NOT LISTED FOR SALE

Estimated Value: $815,000 - $879,000

4 Beds
2 Baths
1,556 Sq Ft
$548/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $769,000 $494 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,233/month

11 Days on Market

Highlights

  • No HOA
  • Chain Link Fence
  • Back and Front Yard
  • Double Pane Windows
  • Wall Furnace
  • 1-Story Property

About This Home

As of September 2022

Well maintained duplex that is being sold for the first time since 1975. The owner has taken great care of the property, recently painted the outside of the property, upgraded the windows and maintains the roof. Property has long time tenants who will be staying in the property. This is a wonderful opportunity for a first time home buyer to subsidize their mortgage or so a savvy investor.

Last Agent to Sell the Property

Sarah Sees Smith

Seven Gables Real Estate License #02139512 Listed on: 07/28/2022

Seven Gables Real Estate

Co-Listed By

Holly Streem

Coldwell Banker Envision License #00837185

Last Buyer's Agent

Juan Avendano

ReMax College Park Realty License #01281681

ReMax College Park Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,092 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 1,556 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 4
  • Tax Tract Number 14714
  • Assessor Parcel Number 7128019015

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,000
  • Maintenance Expense $700
  • Operating Expense $2,700
  • Gross Income $29,700
  • Net Operating Income $26,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,092 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7128019015
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 494.22
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6092.00
  • Lot Size Acres: 0.1399

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 29700.00
  • Gross Scheduled Income: 29700.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6092.0000 Square Feet
  • Maintenance Expense: 700.00
  • Net Operating Income: 26700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Actual Rent: 29700.00
  • Total Expenses: 2700.00

Tax Info

  • Tax Census Tract: 5706.02
  • Tax Lot: 4
  • Tax Tract Number: 14714

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Aug 12, 2022
Sold by
Muir Living Trust
Bought by
Suy Phalla
Seller's Agent
Sarah Sees Smith
Seven Gables Real Estate
Buyer's Agent
Juan Avendano
ReMax College Park Realty
List Price
$750,000
Sold Price
$769,000
Premium/Discount to List
$19,000
2.53%
Views
5
Current Estimated Value
$851,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,953
Avg. Annual Appreciation
3.01%
Original Mortgage
$369,000
Outstanding Balance
$350,198
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$501,755

Purchase Details

Closed on
Oct 12, 2005
Sold by
Muir Ronald K and Muir Irma
Bought by
Muir Ronald K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Suy Phalla $769,000 Lawyers Title
Muir Ronald K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suy Phalla $369,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2022 09/08/22 Sold $769,000 +2.5% $494 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $750,000 -- $482 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,131 $800,067 $383,907 $416,160
2024 $10,131 $784,380 $376,380 $408,000
2023 $9,960 $769,000 $369,000 $400,000
2022 $1,314 $71,293 $32,361 $38,932
2021 $1,276 $69,896 $31,727 $38,169
2019 $1,259 $67,825 $30,787 $37,038
2018 $1,143 $66,496 $30,184 $36,312
2016 $1,048 $63,915 $29,013 $34,902
2015 $1,014 $62,956 $28,578 $34,378
2014 $1,021 $61,724 $28,019 $33,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22165795

California Regional Multiple Listing Service (CRMLS)

APN: 7128-019-015

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