NOT LISTED FOR SALE

Estimated Value: $672,495 - $892,000

8 Beds
4 Baths
3,596 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $415,000 $115 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,766/month

1 Day on Market

About This Home

As of July 2018

CALLING ALL INVESTORS!!! GREAT INCOME PROPERTY!!! 4 Plex with great long term tenants...All Units are appox. 900 sq ft with two bedrooms and one full size bathroom. ALL have fenced in small yard with patio. LARGE LOT LOCATED IN CUL-DE-SAC!! DON'T LET THIS GREAT INVESTMENT PASS YOU BY!!!

Last Agent to Sell the Property

Debra Canizales

Coldwell Banker Home Source License #01890599 Listed on: 06/26/2018

Coldwell Banker Home Source

Last Buyer's Agent

Phillip Nguyen

First Galaxy Inc License #01375417

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,420

Year Built

  • Built in 1979

Lot Details

  • 1 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,596 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 383
  • Tax Tract Number 4287
  • Assessor Parcel Number 0441103070000

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $996
  • Trash Expense $88
  • Water Sewer Expense $88
  • New Taxes Expense $5,250
  • Operating Expense $6,421
  • Gross Income $33,948
  • Net Operating Income $39,204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,420

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 87.50
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0441103070000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 115.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Laundry: No
  • Sewer: Sewer Paid
  • Trash Expense: 87.50
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 43600.00

Multi Family

  • Gross Income: 33948.00
  • Gross Scheduled Income: 39204.00
  • Insurance Expense: 996.00
  • Net Operating Income: 39204.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 6421.00

Tax Info

  • New Taxes Expense: 5250.00
  • Tax Census Tract: 97.16
  • Tax Lot: 383
  • Tax Tract Number: 4287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2021
Sold by
Hung Stanley
Bought by
Hung Stanley and Stanley Hung Trust
Current Estimated Value
$790,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$374,525
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$416,349

Purchase Details

Closed on
Aug 18, 2021
Sold by
Lam Thai and Lam Hanh
Bought by
Hung Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$374,525
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$416,349

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jul 5, 2018
Sold by
Sullivan Andrew
Bought by
Lam Thai and Lam Hanh
Seller's Agent
Debra Canizales
Coldwell Banker Home Source
Buyer's Agent
Phillip Nguyen
First Galaxy Inc
List Price
$420,000
Sold Price
$415,000
Premium/Discount to List
-$5,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$310,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2017
Sold by
Sullivan Nicole
Bought by
Sullivan Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2017
Sold by
Corredor Cristhian E Martinez and Rodriguez Natasha
Bought by
Sullivan Andrew

Purchase Details

Closed on
Apr 18, 2016
Sold by
Corredor Cristhian E Martinez
Bought by
Corredor Cristhian E Martinez and Rodrigurz Natasha

Purchase Details

Closed on
Dec 18, 2013
Sold by
Morales Carla
Bought by
Corredor Cristhian E Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Interest Rate
4.45%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2009
Sold by
The Bank Of New York Mellon
Bought by
Morales Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,401
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2009
Sold by
Torres Juan
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Aug 17, 2005
Sold by
Dela Rosa Dora
Bought by
Torres Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,920
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 20, 2005
Sold by
Perez Lorena
Bought by
Torres Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,920
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 28, 2004
Sold by
Gonzales Moises
Bought by
Perez Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2002
Sold by
Thomas Robert J
Bought by
Gonzales Moises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2000
Sold by
Hud
Bought by
Thomas Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1999
Sold by
Bank United
Bought by
Hud

Purchase Details

Closed on
Dec 11, 1998
Sold by
Avendano Daniel H and Avendano Maria P
Bought by
Bank United

Purchase Details

Closed on
Jun 20, 1997
Sold by
Salmeron Maricela D
Bought by
Avendano Daniel H and Avendano Maria P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,598
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 1997
Sold by
Salmeron Nicole
Bought by
Salmeron Maricela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,598
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 1997
Sold by
Salmeron Marco Antonio
Bought by
Salmeron Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,598
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 1997
Sold by
Agency Publication & Information Clearin
Bought by
Salmeron Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,961
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 1996
Sold by
Great Western Bank Fsb
Bought by
Agency Publication & Information Clearin

Purchase Details

Closed on
Apr 1, 1996
Sold by
Pico Dennis and Pico Ofelia
Bought by
Great Western Bank Fsb
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
Hung Stanley -- Lawyers Title
Hung Stanley $590,000 Lawyers Title
Lam Thai $415,000 Chicago Title Company
Sullivan Andrew -- Stewart Title Of Ca Inc
Sullivan Andrew $320,000 Stewart Title Of Ca Inc
Corredor Cristhian E Martinez -- None Available
Corredor Cristhian E Martinez $215,000 Lawyers Title
Morales Carla $138,000 Landsafe
The Bank Of New York Mellon $82,195 Landsafe Title
Torres Juan -- Gateway Title
Torres Juan $500,000 Gateway Title
Perez Lorena -- Southland Title
Gonzales Moises $150,000 Stewart Title Company
Thomas Robert J $63,000 Chicago Title Co
Hud -- Fidelity National Title Ins
Bank United $119,965 Fidelity National Title Ins
Avendano Daniel H $108,000 First American Title Ins Co
Salmeron Maricela D -- First American Title Ins Co
Salmeron Maricela -- First American Title Ins Co
Salmeron Nicole $75,000 Fidelity National Title Ins
Agency Publication & Information Clearin $56,000 Chicago Title Company
Great Western Bank Fsb $47,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hung Stanley $412,500
Previous Owner Lam Thai $310,000
Previous Owner Sullivan Andrew $195,000
Previous Owner Corredor Cristhian E Martinez $211,105
Previous Owner Morales Carla $135,401
Previous Owner Torres Juan $399,920
Previous Owner Perez Lorena $328,000
Previous Owner Gonzales Moises $120,000
Previous Owner Thomas Robert J $82,500
Previous Owner Avendano Daniel H $107,598
Previous Owner Salmeron Nicole $74,961
Closed Perez Lorena $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $415,000 -1.2% $115 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $420,000 -- $117 / 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 $7,420 $626,113 $127,345 $498,768
2024 $7,420 $613,836 $124,848 $488,988
2023 $7,350 $601,800 $122,400 $479,400
2022 $6,194 $590,000 $120,000 $470,000
2021 $5,322 $427,686 $41,223 $386,463
2020 $5,256 $423,300 $40,800 $382,500
2019 $5,158 $415,000 $40,000 $375,000
2018 $4,079 $320,000 $40,000 $280,000
2017 $4,599 $227,093 $26,407 $200,686
2016 $6,139 $222,640 $25,889 $196,751
2015 -- $148,216 $16,110 $132,106
2014 $2,334 $145,312 $15,794 $129,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18152104

California Regional Multiple Listing Service (CRMLS)

APN: 0441-103-07