$520,000
SOLD MAR 22, 2013
4 Beds
4 Baths
3,800 Sq Ft
7,210 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

2% Below List Price

Highlights

  • Double Pane Windows
  • Sliding Doors
  • Heating System Uses Natural Gas
  • Tile Flooring
  • Laundry Facilities

About This Home

As of September 2018

** BANK-APPROVED PRICE ** tenant occupied rentals 4-plex. All units are 2 bedroom, 1 1/4 bath with private patio. All upstairs bathroom have been remodeled. New dual pane windows as well as new sliding glass door through out complex. Kitchen countertops have been upgraded, all units have been repainted and re-carpeted. Automatic sprinklers in front of rental unit. Carport re-surfaced within approximately the last 4 years. All units have ceiling fans upstairs and downstairs. Small air conditioner unit downstairs.

Last Agent to Sell the Property

Emilie-Marie Abueva

Partners Real Estate Group License #01898341 Listed on: 07/10/2012

Last Buyer's Agent

Stacy McCullough

Berkshire Hathaway HomeService License #01250385

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,665

Year Built

  • Built in 1962

Lot Details

  • 7,210 Sq Ft Lot
  • Lot Dimensions are 70x103

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,800 Sq Ft Home
  • Double Pane Windows
  • Sliding Doors
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 2857
  • Assessor Parcel Number 110050003

Community Details

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $80
  • Insurance Expense $161
  • Other Expense $167
  • Pest Control $25
  • Trash Expense $124
  • Water Sewer Expense $288
  • Gross Income $3,334
  • Net Operating Income $40,008

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,665

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 7.83
  • View: No
  • Water Sewer Expenses: 288.00
  • Property Type: Residential Income
  • Gardener Expense: 80.00
  • Parcel Number: 110050003
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Appliances: No
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 136.84
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Cooking
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 25.00
  • Trash Expense: 124.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 70x103
  • Lot Size Sq Ft: 7210.00
  • Lot Size Acres: 0.1660

Multi Family

  • Gross Income: 3334.00
  • Gross Multiplier: 10.69
  • Gross Scheduled Income: 47820.00
  • Insurance Expense: 161.00
  • Net Operating Income: 40008.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Carpet: 4
  • Operating Expense: 651.00
  • Other Expense: 167.00
  • Other Expense Description: MAINT
  • Vacancy Allowance Rate: 6.00

Tax Info

  • Tax Area: 4003
  • Tax Lot: 3
  • Tax Tract Number: 2857

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 12, 2018
Sold by
Steinmetz Gregg
Bought by
Yip Jonal Chingping
Seller's Agent
Gabriel Arambula
Broker Groves, Inc
Buyer's Agent
Emil Yip
List Price
$785,000
Sold Price
$790,000
Premium/Discount to List
$5,000
0.64%
Total Days on Market
0
Current Estimated Value
$1,163,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,063
Avg. Annual Appreciation
5.92%

Purchase Details

Listed on
Aug 13, 2018
Closed on
Aug 21, 2018
Sold by
Steinmetz Gregg Douglas
Bought by
Steinmetz Gregg
Seller's Agent
Gabriel Arambula
Broker Groves, Inc
Buyer's Agent
Emil Yip
List Price
$785,000
Sold Price
$790,000
Premium/Discount to List
$5,000
0.64%

Purchase Details

Closed on
May 10, 2018
Sold by
Steinmetz Gregg
Bought by
Steinmetz Gregg Douglas

Purchase Details

Listed on
Sep 3, 2016
Closed on
Feb 28, 2017
Sold by
Harold Timothy M
Bought by
Steinmetz Gregg
Seller's Agent
Stacy McCullough
Berkshire Hathaway HomeService
Buyer's Agent
Gregg Steinmetz
Platinum Financial Services
List Price
$854,000
Sold Price
$720,000
Premium/Discount to List
-$134,000
-15.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Interest Rate
4.16%

Purchase Details

Closed on
Jul 27, 2015
Sold by
Harold Timothy Michael and Harold Debi Jo
Bought by
Harold Family Trust

Purchase Details

Closed on
Jan 3, 2013
Sold by
Olivas Philip and Olivas Virginia
Bought by
Harold Timothy Michael and Harold Debi Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 2007
Sold by
Lee Won and Lee Heather M
Bought by
Olivas Philip and Olivas Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.14%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 26, 2000
Sold by
Lee Won
Bought by
Lee Won and Lee Kwang Ja

Purchase Details

Closed on
Jul 7, 2000
Sold by
Lee Heather M
Bought by
Lee Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2000
Sold by
Lujan Ferrero
Bought by
Lee Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 1998
Sold by
Darr Edward B and Darr Jill A
Bought by
Ferrero Lujan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,238
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 1997
Sold by
Darr Edward B and Darr Jill A
Bought by
Darr Edward B and Darr Jill A

Purchase Details

Closed on
Oct 29, 1996
Sold by
Darr Edward B
Bought by
Darr Edward B and Darr Jill A

Purchase Details

Closed on
Aug 23, 1996
Sold by
Darr Jill
Bought by
Darr Edward B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,100
Interest Rate
8.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 30, 1996
Sold by
Federal National Mortgage Association
Bought by
Darr Edward B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,100
Interest Rate
8.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 12, 1996
Sold by
Ansari Mobin and Ansari Yasmeen
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,100
Interest Rate
8.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 6, 1990
Sold by
Masood Mohammad
Bought by
Ansari Mobin and Ansari Yasmeen
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 Type Sale Price Title Company
Grant Deed $790,000 Pacific Coast Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- Accommodation
Deed -- --
Interfamily Deed Transfer -- None Available
Grant Deed $520,000 Landwood Title
Grant Deed $660,000 Commerce Title
Interfamily Deed Transfer -- Commerce Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $235,000 Fidelity National Title
Grant Deed $182,500 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- Continental Lawyers Title Co
Grant Deed $102,500 Continental Lawyers Title Co
Trustee Deed $189,182 North American Title Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $536,500 Commercial
Previous Owner -- No Value Available
Previous Owner $295,000 Commercial
Previous Owner $528,000 Negative Amortization
Previous Owner $100,000 Credit Line Revolving
Previous Owner $475,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $188,000 Commercial
Previous Owner $181,238 FHA
Previous Owner $122,500 Commercial
Previous Owner $99,100 Seller Take Back
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $790,000 +0.6% $203 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $785,000 +9.0% $201 / Sq Ft
03/01/2017 03/01/17 Sold $720,000 -2.7% $189 / Sq Ft
01/18/2017 01/18/17 Price Changed $740,000 -7.3% $195 / Sq Ft
09/23/2016 09/23/16 Price Changed $798,000 -6.6% $210 / Sq Ft
09/03/2016 09/03/16 For Sale $854,000 +64.2% $225 / Sq Ft
03/22/2013 03/22/13 Sold $520,000 -1.9% $137 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $530,000 -- $139 / 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
2023 $9,665 $847,037 $203,717 $643,320
2022 $9,360 $830,429 $199,723 $630,706
2021 $9,175 $814,147 $195,807 $618,340
2020 $9,074 $805,800 $193,800 $612,000
2019 $8,864 $790,000 $190,000 $600,000
2018 $8,220 $734,400 $153,000 $581,400
2017 $6,163 $551,736 $97,614 $454,122
2016 $6,103 $540,918 $95,700 $445,218
2015 $5,970 $532,795 $94,263 $438,532
2014 $5,752 $522,360 $92,417 $429,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P828366

California Regional Multiple Listing Service (CRMLS)

APN: 110-050-003