NOT LISTED FOR SALE

Estimated Value: $1,217,000 - $1,872,000

9 Beds
4 Baths
3,684 Sq Ft
$424/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $900,000 $244 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $9,883/month

44 Days on Market

Highlights

  • 0.49 Acre Lot
  • Laundry Room
  • Level Lot
  • Community Fire Pit
  • Detached Carport Space

About This Home

As of December 2014

Great 4 lovely houses sit on this huge and rectangle flat lot, plat map shows dimension at 75'x317'. Title shows total lot size is 21,504. 4 addresses are: 12332,12334,12336 & 12340 Felipe St. Totally separated utility meters include water meter, yes each house has their own water meter. Each unit has individual laundry hookup inside. Fabulous opportunity for investors and buyer who wants to occupy one unit and rent the other three.
Front house content big living size of total 1152 sqft and big own front yard. Central A/C & heater. New paint inside and refurbished kitchen cabinet, newer laminated floor. The other three units were all built in 1968, two bedroom 1 bath with comfortable living size of 844 sqft. They have very nice updated inside condition. For the back unit, it has newer paint, newer kitchen counter top, newer cabinet and bathroom. Private front gate and fenced with plenty of parking. it located in highly desirable rental area. Neighborhood house price has big upside potential. Some newer construction is happening on the same street. This property There are many convenient features such as walking distance to schools, close to supermarkets, restaurants, parks and shopping area as well as easy access to freeways 605, 60 10.

Last Agent to Sell the Property

Rhea Bai

RE/MAX PREMIER/ARCADIA License #01360246 Listed on: 09/10/2014

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Dina Elzik

MARK ELZIK, BROKER License #01748064

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,289

Year Built

  • Built in 1947

Lot Details

  • 0.49 Acre Lot
  • No Common Walls
  • Level Lot

Home Design

  • 3,684 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 9 Parking Spaces
  • Detached Carport Space
  • Parking Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 4340
  • Assessor Parcel Number 8108011002

Community Details

Overview

  • 4 Buildings
  • 4 Units

Amenities

  • Community Fire Pit

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $480
  • Insurance Expense $1,800
  • Trash Expense $600
  • New Taxes Expense $11,250
  • Gross Income $5,550
  • Net Operating Income $50,454

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,289

Year Built

Built in 1947

Lot Details

0

Listing Details

  • CapRate: 5.60
  • Property Attached: No
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 8108011002
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 244.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Fire Pit
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 21504.00
  • Lot Size Acres: 0.4940

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 844
  • Average3 Bed Area: 1152
  • Gross Income: 5550.00
  • Gross Scheduled Income: 66600.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 21504.0000 Square Feet
  • Net Operating Income: 50454.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Patio: 1
  • Operating Expense: 14130.00
  • Rent Control: No
  • Vacancy Allowance: 2016
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11250.00
  • Tax Lot: 1
  • Tax Tract Number: 4340
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2019
Sold by
Lee Ryan Kahn and Lee Lynn Huott
Bought by
Lee Ryan K and Lee Lynn H
Current Estimated Value
$1,572,494

Purchase Details

Listed on
Sep 10, 2014
Closed on
Dec 7, 2014
Sold by
Davidson Michael
Bought by
Davidson Jeannette P
Seller's Agent
Rhea Bai
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Dina Elzik
MARK ELZIK, BROKER
List Price
$899,990
Sold Price
$900,000
Premium/Discount to List
$10
0.001%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%

Purchase Details

Listed on
Sep 10, 2014
Closed on
Dec 3, 2014
Sold by
Davidson Jeannette P and Stimmell Rosalie
Bought by
Huot Lee Ryan Kahn and Huot Lee Lynn
Seller's Agent
Rhea Bai
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Dina Elzik
MARK ELZIK, BROKER
List Price
$899,990
Sold Price
$900,000
Premium/Discount to List
$10
0.001%

Purchase Details

Closed on
Apr 9, 2008
Sold by
Davidson Jeannette P and Stimmell Rosalie
Bought by
Davidson Jeannette P and Stimmell Rosalie

Purchase Details

Closed on
Feb 27, 1996
Sold by
Chu Ming R and Chu Ming E
Bought by
Mountain View School District

Purchase Details

Closed on
Nov 19, 1993
Sold by
Diaz Jose Jesus and Diaz Maria Carmen
Bought by
Diaz Jose J and Diaz Maria Carmen
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
Lee Ryan K -- None Available
Davidson Jeannette P -- Fidelity National Title Co
Stimmell Rosalie -- Fidelity National Title Co
Huot Lee Ryan Kahn $900,000 Fidelity National Title Co
Davidson Jeannette P -- None Available
Mountain View School District -- --
Diaz Jose J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrade Jose $200,000
Previous Owner Bugarin Ramiro $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2014 12/29/14 Sold $900,000 0.0% $244 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $899,990 0.0% $244 / Sq Ft
06/09/2012 06/09/12 Rented $1,600 -5.9% --
06/08/2012 06/08/12 Under Contract -- -- --
03/19/2012 03/19/12 For Rent $1,700 -- --
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 $15,289 $1,081,655 $648,993 $432,662
2024 $15,289 $1,060,447 $636,268 $424,179
2023 $15,047 $1,039,655 $623,793 $415,862
2022 $14,480 $1,019,270 $611,562 $407,708
2021 $14,831 $999,285 $599,571 $399,714
2020 $14,395 $989,040 $593,424 $395,616
2019 $14,380 $969,648 $581,789 $387,859
2018 $13,669 $950,636 $570,382 $380,254
2016 $12,598 $913,725 $548,235 $365,490
2015 $12,465 $900,000 $540,000 $360,000
2014 $2,043 $86,156 $25,976 $60,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14200764

California Regional Multiple Listing Service (CRMLS)

APN: 8108-011-002