$300,000
SOLD DEC 17, 2012
2 Beds
2 Baths
1,760 Sq Ft
6,731 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

About This Home

As of October 2014

4 unit. all Studios. each with its own kitchen and full bath. 4 detatched one car garages. 3 of the units are rented at $600/ month and 1 is rented at $625/month. 1 unit has a newer kitchen. All units have new heaters and 2 have new water heaters. City inspected and passed building in July.
DO NOT DISTURB TENANTS.OFFER SUBJECT TO INSPECTION!
Call listing agent for more information.

Last Agent to Sell the Property

BrokerInTrust - Carnahan Family

BrokerInTrust Real Estate - Tom Carnahan License #00547560 Listed on: 10/17/2012

Last Buyer's Agent

Vito Scattaglia

Pinnacle Estate Properties, Inc. License #01293902

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,782

Year Built

  • Built in 1947

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,760 Sq Ft Home
  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,731 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 5481
  • Assessor Parcel Number 2513024006

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $100
  • Insurance Expense $1,000
  • Maintenance Expense $500
  • Pest Control $100
  • Trash Expense $100
  • Water Sewer Expense $400
  • New Taxes Expense $4,000
  • Gross Income $2,400
  • Net Operating Income $21,825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,782

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Inclusions: none. Tenants own refrigs and stoves.
  • Other Phone Description: office
  • Other Phone Number: 8188841500
  • View: No
  • Water Sewer Expenses: 400.00
  • Zoning: 4 unit
  • Property Type: Residential Income
  • Parcel Number: 2513024006
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 170.45

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Pest Control Expense: 100.00
  • Trash Expense: 100.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6731.00
  • Lot Size Acres: 0.1550

Multi Family

  • Average Studio Area: 440
  • Electric Expense: 100.00
  • Gross Income: 2400.00
  • Gross Scheduled Income: 29100.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6731.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 21825.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 7275.00
  • Operating Expense Percent: 25.00
  • Rent Control: Yes
  • Total Actual Rent: 2425.00

Tax Info

  • New Taxes Expense: 4000.00
  • Taxes Percent: 0.75
  • Tax Lot: 19
  • Tax Tract Number: 5481
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2017
Sold by
Sallee Clinton J and The Sallee Family 2008 Revocab
Bought by
Sallee Clinton J and Sallee Kimberly M
Current Estimated Value
$742,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2014
Closed on
Sep 22, 2014
Sold by
Nasrallah Bader and Mendez Nasrallah Suzanna
Bought by
Sallee Clinton J and The Sallee Family 2008 Revocab
Seller's Agent
Vito Scattaglia
Pinnacle Estate Properties, Inc.
Buyer's Agent
Vito Scattaglia
Pinnacle Estate Properties, Inc.
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Listed on
Oct 17, 2012
Closed on
Oct 19, 2012
Sold by
Elroy Richard James and Worden Pamela Elroy
Bought by
Nasrallah Bader and Mendez Nasrallah Suzanna
Seller's Agent
BrokerInTrust - Carnahan Family
BrokerInTrust Real Estate - Tom Carnahan
Buyer's Agent
Vito Scattaglia
Pinnacle Estate Properties, Inc.
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.12%
Original Mortgage
$225,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2012
Sold by
Elroy Richard James and Worden Pamela Elroy
Bought by
Elroy Richard James and Worden Pamela Elroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 1996
Sold by
Elroy Helen and Elroy Family Trust
Bought by
Payne Helen Elroy and Richard Elroy Residual Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Interfamily Deed Transfer -- First American Title Company
Grant Deed $380,000 First American Title Company
Grant Deed $300,000 Equity Title
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Closed $50,000 New Conventional
Previous Owner $225,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $380,000 -1.3% $216 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
08/30/2014 08/30/14 For Sale $385,000 +28.3% $219 / Sq Ft
12/17/2012 12/17/12 Sold $300,000 -- $170 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
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 $5,782 $456,694 $274,017 $182,677
2024 $5,782 $447,741 $268,645 $179,096
2023 $5,675 $438,963 $263,378 $175,585
2022 $5,420 $430,357 $258,214 $172,143
2021 $5,350 $421,919 $253,151 $168,768
2019 $5,196 $409,407 $245,644 $163,763
2018 $5,080 $401,380 $240,828 $160,552
2016 $4,847 $385,795 $231,477 $154,318
2015 $4,779 $380,000 $228,000 $152,000
2014 $3,952 $301,362 $150,681 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12113451

California Regional Multiple Listing Service (CRMLS)

APN: 2513-024-006