NOT LISTED FOR SALE

Estimated Value: $1,398,000

8 Beds
8 Baths
4,598 Sq Ft
$304/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $432,500 $94 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $8,300/month

294 Days on Market

About This Home

As of February 2012

Bank Owned! Don’t miss your opportunity to own income property. Front house divided into 3 separate living spaces with a kitchen and bath in each (non-permitted). 3 units in the rear of home with 1 bedroom, 1 bath each. Large yard. A must see. Great rental potential. All information deemed reliable, but not guaranteed. Buyer to verify.

Last Agent to Sell the Property

Jeff Russell

Real Estate Alliance License #01275750 Listed on: 03/29/2011

Real Estate Alliance

Last Buyer's Agent

Rosi Ueng

Treelane Realty Group Inc. License #01348042

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,904

Year Built

  • Built in 1936

Lot Details

  • 0.41

Parking

  • 2 Car Garage

Home Design

  • 4,598 Sq Ft Home

Additional Features

  • 0.41 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 13568
  • Assessor Parcel Number 8106018019

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,904

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 8106018019
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Price Per Square Foot: 94.06

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace

Lot Info

  • Lot Size Sq Ft: 17999.00
  • Lot Size Acres: 0.4100

Multi Family

  • Lot Size Area: 17999.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 13568
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2014
Sold by
Lee Amy M and The Amy M Lee Family Trust
Bought by
Golden Private Seal Llc
Current Estimated Value
$1,398,000

Purchase Details

Closed on
Jan 19, 2013
Sold by
Lee Amy M and Lee Amy Mei Yue
Bought by
Lee Amy M and Amy M Lee Family Trust

Purchase Details

Listed on
Mar 29, 2011
Closed on
Jan 25, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Amy Mei Yue
Seller's Agent
Jeff Russell
Real Estate Alliance
Buyer's Agent
Rosi Ueng
Treelane Realty Group Inc.
List Price
$609,000
Sold Price
$432,500
Premium/Discount to List
-$176,500
-28.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Jan 26, 2011
Sold by
Chevestre Elizabeth
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 3, 2006
Sold by
Ceraso Michael D and Ceraso Kathleen
Bought by
Chevestre Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2005
Sold by
Cook James S
Bought by
Ceraso Michael D and Ceraso Kathleen

Purchase Details

Closed on
Sep 12, 2001
Sold by
Ceraso Michael D and Ceraso Kathleen
Bought by
Ceraso Michael D and Ceraso Kathleen

Purchase Details

Closed on
Feb 13, 1998
Sold by
Amico Maria C D
Bought by
Ceraso Michael D and Ceraso Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
7.06%
Mortgage Type
Commercial
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
Golden Private Seal Llc -- None Available
Lee Amy M -- None Available
Lee Amy Mei Yue $435,500 Ticor Title
Federal Home Loan Mortgage Corporation $530,367 Accommodation
Chevestre Elizabeth $855,000 North American Title Co
Ceraso Michael D -- --
Ceraso Michael D -- --
Ceraso Michael D $310,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chevestre Elizabeth $171,000
Previous Owner Chevestre Elizabeth $684,000
Previous Owner Ceraso Michael D $217,000
Closed Ceraso Michael D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2012 02/17/12 Sold $432,500 -29.0% $94 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
03/29/2011 03/29/11 For Sale $609,000 -- $132 / 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 $8,904 $546,623 $351,689 $194,934
2024 $8,904 $535,906 $344,794 $191,112
2023 $8,773 $525,399 $338,034 $187,365
2022 $8,131 $515,098 $331,406 $183,692
2021 $8,280 $504,999 $324,908 $180,091
2020 $8,057 $500,322 $321,577 $178,745
2019 $8,044 $490,522 $315,272 $175,250
2018 $7,645 $480,915 $309,091 $171,824
2016 $7,051 $461,762 $297,090 $164,672
2015 $6,974 $454,827 $292,628 $162,199
2014 $6,861 $445,918 $286,896 $159,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A11039665

California Regional Multiple Listing Service (CRMLS)

APN: 8106-018-019