NOT LISTED FOR SALE
8 Beds
4 Baths
3,168 Sq Ft
6,011 Sq Ft Lot

Last Sold August 31, 2016

Last sale price $906,000 $286 Per Sq Ft

5 Days on Market

About This Home

As of August 2016

4 unit apartment *** All 2beds/1bath and 4 carport *** Long terms tenants, two tenants living here for 12 years and two tenants living here for 6 years, Month to Month leases now *** Property was taken care of by the same owner for over 17 years *** No HOA or management fee ****

Last Agent to Sell the Property

Truman Nhu

Skyview International Group License #01110101 Listed on: 06/07/2016

Last Buyer's Agent

A P

EZ Realty & Financial License #01336196

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,011 Sq Ft Lot
  • Level Lot

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $54,600

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,125
  • Maintenance Expense $500
  • Other Expense $500
  • Utility Expense $3,000
  • Trash Expense $1,440
  • Operating Expense $15,365
  • Gross Income $54,600

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3168
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3168
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Covered Parking
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.67
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1125
  • Expense Maintenance: 500
  • Expenses Other: 500
  • Expenses Total: 15365
  • Expenses Utility: 3000
  • Expense Trash: 1440
  • Income Annual Gross: 54600.00
  • Income Annual Rental: 54600
  • Income Gross Scheduled: 54600
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Gas, Utilities - Hot Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $906,000 -0.4% $286 / Sq Ft
07/16/2016 07/16/16 Price Changed $910,000 -4.2% $287 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
06/13/2016 06/13/16 Price Changed $950,000 +7.0% $300 / Sq Ft
06/07/2016 06/07/16 For Sale $888,000 -- $280 / Sq Ft
Source: MLSListings

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 $17,424 $1,051,484 $529,224 $522,260
2024 $17,424 $1,030,868 $518,848 $512,020
2023 $17,061 $1,010,656 $508,675 $501,981
2022 $16,905 $990,840 $498,701 $492,139
2021 $16,512 $971,413 $488,923 $482,490
2020 $15,986 $961,453 $483,910 $477,543
2019 $15,532 $942,602 $474,422 $468,180
2018 $15,368 $924,120 $465,120 $459,000
2017 $15,137 $906,000 $456,000 $450,000
2016 $9,075 $476,743 $165,534 $311,209
2015 $8,875 $469,583 $163,048 $306,535
2014 $7,025 $460,386 $159,855 $300,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81589364

MLSListings

APN: 684-31-032