NOT LISTED FOR SALE

Estimated Value: $719,000 - $865,000

3 Beds
2 Baths
1,357 Sq Ft
$588/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $310,000 $228 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $4,659/month

14 Days on Market

About This Home

As of May 2012

Standard sale no long wait for bank approval. Two separate houses on one lot each house has new designer interior and exterior paint. Front {1616} is 2 bedroom 1 bath with inside laundry hookups, updated kitchen with new granite countertop and new undermount stainless steel sink, updated lighting package with all new fixtures, newer windows, bathroom updated with tile and new vanity and toilet, beautiful refinished hardwood floors in both bedrooms and long driveway that leads to 1 car garage. The back {1618} is a 1 bedroom 1 bath with plush new carpet throughout, updated bathroom with tile and new vanity and toilet, lighting package with new fixtures, and it's own private parking for up to 4 cars or r.v. Nice backyard with fruit trees and plenty of room for use by both units. There is also a one car garage. Great opportunity for investors, extended families, or live in one and rent the other. Approximate market rent: front: $1400-$1500, back: $900-$1,000.

Last Agent to Sell the Property

Steven Guthrie

Platinum Finance Properties License #01440504 Listed on: 04/06/2012

Last Buyer's Agent

Ruben Verdugo

WGroup Realtors License #01215655

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,176

Year Built

  • Built in 1928

Lot Details

  • 5,201

Parking

  • 1 Car Garage
  • Gated Parking

Home Design

  • 1,357 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 5,201 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Tract Number 7894
  • Assessor Parcel Number 7114016033

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,176

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7114016033
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 228.45

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Gated
  • Total Parking Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5201.00
  • Lot Size Acres: 0.1190

Multi Family

  • Lot Size Area: 5201.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 4992
  • Tax Lot: 0.
  • Tax Tract Number: 7894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2012
Closed on
Apr 23, 2012
Sold by
Platinum Finance Properties Inc
Bought by
Zamorano Carlos and Zamorano Leticia
Seller's Agent
Steven Guthrie
Platinum Finance Properties
Buyer's Agent
Ruben Verdugo
WGroup Realtors
List Price
$315,900
Sold Price
$310,000
Premium/Discount to List
-$5,900
-1.87%
Current Estimated Value
$797,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,450
Avg. Annual Appreciation
7.32%
Original Mortgage
$304,385
Outstanding Balance
$208,648
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$588,802

Purchase Details

Closed on
Nov 7, 2011
Sold by
Aguilar Samuel
Bought by
Platinum Finance Properties Inc

Purchase Details

Closed on
Feb 3, 2006
Sold by
Aguilar Lorena
Bought by
Aguilar Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,150
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 19, 2006
Sold by
Olmos Ezequiel Munoz
Bought by
Aguilar Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,150
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 13, 1998
Sold by
Olmos Ezequiel M
Bought by
Olmos Ezequiel Munoz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.66%
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
Zamorano Carlos $310,000 Lawyers Title Company
Platinum Finance Properties Inc $206,910 Lawyers Title
Aguilar Samuel -- None Available
Aguilar Samuel $476,000 None Available
Olmos Ezequiel Munoz -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamorano Carlos $304,385
Previous Owner Aguilar Samuel $95,150
Previous Owner Aguilar Samuel $380,700
Previous Owner Olmos Ezequiel Munoz $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2012 05/30/12 Sold $310,000 -1.9% $228 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $315,900 -- $233 / 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 $5,176 $389,365 $219,803 $169,562
2024 $5,176 $381,732 $215,494 $166,238
2023 $5,088 $374,248 $211,269 $162,979
2022 $4,782 $366,911 $207,127 $159,784
2021 $4,682 $359,717 $203,066 $156,651
2020 $4,670 $356,029 $200,984 $155,045
2019 $4,616 $349,049 $197,044 $152,005
2018 $4,455 $342,206 $193,181 $149,025
2016 $4,100 $328,920 $185,681 $143,239
2015 $3,938 $323,980 $182,892 $141,088
2014 $3,918 $317,635 $179,310 $138,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P817839

California Regional Multiple Listing Service (CRMLS)

APN: 7114-016-033