NOT LISTED FOR SALE

Estimated Value: $1,058,000 - $1,487,531

9 Beds
7 Baths
4,268 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $750,000 $176 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,679/month

15 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Front Yard
  • Laundry Room

About This Home

As of September 2015

The subject property is a Townhouse style complex with a unit mix of 1(3 bed/2 bath) and 3(2 bed/2 Bath) built in 1980. All units have an enclosed garages and uncovered spaces. Utilities are separately metered for gas and electricity. Tenants enjoy the available washer and dryer hook ups along with private patio' s and balconies. Updates include newer roof and A/C units. Some units have update tile flooring. Ideal property for beginning investor or owner occupied. 1502 E Fairfield Ct is also available for sale to complete a total of 8 units.

Located close to 60 fwy and near schools, parks and shopping.

Last Agent to Sell the Property

Carlos Skubacz

RE/MAX 2000 License #01474295 Listed on: 08/03/2015

RE/MAX 2000

Co-Listed By

Judy Lee

EXP REALTY OF CALIFORNIA INC License #01857034

Last Buyer's Agent

Alex Teng

Dynasty Realty License #01026730

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 9,246 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 5 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 4,268 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 9471
  • Assessor Parcel Number 0216421630000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $660
  • Insurance Expense $972
  • Maintenance Expense $1,200
  • Other Expense $11
  • Trash Expense $600
  • Water Sewer Expense $3,850
  • New Taxes Expense $8,880
  • Gross Income $4,410
  • Net Operating Income $36,327

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

9,246 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 4.79
  • Property Attached: No
  • Water Sewer Expenses: 3850.00
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 0216421630000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 175.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9246.00
  • Price Per Lot Square Foot: 81.12
  • Lot Size Acres: 0.2120

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 4410.00
  • Gross Multiplier: 14.34
  • Gross Scheduled Income: 52920.00
  • Insurance Expense: 972.00
  • Lot Size Area: 9246.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 36327.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16593.00
  • Other Expense: 11.00
  • Other Expense Description: Fire Svc
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8880.00
  • Tax Lot: 10
  • Tax Tract Number: 9471

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Aug 18, 2015
Sold by
Siu Bernard K
Bought by
Tsao Rocky Shan Hsi and Tsao Lee Chou
Seller's Agent
Carlos Skubacz
RE/MAX 2000
Buyer's Agent
Alex Teng
Dynasty Realty
List Price
$759,000
Sold Price
$750,000
Premium/Discount to List
-$9,000
-1.19%
Current Estimated Value
$1,331,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,133
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Jan 25, 2008
Sold by
Siu Bernard K
Bought by
Siu Bernard K and Siu Susann J

Purchase Details

Closed on
Feb 22, 1996
Sold by
Siu Bernard K
Bought by
Siu Bernard K and Siu Susann J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
7.04%
Source: Public Records

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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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
Tsao Rocky Shan Hsi $750,000 Lawyers Title
Siu Bernard K -- None Available
Siu Bernard K -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siu Bernard K $146,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $750,000 -1.2% $176 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $759,000 -- $178 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,856 $887,849 $311,340 $576,509
2024 $9,635 $870,440 $305,235 $565,205
2023 $9,368 $853,373 $299,250 $554,123
2022 $9,246 $836,640 $293,382 $543,258
2021 $9,188 $820,235 $287,629 $532,606
2020 $9,028 $811,825 $284,680 $527,145
2019 $8,952 $795,907 $279,098 $516,809
2018 $8,830 $780,300 $273,625 $506,675
2017 $8,516 $765,000 $268,260 $496,740
2016 $4,124 $371,919 $70,008 $301,911
2015 $4,098 $366,332 $68,956 $297,376
2014 $3,975 $359,156 $67,605 $291,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15170044

California Regional Multiple Listing Service (CRMLS)

APN: 0216-421-63

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