NOT LISTED FOR SALE
9 Beds
8 Baths
4,534 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: October 8, 2021

Last sale price $2,097,950 $463 Per Sq Ft

9 Days on Market

Highlights

  • Corner Lot
  • 5 Car Garage
  • Laundry Facilities
  • No HOA

About This Home

As of October 2021

Well maintained 4-Plex on a prime oversized corner lot located in the highly sought after "Spice Streets" neighborhood of Mesa Verde. One 3 Bedroom 2 Bath unit and three 2 Bedroom 2 Bath units. Many improvements include a newer roof and exterior paint approximately 6 years ago. The largest Unit A has been recently upgraded including remodeled granite kitchen counters and appliances, recessed lights, remodeled bathrooms, paint and flooring. Unit D has a remodeled kitchen and remodeled bathrooms. A coin operated laundry is available for all the tenants. Take advantage of this rare opportunity NOW!

Last Agent to Sell the Property

Craig Ratowsky

Compass License #00608046 Listed on: 09/14/2021

Compass

Co-Listed By

Justin Ratowsky

Compass License #02026158

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 5 Car Garage
  • 1 Open Parking Space
  • Parking Available

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,534 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 18
  • Tax Tract Number 5475
  • Assessor Parcel Number 13949201

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $840
  • Insurance Expense $5,740
  • Trash Expense $2,040
  • Water Sewer Expense $1,560
  • New Taxes Expense $24,000
  • Operating Expense $34,180
  • Gross Income $90,600
  • Net Operating Income $56,420

Property Details

Home Type

Multi-Family

Year Built

Built in 1965 | Remodeled

Lot Details

8,276 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: "Spice Streets"
  • Water Sewer Expenses: 1560.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 13949201
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 462.72

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2040.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 90600.00
  • Gross Scheduled Income: 90600.00
  • Insurance Expense: 5740.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 56420.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 34180.00
  • Rent Control: No
  • Total Expenses: 34180.00

Tax Info

  • New Taxes Expense: 24000.00
  • Tax Census Tract: 638.06
  • Tax Lot: 18
  • Tax Tract Number: 5475

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Sep 28, 2021
Sold by
Bought by
Seller's Agent
Craig Ratowsky
Compass
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$2,000,000
Sold Price
$2,097,950
Premium/Discount to List
$97,950
4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$899,704
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 8, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 6, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 21, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mesa Verde, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,098,000 First American Title
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
-- Chicago Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Closed $1,000,000
Previous Owner $159,400
Previous Owner $160,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $2,097,950 +4.9% $463 / Sq Ft
09/14/2021 09/14/21 For Sale $2,000,000 -- $441 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $25,002 $2,270,888 $2,108,524 $162,364
2025 $25,002 $2,226,361 $2,067,180 $159,181
2024 $24,572 $2,182,707 $2,026,647 $156,060
2023 $23,961 $2,139,909 $1,986,909 $153,000
2022 $23,428 $2,097,950 $1,947,950 $150,000
2021 $2,718 $143,347 $41,254 $102,093
2020 $2,693 $141,878 $40,831 $101,047
2019 $2,661 $139,097 $40,031 $99,066
2018 $2,620 $136,370 $39,246 $97,124
2017 $2,582 $133,697 $38,477 $95,220
2016 $2,535 $131,076 $37,723 $93,353
2015 $2,502 $129,108 $37,157 $91,951
2014 $2,447 $126,579 $36,429 $90,150
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21200059

California Regional Multiple Listing Service (CRMLS)

APN: 139-492-01

Your Personal Tour Guide

Ask me questions while you tour the home.