NOT LISTED FOR SALE

Estimated Value: $799,380 - $1,227,000

6 Beds
6 Baths
3,392 Sq Ft
$292/Sq Ft Est. Value

Sale Details

Date Sold: April 4, 2012

Last sale price $305,000 $90 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $5,731 / mo

49 Days on Market

About This Home

As of April 2012

FOUR UNITS IN ALL: TWO 2 BEDROOMS AND 1 BATHROOM & TWO 1 BEDROOMS AND 1 BATHROOM. FOUR PARKING SPACES IN THE REAR. SELLER DID CONVERT ROOMS TO ROOM AND BOARD ACCOMODATIONS. RENT IS ACTUAL. SELLER IS WILLING TO EVICT TENANTS IF BUYER WISHES. SELLER WILL PREFARE CASH OFFERS.

Last Agent to Sell the Property

Emmanuel Obiora

Citywide Realty License #01238690 Listed on: 11/04/2011

Last Buyer's Agent

Emmanuel Obiora

Citywide Realty License #01238690 Listed on: 11/04/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 5,165

Parking

  • 4 Parking Spaces

Home Design

  • 3,392 Sq Ft Home
  • Contemporary Architecture
  • Pre-Cast Concrete Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 5,165 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Block A
  • Tax Tract Number 5911
  • Assessor Parcel Number 6052008027

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $240
  • Gardener Expense $366
  • Insurance Expense $890
  • Other Expense $220
  • Pest Control $118
  • Supplies Expense $85
  • Trash Expense $950
  • Water Sewer Expense $1,128
  • New Taxes Expense $4,615
  • Gross Income $5,360
  • Net Operating Income $56,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

5,165 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 17.56
  • Supplies Expense: 85.00
  • View: No
  • Water Sewer Expenses: 1128.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 366.00
  • Parcel Number: 6052008027
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 89.92

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 118.00
  • Trash Expense: 950.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5165.00
  • Lot Size Acres: 0.1190

Multi Family

  • Electric Expense: 240.00
  • Gross Income: 5360.00
  • Gross Multiplier: 4.98
  • Gross Scheduled Income: 64320.00
  • Insurance Expense: 890.00
  • Lot Size Area: 5165.0000 Square Feet
  • Net Operating Income: 56200.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8120.00
  • Other Expense: 220.00
  • Other Expense Description: 532

Tax Info

  • New Taxes Expense: 4615.00
  • Tax Area: 7
  • Tax Block: A
  • Tax Lot: 0.
  • Tax Tract Number: 5911

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2011
Closed on
Feb 21, 2012
Sold by
Stephenson Ruddie
Bought by
Alvarez Christian
Seller's Agent
Emmanuel Obiora
Citywide Realty
Buyer's Agent
Emmanuel Obiora
Citywide Realty
List Price
$320,000
Sold Price
$305,000
Premium/Discount to List
-$15,000
-4.69%
Current Estimated Value
$991,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,595
Avg. Annual Appreciation
8.76%

Purchase Details

Closed on
Nov 11, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Stephenson Ruddie

Purchase Details

Closed on
Oct 1, 2009
Sold by
Perez Luis H
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 20, 2007
Sold by
Perez Luis H
Bought by
Perez Luis H and Perez Yaquelin Rosales

Purchase Details

Closed on
Sep 8, 2004
Sold by
Pacheco Juan
Bought by
Perez Luis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2004
Sold by
Deperez Yaquelin Rosales
Bought by
Perez Luis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2001
Sold by
The Mcalister Family Trust
Bought by
Pacheco Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,950
Interest Rate
8.99%

Purchase Details

Closed on
Mar 21, 2000
Sold by
Parks Laura
Bought by
The Mcalister Family Trust

Purchase Details

Closed on
Aug 18, 1997
Sold by
Parks Robert A
Bought by
Parks Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,979
Interest Rate
7.45%

Purchase Details

Closed on
Jul 10, 1997
Sold by
Hud
Bought by
Parks Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,979
Interest Rate
7.45%

Purchase Details

Closed on
Feb 25, 1997
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Nov 16, 1995
Sold by
Larks Ocie B
Bought by
Midfirst Bank State Svgs Bank
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
Alvarez Christian $305,000 Fidelity National Title Co
Stephenson Ruddie $240,000 Lsi Title Company Ca
Federal Home Loan Mortgage Corporation $269,000 Fidelity Natl Title Ins Co
Perez Luis H -- None Available
Perez Luis H $420,000 United Title Company
Perez Luis H -- United Title Company
Pacheco Juan $255,000 First American Title Co
The Mcalister Family Trust -- United Title Company
Parks Laura -- California Counties Title Co
Parks Laura $159,000 California Counties Title Co
Hud -- Benefit Land Title Ins Co
Midfirst Bank State Svgs Bank $154,623 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Luis H $294,000
Previous Owner Pacheco Juan $203,950
Previous Owner Parks Laura $158,979
Closed Pacheco Juan $25,500
Closed Perez Luis H $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2012 04/04/12 Sold $305,000 -4.7% $90 / Sq Ft
12/23/2011 12/23/11 Pending -- -- --
11/04/2011 11/04/11 For Sale $320,000 -- $94 / 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 $5,689 $383,083 $226,084 $156,999
2024 $5,689 $375,572 $221,651 $153,921
2023 $5,583 $368,208 $217,305 $150,903
2022 $5,356 $360,990 $213,045 $147,945
2021 $5,263 $353,913 $208,868 $145,045
2020 $5,295 $350,285 $206,727 $143,558
2019 $5,285 $343,418 $202,674 $140,744
2018 $5,169 $336,685 $198,700 $137,985
2016 $4,917 $323,613 $190,985 $132,628
2015 $4,847 $318,753 $188,117 $130,636
2014 $4,878 $312,511 $184,433 $128,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1106880

California Regional Multiple Listing Service (CRMLS)

APN: 6052-008-027

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