NOT LISTED FOR SALE

Estimated Value: $900,000 - $1,356,000

4 Beds
2 Baths
1,800 Sq Ft
$584/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $775,000 $431 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,351/month

Highlights

  • Laundry Room
  • 1-Story Property
  • 1-minute walk to Liberty Park
  • Warner Middle Rated A-

About This Home

As of April 2021

In spite of public records, property is a duplex. Each unit is 2br 1ba, with w/d hookups inside Two single car garages are situated between the two living units. Each unit has a small private yard. Units are in good condition, driveway is badly cracked. Sold As-Is. Property is in a trust, trustees have limited knowledge about the property.

Last Agent to Sell the Property

Jeanine Davies

Keller Williams Coastal Prop. License #01705964 Listed on: 03/26/2021

Keller Williams Coastal Prop.

Last Buyer's Agent

Michelle Nguyen

HomeSmart, Evergreen Realty License #01768531

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 3 / F
  • Tax Tract Number 911
  • Assessor Parcel Number 09705319

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $744
  • Trash Expense $528
  • Water Sewer Expense $1,536
  • New Taxes Expense $9,700
  • Operating Expense $12,508
  • Gross Income $39,000
  • Net Operating Income $26,492

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1536.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 09705319
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 430.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 528.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 39000.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 744.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 26492.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 12508.00
  • Rent Control: Yes
  • Total Actual Rent: 3250.00
  • Total Expenses: 12508.00

Tax Info

  • New Taxes Expense: 9700.00
  • Tax Block: F
  • Tax Census Tract: 998.01
  • Tax Lot: 3
  • Tax Tract Number: 911

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 19, 2021
Sold by
Smith Wilbert Daniel
Bought by
Davies Jeanine
Seller's Agent
Jeanine Davies
Keller Williams Coastal Prop.
Buyer's Agent
Michelle Nguyen
HomeSmart, Evergreen Realty
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$1,051,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,534
Avg. Annual Appreciation
6.69%
Original Mortgage
$387,500
Outstanding Balance
$349,866
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$701,668

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 6, 2021
Sold by
Smith Russell E and Davies Jeanine
Bought by
Nguyen Andrew Hung Khanh and Nguyen Thuy Thu
Seller's Agent
Jeanine Davies
Keller Williams Coastal Prop.
Buyer's Agent
Michelle Nguyen
HomeSmart, Evergreen Realty
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Outstanding Balance
$349,866
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$701,668

Purchase Details

Closed on
Jun 12, 2001
Sold by
Brown Blaine Darrell
Bought by
Smith Wilbert D

Purchase Details

Closed on
Mar 1, 1997
Sold by
Debra Brown
Bought by
Brown Blaine Darrell

Purchase Details

Closed on
Oct 31, 1994
Sold by
Brown Blaine Darrell
Bought by
Brown Debra
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
Davies Jeanine -- --
Nguyen Andrew Hung Khanh $775,000 Wfg National Title
Smith Wilbert D $200,000 Orange Coast Title Company
Brown Blaine Darrell -- --
Brown Debra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Andrew Hung Khanh $387,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $775,000 0.0% $431 / Sq Ft
03/26/2021 03/26/21 For Sale $775,000 0.0% $431 / Sq Ft
03/25/2021 03/25/21 Off Market $775,000 -- --
03/20/2021 03/20/21 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 $10,291 $838,884 $737,254 $101,630
2024 $10,291 $822,436 $722,798 $99,638
2023 $9,944 $806,310 $708,625 $97,685
2022 $9,790 $790,500 $694,730 $95,770
2021 $4,777 $341,192 $226,614 $114,578
2020 $4,726 $337,694 $224,290 $113,404
2019 $4,681 $331,073 $219,892 $111,181
2018 $4,678 $324,582 $215,581 $109,001
2017 $4,523 $318,218 $211,354 $106,864
2016 $4,398 $311,979 $207,210 $104,769
2015 $4,331 $307,293 $204,097 $103,196
2014 $4,244 $301,274 $200,099 $101,175
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21057505

California Regional Multiple Listing Service (CRMLS)

APN: 097-053-19