NOT LISTED FOR SALE

Estimated Value: $538,000 - $846,178

2 Beds
1 Bath
3,053 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $310,000 $102 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,246/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • No HOA
  • Laundry Room

About This Home

As of May 2013

Income Property Great Opportunity!! 4 Units all rented. Units #1,#2. #3 have 2 Bedrooms 1 Bath 1 Car Garage. Unit #4 has 2 Bedrooms
1 Bath, Bonus Room, 2 Car Garage. Each unit has is own front yard. One big back yard for everyone to enjoy.
Washer and Dryer hook ups. Linoleum flooring on Kitchen and Bathrooms. Carpet on all bedrooms.

Last Agent to Sell the Property

MARIA HILDA RUIZ

Realty Masters & Associates License #01227142 Listed on: 05/20/2013

Realty Masters & Associates

Last Buyer's Agent

Louis Castillo

Silver Terrace Real Estate License #01257554

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 1958

Lot Details

  • 10,125 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Side Facing Garage

Home Design

  • 3,053 Sq Ft Home
  • Traditional Architecture
  • Property Attached

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 0145173250100

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Water Sewer Expense $3,000
  • New Taxes Expense $1,575
  • Net Operating Income $2,859

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,826

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Other Phone Description: 951-538-2392
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0145173250100
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Levels: One
  • Price Per Square Foot: 101.54

Exterior Features

  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Side
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10125.00
  • Lot Size Acres: 0.2320

Multi Family

  • Gross Scheduled Income: 3350.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 10125.0000 Square Feet
  • Net Operating Income: 2859.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 491.00
  • Rent Control: No
  • Total Actual Rent: 3350.00

Tax Info

  • New Taxes Expense: 1575.00
  • Tax Lot: 16
  • Tax Tract Number: GATCH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2013
Closed on
May 13, 2013
Sold by
Solano Maria
Bought by
Solano Alfonso
Seller's Agent
MARIA HILDA RUIZ
Realty Masters & Associates
Buyer's Agent
Louis Castillo
Silver Terrace Real Estate
List Price
$292,000
Sold Price
$310,000
Premium/Discount to List
$18,000
6.16%
Total Days on Market
8
Current Estimated Value
$684,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,795
Avg. Annual Appreciation
6.69%
Original Mortgage
$210,000
Outstanding Balance
$151,679
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$523,400

Purchase Details

Listed on
May 20, 2013
Closed on
May 7, 2013
Sold by
Solano Alfonso
Bought by
Jaime Mauricio and Jaime Justina
Seller's Agent
MARIA HILDA RUIZ
Realty Masters & Associates
Buyer's Agent
Louis Castillo
Silver Terrace Real Estate
List Price
$292,000
Sold Price
$310,000
Premium/Discount to List
$18,000
6.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$151,679
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$523,400

Purchase Details

Closed on
Sep 27, 2004
Sold by
Perkins David W and Perkins Audrey J
Bought by
Solano Alfonso

Purchase Details

Closed on
May 11, 2000
Sold by
Perkins David W
Bought by
Perkins David W and Perkins Audrey J
Source: Public Records

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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
Solano Alfonso -- Chicago Title
Jaime Mauricio $310,000 Chicago Title
Solano Alfonso $330,000 Old Republic Title Company
Perkins David W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaime Mauricio $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $310,000 +6.2% $102 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $292,000 -- $96 / 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
2024 $4,826 $374,260 $74,852 $299,408
2023 $4,705 $366,921 $73,384 $293,537
2022 $4,715 $359,726 $71,945 $287,781
2021 $4,725 $352,672 $70,534 $282,138
2020 $4,739 $349,056 $69,811 $279,245
2019 $4,597 $342,212 $68,442 $273,770
2018 $4,544 $335,502 $67,100 $268,402
2017 $4,404 $328,923 $65,784 $263,139
2016 $4,272 $322,473 $64,494 $257,979
2015 $4,201 $317,629 $63,525 $254,104
2014 $4,085 $311,407 $62,281 $249,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13072510

California Regional Multiple Listing Service (CRMLS)

APN: 0145-173-25