NOT LISTED FOR SALE

Estimated Value: $641,000 - $706,000

9 Beds
6 Baths
3,320 Sq Ft
$204/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $1,070,000 $322 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $3,911/month

128 Days on Market

Highlights

  • 1.39 Acre Lot
  • High Ceiling
  • Forced Air Heating and Cooling System
  • Main Floor Primary Bedroom
  • Laundry Room
  • Carpet

About This Home

As of January 2016

3 Units condominium with 3 individual assessor parcel number 5729-028-041. 5729-028-042 and 5729-028-048 to be sold together as one portfolio. Unit 18 and 19 has 3 bedroom and 2 bathroom with 1,140 SF, unit 25 has 2 bedroom and 2 bathroom with 1,040 SF. Long term Tenants moved in since 1987, 2 car attached garage with direct access, private patio at the back of each unit, balcony off dining room, gated community. HOA fee covered water and trash. Lot size of 60,512 SF are the lot size for all 31 units on the complex.

Last Agent to Sell the Property

Katie Chai

ReMax 2000 Realty License #01457862 Listed on: 07/29/2015

ReMax 2000 Realty

Last Buyer's Agent

Katie Chai

ReMax 2000 Realty License #01457862 Listed on: 07/29/2015

ReMax 2000 Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 1.39 Acre Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Tile Roof

Interior Spaces

  • 3,320 Sq Ft Home
  • High Ceiling
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Tract Number 44926
  • Assessor Parcel Number 5729028041

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $525
  • Maintenance Expense $257
  • Other Expense $8,640
  • New Taxes Expense $12,849
  • Gross Income $6,400
  • Net Operating Income $54,332

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

1.39 Acres

Parking

2

Listing Details

  • CapRate: 5.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 5729028041
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: High Ceilings
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 322.29
  • Room Type: Living Room, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 60512.00
  • Price Per Lot Square Foot: 17.68
  • Lot Size Acres: 1.3890

Multi Family

  • Average2 Bed Area: 1040
  • Average3 Bed Area: 1140
  • Gross Income: 6400.00
  • Gross Multiplier: 13.93
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 525.00
  • Lot Size Area: 60512.0000 Square Feet
  • Maintenance Expense: 257.00
  • Net Operating Income: 54332.00
  • 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
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 22468.00
  • Other Expense: 8640.00
  • Other Income Description: HOA Fees includes water/trash
  • Rent Control: No
  • Total Actual Rent: 6200.00

Tax Info

  • New Taxes Expense: 12849.00
  • Tax Tract Number: 44926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2015
Closed on
Dec 21, 2015
Sold by
Trainon Groups Llc
Bought by
Zhang Feng and Wang Mingxu
Seller's Agent
Katie Chai
ReMax 2000 Realty
Buyer's Agent
Katie Chai
ReMax 2000 Realty
List Price
$1,070,000
Sold Price
$1,070,000
Current Estimated Value
$676,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$393,608
Avg. Annual Appreciation
-4.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Feng $375,000 Fatcola
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2016 01/26/16 Sold $1,070,000 0.0% $322 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $1,070,000 0.0% $322 / Sq Ft
12/17/2012 12/17/12 Rented $1,690 -5.6% --
12/17/2012 12/17/12 Under Contract -- -- --
11/06/2012 11/06/12 For Rent $1,790 -- --
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
2025 $5,108 $443,914 $231,783 $212,131
2024 $5,108 $435,211 $227,239 $207,972
2023 $5,063 $426,679 $222,784 $203,895
2022 $4,889 $418,314 $218,416 $199,898
2021 $4,690 $410,113 $214,134 $195,979
2019 $4,516 $397,951 $207,784 $190,167
2018 $4,593 $390,149 $203,710 $186,439
2016 $2,791 $227,893 $121,543 $106,350
2015 $2,760 $224,471 $119,718 $104,753
2014 $2,710 $220,075 $117,373 $102,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15166385

California Regional Multiple Listing Service (CRMLS)

APN: 5729-028-041

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