NOT LISTED FOR SALE

Estimated Value: $322,947 - $392,000

6 Beds
4 Baths
2,080 Sq Ft
$169/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $208,000 $100 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,302/month

19 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Living Room
  • Lawn
  • Courtyard Views
  • Laundry Room

About This Home

As of September 2018

Seller Motivated!!! Excellent source of income! Sold AS-IS condition! A 2-unit consisting of 3beds, 2baths each recently renovated with fresh paint and new tile throughout with carpeting in the bedrooms. Central heating and air with parking spaces in back with alley access. Lots of fruit producing trees and a beautiful front yard. Owners would like to sell with the 4-Unit next door (1200 Grace Street).

Last Agent to Sell the Property

Belle Flores

COLDWELL BANKER UNITED License #01192807 Listed on: 05/10/2018

Last Buyer's Agent

Cheryl Cotton

Y Realty License #00860384

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,529

Year Built

  • Built in 1983

Lot Details

  • 6,379 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Level Lot
  • Front Yard Sprinklers
  • Lawn
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Bungalow
  • Patio Home

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Courtyard Views
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • More Than Two Accessible Exits
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block P / 54
  • Tax Tract Number 13
  • Assessor Parcel Number 1272401800

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $720
  • Water Sewer Expense $1,200
  • New Taxes Expense $1,353
  • Operating Expense $3,873
  • Gross Income $22,800
  • Net Operating Income $13,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,529

Year Built

Built in 1983

Lot Details

0

Listing Details

  • CapRate: 5.90
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 1272401800
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Entry Location: Grace Street
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits
  • Levels: One
  • Price Per Square Foot: 100.00
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • View: Courtyard
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Level, Patio Home, Sprinklers In Front
  • Lot Size Sq Ft: 6379.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 22800.00
  • Gross Multiplier: 10.00
  • Gross Operating Income: 21660.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 720.00
  • Net Operating Income: 13680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7980.00
  • Operating Expense Percent: 35.00
  • Rent Control: No
  • Total Actual Rent: 1900.00
  • Total Expenses: 3873.00
  • Vacancy Allowance: 1140
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 1353.00
  • Tax Area: 056063
  • Tax Block: 54
  • Tax Lot: P
  • Tax Tract Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2023
Sold by
Farell Teresa
Bought by
Tik Investments Llc
Current Estimated Value
$351,559
Source: Public Records

Range of Values:

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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
Tik Investments Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $208,000 -9.5% $100 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $229,900 +39.3% $111 / Sq Ft
04/15/2016 04/15/16 Sold $165,000 0.0% $79 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
01/24/2016 01/24/16 For Sale $165,000 -- $79 / 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 $4,529 $232,022 $39,040 $192,982
2024 $4,395 $227,474 $38,275 $189,199
2023 $4,395 $223,015 $37,525 $185,490
2022 $4,163 $218,643 $36,790 $181,853
2021 $3,967 $214,357 $36,069 $178,288
2020 $3,891 $212,160 $35,700 $176,460
2019 $3,767 $212,160 $35,700 $176,460
2018 $3,282 $171,666 $41,616 $130,050
2017 $3,246 $168,300 $40,800 $127,500
2016 $1,893 $82,778 $16,829 $65,949
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18111352

California Regional Multiple Listing Service (CRMLS)

APN: 127-240-18-00-7