NOT LISTED FOR SALE

Estimated Value: $432,552 - $468,000

4 Beds
2 Baths
1,796 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $415,000 $231 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,800/month

49 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Carpet

About This Home

As of April 2024

GREAT INVESTMENT PROPERTY to Build WEALTH! What a great multifamily property! It is a cash-flowing machine from day one. Enjoy immediate returns and a stable income stream. Long-Term Hold: Perfect for the investor seeking a stable asset for the long term. Benefit from consistent cash flow. The strong rental income from units enhances your purchasing power and offsets monthly expenses. Both tenants just receive rate increases. Lucrative Opportunity: Whether you're a seasoned investor or a buyer expanding their real estate portfolio, this property promises lucrative returns and a strategic move in your financial journey With recent light renovations, you can enjoy the benefits of a modern property with minimal upkeep. Owned Solar.

Last Agent to Sell the Property

Wayne Johnson Jr.

KW Vaca Valley License #01791202 Listed on: 02/05/2024

Last Buyer's Agent

Veronica Ramirez Alba

Homesmart Pv And Associates License #01939663

Homesmart Pv And Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 6,534 Sq Ft Lot
  • Rectangular Lot

Parking

  • Carport

Home Design

  • Duplex
  • Wood Shingle Exterior
  • Stucco

Flooring

  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • 1,796 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 037038044000

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Year Built: 1969
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Directions: Paradise Rd-Wade Ave-Rouse Ave-Roselawn
  • Carport Y N: Yes
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Regular
  • Construction Type: Stucco, Wood

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Space Per Unit - 1

Utilities

  • Heating: Wall Furnace
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6534
  • Parcel Number: 037038044000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Apr 19, 2024
Sold by
Beale Clayton
Bought by
Rodriguez Juan J and Rodriguez Luz M
Seller's Agent
Wayne Johnson Jr.
KW Vaca Valley
Buyer's Agent
Veronica Ramirez Alba
Homesmart Pv And Associates
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Views
253
Current Estimated Value
$446,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,851
Avg. Annual Appreciation
3.89%
Original Mortgage
$311,000
Outstanding Balance
$306,353
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$140,498

Purchase Details

Closed on
Nov 1, 2005
Sold by
Resh Ron and Reynolds Resh Valarie
Bought by
Beale Clayton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,120
Interest Rate
6.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rodriguez Juan J $415,000 Orange Coast Title
Beale Clayton $333,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Juan J $311,000
Previous Owner Beale Clayton $266,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $415,000 -- --
04/22/2024 04/22/24 Sold $415,000 -2.4% $231 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $425,000 -5.6% $237 / Sq Ft
02/05/2024 02/05/24 For Sale $450,000 -- $251 / Sq Ft
Source: Bay East Association of REALTORS®

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 $4,950 $423,300 $173,400 $249,900
2024 $4,597 $403,500 $170,000 $233,500
2023 $4,620 $403,500 $170,000 $233,500
2022 $3,897 $342,000 $170,000 $172,000
2021 $2,515 $230,000 $56,500 $173,500
2020 $2,157 $191,500 $47,000 $144,500
2019 $2,149 $191,500 $47,000 $144,500
2018 $1,989 $182,500 $45,000 $137,500
2017 $1,801 $166,000 $41,000 $125,000
2016 $1,639 $151,000 $37,500 $113,500
2015 $1,370 $126,000 $37,500 $88,500
2014 $1,228 $112,500 $37,500 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41049273

Bay East Association of REALTORS®

APN: 037-38-44

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