$430,000
SOLD DEC 5, 2014
4 Beds
3 Baths
2,355 Sq Ft
5,654 Sq Ft Lot

Recently Sold

$183 Per Sq Ft

4% Below List Price

115 Days on Market

About This Home

As of February 2017

BACK ON MARKET! BACK ON MARKET!! Buyer could not perform. Hurry This 3-Unit Property Will Not Last! It is In A NO RENT CONTROL Area! That's Right, NO RENT CONTROL! This property consists of 2 buildings. The front unit is a 2 bedroom and 1 bath house. The property in the rear has a upper unit which is a large 2 bedroom 1 bath apartment and the lower unit is a large single. There is a garage for each unit in the rear. In addition, there is plenty of parking available in the rear. This property is perfect for someone who wants to live in one unit and rent the others for income. Property NOT under Rent Control so there is plenty of room for Upside Potential.
DRIVE BY ONLY Subject To Interior Inspection & Cancellation of current escrow.

Last Agent to Sell the Property

Ken Morrison

Cambree Realty Advisors License #00888072 Listed on: 10/02/2014

Last Buyer's Agent

Augustine Chidebe

Spec Homes REALTORS License #01252888

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,589

Year Built

  • Built in 1948

Lot Details

  • 5,654 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage

Home Design

  • 2,355 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 6059009021

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,625
  • Gross Income $2,404
  • Net Operating Income $25,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,589

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Sunnyside Heights Tract
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 6059009021
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 182.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 5654.00
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 2404.00
  • Gross Scheduled Income: 28848.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 5654.0000 Square Feet
  • Net Operating Income: 25748.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3100.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5625.00
  • Tax Lot: 18
  • Tax Tract Number: 0000
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Dec 15, 2016
Sold by
Gardner Patricia Ann
Bought by
Lewis Eldon and Awosika Candy
Seller's Agent
Ike Obasi
First Vision Real Estate and Financial Services
Buyer's Agent
CHIKE NWEKE
List Price
$499,999
Sold Price
$504,500
Premium/Discount to List
$4,501
0.9%
Current Estimated Value
$808,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,314
Avg. Annual Appreciation
5.77%
Original Mortgage
$553,520
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 2, 2014
Closed on
Oct 23, 2014
Sold by
The Julius C & Marilyn D Williams Revoca
Bought by
Gardner Patricia Ann
Seller's Agent
Ken Morrison
Cambree Realty Advisors
Buyer's Agent
Augustine Chidebe
Spec Homes REALTORS
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$415,648
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2010
Sold by
Williams Marilyn D
Bought by
Williams Julius C and Williams Marilyn D

Purchase Details

Closed on
Jul 19, 2006
Sold by
Williams Valerie and Williams Marilyn D
Bought by
Williams Marilyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2003
Sold by
Williams Julius C
Bought by
Williams Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2003
Sold by
Williams Valerie
Bought by
Williams Valerie and Williams Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1999
Sold by
Williams Marilyn
Bought by
Williams Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.1%
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

Date Type Sale Price Title Company
Grant Deed -- Property Id Title Company
Grant Deed $430,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Commonwealth Land Title
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,000 New Conventional
Closed $575,141 FHA
Previous Owner $553,520 FHA
Previous Owner $415,648 FHA
Previous Owner $300,000 New Conventional
Previous Owner $151,000 Purchase Money Mortgage
Previous Owner $105,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 For Rent $2,750 0.0% --
02/02/2017 02/02/17 Sold $504,500 +0.9% $500 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $499,999 +16.3% $496 / Sq Ft
12/05/2014 12/05/14 Sold $430,000 -4.4% $183 / Sq Ft
10/11/2014 10/11/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $450,000 -- $191 / 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 $8,589 $585,508 $457,847 $127,661
2024 $8,589 $574,028 $448,870 $125,158
2023 $8,201 $562,773 $440,069 $122,704
2022 $7,846 $551,740 $431,441 $120,299
2021 $7,769 $540,923 $422,982 $117,941
2020 $7,824 $535,377 $418,645 $116,732
2019 $7,547 $524,881 $410,437 $114,444
2018 $7,400 $514,590 $402,390 $112,200
2016 $6,387 $436,557 $233,507 $203,050
2015 $6,293 $430,000 $230,000 $200,000
2014 $7,788 $546,463 $382,525 $163,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14129112

California Regional Multiple Listing Service (CRMLS)

APN: 6059-009-021