NOT LISTED FOR SALE

Estimated Value: $407,463 - $527,000

4 Beds
2 Baths
1,716 Sq Ft
$264/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $236,000 $138 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,657/month

27 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Back and Front Yard
  • Tile Flooring

About This Home

As of June 2019

Investors here's great income property in good conditon with both units rented out already. Features two large bedrooms each with 1 bath and a large family room, tile flooring, just freshly painted exterior. One unit has a good size side yard, two car garage with washer and dryer hookups. Great location close close to shopping and easy access to the 15 freeway. Drive by only please do not disturb the tenants.

Last Agent to Sell the Property

Dana McCausland

REALTY MASTERS & ASSOCIATES License #0782003 Listed on: 05/04/2019

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,878

Year Built

  • Built in 1981

Lot Details

  • 5,600 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,716 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0407182070000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $648
  • Trash Expense $77
  • Water Sewer Expense $115
  • New Taxes Expense $1,392
  • Operating Expense $2,325
  • Gross Income $18,000
  • Net Operating Income $2,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,878

Year Built

Built in 1981

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 115.00
  • Property Type: Residential Income
  • Parcel Number: 0407182070000
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 137.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 77.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5600.00
  • Lot Size Acres: 0.1286

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 648.00
  • Lot Size Area: 5600.0000 Square Feet
  • Net Operating Income: 2325.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2325.00
  • Rent Control: No
  • Total Expenses: 2325.00

Tax Info

  • New Taxes Expense: 1392.00
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
May 24, 2019
Sold by
Whightsil Gary L and Whightsil Irene C
Bought by
Flynn Colleen
Seller's Agent
Dana McCausland
REALTY MASTERS & ASSOCIATES
List Price
$239,900
Sold Price
$236,000
Premium/Discount to List
-$3,900
-1.63%
Current Estimated Value
$453,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,616
Avg. Annual Appreciation
11.65%
Original Mortgage
$131,000
Outstanding Balance
$115,420
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$354,488

Purchase Details

Closed on
Jul 16, 2013
Sold by
Whightsil Gary and Whightsil Irene
Bought by
Whightsil Gary L and Whightsil Irene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2002
Sold by
Woodward Leonard M and Woodward Patricia L
Bought by
Whightsil Gary L and Whightsil Irene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.86%
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
Flynn Colleen $236,000 Ticor Title Company
Whightsil Gary L -- Accommodation
Whightsil Gary -- Lawyers Title
Whightsil Gary L $92,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Colleen $131,000
Previous Owner Whightsil Gary $90,000
Previous Owner Whightsil Gary L $84,700
Previous Owner Whightsil Gary L $82,800
Previous Owner Woodward Leonard M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $236,000 -1.6% $138 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $239,900 -- $140 / 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 $2,878 $263,263 $27,888 $235,375
2024 $2,878 $258,101 $27,341 $230,760
2023 $2,847 $253,040 $26,805 $226,235
2022 $2,782 $248,078 $26,279 $221,799
2021 $2,732 $243,214 $25,764 $217,450
2020 $2,700 $240,720 $25,500 $215,220
2019 $1,414 $121,837 $19,865 $101,972
2018 $1,388 $119,448 $19,475 $99,973
2017 $1,364 $117,106 $19,093 $98,013
2016 $1,337 $114,810 $18,719 $96,091
2015 -- $113,086 $18,438 $94,648
2014 $1,303 $110,871 $18,077 $92,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19103321

California Regional Multiple Listing Service (CRMLS)

APN: 0407-182-07