NOT LISTED FOR SALE

Estimated Value: $806,000 - $974,626

8 Beds
3 Baths
1,930 Sq Ft
$445/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $420,000 $218 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,052/month

216 Days on Market

About This Home

As of December 2014

Ideal for developer and/or investor. Huge development potential. Huge lot with large part undeveloped. Well established vicinity with shopping, schools, and major thoroughfares. Suitable for stabling horses and related agricultural purposes.

Last Agent to Sell the Property

Kris Williamson

Phoenix Realty & Properties License #01265126 Listed on: 02/28/2014

Last Buyer's Agent

Bob Geraghty

Phoenix Realty & Properties License #01239822

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,575

Year Built

  • Built in 1947

Lot Details

  • 0.61 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,930 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Parking

  • 10 Parking Spaces
  • Parking Available
  • Unassigned Parking

Location

  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 8031007007

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Electric Expense $4,500
  • Insurance Expense $1,500
  • Professional Management Expense $900
  • Trash Expense $1,560
  • Water Sewer Expense $1,560
  • New Taxes Expense $7,500
  • Gross Income $3,250
  • Net Operating Income $27,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,575

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: No
  • Professional Management Expense: 900.00
  • Property Attached: No
  • Water Sewer Expenses: 1560.00
  • Property Type: Residential Income
  • Parcel Number: 8031007007
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 217.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1560.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 26579.00
  • Lot Size Acres: 0.6100

Multi Family

  • Electric Expense: 4500.00
  • Gross Income: 3250.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 26579.0000 Square Feet
  • Net Operating Income: 27900.00
  • Number Of Units Total: 3
  • Operating Expense: 11100.00
  • Operating Expense Percent: 35.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 00
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2014
Closed on
Oct 30, 2014
Sold by
Negrete Jose
Bought by
Abdelfattah Mazen M
Seller's Agent
Kris Williamson
Phoenix Realty & Properties
Buyer's Agent
Bob Geraghty
Phoenix Realty & Properties
List Price
$725,000
Sold Price
$420,000
Premium/Discount to List
-$305,000
-42.07%
Current Estimated Value
$858,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,657
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Jan 11, 2008
Sold by
Negrete Jose and Negrete Jeanne E
Bought by
Negrete Jose

Purchase Details

Closed on
Dec 9, 2005
Sold by
Negrete Jose and Negrete Jeanne E
Bought by
Negrete Jose
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Abdelfattah Mazen M $420,000 Pacific Coast Title Company
Negrete Jose -- None Available
Negrete Jose -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2014 12/11/14 Sold $420,000 -42.1% $218 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $725,000 -- $376 / 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 $6,575 $504,769 $360,551 $144,218
2024 $6,575 $494,873 $353,482 $141,391
2023 $6,380 $485,170 $346,551 $138,619
2022 $6,424 $475,657 $339,756 $135,901
2021 $6,294 $466,332 $333,095 $133,237
2019 $6,190 $452,502 $323,216 $129,286
2018 $5,723 $443,630 $316,879 $126,751
2016 $5,439 $426,405 $304,575 $121,830
2015 $5,304 $420,000 $300,000 $120,000
2014 $3,134 $227,262 $133,589 $93,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14042212

California Regional Multiple Listing Service (CRMLS)

APN: 8031-007-007