NOT LISTED FOR SALE

Estimated Value: $867,000 - $1,183,000

4 Beds
2 Baths
1,588 Sq Ft
$657/Sq Ft Est. Value

Last Sold July 03, 2013

Last sale price $495,000 $312 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $6,414/month

132 Days on Market

About This Home

As of July 2013

This listing is for 2 units (156A & 156B W. Saxon Ave.). 156A W. Saxon is a 2 Bedroom-1 Bathroom Unit with a good sized private yard in the front and a 1-car garage. The other unit at 156B W. Saxon is also a 2 Bedroom-1 Bathroom unit with a large gated back yard and a 1-car garage. The garages separate each unit from each other.

In addition to both of these units for sale, the adjacent property on the east side of this property (148 & 150 W. Saxon) is also for sale. That property feature 2 houses (148=2Bedroom-1 Bathroom & 150=3 Bedroom-1 Bathroom). See MLS# AR12153655.

Both parcels can be sold to the same buyer together, or separately to different buyers. Please do not disturb the tenants. This is a probate sale but it is NOT subject to court confirmation.

Last Agent to Sell the Property

Gitta Earll

Century 21 Masters License #00570234 Listed on: 12/19/2012

Century 21 Masters

Co-Listed By

Ryan Earll

Century 21 Masters License #01517590

Last Buyer's Agent

Raymond Tang

AMG REAL ESTATE License #01781877

AMG REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,295

Year Built

  • Built in 1955

Lot Details

  • 8,749 Sq Ft Lot
  • Lot Dimensions are 60x146
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,588 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 3004
  • Assessor Parcel Number 5360045039

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,900
  • Net Operating Income $14,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,295

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5360045039
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 311.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size: 60x146
  • Lot Size Sq Ft: 8749.00
  • Lot Size Acres: 0.2010

Multi Family

  • Average2 Bed Area: 800
  • Gross Income: 1900.00
  • Gross Scheduled Income: 22800.00
  • Lot Size Area: 8749.0000 Square Feet
  • Net Operating Income: 14300.00
  • 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: 8500.00
  • Rent Control: No

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 3004
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2015
Sold by
Yao Minyi
Bought by
Yao Minyi and Minyi Yao Family Trust
Current Estimated Value
$1,043,029

Purchase Details

Closed on
Oct 20, 2014
Sold by
Kong Wilson W
Bought by
Yao Minyi

Purchase Details

Listed on
Dec 19, 2012
Closed on
May 14, 2013
Sold by
Mccormick Dwight
Bought by
Kong Wilson W and Yao Minyi
Seller's Agent
Gitta Earll
Century 21 Masters
Buyer's Agent
Raymond Tang
AMG REAL ESTATE
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$297,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Yao Minyi -- None Available
Yao Minyi -- None Available
Kong Wilson W $495,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minyi Yao Family Trust $258,000
Previous Owner Kong Wilson W $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2013 07/03/13 Sold $495,000 -5.7% $312 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
12/19/2012 12/19/12 For Sale $525,000 -- $331 / 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 $9,295 $658,322 $425,369 $232,953
2024 $9,295 $645,415 $417,029 $228,386
2023 $8,971 $632,760 $408,852 $223,908
2022 $8,576 $620,354 $400,836 $219,518
2021 $8,530 $608,191 $392,977 $215,214
2019 $8,219 $590,154 $381,322 $208,832
2018 $8,119 $578,584 $373,846 $204,738
2016 $6,925 $512,589 $359,330 $153,259
2015 $6,815 $504,890 $353,933 $150,957
2014 $6,728 $495,000 $347,000 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR12153658

California Regional Multiple Listing Service (CRMLS)

APN: 5360-045-039