NOT LISTED FOR SALE

Estimated Value: $468,000 - $570,000

4 Beds
2 Baths
1,680 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $250,000 $149 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,038/month

26 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • Front Yard
  • Laundry Room

About This Home

As of December 2017

Great Investment opportunity to own these detached duplex's that consists of 2bed/1bath each unit. Both units have over 800sqft of living space with each having covered parking space and a long driveway with plenty of parking space. Centrally located to shopping, schools and freeway. Live in one unit and have the other unit assist with mortgage payment. Must See !!!

Last Agent to Sell the Property

David Franco

MGR REAL ESTATE, INC. License #01333075 Listed on: 10/05/2017

MGR REAL ESTATE, INC.

Last Buyer's Agent

David Franco

MGR REAL ESTATE, INC. License #01333075 Listed on: 10/05/2017

MGR REAL ESTATE, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,253

Year Built

  • Built in 1961

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 1,680 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 2438
  • Assessor Parcel Number 0139032270000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $500
  • Water Sewer Expense $960
  • New Taxes Expense $3,000
  • Operating Expense $4,960
  • Gross Income $1,000
  • Net Operating Income $7,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,253

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 960.00
  • Property Type: Residential Income
  • Parcel Number: 0139032270000
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 148.81

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7500.00

Multi Family

  • Gross Income: 1000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 500.00
  • Net Operating Income: 7040.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4960.00
  • Rent Control: No
  • Total Expenses: 4960.00

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Census Tract: 42.01
  • Tax Lot: 9
  • Tax Tract Number: 2438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2021
Sold by
Amezcua Jose Luis Valencia and Gomez Angelica
Bought by
Amezcua Jose Luis Valencia
Current Estimated Value
$503,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$220,621
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$291,526

Purchase Details

Closed on
Jun 7, 2019
Sold by
Morales Jose Refugio Andrade
Bought by
Amezcua Jose Luis Valencia and Gomez Angelica

Purchase Details

Listed on
Oct 5, 2017
Closed on
Nov 16, 2017
Sold by
Amezcua Ilda Valencia
Bought by
Morales Jose Refugio Andrade
Seller's Agent
David Franco
MGR REAL ESTATE, INC.
Buyer's Agent
David Franco
MGR REAL ESTATE, INC.
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$245,471
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 5, 2017
Closed on
Nov 1, 2017
Sold by
Lincoln Dimitri
Bought by
Morales Jose Refugio Andrade
Seller's Agent
David Franco
MGR REAL ESTATE, INC.
Buyer's Agent
David Franco
MGR REAL ESTATE, INC.
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2006
Sold by
Lincoln Ephram
Bought by
Lincoln Ephraim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2002
Sold by
Lincoln Jeanette
Bought by
Lincoln Ephram
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
Amezcua Jose Luis Valencia -- Wfg National Title Company
Amezcua Jose Luis Valencia -- None Available
Morales Jose Refugio Andrade -- Chicago Title Company
Morales Jose Refugio Andrade $250,000 Chicago Title Company
Lincoln Ephraim -- Stewart Title Of California
Lincoln Ephram -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amezcua Jose Luis Valencia $245,000
Previous Owner Morales Jose Refugio Andrade $245,471
Previous Owner Lincoln Ephraim $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2017 12/14/17 Sold $250,000 +4.2% $149 / Sq Ft
10/05/2017 10/05/17 For Sale $240,000 -- $143 / 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 $4,253 $374,436 $100,397 $274,039
2024 $4,253 $328,093 $98,428 $229,665
2023 $4,147 $321,660 $96,498 $225,162
2022 $4,155 $315,353 $94,606 $220,747
2021 $4,163 $309,170 $92,751 $216,419
2020 $4,175 $306,000 $91,800 $214,200
2019 $3,467 $255,000 $76,500 $178,500
2018 $1,689 $116,852 $25,967 $90,885
2017 $2,613 $190,124 $63,375 $126,749
2016 $1,588 $112,315 $24,959 $87,356
2015 $1,467 $110,628 $24,584 $86,044
2014 $1,527 $108,461 $24,102 $84,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17229600

California Regional Multiple Listing Service (CRMLS)

APN: 0139-032-27