NOT LISTED FOR SALE

Estimated Value: $1,753,508

3 Beds
2 Baths
2,102 Sq Ft
$834/Sq Ft Est. Value

Last Sold October 11, 2012

Last sale price $688,000 $327 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $10,579/month

21 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Bungalow
  • Emma W. Shuey Elementary School Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of October 2012

Great mixed use property with tremendous upside. Front unit is currently leased as a beauty salon (business not available for sale), middle unit (1116 1/2) is a two bedroom and one bath home with yard and covered patio; and back unit (1116A) is a one bedroom and one bath home with yard and gazebo.There's also a garage, with a laundry room for the middle home and the rest is used for storage. There is tandem parking for four cars in front of the garage, for the two residential units. Salon has newer forced air heat and central air conditioning and the two units have window/wall air conditioning units. Except for garage, all three units have newer roofs. The two residential units are totally fenced. There are leases in place for all three units. Please see additional comments.

Last Agent to Sell the Property

Emily Duggan

Century 21 Village Realty License #01050137 Listed on: 09/14/2012

Last Buyer's Agent

Rita Chao

Wetrust Realty License #01488547

Wetrust Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,739

Year Built

  • Built in 1959

Lot Details

  • 7,544

Home Design

  • 2,102 Sq Ft Home
  • Bungalow
  • Frame Construction
  • Asphalt Roof
  • Stucco

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Additional Features

  • Laundry Room
  • 7,544 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 008
  • Tax Tract Number 5372
  • Assessor Parcel Number 5372003008

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $3,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,739

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: Yes
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5372003008
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Carpet, Vinyl
  • Levels: One
  • Price Per Square Foot: 327.31

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Common Area
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7544.00
  • Lot Size Acres: 0.1730

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3550.00
  • Gross Scheduled Income: 3550.00
  • Lot Size Area: 7544.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number Wall A C: 2
  • Number With Disposal: 2
  • Rent Control: No
  • Total Actual Rent: 3550.00

Tax Info

  • Tax Lot: 008
  • Tax Tract Number: 5372
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2012
Closed on
Sep 25, 2012
Sold by
Catanese Anthony J and Catanese Maria Teresa
Bought by
Guo Lihua and Chao Chun Mei
Seller's Agent
Emily Duggan
Century 21 Village Realty
Buyer's Agent
Rita Chao
Wetrust Realty
List Price
$679,000
Sold Price
$688,000
Premium/Discount to List
$9,000
1.33%
Current Estimated Value
$1,753,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,065,508
Avg. Annual Appreciation
7.38%
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
Guo Lihua $688,000 North American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2012 10/11/12 Sold $688,000 +1.3% $327 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $679,000 -- $323 / 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 $11,739 $847,213 $615,709 $231,504
2024 $11,739 $830,602 $603,637 $226,965
2023 $11,766 $814,316 $591,801 $222,515
2022 $11,379 $798,350 $580,198 $218,152
2021 $11,245 $782,697 $568,822 $213,875
2020 $11,025 $774,672 $562,990 $211,682
2019 $11,052 $759,483 $551,951 $207,532
2018 $10,615 $744,592 $541,129 $203,463
2016 $10,118 $715,680 $520,117 $195,563
2015 $10,115 $704,931 $512,305 $192,626
2014 $9,883 $691,123 $502,270 $188,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12115345

California Regional Multiple Listing Service (CRMLS)

APN: 5372-003-008