NOT LISTED FOR SALE

Estimated Value: $820,019 - $954,000

4 Beds
2 Baths
1,800 Sq Ft
$485/Sq Ft Est. Value

Last Sold January 09, 2020

Last sale price $515,000 $286 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,219/month

92 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Partially Fenced Property
  • Heating System Uses Natural Gas

About This Home

As of January 2020

Great potential! Privately located duplex, tucked away in Lakeside. Both units are 2 bed /1 bath and have identical floorplans. Washer/dryers and refrigerators belong to tenants. Downstairs tenant has use of backyard and upstairs has access to front and side yard. Close to shopping, public transportation and freeway access. Neighborhoods: Lakeside Other Fees: 0 Unit # for Unit 1: 12845 Unit # for Unit 2: 12847 Number of Furnished Units: 0

Last Agent to Sell the Property

Nicolas Bermudez

MTM Property Management &Real License #01441217 Listed on: 08/27/2019

Last Buyer's Agent

Chris Priola

Redfin Corporation License #01432795

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 9,148

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Community Details

  • 2 Units
  • Net Operating Income $32,024

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 3944903800

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Subdivision Name Other: Lakeside
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 3944903800
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 39225.00
  • Net Operating Income: 32024.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 1
  • Number With Range: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Dec 9, 2019
Sold by
Schultz Joann
Bought by
Nakashima Elissa Marie and Friberg Cody Tyler
Seller's Agent
Nicolas Bermudez
MTM Property Management &Real
Buyer's Agent
Chris Priola
Redfin Corporation
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%
Current Estimated Value
$873,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,505
Avg. Annual Appreciation
9.25%
Original Mortgage
$515,000
Outstanding Balance
$454,047
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$419,458

Purchase Details

Closed on
Jun 12, 2014
Sold by
Schultz Joann and Schultz Jo Ann
Bought by
Schultz Joann

Purchase Details

Closed on
Mar 3, 2010
Sold by
Hartnett Sharon M
Bought by
Schultz Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Interest Rate
5.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Nakashima Elissa Marie $515,000 First American Title Company
Schultz Joann -- None Available
Schultz Jo Ann $214,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakashima Elissa Marie $515,000
Previous Owner Schultz Jo Ann $160,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2020 01/09/20 Sold $515,000 +3.2% $286 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $499,000 -- $277 / 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 $7,702 $563,221 $154,880 $408,341
2024 $7,702 $552,179 $151,844 $400,335
2023 $7,413 $541,353 $148,867 $392,486
2022 $7,260 $530,740 $145,949 $384,791
2021 $7,170 $520,335 $143,088 $377,247
2020 $4,004 $252,575 $69,456 $183,119
2019 $3,931 $247,624 $68,095 $179,529
2018 $3,813 $242,769 $66,760 $176,009
2017 $3,699 $238,009 $65,451 $172,558
2016 $3,565 $233,343 $64,168 $169,175
2015 $3,536 $229,839 $63,205 $166,634
2014 $3,391 $225,337 $61,967 $163,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190048352

California Regional Multiple Listing Service (CRMLS)

APN: 394-490-38