NOT LISTED FOR SALE
9 Beds
6 Baths
1,800 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: March 31, 2016

Last sale price $1,550,000 $861 Per Sq Ft

250 Days on Market

Highlights

  • 0.46 Acre Lot
  • Wood Flooring
  • Fireplace
  • Craftsman Architecture
  • High Ceiling
  • 4-minute walk to Tamien Park

About This Home

As of March 2016

Ideal redevelopment or investment opportunity! Live in 1 unit and rent out the others. 3 separate rental properties on nearly 1/2 acre lot. 1 Duplex and 2 SFR's + 1 large storage warehouse/garage. All 3 rental units are tenant occupied. Duplex: 360-364 Goodyear St / both units are 2 beds, 1 ba, 1 car garages w/laundry & private yards. SFR: 1102 Lick Ave/3 beds, 1.5 ba, full basement, private yard, inside laundry. SFR: 1106 Lick Ave. 2 beds 1 bath, inside laundry, big rear yard, and basement. City says possible 3 lot split and/or develop 8+ units. Contact Planning Dept. for details. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Robbie Matusich

Richard G. Matusich & Assoc., Inc. License #01449407 Listed on: 06/30/2015

Co-Listed By

Richard Matusich

Richard G. Matusich & Assoc., Inc. License #00358728

Last Buyer's Agent

Paul Sjoblom

Philip E Simons, Broker License #00412865

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • 20,212 Sq Ft Lot
  • Fenced
  • Mostly Level

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shake Roof
  • Shingle Roof
  • Wood Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • High Ceiling
  • Fireplace
  • Storage Room
  • Finished Basement

Kitchen

  • Oven or Range
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Floor Furnace
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $84,175

Community Details

Overview

  • 1,800 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $4,356
  • Maintenance Expense $5,281
  • Manager Expense $4,518
  • Other Expense $542
  • Utility Expense $1,308
  • Trash Expense $2,561
  • Operating Expense $29,271
  • Gross Income $81,650

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

0.46 Acres

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Multiple Dwellings / Structures
  • Style: Craftsman
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Kitchen: Countertop - Other, Countertop - Tile, Exhaust Fan, Garbage Disposal, Hookups - Gas, Oven Range
  • Living Sq Ft: 1800
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Basement - Finished, Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter And Slab
  • Roof: Composition, Shake, Shingle, Wood Shakes / Shingles
  • Yard/Grounds: Bbq Area, Fenced, Storage Shed / Structure
  • Construction Type: Brick, Concrete, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Central Forced Air - Gas, Fireplace, Floor Furnace, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.4640
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20221.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20221.00

Rental Info

  • Existing Lease Term(s): Lease(s), Month To Month, Security Deposit
  • Gross Rent Multiplier: 20.14
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 4356
  • Expense Maintenance: 5281
  • Expense Management: 4518
  • Expenses Other: 542
  • Expenses Total: 29271
  • Expenses Utility: 1308
  • Expense Trash: 2561
  • Income Annual Gross: 81650.00
  • Income Annual Rental: 84175
  • Income Gross Scheduled: 84175
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Professional Services, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Capital Improvements, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2015
Closed on
Mar 28, 2016
Sold by
Gundel Bradley S and Maciel Laurie J
Bought by
Seller's Agent
Robbie Matusich
Richard G. Matusich & Assoc., Inc.
Buyer's Agent
Paul Sjoblom
Philip E Simons, Broker
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2008
Sold by
Gundel Bradley S
Bought by
Gundel Bradley S and Maciel Laurie J

Purchase Details

Closed on
Jul 1, 2002
Sold by
Gundel Aili A and Gundel Bradley S
Bought by
The Gundel Family Ltd Partnership
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,550,000 Chicago Title Company
Gundel Bradley S -- None Available
The Gundel Family Ltd Partnership -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $550,000
Closed Garcia Enterprise Llc $525,000
Closed Garcia Enterprise Llc $500,000
Closed Garcia Enterprise Llc $700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $1,550,000 -8.6% $861 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
06/30/2015 06/30/15 For Sale $1,695,000 -- $942 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $28,063 $1,871,576 $1,207,469 $664,107
2025 $28,063 $1,834,880 $1,183,794 $651,086
2024 $26,513 $1,798,903 $1,160,583 $638,320
2023 $25,913 $1,763,631 $1,137,827 $625,804
2022 $25,618 $1,729,051 $1,115,517 $613,534
2021 $24,941 $1,695,149 $1,093,645 $601,504
2020 $24,188 $1,677,769 $1,082,432 $595,337
2019 $23,567 $1,644,872 $1,061,208 $583,664
2018 $23,271 $1,612,620 $1,040,400 $572,220
2017 $23,045 $1,581,000 $1,020,000 $561,000
2016 $13,123 $761,471 $598,301 $163,170
2015 $13,002 $750,034 $589,314 $160,720
2014 $10,750 $735,343 $577,771 $157,572
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81533609

MLSListings

APN: 434-05-086

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