NOT LISTED FOR SALE

Estimated Value: $883,000 - $1,061,000

8 Beds
4 Baths
2,300 Sq Ft
$413/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $575,000 $250 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,875/month

1 Day on Market

Highlights

  • Newly Remodeled
  • Laundry Room
  • Landscaped

About This Home

As of July 2017

Very desirable, income producing duplex. This duplex consists of two 4-Bedroom / 2-Bathroom units. Each unit includes dual pane vinyl windows, granite counter tops, wood cabinets throughout, tile flooring in kitchens and baths. No rent control. Great investment opportunity.

Last Agent to Sell the Property

Andy Zuppardo

Crystal View Realty License #01927358 Listed on: 07/12/2017

Last Buyer's Agent

Douglas Olsen

Olsen Realty License #01928821

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,328

Year Built

  • Built in 2009 | Newly Remodeled

Lot Details

  • 5,200 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • 2,300 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Assessor Parcel Number 6053014045

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $34,670
  • Net Operating Income $34,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,328

Year Built

Built in 2009 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: LARD2
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6053014045
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 250.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5200.00

Multi Family

  • Gross Income: 34670.00
  • Gross Scheduled Income: 49536.00
  • Net Operating Income: 34670.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 13380.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2397.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jul 12, 2017
Sold by
Cyprus Kip C
Bought by
Park Che H and Woo Myung H
Seller's Agent
Andy Zuppardo
Crystal View Realty
Buyer's Agent
Douglas Olsen
Olsen Realty
List Price
$590,000
Sold Price
$575,000
Premium/Discount to List
-$15,000
-2.54%
Current Estimated Value
$950,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,917
Avg. Annual Appreciation
6.03%
Original Mortgage
$430,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2008
Sold by
Seacliff Properties Inc
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,305,500
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 26, 2007
Sold by
The Estate Of Wilda B Mitchell
Bought by
Seacliff Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Park Che H $575,000 Lawyers Title
Cyprus Kip C -- None Available
Seacliff Properties Inc $240,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Che H $408,000
Closed Park Che H $430,000
Previous Owner Cyprus Kip C $89,233
Previous Owner Cyprus Kip C $315,875
Previous Owner Cyprus Kip C $44,633
Previous Owner Cyprus Kip C $1,305,500
Previous Owner Seacliff Properties Inc $441,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $575,000 -2.5% $250 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $590,000 -- $257 / 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 $8,328 $654,246 $267,387 $386,859
2024 $8,328 $641,419 $262,145 $379,274
2023 $8,171 $628,843 $257,005 $371,838
2022 $7,804 $616,514 $251,966 $364,548
2021 $7,699 $604,426 $247,026 $357,400
2019 $7,473 $586,500 $239,700 $346,800
2018 $7,373 $575,000 $235,000 $340,000
2016 $5,885 $460,000 $215,000 $245,000
2015 $5,521 $430,000 $200,000 $230,000
2014 $4,525 $338,000 $336,400 $1,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17160399

California Regional Multiple Listing Service (CRMLS)

APN: 6053-014-045