NOT LISTED FOR SALE

Estimated Value: $926,000 - $1,199,000

4 Beds
3 Baths
1,600 Sq Ft
$644/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $780,000 $488 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,275/month

76 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No Heating
  • Grace Miller Elementary School Rated A
  • Sliding Doors
  • Back Yard

About This Home

As of January 2021

2 ON A LOT – This prime property is a rare opportunity that would satisfy even the most seasoned investor. Located in historic “Lordsburg” with 100-year-old pine trees and just blocks to dining, shopping and ULV. The moment you arrive you will feel the old-world charm! The front house features, a cozy front porch, original hardwood floors, rock fireplace, high ceilings, period oversized moldings and tons of character. Tastefully updated with stainless steel appliances and modern touches. A long driveway and two-car garage provide ample parking for the front house. The low maintenance, fully fenced backyard has fruit trees, lush native plants and ample room for entertaining. The back house is newer construction, designed and built with privacy in mind. A separate rear entrance, one car garage, alley access, fully fenced backyard, outdoor entertaining space with large deck and lush greenery makes this a highly desirable and unique rental. Back house was built in 2005 & is 400 sqft, Front house is 1,200 sqft. Buyer to complete their own due diligence in regards to all aspects of the property, including income, expenses and potential rents.

Last Agent to Sell the Property

The Mark and Al Team

CENTURY 21 MASTERS License #00914322 Listed on: 07/16/2020

CENTURY 21 MASTERS

Last Buyer's Agent

Karla Perez

NextHome CREA License #01973986

NextHome CREA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,795

Year Built

  • Built in 1910

Lot Details

  • 6,915 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 17 / 14
  • Assessor Parcel Number 8381026016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $900
  • Trash Expense $630
  • Water Sewer Expense $630
  • New Taxes Expense $9,960
  • Operating Expense $12,960
  • Gross Income $39,444
  • Net Operating Income $39,444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,795

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • CapRate: 4.75
  • Property Attached: No
  • Water Sewer Expenses: 630.00
  • Zoning: LVPR4.5D*
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 8381026016
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 487.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Unknown
  • Trash Expense: 630.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6915.00
  • Lot Size Acres: 0.1587

Multi Family

  • Gross Income: 39444.00
  • Gross Operating Income: 52404.00
  • Gross Scheduled Income: 51540.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6915.0000 Square Feet
  • Net Operating Income: 39444.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12960.00
  • Other Income1: 864.00
  • Rent Control: No
  • Total Expenses: 12960.00

Tax Info

  • New Taxes Expense: 9960.00
  • Tax Block: 14
  • Tax Census Tract: 4015.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Jan 15, 2021
Sold by
Moore Lisa A
Bought by
Miralles Conrad Kenneth and Miralles Carolyn Joy
Seller's Agent
The Mark and Al Team
CENTURY 21 MASTERS
Buyer's Agent
Karla Perez
NextHome CREA
List Price
$799,900
Sold Price
$780,000
Premium/Discount to List
-$19,900
-2.49%
Current Estimated Value
$1,029,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,750
Avg. Annual Appreciation
6.06%
Original Mortgage
$765,872
Outstanding Balance
$683,543
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$346,207

Purchase Details

Closed on
Jun 2, 2004
Sold by
Moore Gregory D
Bought by
Moore Lisa A

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
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2004
Sold by
Gilby Elizabeth and Gilby Decedents Trust
Bought by
Livingston David A

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
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2000
Sold by
Martinez Ruben and The James M Mckee Family Trust
Bought by
Gilby Elizabeth and The Gilby Decedents Trust

Purchase Details

Closed on
Jun 6, 1995
Sold by
Castro Amador and Rodriguez Rosemarie
Bought by
Mckee James M and The Mckee Family Trust
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
Miralles Conrad Kenneth $780,000 Wfg National Title Insurance C
Moore Lisa A -- Ort
Moore Lisa A $375,000 Ort
Livingston David A $322,000 Ort
Gilby Elizabeth $170,000 United Title
Mckee James M $139,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miralles Conrad Kenneth $765,872
Previous Owner Moore Lisa A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $780,000 -2.5% $488 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $799,900 0.0% $500 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/10/2020 08/10/20 Price Changed $799,900 -3.6% $500 / Sq Ft
07/16/2020 07/16/20 For Sale $829,900 -- $519 / 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 $9,795 $844,295 $378,850 $465,445
2024 $9,795 $827,741 $371,422 $456,319
2023 $9,575 $811,512 $364,140 $447,372
2022 $9,432 $795,600 $357,000 $438,600
2021 $5,835 $481,000 $327,000 $154,000
2020 $5,728 $481,000 $327,000 $154,000
2019 $5,802 $481,000 $327,000 $154,000
2018 $5,010 $421,200 $286,600 $134,600
2016 $5,009 $421,200 $286,600 $134,600
2015 $4,460 $373,000 $253,800 $119,200
2014 $4,282 $353,700 $240,700 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20137965

California Regional Multiple Listing Service (CRMLS)

APN: 8381-026-016