NOT LISTED FOR SALE
7 Beds
6 Baths
3,528 Sq Ft
8,812 Sq Ft Lot

Last Sold October 22, 2018

Last sale price $1,840,000 $522 Per Sq Ft

14 Days on Market

Highlights

  • 4 Car Attached Garage
  • Latimer Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of October 2018

One-of-a-kind Triplex! RARE opportunity to live in a spacious ~1,675 SqFt 3bd/2.5bth home w/ attached 2-car garage & sizable backyard while collecting rents to pay off the mortgage at the same time!! Why buying a single family home when you are given a chance to be financially smart? Do your math. Number speaks for itself! Each unit comes with private backyard, attached garage & personal in-unit laundry. Income and expenses are based on estimated market rents. Unit #A - 3bd home is to be vacated by 9/29/18; freedom is yours! Make it your home or rent it out! Unit #B, remodeled in 2015 - long term tenant on month-to-month lease. Unit #C, remodeled in 2018 - vacant, clean & ready to go. Copper plumbing & 2006 New roof done with permit. Central heating in each unit. Great Moreland school district. Pleasant Campbell neighborhood. Minutes to Westgate shopping center. Short local drive to major tech companies, Apple, Netflix, Nvidia & more. EZ access to CA-17, CA-85 & I-280

Last Agent to Sell the Property

Alex Aung

Home Solutions Realty License #01435381 Listed on: 09/07/2018

Last Buyer's Agent

Nolan Archer

Assist 2 Sell

Property Details

Home Type

  • Multi-Family

Year Built

  • 1967

Lot Details

  • 8,812

Parking

  • 4 Car Attached Garage

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 3,528 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Additional Features

  • 8,812 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $106,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $900
  • Utility Expense $2,430
  • Trash Expense $840
  • Operating Expense $8,268
  • Gross Income $103,596

Property Details

Home Type

Multi-Family

Year Built

1967

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-2
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3528
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1967

Interior Features

  • Living Sq Ft: 3528
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 242

Lot Info

  • Lot Acres: 0.2023
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8811.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8811.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.91
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 900
  • Expense Landscape: 1200
  • Expenses Total: 8268
  • Expenses Utility: 2430
  • Expense Trash: 840
  • Income Annual Gross: 103596.00
  • Income Annual Rental: 106800
  • Income Gross Scheduled: 106800
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2018 10/22/18 Sold $1,840,000 +8.3% $522 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $1,699,000 -- $482 / Sq Ft
Source: MLSListings

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 $27,076 $2,052,550 $1,662,121 $390,429
2024 $27,076 $2,012,305 $1,629,531 $382,774
2023 $26,842 $1,972,849 $1,597,580 $375,269
2022 $26,476 $1,934,166 $1,566,255 $367,911
2021 $25,992 $1,896,243 $1,535,545 $360,698
2020 $25,419 $1,876,800 $1,519,800 $357,000
2019 $24,396 $1,840,000 $1,490,000 $350,000
2018 $3,004 $109,995 $30,224 $79,771
2017 $2,898 $107,839 $29,632 $78,207
2016 $2,682 $105,725 $29,051 $76,674
2015 $2,573 $104,138 $28,615 $75,523
2014 $2,433 $102,099 $28,055 $74,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81722293

MLSListings

APN: 307-50-003