NOT LISTED FOR SALE
12 Beds
5 Baths
3,000 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: June 14, 2013

Last sale price $178,000 $59 Per Sq Ft

27 Days on Market

About This Home

As of June 2013

5 Unit Apartment Building. Great for investors! Two 3 bedrooms and Three 2 bedroom apartments.

Last Agent to Sell the Property

Kreg Gable

R.R.Gable, Inc. License #00458382 Listed on: 05/16/2013

Last Buyer's Agent

TIM LUU

CAPITAL EXPRESS GROUP, INC. License #01333843

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 3,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Driveway

Additional Features

  • Laundry in unit
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 10 / 30
  • Tax Tract Number 1111
  • Assessor Parcel Number 0401400500

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $2,400
  • Gardener Expense $600
  • Insurance Expense $1,300
  • Maintenance Expense $2,400
  • Professional Management Expense $5,000
  • Trash Expense $600
  • Water Sewer Expense $2,400
  • New Taxes Expense $2,500
  • Gross Income $2,900
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Professional Management Expense: 5000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 0401400500
  • Year Built: 1981
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 59.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Average2 Bed Area: 550
  • Average3 Bed Area: 650
  • Electric Expense: 2400.00
  • Gross Income: 2900.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 27600.00
  • Number Of Units Total: 5
  • Operating Expense: 1500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2500.00
  • Tax Block: 30
  • Taxes Percent: 1.25
  • Tax Lot: 10
  • Tax Tract Number: 1111
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Jun 5, 2013
Sold by
Bought by
Seller's Agent
Kreg Gable
R.R.Gable, Inc.
Buyer's Agent
TIM LUU
CAPITAL EXPRESS GROUP, INC.
List Price
$199,000
Sold Price
$178,000
Premium/Discount to List
-$21,000
-10.55%

Purchase Details

Closed on
Jul 5, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2003
Sold by
Bought by

Purchase Details

Closed on
May 1, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 1999
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$178,000 Chicago Title
-- Chicago Title Company
$325,000 Chicago Title Company
$137,000 Chicago Title
-- First American Title Co
-- Chicago Title Insurance
-- Chicago Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $228,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/14/2013 06/14/13 Sold $178,000 -10.6% $59 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $199,000 -- $66 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,269 $223,564 $10,041 $213,523
2025 $3,230 $219,182 $9,845 $209,337
2024 $3,230 $214,885 $9,652 $205,233
2023 $3,106 $210,672 $9,463 $201,209
2022 $3,048 $206,542 $9,278 $197,264
2021 $2,844 $202,494 $9,097 $193,397
2020 $2,782 $200,418 $9,004 $191,414
2019 $2,781 $200,418 $9,004 $191,414
2018 $2,693 $192,637 $8,655 $183,982
2017 $2,687 $188,861 $8,486 $180,375
2016 $2,625 $185,159 $8,320 $176,839
2015 $2,511 $182,379 $8,196 $174,183
2014 $2,487 $178,807 $8,036 $170,771
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13091631

California Regional Multiple Listing Service (CRMLS)
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