NOT LISTED FOR SALE

Estimated Value: $959,000 - $1,439,035

5 Beds
3 Baths
2,604 Sq Ft
$447/Sq Ft Est. Value

Last Sold January 29, 2015

Last sale price $1,300,000 $499 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,980/month

254 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Floor Furnace
  • Westmoor High School Rated A-

About This Home

As of January 2015

Upstairs has 3 bedrooms, 1 bath. Grandfathered lower unit has 2 bedrooms, 2 baths. Parking space for 5 vehicles. House sits on a 60 x 120' lot with an adjoining lot that is 57 x 87'. The listing also includes a separate lot that is 28 x 87'.

Last Agent to Sell the Property

Ern Chiappari

Chiappari Real Estate License #00954577 Listed on: 05/08/2014

Last Buyer's Agent

Frank M.C. Wong

Presidio Realty License #01359085

Property Details

Home Type

  • Multi-Family

Year Built

  • 1906

Lot Details

  • 6,752

Home Design

  • Duplex

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Carport
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Floor Furnace
  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $19,200
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 2,604 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Manager Expense $500
  • Other Expense $500
  • Utility Expense $500
  • Trash Expense $600
  • Operating Expense $9,638
  • Gross Income $18,816

Property Details

Home Type

Multi-Family

Year Built

1906

Lot Details

6,752 Sq Ft Lot

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2604
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1906

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2604
  • Stories: 2
  • Laundry: Washer/Dryer - All Units, Laundry Area - In All Units
  • Flooring: Laminate, Carpet - Wall To Wall, Hardwood, Vinyl / Linoleum

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Uncovered Parking, Carport

Utilities

  • Heating System: Wall Furnace, Floor Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12159.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 12159.00
  • Lot Size Area Min Search: 12159.00
  • Maximum Lot Size: 12159.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 78.12

Multi Family

  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expense Management: 500
  • Expenses Other: 500
  • Expenses Total: 9638
  • Expenses Utility: 500
  • Expense Trash: 600
  • Expense Water Sewer: 600
  • Income Annual Gross: 18816.00
  • Income Annual Rental: 19200
  • Income Gross Scheduled: 19200
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Fee - License/Advertising, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 384
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2019
Sold by
Jiang Henry
Bought by
Jiang Henry
Current Estimated Value
$1,164,759

Purchase Details

Closed on
Jan 9, 2019
Sold by
Jiang Henry
Bought by
Jiang Henry

Purchase Details

Listed on
May 8, 2014
Closed on
Jan 26, 2015
Sold by
Chiappari Ernest and Chiapari Roy
Bought by
Jiang Henry
Seller's Agent
Ern Chiappari
Chiappari Real Estate
Buyer's Agent
Frank M.C. Wong
Presidio Realty
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.98%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Chiappari Mary
Bought by
Chiappari Mary

Purchase Details

Closed on
Oct 20, 2006
Sold by
Chiappari Ernest and Nannini Susan Chiappari
Bought by
Chiappari Mary and Chiappari Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.39%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 20, 1998
Sold by
Mary Chiappari
Bought by
Chiappari Mary
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
Jiang Henry -- None Available
Jiang Henry -- None Available
Jiang Henry $1,300,000 Stewart Title Of Ca Inc
Chiappari Mary -- None Available
Chiappari Mary -- Fidelity Natl Title Co Of Ca
Chiappari Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chiappari Mary $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2015 01/29/15 Sold $1,300,000 -13.3% $499 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
05/08/2014 05/08/14 For Sale $1,500,000 -- $576 / Sq Ft
Source: MLSListings

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 $11,022 $802,849 $656,229 $146,620
2023 $11,022 $771,676 $630,748 $140,928
2022 $9,934 $756,546 $618,381 $138,165
2021 $9,814 $741,712 $606,256 $135,456
2020 $8,927 $734,108 $600,040 $134,068
2019 $8,700 $719,715 $588,275 $131,440
2018 $8,288 $705,604 $576,741 $128,863
2017 $8,293 $691,770 $565,433 $126,337
2016 $8,062 $678,207 $554,347 $123,860
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81415888

MLSListings

APN: 006-242-530

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