NOT LISTED FOR SALE

Estimated Value: $616,000 - $885,000

3 Beds
2 Baths
2,017 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $380,000 $188 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,544/month

31 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • No HOA
  • Landscaped
  • Wall Furnace

About This Home

As of March 2017

Beautiful historic home built around 1905. The home has two approved units. The home has been a duplex since the 1940's. One is a 2-bedroom 1 bath home with large kitchen, separate dining and living room. The other unit has 1 bedroom, 1 bath. Sitting area, Separate game room. Tall ceilings. Pocket door separating the living area from the master bedroom. Property is sold as-is. No warranties implied or expressed. Home is also listed as CV17012198.

Last Agent to Sell the Property

GREGG ROSS

GREGG ROSS, BROKER License #01098792 Listed on: 01/18/2017

Last Buyer's Agent

Ricardo Carrillo

Quality Real Estate Corp. License #01476100

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 7,140 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Corner Lot
  • Front Yard Sprinklers

Home Design

  • Property Attached
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 2,017 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Shared Driveway
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 2
  • Tax Tract Number 14
  • Assessor Parcel Number 1048361040000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $720
  • Insurance Expense $967
  • Water Sewer Expense $1,800
  • New Taxes Expense $4,000
  • Operating Expense $7,487
  • Gross Income $23,340
  • Net Operating Income $15,853

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 1048361040000
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 188.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered, Driveway, Shared Driveway

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Landscaped, Sprinkler System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 7140.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 1217 Square Feet
  • Gross Income: 23340.00
  • Gross Operating Income: 23340.00
  • Gross Scheduled Income: 23340.00
  • Insurance Expense: 967.00
  • Net Operating Income: 15853.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 7487.00
  • Rent Control: No
  • Total Actual Rent: 1945.00
  • Total Expenses: 7487.00

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Census Tract: 14.00
  • Tax Lot: 2
  • Tax Tract Number: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Mercado Oscar and Mercado Erin
Bought by
Sbm Morning Star Llc
Current Estimated Value
$760,816

Purchase Details

Listed on
Jan 18, 2017
Closed on
Mar 8, 2017
Sold by
Mercado Erin Dalli
Bought by
Mercado Oscar
Seller's Agent
GREGG ROSS
GREGG ROSS, BROKER
Buyer's Agent
Ricardo Carrillo
Quality Real Estate Corp.
List Price
$399,990
Sold Price
$380,000
Premium/Discount to List
-$19,990
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$250,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2017
Closed on
Feb 23, 2017
Sold by
Nehls Ginger D and Idyk Alida V
Bought by
Mercado Oscar
Seller's Agent
GREGG ROSS
GREGG ROSS, BROKER
Buyer's Agent
Ricardo Carrillo
Quality Real Estate Corp.
List Price
$399,990
Sold Price
$380,000
Premium/Discount to List
-$19,990
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2016
Sold by
Nehls Ginger
Bought by
Nehls Ginger D and Idyk Alida V

Purchase Details

Closed on
Dec 14, 2016
Sold by
Nehls Gary K and Nehls Ginger D
Bought by
Nehls Ginger D and Idyk Alida V

Purchase Details

Closed on
Mar 25, 1995
Sold by
Panos Sofoclis and Panos Alida
Bought by
Ross Helen and Ross Armand
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Sbm Morning Star Llc -- None Available
Mercado Oscar -- Ticor Title Company Of Ca
Mercado Oscar $380,000 Ticor Title Company Of Ca
Nehls Ginger D -- Accommodation
Nehls Ginger D -- None Available
Ross Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercado Oscar $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $380,000 -5.0% $188 / Sq Ft
01/18/2017 01/18/17 For Sale $399,990 -- $198 / 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 $6,790 $441,023 $156,679 $284,344
2024 $6,790 $432,376 $153,607 $278,769
2023 $6,638 $423,898 $150,595 $273,303
2022 $6,539 $415,586 $147,642 $267,944
2021 $6,416 $407,437 $144,747 $262,690
2020 $6,337 $403,259 $143,263 $259,996
2019 $6,299 $395,352 $140,454 $254,898
2018 $4,341 $387,600 $137,700 $249,900
2017 $1,069 $95,674 $19,132 $76,542
2016 $1,028 $93,798 $18,757 $75,041
2015 $1,021 $92,389 $18,475 $73,914
2014 $989 $90,579 $18,113 $72,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17011827

California Regional Multiple Listing Service (CRMLS)

APN: 1048-361-04