NOT LISTED FOR SALE

Estimated Value: $1,099,382 - $1,471,000

3 Beds
2 Baths
1,625 Sq Ft
$809/Sq Ft Est. Value

Last Sold January 10, 2013

Last sale price $570,000 $351 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $7,623/month

69 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window

About This Home

As of January 2013

2 HOUSES + BACHELOR UNIT; ALL IN GOOD CONDITION, BIG LOT W/WIDE FRONTAGE, NICE AREA. SINGLE UNIT HAS SEPARATE DRIVE WAY FOR EACH HOUSE. BLOCK WALL FENCES. GREAT HOME FOR INVESTORS OR TO LIVE IN ONE AND RENT THE OTHER ONE OUT. NEW INTERIOR, AND EXTERIOR PAINT.

Last Agent to Sell the Property

TAMMY HOANG

IRN REALTY License #01104534 Listed on: 08/25/2012

Last Buyer's Agent

TAMMY HOANG

IRN REALTY License #01104534 Listed on: 08/25/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.28 Acre Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,625 Sq Ft Home
  • Laminate Flooring

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 12598
  • Assessor Parcel Number 8573033033

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $7,854
  • Gross Income $3,900
  • Net Operating Income $29,226

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 8573033033
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 350.77

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Outside
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 12062.00
  • Lot Size Acres: 0.2770

Multi Family

  • Gross Income: 3900.00
  • Gross Scheduled Income: 39000.00
  • Lot Size Area: 12062.0000 Square Feet
  • Net Operating Income: 29226.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 9774.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7854.00
  • Tax Lot: 40
  • Tax Tract Number: 12598
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2012
Closed on
Dec 19, 2012
Sold by
Ngo Danny
Bought by
Wang Jen Chieh and Wang Chun Ping
Seller's Agent
TAMMY HOANG
IRN REALTY
Buyer's Agent
TAMMY HOANG
IRN REALTY
List Price
$613,000
Sold Price
$570,000
Premium/Discount to List
-$43,000
-7.01%
Current Estimated Value
$1,314,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,096
Avg. Annual Appreciation
6.65%
Original Mortgage
$390,000
Outstanding Balance
$268,930
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$1,045,166

Purchase Details

Closed on
Aug 10, 2004
Sold by
Lam Linda
Bought by
Ngo Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2004
Sold by
Tran Dinh Thai
Bought by
Ngo Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2002
Sold by
Tran Phuong Kim
Bought by
Tran Dinh Thai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.52%

Purchase Details

Closed on
Jul 6, 2002
Sold by
Ma Linh T and Ma Spencer
Bought by
Tran Dinh Thai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.52%

Purchase Details

Closed on
Feb 24, 1997
Sold by
Sam Angie
Bought by
Ma Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.74%

Purchase Details

Closed on
Jan 30, 1997
Sold by
Lau Stanley
Bought by
Ma Linh T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Jen Chieh $570,000 Ticor Title Co
Ngo Danny -- Ticor Title Company
Ngo Danny $546,000 Ticor Title Company
Tran Dinh Thai -- South Coast Title
Tran Dinh Thai $350,000 South Coast Title
Ma Spencer -- Title Land
Ma Linh T -- Title Land
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jen Chieh $390,000
Previous Owner Ngo Danny $352,000
Previous Owner Tran Dinh Thai $270,000
Previous Owner Ma Spencer $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2013 01/10/13 Sold $570,000 -7.0% $351 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
08/25/2012 08/25/12 For Sale $613,000 -- $377 / 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 $9,090 $701,901 $394,049 $307,852
2024 $9,090 $688,139 $386,323 $301,816
2023 $8,757 $674,648 $378,749 $295,899
2022 $8,485 $661,421 $371,323 $290,098
2021 $8,304 $648,453 $364,043 $284,410
2020 $8,275 $641,805 $360,311 $281,494
2019 $8,441 $629,222 $353,247 $275,975
2018 $8,204 $616,885 $346,321 $270,564
2016 $7,862 $592,932 $332,874 $260,058
2015 $7,781 $584,026 $327,874 $256,152
2014 $7,459 $572,587 $321,452 $251,135
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12106908

California Regional Multiple Listing Service (CRMLS)

APN: 8573-033-033