NOT LISTED FOR SALE

Estimated Value: $942,000 - $1,137,652

7 Beds
4 Baths
3,240 Sq Ft
$312/Sq Ft Est. Value

Last Sold July 15, 2014

Last sale price $516,589 $159 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,056/month

17 Days on Market

About This Home

As of July 2014

Property features a 3 bed/2 bath downstairs with 2 additional units upstairs that have 2 bed/1 bath. There are 4 enclosed garage parking with open space parking in the rear. All units have their own water heater. Each tenant pays for Gas and Electric. Each unit has W/D hookups in the garages. Property is located on a Cul-De-Sac just off Mountain Ave. Unit A leave opportunity for new owner to raise rents or for a beginning investor looking to live in one and have additional income to pay the mortgage. Do not walk on property or talk to tenants. Unaware of sale.

Last Agent to Sell the Property

Carlos Skubacz

RE/MAX 2000 License #01474295 Listed on: 06/16/2014

RE/MAX 2000

Co-Listed By

Judy Lee

EXP REALTY OF CALIFORNIA INC License #01857034

Last Buyer's Agent

Alex Teng

Dynasty Realty License #01026730

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,762

Year Built

  • Built in 1979

Lot Details

  • 7,424 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 17
  • Assessor Parcel Number 1011541170000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $420
  • Insurance Expense $990
  • Maintenance Expense $600
  • Water Sewer Expense $3,300
  • New Taxes Expense $6,238
  • Gross Income $3,100
  • Net Operating Income $25,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,762

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.14
  • Property Attached: Yes
  • Water Sewer Expenses: 3300.00
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 1011541170000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 159.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7424.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3100.00
  • Gross Multiplier: 13.41
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 990.00
  • Lot Size Area: 7424.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 25653.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 11548.00
  • Rent Control: No
  • Total Actual Rent: 3100.00

Tax Info

  • New Taxes Expense: 6238.00
  • Tax Lot: 20
  • Tax Tract Number: 17
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jun 26, 2014
Sold by
Florendo Alfredo J
Bought by
Teng Alex Y and Chen Leanne Mei Ling
Seller's Agent
Carlos Skubacz
RE/MAX 2000
Buyer's Agent
Alex Teng
Dynasty Realty
List Price
$500,000
Sold Price
$516,589
Premium/Discount to List
$16,589
3.32%
Current Estimated Value
$1,009,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,324
Avg. Annual Appreciation
6.21%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Teng Alex Y $517,000 Advantage Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Florendo Alfredo J $220,500
Previous Owner Florendo Alfredo J $168,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2014 07/15/14 Sold $516,589 +3.3% $159 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $500,000 -- $154 / 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 $6,762 $620,863 $216,334 $404,529
2024 $6,762 $608,689 $212,092 $396,597
2023 $6,574 $596,754 $207,933 $388,821
2022 $6,487 $585,053 $203,856 $381,197
2021 $6,447 $573,582 $199,859 $373,723
2020 $6,335 $567,701 $197,810 $369,891
2019 $6,282 $556,569 $193,931 $362,638
2018 $6,196 $545,655 $190,128 $355,527
2017 $5,976 $534,956 $186,400 $348,556
2016 $3,283 $295,285 $69,935 $225,350
2015 $3,261 $290,850 $68,885 $221,965
2014 $3,162 $285,153 $67,536 $217,617
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14122257

California Regional Multiple Listing Service (CRMLS)

APN: 1011-541-17