NOT LISTED FOR SALE

1887 Scott Ave Corning, CA 96021

Estimated Value: $325,860 - $400,000

6 Beds
4 Baths
2,016 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $210,000 $104 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,072/month

44 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Wood Fence

About This Home

As of October 2014

This is a great investment and will attract long term renters. The duplex was started in 2005 but was just completed this year, the roof is new, the carpet is new, the paint is new, the kitchens are new, HVAC new (was never used), hot water heaters new. This will be a low maintenance property that attract good rentals. There is a huge attached 2 car garage that is not common in most units as well as a very large private fenced yard. The property is rented for 950 per unit with 1 year leases. Both units are rented (it was on the rental market 3 day and both units were rented) . Great investment!

Last Agent to Sell the Property

Mandy Whigham

Own in the Sun, Inc. License #01335800 Listed on: 08/18/2014

Last Buyer's Agent

Darren Devlin

Resolution Funding, Inc. License #01445779

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 9,611 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Fence is in excellent condition
  • Density is up to 1 Unit/Acre
  • On-Hand Building Permits

Parking

  • 4 Car Garage

Home Design

  • Contemporary Architecture
  • Property Attached
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 071193061

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • New Taxes Expense $2,000
  • Net Operating Income $18,400

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Inclusions: all appliances
  • Property Attached: Yes
  • Architectural Style: Contemporary
  • Property Condition: Building Permit
  • Property Type: Residential Income
  • Parcel Number: 071193061
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 104.17
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fencing: Wood, Excellent Condition
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9611.00
  • Lot Size Acres: 0.2210

Multi Family

  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 9611.0000 Square Feet
  • Net Operating Income: 18400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 4400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2000.00
  • Taxes Percent: 1.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2018
Sold by
Wheat Gary and Wheat Janet
Bought by
Wheat Family Trust
Current Estimated Value
$356,465

Purchase Details

Listed on
Aug 18, 2014
Closed on
Oct 13, 2014
Sold by
Noag Alex
Bought by
Wheat Gary and Wheat Janet
Seller's Agent
Mandy Whigham
Own in the Sun, Inc.
Buyer's Agent
Darren Devlin
Resolution Funding, Inc.
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
Aug 19, 2013
Sold by
Hoag Jessica
Bought by
Hoag Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 2004
Sold by
Smothers Lloyd and Smothers Kathleen
Bought by
Hernandez Jaime Raul

Purchase Details

Closed on
Aug 31, 2004
Sold by
Hernandez Rosie
Bought by
Hernandez Jaime Raul

Purchase Details

Closed on
Apr 7, 2004
Sold by
Cecenas Salvadore and Cecenas Maria Delourdes
Bought by
Smothers Lloyd and Smothers Kathleen

Purchase Details

Closed on
Aug 22, 2001
Sold by
Fitzgerald Donald and Fitzgerald Mary A
Bought by
Cecenas Salvadore and Cecenas Maria Delourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
7%
Mortgage Type
Seller Take Back
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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Purchase History

Date Buyer Sale Price Title Company
Wheat Family Trust -- None Available
Wheat Gary $210,000 Mid Valley Title & Escrow Co
Hoag Alex -- Placer Title Company
Hoag Alex $110,000 Placer Title Company
Hernandez Jaime Raul $60,000 Northern California Title Co
Hernandez Jaime Raul -- Northern California Title Co
Smothers Lloyd $40,000 Fidelity National Title
Cecenas Salvadore $27,000 Northern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoag Alex $110,000
Previous Owner Cecenas Salvadore $17,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $210,000 -4.5% $104 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $220,000 -- $109 / 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 $2,601 $252,379 $36,051 $216,328
2023 $2,551 $242,581 $34,652 $207,929
2022 $2,516 $237,825 $33,973 $203,852
2021 $2,421 $233,162 $33,307 $199,855
2020 $2,447 $230,772 $32,966 $197,806
2019 $2,347 $226,248 $32,320 $193,928
2018 $2,351 $221,813 $31,687 $190,126
2017 $2,335 $217,465 $31,066 $186,399
2016 $2,176 $213,202 $30,457 $182,745
2015 -- $210,000 $30,000 $180,000
2014 $1,139 $110,000 $20,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14177152

California Regional Multiple Listing Service (CRMLS)

APN: 071-193-006-000