NOT LISTED FOR SALE

Estimated Value: $972,000 - $1,226,000

4 Beds
4 Baths
2,188 Sq Ft
$515/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $1,140,000 $521 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,104/month

33 Days on Market

Highlights

  • Solar Power System
  • Property is near public transit
  • No HOA
  • Green Roof
  • Private Yard
  • Laundry Room

About This Home

As of January 2024

Value Range Pricing $1,100,000 - $1,150,000.00. No Mello Roos, No HOA. 3 Bedroom, 3 Bath House with an ADU, each with its own paid for Solar Systems. RECEIVE MONTHLY INCOME FROM THE ADU -or- Live in the ADU and Rent out the House -or- Bring the Whole Family and Live in Both. Like new! Custom built in 2022, this Pearl Certified, High Performance Home (HPH) and Accessory Dwelling Unit (ADU) have been constructed to the California Green Standards of Title 24. This Certified Home and ADU are all Electric, Energy Efficient and have Water Wise features. This HPH and ADU provides an enhanced quality of healthful living, improved air quality and comfort, while enjoying a reduced carbon footprint. This residence was built with quality and pride by a local builder and draftsperson, experienced in building specialty and custom homes. The main house is 1660 SF, with 3 Bedrooms and 2.5 Bathrooms; two full baths upstairs and a downstairs Powder Room for your guests. The 1 Bedroom, 1 Bath ADU is 525 SF with a galley kitchen and two split A/C units, one in the living area and one in the bedroom. The ADU has a separate entrance and its own parking space. There are no common walls between the main house and ADU. There are two Solar Systems and two Hybrid Water Heaters - one for the main home and one for the ADU - The main house and ADU have been enjoying NO energy bills since occupancy. The Solar Systems have been producing more output than is being consumed by the occupants. There is Custom Kitchen and Bathroom Cabinetry in both the main house and ADU and Stainless Steel Gallery Appliances that convey. Quartz Countertops throughout the home and ADU - Custom Window Treatments, Shared Custom Laundry Center, additional laundry hookups in the garage, Mohawk Luxury Laminate throughout. Fully landscaped drought tolerant front yard with drip irrigation system. Fully fenced and sodded backyard with sprinkler system, perfect for kiddie and puppy playdates. The custom gutters installed around the perimeter are ready for rain barrels! Pesticides have not been used on the property since occupancy. No HOA, No Mello Roos. Building Plans on site. Please see attached documents for HPH and Pearl Certification. Thank you!

Last Agent to Sell the Property

Sharmane Estolano

Coldwell Banker West License #02108233 Listed on: 12/07/2023

Coldwell Banker West

Last Buyer's Agent

Cody Evans

South Coast Commercial, Inc. License #01399935

South Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,175

Year Built

  • Built in 2022

Lot Details

  • 6,000 Sq Ft Lot
  • No Common Walls
  • Drip System Landscaping
  • Rectangular Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Interior Spaces

  • Low Flow Plumbing Fixtures
  • 2,188 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include conserving methods
  • Green Roof
  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat
  • Solar Power System

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • No Heating
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tax Lot 131.02/4
  • Tax Tract Number 1285

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Operating Expense $500
  • Gross Income $23,500
  • Net Operating Income $23,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,175

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 7.00
  • Price Per Unit: 575000
  • Property Attached: No
  • View: No
  • Zoning: R-2:Minor Multiple
  • Property Type: Residential Income
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: first floor for the main home, 2nd floor for ADU
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 521.02

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community, Electric Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Green Features

  • Green Indoor Air Qlty: Filtration, Ventilation
  • Green Location: Transportation, Walkability
  • Green Sustainability: Conserving Methods
  • Green Water Conservation: Flow Control, Water-Smart Landscaping
  • Efficiency: Appliances, Construction, Doors, Lighting, HVAC, Insulation, Roof, Thermostat, Water Heater, Windows
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Rectangular Lot, Level, Near Public Transit, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Gross Income: 23500.00
  • Gross Scheduled Income: 24000.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 23500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 500.00
  • Rent Control: Yes
  • Total Expenses: 500.00

Tax Info

  • Tax Lot: 131.02/4
  • Tax Tract Number: 01285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Jan 18, 2024
Sold by
Estolano Sharmane
Bought by
Todd R Schultz Separate Property Trust and Schultz
Seller's Agent
Sharmane Estolano
Coldwell Banker West
Buyer's Agent
Cody Evans
South Coast Commercial, Inc.
List Price
$1,085,000
Sold Price
$1,140,000
Premium/Discount to List
$55,000
5.07%
Views
213
Current Estimated Value
$1,127,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,580
Avg. Annual Appreciation
2.76%
Original Mortgage
$590,000
Outstanding Balance
$580,150
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$608,644

Purchase Details

Closed on
Oct 17, 2022
Sold by
Estolano Paul
Bought by
Estolano Sharmane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,400
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2022
Sold by
Joeys Llc
Bought by
Estolano Sharmane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,400
Interest Rate
6.02%
Mortgage Type
New Conventional
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
Todd R Schultz Separate Property Trust $1,140,000 Fidelity National Title
Estolano Sharmane -- Chicago Title
Estolano Sharmane $908,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd R Schultz Separate Property Trust $590,000
Previous Owner Estolano Sharmane $726,400
Previous Owner Estolano Sharmane $726,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $1,140,000 -0.9% $521 / Sq Ft
12/28/2023 12/28/23 Price Changed $1,150,000 +6.0% $526 / Sq Ft
12/07/2023 12/07/23 For Sale $1,085,000 -- $496 / 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 $11,175 $1,162,800 $754,800 $408,000
2024 $11,175 $926,160 $599,760 $326,400
2023 $11,032 $908,000 $588,000 $320,000
2022 $1,057 $88,475 $88,475 $0
2021 $1,033 $86,741 $86,741 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2305991

California Regional Multiple Listing Service (CRMLS)

APN: 619-132-33