NOT LISTED FOR SALE

Estimated Value: $1,005,000 - $1,269,000

8 Beds
4 Baths
3,720 Sq Ft
$304/Sq Ft Est. Value

Last Sold December 11, 2012

Last sale price $450,000 $121 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $6,547/month

48 Days on Market

About This Home

As of December 2012

Excellent investment opportunity. 100% Occupied. Turn key fourplex. Lots of upgrades already completed. Newer laminate floors in dining and kitchen, carpet throughout, newer plumbing, electrical, bathrooms including floors, sink and tub. Recently painted inside and out. New windows, updated storage area and carport. Ready for the new owner to take over. Please do not disturb tenants. Agents, please see private remarks for showing instructions.

Last Agent to Sell the Property

Chuck Keller

eXp Realty of California Inc License #01271355 Listed on: 09/08/2012

eXp Realty of California Inc

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,484

Year Built

  • Built in 1964

Lot Details

  • 9,447 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 3,720 Sq Ft Home

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 8342-020-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,484

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3720
  • Year Built: 1964
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 133.06

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 245000
  • Assessed Land Value: 200000
  • Assessor Parcel Number: 8342-020-024
  • Lot Size Area: 9447

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: side by side
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2012
Closed on
Nov 16, 2012
Sold by
Bhatia Amit Pal S
Bought by
Neo Fortune Management Llc
Seller's Agent
Chuck Keller
eXp Realty of California Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%
Current Estimated Value
$1,129,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,444
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Jul 19, 2010
Sold by
Gold Key Investments Llc
Bought by
Bhatia Amit Pal S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2010
Sold by
Kato Terri
Bought by
Gold Key Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2010
Sold by
Federal National Mortgage Association
Bought by
Kato Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2010
Sold by
Udengwu Chidi B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 2, 2005
Sold by
Udengwu Mary Enyi
Bought by
Udengwu Chidi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 21, 2005
Sold by
Sandoval Mirtha I
Bought by
Udengwu Chidi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 18, 1998
Sold by
Sandoval Victor H
Bought by
Sandoval Mirtha I

Purchase Details

Closed on
Oct 24, 1996
Sold by
Sandoval Wilma
Bought by
Sandoval Victor
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
Neo Fortune Management Llc $450,000 Title 365 Company
Bhatia Amit Pal S $445,000 Provident Title Company
Gold Key Investments Llc -- Advantage Title Inc
Kato Terri $380,000 Lsi Title Agency
Federal National Mortgage Association $655,831 Accommodation
Udengwu Chidi B -- Stewart Title Of Ca Inc
Udengwu Chidi B $630,000 Stewart Title Of Ca Inc
Sandoval Mirtha I -- --
Sandoval Victor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhatia Amit Pal S $333,750
Previous Owner Gold Key Investments Llc $400,000
Previous Owner Udengwu Chidi B $63,000
Previous Owner Udengwu Chidi B $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2012 12/11/12 Sold $450,000 -9.1% $121 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
09/08/2012 09/08/12 For Sale $495,000 -- $133 / Sq Ft
Source: The MLS

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 $7,484 $554,134 $246,282 $307,852
2024 $7,484 $543,269 $241,453 $301,816
2023 $7,339 $532,618 $236,719 $295,899
2022 $7,220 $522,176 $232,078 $290,098
2021 $7,041 $511,938 $227,528 $284,410
2020 $7,017 $506,689 $225,195 $281,494
2019 $7,180 $496,755 $220,780 $275,975
2018 $6,634 $487,015 $216,451 $270,564
2016 $6,214 $468,105 $208,047 $260,058
2015 $6,163 $461,074 $204,922 $256,152
2014 $6,138 $452,043 $200,908 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-623597

The MLS

APN: 8342-020-024