NOT LISTED FOR SALE

Estimated Value: $874,000 - $939,000

4 Beds
2 Baths
2,175 Sq Ft
$415/Sq Ft Est. Value

Last Sold July 05, 2013

Last sale price $405,000 $186 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $5,305/month

30 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 4 Car Garage
  • Balcony
  • Central Air
  • Wrought Iron Fence

About This Home

As of July 2013

Two excellent newer units. One of them was built in 2009 while the front unit was completely remodeled that same year. Each units has it's own TWO CAR GARAGE. No expense was spared in building and remodeling these units. Fully rented and very easy to manage. Very low water bills, quite are with NO RENT CONTROL. This is a regular sale.

DO NOT DISTURB TENANTS PLEASE. DO NOT DISTURB TENANTS PLEASE

Last Agent to Sell the Property

Cesar Arias

Del Sol Investment Group License #01019386 Listed on: 05/16/2013

Last Buyer's Agent

Julie Swift

HomeSmart, Evergreen Realty License #00612481

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2009

Lot Details

  • 5,600 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Property Attached
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,175 Sq Ft Home
  • Double Pane Windows
  • Living Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, repairs
  • Tax Lot 191
  • Tax Tract Number 4476
  • Assessor Parcel Number 4013013032

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,300
  • Water Sewer Expense $70
  • New Taxes Expense $5,987
  • Gross Income $40,800
  • Net Operating Income $40,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2009

Lot Details

5,600 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 70.00
  • Zoning: r2
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 4013013032
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 186.21
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Spanish Tile
  • Construction Materials: Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5600.00
  • Lot Size Acres: 0.1290

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Repairs

Multi Family

  • Average2 Bed Area: 950
  • Gross Income: 40800.00
  • Gross Multiplier: 11.74
  • Gross Scheduled Income: 40800.00
  • Gross Spendable Income: 40800.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 5600.0000 Square Feet
  • Net Operating Income: 40800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 40800.00
  • Rent Control: No
  • Total Actual Rent: 2700.00

Tax Info

  • New Taxes Expense: 5987.00
  • Tax Lot: 191
  • Tax Tract Number: 4476
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Jun 21, 2013
Sold by
Torres Armando
Bought by
Weisenburger Michael and Weisenburger Maria
Seller's Agent
Cesar Arias
Del Sol Investment Group
Buyer's Agent
Julie Swift
HomeSmart, Evergreen Realty
List Price
$479,000
Sold Price
$405,000
Premium/Discount to List
-$74,000
-15.45%
Current Estimated Value
$903,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,330
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
Jul 25, 2011
Sold by
Arias Cesar and Gonzalez Martha
Bought by
Torres Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2011
Sold by
Torres Georgina
Bought by
Torres Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2009
Sold by
Gonzalez Martha
Bought by
Arias Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2008
Sold by
Ramirez Ivan
Bought by
Gonzalez Martha

Purchase Details

Closed on
Sep 8, 2006
Sold by
Young Juanita and Dugan Charles E
Bought by
Ramirez Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.43%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 5, 2004
Sold by
Young Juanita
Bought by
Young Juanita
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
Weisenburger Michael $405,000 North American Title Company
Torres Armando $285,000 Chicago Title Co
Torres Armando -- Chicago Title Co
Arias Cesar -- Accommodation
Gonzalez Martha $280,000 Chicago Title Company
Ramirez Ivan $415,000 Fidelity National Title Co
Young Juanita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Armando $213,750
Previous Owner Arias Cesar $130,000
Previous Owner Ramirez Ivan $83,000
Previous Owner Ramirez Ivan $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2013 07/05/13 Sold $405,000 -15.4% $186 / Sq Ft
06/15/2013 06/15/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $479,000 -- $220 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,644 $496,463 $392,269 $104,194
2024 $6,644 $486,729 $384,578 $102,151
2023 $6,577 $477,187 $377,038 $100,149
2022 $6,697 $467,832 $369,646 $98,186
2021 $6,629 $458,660 $362,399 $96,261
2019 $6,235 $445,057 $351,651 $93,406
2018 $6,161 $436,331 $344,756 $91,575
2016 $5,828 $419,390 $331,370 $88,020
2015 $5,777 $413,091 $326,393 $86,698
2014 $5,774 $405,000 $320,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13091649

California Regional Multiple Listing Service (CRMLS)

APN: 4013-013-032

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