NOT LISTED FOR SALE
4 Beds
3 Baths
2,352 Sq Ft
6,451 Sq Ft Lot

Sale Details

Date Sold: February 9, 2018

Last sale price $700,000 $298 Per Sq Ft

80 Days on Market

About This Home

As of February 2018

5 units in with great upside potential. Charming free standing bungalow style units. Parking in the rear of buildings. Near shopping, bus, downtown. Please don't contact tenants.

Last Agent to Sell the Property

Jacqueline Ann Collins

Millennium Real Estate Service License #01275204 Listed on: 09/26/2017

Last Buyer's Agent

Bradley Johnson

Bradley Johnson, Broker License #01896130

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,451 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Composition Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 3637
  • Assessor Parcel Number 7268038020

Community Details

Overview

  • 5 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Insurance Expense $585
  • Professional Management Expense $1,200
  • Supplies Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $3,266
  • New Taxes Expense $9,188
  • Operating Expense $16,039
  • Gross Income $51,000
  • Net Operating Income $34,961

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

6,451 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 1200.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Poly High (PH)
  • Supplies Expense: 1000.00
  • Water Sewer Expenses: 3266.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7268038020
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 297.62

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6451.00

Multi Family

  • Gross Operating Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 585.00
  • Net Operating Income: 34961.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 16039.00
  • Rent Control: No
  • Total Actual Rent: 4250.00
  • Total Expenses: 16039.00

Tax Info

  • New Taxes Expense: 9188.00
  • Tax Census Tract: 5752.02
  • Tax Lot: 22
  • Tax Tract Number: 3637

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$625,908
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 26, 2017
Closed on
Jan 31, 2018
Sold by
Bought by
Seller's Agent
Jacqueline Ann Collins
Millennium Real Estate Service
Buyer's Agent
Bradley Johnson
Bradley Johnson, Broker
List Price
$735,000
Sold Price
$700,000
Premium/Discount to List
-$35,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Wfg National Title Company
-- Wfg National Title Company
$700,000 Wfg National Title Company
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $720,000
Closed $732,000
Closed $732,000
Previous Owner $432,000
Previous Owner $97,500
Previous Owner $15,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/09/2018 02/09/18 Sold $700,000 -4.8% $298 / Sq Ft
09/26/2017 09/26/17 For Sale $735,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,380 $892,410 $446,205 $446,205
2024 $11,824 $874,912 $437,456 $437,456
2023 $11,619 $857,758 $428,879 $428,879
2022 $10,916 $840,940 $420,470 $420,470
2021 $10,692 $824,452 $412,226 $412,226
2020 $10,665 $816,200 $408,000 $408,200
2019 $9,499 $714,200 $306,000 $408,200
2018 $3,125 $198,248 $76,168 $122,080
2017 $3,091 $194,166 $74,675 $119,491
2016 $2,882 $190,360 $73,211 $117,149
2015 $2,781 $187,502 $72,112 $115,390
2014 $2,792 $183,830 $70,700 $113,130
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17223361

California Regional Multiple Listing Service (CRMLS)
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