NOT LISTED FOR SALE

Estimated Value: $749,331 - $1,279,000

6 Beds
5 Baths
2,900 Sq Ft
$323/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $397,000 $137 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $5,570/month

130 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Balcony
  • Citrus Valley High School Rated A
  • Contemporary Architecture
  • Security Service

About This Home

As of December 2015

Attention Investor! Nice looking Triplex Apartment for Single Home Price. Built in 1985,New Roof was done 2013,Laminated wood like Flooring were done 2013 in 2 unit.Central air, Laundry Room , Huge Corner Lot.Unit C is vacant, lock box on front door. HOA $360/M covers Trash Gardening,Security Guard.

Last Agent to Sell the Property

Jennifer Lee

Team Spirit Realty, Inc. License #00975064 Listed on: 07/24/2015

Last Buyer's Agent

Jennifer Lee

Team Spirit Realty, Inc. License #00975064 Listed on: 07/24/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,548

Year Built

  • Built in 1985

Lot Details

  • 0.33 Acre Lot
  • No Common Walls
  • Fence is in good condition
  • Front and Side Yard Sprinklers
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 3 Detached Carport Spaces
  • Parking Available
  • Assigned Parking
  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,900 Sq Ft Home
  • Open Floorplan
  • Blinds
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Additional Features

  • Accessible Parking
  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 17
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167262010000

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $660
  • Insurance Expense $860
  • Other Expense $3,600
  • Water Sewer Expense $1,800
  • New Taxes Expense $4,545
  • Gross Income $2,650
  • Net Operating Income $19,015

Additional Features

  • Laundry Facilities
  • Security Service

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,548

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, Dryer
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 0167262010000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 136.90
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • View: Mountain(s)
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Detached Carport, Unassigned
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Dues Paid Monthly, Security
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers On Side
  • Lot Size Sq Ft: 14175.00
  • Price Per Lot Square Foot: 28.01
  • Lot Size Acres: 0.3250

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 660.00
  • Gross Income: 2650.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 860.00
  • Lot Size Area: 14175.0000 Square Feet
  • Net Operating Income: 19015.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Operating Expense: 12785.00
  • Other Expense: 3600.00
  • Other Expense Description: HOA
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4545.00
  • Tax Lot: 17
  • Tax Tract Number: 10141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Jan 18, 2016
Sold by
Leggio Nolan and Leggio Michele
Bought by
M & N Housing Llc
Seller's Agent
Jennifer Lee
Team Spirit Realty, Inc.
Buyer's Agent
Jennifer Lee
Team Spirit Realty, Inc.
List Price
$420,000
Sold Price
$397,000
Premium/Discount to List
-$23,000
-5.48%
Current Estimated Value
$937,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,583
Avg. Annual Appreciation
8.28%

Purchase Details

Listed on
Jul 24, 2015
Closed on
Dec 1, 2015
Sold by
Lee Jennie Chong and Lee Chong Myo
Bought by
Leggio Nolan and Leggio Michele
Seller's Agent
Jennifer Lee
Team Spirit Realty, Inc.
Buyer's Agent
Jennifer Lee
Team Spirit Realty, Inc.
List Price
$420,000
Sold Price
$397,000
Premium/Discount to List
-$23,000
-5.48%

Purchase Details

Closed on
Jul 23, 2003
Sold by
Lee Heung Woo
Bought by
Lee Chong Myo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,700
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Cerda Patricia
Bought by
Lee Chong Myo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,700
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2003
Sold by
Lacey Addie
Bought by
Cerda Patricia

Purchase Details

Closed on
Oct 3, 2002
Sold by
Lacey Addie
Bought by
Cerda Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.89%

Purchase Details

Closed on
Jan 19, 2000
Sold by
Lacey Addie
Bought by
Lacey Addie and Addie Lacey Living Trust

Purchase Details

Closed on
Mar 30, 1999
Sold by
Jackson Cheryll
Bought by
Lacey Addie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
11.25%

Purchase Details

Closed on
Sep 25, 1998
Sold by
California Federal Bank
Bought by
Jackson Cheryll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
10.05%

Purchase Details

Closed on
Jun 5, 1998
Sold by
Polzin Gerald Keith
Bought by
Glendale Federal Bank Fsb
Source: Public Records

Range of Values:

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Average Value
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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
M & N Housing Llc -- None Available
Leggio Nolan $397,000 Ticor Title Company
Lee Chong Myo -- Fidelity National Title
Lee Chong Myo $301,000 Fidelity National Title
Cerda Patricia $170,000 Fidelity National Title
Lacey Addie -- --
Lacey Addie $275,000 First American Title Ins Co
Jackson Cheryll $230,000 Northern Counties Title Ins
Glendale Federal Bank Fsb $114,132 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Chong Myo $210,700
Previous Owner Cerda Patricia $136,000
Previous Owner Lacey Addie $195,500
Previous Owner Jackson Cheryll $149,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $397,000 -5.5% $137 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $420,000 -- $145 / 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 $5,548 $473,518 $118,379 $355,139
2024 $5,548 $464,233 $116,058 $348,175
2023 $5,542 $455,130 $113,782 $341,348
2022 $5,462 $446,206 $111,551 $334,655
2021 $5,561 $437,457 $109,364 $328,093
2020 $5,479 $432,972 $108,243 $324,729
2019 $5,327 $424,483 $106,121 $318,362
2018 $5,195 $416,160 $104,040 $312,120
2017 $5,152 $408,000 $102,000 $306,000
2016 $5,057 $397,000 $100,000 $297,000
2015 $4,580 $356,086 $35,490 $320,596
2014 $4,498 $349,111 $34,795 $314,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15162609

California Regional Multiple Listing Service (CRMLS)

APN: 0167-262-01