NOT LISTED FOR SALE

1701 Estes Ave Corcoran, CA 93212

Corcoran Area

Estimated Value: $297,376 - $346,000

2 Beds
3 Baths
1,852 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: June 22, 2015

Last sale price $117,000 $63 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,921 / mo

56 Days on Market

Highlights

  • 13 Acre Lot
  • Carpet
  • 1-Story Property
  • Property is near park, public transit, schools, shops, and bus stop

About This Home

As of June 2015

Two rental houses on large parcel. 1701 Estes is three bedroom two bath + background with bath, 1350 ft.² 1621 Estes five bedroom two bath 1850 ft.² fantastic rentals never of vacancy,

Last Agent to Sell the Property

Jim Worthen

Jim B. Worthen License #00292768 Listed on: 04/13/2015

Last Buyer's Agent

Jim Worthen

Jim B. Worthen License #00292768 Listed on: 04/13/2015

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 13 Acre Lot
  • Property is in average condition

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 32

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $200
  • Trash Expense $300
  • Water Sewer Expense $300
  • New Taxes Expense $2,000
  • Operating Expense $8,000
  • Gross Income $20,400
  • Net Operating Income $14

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

13 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1954
  • Income Expenses Annual Income: 20400.0
  • Capitalization Rate: 14%
  • Income Expenses Cash Flow: 14000.0
  • Income Expenses Debit Service: Zero
  • Annual Expenses: 8000.0
  • Monthly Income: 1700.0
  • Income Expenses Trash Expense: 300.0
  • Income Expenses Water Expense: 300.0
  • Meters Sep Meter Gas: No
  • Miscellaneous Parking Spaces: 6.0
  • Building Stories: 1
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Vinyl, Carpet
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1954
  • Property Information Apx # Acres: 13.0
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Condo:Laundry in Unit: Yes
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 1639.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Property Information Apx Lot Size FxD: 16,239 ft.²
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • General Property Information Stories2: 1.0
  • Condition Average2: Yes
  • IncomeExpenses Taxes6: 2000.0
  • FlrWdw Coverings Vinyl2: Yes
  • HeatingCooling AC Window2: Yes
  • Income Expenses Actual: Yes
  • IncomeExpenses NOI2: $14,000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 13.0
  • Foundation Details: Mixed

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 6.0

Fee Information

  • Trash Expense: 300.0
  • Annual Water Sewer Expense: 300.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 32
  • Zoning: R-2
  • Lot Size Sq Ft: 1639.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Insurance Expense: 200.0
  • Annual Operating Expense: 8000.0
  • Total Actual Rent: 1700.0

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

Listed on
Apr 13, 2015
Closed on
Jun 17, 2015
Sold by
Raffealli Robert
Bought by
Seller's Agent
Jim Worthen
Jim B. Worthen
Buyer's Agent
Jim Worthen
Jim B. Worthen
List Price
$145,000
Sold Price
$117,000
Premium/Discount to List
-$28,000
-19.31%
Current Estimated Value
$322,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,844
Avg. Annual Appreciation
9.49%

Purchase Details

Closed on
Jan 21, 2015
Sold by
Dowling Richard and Selfridge Rebecca
Bought by
Raffealli Robert

Purchase Details

Closed on
Apr 6, 2004
Sold by
Lovering Greg
Bought by
Lovering Gloria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2004
Sold by
Vanzandt Gary P and Lovering Gloria C
Bought by
Dowling Richard and Selfridge Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2001
Sold by
Vanzandt Gary P and Lovering Gloria C
Bought by
Vanzandt Gary P and Lovering Gloria C
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
$117,000 First American Title Company
Raffealli Robert $79,228 None Available
Lovering Gloria C -- Chicago Title Company
Vanzandt Gary P -- Chicago Title Company
Dowling Richard $90,000 Chicago Title Company
Vanzandt Gary P -- --
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 $95,000
Previous Owner Dowling Richard $36,000
Previous Owner Vanzandt Gary P $15,000
Previous Owner Dowling Richard $15,000
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
06/22/2015 06/22/15 Sold $117,000 -19.3% $63 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $145,000 -- $78 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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
2026 $1,775 $170,392 $42,903 $127,489
2025 $1,734 $167,052 $42,062 $124,990
2023 $1,734 $160,568 $40,430 $120,138
2022 $1,678 $157,421 $39,638 $117,783
2021 $1,646 $154,335 $38,861 $115,474
2020 $1,624 $152,753 $38,463 $114,290
2019 $1,936 $149,758 $37,709 $112,049
2018 $1,913 $146,822 $36,970 $109,852
2017 $1,877 $143,943 $36,245 $107,698
2016 $1,526 $141,120 $35,534 $105,586
2015 $1,167 $106,472 $29,575 $76,897
2014 -- $104,387 $28,996 $75,391
Source: Public Records

Agents Affiliated with this Home

  • JW

    Seller's Agent in 2015

    Jim Worthen

    Jim B. Worthen

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-1161

Santa Barbara Multiple Listing Service

APN: 032-181-015-000

California Kings County Corcoran 93212

1701 Estes Ave, Corcoran, CA

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