NOT LISTED FOR SALE
3 Beds
2 Baths
6,889 Sq Ft
8,269 Sq Ft Lot

Sale Details

Date Sold: June 21, 2013

Last sale price $700,000 $102 Per Sq Ft

7 Days on Market

Highlights

  • Fireplace in Bathroom
  • Zoned Heating and Cooling
  • Carpet
  • No HOA
  • South Facing Home

About This Home

As of June 2013

Corner lot, two story. 6 garages. Believed to be average condition. Was told that two of the garages have roof leaks. 10 x 10 building on top of garages is for water heater.

Last Agent to Sell the Property

K. Wayne Smith

Garden Park A Real Estate Co. License #00637587 Listed on: 05/16/2013

Last Buyer's Agent

K. Wayne Smith

Garden Park A Real Estate Co. License #00637587 Listed on: 05/16/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 8,269 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Fence is in average condition
  • Density is 31-35 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 6,889 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Additional Features

  • Exterior Lighting
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 19,2
  • Tax Tract Number 1010
  • Assessor Parcel Number 7269037031

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,500
  • Insurance Expense $1,000
  • Maintenance Expense $1,500
  • Professional Management Expense $3,600
  • Trash Expense $1,164
  • Water Sewer Expense $2,700
  • New Taxes Expense $8,000
  • Gross Income $6,500
  • Net Operating Income $67,172

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

8,269 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2700.00
  • Zoning: R
  • Property Type: Residential Income
  • Parcel Number: 7269037031
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Fireplace Features: Bath
  • Levels: Two
  • Price Per Square Foot: 101.61

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Zoned
  • Trash Expense: 1164.00
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 31-35 Units/Acre
  • Lot Size Sq Ft: 8269.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 1500.00
  • Gross Income: 6500.00
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8269.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 67172.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 10827.00
  • Rent Control: No
  • Total Actual Rent: 78000.00

Tax Info

  • New Taxes Expense: 8000.00
  • Taxes Percent: 1.00
  • Tax Lot: 19,2
  • Tax Tract Number: 01010
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2014
Sold by
Bought by

Purchase Details

Listed on
May 16, 2013
Closed on
Jun 5, 2013
Sold by
Bought by
Seller's Agent
K. Wayne Smith
Garden Park A Real Estate Co.
Buyer's Agent
K. Wayne Smith
Garden Park A Real Estate Co.
List Price
$820,000
Sold Price
$700,000
Premium/Discount to List
-$120,000
-14.63%

Purchase Details

Closed on
Mar 18, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0616%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0625%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$825,000 Stewart Title
-- None Available
-- Lawyers Title Company
-- Stewart Title Riverside
-- Stewart Title Riverside
$545,000 Stewart Title Riverside
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $150,000
Previous Owner $250,000
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/21/2013 06/21/13 Sold $700,000 -14.6% $102 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $820,000 -- $119 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,757 $861,991 $369,423 $492,568
2024 $12,197 $845,090 $362,180 $482,910
2023 $11,982 $828,521 $355,079 $473,442
2022 $11,281 $812,276 $348,117 $464,159
2021 $11,011 $796,350 $341,292 $455,058
2019 $10,854 $773,371 $331,170 $442,201
2018 $10,478 $758,220 $324,677 $433,543
2016 $9,619 $728,164 $312,070 $416,094
2015 $9,254 $717,227 $307,383 $409,844
2014 $9,227 $703,178 $301,362 $401,816
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13091061

California Regional Multiple Listing Service (CRMLS)
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