NOT LISTED FOR SALE

Estimated Value: $745,000 - $780,000

7 Beds
4 Baths
2,878 Sq Ft
$267/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $400,000 $139 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,124/month

4 Days on Market

About This Home

As of June 2018

Two duplex in one lot. Great investment a "Must See!"

Last Agent to Sell the Property

Jeremy Geng

JEREMY GENG License #01873599 Listed on: 04/30/2018

Last Buyer's Agent

Dennis Davis

DENNIS DAVIS REAL ESTATE License #00594285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $363

Year Built

  • Built in 1924

Lot Details

  • 10,313 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • 2,878 Sq Ft Home
  • Split Level Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 0140053020000

Community Details

Overview

  • 2 Buildings

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Water Sewer Expense $2,707
  • Operating Expense $2,707
  • Gross Income $23,112
  • Net Operating Income $20,405

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$363

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2707.00
  • Property Type: Residential Income
  • Parcel Number: 0140053020000
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Multi/Split
  • Price Per Square Foot: 138.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 10313.00

Multi Family

  • Gross Income: 23112.00
  • Gross Scheduled Income: 23112.00
  • Net Operating Income: 20405.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Operating Expense: 2707.00
  • Rent Control: No
  • Total Expenses: 2707.00

Tax Info

  • Tax Census Tract: 56.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2018
Sold by
Varp Inc
Bought by
Varp Inc
Current Estimated Value
$768,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$218,015
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$517,652

Purchase Details

Listed on
Apr 30, 2018
Closed on
May 18, 2018
Sold by
Home Expo Financial Inc
Bought by
Varp Inc
Seller's Agent
Jeremy Geng
JEREMY GENG
Buyer's Agent
Dennis Davis
DENNIS DAVIS REAL ESTATE
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Source: Public Records

Range of Values:

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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
Varp Inc -- Chicago Title Inland Empire
Varp Inc $400,000 Chicago Title Company
Home Expo Financial Inc -- Chicago Title Inland Empire
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varp Inc $250,000
Previous Owner Drachand Karthigaser Don $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2018 06/07/18 Sold $400,000 0.0% $139 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $399,900 -- $139 / 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 $363 $455,131 $136,539 $318,592
2024 $363 $446,207 $133,862 $312,345
2023 $177 $437,458 $131,237 $306,221
2022 $5,588 $428,881 $128,664 $300,217
2021 $168 $420,471 $126,141 $294,330
2020 $163 $416,160 $124,848 $291,312
2019 $5,449 $408,000 $122,400 $285,600
2018 $985 $62,562 $20,932 $41,630
2017 $955 $61,336 $20,522 $40,814
2016 $927 $60,134 $20,120 $40,014
2015 $793 $59,231 $19,818 $39,413
2014 $771 $58,071 $19,430 $38,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18099450

California Regional Multiple Listing Service (CRMLS)

APN: 0140-053-02