NOT LISTED FOR SALE

Estimated Value: $726,000 - $1,202,000

6 Beds
4 Baths
2,490 Sq Ft
$417/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $749,888 $301 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,698/month

56 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Central Heating and Cooling System
  • Circular Driveway
  • Landscaped
  • 3-minute walk to Telfair Park

About This Home

As of November 2018

LANDLORDS DREAM COME TRUE!!! Two completely separate homes on a beautiful drought tolerant landscaped 12240 SqFt. corner lot! Offered at $769,888 with great upside rental potential or multigenerational property. Both homes total 2490 SqFt. The first home was updated in 2013 and consists of three bedrooms, two baths (including a master suite), laundry hook ups in unit, mostly copper plumbing, updated electrical, central heating and air conditioning, newer roof, circular driveway with lots of parking, and private enclosed yard. This unit is currently occupied with a exceptional long term tenant. The newer second home was built in 2013 and features three bedrooms, two baths (including a master suite with walk-in closet), spacious laundry room, central heating and air conditioning, and a private enclosed yard with patio slab for barbecuing and entertaining. This unit is currently vacant and has no rent control. There are two separate gas meters and two separate electric meters. Landlord pays water. This property has been well maintained and cared for by its current owners.

Last Agent to Sell the Property

Susan Featherly

Better Homes and Gardens Real Estate Town Center License #01445745 Listed on: 08/17/2018

Better Homes and Gardens Real Estate Town Center

Co-Listed By

Peter Micalchuck

Better Homes and Gardens Real Estate Town Center License #01241899

Last Buyer's Agent

Eric Burgos

EB Properties Inc License #01184980

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,241

Year Built

  • Built in 1923

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Landscaped
  • Corner Lot

Home Design

  • 2,490 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Circular Driveway
  • Paved Parking
  • Off-Street Parking
  • RV Potential

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 8 / 12
  • Assessor Parcel Number 2604009024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $820
  • Water Sewer Expense $3,000
  • New Taxes Expense $9,624
  • Operating Expense $14,644
  • Gross Income $23,400
  • Net Operating Income $8,756

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,241

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Inclusions: 15764 Larkspur: Stove 15766 Larkspur: Stove & Dishwasher
  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2604009024
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 301.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Circular Driveway, Concrete, Off Street, RV Potential
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12239.00
  • Lot Size Acres: 0.2810

Multi Family

  • Gross Income: 23400.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 820.00
  • Lot Size Area: 12239.0000 Square Feet
  • Net Operating Income: 8756.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 14644.00
  • Rent Control: No
  • Total Actual Rent: 1950.00
  • Total Expenses: 14644.00

Tax Info

  • New Taxes Expense: 9624.00
  • Tax Block: 12
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2019
Sold by
Solorzano Soto Jose C and Mejia Cindy Sujey
Bought by
Solorzano Soto Jose C and Mejia Cindy Sujey
Current Estimated Value
$1,072,765

Purchase Details

Listed on
Aug 17, 2018
Closed on
Oct 22, 2018
Sold by
Harris Steven George and Harris Paula Ann
Bought by
Soto Jose C Solorzano and Mejia Cindy Sujey
Seller's Agent
Susan Featherly
Better Homes and Gardens Real Estate Town Center
Buyer's Agent
Eric Burgos
EB Properties Inc
List Price
$769,888
Sold Price
$749,888
Premium/Discount to List
-$20,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$736,304
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2014
Sold by
Harris Steven
Bought by
Harris Family Trust

Purchase Details

Closed on
May 7, 2013
Sold by
Mh Capital Ventures Inc
Bought by
Harris Steven and Harris Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2012
Closed on
Mar 21, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Mh Capital Ventures Inc
Seller's Agent
Phil Boroda
Coldwell Banker Realty
Buyer's Agent
Sudha Krishnan
List Price
$195,900
Sold Price
$175,000
Premium/Discount to List
-$20,900
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%
Original Mortgage
$308,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2011
Sold by
Segura Luis D
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 27, 2006
Sold by
Zavala Eddie
Bought by
Segura Luis D

Purchase Details

Closed on
Sep 1, 2006
Sold by
Segura Jill
Bought by
Segura Luis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
8.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2004
Sold by
Giangiulli Benedicta
Bought by
Zavala Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1997
Sold by
Gianguilli Benedicta
Bought by
Gianguilli Benedicta and Benedicta Gianguilli Revocable Trust
Source: Public Records

Range of Values:

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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
Solorzano Soto Jose C -- Accommodation
Soto Jose C Solorzano $750,000 Stewart Title
Harris Family Trust -- None Available
Harris Steven $500,000 Usa National Title Company
Mh Capital Ventures Inc $175,000 Calcounties Title Nation
Deutsche Bank National Trust Company $232,658 Accommodation
Segura Luis D -- Stewart Title Of Ca Inc
Segura Luis D -- Stewart Title Of Ca Inc
Zavala Eddie $325,000 Chicago Title Insurance Co
Gianguilli Benedicta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Jose C Solorzano $766,850
Closed Soto Jose C Solorzano $749,774
Closed Soto Jose C Solorzano $738,051
Closed Soto Jose C Solorzano $736,304
Previous Owner Harris Steven $348,750
Previous Owner Mh Capital Ventures Inc $308,000
Previous Owner Segura Luis D $480,000
Previous Owner Segura Luis D $60,000
Previous Owner Segura Luis D $540,000
Previous Owner Zavala Eddie $260,000
Closed Zavala Eddie $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $749,888 0.0% $301 / Sq Ft
09/27/2018 09/27/18 Price Changed $749,888 -2.6% $301 / Sq Ft
08/17/2018 08/17/18 For Sale $769,888 +339.9% $309 / Sq Ft
04/17/2012 04/17/12 Sold $175,000 -10.7% $136 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $195,900 -- $152 / 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 $10,241 $836,509 $669,309 $167,200
2024 $10,241 $820,108 $656,186 $163,922
2023 $10,046 $804,028 $643,320 $160,708
2022 $9,584 $788,263 $630,706 $157,557
2021 $9,469 $772,808 $618,340 $154,468
2020 $9,564 $764,885 $612,000 $152,885
2019 $9,190 $749,888 $600,000 $149,888
2018 $6,738 $541,126 $378,789 $162,337
2016 $6,442 $520,115 $364,081 $156,034
2015 $6,350 $512,304 $358,613 $153,691
2014 $6,379 $520,040 $351,589 $168,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18201328

California Regional Multiple Listing Service (CRMLS)

APN: 2604-009-024