NOT LISTED FOR SALE

Estimated Value: $691,000 - $830,000

3 Beds
2 Baths
1,628 Sq Ft
$464/Sq Ft Est. Value

Last Sold April 24, 2013

Last sale price $300,000 $184 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $4,355/month

260 Days on Market

Highlights

  • No HOA
  • Floor Furnace
  • 1-Story Property

About This Home

As of April 2013

Best deal on the market. Make offer Now! The $279,000 price is approxmately $30,000 to $40,000 below the estimated after repair value of this property. Calculate your numbers it's a great deal. It is being sold 'as is', no repairs, no seller concessions, seller will not help with buyers closing cost. This duplex property consist of a 2 bedroom 1 bath home and a separate 1 bedroom and one bath unit. All units are permitted and the property is zoned for 2 units. In addition, the smaller unit has a kitchenette area and living room. Separate meters for water, gas and electrical. Prefer all cash or conventional loan.

Last Agent to Sell the Property

Howard Perry

First Team Real Estate License #01322395 Listed on: 06/11/2012

First Team Real Estate

Last Buyer's Agent

Raul Vega

Bankers Investment Group Inc. License #01870029

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 5,808

Parking

  • 1 Car Garage

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 5,808 Sq Ft Lot
  • Floor Furnace

Listing and Financial Details

  • Legal Lot and Block 15 / 8
  • Tax Tract Number 6792
  • Assessor Parcel Number 7304006023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $200
  • Gardener Expense $25
  • Insurance Expense $1,200
  • Trash Expense $50
  • Water Sewer Expense $100
  • New Taxes Expense $1,845
  • Gross Income $1,600
  • Net Operating Income $20,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • CapRate: 7.20
  • Water Sewer Expenses: 100.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Gardener Expense: 25.00
  • Parcel Number: 7304006023
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Appliances: Yes
  • Fireplace Features: Gas Starter
  • Levels: One
  • Price Per Square Foot: 184.28

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Dishwasher
  • Heating Type: Floor Furnace
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5808.00
  • Lot Size Acres: 0.1330

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 1600.00
  • Gross Multiplier: 11.63
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 20100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3900.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1845.00
  • Tax Area: 5490
  • Tax Block: 8
  • Tax Lot: 15
  • Tax Tract Number: 6792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Pedro Diaz Juan and Ochoa Maria
Bought by
Diaz Family Revocable Trust and Diaz
Current Estimated Value
$755,401

Purchase Details

Closed on
Jan 20, 2020
Sold by
Diaz Maria Rosa Ochoa and Ochoa Maria Rosa
Bought by
Diaz Maria Rosa Ochoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2013
Sold by
Dandridge Hyacinth
Bought by
Ochoa Maria Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2000
Sold by
Hyacinth Bostic Peter F and Hyacinth Bostic Dandridge Bosti
Bought by
Bostic Peter F and Dandridge Bostic Hyacinth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
7.86%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 16, 1995
Sold by
Bostic Peter F and Dandridge Bostic Hyacinth
Bought by
Blackburn Darlene M Dandridge and Bostic Peter F

Purchase Details

Closed on
Nov 18, 1994
Sold by
Blackburn Darlene M Dandridge and Dandridge Bostic Hyacinth V
Bought by
Bostic Peter F and Dandridge Bostic Hyacinth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.74%
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
Diaz Family Revocable Trust -- None Listed On Document
Diaz Juan Pedro -- None Listed On Document
Diaz Maria Rosa Ochoa -- Provident Title Company
Ochoa Maria Rosa $290,000 Western Resources Title Co
Bostic Peter F -- United Title Company
Blackburn Darlene M Dandridge -- --
Bostic Peter F -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Maria Rosa Ochoa $273,500
Previous Owner Ochoa Maria Rosa $284,747
Previous Owner Bostic Peter F $106,250
Previous Owner Bostic Peter F $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2013 04/24/13 Sold $300,000 -4.7% $184 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
06/11/2012 06/11/12 For Sale $314,900 -- $193 / 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 $4,770 $357,102 $209,337 $147,765
2024 $4,770 $350,101 $205,233 $144,868
2023 $4,695 $343,237 $201,209 $142,028
2022 $4,424 $336,508 $197,264 $139,244
2021 $4,336 $329,911 $193,397 $136,514
2020 $4,323 $326,529 $191,414 $135,115
2019 $4,270 $320,127 $187,661 $132,466
2018 $4,073 $313,851 $183,982 $129,869
2016 $3,739 $301,666 $176,839 $124,827
2015 $3,590 $297,135 $174,183 $122,952
2014 $3,570 $291,315 $170,771 $120,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P825026

California Regional Multiple Listing Service (CRMLS)

APN: 7304-006-023