NOT LISTED FOR SALE
5 Beds
5 Baths
4,000 Sq Ft
0.5 Acre Lot

Sale Details

Date Sold: April 29, 2016

Last sale price $410,000 $102 Per Sq Ft

70 Days on Market

About This Home

As of April 2016

NOW 85% OF PROPERTY REHABBED. 5 UNITS ON 4 BUILDINGS. ALL OF THE UNITS OCCUPIED WITH LONG TERM TENANTS. ONE UNIT TENANT HAS OCCUPIED THE SAME UNIT FOR ALMOST 40 YEARS. LANDLORD DOES NOT REMEMBER LAST TIME RENT WAS RAISED PLENTY OF ROOM TO RAISE IT. FRONT UNITS HAVE A SMALL GARAGE AND SOME PARKING SPACE BUT BACK UNITS HAVE PLENTY OF PARKING SPACE. 5 SEPARATE GAS & ELECTRICAL METER. TWO SEPARATE WATER METER.

Last Agent to Sell the Property

MARIO BONOLA

MGB Realty License #01236651 Listed on: 12/29/2015

Last Buyer's Agent

MARIO BONOLA

MGB Realty License #01236651 Listed on: 12/29/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 21,697 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 4,000 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 40
  • Tax Tract Number 11
  • Assessor Parcel Number 263170018

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,750
  • Maintenance Expense $300
  • Trash Expense $1,800
  • Water Sewer Expense $2,400
  • New Taxes Expense $6,700
  • Gross Income $3,665
  • Net Operating Income $29,730

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0.5 Acres

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 263170018
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 102.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1800.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 21697.00
  • Price Per Lot Square Foot: 18.90
  • Lot Size Acres: 0.4980

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 800
  • Gross Income: 3665.00
  • Gross Scheduled Income: 43980.00
  • Gross Spendable Income: 43980.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 21697.0000 Square Feet
  • Maintenance Expense: 300.00
  • Net Operating Income: 29730.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 13050.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6700.00
  • Tax Lot: 40
  • Tax Tract Number: 011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2015
Closed on
Mar 23, 2016
Sold by
Bought by
Seller's Agent
MARIO BONOLA
MGB Realty
Buyer's Agent
MARIO BONOLA
MGB Realty
List Price
$429,990
Sold Price
$410,000
Premium/Discount to List
-$19,990
-4.65%

Purchase Details

Closed on
Mar 16, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
0.0629%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,750
Interest Rate
0.0689%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 17, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 Title365
$513,000 Chicago Title
-- --
$161,000 American Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $325,000
Closed $162,000
Closed $120,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $410,000 -4.6% $103 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
12/29/2015 12/29/15 For Sale $429,990 -- $107 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,628 $485,350 $207,162 $278,188
2023 $6,628 $466,505 $199,118 $267,387
2022 $6,141 $457,359 $195,214 $262,145
2021 $6,041 $448,392 $191,387 $257,005
2020 $5,985 $443,795 $189,425 $254,370
2019 $5,900 $435,094 $185,711 $249,383
2018 $5,620 $426,564 $182,070 $244,494
2017 $5,330 $418,200 $178,500 $239,700
2016 $7,327 $592,198 $86,573 $505,625
2015 $7,226 $583,305 $85,274 $498,031
2014 $6,749 $571,880 $83,604 $488,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15267228

California Regional Multiple Listing Service (CRMLS)

APN: 263-170-018

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