NOT LISTED FOR SALE

Estimated Value: $1,118,540 - $1,450,000

4 Beds
4 Baths
1,812 Sq Ft
$706/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $1,150,000 $635 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,934/month

236 Days on Market

Highlights

  • Quartz Countertops
  • Bungalow
  • 1-Story Property
  • Double Pane Windows
  • Ceramic Tile Flooring

About This Home

As of March 2024

An amazing opportunity for a developer to build on this RD1.5 lot with 7500 sq/ft. The subject property has been vacant since 5/2021. This is also a great opportunity to own a remodeled vacant 3 units. These are 3 separate homes on a large lot. There is new paint on the interior and exterior of all 3 units. All new kitchens and most bathrooms are remodeled. Laminate flooring through out the home. Large lot with many parking areas. You could also buy and may be build 5 units on the lot. Check with the City regarding all rules and restrictions. The property is conveniently located near the shops and restaurants. The rents shown are projected. Hard to find a property in a great location. Set your own rents.

Last Agent to Sell the Property

Suminda Sellahewa

Avarnka Real Estate, Inc. License #01155576 Listed on: 06/21/2023

Last Buyer's Agent

Suminda Sellahewa

Avarnka Real Estate, Inc. License #01155576 Listed on: 06/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,160

Year Built

  • Built in 1917 | Remodeled

Lot Details

  • 7,499 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Bungalow

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Quartz Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water, electricity, gas
  • Assessor Parcel Number 5071-017-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,160

Year Built

Built in 1917 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: No
  • Living Area: 1812
  • Lot Acreage: 0.1722
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Year Built: 1917
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Kitchen Features: Quartz Counters
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 634.66
  • Windows: Double Pane Windows

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Paved: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 5
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 5.12
  • Assessed Improvement Value: 56100
  • Assessed Land Percent: 94.88
  • Assessed Land Value: 1040400
  • Total Assessed Value: 1096500
  • Assessor Parcel Number: 5071-017-025
  • Lot Size Area: 7499

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Water, Electricity, Gas
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Type Of Units: Apartments

Tax Info

  • Private Transfer Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Feb 12, 2024
Sold by
Hermes 100 Llc
Bought by
Chang Phillip
Seller's Agent
Suminda Sellahewa
Avarnka Real Estate, Inc.
Buyer's Agent
Suminda Sellahewa
Avarnka Real Estate, Inc.
List Price
$1,150,000
Sold Price
$1,150,000
Views
76
Current Estimated Value
$1,278,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,885
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,092,500
Outstanding Balance
$1,072,423
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$206,462

Purchase Details

Closed on
Jun 18, 2018
Sold by
Joseph Shirley Ann and Doris M Burris Living Trust
Bought by
Sllvenland Management Solutions Llc

Purchase Details

Closed on
Jun 6, 2014
Sold by
Burris Doris M
Bought by
Burris Doris M and Doris M Burris Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chang Phillip $1,150,000 Fidelity National Title
Sllvenland Management Solutions Llc $575,000 Lawyers Title
Burris Doris M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Phillip $1,092,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2024 03/11/24 Sold $1,150,000 0.0% $635 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $1,150,000 0.0% $635 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/04/2024 01/04/24 Price Changed $1,150,000 -8.0% $635 / Sq Ft
10/16/2023 10/16/23 Price Changed $1,250,000 0.0% $690 / Sq Ft
10/16/2023 10/16/23 For Sale $1,250,000 -7.4% $690 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $1,350,000 0.0% $745 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $1,350,000 +25.6% $745 / Sq Ft
05/03/2021 05/03/21 Sold $1,075,000 -6.5% $593 / Sq Ft View Prior Sale
04/08/2021 04/08/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,150,000 -- $635 / Sq Ft
Source: The MLS

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 $14,160 $1,173,000 $938,400 $234,600
2024 $14,160 $1,140,798 $1,082,432 $58,366
2023 $13,892 $1,118,430 $1,061,208 $57,222
2022 $13,256 $1,096,500 $1,040,400 $56,100
2021 $10,815 $881,134 $824,453 $56,681
2020 $10,924 $872,100 $816,000 $56,100
2019 $10,498 $855,000 $800,000 $55,000
2018 $4,239 $328,316 $194,017 $134,299
2016 $4,046 $315,569 $186,484 $129,085
2015 $3,990 $310,830 $183,683 $127,147
2014 $4,025 $304,742 $180,085 $124,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-283459

The MLS

APN: 5071-017-025