NOT LISTED FOR SALE

Estimated Value: $688,000 - $758,000

6 Beds
4 Baths
1,892 Sq Ft
$383/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $400,000 $211 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,298/month

11 Days on Market

Highlights

  • Cooling Available
  • Level Lot
  • Gas Fireplace
  • Laundry Room
  • Heating Available
  • 3-minute walk to Garfield Park

About This Home

As of May 2017

Investors-Here it is! Live in one and rent the others. Unique and Lovely duplex. Needs Repairs. Duplex with 2 additional 1bd/1ba attached to the back of each unit. Buyer to verify all permits and satisfy themselves to condition of property.

Last Agent to Sell the Property

Miriam Rey

Better Homes and Gardens Real Estate Champions License #01243628 Listed on: 03/27/2017

Better Homes and Gardens Real Estate Champions

Last Buyer's Agent

Steven Padilla

Century 21 A Better Service License #00957274

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,741 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard Sprinklers

Home Design

  • Property Attached

Interior Spaces

  • 1,892 Sq Ft Home
  • Gas Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • 1 Carport Space

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 29 / 3007
  • Tax Tract Number 402702
  • Assessor Parcel Number 8326002023

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $1,800
  • Gardener Expense $420
  • Insurance Expense $1,300
  • Trash Expense $300
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,025
  • Operating Expense $8,645
  • Net Operating Income $2,400

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: POR2*
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 8326002023
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Gas
  • Levels: One
  • Price Per Square Foot: 211.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Inside, Outside
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Sprinklers In Front
  • Lot Size Sq Ft: 6741.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1800.00
  • Gross Scheduled Income: 3000.00
  • Insurance Expense: 1300.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 2400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 600.00
  • Other Income Description: coin operated washer/dryer
  • Rent Control: No
  • Total Expenses: 8645.00

Tax Info

  • New Taxes Expense: 3025.00
  • Tax Block: 3007
  • Tax Census Tract: 4027.02
  • Tax Lot: 29
  • Tax Tract Number: 402702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Apr 17, 2017
Sold by
Vega Maria A
Bought by
Jiang Andy Xiaodong and Cao Wei
Seller's Agent
Miriam Rey
Better Homes and Gardens Real Estate Champions
Buyer's Agent
Steven Padilla
Century 21 A Better Service
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$724,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,867
Avg. Annual Appreciation
7.11%
Original Mortgage
$280,000
Outstanding Balance
$231,997
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$492,870

Purchase Details

Closed on
Jan 7, 2003
Sold by
Vega Arnold
Bought by
Vega Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.89%
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
Jiang Andy Xiaodong $400,000 First American Title Company
Vega Maria A -- Diversified Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Andy Xiaodong $280,000
Previous Owner Vega Maria A $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $400,000 0.0% $211 / Sq Ft
03/27/2017 03/27/17 For Sale $400,000 -- $211 / 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 $5,997 $464,228 $255,326 $208,902
2024 $5,997 $455,126 $250,320 $204,806
2023 $5,879 $446,203 $245,412 $200,791
2022 $5,787 $437,454 $240,600 $196,854
2021 $5,653 $428,878 $235,883 $192,995
2020 $5,634 $424,482 $233,465 $191,017
2019 $5,775 $416,160 $228,888 $187,272
2018 $5,290 $408,000 $224,400 $183,600
2016 $3,024 $233,730 $58,198 $175,532
2015 $2,998 $230,220 $57,324 $172,896
2014 $2,985 $225,712 $56,202 $169,510
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG17065896

California Regional Multiple Listing Service (CRMLS)

APN: 8326-002-023