NOT LISTED FOR SALE

Estimated Value: $681,000 - $812,000

4 Beds
3 Baths
1,602 Sq Ft
$458/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $297,000 $185 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,221/month

20 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Wall Furnace

About This Home

As of March 2014

Triplex features 1 SFR 504 SF 1 bed/1 bath at rear - Duplex has 2 bed/1 bath and 1 bed/1 bath (sec.8). Units are in good condition. Crown molding and newer paint in some. Only 1 bed/1 bath SFR has laundry hookup. Individually metered water, gas and electric and tenant also pays trash.

Last Agent to Sell the Property

Katherine Clark

Pacific Realty Center License #01250755 Listed on: 01/26/2014

Co-Listed By

FELICIA CLARK

FELICIA CLARK, BROKER License #01729610

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,572 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • 1,602 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 40
  • Assessor Parcel Number 5114038006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,400
  • New Taxes Expense $3,750
  • Gross Income $2,536
  • Net Operating Income $2,366

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5114038006
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 185.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 5572.00
  • Lot Size Acres: 0.1280

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Average1 Bed Area: 504
  • Average2 Bed Area: 598
  • Average Studio Area: 500
  • Gross Income: 2536.00
  • Gross Scheduled Income: 2536.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 5572.0000 Square Feet
  • Net Operating Income: 2366.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 170.00
  • Rent Control: Yes
  • Total Actual Rent: 1536.00

Tax Info

  • New Taxes Expense: 3750.00
  • Tax Lot: 40
  • Tax Tract Number: 0000
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2014
Closed on
Feb 25, 2014
Sold by
Chun Young Chon
Bought by
Chun Young Sook
Seller's Agent
Katherine Clark
Pacific Realty Center
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$30,000
Sold Price
$297,000
Premium/Discount to List
$267,000
890%
Current Estimated Value
$733,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,172
Avg. Annual Appreciation
7.96%

Purchase Details

Listed on
Jan 26, 2014
Closed on
Feb 18, 2014
Sold by
Manigat Lapauth and The Lapauth Manigat Revocable
Bought by
Chun Young Sook
Seller's Agent
Katherine Clark
Pacific Realty Center
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$30,000
Sold Price
$297,000
Premium/Discount to List
$267,000
890%

Purchase Details

Closed on
Mar 17, 2005
Sold by
Manigat Lapauth
Bought by
Manigat Lapauth and Lapauth Manigat Revocable Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chun Young Sook -- North American Title
Chun Young Sook $297,000 North American Title
Manigat Lapauth -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $297,000 +890.0% $185 / Sq Ft
02/15/2014 02/15/14 Pending -- -- --
01/26/2014 01/26/14 For Sale $30,000 -- $19 / 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 $4,642 $364,069 $232,908 $131,161
2024 $4,642 $356,932 $228,342 $128,590
2023 $4,557 $349,934 $223,865 $126,069
2022 $4,352 $343,074 $219,476 $123,598
2021 $4,294 $336,348 $215,173 $121,175
2020 $4,333 $332,900 $212,967 $119,933
2019 $4,171 $326,374 $208,792 $117,582
2018 $4,051 $319,976 $204,699 $115,277
2016 $3,862 $307,552 $196,751 $110,801
2015 $3,807 $302,933 $193,796 $109,137
2014 $459 $20,281 $9,588 $10,693
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14017917

California Regional Multiple Listing Service (CRMLS)

APN: 5114-038-006