NOT LISTED FOR SALE

Estimated Value: $612,502 - $773,000

2 Beds
2 Baths
1,342 Sq Ft
$522/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $385,000 $287 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,335/month

328 Days on Market

About This Home

As of December 2015

Corner location close to freeway and Hospital. Each unit has one car detached garage. Live in one and rent out the other.

Last Agent to Sell the Property

Meena Gujral

Achievers Realty License #00950378 Listed on: 11/24/2014

Last Buyer's Agent

Liz Santos

Bay Area Properties License #01226369

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Lot Details

  • 2,483

Parking

  • Private Parking

Home Design

  • Duplex

Interior Spaces

  • 1,342 Sq Ft Home
  • Tile Flooring

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $1,795
  • The owner pays for services - gardener/landscaping
  • Month-to-Month Lease Term

Community Details

Overview

  • 2 Units
  • 1,342 Sq Ft Building

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $5,158
  • Gross Income $1,795

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Zoning: r3
  • Subclass: Duplex
  • Inspections Reports: Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1342
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Living Sq Ft: 1342
  • Laundry: Community Facility
  • Flooring: Carpet - Area, Tile

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2500.00
  • Lot Size Area Min Search: 2500.00
  • Maximum Lot Size: 2500.00

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 239.55

Multi Family

  • Expenses Total: 5158
  • Income Annual Gross: 1795.00
  • Income Annual Rental: 1795
  • Income Gross Scheduled: 1795
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Miscellaneous/Other
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2014
Closed on
Jan 4, 2016
Sold by
Hu Junhai and Wu Quentin
Bought by
Magallon Flavio
Seller's Agent
Meena Gujral
Achievers Realty
Buyer's Agent
Liz Santos
Bay Area Properties
List Price
$430,000
Sold Price
$385,000
Premium/Discount to List
-$45,000
-10.47%
Current Estimated Value
$700,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,376
Avg. Annual Appreciation
6.16%
Original Mortgage
$308,000
Outstanding Balance
$244,638
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$455,738

Purchase Details

Listed on
Nov 24, 2014
Closed on
Dec 31, 2015
Sold by
Erazo Carolina C and Magallon Flavio
Bought by
Magallon Flavio
Seller's Agent
Meena Gujral
Achievers Realty
Buyer's Agent
Liz Santos
Bay Area Properties
List Price
$430,000
Sold Price
$385,000
Premium/Discount to List
-$45,000
-10.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Outstanding Balance
$244,638
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$455,738

Purchase Details

Closed on
Jan 21, 2003
Sold by
Hu Junhai and Wu Quentin
Bought by
Hu Junhai and Wu Quentin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.97%

Purchase Details

Closed on
Jan 10, 2002
Sold by
Gu Mu Yi
Bought by
Hu Junhai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.01%

Purchase Details

Closed on
Jan 7, 2002
Sold by
Ng Linda C
Bought by
Hu Junhai and Wu Quentin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.01%

Purchase Details

Closed on
Dec 17, 1998
Sold by
Lawrence Bruce T and Lawrence Mary
Bought by
Ng Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.82%
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
Magallon Flavio $385,000 Old Republic Title Company
Magallon Flavio -- Old Republic Title Company
Hu Junhai -- Alliance Title Company
Hu Junhai -- New Century Title Company
Hu Junhai $255,000 New Century Title Company
Ng Linda C $114,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magallon Flavio $308,000
Previous Owner Hu Junhai $203,000
Previous Owner Hu Junhai $200,000
Previous Owner Ng Linda C $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2015 12/30/15 Sold $385,000 -10.5% $287 / Sq Ft
10/18/2015 10/18/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $430,000 -- $320 / Sq Ft
Source: MLSListings

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 $7,986 $455,751 $136,725 $319,026
2024 $7,986 $446,814 $134,044 $312,770
2023 $8,297 $438,056 $131,417 $306,639
2022 $7,981 $429,467 $128,840 $300,627
2021 $7,509 $421,047 $126,314 $294,733
2020 $7,425 $416,731 $125,019 $291,712
2019 $7,068 $408,561 $122,568 $285,993
2018 $6,923 $400,553 $120,166 $280,387
2017 $6,626 $392,700 $117,810 $274,890
2016 $5,481 $318,211 $95,463 $222,748
2015 $5,449 $313,432 $94,029 $219,403
2014 $5,158 $280,000 $84,000 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81441069

MLSListings

APN: 022-0386-019-00