NOT LISTED FOR SALE

Estimated Value: $741,000 - $826,211

8 Beds
8 Baths
3,808 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $404,000 $106 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,461/month

127 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • 2 Car Direct Access Garage
  • 0.41 Acre Lot
  • No HOA
  • Laundry Room

About This Home

As of September 2016

Great Rental Investment. 4 Units each separately metered, kitchen and a living room,2 masters small patio out back, 2 car garage with washer/dryer hook-ups. Central heating and air. Centrally located to the shops, freeways, restaurants. You could live in one or keep them rented.

Last Agent to Sell the Property

Teresa Rineer

Real Broker License #01264610 Listed on: 03/02/2016

Real Broker

Last Buyer's Agent

Jason Lamoreaux

COLDWELL BANKER COMMERCIAL RE License #01461062

COLDWELL BANKER COMMERCIAL RE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.41 Acre Lot
  • No Common Walls
  • Rural Setting
  • Paved or Partially Paved Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 3,808 Sq Ft Home
  • Carpet

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 38
  • Tax Tract Number 5375
  • Assessor Parcel Number 0405193280000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $116
  • Water Sewer Expense $115
  • New Taxes Expense $1,191
  • Gross Income $3,050
  • Net Operating Income $2,917

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0.41 Acres

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 115.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0405193280000
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Price Per Square Foot: 106.09
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 116.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 6500-9999, Paved
  • Lot Size Sq Ft: 17854.00
  • Price Per Lot Square Foot: 22.85
  • Lot Size Acres: 0.4100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 800
  • Gross Income: 3050.00
  • Gross Scheduled Income: 36600.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 17854.0000 Square Feet
  • Net Operating Income: 2917.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 2772.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1191.00
  • Tax Lot: 38
  • Tax Tract Number: 5375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Thomas Ashley and Archuleta Ashley
Bought by
Thomas Ashley and Thomas Shawn
Current Estimated Value
$773,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,600
Outstanding Balance
$328,475
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$445,078

Purchase Details

Closed on
Jul 22, 2016
Sold by
Grineer Craig
Bought by
Archuleta Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,682
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2014
Sold by
Rineer Craig
Bought by
Craig & Teresa Rineer Living Trust

Purchase Details

Closed on
Feb 16, 2001
Sold by
Kern Rex W
Bought by
Rineer Craig and Rineer Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thomas Ashley -- Stewart Title Of Ca Inc
Archuleta Ashley $404,000 First American Title Company
Craig & Teresa Rineer Living Trust -- None Available
Rineer Craig $162,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Ashley $364,600
Previous Owner Archuleta Ashley $396,682
Previous Owner Rineer Craig $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $404,000 -1.0% $106 / Sq Ft
09/15/2016 09/15/16 For Sale $408,000 0.0% $107 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $408,000 -- $107 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,235 $468,878 $29,015 $439,863
2024 $5,118 $459,684 $28,446 $431,238
2023 $5,063 $450,670 $27,888 $422,782
2022 $4,947 $441,833 $27,341 $414,492
2021 $4,859 $433,170 $26,805 $406,365
2020 $4,802 $428,728 $26,530 $402,198
2019 $4,704 $420,322 $26,010 $394,312
2018 $4,615 $412,080 $25,500 $386,580
2017 $4,535 $404,000 $25,000 $379,000
2016 $2,412 $206,211 $31,824 $174,387
2015 $2,382 $203,114 $31,346 $171,768
2014 $2,352 $199,135 $30,732 $168,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16043551

California Regional Multiple Listing Service (CRMLS)

APN: 0405-193-28

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