NOT LISTED FOR SALE

Estimated Value: $398,000 - $445,051

3 Beds
2 Baths
1,596 Sq Ft
$268/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $205,000 $128 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,505/month

58 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Granite Countertops
  • Double Pane Windows
  • Traditional Architecture
  • Private Yard
  • Built-In Features

About This Home

As of February 2016

Great opportunity! for an investor or first time buyer. Live in one unit and rent out the other. Both completely remodeled and updated. First unit is two bedrooms one bath with new interior and exterior paint. Spacious living room, opens up to dining room. Kitchen has been remodeled with new Cabinets, counter tops, and stainless steel appliances. Spacious bedrooms, Come equipped with ceiling fans to help keep energy costs low. Upgrades plush carpet through out the living spaces and bedrooms. Bathroom has also been updated. Back unit kitchen has been remodeled with dark cherry kitchen cabinets, granite counter tops and stainless steel appliances. Spacious living room and bedroom, Huge backyard, Units have separate gas and electrical meters, This home is a MUST see!

Last Agent to Sell the Property

Annette Fraley

SYNERGY ONE REAL ESTATE SVCS. License #01503736 Listed on: 11/09/2015

Last Buyer's Agent

Paula Whitsell

Leal Real Estate Group Inc License #01316187

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 1946

Lot Details

  • 9,500 Sq Ft Lot
  • No Common Walls
  • Fence is in excellent condition
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Traditional Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 1,596 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Microwave
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 2316
  • Assessor Parcel Number 0147232260000

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $80
  • Water Sewer Expense $120
  • New Taxes Expense $971
  • Gross Income $19,740
  • Net Operating Income $14,880

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,084

Year Built

Built in 1946

Lot Details

0

Listing Details

  • CapRate: 8.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Water Sewer Expenses: 120.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 0147232260000
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 128.45
  • Room Type: All Bedrooms Down
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Fencing: Excellent Condition
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre, Front Yard, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 9500.00
  • Price Per Lot Square Foot: 21.58
  • Lot Size Acres: 0.2180

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 19740.00
  • Gross Scheduled Income: 19740.00
  • Insurance Expense: 80.00
  • Lot Size Area: 9500.0000 Square Feet
  • Net Operating Income: 14880.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 971.00
  • Tax Lot: 20
  • Tax Tract Number: 2316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Jan 7, 2016
Sold by
Inland Property Solutions Inc
Bought by
Gray Ryan M and Sanabia Priscilla
Seller's Agent
Annette Fraley
SYNERGY ONE REAL ESTATE SVCS.
Buyer's Agent
Paula Whitsell
Leal Real Estate Group Inc
List Price
$219,999
Sold Price
$205,000
Premium/Discount to List
-$14,999
-6.82%
Current Estimated Value
$427,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,263
Avg. Annual Appreciation
7.87%
Original Mortgage
$197,849
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2015
Sold by
Duran Jesus
Bought by
Inland Property Solutions Inc

Purchase Details

Closed on
May 28, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Duran Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,633
Interest Rate
5.59%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2008
Sold by
Yanez Erika A
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Morgan

Purchase Details

Closed on
Jan 26, 2004
Sold by
Brown Tomeka
Bought by
Emc Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2003
Sold by
Franklin Credit Management Corp
Bought by
Yanez Erika A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2003
Sold by
Investors One Corp
Bought by
Franklin Credit Management Corp

Purchase Details

Closed on
Aug 15, 2000
Sold by
Lizardi Juan
Bought by
Brown Tomeka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,315
Interest Rate
6.97%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2000
Sold by
Hud
Bought by
Lizardi Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.15%

Purchase Details

Closed on
Apr 26, 1999
Sold by
Bacilio Griselda
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Jan 21, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Oct 29, 1997
Sold by
Vilches Cesar R
Bought by
Bacilio Griselda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,170
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 1997
Sold by
Federal National Mortgage Association
Bought by
Vilches Cesar R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,800
Interest Rate
7.83%

Purchase Details

Closed on
Feb 27, 1997
Sold by
Valdez Jose G and Valdez Norma M
Bought by
Federal National Mortgage Association
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
Gray Ryan M $201,500 Wfg National Title
Inland Property Solutions Inc $66,000 Wfg National Title Company
Duran Jesus $70,000 Landsafe Title
Deutsche Bank National Trust Co $118,400 Landsafe
Emc Mortgage Corp $74,073 Equity Title Company Santa A
Yanez Erika A $140,000 Equity Title Company Santa A
Franklin Credit Management Corp -- Equity Title Company Santa A
Investors One Corp -- Equity Title Company Santa A
Brown Tomeka $109,000 American Title
Lizardi Juan $53,500 Fidelity National Title Co
Countrywide Home Loans Inc $111,648 Landsafe Title
Hud -- Landsafe Title
Bacilio Griselda $105,000 First American Title Ins Co
Vilches Cesar R $47,000 First American Title
Federal National Mortgage Association $82,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Ryan M $197,849
Previous Owner Duran Jesus $68,633
Previous Owner Yanez Erika A $112,000
Previous Owner Brown Tomeka $107,315
Previous Owner Lizardi Juan $66,000
Previous Owner Bacilio Griselda $103,170
Previous Owner Vilches Cesar R $42,800
Closed Yanez Erika A $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2016 02/12/16 Sold $205,000 -6.8% $128 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $219,999 -- $138 / 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 $3,084 $238,534 $71,027 $167,507
2024 $3,084 $233,857 $69,634 $164,223
2023 $3,007 $229,272 $68,269 $161,003
2022 $3,011 $224,776 $66,930 $157,846
2021 $3,015 $220,369 $65,618 $154,751
2020 $3,022 $218,109 $64,945 $153,164
2019 $2,934 $213,833 $63,672 $150,161
2018 $2,901 $209,641 $62,424 $147,217
2017 $2,812 $205,530 $61,200 $144,330
2016 $2,099 $152,288 $30,458 $121,830
2015 $999 $75,181 $16,110 $59,071
2014 -- $73,708 $15,794 $57,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15243041

California Regional Multiple Listing Service (CRMLS)

APN: 0147-232-26