NOT LISTED FOR SALE

Estimated Value: $1,039,000 - $1,318,000

7 Beds
4 Baths
3,278 Sq Ft
$369/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $850,000 $259 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,050/month

169 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Custom Home
  • Private Yard
  • California High School Rated A-
  • 0.45 Acre Lot
  • No HOA

About This Home

As of September 2020

BACK ON THE MARKET. CASH BUYER FAILED TO PERFORM. Three homes on one lot. All units currently occupied by long term tenants.

Last Agent to Sell the Property

DEIDE NICASTRO

CENTURY 21 MASTERS License #01367633 Listed on: 02/24/2020

CENTURY 21 MASTERS

Last Buyer's Agent

DEIDE NICASTRO

CENTURY 21 MASTERS License #01367633 Listed on: 02/24/2020

CENTURY 21 MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,888

Year Built

  • Built in 1961

Lot Details

  • 0.45 Acre Lot
  • No Common Walls
  • Chain Link Fence
  • Level Lot
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Custom Home
  • Major Repairs Completed
  • Wood Siding

Interior Spaces

  • 3,278 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Neighborhood Views
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Shed

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 9891
  • Assessor Parcel Number 8026014015

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,070
  • Insurance Expense $1,339
  • Maintenance Expense $190
  • Trash Expense $900
  • Water Sewer Expense $3,000
  • New Taxes Expense $2,643
  • Operating Expense $9,142
  • Gross Income $46,740
  • Net Operating Income $42,758

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,888

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LCA1*
  • Architectural Style: Custom Built
  • Property Condition: Repairs Major
  • Property Type: Residential Income
  • Gardener Expense: 1070.00
  • Parcel Number: 8026014015
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Price Per Square Foot: 259.30
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Other Structures: Shed(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 19408.00
  • Lot Size Acres: 0.4455

Multi Family

  • Gross Income: 46740.00
  • Gross Scheduled Income: 46740.00
  • Insurance Expense: 1339.00
  • Lot Size Area: 19408.0000 Square Feet
  • Maintenance Expense: 190.00
  • Net Operating Income: 42758.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3982.00
  • Rent Control: Yes
  • Total Expenses: 9142.00

Tax Info

  • New Taxes Expense: 2643.00
  • Tax Area: 09-118
  • Tax Census Tract: 5030.00
  • Tax Lot: 55
  • Tax Tract Number: 9891

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Sep 30, 2020
Sold by
Ho Thu Xuan
Bought by
Ho Thu Xuan and Tran Hanh T
Seller's Agent
DEIDE NICASTRO
CENTURY 21 MASTERS
Buyer's Agent
DEIDE NICASTRO
CENTURY 21 MASTERS
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%
Current Estimated Value
$1,157,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,539
Avg. Annual Appreciation
7.18%

Purchase Details

Listed on
Feb 24, 2020
Closed on
Sep 25, 2020
Sold by
Tran Hanh
Bought by
Ho Thu Xuan
Seller's Agent
DEIDE NICASTRO
CENTURY 21 MASTERS
Buyer's Agent
DEIDE NICASTRO
CENTURY 21 MASTERS
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%

Purchase Details

Closed on
Mar 10, 2020
Sold by
Lawrence William G and Lawrence Joyce L
Bought by
Ho Thu Xuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2012
Sold by
Lawrence William G
Bought by
Lawrence William G and Lawrence Joyce L

Purchase Details

Closed on
Sep 14, 2012
Sold by
Lawrence Edward A
Bought by
Lawrence Edward A and Lawrence Sharon

Purchase Details

Closed on
Apr 10, 2012
Sold by
Lawrence William G and Lawrence Edward A
Bought by
Lawrence William G and Lawrence Edward A
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
Ho Thu Xuan -- None Available
Ho Thu Xuan -- First American Title Company
Ho Thu Xuan $850,000 First American Title
Lawrence William G -- None Available
Lawrence Edward A -- None Available
Lawrence William G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho Thu Xuan $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $850,000 -8.1% $259 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $925,000 0.0% $282 / Sq Ft
05/23/2020 05/23/20 Price Changed $925,000 -2.4% $282 / Sq Ft
04/15/2020 04/15/20 Price Changed $948,000 0.0% $289 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $948,000 -- $289 / 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 $11,888 $920,066 $552,040 $368,026
2024 $11,888 $902,026 $541,216 $360,810
2023 $11,275 $884,340 $530,604 $353,736
2022 $11,361 $867,000 $520,200 $346,800
2021 $11,128 $850,000 $510,000 $340,000
2020 $2,663 $124,141 $31,136 $93,005
2019 $2,643 $121,708 $30,526 $91,182
2018 $2,309 $119,323 $29,928 $89,395
2016 $2,172 $114,692 $28,767 $85,925
2015 $2,128 $112,970 $28,335 $84,635
2014 $2,132 $110,758 $27,780 $82,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20004822

California Regional Multiple Listing Service (CRMLS)

APN: 8026-014-015