NOT LISTED FOR SALE

Estimated Value: $1,394,000 - $1,770,316

7 Beds
4 Baths
4,269 Sq Ft
$358/Sq Ft Est. Value

Last Sold February 07, 2012

Last sale price $520,000 $122 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $8,860/month

202 Days on Market

Highlights

  • Mountain View
  • Cathedral Ceiling
  • Cul-De-Sac
  • Traditional Architecture
  • No HOA
  • Laundry Room

About This Home

As of February 2012

This building is located on a cul-de-sac, conveniently located to the 60 and 15 freeways. The building has been very well maintained and IS NOT located within a HOA. Each unit includes garages, full size washer and dryer hookups, central air and heat, stoves, dishwashers, patios or balconies and more! Building is fully occupied.

Last Agent to Sell the Property

DARLENE MEDLIN

EMPIRE MANAGEMENT GROUP License #00666139 Listed on: 06/15/2011

Last Buyer's Agent

Lili Bai

Care Realty License #01320853

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,124

Year Built

  • Built in 1979

Lot Details

  • 9,179 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped

Parking

  • 5 Car Garage
  • 1 Carport Space
  • Parking Available
  • Shared Driveway
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Turnkey
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,269 Sq Ft Home
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 13
  • Tax Tract Number 10086
  • Assessor Parcel Number 0216411160000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $750
  • Insurance Expense $4,500
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • Net Operating Income $38,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,124

Year Built

Built in 1979

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Other Phone Description: Office
  • Other Phone Number: 909-798-7472
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 0216411160000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 121.81
  • Room Type: All Bedrooms Up

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Mountain(s)
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Asphalt, Garage, Shared Driveway
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Trash Expense: 600.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Cul-De-Sac, Landscaped
  • Lot Size Sq Ft: 9179.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1000
  • Average3 Bed Area: 1200
  • Electric Expense: 750.00
  • Gross Scheduled Income: 51540.00
  • Insurance Expense: 4500.00
  • Lot Size Area: 9179.0000 Square Feet
  • Net Operating Income: 38540.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 13000.00
  • Rent Control: No
  • Total Actual Rent: 4295.00

Tax Info

  • Tax Area: 4053
  • Tax Lot: 13
  • Tax Tract Number: 10086
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2011
Closed on
Jan 4, 2012
Sold by
Shen James Y J
Bought by
First Belle Investment Llc
Seller's Agent
DARLENE MEDLIN
EMPIRE MANAGEMENT GROUP
Buyer's Agent
Lili Bai
Care Realty
List Price
$595,000
Sold Price
$520,000
Premium/Discount to List
-$75,000
-12.61%
Current Estimated Value
$1,528,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,008,829
Avg. Annual Appreciation
8.26%
Source: Public Records

Range of Values:

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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
First Belle Investment Llc $520,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2012 02/07/12 Sold $520,000 -12.6% $122 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
06/15/2011 06/15/11 For Sale $595,000 -- $139 / 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 $7,124 $653,147 $232,368 $420,779
2024 $7,124 $640,340 $227,812 $412,528
2023 $6,927 $627,784 $223,345 $404,439
2022 $6,838 $615,475 $218,966 $396,509
2021 $6,794 $603,407 $214,673 $388,734
2020 $6,677 $597,220 $212,472 $384,748
2019 $6,621 $585,510 $208,306 $377,204
2018 $6,532 $574,030 $204,222 $369,808
2017 $6,299 $562,775 $200,218 $362,557
2016 $6,054 $551,740 $196,292 $355,448
2015 $6,015 $543,453 $193,344 $350,109
2014 $5,832 $532,808 $189,557 $343,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I11079783

California Regional Multiple Listing Service (CRMLS)

APN: 0216-411-16