NOT LISTED FOR SALE

Estimated Value: $1,017,000 - $1,471,000

7 Beds
5 Baths
4,269 Sq Ft
$307/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $739,000 $173 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,541/month

85 Days on Market

About This Home

As of November 2016

*Large 2 & 3 Bedroom Town Homes
*Excellent Rental Location on a Residential Street
*Private Patios, Yards and Garages with Washer/Dryer
Hookups
*Central Air Conditioning & Heat
*Turn-Key Condition

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 08/17/2016

Last Buyer's Agent

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 08/17/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • 4,269 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 10086
  • Assessor Parcel Number 0216411260000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Gardener Expense $960
  • Insurance Expense $1,674
  • Maintenance Expense $2,651
  • Other Expense $500
  • Trash Expense $2,564
  • Water Sewer Expense $2,564
  • New Taxes Expense $8,119
  • Gross Income $4,525
  • Net Operating Income $33,639

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

10,019 Sq Ft Lot

Parking

5

Listing Details

  • CapRate: 4.50
  • Property Attached: Yes
  • Water Sewer Expenses: 2564.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 0216411260000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 173.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2564.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10019.00
  • Price Per Lot Square Foot: 74.86

Multi Family

  • Gross Income: 4525.00
  • Gross Multiplier: 13.81
  • Gross Scheduled Income: 54300.00
  • Insurance Expense: 1674.00
  • Maintenance Expense: 2651.00
  • Net Operating Income: 33639.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Operating Expense: 19032.00
  • Operating Expense Percent: 35.00
  • Other Expense: 500.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 8119.00
  • Tax Lot: 3
  • Tax Tract Number: 10086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Sep 14, 2016
Sold by
Grover Tallman Myrna Sue Pharris
Bought by
Xue Liyuan
Seller's Agent
Doug Rodermund
Morgan Skenderian
Buyer's Agent
Doug Rodermund
Morgan Skenderian
List Price
$779,000
Sold Price
$739,000
Premium/Discount to List
-$40,000
-5.13%
Current Estimated Value
$1,309,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,848
Avg. Annual Appreciation
6.36%
Original Mortgage
$369,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2003
Sold by
Grover Sue P
Bought by
Grover Tallman Myrna Sue Pharris and The Myrna Sue Pharris Grover T

Purchase Details

Closed on
Dec 8, 1993
Sold by
Tallman Richard
Bought by
Grover Sue P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Xue Liyuan $739,000 Ticor Title
Grover Tallman Myrna Sue Pharris -- --
Grover Sue P -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xue Liyuan $369,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Sold $739,000 -1.5% $173 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/17/2016 08/17/16 Price Changed $750,000 -3.7% $176 / Sq Ft
08/17/2016 08/17/16 For Sale $779,000 0.0% $182 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $779,000 -- $182 / 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 $9,525 $857,672 $300,591 $557,081
2024 $9,312 $840,855 $294,697 $546,158
2023 $9,054 $824,368 $288,919 $535,449
2022 $8,936 $808,204 $283,254 $524,950
2021 $8,880 $792,357 $277,700 $514,657
2020 $8,726 $784,233 $274,853 $509,380
2019 $8,652 $768,856 $269,464 $499,392
2018 $8,535 $753,780 $264,180 $489,600
2017 $8,231 $739,000 $259,000 $480,000
2016 $3,418 $306,145 $30,604 $275,541
2015 $3,396 $301,546 $30,144 $271,402
2014 $3,295 $295,640 $29,554 $266,086
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16127179

California Regional Multiple Listing Service (CRMLS)

APN: 0216-411-26

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