NOT LISTED FOR SALE

Estimated Value: $596,000 - $891,000

8 Beds
9 Baths
4,553 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 07, 2012

Last sale price $290,000 $64 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $4,590/month

66 Days on Market

Highlights

  • 0.36 Acre Lot
  • Central Heating and Cooling System
  • Carpet
  • Laundry Room
  • 8 Car Garage

About This Home

As of June 2012

Quadruplex townhouse style in great condition. 3 units, 2 bedrooms and 2 bathrooms, 1 unit 2 bedrooms and 3 bathrooms and den. . All with carpeted, fireplace, Central A/C and Heating system, washer and dryer hook ups and rented. Close to Lincoln Elementary school, Endeavour Middle School. Priced to sell. Short sale.

Last Agent to Sell the Property

ROSA REYES

High Ten Partners, Inc. License #01440636 Listed on: 03/05/2012

High Ten Partners, Inc.

Last Buyer's Agent

Ernest Henry

Century 21 Adams & Barnes License #00315710

Century 21 Adams & Barnes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.36

Parking

  • 8 Car Garage
  • Parking Available

Interior Spaces

  • 4,553 Sq Ft Home
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Rain Gutters
  • 0.36 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 44186
  • Assessor Parcel Number 3148035004

Community Details

Overview

  • 4 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $87
  • Insurance Expense $2,400
  • Trash Expense $500
  • New Taxes Expense $5,419
  • Gross Income $3,300
  • Net Operating Income $27,576

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.36 Acres

Parking

8

Listing Details

  • Assessments: Yes
  • Property Type: Residential Income
  • Parcel Number: 3148035004
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 63.69
  • Room Type: All Bedrooms Up

Exterior Features

  • Exterior Features: Rain Gutters

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Common Area, Washer Hookup
  • Trash Expense: 500.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 15874.00
  • Lot Size Acres: 0.3640

Multi Family

  • Electric Expense: 87.00
  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 15874.0000 Square Feet
  • Net Operating Income: 27576.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Operating Expense: 8709.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5419.00
  • Tax Lot: 4
  • Tax Tract Number: 44186
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2012
Closed on
May 15, 2012
Sold by
Espinoza Rogelio
Bought by
Carreon John G
Seller's Agent
ROSA REYES
High Ten Partners, Inc.
Buyer's Agent
Ernest Henry
Century 21 Adams & Barnes
List Price
$279,000
Sold Price
$290,000
Premium/Discount to List
$11,000
3.94%
Current Estimated Value
$782,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,000
Avg. Annual Appreciation
7.50%
Original Mortgage
$280,321
Outstanding Balance
$193,947
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$588,053

Purchase Details

Closed on
May 27, 2005
Sold by
Shafer Gary S
Bought by
Espinoza Rogelio and Espinoza Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 11, 1998
Sold by
Shafer Gary S
Bought by
Shafer Gary S and The Gary S Shafer 1995 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
7%

Purchase Details

Closed on
Feb 5, 1998
Sold by
Case Mari Elana
Bought by
Shafer Gary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
7%

Purchase Details

Closed on
Jan 16, 1998
Sold by
Federal National Mortgage Association
Bought by
Shafer Gary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
7%

Purchase Details

Closed on
Aug 26, 1997
Sold by
Manning Leslie R
Bought by
Nationsbanc Mtg Corp

Purchase Details

Closed on
Aug 5, 1997
Sold by
Nationsbanc Mtg Corp
Bought by
Federal National Mortgage Association
Source: Public Records

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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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
Carreon John G $290,000 None Available
Espinoza Rogelio $650,000 Chicago Title Co
Shafer Gary S -- --
Shafer Gary S -- First American Title
Shafer Gary S $147,000 First American Title
Nationsbanc Mtg Corp $160,000 Chicago Title Ins & Trust
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carreon John G $280,321
Previous Owner Espinoza Rogelio $500,000
Previous Owner Shafer Gary S $102,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2012 06/07/12 Sold $290,000 +3.9% $64 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $279,000 -- $61 / 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 $6,736 $364,244 $54,633 $309,611
2024 $6,736 $357,103 $53,562 $303,541
2023 $6,617 $350,102 $52,512 $297,590
2022 $6,501 $343,238 $51,483 $291,755
2021 $6,375 $336,509 $50,474 $286,035
2019 $6,210 $326,530 $48,978 $277,552
2018 $6,107 $320,128 $48,018 $272,110
2016 $5,791 $307,699 $46,154 $261,545
2015 $5,724 $303,078 $45,461 $257,617
2014 $5,642 $297,142 $44,571 $252,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12030282

California Regional Multiple Listing Service (CRMLS)

APN: 3148-035-004

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