NOT LISTED FOR SALE

Estimated Value: $931,000 - $1,317,000

5 Beds
3 Baths
3,167 Sq Ft
$361/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $720,000 $227 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,280/month

2 Days on Market

Highlights

  • 19,126 Sq Ft lot
  • Level Lot
  • Back and Front Yard
  • No HOA

About This Home

As of February 2017

3 separate houses on a rectangular lot of 19,126sq ft. 12529 Fineview has 2 bedrooms, 1 bathroom built in 1947 with 1,155sf with double detached garage. 12525 Fineview has 1 bedroom, 1 bathroom built in 1953 with 972sf, single garage. 12525 1/2 Fineview has 2 bedrooms, 1 bathroom built in 1955 with 1,040sf, single garage. Separately metered. Upside potential. Rents are below market. Please do not disturb tenants.

Last Agent to Sell the Property

Greg Jones

Jones Real Estate License #00661121 Listed on: 11/07/2016

Last Buyer's Agent

Gloria Chu

IRN REALTY License #01780122

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,677

Year Built

  • Built in 1947

Lot Details

  • 0.44 Acre Lot
  • No Common Walls
  • Level Lot
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • 3,167 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 11046
  • Assessor Parcel Number 8108023018

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $1,350
  • Maintenance Expense $325
  • Other Expense $942
  • Trash Expense $1,128
  • Water Sewer Expense $2,707
  • New Taxes Expense $3,503
  • Operating Expense $11,755
  • Gross Income $35,400
  • Net Operating Income $23,645

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,677

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: Jana
  • Other Phone Number: 7142258601
  • Property Attached: No
  • Water Sewer Expenses: 2707.00
  • Zoning: EMR1BY
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 8108023018
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 227.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 1128.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19126.00

Multi Family

  • Gross Income: 35400.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 1350.00
  • Maintenance Expense: 325.00
  • Net Operating Income: 23645.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 11755.00
  • Other Expense: 942.00
  • Rent Control: No
  • Total Actual Rent: 2950.00
  • Total Expenses: 11755.00

Tax Info

  • New Taxes Expense: 3503.00
  • Tax Census Tract: 4340.03
  • Tax Lot: 13
  • Tax Tract Number: 11046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2016
Closed on
Jan 9, 2017
Sold by
Zhang Yun
Bought by
Li Hairong
Seller's Agent
Greg Jones
Jones Real Estate
Buyer's Agent
Gloria Chu
IRN REALTY
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Current Estimated Value
$1,151,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,978
Avg. Annual Appreciation
5.59%
Original Mortgage
$265,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2016
Sold by
Helsley Nancy Lee and Helsley Coulon Sibling Trust
Bought by
Li Hairong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2001
Sold by
Helsley Nancy Lee and Coulon Virginia Lee
Bought by
Coulon Virginia Lee and Helsley Nancy Lee
Source: Public Records

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 Buyer Sale Price Title Company
Li Hairong -- Fidelity National Title Co
Li Hairong $720,000 Fidelity National Title Co
Coulon Virginia Lee -- --
Hesley Nancy Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Hairong $489,000
Closed Li Hairong $540,000
Previous Owner Li Hairong $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $720,000 -4.0% $227 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $750,000 -- $237 / 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 $11,677 $835,615 $543,152 $292,463
2024 $11,677 $819,231 $532,502 $286,729
2023 $11,490 $803,168 $522,061 $281,107
2022 $11,052 $787,421 $511,825 $275,596
2021 $11,326 $771,983 $501,790 $270,193
2020 $10,990 $764,068 $496,645 $267,423
2019 $10,978 $749,087 $486,907 $262,180
2018 $10,531 $734,400 $477,360 $257,040
2016 $3,541 $218,741 $96,242 $122,499
2015 $3,503 $215,456 $94,797 $120,659
2014 $3,457 $211,237 $92,941 $118,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16741069

California Regional Multiple Listing Service (CRMLS)

APN: 8108-023-018