NOT LISTED FOR SALE
7 Beds
4 Baths
2,734 Sq Ft
7,235 Sq Ft Lot

Sale Details

Date Sold: July 2, 2019

Last sale price $1,225,000 $448 Per Sq Ft

11 Days on Market

About This Home

As of July 2019

Great Investment Opportunity and best deal in the area! This two-story fourplex offers three 2br/1ba units and one 1br/1ba unit. All units are tenant occupied - please do not disturb tenants. Property has an HOA at $300/month. This property is exempt from City Injunction requiring property to be professionally managed; so you can manage this one yourself.

Last Agent to Sell the Property

Chaya Shahar

Referral Realty Enterprises License #01507718 Listed on: 05/23/2019

Last Buyer's Agent

Alan Huynh

Coldwell Banker Realty License #01334577

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,235 Sq Ft Lot

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,734 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Electric Oven

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $81,540

Community Details

Building Details

  • 4 Leased Units
  • Gardener Expense $720
  • Insurance Expense $958
  • Maintenance Expense $4,000
  • Manager Expense $4,200
  • Other Expense $1,000
  • Utility Expense $3,400
  • Trash Expense $2,340
  • Operating Expense $31,618
  • Gross Income $81,540

Additional Features

  • Property has a Home Owners Association
  • Security Guard

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

7,235 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2734
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Exhaust Fan, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2734
  • Stories: 2
  • Security: Security Guard

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Foam
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Exist: Yes

Lot Info

  • Lot Acres: 0.1661
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7236.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7236.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 14.72
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 958
  • Expense Landscape: 720
  • Expense Maintenance: 4000
  • Expense Management: 4200
  • Expenses Other: 1000
  • Expenses Total: 31618
  • Expenses Utility: 3400
  • Expense Trash: 2340
  • Income Annual Gross: 81540.00
  • Income Annual Rental: 81540
  • Income Gross Scheduled: 81540
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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
May 23, 2019
Closed on
Jun 20, 2019
Sold by
Bought by
Seller's Agent
Chaya Shahar
Referral Realty Enterprises
Buyer's Agent
Alan Huynh
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,225,000
Premium/Discount to List
$25,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Outstanding Balance
$790,671
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2017
Closed on
Jun 12, 2017
Sold by
Bought by
Seller's Agent
Chaya Shahar
Referral Realty Enterprises
Buyer's Agent
Chaya Shahar
Referral Realty Enterprises
List Price
$975,000
Sold Price
$1,002,000
Premium/Discount to List
$27,000
2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$751,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 7, 2010
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
$315,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2010
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
$315,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2005
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
$400,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 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
$397,500
Interest Rate
7.08%

Purchase Details

Closed on
Dec 20, 2001
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
$375,200
Interest Rate
6.51%

Purchase Details

Closed on
Oct 9, 2001
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
$402,000
Interest Rate
6.87%

Purchase Details

Closed on
Mar 23, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Santee, CA

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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
$1,225,000 Old Republic Title Company
$1,002,000 First American Title Company
$420,000 Lawyers Title Company
$382,000 Servicelink
-- None Available
$635,000 Stewart Title Of California
$530,000 Financial Title Agency Inc
$536,000 Alliance Title Company
-- Alliance Title Company
$536,000 Alliance Title Company
$687,000 Santa Clara Land Title Co
$852,000 Santa Clara Land Title Compa
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
Open $918,750
Previous Owner $751,500
Previous Owner $751,500
Previous Owner $300,000
Previous Owner $315,000
Previous Owner $25,000
Previous Owner $25,000
Previous Owner $50,000
Previous Owner $400,000
Previous Owner $397,000
Previous Owner $397,500
Previous Owner $375,200
Previous Owner $402,000
Previous Owner $202,000
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 Prior Sale
07/02/2019 07/02/19 Sold $1,225,000 +2.1% $448 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $1,200,000 +19.8% $439 / Sq Ft
06/26/2017 06/26/17 Sold $1,002,000 +2.8% $366 / Sq Ft View Prior Sale
05/27/2017 05/27/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $975,000 -- $357 / Sq Ft
Source: MLSListings

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
2026 $19,356 $1,366,506 $1,059,740 $306,766
2025 $18,839 $1,339,712 $1,038,961 $300,751
2024 $18,839 $1,313,444 $1,018,590 $294,854
2023 $18,611 $1,287,691 $998,618 $289,073
2022 $18,222 $1,262,443 $979,038 $283,405
2021 $18,211 $1,237,691 $959,842 $277,849
2020 $17,832 $1,225,000 $950,000 $275,000
2019 $15,116 $1,042,480 $686,664 $355,816
2018 $15,134 $1,022,040 $673,200 $348,840
2017 $7,837 $463,637 $242,857 $220,780
2016 $7,470 $454,547 $238,096 $216,451
2015 $7,553 $447,720 $234,520 $213,200
2014 $7,014 $438,951 $229,927 $209,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81753346

MLSListings

APN: 477-32-161

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