NOT LISTED FOR SALE

Estimated Value: $595,000 - $722,000

3 Beds
2 Baths
3,360 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $362,000 $108 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,930/month

39 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2018

Great 3 unit property located in a quiet area. Each unit is 3 bedrooms, 2 bathrooms with a 2 car attached garage.

Last Agent to Sell the Property

Steve Loera

FREEDOM REALTY GROUP License #01776262 Listed on: 12/14/2017

Last Buyer's Agent

Tricia Cerda

RE/MAX Empire Properties License #01098061

RE/MAX Empire Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,868

Year Built

  • Built in 1989

Lot Details

  • 0.49 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,360 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 2993
  • Tax Tract Number 3477
  • Assessor Parcel Number 3087311020000

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Trash Expense $70
  • Water Sewer Expense $100
  • New Taxes Expense $2,254
  • Operating Expense $2,040
  • Gross Income $28,800
  • Net Operating Income $27,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,868

Year Built

Built in 1989

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 3087311020000
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 107.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 70.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 21500.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 2400.00
  • Net Operating Income: 27960.00
  • 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: 840.00
  • Rent Control: No
  • Total Actual Rent: 2400.00
  • Total Expenses: 2040.00

Tax Info

  • New Taxes Expense: 2254.00
  • Tax Census Tract: 97.10
  • Tax Lot: 2993
  • Tax Tract Number: 3477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Cerda Luis A
Bought by
Cerda Luis A and The Cerda Family Trust
Current Estimated Value
$651,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$204,271
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$447,556

Purchase Details

Listed on
Dec 14, 2017
Closed on
Dec 22, 2017
Sold by
Maravilla Efrain
Bought by
Cerda Luis A
Seller's Agent
Steve Loera
FREEDOM REALTY GROUP
Buyer's Agent
Tricia Cerda
RE/MAX Empire Properties
List Price
$354,980
Sold Price
$362,000
Premium/Discount to List
$7,020
1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$230,750
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 2015
Sold by
Gutierrez Maria Del Carmen
Bought by
Gutierrez Gerardo

Purchase Details

Closed on
Feb 25, 2015
Sold by
Gutierrez Gerardo
Bought by
Maravilla Efrain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,977
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 2009
Sold by
Fdic
Bought by
Gutierrez Gerardo and Gutierrez Maria Del Carmen C

Purchase Details

Closed on
May 5, 2009
Sold by
Nguyen Tom Duc and Nguyen Nga Thu
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Jul 29, 2008
Sold by
Nguyen Tom Due
Bought by
Marengo Associates

Purchase Details

Closed on
Apr 24, 2008
Sold by
Nguyen Tom Duc and Nguyen Nga Thu
Bought by
Almaden Group

Purchase Details

Closed on
Nov 18, 2005
Sold by
Leeburg Lewis E and Laverne L Leeburg Revocable Tr
Bought by
Nguyen Tom Duc and Nguyen Nga Thu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Interest Rate
3.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 19, 2002
Sold by
Leeburg Laverne L
Bought by
Leeburg Lewis E and Laverne L Leeburg Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.04%
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
Cerda Luis A -- Ticor Ttl Orange Cnty Branch
Cerda Luis A $362,000 Ticor Title Company
Gutierrez Gerardo -- First American
Maravilla Efrain $164,000 First American Title Company
Gutierrez Gerardo $156,000 North American Title Company
Indymac Bank Fsb $165,000 None Available
Marengo Associates -- None Available
Almaden Group -- None Available
Nguyen Tom Duc $465,500 Lawyers Title Company
Leeburg Lewis E -- Lawyers Title Company
Leeburg Lewis E -- Lawyers Title
Leeburg Laverne L -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerda Luis A $228,000
Previous Owner Cerda Luis A $230,750
Previous Owner Maravilla Efrain $201,500
Previous Owner Nomwaket Business Center Llc $1,530,000
Previous Owner Maravilla Efrain $157,977
Previous Owner Nguyen Tom Duc $418,500
Previous Owner Leeburg Laverne L $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2018 02/15/18 Sold $362,000 +2.0% $108 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
12/14/2017 12/14/17 For Sale $354,980 -- $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 $4,868 $411,894 $22,756 $389,138
2024 $4,868 $403,818 $22,310 $381,508
2023 $4,822 $395,900 $21,873 $374,027
2022 $4,749 $388,137 $21,444 $366,693
2021 $4,641 $380,527 $21,024 $359,503
2020 $4,583 $376,625 $20,808 $355,817
2019 $4,499 $369,240 $20,400 $348,840
2018 $2,287 $170,626 $20,808 $149,818
2017 $2,254 $167,280 $20,400 $146,880
2016 $2,042 $164,000 $20,000 $144,000
2015 -- $167,548 $16,110 $151,438
2014 -- $164,266 $15,794 $148,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17274938

California Regional Multiple Listing Service (CRMLS)

APN: 3087-311-02