NOT LISTED FOR SALE

Estimated Value: $741,000 - $937,000

2 Beds
2 Baths
1,241 Sq Ft
$684/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $629,900 $508 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,162/month

30 Days on Market

About This Home

As of September 2020

Well maintained duplex with strong rents! The property consists of two 1bed/1bath units, each with in-unit laundry hook-ups and off street parking. The property also features an attached 2-story structure which has potential to be converted into an ADU! Please do not disturb occupants.

Last Agent to Sell the Property

Cody Charnell

Sage Real Estate Group, Inc. License #01950585 Listed on: 07/13/2020

Last Buyer's Agent

Vincent Cook

Kidder Mathews of California, Inc License #02012324

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,512 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Parking Spaces

Home Design

  • 1,241 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 3651
  • Assessor Parcel Number 7260020010

Community Details

Overview

  • 2 Units
  • Circle Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $334
  • Insurance Expense $1,194
  • New Taxes Expense $7,874
  • Gross Income $34,800
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7260020010
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 507.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2512.00
  • Lot Size Acres: 0.0577

Multi Family

  • Electric Expense: 333.58
  • Gross Income: 34800.00
  • Gross Multiplier: 12.80
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 1194.00
  • Lot Size Area: 2512.0000 Square Feet
  • Net Operating Income: 34800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 7874.00
  • Tax Census Tract: 5751.02
  • Tax Lot: 1
  • Tax Tract Number: 3651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Jul 30, 2020
Sold by
Morris Lawrence and Ramelb Morris Robyn
Bought by
Orozco Marc Alexander
Seller's Agent
Cody Charnell
Sage Real Estate Group, Inc.
Buyer's Agent
Vincent Cook
Kidder Mathews of California, Inc
List Price
$629,900
Sold Price
$629,900
Current Estimated Value
$849,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,469
Avg. Annual Appreciation
5.86%
Original Mortgage
$472,425
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2017
Closed on
Jan 3, 2018
Sold by
The Business Llc
Bought by
Morris Lawrence and Ramelb Morris Robyn
Seller's Agent
Lucia Pirozekova-Cruz
Realty ONE Group West
Buyer's Agent
Cody Charnell
Sage Real Estate Group, Inc.
List Price
$499,900
Sold Price
$515,000
Premium/Discount to List
$15,100
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$505,672
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 3, 2014
Closed on
Mar 24, 2014
Sold by
Marquez Sarah M
Bought by
Barahona Rene Edgardo Cruz and Cruz Lucia Pirozekova
Seller's Agent
Patricia Villalvazo
C-21 Classic Estates
Buyer's Agent
Tony Lovejoy
RE/MAX Select One
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%
Original Mortgage
$217,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2004
Sold by
Chaudhri Aslam
Bought by
Marquez Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Paragon Reserve Corp
Bought by
Chaudhri Aslam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Liadis Nick
Bought by
Alvarez Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,847
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2000
Sold by
Hud
Bought by
Liadis Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.06%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 7, 1999
Sold by
North American Mtg Company
Bought by
Hud

Purchase Details

Closed on
Jun 2, 1999
Sold by
Camacho Jessica
Bought by
North American Mtg Company

Purchase Details

Closed on
Apr 6, 1998
Sold by
Salinas Modesto
Bought by
Camacho Jessica and Ruiz Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,350
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 1998
Sold by
Bone Dina
Bought by
Salinas Modesto

Purchase Details

Closed on
Jul 29, 1997
Sold by
Salinas Dina Bone
Bought by
Salinas Modesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,689
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 1997
Sold by
G C P I Inc
Bought by
Salinas Modesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,689
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 1996
Sold by
Hud
Bought by
Parrell Harry and Woody David F

Purchase Details

Closed on
Jul 25, 1995
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jun 6, 1995
Sold by
Pawlicki Aloysius
Bought by
Fleet Mtg Corp
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
Orozco Marc Alexander $630,000 Ticor Title Company Of Ca
Morris Lawrence $515,000 Chicago Title Company
The Business Llc -- Chicago Title Company
Barahona Rene Edgardo Cruz $290,000 Chicago Title Company
Marquez Sarah M $355,000 First American Title Co
Chaudhri Aslam $230,000 First American Title Co Los
Paragon Reserve Corp -- First American Title Co Los
Alvarez Nancy $141,000 Fidelity Title
Liadis Nick $94,000 Stewart Title
Hud -- American Title
North American Mtg Company $147,252 Fidelity National Title Ins
Camacho Jessica $137,000 Benefit Land Title
Salinas Modesto -- --
Salinas Modesto -- California Counties Title Co
Salinas Modesto $93,000 Commonwealth Title Co
G C P I Inc -- Commonwealth Title Co
Parrell Harry $58,000 --
Hud -- --
Fleet Mtg Corp $162,669 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orozco Marc Alexander $472,425
Previous Owner Morris Lawrence $505,672
Previous Owner Barahona Rene Edgardo Cruz $217,500
Previous Owner Marquez Sarah M $319,500
Previous Owner Chaudhri Aslam $218,500
Previous Owner Alvarez Nancy $139,847
Previous Owner Liadis Nick $64,000
Previous Owner Camacho Jessica $135,350
Previous Owner Salinas Modesto $92,689
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2020 09/28/20 Sold $629,900 0.0% $508 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $629,900 +22.3% $508 / Sq Ft
01/04/2018 01/04/18 Sold $515,000 +3.0% $415 / Sq Ft View Prior Sale
11/13/2017 11/13/17 Pending -- -- --
11/04/2017 11/04/17 For Sale $499,900 +72.4% $403 / Sq Ft
04/25/2014 04/25/14 Sold $290,000 -3.3% $234 / Sq Ft View Prior Sale
03/25/2014 03/25/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $299,900 -- $242 / 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 $8,704 $681,930 $487,093 $194,837
2024 $8,704 $668,560 $477,543 $191,017
2023 $8,557 $655,452 $468,180 $187,272
2022 $8,031 $642,600 $459,000 $183,600
2021 $7,873 $630,000 $450,000 $180,000
2020 $6,716 $535,806 $364,140 $171,666
2019 $6,635 $525,300 $357,000 $168,300
2018 $4,077 $312,433 $183,151 $129,282
2016 $3,752 $300,303 $176,040 $124,263
2015 $3,604 $295,793 $173,396 $122,397
2014 $4,878 $403,660 $261,526 $142,134
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20137379

California Regional Multiple Listing Service (CRMLS)

APN: 7260-020-010