NOT LISTED FOR SALE

Estimated Value: $897,000 - $1,292,000

7 Beds
6 Baths
2,377 Sq Ft
$476/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $700,000 $294 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,959/month

13 Days on Market

Highlights

  • 0.46 Acre Lot
  • Back Yard
  • 1-Story Property
  • No HOA

About This Home

As of November 2014

Rarely on the market, triplex with 3 separate detached units. Each unit is separately metered. High cap rate for investor or perfect for owner occupied. Room for additional structure. Buyer to verify zoning/building requirements for additional structure.

Last Agent to Sell the Property

Raquel Barnas

Seven Gables Real Estate License #01297921 Listed on: 10/05/2014

Seven Gables Real Estate

Last Buyer's Agent

Hilda Bercian

Westworld Realty Inc. License #01092991

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 20,050 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 5 Parking Spaces

Interior Spaces

  • 2,377 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 72
  • Tax Tract Number 7868
  • Assessor Parcel Number 8029015021

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $1,000
  • Insurance Expense $1,500
  • Trash Expense $500
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,300
  • Gross Income $5,125
  • Net Operating Income $48,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0.46 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 8029015021
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 294.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 20050.00
  • Lot Size Acres: 0.4600

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 5125.00
  • Gross Scheduled Income: 61500.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 20050.0000 Square Feet
  • Net Operating Income: 48200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 4
  • Operating Expense: 13300.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8300.00
  • Tax Lot: 72
  • Tax Tract Number: 7868
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2014
Closed on
Oct 21, 2014
Sold by
Barrios Abel O and Olguin Maria Dela Luz
Bought by
Gutierrez Family Trust
Seller's Agent
Raquel Barnas
Seven Gables Real Estate
Buyer's Agent
Hilda Bercian
Westworld Realty Inc.
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Current Estimated Value
$1,132,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,487
Avg. Annual Appreciation
4.34%

Purchase Details

Closed on
Jul 26, 2012
Sold by
Olguin Abel B and Olguin Maria De La Luz
Bought by
Barrios Abel O and Olguin Maria De La Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,544
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2008
Sold by
Olguin Abel A
Bought by
Olguin Abel B and Olguin Maria Delaluz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,795
Interest Rate
6.03%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2004
Sold by
Olguin Abel B
Bought by
Olguin Abel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2003
Sold by
Olguin Maria Delaluz
Bought by
Olguin Abel A and Olguin Abel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,250
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2003
Sold by
Olguin Elizabeth and Carrillo Fernando
Bought by
Olguin Abel A and Olguin Abel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,250
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2000
Sold by
Arias Blanca and Carrillo Sandra
Bought by
Olguin Abel and Olguin Maria Delaluz

Purchase Details

Closed on
Dec 18, 1998
Sold by
Olguin Abel A
Bought by
Olguin Elizabeth

Purchase Details

Closed on
Oct 7, 1998
Sold by
Moriarty Trust Moriarty James J And Alice I T
Bought by
Olguin Elizabeth and Carrillo Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,782
Interest Rate
6.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gutierrez Family Trust $700,000 First American Title Company
Barrios Abel O -- Lawyers Title
Olguin Abel B $625,000 Natc
Olguin Abel A -- Lawyers Title
Olguin Abel A -- --
Olguin Abel A -- --
Olguin Abel -- --
Olguin Elizabeth -- Universal Title Company
Olguin Elizabeth $270,000 Universal Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrios Abel O $445,544
Previous Owner Olguin Abel B $459,795
Previous Owner Olguin Abel A $334,000
Previous Owner Olguin Abel A $293,250
Previous Owner Olguin Abel A $293,250
Previous Owner Olguin Elizabeth $262,782
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2014 11/25/14 Sold $700,000 -6.7% $294 / Sq Ft
10/18/2014 10/18/14 Pending -- -- --
10/05/2014 10/05/14 For Sale $750,000 -- $316 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,894 $841,288 $480,737 $360,551
2024 $10,894 $824,793 $471,311 $353,482
2023 $10,311 $808,621 $462,070 $346,551
2022 $10,390 $792,766 $453,010 $339,756
2021 $10,181 $777,223 $444,128 $333,095
2020 $10,077 $769,255 $439,575 $329,680
2019 $10,010 $754,172 $430,956 $323,216
2018 $9,556 $739,385 $422,506 $316,879
2016 $9,098 $710,675 $406,100 $304,575
2015 $8,872 $700,000 $400,000 $300,000
2014 $8,452 $656,556 $381,328 $275,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14216841

California Regional Multiple Listing Service (CRMLS)

APN: 8029-015-021

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