NOT LISTED FOR SALE

Estimated Value: $993,000 - $1,375,000

5 Beds
2 Baths
2,130 Sq Ft
$561/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $700,000 $329 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,261/month

3 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Kitchen
  • Laundry Room
  • McKinley Elementary School Rated A-
  • No HOA
  • Central Air

About This Home

As of September 2016

Very Good Location Shopping Areas Near By The Front House Has 3 Bedrooms And 1 And 3quarter Baths The Rear Unit Has 2 Bedroom And 1 Bathroom Very Well Maintain Property

Last Agent to Sell the Property

Carlos Ibarra

Century 21 Adams & Barnes License #01381350 Listed on: 07/25/2016

Century 21 Adams & Barnes

Last Buyer's Agent

Carlos Ibarra

Century 21 Adams & Barnes License #01381350 Listed on: 07/25/2016

Century 21 Adams & Barnes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,088

Year Built

  • Built in 1924

Lot Details

  • 7,950 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,130 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Fireplace in Kitchen
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 111 / 2
  • Tax Tract Number 6541
  • Assessor Parcel Number 5369012007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • New Taxes Expense $7,687
  • Operating Expense $7,687
  • Gross Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,088

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5369012007
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Fireplace Features: Kitchen
  • Levels: One
  • Price Per Square Foot: 328.64
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Inside, Outside, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7950.00
  • Price Per Lot Square Foot: 88.05

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 1200.00
  • Gross Scheduled Income: 14400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7687.00
  • Other Income Description: Front House Is Owner Occupied
  • Rent Control: No
  • Total Expenses: 7687.00

Tax Info

  • New Taxes Expense: 7687.00
  • Tax Block: 2
  • Tax Lot: 111
  • Tax Tract Number: 6541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2016
Closed on
Aug 2, 2016
Sold by
Estrada Gabriel A and The Mercado Family Revocable L
Bought by
You Xiu Q
Seller's Agent
Carlos Ibarra
Century 21 Adams & Barnes
Buyer's Agent
Carlos Ibarra
Century 21 Adams & Barnes
List Price
$615,000
Sold Price
$700,000
Premium/Discount to List
$85,000
13.82%
Current Estimated Value
$1,195,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,282
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Nov 28, 2011
Sold by
Mercado Rafael and Mercado Eneida
Bought by
Mercado Rafael and Mercado Eneida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
3.93%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 1, 2011
Sold by
Mercado Rafael and Mercado Eneida R
Bought by
Mercado Rafael and Mercado Eneida
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
You Xiu Q $700,000 First American Title Company
Mercado Rafael -- Chicago Title Company
Mercado Rafael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercado Rafael $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $700,000 +13.8% $329 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $615,000 0.0% $289 / Sq Ft
05/15/2015 05/15/15 Rented $1,200 0.0% --
05/15/2015 05/15/15 For Rent $1,200 0.0% --
09/11/2014 09/11/14 Rented $1,200 -14.3% --
09/11/2014 09/11/14 For Rent $1,400 -- --
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 $11,088 $812,405 $522,260 $290,145
2024 $11,088 $796,476 $512,020 $284,456
2023 $10,895 $780,860 $501,981 $278,879
2022 $10,445 $765,550 $492,139 $273,411
2021 $10,368 $750,540 $482,490 $268,050
2020 $10,215 $742,845 $477,543 $265,302
2019 $9,916 $728,280 $468,180 $260,100
2018 $9,839 $714,000 $459,000 $255,000
2016 $1,450 $70,164 $32,912 $37,252
2015 $1,432 $69,111 $32,418 $36,693
2014 $1,434 $67,758 $31,783 $35,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16162761

California Regional Multiple Listing Service (CRMLS)

APN: 5369-012-007