NOT LISTED FOR SALE

Estimated Value: $653,000 - $899,000

4 Beds
2 Baths
1,256 Sq Ft
$627/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $405,000 $322 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,633/month

17 Days on Market

About This Home

As of April 2014

Great property for your buyers who are looking to live in one and rent the other. Great community!! Seller is motivated. To show please contact listing agent for appointment please do not disturb tenants.

Last Agent to Sell the Property

CLAUDIA BANEGAS

CENTURY 21 REALTY MASTERS License #01028707 Listed on: 02/14/2014

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Bryan Curnel

Pinnacle Estate Properties, Inc. License #01871444

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 6,865 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,256 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Sewer on Bond

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 5014
  • Assessor Parcel Number 8140020028

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $840
  • Insurance Expense $976
  • Trash Expense $1,200
  • Water Sewer Expense $1,440
  • New Taxes Expense $5,194
  • Gross Income $3,100
  • Net Operating Income $26,830

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 8140020028
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 322.45

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Sewer: Sewer On Bond
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre, Level
  • Lot Size Sq Ft: 6865.00
  • Lot Size Acres: 0.1580

Multi Family

  • Average2 Bed Area: 628
  • Electric Expense: 840.00
  • Gross Income: 3100.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 976.00
  • Lot Size Area: 6865.0000 Square Feet
  • Net Operating Income: 26830.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 10370.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5194.00
  • Tax Lot: 20
  • Tax Tract Number: 5014
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Apr 17, 2014
Sold by
Picasso Karina
Bought by
Pastorian Zartar Margaret and Sarian Ovanes John
Seller's Agent
CLAUDIA BANEGAS
CENTURY 21 REALTY MASTERS
Buyer's Agent
Bryan Curnel
Pinnacle Estate Properties, Inc.
List Price
$398,000
Sold Price
$405,000
Premium/Discount to List
$7,000
1.76%
Current Estimated Value
$787,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,253
Avg. Annual Appreciation
5.85%
Original Mortgage
$135,000
Outstanding Balance
$102,548
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$684,705

Purchase Details

Closed on
Jun 30, 2000
Sold by
Becerra Rene and Becerra Maria
Bought by
Picasso Karina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,479
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 1994
Sold by
Gandara Eddie J and Gandara Delfina
Bought by
Becerra Rene and Becerra Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Pastorian Zartar Margaret $405,000 Chicago Title Company
Picasso Karina $186,000 Fidelity National Title Ins
Becerra Rene $164,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pastorian Zartar Margaret $135,000
Previous Owner Picasso Karina $184,479
Previous Owner Becerra Rene $132,000
Closed Becerra Rene $16,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2014 04/25/14 Sold $405,000 +1.8% $322 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $398,000 -- $317 / 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 $6,195 $496,461 $322,395 $174,066
2024 $6,195 $486,727 $316,074 $170,653
2023 $6,070 $477,184 $309,877 $167,307
2022 $5,934 $467,828 $303,801 $164,027
2021 $5,926 $458,656 $297,845 $160,811
2020 $5,859 $453,954 $294,791 $159,163
2019 $5,811 $445,054 $289,011 $156,043
2018 $5,659 $436,329 $283,345 $152,984
2016 $5,329 $419,389 $272,344 $147,045
2015 $5,219 $413,091 $268,254 $144,837
2014 $3,170 $228,623 $138,896 $89,727
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14037032

California Regional Multiple Listing Service (CRMLS)

APN: 8140-020-028