NOT LISTED FOR SALE

Estimated Value: $557,212 - $709,000

8 Beds
4 Baths
3,400 Sq Ft
$186/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $240,000 $71 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,637/month

20 Days on Market

Highlights

  • Mountain View
  • Laundry Room
  • Central Heating and Cooling System
  • End Unit

About This Home

As of January 2014

4 PLEX Fully occupied. All 2BR 1BA units. Well kept units. Each unit has Central A/C and heat. Dishwasher, disposal, and washer dryer hook ups. Laminate flooring/carpet. Single car attached garage w/auto opener and direct entry into the apartment. The garages separate each unit so tenants do disturb one another. Each unit has a private rear yard with covered patio. Most tenants are long term.

Last Agent to Sell the Property

DENNIS SHAW

BERKSHIRE HATHAWAY CA PROP License #01338487 Listed on: 12/06/2013

Last Buyer's Agent

Eric Phillips

Century 21 Allstars License #01911353

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 1980

Lot Details

  • 0.44 Acre Lot
  • End Unit
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,400 Sq Ft Home
  • Mountain Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 490
  • Tax Tract Number 4287
  • Assessor Parcel Number 0441093100000

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Valley

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,078
  • Trash Expense $1,906
  • Water Sewer Expense $1,043
  • New Taxes Expense $3,608
  • Gross Income $30,600
  • Net Operating Income $24,065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,763

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1043.00
  • Property Type: Residential Income
  • Parcel Number: 0441093100000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: End Unit
  • Appliances: Yes
  • Price Per Square Foot: 70.59

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Trash Expense: 1906.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Valley

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 19250.00
  • Lot Size Acres: 0.4420

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 30600.00
  • Gross Scheduled Income: 31406.00
  • Insurance Expense: 1078.00
  • Lot Size Area: 19250.0000 Square Feet
  • Net Operating Income: 24065.00
  • 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: 7341.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3608.00
  • Tax Lot: 490
  • Tax Tract Number: 4287
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Tapia Edith M
Bought by
Tapia Edith Maribel and Edith Maribel Tapia Trust
Current Estimated Value
$633,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Outstanding Balance
$224,102
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$409,451

Purchase Details

Listed on
Dec 6, 2013
Closed on
Dec 26, 2013
Sold by
Crandell Martin Harold and Crandell Deborah Elaine
Bought by
Tapia Edith M
Seller's Agent
DENNIS SHAW
BERKSHIRE HATHAWAY CA PROP
Buyer's Agent
Eric Phillips
Century 21 Allstars
List Price
$239,990
Sold Price
$240,000
Premium/Discount to List
$10
0.004%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$180,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2001
Sold by
Crandell Martin H and Crandell Deborah E
Bought by
Crandell Martin Harold and Crandell Deborah Elaine

Purchase Details

Closed on
Jan 4, 1995
Sold by
Emc Mtg Corp
Bought by
Crandell Martin H and Crandell Deborah E

Purchase Details

Closed on
Nov 23, 1993
Sold by
California Loan Partners Lp
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Nov 3, 1993
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America 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
Tapia Edith Maribel -- Ticor Ttl Orange Cnty Branch
Tapia Edith M $240,000 First American Title Company
Crandell Martin Harold -- --
Crandell Martin H $45,000 Fidelity National Title Ins
Emc Mtg Corp -- Fidelity National Title Ins
California Loan Partners Lp -- Fidelity National Title Ins
Home Svgs Of America Fsb $117,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Edith Maribel $251,000
Previous Owner Tapia Edith M $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2014 01/31/14 Sold $240,000 0.0% $71 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
12/06/2013 12/06/13 For Sale $239,990 -- $71 / 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 $3,763 $294,208 $30,647 $263,561
2024 $3,763 $288,439 $30,046 $258,393
2023 $3,725 $282,783 $29,457 $253,326
2022 $3,667 $277,238 $28,879 $248,359
2021 $3,585 $271,802 $28,313 $243,489
2020 $3,539 $269,015 $28,023 $240,992
2019 $3,473 $263,741 $27,474 $236,267
2018 $3,390 $258,569 $26,935 $231,634
2017 $3,341 $253,499 $26,407 $227,092
2016 $3,053 $248,528 $25,889 $222,639
2015 -- $104,823 $27,954 $76,869
2014 $1,436 $102,769 $27,406 $75,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13243214

California Regional Multiple Listing Service (CRMLS)

APN: 0441-093-10