NOT LISTED FOR SALE

Estimated Value: $1,265,000 - $1,760,572

5 Beds
4 Baths
3,433 Sq Ft
$461/Sq Ft Est. Value

Last Sold June 05, 2013

Last sale price $715,000 $208 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $9,743/month

50 Days on Market

Highlights

  • City Lights View
  • Spanish Architecture
  • Living Room
  • Eagle Rock High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of June 2013

Stellar 2 unit property is being sold in move in ready condition and is priced for an immediate sale. Sitting on approximately 8333 sq ft lot the property’s front unit home 6009 Springvale Dr, which is approximately 2529 sq ft with 3 bedroom + 3 bathroom, is a beautiful Spanish Style home has been remodeled with brand new exterior and interior paint, brand new designer floor tiles and brand new plush carpeting. The kitchen has been completely replaced with brand new wood cabinets, granite counter tops and new kitchen fixtures. The master bathroom has also been redesigned with new tile enclosures and brand new vanities and bath fixtures. The front unit’s upstairs bedroom comes with its own living area, dining area and bathroom. The upstairs bedroom can easily be converted to a 3rd rental unit since plumbing for a 3rd kitchen is easily accessible. The 2nd home which is 6007 Springvale Dr, is approximately 904 sq ft home that comes with 2 bedrooms + 1 bath, and has also been completely remodeled with brand new kitchen with wood cabinetry and granite counter tops. Both properties have indoor laundry facility, 2 car garage (total of 4), and balcony/patio area with great views of the city.

Last Listed By

Polly Watts

Sundae Homes License #00895696 Listed on: 02/28/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,885

Year Built

  • Built in 1982

Lot Details

  • 8,333 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Gentle Sloping Lot

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Mountain
  • Hills

Home Design

  • Spanish Architecture
  • Clay Roof
  • Stucco

Interior Spaces

  • 3,433 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 50
  • Assessor Parcel Number 5486007013

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
  • Gross Income $3,500
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,885

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Number: 860-640-3040
  • Property Attached: No
  • View: Yes
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5486007013
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 208.27
  • Room Type: Family Room, Living Room

Exterior Features

  • View: City Lights, Hills, Mountain(s)
  • Fencing: Wood
  • Pool Private: No
  • Roof: Clay
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Gentle Sloping
  • Lot Size Sq Ft: 8333.00
  • Lot Size Acres: 0.1910

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 3500.00
  • Gross Scheduled Income: 42000.00
  • Lot Size Area: 8333.0000 Square Feet
  • Net Operating Income: 42000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 50
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2013
Closed on
May 16, 2013
Sold by
West Ridge Rentals Llc
Bought by
Choi Michael and Choi Yu Rhi
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Sookie Huskey
High Ten Partners, Inc.
List Price
$749,900
Sold Price
$715,000
Premium/Discount to List
-$34,900
-4.65%
Total Days on Market
50
Current Estimated Value
$1,583,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$868,143
Avg. Annual Appreciation
7.02%
Original Mortgage
$320,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2012
Sold by
Marek Keith W and Marek Lorraine J
Bought by
West Ridge Rentals Llc

Purchase Details

Closed on
Dec 3, 2010
Sold by
Marek Keith Warren
Bought by
Marek Roxane R

Purchase Details

Closed on
Aug 5, 2008
Sold by
Marek Keith W and Marek Lorraine J
Bought by
The Marek Family Trust

Purchase Details

Closed on
Mar 14, 2003
Sold by
Marek Keith W and Marek Lorraine J
Bought by
Marek Keith W and Marek Lorraine J

Range of Values:

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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
Choi Michael $715,000 Fidelity National Title Co
West Ridge Rentals Llc $370,800 Fidelity National Title Co
The Marek Family Trust -- None Available
Marek Keith W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Yu Rhi $650,000
Closed Choi Michael $320,000
Previous Owner West Ridge Rentals Llc $430,000
Previous Owner Marek Keith W $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2013 06/05/13 Sold $715,000 -4.7% $208 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $749,900 -- $218 / 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
2024 $10,885 $863,197 $561,381 $301,816
2023 $10,679 $846,273 $550,374 $295,899
2022 $10,191 $829,681 $539,583 $290,098
2021 $10,054 $813,413 $529,003 $284,410
2020 $10,152 $805,073 $523,579 $281,494
2019 $9,759 $789,288 $513,313 $275,975
2018 $9,618 $773,813 $503,249 $270,564
2016 $9,173 $743,766 $483,708 $260,058
2015 $9,041 $732,595 $476,443 $256,152
2014 $9,078 $718,246 $467,111 $251,135
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13033226

California Regional Multiple Listing Service (CRMLS)

APN: 5486-007-013