NOT LISTED FOR SALE

Estimated Value: $1,857,000 - $2,072,000

2 Beds
1 Bath
3,177 Sq Ft
$618/Sq Ft Est. Value

Last Sold March 22, 2012

Last sale price $895,000 $282 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $11,378/month

50 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Heating System Uses Natural Gas
  • Heinz Kaiser Elementary School Rated A

About This Home

As of March 2012

A VERY SPECIAL & CHARMING PROPERTY THAT SCREAMS OF OWNER OCCUPANCY!! IN FRONT A TWO BDRM. I BATH QUINTESSENTIAL EASTSIDE VINTAGE COTTAGE WITH WHITE PICKET FENCE AND A WRAP AROUND FRONT PORCH THAT INVITES YOU IN. INSIDE, ORIGINAL WOOD FLOORS, BRICK FIREPLACE & REMODELLED BATH. THE REAR UNIT IS A TWO BEDROOM 1 BATH THAT LOOKS VERY 2012, WITH HUGE UPPER DECK & a PRIVATE REAR YARD. BOTH HAVE ENCLOSED GARAGES & SEPARATE LAUNDRY AREAS. SITUATED ON A NO LOAD SIDE ALLEY WHICH AFFORDS PRIVACY & EASY ACCESS. **PLEASE BE CONSIDERATE OF TENANTS.

Last Agent to Sell the Property

Rae Rodgers

Re/Max One License #00458071 Listed on: 01/11/2012

Re/Max One

Last Buyer's Agent

Pam Spadafore

Coldwell Banker Realty License #01334506

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 6,534

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 3,177 Sq Ft Home
  • Fireplace With Gas Starter

Flooring

  • Wood
  • Carpet
  • Laminate

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 11
  • Tax Tract Number 377
  • Assessor Parcel Number 42523309

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Gardener Expense $100
  • Insurance Expense $100
  • Water Sewer Expense $150
  • New Taxes Expense $6,323
  • Gross Income $52,200
  • Net Operating Income $49,068

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 5.06
  • View: No
  • Water Sewer Expenses: 150.00
  • Zoning: R2
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 42523309
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet, Wood
  • Appliances: No
  • Fireplace Features: Gas Starter
  • Levels: Two
  • Price Per Square Foot: 281.71

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 7885

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 52200.00
  • Gross Multiplier: 18.57
  • Gross Scheduled Income: 52200.00
  • Insurance Expense: 100.00
  • Maintenance Percent: 200.00
  • Net Operating Income: 49068.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 1
  • Number With Drapes: 1
  • Number With Patio: 1
  • Number With Refrigerator: 1
  • Operating Expense: 3132.00

Tax Info

  • New Taxes Expense: 6323.00
  • Tax Lot: 11
  • Tax Tract Number: 377

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2017
Sold by
Sanders Martin R and Sandercock Martin R
Bought by
Sanders Martin R and Sanders Michelle Dawn
Current Estimated Value
$1,964,928

Purchase Details

Listed on
Jan 11, 2012
Closed on
Mar 22, 2012
Sold by
Dixon Melinda A
Bought by
Sandercock Martin R and Sandercock Michelle Dawn
Seller's Agent
Rae Rodgers
Re/Max One
Buyer's Agent
Pam Spadafore
Coldwell Banker Realty
List Price
$969,500
Sold Price
$895,000
Premium/Discount to List
-$74,500
-7.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Feb 22, 2001
Sold by
Vile Judd Mason and Vile Dolores
Bought by
Dixon Melinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,100
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sanders Martin R -- None Available
Sandercock Martin R $895,000 California Title
Dixon Melinda A $449,000 Stewart Title
Vile Judd Mason -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dixon Melinda A $404,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2012 03/22/12 Sold $895,000 -7.7% $282 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $969,500 -- $305 / 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 $13,234 $1,124,166 $988,437 $135,729
2024 $13,234 $1,102,124 $969,056 $133,068
2023 $12,806 $1,080,514 $950,055 $130,459
2022 $12,424 $1,059,328 $931,427 $127,901
2021 $12,052 $1,038,557 $913,163 $125,394
2020 $11,908 $1,027,908 $903,799 $124,109
2019 $11,649 $1,007,753 $886,077 $121,676
2018 $11,413 $987,994 $868,703 $119,291
2017 $11,222 $968,622 $851,670 $116,952
2016 $10,983 $949,630 $834,971 $114,659
2015 $10,881 $935,366 $822,429 $112,937
2014 $10,636 $917,044 $806,319 $110,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12000147

California Regional Multiple Listing Service (CRMLS)

APN: 425-233-09