NOT LISTED FOR SALE

Estimated Value: $811,000 - $924,000

3 Beds
2 Baths
2,870 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 07, 2013

Last sale price $312,000 $109 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $5,191/month

139 Days on Market

Highlights

  • Newly Remodeled
  • Granite Countertops
  • No Heating
  • Contemporary Architecture
  • Vinyl Flooring

About This Home

As of March 2013

New construction never been lived in- No rent control Great for investor or first time buyer- Each unit is upgraded 3 bedrooms 2 bathrooms Formal L.R, D.R, Kitchen with maple cabinets and granite separate laundry area in each unit, upgraded carpet. 2 car attached garage plus 2 car carport. Accents around doors and windows. Easy to show Offer subject to interior inspections or call listing agent Seller states rents should be $1800 per unit.

Last Agent to Sell the Property

Steve C Roberson

Steve C Roberson License #00921349 Listed on: 09/11/2012

Co-Listed By

Jeff Worthy

Worthy Properties License #01858863

Last Buyer's Agent

Linda Cabourne

Century 21 My Real Estate License #01879288

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,912

Year Built

  • Built in 2011 | Newly Remodeled

Lot Details

  • 7,461 Sq Ft Lot
  • Property fronts an alley

Parking

  • Carport

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,870 Sq Ft Home
  • Vinyl Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating

Community Details

  • 2 Units
  • Gross Income $43,200

Listing and Financial Details

  • Legal Lot and Block 55 / Q
  • Assessor Parcel Number 6067019039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,912

Year Built

Built in 2011 | Newly Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Road Frontage Type: Alley
  • View: No
  • Zoning: R2
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 6067019039
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Flooring: Vinyl
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 108.71

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Carport

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7461.00
  • Lot Size Acres: 0.1710

Multi Family

  • Gross Income: 43200.00
  • Gross Multiplier: 7.35
  • Gross Scheduled Income: 43500.00
  • Number Of Units Total: 2
  • Number With Carpet: 2

Tax Info

  • Tax Area: 1276
  • Tax Block: Q
  • Tax Lot: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2012
Closed on
Feb 20, 2013
Sold by
Oconnor Gary Paul and The Money Market Retirement Tr
Bought by
Lechuga Luis Miguel
Seller's Agent
Steve C Roberson
Steve C Roberson
Buyer's Agent
Linda Cabourne
Century 21 My Real Estate
List Price
$164,950
Sold Price
$312,000
Premium/Discount to List
$147,050
89.15%
Current Estimated Value
$862,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,216
Avg. Annual Appreciation
8.49%
Original Mortgage
$234,000
Outstanding Balance
$164,647
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$697,569

Purchase Details

Closed on
Nov 12, 2009
Sold by
Bravo Herman
Bought by
The Money Market Retirement Trust

Purchase Details

Closed on
Jul 30, 2007
Sold by
Cooperation Capital Group Inc
Bought by
Bravo Herman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2007
Sold by
Lemoine Gordon
Bought by
Cooperation Capital Group Inc

Purchase Details

Closed on
Feb 2, 2007
Sold by
Brodie Michael A
Bought by
Cooperation Capital Group Inc

Purchase Details

Closed on
Jan 31, 2007
Sold by
Webster William E
Bought by
Cooperation Capital Group Inc

Purchase Details

Closed on
Jan 24, 2007
Sold by
Wehner David R
Bought by
Lemoine Gordon S
Source: Public Records

Range of Values:

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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
Lechuga Luis Miguel $312,000 Fidelity National Title Co
The Money Market Retirement Trust $384,843 Servicelink
Bravo Herman $175,000 Southland Title
Cooperation Capital Group Inc -- None Available
Lemoine Gordon -- None Available
Cooperation Capital Group Inc -- None Available
Cooperation Capital Group Inc -- None Available
Lemoine Gordon S $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lechuga Luis Miguel $234,000
Previous Owner The Money Market Retirement Trust $40,000
Previous Owner Oconnor Gary Paul $150,000
Previous Owner Bravo Herman $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2013 03/07/13 Sold $312,000 +89.1% $109 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
09/11/2012 09/11/12 For Sale $164,950 -- $57 / 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 $5,912 $384,192 $172,394 $211,798
2024 $5,912 $376,660 $169,014 $207,646
2023 $5,651 $369,275 $165,700 $203,575
2022 $5,412 $362,035 $162,451 $199,584
2021 $5,341 $354,937 $159,266 $195,671
2019 $5,190 $344,411 $154,543 $189,868
2018 $5,028 $337,659 $151,513 $186,146
2016 $4,801 $324,550 $145,631 $178,919
2015 $4,732 $319,676 $143,444 $176,232
2014 $4,736 $313,415 $140,635 $172,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1204817

California Regional Multiple Listing Service (CRMLS)

APN: 6067-019-039