NOT LISTED FOR SALE

Estimated Value: $538,089 - $790,000

8 Beds
8 Baths
3,636 Sq Ft
$193/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $240,000 $66 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $3,997/month

83 Days on Market

About This Home

As of April 2014

Rare opportunity!! Own one Four-plex or two...the Four-plex next door is also for sale at 15505 Rancherias. These beautiful, well taken care of 4plex properties are in a nice area and both offer very nice 2bdrm, 2bath units with 2 Car Garages. In addition you will find each unit has an open kitchen with stove and dishwasher. The living rooms are large and the two bedrooms are good sized with the master bedroom being over sized and having it's own bathroom. These properties are walking distance to key shopping areas and have easy access to amenities like buses, the golf course and to Highway 18. Both properties have been well taken care of and are up to date on differed maintenance and have a upside potential in rents

Last Agent to Sell the Property

JEFFREY LONGSHORE

Coldwell Banker Home Source License #01239692 Listed on: 01/06/2014

Last Buyer's Agent

Yvette Lotz

Sunset Breeze Real Estate License #01311331

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 1985

Lot Details

  • 0.36 Acre Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage

Home Design

  • 3,636 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 271
  • Tax Tract Number 4112
  • Assessor Parcel Number 0441241050000

Community Details

Overview

  • 4 Units
  • Foothills

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $200
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,125
  • Gross Income $2,600
  • Net Operating Income $29,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,763

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 0441241050000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 66.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Foothills

Lot Info

  • Lot Size Sq Ft: 15810.00
  • Lot Size Acres: 0.3630

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 15810.0000 Square Feet
  • Net Operating Income: 29200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3125.00
  • Tax Lot: 271
  • Tax Tract Number: 4112
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2014
Sold by
Schafer Scott and Currey Nancy
Bought by
Zamfir Pompiliu Manuel
Current Estimated Value
$702,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2009
Sold by
Weshler Winnie
Bought by
Schafer Scott and Currey Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 1994
Sold by
Balik Albert M and Balik Lula B
Bought by
Albert & Lula Balik Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zamfir Pompiliu Manuel $240,000 Priority Title Company
Schafer Scott $180,000 Priority Title
Albert & Lula Balik Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zamfir Pompiliu Manuel $180,000
Previous Owner Schafer Scott $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2014 04/17/14 Sold $240,000 -7.3% $66 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $259,000 -- $71 / 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 $3,763 $294,208 $30,647 $263,561
2024 $3,763 $288,439 $30,046 $258,393
2023 $3,725 $282,783 $29,457 $253,326
2022 $3,667 $277,238 $28,879 $248,359
2021 $3,585 $271,802 $28,313 $243,489
2020 $3,539 $269,015 $28,023 $240,992
2019 $3,473 $263,741 $27,474 $236,267
2018 $3,390 $258,569 $26,935 $231,634
2017 $3,341 $253,499 $26,407 $227,092
2016 $3,053 $248,528 $25,889 $222,639
2015 $3,007 $193,324 $16,110 $177,214
2014 $2,392 $189,537 $15,794 $173,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV13224702

California Regional Multiple Listing Service (CRMLS)

APN: 0441-241-05