NOT LISTED FOR SALE
7 Beds
4 Baths
3,188 Sq Ft
10,232 Sq Ft Lot

Last Sold November 14, 2018

Last sale price $2,075,000 $651 Per Sq Ft

16 Days on Market

About This Home

As of November 2018

*Marketing package and due diligence available upon request* Open House Dates: (1) Thursday September 27th 11:00am - 1:00pm & (2) Thursday October 4th 11:00am - 1:00pm (Refreshments to follow both open houses at sales office)

Last Agent to Sell the Property

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 09/18/2018

Co-Listed By

Fred Rubio

Marcus & Millichap License #01984041

Last Buyer's Agent

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 09/18/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 10,232 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,188 Sq Ft Home
  • Crawl Space

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $72,936

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,440
  • Insurance Expense $1,200
  • Maintenance Expense $2,600
  • Utility Expense $2,237
  • Trash Expense $1,303
  • Operating Expense $36,755
  • Gross Income $70,748

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3188
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 3188

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.2349
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10234.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10234.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 29.14
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1200
  • Expense Landscape: 1440
  • Expense Maintenance: 2600
  • Expenses Total: 36755
  • Expenses Utility: 2237
  • Expense Trash: 1303
  • Income Annual Gross: 70748.00
  • Income Annual Rental: 72936
  • Income Gross Scheduled: 72936
  • Meters: Master Electric, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 3
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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
11/14/2018 11/14/18 Sold $2,075,000 -2.4% $651 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $2,125,000 -- $667 / 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 $30,833 $2,314,698 $1,729,053 $585,645
2024 $30,833 $2,269,312 $1,695,150 $574,162
2023 $30,569 $2,224,816 $1,661,912 $562,904
2022 $30,157 $2,181,193 $1,629,326 $551,867
2021 $29,587 $2,138,426 $1,597,379 $541,047
2020 $28,919 $2,116,500 $1,581,000 $535,500
2019 $27,744 $2,075,000 $1,550,000 $525,000
2018 $3,689 $123,409 $32,262 $91,147
2017 $3,552 $120,990 $31,630 $89,360
2016 $3,295 $118,618 $31,010 $87,608
2015 $3,166 $116,838 $30,545 $86,293
2014 $2,999 $114,550 $29,947 $84,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81724063

MLSListings

APN: 403-36-055