NOT LISTED FOR SALE
Studio
2 Baths
-- Sq Ft
0.48 Acres

Last Sold June 22, 2021

Last sale price $853,000

87 Days on Market

Highlights

  • No HOA
  • Mini Split Air Conditioners
  • 1-Story Property
  • Coin Laundry

About This Home

As of June 2021

Amazing income property located in Valley Springs. There is 10 units fully rented with a 3 car detached garage and carport. Coin operated washer and dryer on sight. The exterior of the three building has been remodeled with stucco, windows and comp roof. Excellent located will not disappoint. Would be a great property to add to your portfolio.

Last Agent to Sell the Property

Jason Spence

Century 21 Select Real Estate License #01759959 Listed on: 01/25/2021

Century 21 Select Real Estate

Last Buyer's Agent

Jason Spence

Century 21 Select Real Estate License #01759959 Listed on: 01/25/2021

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 0.48

Parking

  • 3 Car Garage
  • 1 Carport Space
  • Open Parking

Home Design

  • Slab Foundation

Flooring

  • Linoleum
  • Laminate

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • 220 Volts

Additional Features

  • 1-Story Property
  • 0.48 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 046-007-005

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 10 Units

Amenities

  • Coin Laundry

Building Details

  • 10 Leased Units
  • 10 Units Leased Month-To-Month
  • Insurance Expense $5,000
  • Professional Management Expense $6,000
  • Net Operating Income $76,284

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1931
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Linoleum

Exterior Features

  • Construction Materials: Wood
  • Foundation: Slab
  • Listing Price: 949000.00
  • Lot Features: Other

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 3
  • Parking Features: Open

Utilities

  • Security: None
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Individual
  • Electric: 220 Volts
  • Heating: Individual
  • Laundry Features: Coin Operated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Calaveras Unified

Lot Info

  • Zoning Description: R3
  • Irrigation: None
  • Lot Size Acres: 0.4800
  • Lot Size Sq Ft: 20909

Rental Info

  • Total # Leasable: 10

Multi Family

  • Income Includes: Coin Operated Equipment
  • Insurance Expense: 5000
  • Number of Leased Units: 10
  • Number of Month to Month Units: 10
  • Number of Units: 10

Tax Info

  • Assessor Parcel Number: 046-007-005
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Calaveras

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2021 06/22/21 Sold $853,000 -10.1% --
04/22/2021 04/22/21 Pending -- -- --
02/23/2021 02/23/21 For Sale -- -- --
01/25/2021 01/25/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $949,000 +175.1% --
08/29/2017 08/29/17 Sold $345,000 -46.9% $107 / Sq Ft View Prior Sale
07/30/2017 07/30/17 Pending -- -- --
03/24/2016 03/24/16 For Sale $649,900 -- $202 / Sq Ft
Source: MetroList

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 $11,607 $923,313 $16,236 $907,077
2023 $11,393 $887,461 $15,606 $871,855
2022 $10,838 $870,060 $15,300 $854,760
2021 $2,237 $125,088 $20,494 $104,594
2020 $2,263 $123,806 $20,284 $103,522
2019 $2,311 $121,380 $19,887 $101,493
2018 $2,248 $119,001 $19,498 $99,503
2017 $2,218 $116,668 $19,116 $97,552
2016 $2,218 $114,382 $18,742 $95,640
2015 $2,192 $112,665 $18,461 $94,204
2014 -- $110,459 $18,100 $92,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20080355

MetroList

APN: 046-007-005