NOT LISTED FOR SALE

Estimated Value: $501,000 - $572,000

2 Beds
1 Bath
2,262 Sq Ft
$233/Sq Ft Est. Value

Last Sold April 02, 2015

Last sale price $230,000 $102 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,075/month

116 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Carpet

About This Home

As of April 2015

Great Investment Opportunity. All units have been remodeled on this Tri-plex. There is a detached 3 car garage and laundry room. Each unit is approximately 754 sf. and has 2 bedroom and 1 bath. Unit C has a fireplace and each unit has a covered patio and fenced area. All 3 units have long term tenants.

Last Agent to Sell the Property

Colleen Couse

REALTY ONE GROUP EMPIRE License #01374202 Listed on: 10/09/2014

REALTY ONE GROUP EMPIRE

Last Buyer's Agent

Judy Davis

PACIFICREST REAL ESTATE License #01045102

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,427

Year Built

  • Built in 1980

Lot Details

  • 0.54 Acre Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • Property Attached

Interior Spaces

  • 2,262 Sq Ft Home
  • Living Room with Fireplace
  • Carpet
  • Built-In Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 3477
  • Assessor Parcel Number 3087322090000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $108
  • Insurance Expense $1,200
  • Trash Expense $300
  • Water Sewer Expense $900
  • New Taxes Expense $1,716
  • Gross Income $2,000
  • Net Operating Income $19,668

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,427

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 7609634615
  • Other Phone Number: 7602445464
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 3087322090000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 101.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 23500.00
  • Lot Size Acres: 0.5390

Multi Family

  • Average2 Bed Area: 754
  • Electric Expense: 108.00
  • Gross Income: 2000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 23500.0000 Square Feet
  • Net Operating Income: 19668.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 4333.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1716.00
  • Tax Lot: 9
  • Tax Tract Number: 3477
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2020
Sold by
Edelen Gail Anthony
Bought by
Edelen Gail A and The Gail Anthony Edelen Trust
Current Estimated Value
$528,000

Purchase Details

Listed on
Oct 9, 2014
Closed on
Feb 16, 2015
Sold by
Bank Brian and Bank April
Bought by
Edelen Gail Anthony
Seller's Agent
Colleen Couse
REALTY ONE GROUP EMPIRE
Buyer's Agent
Judy Davis
PACIFICREST REAL ESTATE
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$172,500
Outstanding Balance
$132,358
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$382,975

Purchase Details

Closed on
Dec 14, 2010
Sold by
Union Bank N A
Bought by
Bank Brian and Bank April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2010
Sold by
Boulware Mitchell D and Boulware Teresa
Bought by
Union Bank Na and Union Bank Of California Na

Purchase Details

Closed on
Feb 20, 2003
Sold by
Broadfoot Stan T and Mohrschladt Howarth & Associat
Bought by
Boulware Mitchell D and Boulware Teresa
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
Edelen Gail A -- None Available
Edelen Gail Anthony $230,000 Chicago Title Company
Bank Brian $128,000 Pacific Coast Title
Union Bank Na $120,900 Pacific Coast Title
Boulware Mitchell D $136,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edelen Gail Anthony $172,500
Previous Owner Bank Brian $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2015 04/02/15 Sold $230,000 -4.1% $102 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
10/09/2014 10/09/14 For Sale $239,900 -- $106 / 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 $3,427 $276,426 $30,047 $246,379
2024 $3,427 $271,006 $29,458 $241,548
2023 $3,393 $265,692 $28,880 $236,812
2022 $3,341 $260,483 $28,314 $232,169
2021 $3,265 $255,376 $27,759 $227,617
2020 $3,224 $252,757 $27,474 $225,283
2019 $3,164 $247,801 $26,935 $220,866
2018 $3,088 $242,942 $26,407 $216,535
2017 $3,044 $238,178 $25,889 $212,289
2016 $2,819 $233,507 $25,381 $208,126
2015 $1,741 $136,449 $26,650 $109,799
2014 $1,717 $133,776 $26,128 $107,648
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14223061

California Regional Multiple Listing Service (CRMLS)

APN: 3087-322-09