NOT LISTED FOR SALE

1114 Victory Ln Unit E Concord, CA 94520

Shamrock Corners Neighborhood

Estimated Value: $946,000 - $1,368,000

7 Beds
-- Bath
3,252 Sq Ft
$349/Sq Ft Est. Value

Last Sold March 26, 2012

Last sale price $350,000 $108 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $6,466/month

1 Day on Market

Highlights

  • Neighborhood Views
  • Carpet
  • 2-minute walk to Cambridge Park
  • Level Lot

About This Home

As of March 2012

Great opportunity to own investment property

Last Agent to Sell the Property

Guillermo Reyes

Corcoran Icon Properties License #01333452 Listed on: 02/09/2012

Corcoran Icon Properties

Last Buyer's Agent

Guillermo Reyes

Corcoran Icon Properties License #01333452 Listed on: 02/09/2012

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1971

Lot Details

  • Level Lot

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,252 Sq Ft Home
  • Carpet
  • Neighborhood Views

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $40,200
  • The owner pays for garbage

Community Details

Overview

  • 3,252 Sq Ft Building

Building Details

  • Insurance Expense $1,600
  • Maintenance Expense $1,000
  • Utility Expense $1,226
  • Trash Expense $1,396
  • Operating Expense $11,533
  • Gross Income $40,200

Property Details

Home Type

Multi-Family

Year Built

1971

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Zoning: M2.5
  • Subclass: Triplex
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 107.63
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 3252
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Living Sq Ft: 3252
  • Laundry: Washer/Dryer - Leased Coin-Op
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8276.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8276.00
  • Lot Size Area Min Search: 8276.00
  • Maximum Lot Size: 8276.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 9.45

Multi Family

  • Expense Insurance: 1600
  • Expense Maintenance: 1000
  • Expenses Total: 11533
  • Expenses Utility: 1226
  • Expense Trash: 1396
  • Expense Water Sewer: 566
  • Income Annual Gross: 40200.00
  • Income Annual Rental: 40200
  • Income Gross Scheduled: 40200
  • Income Includes: Lease
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Garbage
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2012
Closed on
Mar 9, 2012
Sold by
Campos Refugio and Campos Bertha
Bought by
Xue Ying and Zheng Weimin
Seller's Agent
Guillermo Reyes
Corcoran Icon Properties
Buyer's Agent
Guillermo Reyes
Corcoran Icon Properties
List Price
$380,000
Sold Price
$350,000
Premium/Discount to List
-$30,000
-7.89%
Current Estimated Value
$1,134,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$784,333
Avg. Annual Appreciation
8.79%
Original Mortgage
$243,750
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1999
Sold by
Martinez Harold & Blanche Tre
Bought by
Young Bruce and Nohemi Young G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Xue Ying $350,000 Fidelity National Title Co
Young Bruce $275,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xue Ying $243,750
Previous Owner Young Bruce $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2012 03/26/12 Sold $350,000 -7.9% $108 / Sq Ft
02/10/2012 02/10/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $380,000 -- $117 / 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 $7,683 $439,607 $188,401 $251,206
2024 $7,224 $430,988 $184,707 $246,281
2023 $7,224 $422,538 $181,086 $241,452
2022 $7,054 $414,254 $177,536 $236,718
2021 $6,822 $406,132 $174,055 $232,077
2019 $6,645 $394,089 $168,894 $225,195
2018 $6,327 $386,363 $165,583 $220,780
2017 $6,064 $378,788 $162,337 $216,451
2016 $5,830 $371,361 $159,154 $212,207
2015 $5,667 $365,784 $156,764 $209,020
2014 $5,476 $358,620 $153,694 $204,926
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Guillermo Reyes

    Corcoran Icon Properties

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Map

Source: MLSListings

MLS Number: ML81205132

MLSListings

APN: 128-270-044-0

California Contra Costa County Concord 94520 Shamrock Corners

1114 Victory Ln Unit E, Concord, CA

Not Listed for Sale

MultiFamily

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