NOT LISTED FOR SALE

Estimated Value: $391,000 - $474,000

1 Bed
1 Bath
2,000 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 21, 2017

Last sale price $275,000 $138 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,545/month

7 Days on Market

Highlights

  • No Units Above
  • Parkview Elementary School Rated A-
  • Lawn

About This Home

As of June 2017

Two side by side 4-plexes with 2 APN's, sold separately or together! Each unit is 1 bedroom/1 bathroom. This 4-plex has an excellent rental history. It is in a great location near the corner of Humboldt and Cypress. The building has a laundry room with 4 covered off-street parking spots, and a
driveway in the back. Two of these units have a small backyard.

Last Agent to Sell the Property

Tara Anderson

Ballou Company License #01860993 Listed on: 04/28/2017

Last Buyer's Agent

Tara Anderson

Ballou Company License #01860993 Listed on: 04/28/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,498

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Lawn

Parking

  • 4 Car Garage

Home Design

  • 2,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Assessor Parcel Number 004449013000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $675
  • Insurance Expense $1,125
  • Maintenance Expense $1,200
  • Other Expense $2,500
  • New Taxes Expense $3,135
  • Operating Expense $8,635
  • Gross Income $24,323
  • Net Operating Income $15,688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,498

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 675.00
  • Parcel Number: 004449013000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Price Per Square Foot: 137.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 8276.00

Multi Family

  • Gross Income: 24323.00
  • Gross Scheduled Income: 24323.00
  • Insurance Expense: 1125.00
  • Laundry Income: 323.00
  • Maintenance Expense: 1200.00
  • Net Operating Income: 15688.00
  • 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
  • Operating Expense: 8635.00
  • Other Expense: 2500.00
  • Other Expense Description: Utilitie
  • Rent Control: No
  • Total Actual Rent: 2000.00
  • Total Expenses: 8635.00

Tax Info

  • New Taxes Expense: 3135.00
  • Tax Census Tract: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 17, 2017
Sold by
Davis Deanna F
Bought by
Davias Deanna F and The Deanna F Davis Living Tarust
Seller's Agent
Tara Anderson
Ballou Company
Buyer's Agent
Tara Anderson
Ballou Company
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$424,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,895
Avg. Annual Appreciation
6.04%
Original Mortgage
$187,000
Outstanding Balance
$156,414
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$290,601

Purchase Details

Closed on
Sep 17, 2002
Sold by
Ledgerwood James L and Ledgerwood Rita M
Bought by
Ledgerwood Thomas K and Ledgerwood Jona
Source: Public Records

Range of Values:

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Average Value
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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
Davias Deanna F -- Mid Valley Title & Escrow Co
Davis Deanna F $275,000 Mid Valley Title & Escrow Co
Ledgerwood Thomas K -- Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Deanna F $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2017 06/21/17 Sold $275,000 0.0% $138 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $275,000 -- $138 / 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 $3,498 $318,994 $150,874 $168,120
2024 $3,498 $311,760 $147,916 $163,844
2023 $3,457 $306,648 $145,016 $161,632
2022 $3,403 $300,656 $142,173 $158,483
2021 $3,336 $294,782 $139,386 $155,396
2020 $3,329 $291,770 $137,957 $153,813
2019 $3,272 $286,069 $135,252 $150,817
2018 $3,211 $280,480 $132,600 $147,880
2017 $1,619 $139,970 $51,467 $88,503
2016 $1,482 $137,246 $50,458 $86,788
2015 -- $135,201 $49,701 $85,500
2014 -- $132,573 $48,728 $83,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH17092595

California Regional Multiple Listing Service (CRMLS)

APN: 004-449-013-000