NOT LISTED FOR SALE

Estimated Value: $849,029 - $965,000

5 Beds
3 Baths
2,167 Sq Ft
$417/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $600,000 $277 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,742/month

61 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room

About This Home

As of January 2019

11621 Center St. is a multi-occupancy home. 11621 Center is a 2 bed/1 bath unit, 11623 is a 3 bed/2 bath unit totalling 2167 sq. ft. Both units have their own 2 car garage and are tenant occupied. Great income property with very low operating costs. Property is being sold "as is where is" with no repairs to be done. Broker/Agent does not guarantee the accuracy of the square footage, lot size, or other information concerning the condition of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals, information deemed reliable but not guaranteed.

Last Agent to Sell the Property

Heidi Boothe

HOMEQUEST REAL ESTATE License #01446565 Listed on: 08/13/2018

HOMEQUEST REAL ESTATE

Last Buyer's Agent

Shawna Alcala

Manna Realty License #01947602

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,802

Year Built

  • Built in 1976

Lot Details

  • 4,326 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • 2,167 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 27
  • Assessor Parcel Number 6243019026

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $600
  • Water Sewer Expense $1,400
  • New Taxes Expense $7,800
  • Operating Expense $10,400
  • Gross Income $2,725
  • Net Operating Income $2,475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,802

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1400.00
  • Zoning: SGR3*
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6243019026
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 276.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4326.00
  • Lot Size Acres: 0.0993

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 2725.00
  • Gross Scheduled Income: 2725.00
  • Insurance Expense: 600.00
  • Lot Size Area: 4326.0000 Square Feet
  • Net Operating Income: 2475.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 250.00
  • Rent Control: No
  • Total Expenses: 10400.00

Tax Info

  • New Taxes Expense: 7800.00
  • Tax Census Tract: 5362.00
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2019
Sold by
Alcala Arturo
Bought by
Mgm Dgr Llc
Current Estimated Value
$904,257

Purchase Details

Closed on
Apr 5, 2019
Sold by
Alcala Shawna L
Bought by
Alcala Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2019
Sold by
Mgm Dgr Llc
Bought by
Alcala Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2018
Sold by
Johnson Stephen Craig
Bought by
Mgm Dgr Llc

Purchase Details

Closed on
Nov 3, 2016
Sold by
Echeveste Carol Ann
Bought by
Johnson Stephen Craig
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mgm Dgr Llc -- None Available
Alcala Arturo -- Old Republic Title Company
Alcala Arturo -- Old Republic Title Company
Mgm Dgr Llc $600,000 Wfg National Title Company O
Johnson Stephen Craig -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mgm Dgr Llc $486,000
Previous Owner Alcala Arturo $450,000
Previous Owner Mgm Dgr Llc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $600,000 -4.0% $277 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $625,000 -- $288 / 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
2024 $8,802 $656,184 $349,965 $306,219
2023 $8,526 $643,318 $343,103 $300,215
2022 $8,298 $630,705 $336,376 $294,329
2021 $8,106 $618,339 $329,781 $288,558
2020 $7,923 $612,000 $326,400 $285,600
2019 $2,115 $112,152 $26,785 $85,367
2018 $1,955 $109,954 $26,260 $83,694
2016 $1,764 $105,687 $25,242 $80,445
2015 $1,683 $104,100 $24,863 $79,237
2014 $1,722 $102,061 $24,376 $77,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18196312

California Regional Multiple Listing Service (CRMLS)

APN: 6243-019-026