NOT LISTED FOR SALE

Estimated Value: $600,350 - $783,000

6 Beds
4 Baths
3,697 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $299,900 $81 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,061/month

12 Days on Market

About This Home

As of June 2016

Great four-plex opportunity for an investor or a first time home buyer, live in one and rent the other 3 units. The property is gated. This four unit property features One 2 bedroom and 2 bathroom unit with an attached garage, gated and separate from other units. Other three units are 2 bedrooms and 1bath units. Do not go onto property.

Last Agent to Sell the Property

Tony Hermosillo

M G R REAL ESTATE License #01756910 Listed on: 04/27/2016

M G R REAL ESTATE

Co-Listed By

Michael Rademaker

MGR REAL ESTATE, INC.

Last Buyer's Agent

Samantha Gallardo

All Nations Realty & Investments License #01973776

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 1 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 6 Carport Spaces

Home Design

  • 3,697 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 401
  • Tax Tract Number 4287
  • Assessor Parcel Number 0441096010000

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Valley

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Trash Expense $2,378
  • Water Sewer Expense $1,149
  • New Taxes Expense $3,749
  • Gross Income $2,600
  • Net Operating Income $20,306

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1149.00
  • Property Type: Residential Income
  • Parcel Number: 0441096010000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 81.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 16.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 2378.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Valley

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 43600.00
  • Price Per Lot Square Foot: 6.88

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Net Operating Income: 20306.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 10894.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3749.00
  • Tax Lot: 401
  • Tax Tract Number: 4287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
Lam Thai and Lam Hanh
Bought by
Lam Thai and Lam Hanh My
Current Estimated Value
$709,088

Purchase Details

Listed on
Apr 27, 2016
Closed on
May 13, 2016
Sold by
Prthomas Management Group Llc
Bought by
Lam Thai and Lam Hanh
Seller's Agent
Tony Hermosillo
M G R REAL ESTATE
Buyer's Agent
Samantha Gallardo
All Nations Realty & Investments
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$206,000
Outstanding Balance
$163,990
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$545,098

Purchase Details

Closed on
Mar 21, 2013
Sold by
Thomas Robert J
Bought by
Prthomas Management Group Llc

Purchase Details

Listed on
Jun 6, 2012
Closed on
Oct 29, 2012
Sold by
Skyline Vista Equities Llc
Bought by
Thomas Robert J and Thomas Patricia A
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Christopher Cervantez
eHomes
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Original Mortgage
$158,250
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2012
Sold by
Garcia Antonio J
Bought by
Skyline Vista Equities Llc

Purchase Details

Closed on
Apr 13, 2006
Sold by
Weston Victoria V
Bought by
Garcia Antonio and Garcia Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,500
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 22, 2005
Sold by
Weston Victoria V
Bought by
Weston Victoria V and Weston Andrew S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lam Thai -- Accommodation
Lam Thai $300,000 Orange Coast Title
Prthomas Management Group Llc -- None Available
Thomas Robert J $220,000 Title365
Skyline Vista Equities Llc $145,000 Advantage Title Co
Garcia Antonio $550,000 Fidelity Natl Title Ins Co
Weston Victoria V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Thai $206,000
Previous Owner Thomas Robert J $158,250
Previous Owner Garcia Antonio $312,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2016 06/09/16 Sold $299,900 0.0% $81 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $299,900 +39.5% $81 / Sq Ft
11/27/2012 11/27/12 Sold $215,000 -2.2% $58 / Sq Ft View Prior Sale
10/02/2012 10/02/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $219,900 -- $59 / 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 $4,551 $355,020 $41,432 $313,588
2024 $4,426 $348,059 $40,620 $307,439
2023 $4,382 $341,235 $39,824 $301,411
2022 $4,314 $334,544 $39,043 $295,501
2021 $4,217 $327,984 $38,277 $289,707
2020 $4,163 $324,621 $37,885 $286,736
2019 $4,086 $318,256 $37,142 $281,114
2018 $3,987 $312,016 $36,414 $275,602
2017 $3,931 $305,898 $35,700 $270,198
2016 $2,834 $228,749 $26,007 $202,742
2015 -- $225,313 $25,616 $199,697
2014 $2,753 $220,899 $25,114 $195,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16087996

California Regional Multiple Listing Service (CRMLS)

APN: 0441-096-01