NOT LISTED FOR SALE

Estimated Value: $705,000 - $994,000

4 Beds
2 Baths
1,611 Sq Ft
$496/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $310,000 $192 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $4,581/month

74 Days on Market

About This Home

As of July 2013

This is a nice duplex in a lot. Property consist of two bedroom, one bath each.
Both units are rented and close to shopping area, schools and public transportation.
Both units were remodeled around two years ago and they look great!

Last Agent to Sell the Property

Cristina Corea

Stonewood Realty Group Inc. License #01871833 Listed on: 07/13/2013

Last Buyer's Agent

Cesar Avila

UNITED BROKERS REALTY License #01771206

UNITED BROKERS REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 5,330 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,611 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 2

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $1,680
  • Water Sewer Expense $1,680
  • New Taxes Expense $4,000
  • Operating Expense $7,960
  • Gross Income $2,400
  • Net Operating Income $25,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1680.00
  • Property Type: Residential Income
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 192.43

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1680.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5330.00
  • Lot Size Acres: 0.1220

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5330.0000 Square Feet
  • Net Operating Income: 25440.00
  • 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: 3360.00
  • Rent Control: Yes
  • Total Expenses: 7960.00

Tax Info

  • New Taxes Expense: 4000.00
  • Taxes Percent: 1.25
  • Tax Lot: 40
  • Tax Tract Number: 2
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2023
Sold by
Lorenzo Francisco Anacleto
Bought by
Pedro Guadalupe F Nicolas
Current Estimated Value
$799,625

Purchase Details

Listed on
Jul 13, 2013
Closed on
Jul 15, 2013
Sold by
Sanchez Manuel
Bought by
Nicolas Francisco Anacleto Lorenzo and Nicolas Pedro Guadalupe F
Seller's Agent
Cristina Corea
Stonewood Realty Group Inc.
Buyer's Agent
Cesar Avila
UNITED BROKERS REALTY
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$304,385
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2011
Sold by
Rni Properties Inc
Bought by
Sanchez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,902
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2010
Sold by
The Bank Of New York Mellon
Bought by
Rni Properties Inc

Purchase Details

Closed on
Aug 12, 2009
Sold by
Espitia Moises and Mera Felipa Leon
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 10, 2005
Sold by
Hill Leo and Hill Vallerie J
Bought by
Espitia Moises and Mera Felipa Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
Hill Leo
Bought by
Hill Leo and Hill Vallerie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1995
Sold by
Hill Valerie
Bought by
Hill Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pedro Guadalupe F Nicolas -- --
Nicolas Francisco Anacleto Lorenzo $310,000 First American Title
Sanchez Manuel -- First American Title
Sanchez Manuel $280,000 Chicago Title Company
Rni Properties Inc $156,000 First American Title Ins Co
The Bank Of New York Mellon $165,750 None Available
Espitia Moises -- Fidelity National Title Co
Hill Leo -- Commonwealth Land Title Co
Hill Leo -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicolas Francisco Anacleto Lorenzo $304,385
Previous Owner Sanchez Manuel $272,902
Previous Owner Espitia Moises $360,000
Previous Owner Hill Leo $176,000
Previous Owner Hill Leo $108,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2013 07/18/13 Sold $310,000 -3.1% $192 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $319,900 -- $199 / 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 $4,798 $380,008 $208,393 $171,615
2024 $4,798 $372,557 $204,307 $168,250
2023 $4,709 $365,252 $200,301 $164,951
2022 $4,496 $358,091 $196,374 $161,717
2021 $4,436 $351,071 $192,524 $158,547
2020 $4,477 $347,472 $190,550 $156,922
2019 $4,307 $340,660 $186,814 $153,846
2018 $4,217 $333,981 $183,151 $150,830
2016 $4,020 $321,014 $176,040 $144,974
2015 $3,963 $316,193 $173,396 $142,797
2014 $3,988 $310,000 $170,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13039800

California Regional Multiple Listing Service (CRMLS)

APN: 5101-015-023