NOT LISTED FOR SALE
7 Beds
-- Bath
2,734 Sq Ft
6,970 Sq Ft Lot Lot

Sale Details

Date Sold: December 20, 2013

Last sale price $650,000 $238 Per Sq Ft

10 Days on Market

About This Home

As of December 2013

Great opportunity to purchase this four-plex- this is a reg. sale. $400 HOA. Security in neighborhood. Rent control. Rent increases in process. Tenants are month to month. Unit exterior repainted, double pane windows and upgrades in the units (Pergo and more). It will go fast at this price! Educare and neighborhood renovations are being planned in neighborhood.

Last Agent to Sell the Property

Rich Kwok

RE/MAX By The Bay License #01352601 Listed on: 11/15/2013

RE/MAX By The Bay

Last Buyer's Agent

Rich Kwok

RE/MAX By The Bay License #01352601 Listed on: 11/15/2013

RE/MAX By The Bay

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,970

Parking

  • Carport

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,734 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $48,000
  • The owner pays for electric, garbage, gas, water

Community Details

Overview

  • 2,734 Sq Ft Building

Building Details

  • Insurance Expense $850
  • Maintenance Expense $1,400
  • Other Expense $4,800
  • Utility Expense $980
  • Trash Expense $1,265
  • Operating Expense $16,854
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 237.75
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2734
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 2734
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Tile, Laminate, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Carport

Utilities

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

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7049.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7049.00
  • Lot Size Area Min Search: 7049.00
  • Maximum Lot Size: 7049.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.48

Multi Family

  • Expense Insurance: 850
  • Expense Maintenance: 1400
  • Expenses Other: 4800
  • Expenses Total: 16854
  • Expenses Utility: 980
  • Expense Trash: 1265
  • Expense Water Sewer: 1320
  • Income Annual Gross: 48000.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 48000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Electric, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Gas, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Fee - Association, Miscellaneous/Other
  • Owner Pays: Electric, Garbage, Gas, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $650,000 +8.5% $238 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $599,000 -- $219 / Sq Ft
Source: MLSListings

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 $12,090 $796,797 $465,821 $330,976
2024 $12,090 $781,175 $456,688 $324,487
2023 $11,899 $765,859 $447,734 $318,125
2022 $11,668 $750,843 $438,955 $311,888
2021 $11,609 $736,122 $430,349 $305,773
2020 $11,353 $728,575 $425,937 $302,638
2019 $10,921 $714,290 $417,586 $296,704
2018 $10,921 $700,286 $409,399 $290,887
2017 $10,781 $686,556 $401,372 $285,184
2016 $10,241 $673,095 $393,502 $279,593
2015 $10,005 $662,986 $387,592 $275,394
2014 $9,724 $650,000 $380,000 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81341033

MLSListings

APN: 477-32-169

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