NOT LISTED FOR SALE

Estimated Value: $895,525

2 Beds
1 Bath
9,861 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $375,000 $38 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $5,586/month

2 Days on Market

Highlights

  • 72,745 Sq Ft lot
  • No HOA
  • Central Air

About This Home

As of June 2017

First come first served! Rare opportunity get it before someone else act quicker! There are 2 separated buildings on the land, one is a single family house was originally built with 1058 soft, and later in 1946 built a separate lounge with 8803 sqft according to the title. the land is approximately 72,745 sqft. The property was appraised at $800,000 in 2015 and Seller has recently consult with the city verbally for development to an apartment building or senior housing project, buyer and buyer's agent to do their own studies. Good income and steady tenants for the past 2 years, one building is partially used as a temporary church gathering place, the other building has a nice family living in there. It's time to let the gem shine again! City may allows 36 units or 12 single houses to be build but buyer and buyer's agent must do their own research.

Last Agent to Sell the Property

Yuan Tian

IRN Realty License #01989970 Listed on: 04/25/2017

Last Buyer's Agent

amer ali

PLAZA INVESTMENTS License #01040342

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,513

Year Built

  • Built in 1938

Lot Details

  • 1.67 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 9,861 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 1862
  • Assessor Parcel Number 0154192220000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,513

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 0154192220000
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 9861.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 38.03
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 72745.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 45.05
  • Tax Lot: 3
  • Tax Tract Number: 1862

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
R Cornerstone Investments Llc
Bought by
Sb45 Llc
Current Estimated Value
$895,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$272,058
Interest Rate
6.73%
Estimated Equity
$623,467

Purchase Details

Closed on
Aug 2, 2021
Sold by
Hanif Muhammad
Bought by
Hr Fit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2021
Sold by
Hanif Shama
Bought by
Hanif Muhammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2020
Sold by
Ali Amer and Rafiq Shazia
Bought by
Hanif Muhammad

Purchase Details

Listed on
Apr 25, 2017
Closed on
May 18, 2017
Sold by
Tian Yuan
Bought by
Hanif Mohammad and Ali Amer
Seller's Agent
Yuan Tian
IRN Realty
Buyer's Agent
amer ali
PLAZA INVESTMENTS
List Price
$458,000
Sold Price
$375,000
Premium/Discount to List
-$83,000
-18.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%

Purchase Details

Closed on
Aug 5, 2013
Sold by
Macedonia Missionary Baptist Church Of S
Bought by
Tian Yuan

Purchase Details

Closed on
Mar 13, 2006
Sold by
Macedonia Missionary Baptist Church Inc
Bought by
Macedonia Missionary Baptist Church Of S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2003
Sold by
University Park Christian & Missionary A
Bought by
Macedonia Missionary Baptist Church Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.03%
Mortgage Type
Commercial
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
Sb45 Llc $1,200,000 Monarch Title
Hr Fit Llc $715,000 Corinthian Title Company
Hanif Muhammad -- Corinthian Title Company
Hanif Muhammad -- Corinthian Title
Hanif Muhammad -- Accommodation
Hanif Mohammad $375,000 Lawyers Title
Tian Yuan $290,000 Pacific Coast Title
Macedonia Missionary Baptist Church Of S -- Ticor Title Co
Macedonia Missionary Baptist Church Inc $675,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sb45 Llc $275,000
Open Sb45 Llc $600,000
Previous Owner Hr Fit Llc $572,000
Previous Owner Macedonia Missionary Baptist Church Of S $800,000
Previous Owner Macedonia Missionary Baptist Church Inc $455,000
Closed Macedonia Missionary Baptist Church Inc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2017 06/06/17 Sold $375,000 -18.1% $38 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $458,000 -- $46 / 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 $10,513 $1,200,000 $360,000 $840,000
2024 $10,513 $832,320 $260,100 $572,220
2023 $10,252 $816,000 $255,000 $561,000
2022 $9,206 $715,000 $215,000 $500,000
2021 $7,552 $571,038 $212,013 $359,025
2020 $5,385 $397,953 $132,651 $265,302
2019 $5,223 $390,150 $130,050 $260,100
2018 $5,162 $500,979 $150,833 $350,146
2017 $6,503 $491,155 $147,875 $343,280
2016 $6,308 $481,524 $144,975 $336,549
2015 $6,276 $474,291 $142,797 $331,494
2014 $6,392 $782,890 $231,968 $550,922
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17089291

California Regional Multiple Listing Service (CRMLS)

APN: 0154-192-22