NOT LISTED FOR SALE

Estimated Value: $1,460,000 - $1,534,546

8 Beds
8 Baths
4,080 Sq Ft
$367/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $720,000 $176 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $9,591/month

36 Days on Market

About This Home

As of June 2015

Potential, Potential and seller has made recent improvements and upgrades.This is a Probate (conservatorship) type sale.Bring us your best offer today.

Last Agent to Sell the Property

Garland Perry

The American Dream Realty License #00609872 Listed on: 02/22/2015

Last Buyer's Agent

Blake Wilson-Hayden

License #01867048

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,231

Year Built

  • Built in 1947

Lot Details

  • 9,230

Parking

  • On-Street Parking

Home Design

  • 4,080 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • 9,230 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 6056-009-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,231

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4080
  • Probate: Yes
  • Year Built: 1947
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 177.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 140667
  • Assessed Land Value: 172643
  • Assessor Parcel Number: 6056-009-016
  • Geocode Override: No
  • Lot Size Area: 9230

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 10.42
  • Number Of Units: 8
  • Total Annual Expense: 8000
  • Type Of Units: Income
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2015
Sold by
Wilson Leslie D and Wilson Dolores H
Bought by
Wilson Trust
Total Days on Market
36
Current Estimated Value
$1,497,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$434,887
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$1,020,571

Purchase Details

Listed on
Feb 22, 2015
Closed on
May 21, 2015
Sold by
Bass Lara and Jones Cleo
Bought by
Wilson Leslie D and Wilson Dolores H
Seller's Agent
Garland Perry
The American Dream Realty
Buyer's Agent
Blake Wilson-Hayden
List Price
$850,000
Sold Price
$720,000
Premium/Discount to List
-$130,000
-15.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Jan 24, 2008
Sold by
Jones Cleo and The Affie Lee Cotton Trust
Bought by
Jones Cleo

Purchase Details

Closed on
Nov 14, 2007
Sold by
Jones Cleo and The Affie Lee Cotton Trust
Bought by
Jones Cleo

Purchase Details

Closed on
Feb 11, 2003
Sold by
Cotton Affie
Bought by
Cotton Affie Lee and Affie Lee Cotton Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2000
Sold by
Cotton Affie
Bought by
The Affie Lee Cotton Living Trust

Purchase Details

Closed on
Jun 29, 1998
Sold by
Levy Lucius D and Levy Ivy J
Bought by
Cotton Affie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Wilson Trust -- Ticor Title Company
Wilson Leslie D $720,000 Chicago Title Company
Jones Cleo -- None Available
Jones Cleo -- None Available
Jones Cleo -- None Available
Cotton Affie Lee -- Fidelity National Title Co
Cotton Affie -- Fidelity National Title Co
The Affie Lee Cotton Living Trust -- --
Cotton Affie $245,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Trust $540,000
Previous Owner Cotton Affie $199,000
Previous Owner Cotton Affie $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $720,000 -15.3% $176 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
02/22/2015 02/22/15 For Sale $850,000 -- $208 / Sq Ft
Source: The MLS

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
2024 $14,231 $848,358 $447,745 $400,613
2023 $13,695 $831,724 $438,966 $392,758
2022 $13,164 $815,416 $430,359 $385,057
2021 $13,061 $799,428 $421,921 $377,507
2019 $12,725 $775,718 $409,407 $366,311
2018 $12,535 $760,509 $401,380 $359,129
2016 $11,923 $730,980 $385,795 $345,185
2015 $7,077 $319,569 $176,092 $143,477
2014 -- $313,310 $172,643 $140,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-881513

The MLS

APN: 6056-009-016