NOT LISTED FOR SALE

Estimated Value: $587,159 - $678,000

2 Beds
2 Baths
2,085 Sq Ft
$307/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $165,000 $79 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $4,029/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Carpet
  • Wall Furnace
  • Evaporated cooling system

About This Home

As of March 2012

PROPERTY HAS 4 UNITS SUITABLE FOR INVESTORS,RENTS WILL PAY FOR UNITS, LOCATED WITHIN WALKING DISTANCE TO RESTAURANTS,AND SHOPPING CENTER,EACH UNIT HAS 1 BEDROOM,1 BATH.KITCHEN AND LIVING ROOM.PLENTY OF PARKING FOR TENANTS .

Last Agent to Sell the Property

John Villarreal

RE/MAX ADVANTAGE License #01310154 Listed on: 01/02/2012

RE/MAX ADVANTAGE

Last Buyer's Agent

Aaron Aldama

RE/MAX Estate Properties License #01711279

RE/MAX Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,765

Year Built

  • Built in 1949

Lot Details

  • 0.29 Acre Lot

Home Design

  • Colonial Architecture
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,085 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 14
  • Tax Tract Number 2277
  • Assessor Parcel Number 0278032720000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $500
  • Water Sewer Expense $600
  • New Taxes Expense $1,075
  • Operating Expense $3,175
  • Gross Income $2,150
  • Net Operating Income $1,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,765

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 600.00
  • Architectural Style: Colonial
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 0278032720000
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Price Per Square Foot: 79.14

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Trash Expense: 500.00
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 12650.00
  • Lot Size Acres: 0.2900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2150.00
  • Gross Scheduled Income: 2150.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 12650.0000 Square Feet
  • Net Operating Income: 1934.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Operating Expense: 216.00
  • Rent Control: No
  • Total Actual Rent: 2150.00
  • Total Expenses: 3175.00

Tax Info

  • New Taxes Expense: 1075.00
  • Tax Lot: 14
  • Tax Tract Number: 2277
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
Martinez Andres
Bought by
Martinez Ana
Current Estimated Value
$641,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$360,176
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$266,695

Purchase Details

Closed on
Jan 13, 2012
Sold by
Ramirez Javier J and Ramirez Gabriela
Bought by
Marin Alex Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,817
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2006
Sold by
Ramirez Javier J and Ramirez Gabriela
Bought by
Ramirez Javier J and Ramirez Gabriela

Purchase Details

Closed on
Feb 17, 2003
Sold by
Lyon Shirley Y and Hung Min Ching
Bought by
Ramirez Javier J and Ramirez Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Martinez Ana -- Chicago Title
Marin Alex Alberto $165,000 Fidelity National Title
Ramirez Javier J -- None Available
Ramirez Javier J $262,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ana $382,500
Previous Owner Marin Alex Alberto $160,817
Previous Owner Ramirez Gabriela $100,000
Previous Owner Ramirez Javier J $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2012 03/19/12 Sold $165,000 -5.7% $79 / Sq Ft
01/05/2012 01/05/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $175,000 -- $84 / 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 $6,765 $541,216 $143,263 $397,953
2024 $6,765 $530,604 $140,454 $390,150
2023 $7,417 $520,200 $137,700 $382,500
2022 $2,550 $195,296 $59,181 $136,115
2021 $2,551 $191,467 $58,021 $133,446
2020 $2,555 $189,504 $57,426 $132,078
2019 $2,480 $185,788 $56,300 $129,488
2018 $2,450 $182,145 $55,196 $126,949
2017 $2,567 $178,574 $54,114 $124,460
2016 $2,300 $175,073 $53,053 $122,020
2015 $2,191 $172,443 $52,256 $120,187
2014 $2,129 $169,065 $51,232 $117,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: E12002399

California Regional Multiple Listing Service (CRMLS)

APN: 0278-032-72