NOT LISTED FOR SALE

Estimated Value: $597,000 - $871,168

9 Beds
5 Baths
2,992 Sq Ft
$243/Sq Ft Est. Value

Last Sold March 03, 2016

Last sale price $395,000 $132 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,384/month

15 Days on Market

About This Home

As of March 2016

**** Another Great Bargain*****2 single family homes and duplex, separate meters, 3 units have their own garage and one unit has car space, perfect for home owner occupant, rent from other units will help with payment. Close to Main Street, schools, stores, and 10 minutes away from the freeway. Also, GREAT VIEW of the MOUNTAINS! Will not last!!! Property is to be sold "AS IS" condition.

Last Agent to Sell the Property

GLADYS ESCALANTE

ARREOLAS REALTY License #01065736 Listed on: 11/08/2015

Last Buyer's Agent

Severo Arreola

ARREOLAS REALTY License #00831135

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,151

Year Built

  • Built in 1971

Lot Details

  • 0.43 Acre Lot
  • 1 Common Wall
  • No Landscaping
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • 2,992 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 0413083100000

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,925
  • Trash Expense $1,265
  • Water Sewer Expense $2,170
  • Gross Income $3,550
  • Net Operating Income $37,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,151

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: Cell
  • Other Phone Number: 323-896-9624
  • Property Attached: Yes
  • Water Sewer Expenses: 2170.00
  • Property Type: Residential Income
  • Parcel Number: 0413083100000
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 132.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1265.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft, No Landscaping, Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 18900.00
  • Price Per Lot Square Foot: 20.90
  • Lot Size Acres: 0.4340

Multi Family

  • Gross Income: 3550.00
  • Gross Scheduled Income: 42600.00
  • Insurance Expense: 1925.00
  • Lot Size Area: 18900.0000 Square Feet
  • Net Operating Income: 37240.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 5360.00
  • Rent Control: No
  • Total Actual Rent: 2400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2017
Sold by
Hise Charles
Bought by
Hise Charles and Ready Karen
Current Estimated Value
$725,792

Purchase Details

Listed on
Nov 8, 2015
Closed on
Mar 1, 2016
Sold by
Escalante Gerard
Bought by
Hise Charles and Ready Karen
Seller's Agent
GLADYS ESCALANTE
ARREOLAS REALTY
Buyer's Agent
Severo Arreola
ARREOLAS REALTY
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$395,000
Outstanding Balance
$315,975
Interest Rate
3.81%
Mortgage Type
VA
Estimated Equity
$441,439

Purchase Details

Closed on
Sep 17, 2010
Sold by
Federal National Mortgage Association
Bought by
Escalante Gerard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,276
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2010
Sold by
Pavone Paul
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 17, 2006
Sold by
Embrey Roger E E
Bought by
Pavone Paul and Pavone Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
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
Hise Charles -- None Available
Hise Charles $395,000 North American Title Company
Escalante Gerard $220,000 Lawyers Title Company
Escalante Gerard -- Lawyers Title Company
Federal National Mortgage Association $125,400 Landsafe Title
Pavone Paul $395,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hise Charles $395,000
Previous Owner Escalante Gerard $202,500
Previous Owner Escalante Gerard $202,276
Previous Owner Pavone Paul $369,500
Previous Owner Pavone Paul $355,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2016 03/03/16 Sold $395,000 0.0% $132 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
11/08/2015 11/08/15 For Sale $395,000 -- $132 / 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 $5,151 $467,599 $71,027 $396,572
2024 $5,151 $458,430 $69,634 $388,796
2023 $5,095 $449,442 $68,269 $381,173
2022 $4,979 $440,629 $66,930 $373,699
2021 $4,890 $431,990 $65,618 $366,372
2020 $6,074 $427,560 $64,945 $362,615
2019 $4,734 $419,177 $63,672 $355,505
2018 $4,645 $410,958 $62,424 $348,534
2017 $4,564 $402,900 $61,200 $341,700
2016 $2,588 $226,193 $61,689 $164,504
2015 $2,556 $222,795 $60,762 $162,033
2014 $2,521 $218,431 $59,572 $158,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB15242379

California Regional Multiple Listing Service (CRMLS)

APN: 0413-083-10