NOT LISTED FOR SALE

Estimated Value: $644,000 - $691,000

4 Beds
2 Baths
1,200 Sq Ft
$553/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $585,000 $488 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,047/month

63 Days on Market

Highlights

  • Attached Guest House
  • Traditional Architecture
  • No HOA
  • Centennial High School Rated A-
  • Private Yard
  • 4-minute walk to City Park

About This Home

As of March 2022

Awesome Location!! This R2 Adobe Style property is an investors dream come true. Large oversized lot, with lots of parking and storage. The front unit has been updated with a new kitchen, and features its own living room, two nice size bedrooms, and a full bathroom. The back house, has 2 bedrooms, 1 bath, large living room, kitchen and an oversized den that could be used as a third bedroom. Great for a business or someone looking to have a an income producing property.
Unit 1: Front unit - 2 Beds, 1 Bath, Approx. 750SqFt, Wall AC, Stove/Oven, 2 Front Parking Spaces - Current Rent: $1350/Month
Unit 2: Back unit - 2 Beds, 1 Bath, Approx. 1200SqFt, Central AC, Stove/Oven, 4+ Side Parking - Current Rent: $1650/Month

Last Agent to Sell the Property

Veronica Lee

Coldwell Banker Realty License #01832103 Listed on: 11/19/2021

Coldwell Banker Realty

Last Buyer's Agent

Norma Maldonado

Value Star Real Estate License #02124335

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,825

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Private Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Awning
  • Vinyl Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Private Parking
  • Combination Of Materials Used In The Driveway
  • Gravel Driveway
  • Driveway Level
  • Unpaved Parking
  • Paved Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Two Homes on a Lot
  • Attached Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 2
  • Tax Tract Number 41600
  • Assessor Parcel Number 117290037
  • $71 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Maintenance Expense $1,500
  • Trash Expense $100
  • Water Sewer Expense $1,400
  • New Taxes Expense $6,540
  • Operating Expense $11,340
  • Gross Income $36,000
  • Net Operating Income $24,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,825

Year Built

Built in 1947 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 289000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1400.00
  • Zoning: R2
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 117290037
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 487.50
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Guest House, Guest House Attached, Storage, Two On A Lot
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop, Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Frame, Glass, Steel, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Driveway - Combination, Gravel, Paved, Unpaved, Driveway Level, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Water Heater
  • Electric: Standard
  • Heating Type: Central, Electric, Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6970.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 24660.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 11340.00
  • Rent Control: No
  • Total Expenses: 11340.00

Tax Info

  • New Taxes Expense: 6540.00
  • Tax Census Tract: 416.00
  • Tax Lot: 2
  • Tax Tract Number: 041600
  • TaxOtherAnnualAssessmentAmount: 71.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Mar 3, 2022
Sold by
Hill Eric M and Hill Maria J
Bought by
Osorio Jipto Rodolfo Lope and Trinidad Nery Flores
Seller's Agent
Veronica Lee
Coldwell Banker Realty
Buyer's Agent
Norma Maldonado
Value Star Real Estate
List Price
$578,000
Sold Price
$585,000
Premium/Discount to List
$7,000
1.21%
Current Estimated Value
$663,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,174
Avg. Annual Appreciation
3.50%
Original Mortgage
$574,404
Outstanding Balance
$535,269
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$127,905

Purchase Details

Closed on
Feb 12, 2019
Sold by
Contreras Rebecca L
Bought by
Hill Eric M and Hill Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2016
Sold by
Johnson Michael Cruz
Bought by
Contreras Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,074
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2005
Sold by
Revx 315 Inc
Bought by
Thomson John E

Purchase Details

Closed on
Jun 10, 2005
Sold by
Johnson Eva B and Rodriguez Joseph J
Bought by
Revx 315 Inc

Purchase Details

Closed on
Mar 28, 1997
Sold by
Johnson Eva B
Bought by
Johnson Eva B and Rodriguez Joseph J
Source: Public Records

Range of Values:

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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
Osorio Jipto Rodolfo Lope $585,000 None Listed On Document
Hill Eric M $307,000 Lawyers Title
Contreras Rebecca L $185,000 First American Title Company
Thomson John E -- First American Title Company
Revx 315 Inc -- --
Johnson Eva B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osorio Jipto Rodolfo Lope $574,404
Previous Owner Hill Eric M $230,250
Previous Owner Contreras Rebecca L $106,074
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2022 03/03/22 Sold $585,000 +1.2% $488 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $578,000 -1.2% $482 / Sq Ft
12/28/2021 12/28/21 Off Market $585,000 -- --
12/23/2021 12/23/21 Price Changed $578,000 -0.2% $482 / Sq Ft
11/19/2021 11/19/21 For Sale $579,000 +88.6% $483 / Sq Ft
04/22/2019 04/22/19 Sold $307,000 0.0% $256 / Sq Ft View Prior Sale
01/22/2019 01/22/19 Off Market $307,000 -- --
01/20/2019 01/20/19 For Sale $299,000 -2.6% $249 / Sq Ft
01/16/2019 01/16/19 Off Market $307,000 -- --
11/18/2018 11/18/18 For Sale $299,000 -2.6% $249 / Sq Ft
11/08/2018 11/08/18 Off Market $307,000 -- --
10/24/2018 10/24/18 For Sale $299,000 -- $249 / 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 $6,825 $620,806 $79,590 $541,216
2023 $6,825 $596,700 $76,500 $520,200
2022 $3,679 $322,709 $78,837 $243,872
2021 $3,606 $316,383 $77,292 $239,091
2020 $3,567 $313,140 $76,500 $236,640
2019 $2,964 $260,100 $72,828 $187,272
2018 $2,898 $255,000 $71,400 $183,600
2017 $2,828 $250,000 $70,000 $180,000
2016 $218 $20,368 $5,403 $14,965
2015 $214 $20,065 $5,323 $14,742
2014 $209 $19,674 $5,220 $14,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21247752

California Regional Multiple Listing Service (CRMLS)

APN: 117-290-037