NOT LISTED FOR SALE

Estimated Value: $718,318 - $889,000

4 Beds
3 Baths
2,280 Sq Ft
$352/Sq Ft Est. Value

Last Sold January 12, 2012

Last sale price $220,000 $96 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $4,654/month

108 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Heating System Uses Natural Gas

About This Home

As of January 2012

2 UNITS 4 BDROOMS 3 BATH TOTAL INVESTMENT PROPERTY

Last Agent to Sell the Property

Vincent Cervantes

Freedom Homes License #00922870 Listed on: 07/11/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 1944

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 40x132

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Tile Roof
  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,280 Sq Ft Home
  • Wood Flooring

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 113
  • Tax Tract Number 5450
  • Assessor Parcel Number 6024011018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $150
  • Insurance Expense $800
  • Trash Expense $35
  • Water Sewer Expense $65
  • New Taxes Expense $3,000
  • Gross Income $2,400
  • Net Operating Income $75

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,292

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 0.03
  • View: No
  • Water Sewer Expenses: 65.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6024011018
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 96.49

Exterior Features

  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Trash Expense: 35.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 40x132
  • Lot Size Sq Ft: 5280.00
  • Lot Size Acres: 0.1210

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 2400.00
  • Gross Multiplier: 109.09
  • Gross Scheduled Income: 2200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5280.0000 Square Feet
  • Net Operating Income: 75.00
  • 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: 75.00

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Area: 1198
  • Tax Lot: 113
  • Tax Tract: O
  • Tax Tract Number: 5450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2014
Sold by
Leon Ricardo
Bought by
Four Lions Investments Inc
Current Estimated Value
$803,330

Purchase Details

Listed on
Jul 11, 2011
Closed on
Dec 5, 2011
Sold by
Baltazar David M
Bought by
Leon Ricardo
Seller's Agent
Vincent Cervantes
Freedom Homes
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$214,423
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2010
Sold by
Baltazar David M and Baltazar Paulina
Bought by
Baltazar David M
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
Four Lions Investments Inc -- None Available
Leon Ricardo $220,000 Fidelity National Title Co
Baltazar David M -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leon Ricardo $214,423
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2012 01/12/12 Sold $220,000 -8.3% $96 / Sq Ft
10/27/2011 10/27/11 Pending -- -- --
07/11/2011 07/11/11 For Sale $240,000 -- $105 / 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 $5,292 $340,004 $110,903 $229,101
2024 $5,292 $333,338 $108,729 $224,609
2023 $5,041 $326,803 $106,598 $220,205
2022 $4,829 $320,396 $104,508 $215,888
2021 $4,768 $314,114 $102,459 $211,655
2019 $4,633 $304,799 $99,421 $205,378
2018 $4,524 $298,823 $97,472 $201,351
2016 $4,324 $287,221 $93,688 $193,533
2015 $4,263 $282,907 $92,281 $190,626
2014 $4,267 $277,366 $90,474 $186,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1104508

California Regional Multiple Listing Service (CRMLS)

APN: 6024-011-018