NOT LISTED FOR SALE

Estimated Value: $1,074,000 - $1,362,864

10 Beds
6 Baths
3,505 Sq Ft
$360/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $920,000 $262 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,626/month

About This Home

As of February 2021

Excellent Investment Property - Duplex Built in 2014. 5 Bedrooms and 3 Baths in each unit. 2 car garage. Duplex totals 3,505 SF. Dual Pane Windows. Kitchen with granite counter tops. $5,900 Rental Income Every Month.

Last Agent to Sell the Property

Cary Hairabedian

RE/MAX College Park Realty License #00876519 Listed on: 02/10/2021

RE/MAX College Park Realty

Last Buyer's Agent

Cary Hairabedian

RE/MAX College Park Realty License #00876519 Listed on: 02/10/2021

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Lot Details

  • 5,362 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 3 Car Garage

Home Design

  • 3,505 Sq Ft Home
  • Duplex
  • Planned Development

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 7
  • Assessor Parcel Number 5107012011

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $4,200
  • New Taxes Expense $11,250
  • Operating Expense $17,230
  • Gross Income $70,800
  • Net Operating Income $53,570

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4200.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5107012011
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 262.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5362.00
  • Lot Size Acres: 0.1231

Multi Family

  • Gross Income: 70800.00
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5362.0000 Square Feet
  • Net Operating Income: 53570.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 17230.00
  • Rent Control: No
  • Total Expenses: 17230.00

Tax Info

  • New Taxes Expense: 11250.00
  • Tax Census Tract: 2287.20
  • Tax Lot: 11
  • Tax Tract Number: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2015
Sold by
Fasheh Bassam and Fasheh Mary J
Bought by
Mary Fashem Family Trust
Current Estimated Value
$1,262,716

Purchase Details

Closed on
Jul 8, 2014
Sold by
Ocean Development Inc
Bought by
Fasheh Bassam and Fasheh Mary I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2014
Sold by
Walton Margaret and The Margaret Walton Revocable
Bought by
Ocean Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.34%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 8, 2010
Sold by
Walton Margaret
Bought by
Walton Margaret and Walton Margaret Revocable Livi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mary Fashem Family Trust -- None Available
Fasheh Bassam -- Lawyers Title
Ocean Development Inc $208,000 Lawyers Title
Walton Margaret -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fasheh Bassam $427,500
Previous Owner Ocean Development Inc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 For Sale $920,000 0.0% $262 / Sq Ft
02/08/2021 02/08/21 Sold $920,000 -- $262 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
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 $12,359 $995,835 $465,445 $530,390
2024 $12,145 $976,310 $456,319 $519,991
2023 $11,913 $957,168 $447,372 $509,796
2022 $11,361 $938,400 $438,600 $499,800
2021 $7,835 $632,878 $216,510 $416,368
2020 $7,909 $626,389 $214,290 $412,099
2019 $7,603 $614,108 $210,089 $404,019
2018 $7,472 $602,068 $205,970 $396,098
2016 $7,001 $578,691 $197,973 $380,718
2015 $6,898 $570,000 $195,000 $375,000
2014 -- $17,553 $11,779 $5,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21028111

California Regional Multiple Listing Service (CRMLS)

APN: 5107-012-011