$700,000
SOLD SEP 17, 2012
5 Beds
-- Bath
2,500 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$280 Per Sq Ft

7% Below List Price

18 Days on Market

Highlights

  • Wood Flooring
  • Guest Parking
  • Baseboard Heating
  • Sequoia High School Rated A

About This Home

As of October 2013

Owner retiring, Great investment opportunity, Spacious triplex in Great location. Within walking distance to Sequoia Station + shopping center, Public transportation & Whole Foods. Each unit has large private storage or garage(2). Tenants pay all utilities including water & Garbage. Below market rent in 3 bedroom unit can be increased by new owners if desired. Nicely maintained by long term owner.

Last Agent to Sell the Property

Art Sharif

Sotheby's Intl Rlty License #01481940 Listed on: 07/26/2012

Sotheby's Intl Rlty

Last Buyer's Agent

Bryan Jacobs

Realsmart Properties License #01129660

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,868

Year Built

  • 1927

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • Private Parking
  • Guest Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $45,540

Community Details

Overview

  • 3 Units
  • 2,500 Sq Ft Building

Building Details

  • Gardener Expense $200
  • Insurance Expense $3,000
  • Other Expense $1,000
  • Operating Expense $8,775
  • Gross Income $45,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,868

Year Built

1927

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Age: 85
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 280.00
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2500
  • Stories: 2
  • Laundry: In Garage, In Some Units
  • Flooring: Hardwood, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Area(s)

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Location: Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5000.00
  • Lot Size Area Min Search: 5000.00
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 16.45

Multi Family

  • Expense Insurance: 3000
  • Expense Landscape: 200
  • Expenses Other: 1000
  • Expenses Total: 8775
  • Income Annual Gross: 45540.00
  • Income Annual Rental: 45540
  • Income Gross Scheduled: 45540
  • Income Includes: Laundry, Parking, Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 2
  • Operating Expenses Include: Supplies
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2021
Sold by
Toy Kan L and Toy Anna
Bought by
Toy Kay and Toy Anna
Current Estimated Value
$1,915,894

Purchase Details

Listed on
Jun 28, 2013
Closed on
Oct 9, 2013
Sold by
Realsmart Fund 6 Lp
Bought by
Toy Kan L and Toy Anna
Seller's Agent
Bryan Jacobs
Realsmart Properties
Buyer's Agent
Carolyn Windsor
Coldwell Banker Res Brokerage
List Price
$949,000
Sold Price
$960,000
Premium/Discount to List
$11,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$290,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2012
Closed on
Aug 30, 2012
Sold by
Locki Rozalija
Bought by
Realsmart Fund 6 Lp
Seller's Agent
Art Sharif
Sotheby's Intl Rlty
Buyer's Agent
Bryan Jacobs
Realsmart Properties
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.34%
Original Mortgage
$225,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1998
Sold by
Garretson James and Garretson Dianne K
Bought by
Locki Branislav and Locki Rozalija

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
7.06%

Purchase Details

Closed on
Dec 27, 1995
Sold by
Home Svgs Of America
Bought by
Garretson James and Garretson Diane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Interest Rate
7.37%

Purchase Details

Closed on
May 3, 1995
Sold by
Villazon Basiliano P and Villazon Paz
Bought by
Home Svgs Of America Fsb
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $960,000 Chicago Title Company
Grant Deed $700,000 Chicago Title Company
Grant Deed $359,000 Fidelity National Title Co
Corporate Deed $275,500 North American Title Co
Trustee Deed $43,419 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Closed $290,000 New Conventional
Previous Owner $225,000 Purchase Money Mortgage
Previous Owner $375,000 Unknown
Previous Owner $263,200 No Value Available
Previous Owner $220,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $960,000 +1.2% $464 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $949,000 +35.6% $458 / Sq Ft
09/17/2012 09/17/12 Sold $700,000 -6.5% $280 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $749,000 -- $300 / Sq Ft
Source: MLSListings

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 $12,868 $1,176,819 $668,092 $508,727
2023 $12,868 $1,131,123 $642,150 $488,973
2022 $12,080 $1,108,945 $629,559 $479,386
2021 $11,963 $1,087,202 $617,215 $469,987
2020 $11,803 $1,076,055 $610,887 $465,168
2019 $11,760 $1,054,957 $598,909 $456,048
2018 $11,444 $1,034,272 $587,166 $447,106
2017 $11,320 $1,013,993 $575,653 $438,340
2016 $11,136 $994,112 $564,366 $429,746
2015 $10,720 $979,180 $555,889 $423,291
2014 $10,515 $960,000 $545,000 $415,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81228049

MLSListings

APN: 053-033-260