NOT LISTED FOR SALE

Estimated Value: $2,611,000 - $3,930,016

7 Beds
6 Baths
4,949 Sq Ft
$625/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $2,650,000 $535 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $18,936/month

36 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • 1 Car Attached Garage
  • Encinal Elementary School Rated A
  • Fireplace
  • Walk-In Closet

About This Home

As of September 2021

Come see this centrally located Triplex in a tree lined neighborhood. There are two units in the first building (Unit 1 3BR/2BA enclosed front yard, Unit 2 2BR/2BA) and detached back building is Unit 3 which is 2BR/1.5BA with a private backyard. Between both of the buildings is a 3 car garage which is attached to Unit 3 (rear unit) There is a partial basement storage area which can be converted back to a coin laundry area. Unit 2 and 3 has now been freshly painted.

Last Agent to Sell the Property

Brett Jennings

Real Estate Experts ERA Powered License #70010020 Listed on: 07/15/2021

Real Estate Experts ERA Powered

Last Buyer's Agent

Robert Johnston

Marcus & Millichap License #01853816

Property Details

Home Type

  • Multi-Family

Year Built

  • 1902

Lot Details

  • 7,501 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • On-Street Parking

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 4,949 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Thermostat

Listing and Financial Details

  • Total Actual Rent $102,264

Community Details

Overview

  • 4,949 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $1,240
  • Insurance Expense $3,942
  • Maintenance Expense $7,852
  • Utility Expense $2,139
  • Trash Expense $2,099
  • Operating Expense $42,890
  • Gross Income $102,264

Property Details

Home Type

Multi-Family

Year Built

1902

Lot Details

7,501 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4949
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1902

Interior Features

  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 4949
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Fenced

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Electric, Fireplace, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Green Features

  • Energy Features: Thermostat Controller

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 25.32
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3942
  • Expense Landscape: 1240
  • Expense Maintenance: 7852
  • Expenses Total: 42890
  • Expenses Utility: 2139
  • Expense Trash: 2099
  • Income Annual Gross: 102264.00
  • Income Annual Rental: 102264
  • Income Gross Scheduled: 102264
  • Income Includes: Lease, Rents
  • Meters: Master Electric, Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Accounting/Legal, Fee - Property Tax, Insurance, Loan - Principle & Interest, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 23, 2021
Sold by
Love Harry J and Love Carolyn J
Bought by
Green Charles E and Green Shirley M
Seller's Agent
Brett Jennings
Real Estate Experts ERA Powered
Buyer's Agent
Robert Johnston
Marcus & Millichap
List Price
$2,798,888
Sold Price
$2,650,000
Premium/Discount to List
-$148,888
-5.32%
Current Estimated Value
$3,093,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,504
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Dec 16, 2012
Sold by
Love Harry J and Love Carolyn J
Bought by
Gener Burguillos Kimberly Love and Gener Kimberly Love Burguillos

Purchase Details

Closed on
Mar 11, 2011
Sold by
Love Harry J and Love Carolyn J
Bought by
Love Harry L and Love Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2003
Sold by
Love Harry J and Love Carolyn J
Bought by
Love Harry J and Love Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.62%

Purchase Details

Closed on
Jan 23, 2003
Sold by
Haberfeld Peter A and Haberfeld Susan
Bought by
Love Harry J and Love Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.62%

Purchase Details

Closed on
Sep 7, 2000
Sold by
Bender Dorothy E
Bought by
Haberfeld Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
8.11%

Purchase Details

Closed on
Sep 6, 2000
Sold by
Kanytsky Walter
Bought by
Haberfeld Peter A and Haberfeld Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
8.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Green Charles E $2,650,000 Fidelity National Title Co
Gener Burguillos Kimberly Love -- None Available
Love Harry L -- Old Republic Title Company
Love Harry J -- Old Republic Title Company
Love Harry J -- --
Love Harry J $1,401,500 First American Title Company
Haberfeld Peter A -- Alliance Title
Haberfeld Peter A $1,250,000 Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Love Harry J $295,000
Previous Owner Love Harry J $420,000
Previous Owner Haberfeld Peter A $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold $2,650,000 +2.4% $535 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/13/2021 08/13/21 Price Changed $2,588,888 -7.5% $523 / Sq Ft
07/15/2021 07/15/21 For Sale $2,798,888 -- $566 / Sq Ft
Source: MLSListings

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 $35,987 $2,812,200 $2,069,355 $742,845
2023 $35,987 $2,703,000 $1,989,000 $714,000
2022 $34,299 $2,650,000 $1,950,000 $700,000
2021 $25,867 $1,889,052 $959,320 $929,732
2020 $25,656 $1,869,685 $949,485 $920,200
2019 $25,236 $1,833,027 $930,869 $902,158
2018 $24,618 $1,797,088 $912,618 $884,470
2017 $24,144 $1,761,853 $894,724 $867,129
2016 $23,389 $1,727,310 $877,182 $850,128
2015 $23,056 $1,701,366 $864,007 $837,359
2014 $22,527 $1,668,042 $847,084 $820,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81853632

MLSListings

APN: 061-382-300

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