NOT LISTED FOR SALE

Estimated Value: $545,000 - $736,241

2 Beds
1 Bath
1,407 Sq Ft
$477/Sq Ft Est. Value

Last Sold August 17, 2015

Last sale price $387,000 $275 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,134/month

53 Days on Market

Highlights

  • Modern Architecture
  • Double Pane Windows
  • 4 Detached Carport Spaces
  • No HOA
  • Tile Flooring
  • 3-minute walk to Augustus F. Hawkins Natural Park

About This Home

As of August 2015

Great Investment Property!!! 2 units, 2 bedroom 1 bath each unit. Very clean on inside, seller upgraded a couple of years ago. Long driveway with lots of parking. Property shows very well. Live in one and rent the other.

Last Agent to Sell the Property

Martha Hanna

Martha Hanna Realty License #01892298 Listed on: 04/27/2015

Last Buyer's Agent

Martha Hanna

Martha Hanna Realty License #01892298 Listed on: 04/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,705

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 5,389 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • Modern Architecture
  • Raised Foundation

Interior Spaces

  • 1,407 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Security Lights

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 6 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 2291
  • Assessor Parcel Number 5104021025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Water Sewer Expense $200
  • New Taxes Expense $200
  • Gross Income $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,705

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Inclusions: All attached property
  • Property Attached: No
  • Security: Security Lights
  • View: No
  • Water Sewer Expenses: 200.00
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5104021025
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 275.05
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5389.00
  • Price Per Lot Square Foot: 71.81
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Income: 2100.00
  • Gross Scheduled Income: 2100.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5389.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 200.00
  • Taxes Percent: 1.25
  • Tax Lot: 23
  • Tax Tract Number: 2291
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jul 6, 2015
Sold by
Hernandez Epifanio and Hernandez Rita
Bought by
Nieves Adan and Nieves Maria L
Seller's Agent
Martha Hanna
Martha Hanna Realty
Buyer's Agent
Martha Hanna
Martha Hanna Realty
List Price
$419,900
Sold Price
$387,000
Premium/Discount to List
-$32,900
-7.84%
Current Estimated Value
$671,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,560
Avg. Annual Appreciation
5.81%
Original Mortgage
$374,083
Outstanding Balance
$294,418
Interest Rate
3.97%
Mortgage Type
FHA
Estimated Equity
$387,678
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
Nieves Adan $387,000 Nations Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieves Adan $374,083
Previous Owner Hernandez Epifanio $250,000
Previous Owner Hernandez Epifanio $50,000
Previous Owner Hernandez Epifanio $25,000
Previous Owner Hernandez Epifanio $153,000
Previous Owner Hernandez Epifanio $30,000
Previous Owner Hernandez Epifanio $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2015 08/17/15 Sold $387,000 -7.8% $275 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $419,900 -- $298 / 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 $5,705 $458,121 $272,269 $185,852
2024 $5,705 $449,139 $266,931 $182,208
2023 $5,598 $440,334 $261,698 $178,636
2022 $5,343 $431,701 $256,567 $175,134
2021 $5,274 $423,237 $251,537 $171,700
2020 $5,325 $418,898 $248,958 $169,940
2019 $5,120 $410,685 $244,077 $166,608
2018 $5,027 $402,634 $239,292 $163,342
2016 $4,799 $387,000 $230,000 $157,000
2015 $2,649 $206,634 $122,451 $84,183
2014 $2,671 $202,587 $120,053 $82,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15088675

California Regional Multiple Listing Service (CRMLS)

APN: 5104-021-025