NOT LISTED FOR SALE

Estimated Value: $563,000 - $638,000

6 Beds
3 Baths
2,268 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $530,000 $234 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,665/month

29 Days on Market

About This Home

As of October 2022

Triplex! Great income flow if your looking to grown your portfolio or start investing this is your opportunity. Newer Roof on all three units. All units are rented. They are two bedrooms with one bath, kitchen and family room and laundry. Each unit has their own carport. Extra room for parking. Close to grocery stores, shopping centers and more. Do not miss this opportunity!

Last Agent to Sell the Property

Maria Casillas

Intero Real Estate Services License #01359333 Listed on: 08/07/2022

Intero Real Estate Services

Last Buyer's Agent

Don Burns

Residential Group License #01710943

Property Details

Home Type

  • Multi-Family

Year Built

  • 1971

Lot Details

  • 10,001 Sq Ft Lot

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,268 Sq Ft Home
  • 1-Story Property
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Parking

  • 5 Parking Spaces
  • 3 Carport Spaces
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $39,744

Community Details

Overview

Building Details

  • 3 Leased Units
  • Manager Expense $200
  • Utility Expense $232
  • Trash Expense $112
  • Operating Expense $4,647
  • Gross Income $39,744

Property Details

Home Type

Multi-Family

Year Built

1971

Lot Details

0

Listing Details

  • Zoning: Rin.Triplex
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2268
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Kitchen: Countertop - Formica, Exhaust Fan
  • Living Sq Ft: 2268
  • Stories: 1
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Carport, Off-Street Parking
  • Carport Min: 3

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 13.84
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities
  • Expense Management: 200
  • Expenses Total: 4647
  • Expenses Utility: 232
  • Expense Trash: 112
  • Income Annual Gross: 39744.00
  • Income Annual Rental: 39744
  • Income Gross Scheduled: 39744
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance - Repair, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2022
Closed on
Sep 27, 2022
Sold by
Pineda Gabriel
Bought by
Rasberry Sabra L
Seller's Agent
Maria Casillas
Intero Real Estate Services
Buyer's Agent
Don Burns
Residential Group
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%
Views
96
Current Estimated Value
$598,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,206
Avg. Annual Appreciation
3.83%
Original Mortgage
$424,000
Outstanding Balance
$406,037
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$192,169

Purchase Details

Listed on
May 30, 2016
Closed on
Mar 8, 2017
Sold by
Reyna Ma Blanca Frutos
Bought by
Pineda Gabriel
Seller's Agent
Mark Jackson
Valley Brokers on Main
Buyer's Agent
Maria Casillas
Intero Real Estate Services
List Price
$349,950
Sold Price
$349,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$262,462
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Listed on
May 30, 2016
Closed on
Mar 6, 2017
Sold by
Gautreaux Walter C and Gautreaux Karen L
Bought by
Pineda Gabriel
Seller's Agent
Mark Jackson
Valley Brokers on Main
Buyer's Agent
Maria Casillas
Intero Real Estate Services
List Price
$349,950
Sold Price
$349,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,462
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2004
Sold by
Genesis Family Enterprises Inc
Bought by
Gautreaux Walter C and Gautreaux Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2003
Sold by
Gregory Development Co
Bought by
Genesis Family Enterprises Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rasberry Sabra L $530,000 Fidelity National Title
Pineda Gabriel -- Chicago Title Company
Pineda Gabriel $350,000 Chicago Title Company
Gautreaux Walter C $350,000 Chicago Title
Genesis Family Enterprises Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasberry Sabra L $424,000
Previous Owner Pineda Gabriel $262,462
Previous Owner Gautreaux Walter C $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2022 10/06/22 Sold $530,000 -3.6% $234 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/07/2022 08/07/22 For Sale $549,900 +57.1% $242 / Sq Ft
03/20/2017 03/20/17 Sold $349,950 0.0% $157 / Sq Ft View Prior Sale
02/06/2017 02/06/17 Pending -- -- --
05/30/2016 05/30/16 For Sale $349,950 -- $157 / Sq Ft
Source: MLSListings

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 $6,366 $551,412 $223,686 $327,726
2024 $6,080 $540,600 $219,300 $321,300
2023 $6,069 $530,000 $215,000 $315,000
2022 $4,362 $382,773 $125,768 $257,005
2021 $4,103 $375,268 $123,302 $251,966
2020 $4,184 $371,421 $122,038 $249,383
2019 $4,087 $364,140 $119,646 $244,494
2018 $3,891 $357,000 $117,300 $239,700
2017 $4,514 $416,000 $69,000 $347,000
2016 $4,103 $378,000 $62,500 $315,500
2015 $3,425 $315,000 $62,500 $252,500
2014 $3,068 $281,000 $62,500 $218,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81903034

MLSListings

APN: 067-27-09