NOT LISTED FOR SALE

Estimated Value: $1,148,000 - $1,455,000

5 Beds
3 Baths
2,626 Sq Ft
$488/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $899,900 $343 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,143/month

121 Days on Market

Highlights

  • 14,089 Sq Ft lot
  • 2 Car Direct Access Garage
  • Cooling Available
  • Arroyo High School Rated A-
  • Fireplace
  • Laundry Room

About This Home

As of August 2018

THE PROPERTY LOCATION IS VERY CLOSE TO SCHOOLS, RESTAURANTS, SHOPPING CENTERS AND FREEWAYS. IT IS THREE BEAUTIFUL UNITS, EACH WITH PARKING SPACES.TRIPLEX(conventional loan] new granite counter tops - new cabinets - new carpet- new garage door- entire remodeled through out all three units.

Last Agent to Sell the Property

MARIA AGRAMON

ESTEBAN MORENO, BROKER License #01215393 Listed on: 02/11/2018

Last Buyer's Agent

MARIA AGRAMON

ESTEBAN MORENO, BROKER License #01215393 Listed on: 02/11/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,873

Year Built

  • Built in 1946

Lot Details

  • 0.32 Acre Lot
  • No Common Walls
  • Partially Fenced Property
  • Block Wall Fence
  • Manual Sprinklers System

Parking

  • 2 Car Direct Access Garage
  • Attached Carport
  • Parking Available
  • Driveway
  • Parking Lot

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,626 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Outdoor Storage
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, telephone
  • Tax Lot 7
  • Tax Tract Number 11530
  • Assessor Parcel Number 8570008023

Community Details

Overview

  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $2,100
  • Insurance Expense $800
  • Maintenance Expense $800
  • Trash Expense $1,000
  • New Taxes Expense $1,250
  • Operating Expense $5,850
  • Gross Income $51,510
  • Net Operating Income $51,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,873

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • CapRate: 2.00
  • Property Attached: No
  • Zoning: EMR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8570008023
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 342.69

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Block, Partial
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Direct Garage Access, Driveway, Garage, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s)
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Sprinkler System, Sprinklers Manual
  • Lot Size Sq Ft: 14089.00

Rental Info

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

Multi Family

  • Electric Expense: 2100.00
  • Gross Income: 51510.00
  • Gross Scheduled Income: 57360.00
  • Insurance Expense: 800.00
  • Maintenance Expense: 800.00
  • Net Operating Income: 51510.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 5850.00
  • Rent Control: No
  • Total Expenses: 5850.00

Tax Info

  • New Taxes Expense: 1250.00
  • Tax Census Tract: 4324.01
  • Tax Lot: 7
  • Tax Tract Number: 11530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2019
Sold by
Lay Tan Gia and Lay Tran Thien
Bought by
Truong Jacky and Lay Tran Thien
Current Estimated Value
$1,282,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Outstanding Balance
$470,662
Interest Rate
3.6%
Estimated Equity
$811,577

Purchase Details

Listed on
Feb 11, 2018
Closed on
Jul 20, 2018
Sold by
Dong Phoung Thanh
Bought by
Lay Tan Gia
Seller's Agent
MARIA AGRAMON
ESTEBAN MORENO, BROKER
Buyer's Agent
MARIA AGRAMON
ESTEBAN MORENO, BROKER
List Price
$980,000
Sold Price
$899,900
Premium/Discount to List
-$80,100
-8.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$569,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2018
Closed on
Jun 15, 2018
Sold by
Camarena Ermalinda
Bought by
Lay Tan Gia and Lay Tran Thien
Seller's Agent
MARIA AGRAMON
ESTEBAN MORENO, BROKER
Buyer's Agent
MARIA AGRAMON
ESTEBAN MORENO, BROKER
List Price
$980,000
Sold Price
$899,900
Premium/Discount to List
-$80,100
-8.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2015
Sold by
Inland Empire Investment Realty Inc
Bought by
Camarena Ermalinda

Purchase Details

Closed on
Jun 11, 2015
Sold by
Camarena Ermalinda
Bought by
Inland Empire Investment Realty Inc

Purchase Details

Closed on
Apr 11, 2015
Sold by
Banuelos Ermalinda and Escobedo Manuela
Bought by
Camarena Ermalinda

Purchase Details

Closed on
Jan 30, 2012
Sold by
Escobedo Manuela
Bought by
Banuelos Ermalinda

Purchase Details

Closed on
Dec 16, 2011
Sold by
Banuelos Ermalinda
Bought by
Banuelos Ermalinda and Escobedo Manuela

Purchase Details

Closed on
May 8, 2006
Sold by
Banuelos Ermalinda
Bought by
Banuelos Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 9, 2000
Sold by
Camarena Rosalva
Bought by
Duran Alvaro and Duran Martha

Purchase Details

Closed on
Sep 1, 1999
Sold by
Camarena Rosalva
Bought by
Banuelos Daniel and Banuelos Ermalinda

Purchase Details

Closed on
Nov 22, 1993
Sold by
Camarena Rosalva and Camarena Roberto
Bought by
Camarena Rosalva
Source: Public Records

Range of Values:

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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
Truong Jacky -- First American Title Company
Lay Tan Gia -- Lawyers Title La
Lay Tran Thien -- Lawyers Title La
Lay Tan Gia $900,000 Lawyers Title
Camarena Ermalinda -- None Available
Inland Empire Investment Realty Inc -- None Available
Camarena Ermalinda -- None Available
Banuelos Ermalinda -- None Available
Banuelos Ermalinda -- None Available
Banuelos Daniel -- Stewart Title
Duran Alvaro -- --
Banuelos Daniel -- --
Camarena Rosalva -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Jacky $535,000
Previous Owner Lay Tan Gia $569,900
Previous Owner Banuelos Daniel $595,000
Previous Owner Banuelos Daniel $280,000
Previous Owner Banuelos Daniel $57,677
Previous Owner Banuelos Daniel $15,000
Previous Owner Banuelos Daniel $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold $899,900 0.0% $343 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
06/01/2018 06/01/18 Price Changed $899,900 -2.2% $343 / Sq Ft
05/25/2018 05/25/18 Price Changed $919,800 +2.3% $350 / Sq Ft
02/20/2018 02/20/18 Price Changed $899,000 -8.3% $342 / Sq Ft
02/11/2018 02/11/18 For Sale $980,000 +226.7% $373 / Sq Ft
08/27/2012 08/27/12 Sold $300,000 0.0% $114 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $300,000 -- $114 / 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 $13,873 $1,003,963 $669,309 $334,654
2024 $13,873 $984,279 $656,186 $328,093
2023 $13,600 $964,980 $643,320 $321,660
2022 $13,096 $946,059 $630,706 $315,353
2021 $13,278 $927,510 $618,340 $309,170
2020 $13,241 $918,000 $612,000 $306,000
2019 $13,551 $900,000 $600,000 $300,000
2018 $11,591 $764,694 $520,200 $244,494
2017 $11,349 $749,700 $510,000 $239,700
2016 $10,420 $685,293 $456,862 $228,431
2015 $1,771 $73,623 $35,974 $37,649
2014 $1,743 $72,182 $35,270 $36,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18032837

California Regional Multiple Listing Service (CRMLS)

APN: 8570-008-023