NOT LISTED FOR SALE

Estimated Value: $1,243,000 - $1,508,000

6 Beds
4 Baths
3,116 Sq Ft
$452/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,100,000 $353 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,534/month

7 Days on Market

Highlights

  • 6 Car Direct Access Garage
  • Park
  • Laundry Room

About This Home

As of April 2021

Welcome to opportunity on this very spacious duplex on a large street to alley lot. Front detached house boasts three bedrooms, two bathrooms, a large kitchen, living room and a step down family room. The front house has its own two car garage. The Seller may request a possible short term rent back. The rear unit sits above two, two car garages, one of which is rented out as storage space on a monthly agreement. The back unit consists of vaulted ceilings, three bedrooms, two bathrooms and laundry. Total living square feet is over 3,100 and lot size is approx. 9,000 square feet. Yard space, driveway, hardwood floors in front unit, updated windows. Great opportunity to create market rent for front house and bring back unit rents up according to statewide rent control rules. Don’t miss this chance to add to your real estate portfolio.

Last Agent to Sell the Property

Scott Briscoe

Estate Properties License #01753474 Listed on: 03/12/2021

Co-Listed By

John Briscoe

Estate Properties License #00692202

Last Buyer's Agent

John A Bristow

Thomas, Leam Realty License #274293

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,867

Year Built

  • Built in 1947

Lot Details

  • 8,922 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage

Home Design

  • Duplex

Interior Spaces

  • 3,116 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 2 / 50
  • Tax Tract Number 1589
  • Assessor Parcel Number 7410011002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $1
  • Gross Income $300
  • Net Operating Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,867

Year Built

Built in 1947

Lot Details

0

Parking

6

Listing Details

  • Other Phone Description: Co-List Agent
  • Other Phone Number: 3109183030
  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7410011002
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1714 256th Street
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 353.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage Faces Rear
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8922.00
  • Lot Size Acres: 0.2048

Rental Info

  • Garage Rental Rate: 300.00
  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 300.00
  • Gross Scheduled Income: 25800.00
  • Lot Size Area: 8922.0000 Square Feet
  • Net Operating Income: 25800.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Other Income Description: Storage in Rear Garage
  • Rent Control: Yes
  • Total Actual Rent: 2150.00

Tax Info

  • New Taxes Expense: 1.25
  • Tax Block: 50
  • Tax Census Tract: 2933.04
  • Tax Lot: 2
  • Tax Tract Number: 1589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 16, 2021
Sold by
Carvajal Jose
Bought by
Carvajal Jane Wanzhi
Seller's Agent
Scott Briscoe
Estate Properties
Buyer's Agent
John Briscoe
Estate Properties
List Price
$1,099,000
Sold Price
$1,100,000
Premium/Discount to List
$1,000
0.09%
Current Estimated Value
$1,320,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,897
Avg. Annual Appreciation
5.98%
Original Mortgage
$825,000
Outstanding Balance
$749,243
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$660,384

Purchase Details

Listed on
Mar 12, 2021
Closed on
Mar 19, 2021
Sold by
Marhefka Roberta and The Marhefka Living Trust
Bought by
Carvajal Jane Wanzhi and Carvajal Jose
Seller's Agent
Scott Briscoe
Estate Properties
Buyer's Agent
John Briscoe
Estate Properties
List Price
$1,099,000
Sold Price
$1,100,000
Premium/Discount to List
$1,000
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$749,243
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$660,384

Purchase Details

Closed on
Aug 11, 2005
Sold by
Marhefka Edward J and Marhefka Helene
Bought by
Marhefka Helene and Marhefka Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 3, 2000
Sold by
Davey Jeffrey A
Bought by
Marhefka Edward J and Marhefka Helene J

Purchase Details

Closed on
Nov 29, 1993
Sold by
Koens Henry
Bought by
Davey Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,100
Interest Rate
6.74%
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
Carvajal Jane Wanzhi -- Fidelity National Title Co
Carvajal Jose -- Fidelity National Title Co
Carvajal Jane Wanzhi $1,100,000 Fidelity National Title Co
Marhefka Helene -- --
Marhefka Edward J -- Southland Title
Davey Jeffrey A $173,500 Commonwealth Land Title
Koens Henry -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marhefka Living Trust $825,000
Closed Marhefka Roberta $825,000
Previous Owner Marhefka Helene $825,000
Previous Owner Marhefka Helene $544,185
Previous Owner Marhefka Edward J $50,000
Previous Owner Marhefka Edward J $230,000
Previous Owner Marhefka Edward J $50,000
Previous Owner Marhefka Edward J $175,000
Previous Owner Marhefka Edward J $160,000
Previous Owner Davey Jeffrey A $156,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,100,000 +0.1% $353 / Sq Ft
04/22/2021 04/22/21 For Sale $1,099,000 0.0% $353 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $1,099,000 -- $353 / 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 $14,867 $1,190,673 $703,580 $487,093
2024 $14,867 $1,167,328 $689,785 $477,543
2023 $14,582 $1,144,440 $676,260 $468,180
2022 $13,918 $1,122,000 $663,000 $459,000
2021 $5,717 $433,060 $212,979 $220,081
2020 $5,765 $428,621 $210,796 $217,825
2019 $5,553 $420,217 $206,663 $213,554
2018 $5,396 $411,978 $202,611 $209,367
2016 $5,129 $395,983 $194,745 $201,238
2015 $5,053 $390,036 $191,820 $198,216
2014 $5,073 $382,397 $188,063 $194,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21052275

California Regional Multiple Listing Service (CRMLS)

APN: 7410-011-002