NOT LISTED FOR SALE

1458 Mayhew Ln Paradise, CA 95969

Estimated Value: $292,811 - $341,000

4 Beds
2 Baths
1,729 Sq Ft
$183/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $150,000 $87 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,830/month

38 Days on Market

Highlights

  • Marina
  • 1.04 Acre Lot
  • Laundry Room
  • Fishing
  • Reservoir in Community
  • Horse Trails

About This Home

As of December 2013

2 Homes on over 1 Acre! This property has it all, live in one and rent the other or rent them both for a great investment property. Both homes are 2 bedroom 1 bath--one with an attached single car garage and a large barn building out back, the other with an attached carport. Homes sit completely separate and have great yard space both front and back. There is an additional driveway between the 2 that went to a 3rd unit at the back of the property that has since been removed, but per seller, another unit could still be added there. Must contact Town Building/Zoning department to verify any plans to do so. Great investment property with an approximate cap rate of 9% at Listing Price!

Last Agent to Sell the Property

Rhonda Maehl

Century 21 Select Paradise License #01178298 Listed on: 09/10/2013

Century 21 Select Paradise

Last Buyer's Agent

Donna Zeuli

Coldwell Banker C&C Properties License #01396052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1960

Lot Details

  • 1.04 Acre Lot
  • No Common Walls
  • Rural Setting
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 1 Attached Carport Space
  • Parking Available
  • Gravel Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 1,729 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 050150021000

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Buildings
  • 2 Units
  • Reservoir in Community
  • Near a National Forest
  • Foothills
  • Mountainous Community

Recreation

  • Marina
  • Fishing
  • Hunting
  • Horse Trails

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $928
  • Maintenance Expense $320
  • Trash Expense $818
  • Water Sewer Expense $520
  • New Taxes Expense $1,087
  • Gross Income $1,500
  • Net Operating Income $14,327

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,238

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Ad Number: 615
  • CapRate: 9.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 520.00
  • Property Type: Residential Income
  • Parcel Number: 050150021000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 86.76

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, Gravel, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 818.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Blm/National Forest, Foothills, Hunting, Horse Trails, Mountainous, Rural

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 45302.00
  • Lot Size Acres: 1.0400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 928.00
  • Lot Size Area: 45302.0000 Square Feet
  • Maintenance Expense: 320.00
  • Net Operating Income: 14327.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3673.00
  • Rent Control: No
  • Total Actual Rent: 1500.00
  • Waterfront Features: Fishing in Community, Marina in Community, Reservoir in Community

Tax Info

  • New Taxes Expense: 1087.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2014
Sold by
Noyes Lonny J and Maher Kathryn E
Bought by
Maher Noyes 2014 Trust
Current Estimated Value
$316,906

Purchase Details

Listed on
Sep 10, 2013
Closed on
Dec 18, 2013
Sold by
Noyes Lonny J
Bought by
Noyes Lonny J and Maher Kathryn
Seller's Agent
Rhonda Maehl
Century 21 Select Paradise
Buyer's Agent
Donna Zeuli
Coldwell Banker C&C Properties
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$100,000
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 1999
Sold by
Ssi Properties Inc
Bought by
Lucito Charles S and Lucito Linda N

Purchase Details

Closed on
Apr 21, 1999
Sold by
Harris Lawrence W and Harris Peggy Florine
Bought by
Ssi Properties Inc

Purchase Details

Closed on
Jul 24, 1998
Sold by
Harris Lawrence W and Harris Peggy Florine
Bought by
Harris Lawrence W and Harris Peggy Florine
Source: Public Records

Range of Values:

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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
Maher Noyes 2014 Trust -- None Available
Noyes Lonny J -- None Available
Noyes Lonny J $150,000 Mid Valley Title & Escrow Co
Lucito Charles S $80,000 Bidwell Title & Escrow Compa
Ssi Properties Inc $80,000 Bidwell Title & Escrow Compa
Harris Lawrence W -- Bidwell Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maker Kathryn Corum $240,000
Closed Maher Kathryn E Corum $158,000
Closed Maher Kathryn E Corum $135,000
Closed Noyes Lonny J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $150,000 -5.7% $87 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $159,000 -- $92 / 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 $1,238 $45,000 $45,000 --
2024 $1,238 $45,000 $45,000 $0
2023 $1,085 $45,000 $45,000 $0
2022 $1,021 $45,000 $45,000 $0
2021 $692 $35,000 $35,000 $0
2020 $632 $35,000 $35,000 $0
2019 $456 $35,000 $35,000 $0
2018 $1,750 $161,603 $91,575 $70,028
2017 $1,723 $158,435 $89,780 $68,655
2016 $1,673 $155,329 $88,020 $67,309
2015 $1,645 $152,996 $86,698 $66,298
2014 $1,651 $150,000 $85,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH13184558

California Regional Multiple Listing Service (CRMLS)

APN: 050-150-021-000