NOT LISTED FOR SALE
2 Beds
1 Bath
1,786 Sq Ft
6,480 Sq Ft Lot

Sale Details

Date Sold: August 7, 2012

Last sale price $280,000 $157 Per Sq Ft

119 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating
  • 4-minute walk to Maple and Occidental Park

About This Home

As of August 2012

Each unit has two bedrooms and one bathroom. Large lot with ample parking. Excellent location near shopping, schools and employment hub!!! Great as investment or live in one and rent the other!!!

Last Agent to Sell the Property

Pablo Velasquez

Advance Realty License #00943251 Listed on: 11/03/2011

Last Buyer's Agent

Mina Pourang

Better Loans & Homes Realty License #00969515

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 6,480 Sq Ft Lot
  • Lot Dimensions are 54x120

Parking

  • 4 Parking Spaces

Home Design

  • 1,786 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Block J
  • Tax Tract Number 252
  • Assessor Parcel Number 40318502

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $3,750
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

6,480 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 10.50
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 40318502
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 156.77

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 54x120
  • Lot Size Sq Ft: 6480.00
  • Lot Size Acres: 0.1490

Multi Family

  • Gross Multiplier: 9.52
  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 6480.0000 Square Feet
  • Net Operating Income: 33600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 3750.00
  • Tax Area: 11003
  • Tax Block: J
  • Tax Lot: 0.
  • Tax Tract Number: 252

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Babak Akbari and Akbari Mazarei Tannaz
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Outstanding Balance
$475,903
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2011
Closed on
Jun 28, 2012
Sold by
Guzman Antonio D
Bought by
Akbari Babak and Mazarei Tannaz Akbari
Seller's Agent
Pablo Velasquez
Advance Realty
Buyer's Agent
Mina Pourang
Better Loans & Homes Realty
List Price
$345,000
Sold Price
$280,000
Premium/Discount to List
-$65,000
-18.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2004
Sold by
Leon Basilisa Deguzman
Bought by
Guzman Antonio D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2003
Sold by
Cardenas Jaime and Cardenas Amparo Guadalupe
Bought by
Guzman Antonio D

Purchase Details

Closed on
Dec 19, 1995
Sold by
Evangelize Helping Ordinary People
Bought by
Cardenas Jaime and Cardenas Amparo Guadalupe

Purchase Details

Closed on
Dec 30, 1993
Sold by
Abitia Emilio
Bought by
Evangelize Helping Ordinary People
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Madison Park, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Provident Title
Akbari Babak $280,000 Ticor Title Company
Guzman Antonio D -- First American Title Co
Guzman Antonio D $430,000 First American Title Company
Cardenas Jaime $90,000 Stewart Title
Evangelize Helping Ordinary People -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $535,500
Previous Owner Akbari Babak $205,500
Previous Owner Guzman Antonio D $57,500
Previous Owner Guzman Antonio D $460,000
Previous Owner Guzman Antonio D $430,000
Previous Owner Cardenas Jaime $21,000
Previous Owner Cardenas Jamie $280,000
Previous Owner Cardenas Jaime $185,500
Previous Owner Cardenas Jaime $50,000
Previous Owner Cardenas Jaiem $88,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/07/2012 08/07/12 Sold $280,000 -18.8% $157 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
11/03/2011 11/03/11 For Sale $345,000 -- $193 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,422 $351,689 $282,666 $69,023
2025 $4,305 $344,794 $277,124 $67,670
2024 $4,305 $338,034 $271,690 $66,344
2023 $4,197 $331,406 $266,362 $65,044
2022 $4,149 $324,908 $261,139 $63,769
2021 $4,054 $318,538 $256,019 $62,519
2020 $4,060 $315,272 $253,394 $61,878
2019 $3,985 $309,091 $248,426 $60,665
2018 $3,838 $303,031 $243,555 $59,476
2017 $3,805 $297,090 $238,780 $58,310
2016 $3,732 $291,265 $234,098 $57,167
2015 $3,685 $286,890 $230,581 $56,309
2014 $3,621 $281,271 $226,065 $55,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P802177

California Regional Multiple Listing Service (CRMLS)

APN: 403-185-02

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