NOT LISTED FOR SALE

Estimated Value: $1,150,000 - $1,297,000

8 Beds
8 Baths
3,600 Sq Ft
$341/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $475,000 $132 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $7,219/month

5 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • 4 Attached Carport Spaces

About This Home

As of March 2013

STANDARD SALE! This is a great investment opportunity. New copper plumbing throughout building installed last year, 3 units have fireplaces, all four units have indoor laundry hookups and are close to shopping center and schools. This property has a steel roof and the roof is guaranteed for 50 years.

Last Agent to Sell the Property

Nancy Loop

1st Premier Realty License #00801611 Listed on: 12/28/2012

Last Buyer's Agent

Suzi Wexler

Bottomline Realty and Investm. License #01046506

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,444

Year Built

  • Built in 1960

Lot Details

  • 7,992 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 3,600 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • 4 Attached Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 2287
  • Assessor Parcel Number 110072005

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $340
  • Insurance Expense $1,944
  • Trash Expense $1,300
  • Water Sewer Expense $3,800
  • New Taxes Expense $5,940
  • Gross Income $3,420
  • Net Operating Income $37,390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,444

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Other Phone Description: Sue Turner
  • Other Phone Number: 909-731-1495
  • Property Attached: Yes
  • Water Sewer Expenses: 3800.00
  • Property Type: Residential Income
  • Parcel Number: 110072005
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Fireplace Features: Living Room
  • Price Per Square Foot: 131.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Attached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside
  • Trash Expense: 1300.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7992.00
  • Lot Size Acres: 0.1830

Multi Family

  • Electric Expense: 340.00
  • Gross Income: 3420.00
  • Gross Scheduled Income: 41040.00
  • Insurance Expense: 1944.00
  • Lot Size Area: 7992.0000 Square Feet
  • Net Operating Income: 37390.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 2150.00
  • Rent Control: No
  • Vacancy Allowance: 1500

Tax Info

  • New Taxes Expense: 5940.00
  • Tax Lot: 6
  • Tax Tract Number: 2287
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2020
Sold by
Tutty John Edward
Bought by
Tutty John Edward
Current Estimated Value
$1,226,424

Purchase Details

Listed on
Dec 28, 2012
Closed on
Mar 7, 2013
Sold by
Peterson Peter F and Peterson De Loris J
Bought by
Tutty John and Tutty Juliann
Seller's Agent
Nancy Loop
1st Premier Realty
Buyer's Agent
Suzi Wexler
Bottomline Realty and Investm.
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$200,000
Outstanding Balance
$141,785
Interest Rate
3.49%
Mortgage Type
Commercial
Estimated Equity
$1,084,639
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
Tutty John Edward -- None Available
Tutty John $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tutty John $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $475,000 0.0% $132 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $475,000 -- $132 / 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 $6,444 $584,916 $96,045 $488,871
2023 $6,444 $562,205 $92,316 $469,889
2022 $6,241 $551,182 $90,506 $460,676
2021 $6,118 $540,376 $88,732 $451,644
2020 $6,051 $534,836 $87,823 $447,013
2019 $5,911 $524,350 $86,101 $438,249
2018 $5,779 $514,069 $84,414 $429,655
2017 $5,638 $503,990 $82,759 $421,231
2016 $5,583 $494,109 $81,137 $412,972
2015 $5,462 $486,689 $79,919 $406,770
2014 $5,263 $477,156 $78,354 $398,802
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG12154714

California Regional Multiple Listing Service (CRMLS)

APN: 110-072-005