NOT LISTED FOR SALE

13043 Davenport St Edwards, CA 93523

Estimated Value: $181,843 - $267,000

6 Beds
4 Baths
3,252 Sq Ft
$70/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $103,600 $32 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,446/month

42 Days on Market

About This Home

As of August 2017

Great opportunity for Investor or first time home buyers. This is a 4plex that consists of 2 ,2bed 1ba and 2, 1bed 1 ba units. Good size units. Rents are low with upside potential. Up and coming area. Can purchase as a package deal. A total of four 4plexes (16units) for 330k. Please do not disturb tenants. Drive by only. All offers are subject to inspection.

Last Listed By

Jose Orozco

OR WEST REAL ESTATE Brokerage Phone: 424-227-0607 License #01253326 Listed on: 05/02/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 1964

Lot Details

  • 9,620 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 3,252 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 201
  • Tax Tract Number 2046
  • Assessor Parcel Number 2301530900

Community Details

Overview

  • 4 Units
  • Mountainous Community

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Water Sewer Expense $828
  • New Taxes Expense $1,612
  • Operating Expense $3,140
  • Gross Income $1,465
  • Net Operating Income $9,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,055

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 828.00
  • Property Type: Residential Income
  • Parcel Number: 2301530900
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 31.86

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9620.00
  • Lot Size Acres: 0.2208

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 1465.00
  • Gross Scheduled Income: 14490.00
  • Insurance Expense: 700.00
  • Lot Size Area: 9620.0000 Square Feet
  • Net Operating Income: 9990.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 3090.00
  • Rent Control: No
  • Total Expenses: 3140.00

Tax Info

  • New Taxes Expense: 1612.00
  • Tax Lot: 201
  • Tax Tract Number: 2046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
Jul 12, 2017
Sold by
Andrews Casper and Orozco Jose L
Bought by
Ledesma Guillermo O
Seller's Agent
Jose Orozco
OR WEST REAL ESTATE
Buyer's Agent
Lucia Reed
Lucia Reed
List Price
$129,000
Sold Price
$103,600
Premium/Discount to List
-$25,400
-19.69%
Total Days on Market
42
Current Estimated Value
$227,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,111
Avg. Annual Appreciation
10.61%
Original Mortgage
$77,700
Outstanding Balance
$42,769
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$184,942

Purchase Details

Closed on
Nov 12, 2014
Sold by
Gladden Dane and Gladden Mindy
Bought by
Andrews Casper and Orozco Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2014
Sold by
Orozco Sandra
Bought by
Orozco Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2012
Sold by
Rabinowitz Gladden Dane Robert and Rabinowitz Gladden Mindy Suzanne
Bought by
Rabinowitz Gladden Dane Robert and Rabinowitz Gladden Mindy Suzanne

Purchase Details

Closed on
Nov 8, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gladden Dane and Gladden Mindy

Purchase Details

Closed on
Jun 14, 2011
Sold by
Gmac Mortgage Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 23, 2011
Sold by
Garcia Jose B and Garcia Lucy Ann
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Apr 27, 2007
Sold by
Mendez Alfonso C and Mendez Ana B
Bought by
Garcia Jose B and Garcia Lucy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2007
Sold by
Mendez Alfonzo C and Mendez Ana B
Bought by
Mendez Alfonso C and Mendez Ana B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2003
Sold by
Mendez Alfonso C and Mendez Ana B
Bought by
Mendez Alfonso C and Mendez Ana B

Purchase Details

Closed on
Feb 14, 2003
Sold by
Couch Hershel L and Couch Janette R
Bought by
Mendez Alfonso C and Mendez Ana B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.73%

Range of Values:

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Average Value
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List Price
Sold Price
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Similar Home in Edwards, CA

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
Ledesma Guillermo O $104,000 Old Republic Title Company
Andrews Casper $65,000 First American Title Company
Gladden Dane -- First American Title Company
Orozco Jose L -- First American Title Company
Andrews Casper -- First American Title Company
Rabinowitz Gladden Dane Robert -- None Available
Gladden Dane $33,500 Ticor Title
Federal Home Loan Mortgage Corp -- Accommodation
Gmac Mortgage Llc $31,150 None Available
Garcia Jose B $170,000 Chicago Title
Mendez Alfonso C -- Financial Title Company
Mendez Alfonzo C -- Financial Title Company
Mendez Alfonso C -- --
Mendez Alfonso C $90,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledesma Guillermo O $77,700
Previous Owner Andrews Casper $45,500
Previous Owner Garcia Jose B $127,500
Previous Owner Mendez Alfonzo C $162,400
Previous Owner Mendez Alfonso C $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2017 08/07/17 Sold $103,600 -19.7% $32 / Sq Ft
05/02/2017 05/02/17 For Sale $129,000 -- $40 / 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
2024 $2,055 $116,010 $16,731 $99,279
2023 $2,055 $113,736 $16,403 $97,333
2022 $1,951 $111,507 $16,082 $95,425
2021 $1,694 $109,321 $15,767 $93,554
2020 $1,575 $108,201 $15,606 $92,595
2019 $1,555 $108,201 $15,606 $92,595
2018 $1,532 $104,000 $15,000 $89,000
2017 $1,123 $67,309 $15,532 $51,777
2016 $1,047 $65,990 $15,228 $50,762
2015 $705 $34,487 $15,676 $18,811
2014 $697 $33,812 $15,369 $18,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17095119

California Regional Multiple Listing Service (CRMLS)

APN: 230-153-09-00-9