NOT LISTED FOR SALE

Estimated Value: $886,000 - $1,059,000

5 Beds
3 Baths
2,359 Sq Ft
$407/Sq Ft Est. Value

Last Sold August 11, 2016

Last sale price $560,000 $237 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,979/month

138 Days on Market

About This Home

As of August 2016

Investment opportunity, live in one unit and rent the other or rent both units. This is an standard sale and per sellers instructions please do not disturb the tenants. This property will be sale "as-is" condition, no repairs or termite work will be done by the sellers. This property has two units and is currently occupied, sellers will not delivered the units vacant at the close of escrow.
One unit has tree bedrooms and two baths, the other unit has two bedrooms and one bath with 2 car detached garage and ample driveway to have access to the units. This two units have upside rent potential. Call listing agent for any questions.

Last Agent to Sell the Property

Alfredo Guerra

GEORGE MICHAEL REALTY License #01712344 Listed on: 04/04/2016

Last Buyer's Agent

Sandy Castro

Realty One Group United License #01473624

Realty One Group United

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,893 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 2,359 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 287
  • Assessor Parcel Number 4037011032

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 4037011032
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 237.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5893.00
  • Price Per Lot Square Foot: 95.03
  • Lot Size Acres: 0.1350

Multi Family

  • Lot Size Area: 5893.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 47
  • Tax Tract Number: 287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2019
Sold by
Lopez Juan and Lopez Irma
Bought by
Lopez Juan and Lopez Irma
Current Estimated Value
$959,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,625
Outstanding Balance
$488,946
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$470,414

Purchase Details

Closed on
May 19, 2016
Sold by
Gonzalez Jose Francisco and Gonzalez Brenda J
Bought by
Lopez Juan and Lopez Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,857
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2008
Sold by
Gonzalez Jose Francisco
Bought by
Gonzalez Jose Francisco and Gonzalez Brenda J

Purchase Details

Closed on
Apr 9, 2004
Sold by
Gonzalez Victor and Gonzalez Jose Francisco
Bought by
Gonzalez Jose Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2001
Sold by
Gonzalez Victor H and Cabrera Rosa Maria
Bought by
Gonzalez Victor H and Gonzalez Jose Francisco

Purchase Details

Closed on
Jan 20, 1994
Sold by
Gonzalez Jose Francisco and Gonzalez Victor H
Bought by
Gonzalez Victor H and Cabrera Rosa Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lopez Juan -- Provident Title Company
Lopez Juan $560,000 Lawyers Title
Gonzalez Jose Francisco -- Accommodation
Gonzalez Jose Francisco -- Lawyers Title Company
Gonzalez Victor H -- Lawyers Title Company
Gonzalez Jose Francisco -- Lawyers Title Company
Gonzalez Victor H -- --
Gonzalez Victor H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Juan $559,625
Previous Owner Lopez Juan $549,857
Previous Owner Gonzalez Jose Francisco $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2016 08/11/16 Sold $560,000 +13.1% $237 / Sq Ft
04/09/2016 04/09/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $495,000 -- $210 / 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 $11,178 $715,280 $457,348 $257,932
2024 $11,178 $701,256 $448,381 $252,875
2023 $10,796 $687,507 $439,590 $247,917
2022 $10,700 $674,027 $430,971 $243,056
2021 $10,396 $660,812 $422,521 $238,291
2019 $8,881 $582,623 $349,574 $233,049
2018 $8,695 $571,200 $342,720 $228,480
2016 $5,534 $355,835 $242,409 $113,426
2015 $5,385 $350,491 $238,768 $111,723
2014 $5,355 $343,626 $234,091 $109,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB15251963

California Regional Multiple Listing Service (CRMLS)

APN: 4037-011-032