NOT LISTED FOR SALE

Estimated Value: $1,244,223 - $1,416,000

6 Beds
4 Baths
3,656 Sq Ft
$361/Sq Ft Est. Value

Last Sold March 06, 2014

Last sale price $630,000 $172 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $7,987/month

17 Days on Market

Highlights

  • In Ground Spa
  • Cape Cod Architecture
  • Living Room with Attached Deck
  • Woodrow Wilson High School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of March 2014

Triplex: Starter Investment Property - Live in One; Rent Covers Your Expenses. Spacious Classic California Bungalow with 2 Separate 1 Bedroom Units. Main House has Large Kitchen, Large Dining and Living Room. Original Woodwork, Dual Pane Windows and Custom Wood Shutters Throughout. Just off Kitchen is a Walk-In Pantry, 1/4 Bath and Laundry Access. Kitchen has some Upgrades including Solid Surface Counters, Ceramic Tile Flooring. One Bedroom / Office off Living Rm. 3 Large Upstairs Bedrooms with Exterior Landing and Access. Some Upgrades in Bath, includes a Claw Foot Tub. On Demand Gas Water Heater. 2 Separate 1 Bedroom Units above Garages (4 spots) built in 1988. Tons of Storage, Common Laundry Room, Workshop Area with 3/4 Bath, Gas Fireplace and adjacent Enclosed Spa. Long Driveway for plenty Additional Parking. The One Bedroom Units have Lots of Natural Light, Vaulted Ceilings, Gas Fireplaces with Newer Construction, 2 Private Patios. Units Surround Large Common Courtyard.

Last Agent to Sell the Property

Winnie Glas

Coldwell Banker Coastal Alliance License #01391369 Listed on: 01/03/2014

Co-Listed By

Flo Pickett

Coldwell Banker Realty License #00527197

Last Buyer's Agent

Cynthia Morfin

eXp Realty of California Inc License #01386528

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,177

Year Built

  • Built in 1912

Lot Details

  • 6,499 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is 2-5 Units/Acre
  • On-Hand Building Permits

Parking

  • 4 Car Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway
  • Shared Driveway
  • Assigned Parking

Home Design

  • Cape Cod Architecture
  • Craftsman Architecture
  • Property Attached
  • Additions or Alterations
  • Frame Construction

Interior Spaces

  • 3,656 Sq Ft Home
  • Gas Fireplace
  • Double Pane Windows
  • Shutters
  • Living Room with Attached Deck
  • Workshop
  • Storage
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Spa
  • Exterior Lighting
  • Separate Outdoor Workshop

Utilities

  • Floor Furnace
  • Wall Furnace
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 8
  • Assessor Parcel Number 7262004022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $540
  • Insurance Expense $1,398
  • Maintenance Expense $1,038
  • Other Expense $3,020
  • Trash Expense $120
  • Water Sewer Expense $670
  • New Taxes Expense $7,813
  • Gross Income $3,800
  • Net Operating Income $33,444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,177

Year Built

Built in 1912

Lot Details

0

Parking

4

Listing Details

  • Inclusions: Refrigerators, Ranges, Spa
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 670.00
  • Architectural Style: Cape Cod, Craftsman
  • Property Condition: Additions/Alterations, Building Permit
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 7262004022
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Living Room Deck Attached, Pantry, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Gas
  • Levels: Two
  • Price Per Square Foot: 172.32
  • Room Type: Living Room, Main Floor Bedroom, Walk-In Pantry, Workshop
  • Spa Features: In Ground
  • Window Features: Double Pane Windows, Shutters

Exterior Features

  • Other Structures: Workshop
  • Fencing: Wood
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Frame

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway - Combination, Garage, Shared Driveway
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Tankless Water Heater
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Community, Individual Room
  • Trash Expense: 120.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size: 6499
  • Lot Size Sq Ft: 6499.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 3800.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 1398.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6499.0000 Square Feet
  • Maintenance Expense: 1038.00
  • Net Operating Income: 33444.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 12156.00
  • Other Expense: 3020.00
  • Other Expense Description: Repairs
  • Rent Control: No
  • Total Actual Rent: 3800.00

Tax Info

  • New Taxes Expense: 7813.00
  • Tax Lot: 8
  • Tax Tract Number: 00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2014
Closed on
Jan 27, 2014
Sold by
Clewe Jane E and White Deborah D
Bought by
Nunez Amelio and Nunez Lucila
Seller's Agent
Winnie Glas
Coldwell Banker Coastal Alliance
Buyer's Agent
Cynthia Morfin
eXp Realty of California Inc
List Price
$625,000
Sold Price
$630,000
Premium/Discount to List
$5,000
0.8%
Current Estimated Value
$1,304,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,035
Avg. Annual Appreciation
6.68%
Original Mortgage
$472,500
Outstanding Balance
$358,138
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$960,668
Source: Public Records

Range of Values:

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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
Nunez Amelio $630,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Amelio $472,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2014 03/06/14 Sold $630,000 +0.8% $172 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $625,000 -- $171 / 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 $10,177 $772,283 $404,529 $367,754
2024 $10,177 $757,142 $396,598 $360,544
2023 $10,007 $742,297 $388,822 $353,475
2022 $9,404 $727,744 $381,199 $346,545
2021 $9,205 $713,475 $373,725 $339,750
2020 $9,180 $706,160 $369,893 $336,267
2019 $9,074 $692,315 $362,641 $329,674
2018 $8,778 $678,741 $355,531 $323,210
2016 $8,061 $652,386 $341,726 $310,660
2015 $7,742 $642,587 $336,593 $305,994
2014 $5,493 $436,316 $111,764 $324,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14001682

California Regional Multiple Listing Service (CRMLS)

APN: 7262-004-022