Send your CASH or conventional offers only.

Last Agent to Sell the Property

Saul Miranda

Amer Ex Realty Inc. Brokerage Phone: 562-753-1584 License #01432460 Listed on: 04/23/2013

Last Buyer's Agent

Saul Miranda

Amer Ex Realty Inc. Brokerage Phone: 562-753-1584 License #01432460 Listed on: 04/23/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,749

Year Built

  • Built in 1929

Lot Details

  • 10,159 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 2,866 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 394
  • Tax Tract Number 5542
  • Assessor Parcel Number 7109020008

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $948
  • Trash Expense $360
  • Water Sewer Expense $625
  • New Taxes Expense $4,750
  • Operating Expense $6,683
  • Gross Income $3,600
  • Net Operating Income $3,043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,749

Year Built

Built in 1929

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 625.00
  • Property Type: Residential Income
  • Parcel Number: 7109020008
  • Year Built: 1929
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 130.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10159.00
  • Lot Size Acres: 0.2330

Multi Family

  • Gross Income: 3600.00
  • Gross Scheduled Income: 3600.00
  • Insurance Expense: 948.00
  • Lot Size Area: 10159.0000 Square Feet
  • Net Operating Income: 3043.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 557.00
  • Rent Control: No
  • Total Expenses: 6683.00

Tax Info

  • New Taxes Expense: 4750.00
  • Tax Lot: 394
  • Tax Tract Number: 5542
  • Tax Annual Amount: 6749.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2016
Sold by
Tavakkoli Fariba
Bought by
Tavakkoli Mohamed and Tavakkoli Fariba
Current Estimated Value
$1,167,661

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jan 30, 2014
Sold by
Tavakkoli Mohamad
Bought by
Tavakkoli Fariba
Seller's Agent
Saul Miranda
Amer Ex Realty Inc.
Buyer's Agent
Saul Miranda
Amer Ex Realty Inc.
List Price
$379,900
Sold Price
$375,000
Premium/Discount to List
-$4,900
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
Jun 6, 2013
Sold by
Egal Abdullahi Farah
Bought by
Tavakkoli Fariba

Purchase Details

Closed on
Mar 14, 2005
Sold by
Yahye Abdirashid
Bought by
Egal Abdullahi Farah

Purchase Details

Closed on
Feb 11, 2005
Sold by
Egal Abdullahi Farah and Yahye Abdirashid
Bought by
Egal Abdullahi Farah

Purchase Details

Closed on
Nov 7, 2003
Sold by
Straus Mark H
Bought by
Malin Yusuf and Yahye Abdirashid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,960
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Tavakkoli Mohamed -- None Available
Tavakkoli Fariba -- First American Title
Tavakkoli Fariba $390,000 First American Title
Egal Abdullahi Farah -- --
Egal Abdullahi Farah -- Investors Title Company
Malin Yusuf $500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malin Yusuf $399,960
Closed Malin Yusuf $74,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2014 02/04/14 Sold $375,000 -1.3% $131 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $379,900 -5.0% $133 / Sq Ft
01/31/2013 01/31/13 Sold $400,000 +2.6% $140 / Sq Ft View Prior Sale
12/26/2012 12/26/12 Pending -- -- --
12/06/2012 12/06/12 For Sale $389,999 -- $136 / 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 $6,154 $478,079 $334,657 $143,422
2024 $6,154 $468,706 $328,096 $140,610
2023 $5,919 $459,516 $321,663 $137,853
2022 $5,815 $450,506 $315,356 $135,150
2021 $5,689 $441,673 $309,173 $132,500
2020 $5,639 $437,145 $306,003 $131,142
2019 $5,545 $428,574 $300,003 $128,571
2018 $5,275 $420,171 $294,121 $126,050
2016 $5,046 $403,856 $282,700 $121,156
2015 $4,945 $397,791 $278,454 $119,337
2014 $7,345 $614,021 $260,958 $353,063
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13075252

California Regional Multiple Listing Service (CRMLS)

APN: 7109-020-008