NOT LISTED FOR SALE

Estimated Value: $419,568 - $523,000

6 Beds
2 Baths
1,976 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $230,000 $116 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,635/month

19 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry Room
  • Level Lot

About This Home

As of March 2018

Great opportunity for investor! There are (2) duplexes for sale. They share a driveway and face each other. Must sell together 16578 Vine and 16588 Vine. This is a total of four units; all units have 3bedroom, 1bath, fireplace, laundry room, central air and heat and each unit has a 1 car garage.

Last Agent to Sell the Property

Donna Dance

ROYAL HOMES & LOANS License #01079262 Listed on: 01/19/2018

Last Buyer's Agent

Jorge Buckner-Rodas

HomeSmart, Evergreen Realty License #SA540155000

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Rural Setting
  • Level Lot
  • 0407-072-18

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 6
  • Assessor Parcel Number 0407072190000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $2,900
  • Operating Expense $5,100
  • Gross Income $20,400
  • Net Operating Income $15,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 600.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0407072190000
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 116.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0407-072-18
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 7500.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 20400.00
  • Gross Scheduled Income: 20400.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 15300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 5100.00
  • Rent Control: No
  • Total Actual Rent: 1700.00
  • Total Expenses: 5100.00

Tax Info

  • New Taxes Expense: 2900.00
  • Tax Lot: 6
  • Tax Tract Number: 79B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
Feb 21, 2018
Sold by
Orchard Timothy P
Bought by
Solano Ramiro P and Solano Patricia
Seller's Agent
Donna Dance
ROYAL HOMES & LOANS
Buyer's Agent
Jorge Buckner-Rodas
HomeSmart, Evergreen Realty
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Current Estimated Value
$450,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,392
Avg. Annual Appreciation
8.91%
Original Mortgage
$172,500
Outstanding Balance
$147,496
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$302,896

Purchase Details

Closed on
Feb 5, 2007
Sold by
Orchard Timothy P
Bought by
Orchard Timothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2003
Sold by
Orchard Timothy P
Bought by
Orchard Timothy P and The Timothy P Orchard 2003 Rev
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Solano Ramiro P $230,000 Ticor Title
Orchard Timothy P -- First American Title Company
Orchard Timothy P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solano Ramiro P $172,500
Previous Owner Orchard Timothy P $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $230,000 -2.1% $116 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $235,000 -- $119 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,922 $261,699 $22,756 $238,943
2024 $2,856 $256,568 $22,310 $234,258
2023 $2,826 $251,538 $21,873 $229,665
2022 $2,761 $246,606 $21,444 $225,162
2021 $2,711 $241,771 $21,024 $220,747
2020 $2,680 $239,292 $20,808 $218,484
2019 $2,625 $234,600 $20,400 $214,200
2018 $1,079 $91,215 $14,034 $77,181
2017 $1,061 $89,427 $13,759 $75,668
2016 $1,040 $87,673 $13,489 $74,184
2015 $1,027 $86,356 $13,286 $73,070
2014 $1,014 $84,665 $13,026 $71,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18014717

California Regional Multiple Listing Service (CRMLS)

APN: 0407-072-19