$575,000
SOLD APR 30, 2019
3 Beds
2 Baths
1,340 Sq Ft
6,250 Sq Ft Lot

Recently Sold

$429 Per Sq Ft

9% Below List Price

48 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cathedral Ceiling
  • Private Yard
  • Baywood Elementary School Rated A-
  • Living Room with Attached Deck
  • Neighborhood Views

About This Home

As of May 2024

A rare Baywood Village Gem. Two homes on one legal R2 lot. One block from the bay. Two blocks to shops and restaurants in Baywood Village. 1238 A is a two bedroom one bath stucco home, and 1238 B is a one bedroom cottage style home. Both homes have been extensively restored, and look crisp and new inside and out. No tenants since renovation but stop-by prospects offered $1495.00. Pro forma rent for two bedroom is $2025 - $2350. No garages but plenty of parking. Backyards spacious and unfinished, ready for green thumb.

Cobble stone driveways and patio. New water heaters, new roof each home, paint, carpet, plumbing fixtures, cabinets, appliances, one wall heater, new electrical wiring and fixtures. Two electric meters, other utilities could be sub-metered. Homes have been tented. Live in one side and rent the other. Nice enough to do so. Great future development potential. High lot with killer views from future second stories. BIG lot. Tough to go wrong with this one. Call soon.

Last Agent to Sell the Property

Michael Juner

J. TenBroeck Real Estate License #02079024

Last Buyer's Agent

Jeff Inman

Inman Real Estate Investments License #01031072

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,404

Year Built

  • Built in 1963

Lot Details

  • 6,250 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Redwood Fence
  • New Fence
  • Level Lot
  • Private Yard
  • Back and Front Yard

Home Design

  • Duplex
  • Bungalow
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,340 Sq Ft Home
  • Cathedral Ceiling
  • Recessed Lighting
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Living Room with Attached Deck
  • Neighborhood Views

Kitchen

  • Galley Kitchen
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Brick Driveway
  • Gravel Driveway
  • Paved Parking
  • On-Street Parking
  • Parking Lot

Accessible Home Design

  • Doors swing in
  • No Interior Steps
  • More Than Two Accessible Exits
  • Low Pile Carpeting
  • Accessible Parking

Location

  • Suburban Location

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected
  • Private Water Source
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 & / 36
  • Assessor Parcel Number 038112009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,404

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Town of El Moro(680)
  • View: Yes
  • Zoning: RMF
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 038112009
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Living Room Deck Attached, Recessed Lighting, Tile Counters, Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits, Doors - Swing In, Low Pile Carpeting, No Interior Steps, Parking
  • Appliances: Yes
  • Door Features: French Doors, Panel Doors, Sliding Doors
  • Levels: One
  • Price Per Square Foot: 429.10
  • Room Type: All Bedrooms Down, Galley Kitchen

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition, New Condition, Privacy, Redwood, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking Features: Driveway, Driveway - Brick, Gravel, Paved, Parking Space, Street

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Gas Water Heater, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Utilities - Overhead, Walkstreet, Yard
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Multi Family

  • Gross Scheduled Income: 3750.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6250.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 36
  • Tax Census Tract: 107.01
  • Tax Lot: 15 &

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
May 6, 2024
Sold by
Reiss Family Trust and Reiss Thomas
Bought by
Sanford Matthew D and Ryan Tess M
Seller's Agent
Jeff Inman
Inman Real Estate Investments
Buyer's Agent
Courtney Huckabay
List Price
$799,900
Sold Price
$820,000
Premium/Discount to List
$20,100
2.51%
Total Days on Market
48
Views
61
Current Estimated Value
$854,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,517
Avg. Annual Appreciation
4.13%
Original Mortgage
$697,000
Outstanding Balance
$690,301
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$164,216

Purchase Details

Closed on
Oct 7, 2020
Sold by
Reiss Thomas and Reiss Valerie L
Bought by
Reiss Thomas and Reiss Valerie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,605
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 24, 2019
Sold by
Juner Michael A and Day John T
Bought by
Reiss Thomas and Reiss Valerie L
Seller's Agent
Michael Juner
J. TenBroeck Real Estate
Buyer's Agent
Jeff Inman
Inman Real Estate Investments
List Price
$629,000
Sold Price
$575,000
Premium/Discount to List
-$54,000
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$350,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2018
Sold by
Mullins Garth
Bought by
Juner Michael A and Day John T

Purchase Details

Closed on
May 22, 2003
Sold by
Mullins George W
Bought by
Mullins Garth

Purchase Details

Closed on
Sep 30, 1993
Sold by
Mullins George W
Bought by
Mullins George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.09%
Mortgage Type
Commercial

Map

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $820,000 First American Title
Interfamily Deed Transfer -- Amrock Llc
Interfamily Deed Transfer -- Amrock Llc
Grant Deed $575,000 First American Title Company
Grant Deed $425,000 First American Title Co
Interfamily Deed Transfer -- --
Grant Deed -- Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $697,000 New Conventional
Previous Owner $330,605 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $326,250 Commercial
Previous Owner $40,000 Credit Line Revolving
Previous Owner $200,000 Commercial
Previous Owner $30,000 Credit Line Revolving
Previous Owner $130,000 Commercial
Previous Owner $115,000 Commercial
Previous Owner $88,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $820,000 +2.5% $649 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/13/2024 04/13/24 For Sale $799,900 +39.1% $633 / Sq Ft
04/30/2019 04/30/19 Sold $575,000 -4.2% $429 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $599,950 -4.6% $448 / Sq Ft
02/18/2019 02/18/19 For Sale $629,000 -- $469 / 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
2024 $9,404 $628,842 $437,456 $191,386
2023 $9,404 $616,513 $428,879 $187,634
2022 $9,035 $604,425 $420,470 $183,955
2021 $9,066 $592,575 $412,226 $180,349
2020 $8,331 $586,500 $408,000 $178,500
2019 $6,651 $425,000 $275,000 $150,000
2018 $3,298 $112,849 $53,554 $59,295
2017 $3,077 $110,637 $52,504 $58,133
2016 $2,200 $108,469 $51,475 $56,994
2015 $2,180 $106,840 $50,702 $56,138
2014 $2,079 $104,748 $49,709 $55,039
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19037337

California Regional Multiple Listing Service (CRMLS)

APN: 038-112-009