NOT LISTED FOR SALE

Estimated Value: $527,000 - $711,918

3 Beds
2 Baths
1,258 Sq Ft
$487/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $200,000 $159 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $3,490/month

About This Home

As of March 2015

This is a two unit property in need of many major repairs. The front unit has 2 bedrooms and 1 bathroom. The back unit has 1 bedroom and 1 bathroom. Both units may have additions and repairs that may not be in compliance with city ordinances and therefor may be in violation of the cities municipal code. A visual inspection of the premises has revealed conditions that may affect the health and safety of any occupants. This property needs a major overhaul to bring it up to living standards.

Last Agent to Sell the Property

Alvaro Santillan

Century 21 Allstars License #01428075 Listed on: 01/12/2015

Century 21 Allstars

Last Buyer's Agent

Mario Zavala

Century 21 Allstars License #01432869

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,075 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • 1,258 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 33
  • Tax Tract Number 2281
  • Assessor Parcel Number 5116015029

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $500
  • Water Sewer Expense $3,000
  • New Taxes Expense $1,877
  • Gross Income $2,400
  • Net Operating Income $23,040

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

4,075 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 5116015029
  • Year Built: 1923
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 158.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sewer: Sewer Paid
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 4075.00
  • Lot Size Acres: 0.0940

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 900.00
  • Lot Size Area: 4075.0000 Square Feet
  • Net Operating Income: 23040.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5760.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1877.00
  • Tax Lot: 33
  • Tax Tract Number: 2281
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2015
Closed on
Apr 3, 2015
Sold by
Luengas Cecilio and Bravo Juana
Bought by
Majestic United Inc
Seller's Agent
Alvaro Santillan
Century 21 Allstars
Buyer's Agent
Mario Zavala
Century 21 Allstars
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$612,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,980
Avg. Annual Appreciation
10.76%
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
Majestic United Inc $184,000 Lawyers Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2015 03/31/15 Sold $200,000 0.0% $159 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $200,000 -- $159 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,020 $319,683 $228,948 $90,735
2024 $4,020 $313,415 $224,459 $88,956
2023 $3,946 $307,270 $220,058 $87,212
2022 $3,766 $301,246 $215,744 $85,502
2021 $3,716 $295,340 $211,514 $83,826
2020 $3,750 $292,313 $209,346 $82,967
2019 $3,608 $286,583 $205,242 $81,341
2018 $3,541 $280,965 $201,218 $79,747
2016 $3,376 $270,056 $193,405 $76,651
2015 $1,861 $149,867 $60,882 $88,985
2014 $1,878 $146,932 $59,690 $87,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15009467

California Regional Multiple Listing Service (CRMLS)

APN: 5116-015-029

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