NOT LISTED FOR SALE

Estimated Value: $2,465,721 - $2,950,000

16 Beds
8 Baths
6,435 Sq Ft
$421/Sq Ft Est. Value

Last Sold October 03, 2013

Last sale price $1,235,000 $192 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $15,901/month

8 Days on Market

About This Home

As of October 2013

SFR between fourplex in front and triplex in rear, with ample parking. The triplex carports are deep enough to allow for tandem parking for smaller cars, providing 3 additional parking spaces. Professionally managed. Great investment property.

Last Agent to Sell the Property

Crawford Moller

Crawford Moller, Broker License #00625213 Listed on: 07/08/2013

Last Buyer's Agent

CRAWFORD MOLLER

MOLLER PROPERTIES,INC. License #00625213

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls
  • Density is 26-30 Units/Acre

Home Design

  • 6,435 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Parking

  • 13 Parking Spaces
  • 7 Carport Spaces

Additional Features

  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 17
  • Tax Tract Number 10827
  • Assessor Parcel Number 8114001025

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $38
  • Gardener Expense $2,308
  • Insurance Expense $1,106
  • Maintenance Expense $7,659
  • Other Expense $1,418
  • Pest Control $552
  • Professional Management Expense $5,897
  • Trash Expense $2,568
  • Water Sewer Expense $3,756
  • New Taxes Expense $17,500
  • Gross Income $7,415
  • Net Operating Income $43,279

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Professional Management Expense: 5897.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3756.00
  • Zoning: EMR3YY
  • Property Type: Residential Income
  • Gardener Expense: 2308.00
  • Parcel Number: 8114001025
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 191.92

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 7.00
  • Total Parking Spaces: 13.00

Utilities

  • Utilities: Sewer Connected
  • Pest Control Expense: 552.00
  • Trash Expense: 2568.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: 26-30 Units/Acre
  • Lot Size Sq Ft: 12690.00
  • Lot Size Acres: 0.2910

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 38.00
  • Gross Income: 7415.00
  • Gross Scheduled Income: 88980.00
  • Insurance Expense: 1106.00
  • Lot Size Area: 12690.0000 Square Feet
  • Maintenance Expense: 7659.00
  • Net Operating Income: 43279.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 3586.00
  • Other Expense: 1418.00
  • Other Expense Description: Advertis
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 17500.00
  • Tax Lot: 17
  • Tax Tract Number: 10827

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 28, 2013
Sold by
Telk Charles Laurence and Miller Karen Leslie
Bought by
Telk Charles Laurence and The Norma Telk 2012 Revocable
Seller's Agent
Crawford Moller
Crawford Moller, Broker
Buyer's Agent
Crawford Moller
Crawford Moller, Broker
List Price
$1,250,000
Sold Price
$1,235,000
Premium/Discount to List
-$15,000
-1.2%
Current Estimated Value
$2,707,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,472,861
Avg. Annual Appreciation
6.58%
Original Mortgage
$741,000
Outstanding Balance
$549,956
Interest Rate
4.57%
Mortgage Type
Commercial
Estimated Equity
$2,157,905

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 23, 2013
Sold by
Telk Charles Lauren and Norma Telk 2012 Revocable Trus
Bought by
Cheng Ye Zan Xuan and Cheng Ye Xing Fang
Seller's Agent
Crawford Moller
Crawford Moller, Broker
Buyer's Agent
Crawford Moller
Crawford Moller, Broker
List Price
$1,250,000
Sold Price
$1,235,000
Premium/Discount to List
-$15,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,000
Outstanding Balance
$549,956
Interest Rate
4.57%
Mortgage Type
Commercial
Estimated Equity
$2,157,905

Purchase Details

Closed on
Mar 25, 2013
Sold by
Telk Normaj
Bought by
Telk Norma Jean and The Norma Telk 2012 Revocable

Purchase Details

Closed on
Dec 27, 1998
Sold by
Telk Norma J
Bought by
Telk Norma Jean and The Norma Jean Telk Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Telk Charles Laurence -- Title 365
Cheng Ye Zan Xuan $1,235,000 Title 365
Telk Norma Jean -- None Available
Telk Norma Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Ye Zan Xuan $741,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2013 10/03/13 Sold $1,235,000 -1.2% $192 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $1,250,000 -- $194 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,899 $1,513,932 $612,928 $901,004
2024 $21,899 $1,484,248 $600,910 $883,338
2023 $21,557 $1,455,146 $589,128 $866,018
2022 $20,757 $1,426,615 $577,577 $849,038
2021 $21,233 $1,398,643 $566,252 $832,391
2020 $20,623 $1,384,302 $560,446 $823,856
2019 $20,607 $1,357,159 $549,457 $807,702
2018 $19,767 $1,330,549 $538,684 $791,865
2016 $18,194 $1,278,884 $517,767 $761,117
2015 $18,001 $1,259,675 $509,990 $749,685
2014 $17,647 $1,235,000 $500,000 $735,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13135667

California Regional Multiple Listing Service (CRMLS)

APN: 8114-001-025