NOT LISTED FOR SALE

Estimated Value: $460,000 - $727,000

6 Beds
3 Baths
2,760 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $344,000 $125 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,496/month

178 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • Living Room
  • Beattie Middle School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of August 2016

Great income triplex in good location, just east of Tippecanoe, Loma Linda Ranchos subdivsion, near newer shopping center. The property has a single home in front, and a duplex in back, all are 920 sq feet, 2 bedrooms and 1 bath units, one car garage on both back units, with additional parking space available. Investor income opportunity!

Last Agent to Sell the Property

DAROLYN CLIGNETT

COLDWELL BANKER BLACKSTONE RTY License #01245378 Listed on: 05/26/2016

COLDWELL BANKER BLACKSTONE RTY

Last Buyer's Agent

Carlos Gutierrez

Re/Max Champions License #01461743

Re/Max Champions

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 10,200 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,760 Sq Ft Home
  • Living Room
  • Carpet

Kitchen

  • Gas and Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 25
  • Tax Tract Number 2661
  • Assessor Parcel Number 0281132340000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Maintenance Expense $1,200
  • Trash Expense $850
  • Water Sewer Expense $1,790
  • New Taxes Expense $2,352
  • Gross Income $2,725
  • Net Operating Income $25,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1790.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0281132340000
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 124.64
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas & Electric Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Kitchen
  • Trash Expense: 850.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10200.00
  • Price Per Lot Square Foot: 33.73
  • Lot Size Acres: 0.2340

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2725.00
  • Gross Scheduled Income: 32700.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 10200.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 25900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 6800.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2352.00
  • Tax Lot: 25
  • Tax Tract Number: 2661

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Aug 12, 2016
Sold by
Castro Manuel and Castro Teresa V
Bought by
Tum Season and Tum Kim Huoen
Seller's Agent
DAROLYN CLIGNETT
COLDWELL BANKER BLACKSTONE RTY
Buyer's Agent
Carlos Gutierrez
Re/Max Champions
List Price
$359,000
Sold Price
$344,000
Premium/Discount to List
-$15,000
-4.18%
Current Estimated Value
$590,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,640
Avg. Annual Appreciation
5.89%
Original Mortgage
$337,769
Outstanding Balance
$272,841
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$317,799

Purchase Details

Closed on
Jul 18, 2013
Sold by
Castro Manuel and Castro Teresa V
Bought by
The Castro Family Living Trust

Purchase Details

Closed on
Sep 25, 2007
Sold by
Dorado Anthony and Dorado Irene
Bought by
Castro Manuel and Castro Teresa V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2006
Sold by
Kunihira Shirou and Kunihira Satsuki May
Bought by
Dorado Anthony and Dorado Irene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tum Season $344,000 Orange Coast Title Co
The Castro Family Living Trust -- Orange Coast Title Company
Castro Manuel $315,000 Stewart Title Company
Dorado Anthony $240,000 Financial Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tum Season $337,769
Previous Owner Castro Manuel $236,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2016 08/16/16 Sold $344,000 -4.2% $125 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $359,000 -- $130 / 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 $5,116 $399,242 $132,307 $266,935
2024 $4,781 $391,414 $129,713 $261,701
2023 $4,770 $383,740 $127,170 $256,570
2022 $4,698 $376,215 $124,676 $251,539
2021 $4,777 $368,838 $122,231 $246,607
2020 $4,703 $365,056 $120,978 $244,078
2019 $4,575 $357,898 $118,606 $239,292
2018 $4,464 $350,880 $116,280 $234,600
2017 $4,422 $344,000 $114,000 $230,000
2016 $2,695 $203,300 $75,300 $128,000
2015 $2,352 $186,300 $69,000 $117,300
2014 $2,049 $162,000 $60,000 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16014787

California Regional Multiple Listing Service (CRMLS)

APN: 0281-132-34