NOT LISTED FOR SALE

Estimated Value: $1,568,000 - $1,990,000

5 Beds
3 Baths
3,621 Sq Ft
$486/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2022

Last sale price $1,650,000 $456 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,690 / mo

132 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Forced Air Heating System
  • Borel Middle School Rated A-
  • 3 Car Detached Garage
  • Washer and Dryer

About This Home

As of January 2022

This is a wonderful opportunity for an investor, family or friends that want to live on the peninsula and own a piece of property that is challenging at todays prices. Each unit has a private garage with washer and dryer. There are two, 2 bedrooms one bath and one, 1 bedroom one bath. The tenants have all lived here for years and the rents are under market.

Last Agent to Sell the Property

Sally Navarro

A.V.R. Realty, Inc. License #01003888 Listed on: 08/02/2021

Last Buyer's Agent

Maryann Ernst

KW Advisors License #01758548

KW Advisors

Property Details

Home Type

  • Multi-Family

Year Built

  • 1951

Lot Details

  • 7,292 Sq Ft Lot
  • Irrigation

Parking

  • 3 Car Detached Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 3,621 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $70,700

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $5,729
  • Maintenance Expense $2,827
  • Manager Expense $4,242
  • Utility Expense $2,086
  • Trash Expense $1,956
  • Operating Expense $25,665
  • Gross Income $70,700

Property Details

Home Type

Multi-Family

Year Built

1951

Lot Details

7,292 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: RM0000
  • Subclass: Triplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3621
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Kitchen: Countertop - Granite, Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 3621
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Composition
  • Construction Type: Masonry

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1674
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7290.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7290.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 25.39
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 5729
  • Expense Landscape: 1800
  • Expense Maintenance: 2827
  • Expense Management: 4242
  • Expenses Total: 25665
  • Expenses Utility: 2086
  • Expense Trash: 1956
  • Income Annual Gross: 70700.00
  • Income Annual Rental: 70700
  • Income Gross Scheduled: 70700
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Fee - Rent/Lease, Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2023
Sold by
Bought by
Current Estimated Value
$1,761,285

Purchase Details

Listed on
Aug 2, 2021
Closed on
Jan 24, 2022
Sold by
Bought by
Seller's Agent
Sally Navarro
A.V.R. Realty, Inc.
Buyer's Agent
Maryann Ernst
KW Advisors
List Price
$1,995,000
Sold Price
$1,650,000
Premium/Discount to List
-$345,000
-17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%
Original Mortgage
$650,000
Interest Rate
0.0322%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2021
Sold by
Bought by

Purchase Details

Closed on
Jan 24, 2017
Sold by
Bought by

Purchase Details

Closed on
May 31, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
0.0384%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
0.0692%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,650,000 New Title Company Name
-- None Listed On Document
-- None Available
-- Old Republic Title Company
-- Old Republic Title Company
$685,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Previous Owner $650,000
Previous Owner $229,000
Previous Owner $262,000
Previous Owner $285,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/26/2022 01/26/22 Sold $1,650,000 -8.1% $456 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/03/2021 12/03/21 Price Changed $1,795,000 -10.0% $496 / Sq Ft
08/02/2021 08/02/21 For Sale $1,995,000 -- $551 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,229 $1,750,992 $1,273,449 $477,543
2023 $23,391 $1,867,662 $1,123,861 $743,801
2022 $15,197 $972,641 $759,660 $212,981
2021 $15,283 $953,570 $744,765 $208,805
2020 $14,526 $943,793 $737,129 $206,664
2019 $14,050 $925,288 $722,676 $202,612
2018 $13,390 $907,146 $708,506 $198,640
2017 $11,811 $889,360 $694,614 $194,746
2016 $11,926 $871,923 $680,995 $190,928
2015 $11,481 $858,827 $670,766 $188,061
2014 $10,887 $842,005 $657,627 $184,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81856472

MLSListings

APN: 033-306-120

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