NOT LISTED FOR SALE

13243 Davenport St Edwards, CA 93523

Estimated Value: $183,925 - $268,000

6 Beds
4 Baths
3,279 Sq Ft
$71/Sq Ft Est. Value

Last Sold August 07, 2017

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

Est. 125% increase in value since last sale

Current estimated payment $1,462/month

42 Days on Market

About This Home

As of August 2017

Great opportunity for Investor or first time home buyers. This 4plex consists of 2, 2bed 1ba and 2, 1bed 1ba units. Great 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 Agent to Sell the Property

Jose Orozco

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

Last Buyer's Agent

Lucia Reed

Lucia Reed License #01181954

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1964

Lot Details

  • 10,318 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 3,279 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 188
  • Tax Tract Number 2046
  • Assessor Parcel Number 2301440200

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 $1,675
  • Net Operating Income $16,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,118

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 828.00
  • Property Type: Residential Income
  • Parcel Number: 2301440200
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 31.59

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 10000-19999 Sqft
  • Lot Size Sq Ft: 10318.00
  • Lot Size Acres: 0.2369

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 1675.00
  • Gross Scheduled Income: 20100.00
  • Insurance Expense: 700.00
  • Lot Size Area: 10318.0000 Square Feet
  • Net Operating Income: 16960.00
  • 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: 3140.00
  • Rent Control: No
  • Total Expenses: 3140.00

Tax Info

  • New Taxes Expense: 1612.00
  • Tax Lot: 188
  • 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
Orozco Jose L and Andrews Casper
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%
Current Estimated Value
$232,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,131
Avg. Annual Appreciation
10.09%
Original Mortgage
$77,700
Outstanding Balance
$41,904
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$181,581

Purchase Details

Closed on
Apr 13, 2015
Sold by
Mobley Kacey A
Bought by
Andrews Casper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 10, 2015
Sold by
Zapata Jesse M and Zapata Jesse
Bought by
Orozco Jose L and Andrews Casper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 3, 2003
Sold by
Richardson George E and Richardson Nancy D
Bought by
Zapata Jesse

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
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1994
Sold by
Richardson George E
Bought by
Richardson Mae Ellen and Richardson George E
Source: Public Records

Range of Values:

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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
Ledesma Guillermo O $104,000 Old Republic Title Company
Andrews Casper -- Ticor Title Company
Orozco Jose L -- Ticor Title Company
Orozco Jose L $200,000 Ticor Title Company
Zapata Jesse $90,000 Chicago Title
Richardson Mae Ellen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledesma Guillermo O $77,700
Previous Owner Orozco Jose L $100,000
Previous Owner Zapata Jesse $97,000
Previous Owner Zapata Jesse $102,200
Previous Owner Zapata Jesse $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 -- $39 / 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 $2,118 $118,329 $17,065 $101,264
2024 $2,118 $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 $1,148 $69,380 $15,532 $53,848
2016 $1,069 $68,021 $15,228 $52,793
2015 $1,507 $108,444 $12,044 $96,400
2014 -- $65,000 $15,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17095133

California Regional Multiple Listing Service (CRMLS)

APN: 230-144-02-00-2