NOT LISTED FOR SALE

Estimated Value: $990,000 - $1,268,000

1 Bed
1 Bath
2,150 Sq Ft
$530/Sq Ft Est. Value

Last Sold November 20, 2014

Last sale price $585,000 $272 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,969/month

70 Days on Market

About This Home

As of November 2014

* Recent Renovation
* New Exterior Paint
* Individual Water Meters
* On-Site Parking, Washer/Dryer Hookups
* Great Rental Location Near Schools and Employment Opportunities

Last Agent to Sell the Property

Rick Applebaum

Morgan Skenderian License #01273871 Listed on: 09/03/2014

Last Buyer's Agent

Nidya Pineda

Century 21 Jervis & Associates License #01490268

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,311

Year Built

  • Built in 1958

Lot Details

  • 4,007 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 7266005021

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Gardener Expense $480
  • Insurance Expense $1,200
  • Maintenance Expense $2,386
  • Other Expense $250
  • Trash Expense $2,000
  • New Taxes Expense $7,033
  • Gross Income $4,100
  • Net Operating Income $34,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,311

Year Built

Built in 1958

Lot Details

0

Listing Details

  • CapRate: 5.80
  • Price Per Unit: 147250
  • Property Attached: Yes
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7266005021
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 272.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4007.00
  • Lot Size Acres: 0.0920

Multi Family

  • Gross Income: 4100.00
  • Gross Multiplier: 11.97
  • Gross Scheduled Income: 49200.00
  • Gross Spendable Income: 7908.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4007.0000 Square Feet
  • Maintenance Expense: 2386.00
  • Maintenance Percent: 7.00
  • Net Operating Income: 34375.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Operating Expense: 13349.00
  • Operating Expense Percent: 27.10
  • Other Expense: 250.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Total Actual Rent: 4100.00
  • Vacancy Allowance: 1476
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7033.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Nov 7, 2014
Sold by
Lujan Ramon
Bought by
Alatorre Salvador
Seller's Agent
Rick Applebaum
Morgan Skenderian
Buyer's Agent
Nidya Pineda
Century 21 Jervis & Associates
List Price
$600,000
Sold Price
$585,000
Premium/Discount to List
-$15,000
-2.5%
Current Estimated Value
$1,138,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,718
Avg. Annual Appreciation
6.24%
Original Mortgage
$585,000
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Listed on
Aug 6, 2013
Closed on
Mar 24, 2014
Sold by
Lujan Irma
Bought by
Lujan Aaron
Seller's Agent
Camilo Louck
Re/Max Tiffany Real Estate
Buyer's Agent
Yvonne Dowland
My Realty
List Price
$460,000
Sold Price
$380,000
Premium/Discount to List
-$80,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.23%

Purchase Details

Listed on
Aug 6, 2013
Closed on
Mar 11, 2014
Sold by
Agpaoa Leonardo R
Bought by
Lujan Andre and Lujan Ramon
Seller's Agent
Camilo Louck
Re/Max Tiffany Real Estate
Buyer's Agent
Yvonne Dowland
My Realty
List Price
$460,000
Sold Price
$380,000
Premium/Discount to List
-$80,000
-17.39%

Purchase Details

Closed on
May 29, 1998
Sold by
Agpaoa Cristina S
Bought by
Agpaoa Leonardo B and Agpaoa Cristina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
7.13%

Purchase Details

Closed on
Mar 27, 1995
Sold by
Agpaoa Leonardo R
Bought by
Agpaoa Cristina S
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
Alatorre Salvador $585,000 Ticor Title Company
Lujan Aaron -- Old Republic Title Company
Lujan Andre $380,000 Old Republic Title Company
Agpaoa Leonardo B -- North American Title Co
Agpaoa Cristina S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alatorre Salvador $200,000
Open Alatorre Salvador $505,830
Closed Alatorre Salvador $585,000
Previous Owner Agpaoa Leonardo B $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2014 11/20/14 Sold $585,000 -2.5% $272 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $600,000 +57.9% $279 / Sq Ft
04/01/2014 04/01/14 Sold $380,000 -17.4% $177 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
08/06/2013 08/06/13 For Sale $460,000 -- $214 / 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 $9,311 $703,071 $492,753 $210,318
2024 $9,311 $689,287 $483,092 $206,195
2023 $9,150 $675,772 $473,620 $202,152
2022 $8,595 $662,523 $464,334 $198,189
2021 $8,415 $649,533 $455,230 $194,303
2019 $8,295 $630,970 $441,729 $189,241
2018 $8,060 $618,613 $433,068 $185,545
2016 $7,420 $593,920 $416,252 $177,668
2015 $7,127 $585,000 $410,000 $175,000
2014 $2,041 $129,532 $44,226 $85,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14189418

California Regional Multiple Listing Service (CRMLS)

APN: 7266-005-021