NOT LISTED FOR SALE

Estimated Value: $624,000 - $825,767

8 Beds
8 Baths
3,632 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2018

Last sale price $495,000 $136 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,422 / mo

10 Days on Market

Highlights

  • Open Floorplan
  • Property is near park and public transit
  • Granite Countertops
  • Desert View
  • Wood Flooring
  • Private Yard

About This Home

As of August 2018

***YOUR SEARCH IS OVER! A VERY RARE OPPORTUNITY!*** An UPDATED, very well-maintained QuadPlex (4 units) with attached 2-car garage! Currently it is fully occupied, however once you see it you will want to move in and have the other three tenants either help or completely pay your mortgage for you! It almost feels inaccurate to call these units, as they feel like four individual homes! Each unit is OVER 900 square feet with 2 large bedrooms and 2 bathrooms attached to a private 2 car garage, with garage door opener where the full size washer and dryer hookups are located. In addition to the private patio area that each one has, each unit has central heating & air conditioning, family room with a gas fireplace and a dining area. There are also private driveways for additional parking. The very recent remodeling includes; new vinyl fencing, new appliances, new electric switches, outlets & LED lighting, new carpet and plank flooring, new low flow toilets, smart key locks, all new texture walls and ceilings with two tone paint, new smoke & carbon monoxide detectors and new trash enclosure. With all these AMAZING features, you as the owner, have a full exterior camera system that not only gives you a LIVE view, but it also has massive storage capacity, so you can always go back and review all the activity on your INCREDIBLE property. With all these GREAT features, the future of this property has unlimited possibilities! This is really a VERY RARE find!

Last Agent to Sell the Property

RUSS MONTOYA

Champions Real Estate License #01916455 Listed on: 06/30/2018

Last Buyer's Agent

Monica Munoz

COMPASS License #01915435

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 18,000 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • East Facing Home
  • Wood Fence
  • Chain Link Fence
  • Fence is in good condition
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Front Facing Garage

Property Views

  • Desert
  • Neighborhood

Home Design

  • Quadruplex
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 3,632 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Window Screens
  • Family Room with Fireplace
  • Laundry in Garage

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Home Security

  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Septic Type Unknown
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near park and public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, janitorial service, telephone
  • Tax Lot 140
  • Tax Tract Number 7994
  • Assessor Parcel Number 3087444100000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,978
  • Trash Expense $1,032
  • Water Sewer Expense $1,800
  • New Taxes Expense $3,875
  • Operating Expense $8,685
  • Gross Income $42,600
  • Net Operating Income $33,915

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.41 Acres

Parking

8

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 3087444100000
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Formica Counters, Granite Counters, Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Wood
  • Appliances: Yes
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Price Per Square Foot: 136.29
  • Room Type: All Bedrooms Down, Family Room, Main Floor Bedroom
  • Window Features: Screens

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Desert, Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Good Condition, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Vented Exhaust Fan
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, Forced Air, Electric, Natural Gas
  • Laundry Features: In Garage, Inside
  • Sewer: Septic Type Unknown
  • Trash Expense: 1032.00
  • Water Source: Public
  • Cooling: Central Air, Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, Park Nearby, Paved, Yard
  • Lot Size Sq Ft: 18000.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Janitorial Service, Telephone

Multi Family

  • Gross Income: 42600.00
  • Gross Scheduled Income: 42600.00
  • Insurance Expense: 1978.00
  • Net Operating Income: 33915.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Operating Expense: 8685.00
  • Rent Control: No
  • Total Expenses: 8685.00

Tax Info

  • New Taxes Expense: 3875.00
  • Tax Area: 21077
  • Tax Census Tract: 97.10
  • Tax Lot: 140
  • Tax Tract Number: 7994

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Jul 30, 2018
Sold by
Bought by
Seller's Agent
RUSS MONTOYA
Champions Real Estate
Buyer's Agent
Monica Munoz
COMPASS
List Price
$489,000
Sold Price
$495,000
Premium/Discount to List
$6,000
1.23%
Current Estimated Value
$709,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,192
Avg. Annual Appreciation
4.60%
Original Mortgage
$346,500
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2015
Closed on
Sep 22, 2015
Sold by
Bought by
Seller's Agent
Alaura Clennon
Griffin Real Estate, Inc.
Buyer's Agent
Richard Schaub
OAK HILLS REALTY
List Price
$299,990
Sold Price
$295,995
Premium/Discount to List
-$3,995
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.16%
Original Mortgage
$219,000
Interest Rate
0.0386%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2012
Closed on
Apr 9, 2012
Sold by
Bought by
Seller's Agent
MIA MELLE
WEST COAST PROPERTY SPECIALIS
Buyer's Agent
MIA MELLE
WEST COAST PROPERTY SPECIALIS
Sold Price
$750

Purchase Details

Closed on
Aug 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 1997
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 1997
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$495,000 Lawyers Title Company
$296,000 Ticor
$205,300 Accommodation
-- None Available
-- None Available
-- None Available
$130,000 Chicago Title Co
$96,000 First American Title Ins Co
-- First American Title Ins Co
$74,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $351,000
Closed $346,500
Previous Owner $219,000
Previous Owner $1,433,899
Previous Owner $195,000
Previous Owner $132,192
Previous Owner $50,000
Previous Owner $15,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2018 08/03/18 Sold $495,000 +1.2% $136 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $489,000 +65.2% $135 / Sq Ft
10/16/2015 10/16/15 Sold $295,995 -1.3% $81 / Sq Ft View Prior Sale
09/15/2015 09/15/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $299,990 0.0% $83 / Sq Ft
07/18/2014 07/18/14 Rented $750 0.0% --
07/18/2014 07/18/14 Under Contract -- -- --
07/17/2014 07/17/14 For Rent $750 0.0% --
04/25/2014 04/25/14 Rented $750 0.0% --
04/25/2014 04/25/14 Under Contract -- -- --
04/23/2014 04/23/14 For Rent $750 0.0% --
09/01/2012 09/01/12 Rented $750 0.0% --
08/24/2012 08/24/12 Under Contract -- -- --
08/16/2012 08/16/12 For Rent $750 0.0% --
06/01/2012 06/01/12 Rented $750 0.0% --
06/01/2012 06/01/12 Under Contract -- -- --
05/08/2012 05/08/12 For Rent $750 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,701 $563,223 $22,755 $540,468
2025 $6,701 $552,180 $22,309 $529,871
2024 $6,513 $541,353 $21,872 $519,481
2023 $6,453 $530,738 $21,443 $509,295
2022 $6,354 $520,332 $21,023 $499,309
2021 $6,210 $510,130 $20,611 $489,519
2020 $6,133 $504,900 $20,400 $484,500
2019 $6,020 $495,000 $20,000 $475,000
2018 $3,931 $307,958 $26,010 $281,948
2017 $3,876 $301,920 $25,500 $276,420
2016 $3,579 $296,000 $25,000 $271,000
2015 $2,141 $167,216 $20,902 $146,314
2014 $2,112 $163,941 $20,493 $143,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18147934

California Regional Multiple Listing Service (CRMLS)

APN: 3087-444-10

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