NOT LISTED FOR SALE

Estimated Value: $740,811 - $848,000

4 Beds
2 Baths
1,564 Sq Ft
$496/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $569,000 $364 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,765/month

55 Days on Market

Highlights

  • No HOA
  • East Facing Home
  • 1-Story Property
  • Wrought Iron Fence
  • Wall Furnace

About This Home

As of December 2020

***BOTH UNITS WILL BE VACANT AT CLOSE OF ESCROW***
DUPLEX 2 BEDROOMS AND 1 BATHROOM EACH.
FRONT UNIT IS COMPLETELY REMODELED. Living Room and bedrooms with ceiling fans. Formal Dining Room, Family Kitchen with new cabinets, counter top and microwave. Laminate Flooring and Recessed Lighting throughout the house. Carports and Long Driveway.
BACK UNIT was remodeled 9 years ago.

Last Agent to Sell the Property

Lourdes Moraga

Lourdes Moraga License #01127397 Listed on: 08/04/2020

Last Buyer's Agent

Daniel Hernandez

Excellence RE Real Estate License #01042373

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,548

Year Built

  • Built in 1908

Lot Details

  • 5,057 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Wrought Iron Fence
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,564 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 21 / C
  • Tax Tract Number 21
  • Assessor Parcel Number 5116016017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $1,000
  • Water Sewer Expense $362
  • New Taxes Expense $4,838
  • Operating Expense $7,400
  • Gross Income $44,400
  • Net Operating Income $44,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,548

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 362.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5116016017
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 363.81
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: East
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Microwave
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5057.00
  • Lot Size Acres: 0.1161

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 44400.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5057.0000 Square Feet
  • Net Operating Income: 44600.00
  • 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: 200.00
  • Rent Control: Yes
  • Total Expenses: 7400.00

Tax Info

  • New Taxes Expense: 4838.00
  • Tax Block: C
  • Tax Census Tract: 2281.00
  • Tax Lot: 21
  • Tax Tract Number: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Nov 18, 2020
Sold by
26 Rs Haslacha Llc
Bought by
Martinez Alberto and Martinez Maria
Seller's Agent
Lourdes Moraga
Lourdes Moraga
Buyer's Agent
Daniel Hernandez
Excellence RE Real Estate
List Price
$575,000
Sold Price
$569,000
Premium/Discount to List
-$6,000
-1.04%
Current Estimated Value
$776,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,203
Avg. Annual Appreciation
5.11%
Original Mortgage
$483,650
Outstanding Balance
$432,339
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$289,634

Purchase Details

Closed on
Aug 13, 2020
Sold by
Imax Capital Llc
Bought by
26 Rs Haslacha Llc

Purchase Details

Closed on
Aug 12, 2020
Sold by
Rayhani Arash
Bought by
Imax Capital

Purchase Details

Closed on
May 7, 2015
Sold by
Joseph Enterprises Llc
Bought by
Reyhani Arash

Purchase Details

Closed on
Apr 18, 2011
Sold by
Chavez Leonel
Bought by
Joseph Enterprises Llc

Purchase Details

Closed on
Jul 11, 2006
Sold by
Adma Enterprise Inc
Bought by
Chavez Leonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2005
Sold by
Vasquez Bertha
Bought by
Adma Enterprise Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,700
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 26, 2005
Sold by
Vasquez Juan B
Bought by
Vasquez Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,700
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 8, 2005
Sold by
Evans Karen Denice
Bought by
Vasquez Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,700
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 27, 2002
Sold by
Evans Leona M
Bought by
Evans Karen Denice

Purchase Details

Closed on
Feb 11, 1997
Sold by
Evans Billie
Bought by
Evans Billie and Evans Leona M
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
Martinez Alberto $569,000 Fidelity National Title
26 Rs Haslacha Llc $549,000 Fidelity National Title
Imax Capital -- Fidelity National Title Co
Reyhani Arash -- None Available
Joseph Enterprises Llc $166,000 None Available
Chavez Leonel $550,000 Ticor Title Company
Adma Enterprise Inc -- --
Vasquez Bertha -- Ticor Title Co Fullerton
Vasquez Bertha $329,000 Ticor Title Co Fullerton
Evans Karen Denice -- --
Evans Leona M -- --
Evans Billie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Alberto $483,650
Previous Owner Joseph Enterprises $520,000
Previous Owner Chavez Leonel $110,000
Previous Owner Chavez Leonel $440,000
Previous Owner Vasquez Bertha $98,700
Previous Owner Vasquez Bertha $230,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $569,000 0.0% $364 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $569,000 -1.0% $364 / Sq Ft
08/04/2020 08/04/20 For Sale $575,000 -- $368 / 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 $7,548 $615,902 $369,108 $246,794
2024 $7,548 $603,826 $361,871 $241,955
2023 $7,404 $591,987 $354,776 $237,211
2022 $7,062 $580,380 $347,820 $232,560
2021 $6,973 $569,000 $341,000 $228,000
2020 $5,031 $395,613 $252,753 $142,860
2019 $4,837 $387,857 $247,798 $140,059
2018 $4,765 $380,253 $242,940 $137,313
2016 $4,546 $365,489 $233,507 $131,982
2015 $4,129 $330,459 $213,200 $117,259
2014 -- $323,987 $209,024 $114,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20156496

California Regional Multiple Listing Service (CRMLS)

APN: 5116-016-017