NOT LISTED FOR SALE
2 Beds
1 Bath
3,000 Sq Ft
1970 Built

Last Sold April 11, 2017

Last sale price $225,000 $75 Per Sq Ft

5 Days on Market

About This Home

As of April 2017

4 UNITS NO VACANCIES. $2150 CURRENT GROSS INCOME. RENTS ARE BELOW CURRENT MARKET, BUT THE TENNANTS HAVE BEEN THERE LONG TERM. DON'T MISS THIS OPPORTUNITY!

Last Agent to Sell the Property

Jerry Shewey

Shewey Realty, Inc. License #01236864 Listed on: 03/03/2017

Last Buyer's Agent

Jerry Shewey

Shewey Realty, Inc. License #01236864 Listed on: 03/03/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 7,501 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 3,000 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Parking Available
  • Unassigned Parking

Location

  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 031312015000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Gardener Expense $858
  • Insurance Expense $726
  • Water Sewer Expense $3,756
  • New Taxes Expense $2,450
  • Operating Expense $7,100
  • Net Operating Income $25,163

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3756.00
  • Zoning: R-3-1.5
  • Property Type: Residential Income
  • Gardener Expense: 858.00
  • Parcel Number: 031312015000
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 75.00

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7501.00

Multi Family

  • Gross Scheduled Income: 25800.00
  • Insurance Expense: 726.00
  • Net Operating Income: 25163.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 4
  • Operating Expense: 6374.00
  • Rent Control: No
  • Total Expenses: 7100.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 2450.00
  • Tax Census Tract: 15.02
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2017 04/11/17 Sold $225,000 0.0% $75 / Sq Ft
03/09/2017 03/09/17 Price Changed $225,000 +2.3% $75 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $220,000 -- $73 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,760 $260,901 $46,420 $214,481
2024 $2,760 $255,813 $45,510 $210,303
2023 $2,724 $250,965 $44,618 $206,347
2022 $2,687 $245,936 $43,744 $202,192
2021 $2,681 $241,142 $42,887 $198,255
2020 $2,701 $238,685 $42,448 $196,237
2019 $2,661 $234,033 $41,616 $192,417
2018 $2,429 $229,472 $40,800 $188,672
2017 $1,281 $113,465 $5,953 $107,512
2016 $1,262 $111,261 $5,837 $105,424
2015 $1,242 $109,606 $5,750 $103,856
2014 $1,216 $107,480 $5,638 $101,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC17043738

California Regional Multiple Listing Service (CRMLS)
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