NOT LISTED FOR SALE

Estimated Value: $895,000 - $1,533,469

8 Beds
8 Baths
4,000 Sq Ft
$281/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $618,888 $155 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,561/month

11 Days on Market

Highlights

  • Built in 1987 | Newly Remodeled
  • Living Room Balcony
  • Laundry Room
  • Contemporary Architecture
  • Ceramic Countertops
  • Storage

About This Home

As of May 2013

LOCATION, LOCATION, LOCATION. Newer, Modern and Contemporary building built in 1987 with 4 very spacious 2 + 2 units. Each unit has a Master suite with master bath and a 2nd bedroom and hallway bath, individual water heaters, central air and heat, balcony or yard or deck and two tuck under carport spaces with storage, for each unit, total of 8 parking spaces. 3 out of 4 tenants are long term. Tenants pay own gas and electric. Laundry room, plumbing is copper, concrete driveway, block wall fence, sprinklers on timer and low maintenance landscaping. Near 91 Freeway, banks and shopping. Walking distance to CVS, Walgreen, Superior Market, Wells Fargo and High School.

Last Agent to Sell the Property

Ivan Campana

IC PROPERTY License #00877180 Listed on: 04/08/2013

Last Buyer's Agent

Sharon Kao

Keller Williams Signature Realty License #01888271

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987 | Newly Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence

Home Design

  • Contemporary Architecture
  • Property Attached
  • Combination Foundation
  • Fire Rated Drywall
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • Sliding Doors
  • Storage
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Range Hood
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 9 Car Garage
  • 8 Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Living Room Balcony
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Assessor Parcel Number 118103005

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $384
  • Insurance Expense $1,350
  • Trash Expense $665
  • Water Sewer Expense $3,000
  • Gross Income $4,045

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1987 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 118103005
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Ceramic Counters, Copper Plumbing Full, Living Room Balcony, Storage, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 154.72
  • Room Type: Master Bedroom

Exterior Features

  • Foundation: Combination
  • Exterior Features: Rain Gutters
  • Fencing: Block
  • Pool Private: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Concrete, Off Street, Built-In Storage
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater, Range Hood
  • Heating Type: Central
  • Laundry Features: Common Area
  • Trash Expense: 665.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 384.00
  • Gross Income: 4045.00
  • Gross Scheduled Income: 48540.00
  • Insurance Expense: 1350.00
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 6
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Ong Michael G and Ong Christine Y
Bought by
Valle Verde Llc
Current Estimated Value
$1,122,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$419,691
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$703,176

Purchase Details

Closed on
Jan 22, 2016
Sold by
Ong Michael G and Ong Christine Y
Bought by
Valle Verde Llc

Purchase Details

Listed on
Apr 8, 2013
Closed on
Apr 29, 2013
Sold by
Alibullah Razeek and Perreira Cheryl
Bought by
Ong Michael G and Ong Christine Y
Seller's Agent
Ivan Campana
IC PROPERTY
Buyer's Agent
Sharon Kao
Keller Williams Signature Realty
List Price
$599,995
Sold Price
$618,888
Premium/Discount to List
$18,893
3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Closed on
Mar 7, 2011
Sold by
Alibullah Razeek and Perreira Cheryl
Bought by
Alibullah Razeek and Perreira Cheryl

Purchase Details

Closed on
May 14, 2008
Sold by
Gutierrez Edgar F
Bought by
Alibullah Razeek and Perreira Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2005
Sold by
Gutierrez Maria Trinidad
Bought by
Gutierrez Edgar F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,250
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2005
Sold by
Kim Tal Chi and Kim Jung Ja
Bought by
Gutierrez Edgar F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,250
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Valle Verde Llc -- First American Title
Valle Verde Llc -- None Available
Ong Michael G $619,000 Lawyers Title La
Alibullah Razeek -- None Available
Alibullah Razeek $620,000 Fidelity National Title Co
Gutierrez Edgar F -- Stewart Title
Gutierrez Edgar F $805,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valle Verde Llc $450,000
Previous Owner Alibullah Razeek $434,000
Previous Owner Gutierrez Edgar F $523,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2013 05/03/13 Sold $618,888 +3.1% $155 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $599,995 -- $150 / 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 $8,342 $762,099 $96,046 $666,053
2023 $8,342 $1,020,000 $255,000 $765,000
2022 $8,078 $718,146 $90,507 $627,639
2021 $7,918 $704,066 $88,733 $615,333
2020 $7,831 $696,848 $87,824 $609,024
2019 $7,649 $683,185 $86,102 $597,083
2018 $7,477 $669,790 $84,414 $585,376
2017 $7,293 $656,658 $82,759 $573,899
2016 $7,222 $643,784 $81,137 $562,647
2015 $7,064 $634,116 $79,919 $554,197
2014 $6,804 $621,696 $78,354 $543,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13061803

California Regional Multiple Listing Service (CRMLS)

APN: 118-103-005