NOT LISTED FOR SALE

12771 1st Dr Cutler, CA 93615

6 Beds
4 Baths
2,562 Sq Ft
9,504 Sq Ft Lot

Last Sold August 13, 2014

Last sale price $255,000 $100 Per Sq Ft

123 Days on Market

Highlights

  • Colonial Architecture
  • Central Heating and Cooling System
  • Carpet
  • No HOA

About This Home

As of August 2014

Value add opportunity

Last Agent to Sell the Property

James Quessenberry

Northwind Commercial Inc License #01264498 Listed on: 03/28/2014

Last Buyer's Agent

James Quessenberry

Northwind Commercial Inc License #01264498 Listed on: 03/28/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 9,504 Sq Ft Lot
  • Lot Dimensions: 95

Home Design

  • Colonial Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Parking

  • 1 Parking Space Included
  • 10 Open Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 0321-4202-5

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 14 Units

Building Details

  • 13 Leased Units
  • 1 Vacant Unit
  • 14 Units Leased Month-To-Month
  • Insurance Expense $3,150
  • Operating Expense $47,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1981
  • Accessibility Features: 0
  • Architectural Style: Colonial
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet, Laminate

Exterior Features

  • Construction Materials: Frame, Stucco
  • Disclosures/Documents: See Remarks
  • Listing Price: 420000.00
  • Patio And Porch Features: See Remarks
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 10
  • Parking Features: Open, 1-Space Per Unit

Utilities

  • Security: See Remarks
  • Cooling: Central, Wall Unit(s)
  • Heating: Central, Wall Furnace

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: multi family
  • Lot Size Acres: 0.2182
  • Lot Dimensions: 95.04x100
  • Lot Size Sq Ft: 9504

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 14

Multi Family

  • Operating Expense: 47300
  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Insurance Expense: 3150
  • Number of Leased Units: 13
  • Number of Month to Month Units: 14
  • Number of Units: 14
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Gross Income Multiplier: 4.000

Tax Info

  • Assessor Parcel Number: 0321-4202-5

MLS Schools

  • School District (County): Other

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2014 08/13/14 Sold $255,000 -39.3% $100 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $420,000 -- $164 / Sq Ft
Source: MetroList

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 $3,258 $306,470 $50,477 $255,993
2024 $3,258 $300,462 $49,488 $250,974
2023 $3,191 $294,571 $48,518 $246,053
2022 $3,093 $288,796 $47,567 $241,229
2021 $3,046 $283,133 $46,634 $236,499
2020 $2,956 $280,230 $46,156 $234,074
2019 $2,991 $274,735 $45,251 $229,484
2018 $3,004 $269,348 $44,364 $224,984
2017 $2,972 $264,067 $43,494 $220,573
2016 $2,886 $258,889 $42,641 $216,248
2015 $4,341 $255,000 $42,000 $213,000
2014 $4,341 $400,891 $100,000 $300,891
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14018071

MetroList