NOT LISTED FOR SALE

Estimated Value: $656,000 - $852,000

8 Beds
4 Baths
3,263 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 21, 2015

Last sale price $350,000 $107 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,457/month

27 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • Family Room
  • Private Yard
  • Ceiling Fan
  • Paved or Partially Paved Lot

About This Home

As of January 2015

Great opportunity to own this investment property. Each unit has 2 Bedrooms and 1 Bathroom. Make Offers Subject To Interior Inspection. Units have been recently remodeled. ALL UNITS HAVE BEEN RENOVATED: FEATURES NEW INTERIOR AND EXTERIOR PAINT, NEW FLOORING, NEW DOORS, NEW PLUMBING AND REMODELED KITCHENS AND BATHROOMS/ MUST SEE - Don't miss this one !! DO NOT DISTURB TENANT,DRIVE BY ONLY!!! DO NOT WALK ON THE PROPERTY.



*SELLER MAKES NO REPRESENTATIONS OR WARRANTIES, EXPRESSED OR IMPLIED. BUYER TO DO THEIR OWN
DUE DILIGENCE. PROPERTY IS SOLD IN AS IS CONDITION*

Last Agent to Sell the Property

JESSIE MORFIN

EXP REALTY OF CALIFORNIA INC License #01370555 Listed on: 11/18/2014

EXP REALTY OF CALIFORNIA INC

Co-Listed By

Juan Aguirre

Realty Masters & Associates License #01886773

Last Buyer's Agent

AARON CUEVAS

CIRCA PROPERTIES, INC License #01954202

CIRCA PROPERTIES, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,153

Year Built

  • Built in 1930

Lot Details

  • 6,750 Sq Ft Lot
  • Two or More Common Walls
  • Fence is in average condition
  • Paved or Partially Paved Lot
  • Private Yard
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,263 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Carpet
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • 220 Volts
  • Water Heater

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3
  • Tax Tract Number 55
  • Assessor Parcel Number 0145164190000

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,795
  • Trash Expense $224
  • New Taxes Expense $4,312
  • Operating Expense $6,331
  • Net Operating Income $27,028

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,153

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Property Type: Residential Income
  • Parcel Number: 0145164190000
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Entry Location: Ground Level With Steps
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 107.26
  • Room Type: Family Room

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Electric: 220 Volts
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Trash Expense: 224.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 6500-9999, Paved, Park Nearby, Yard
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 33360.00
  • Insurance Expense: 1795.00
  • Lot Size Area: 6750.0000 Square Feet
  • Net Operating Income: 27028.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 6331.00
  • Rent Control: No
  • Total Actual Rent: 2780.00
  • Total Expenses: 6331.00
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 4312.00
  • Tax Lot: 3
  • Tax Tract Number: 55
  • Tax Annual Amount: 3153.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Dec 16, 2014
Sold by
Cordova Irma and Alvarado Ines
Bought by
Cordova Senen M and Ortiz Elizabeth C
Seller's Agent
JESSIE MORFIN
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
AARON CUEVAS
CIRCA PROPERTIES, INC
List Price
$339,990
Sold Price
$350,000
Premium/Discount to List
$10,010
2.94%
Current Estimated Value
$733,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,173
Avg. Annual Appreciation
7.51%
Original Mortgage
$250,000
Outstanding Balance
$192,256
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$559,075

Purchase Details

Listed on
Jul 20, 2012
Closed on
Oct 5, 2012
Sold by
Fannie Mae
Bought by
Cordova Irma and Alvarado Ines
Seller's Agent
MIKE MARABLE
COLDWELL BANKER KIVETT-TEETERS
Buyer's Agent
JESSIE MORFIN
EXP REALTY OF CALIFORNIA INC
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.09%
Original Mortgage
$176,250
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2012
Sold by
Diamreyan Ochuko G and Diamreyan Flora E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 4, 2006
Sold by
Diamreyan Ochuko G and Diamreyan Flora E
Bought by
Diamreyan Ochuko G and Diamreyan Flora E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 25, 2005
Sold by
Diamreyan Ochuko G and Diamreyan Flora E
Bought by
Diamreyan Ochuko G and Diamreyan Flora E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,700
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2004
Sold by
Diam Ochuko G and Diam Flora E
Bought by
Diam Ochuko G and Diam Flora E

Purchase Details

Closed on
Nov 1, 2002
Sold by
Thelia Maurice
Bought by
Diamreyan Ochuko G and Diamreyan Flora E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.86%

Purchase Details

Closed on
Sep 4, 2002
Sold by
Davidovich Julie A and Davidovich Julie
Bought by
The Maurice Thelia Revokable Trust and The Hillson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.86%

Purchase Details

Closed on
Nov 29, 2001
Sold by
American Mutual Mtg Profit Sharing Plan
Bought by
The Rmf Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,500
Interest Rate
6.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 2001
Sold by
Davidovich Julie
Bought by
American Mutual Mtg Profit Sharing Plan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,500
Interest Rate
6.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 26, 2001
Sold by
Hud
Bought by
Davidovich Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,750
Interest Rate
7.08%

Purchase Details

Closed on
Aug 29, 2000
Sold by
Principal Residential Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Aug 21, 2000
Sold by
Castillo Jose
Bought by
Principal Residential Mtg Inc

Purchase Details

Closed on
Nov 24, 1998
Sold by
Saunier Patrick and Salazar Gregory
Bought by
Castillo Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,102
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 1998
Sold by
Salazar Gregory
Bought by
Saunier Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.88%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 26, 1998
Sold by
Kennedy Millford G
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 5, 1998
Sold by
Kennedy Millford G
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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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
Cordova Senen M $350,000 First American Title Company
Cordova Irma $235,000 Old Republic Title Company
Federal National Mortgage Association $227,968 Landsafe Title
Diamreyan Ochuko G -- Commerce Title Company
Diamreyan Ochuko G -- Financial Title Company
Diam Ochuko G -- --
Diamreyan Ochuko G $185,000 Atc
The Maurice Thelia Revokable Trust $143,492 American Title
The Rmf Group $20,000 Chicago Title
American Mutual Mtg Profit Sharing Plan -- --
Davidovich Julie $125,500 Landsafe Title
Hud -- Fidelity National Title
Principal Residential Mtg Inc $146,084 American Title
Castillo Jose $135,000 Commonwealth Land Title Co
Salazar Gregory -- Commonwealth Land Title Co
Saunier Patrick -- Commonwealth Land Title Co
Saunier Patrick -- First American Title
Federal Home Loan Mortgage Corporation $62,500 First American Title Ins Co
Federal Home Loan Mortgage Corporation $91,396 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordova Senen M $250,000
Previous Owner Cordova Irma $176,250
Previous Owner Diamreyan Ochuko G $100,000
Previous Owner Diamreyan Ochuko G $243,700
Previous Owner Diamreyan Ochuko G $88,000
Previous Owner Diamreyan Ochuko G $148,000
Previous Owner The Rmf Group $11,500
Previous Owner Davidovich Julie $33,750
Previous Owner Davidovich Julie $125,750
Previous Owner Castillo Jose $134,102
Previous Owner Saunier Patrick $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2015 01/21/15 Sold $350,000 +2.9% $107 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $339,990 +44.7% $104 / Sq Ft
10/12/2012 10/12/12 Sold $235,000 -9.6% $72 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $259,900 -- $80 / 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 $5,299 $420,649 $100,957 $319,692
2024 $5,299 $412,401 $98,977 $313,424
2023 $5,167 $404,314 $97,036 $307,278
2022 $5,178 $396,386 $95,133 $301,253
2021 $5,190 $388,614 $93,268 $295,346
2020 $5,205 $384,630 $92,312 $292,318
2019 $5,049 $377,088 $90,502 $286,586
2018 $4,991 $369,694 $88,727 $280,967
2017 $4,837 $362,445 $86,987 $275,458
2016 $4,692 $355,338 $85,281 $270,057
2015 $3,186 $240,783 $48,156 $192,627
2014 $3,098 $236,067 $47,213 $188,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14244836

California Regional Multiple Listing Service (CRMLS)

APN: 0145-164-19