NOT LISTED FOR SALE

Estimated Value: $416,611 - $559,000

6 Beds
2 Baths
1,976 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 16, 2018

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

Est. 116% increase in value since last sale

Current estimated payment $2,876/month

19 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of March 2018

Total of four units for sale! Great investment opportunity. The owner has two duplexes for sale, 16578 and 16588. They share a driveway and face each other. Each unit has 3 bedrooms; 1 bath; fireplace in living room; separate laundry room; central air and heat; 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
  • Private Yard
  • Front Yard
  • 0407072190000

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 5
  • Assessor Parcel Number 0407072180000

Community Details

Overview

  • 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 $2,937
  • Operating Expense $5,137
  • Gross Income $21,600
  • Net Operating Income $16,463

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 0407072180000
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • 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, Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0407072190000
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 7500.00

Rental Info

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

Multi Family

  • Gross Income: 21600.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 16463.00
  • 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: 1
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 1
  • Operating Expense: 5137.00
  • Rent Control: No
  • Total Actual Rent: 1800.00
  • Total Expenses: 5137.00

Tax Info

  • New Taxes Expense: 2937.00
  • Tax Lot: 5
  • 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
$495,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,903
Avg. Annual Appreciation
10.25%
Original Mortgage
$172,500
Outstanding Balance
$147,496
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$348,407

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
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2003
Sold by
Orchard Timothy P
Bought by
Orchard Timothy P and The Timothy P Orchard 2003 Rev

Purchase Details

Closed on
Sep 13, 1997
Sold by
Rutherford Benjamin F and Rutherford Lynda J
Bought by
Orchards Timothy Paul
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 -- North American Title Company
Orchard Timothy P -- --
Orchards Timothy Paul $6,000 --
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 $853 $70,165 $14,034 $56,131
2017 $839 $68,789 $13,759 $55,030
2016 $823 $67,440 $13,489 $53,951
2015 $813 $66,427 $13,286 $53,141
2014 $803 $65,126 $13,026 $52,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18014726

California Regional Multiple Listing Service (CRMLS)

APN: 0407-072-18