NOT LISTED FOR SALE

Estimated Value: $644,000 - $822,742

6 Beds
2 Baths
1,984 Sq Ft
$356/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $660,000 $333 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,667/month

19 Days on Market

About This Home

As of August 2018

What a GREAT OPPORTUNITY for a smart buyer. Both 3 bedroom , 1 bath units have been remodeled , updated, are separately metered (except water) and are VACANT! Great opportunity for an owner occupier, live in one unit and rent out the other. Let your tenant pay your mortgage! Current market rate rents for a 3 bedroom in this area averages $2,775. But wait theres more! Extra large lot, may possibly be subdivided with a variance to current zoning, so opportunity awaits,( check with the city), or plant a home orchard, vegetable garden or let your imagination run wild. Dont miss this opportunity! Large unattached two car garage or workshop. Positive cash flow if both units rented. See attached proforma.

Last Agent to Sell the Property

John Morra

CENTURY 21 Masters License #01884598 Listed on: 06/06/2018

CENTURY 21 Masters

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1924

Lot Details

  • 9,187 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property

Utilities

  • Separate Meters
  • Individual Gas Meter

Community Details

Property Details

Home Type

Multi-Family

Year Built

1924

Lot Details

0

Parking

2

Listing Details

  • Zoning: RD-1
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Living Sq Ft: 1984
  • Stories: 1

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2109
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9185.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9185.00

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 23, 2018
Sold by
Tran Kim Tuyen T
Bought by
Cordova Julio C
Seller's Agent
John Morra
CENTURY 21 Masters
Buyer's Agent
RECIP
Out of Area Office
List Price
$649,888
Sold Price
$660,000
Premium/Discount to List
$10,112
1.56%
Current Estimated Value
$706,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,186
Avg. Annual Appreciation
0.92%
Original Mortgage
$495,000
Outstanding Balance
$429,887
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$276,299

Purchase Details

Closed on
Mar 14, 2018
Sold by
Chung Wilson Kay Yew and Cheung Alice Chin
Bought by
Tran Kim Tuyen T

Purchase Details

Closed on
Aug 15, 2017
Sold by
Tran Kim Tuyen T
Bought by
Chung Wilson Kay Yew and Cheung Alice Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2013
Sold by
Tran Linh Da Thi
Bought by
Tran Kim Tuyen T

Purchase Details

Closed on
Oct 25, 2011
Sold by
Kwong David
Bought by
Tran Linh Da Thi

Purchase Details

Closed on
Apr 6, 2011
Sold by
U S Bank National Associatino
Bought by
Kwong David

Purchase Details

Closed on
Dec 1, 2009
Sold by
Almazan Isabel
Bought by
Us Bank National Association

Purchase Details

Closed on
May 23, 2005
Sold by
Pullen Rosetta C and Rosetta C Pullen Living Trust
Bought by
Almazan Maria Isabekl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 4, 2004
Sold by
Pullen Rawlin and Pullen Rosetta C
Bought by
Pullen Rawlin and Pullen Rosetta C
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
Cordova Julio C $660,000 North American Title Company
Tran Kim Tuyen T $400,000 Chicago Title Company
Chung Wilson Kay Yew $400,000 Chicago Title Company
Tran Kim Tuyen T -- None Available
Tran Linh Da Thi $113,000 Chicago Title Company
Kwong David $111,500 Lsi Title Company Ca
Us Bank National Association $551,136 Accommodation
Almazan Maria Isabekl $560,000 Commonwealth Land Title Co
Pullen Rawlin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordova Julio C $495,000
Previous Owner Chung Wilson Kay Yew $280,000
Previous Owner Almazan Maria Isabekl $448,000
Closed Almazan Maria Isabekl $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2018 08/20/18 Sold $660,000 +1.6% $333 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $649,888 -- $328 / Sq Ft
Source: MLSListings

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 $12,128 $736,230 $220,869 $515,361
2024 $12,128 $721,795 $216,538 $505,257
2023 $12,196 $707,644 $212,293 $495,351
2022 $11,691 $693,771 $208,131 $485,640
2021 $11,138 $680,168 $204,050 $476,118
2020 $11,013 $673,200 $201,960 $471,240
2019 $10,572 $660,000 $198,000 $462,000
2018 $6,878 $400,000 $120,000 $280,000
2017 $4,877 $258,887 $77,666 $181,221
2016 $4,664 $253,811 $76,143 $177,668
2015 $4,633 $250,000 $75,000 $175,000
2014 $2,797 $115,782 $34,734 $81,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81708905

MLSListings

APN: 044-4952-020-00