NOT LISTED FOR SALE
12 Beds
10 Baths
3,380 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: October 17, 2023

Last sale price $1,120,000 $331 Per Sq Ft

9 Days on Market

Highlights

  • City View
  • Ranch Style House
  • Fenced Yard
  • 0.28 Acre Lot
  • Corner Lot
  • Cul-De-Sac

About This Home

As of October 2023

A must see. Upside to ~$9,900/mo. income [~7.73% cap rate].(4) spacious 3/1 similar floor-plan apartments, each including balcony with views, microwave-hood over range, garage, W/D hookups, (3) spots of off-street parking each, fenced backyards for each, low-traffic cul de sac, and large under-building storage room for landlord supplies. Both buildings thoroughly rebuilt w/permits in 2003 from studs out including plumbing, electrical, siding, insulation, roofing, windows, balconies, heaters, water-heaters, panels & flatwork. Effectively a 20-year old pair of buildings on large lot with views. This is a must see.

Last Agent to Sell the Property

Kevin Reilly

RE/MAX Gold License #01371289 Listed on: 09/08/2023

RE/MAX Gold

Co-Listed By

Chris Reilly

RE/MAX Gold License #02131116

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 12,197 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Corner Lot

Parking

  • 4 Car Garage
  • 10 Open Parking Spaces
  • Off-Street Parking

Property Views

  • City
  • Mountain
  • Hills

Home Design

  • Quadruplex
  • Ranch Style House
  • Side-by-Side
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 12 Bedrooms
  • 3,380 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Insulation

Utilities

  • Wall Furnace
  • Separate Meters
  • Natural Gas Connected
  • Individual Gas Meter
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0075-091-210

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Gross Income $96,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1955 | Remodeled

Lot Details

0.28 Acres

Parking

4

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: Magazine East to top of hill. Left onto Aspen.
  • Lot Size Acres: 0.2800
  • CapRate: 6.21
  • Signs: Yes
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Ranch
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Microwave
  • Accessibility Features: None
  • Flooring: Carpet, Laminate, Tile
  • Price Per Square Foot: 331.36
  • Square Footage: 3380.00
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete
  • Lot Features: Corner, Court, Cul-De-Sac, Landscape Front, Shape Regular
  • Property Condition: Updated/Remodeled
  • Roof: Composition, Shingle
  • ExteriorFeatures: Fenced Yard, Yard Space
  • View: City, Hills, Mountains, Varies By Unit

Garage/Parking

  • Parking Features: Garage, Off Street, Side-by-Side
  • Total Parking Spaces: 14.00
  • Garage Spaces: 4.00
  • OpenParkingSpaces: 10.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Electric, Natural Gas Connected
  • Water Source: Public, Water District
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 0075-091-210
  • Lot Size Sq Ft: 12197.00

Green Features

  • Energy Efficient: Exposure/Shade, Insulation, Windows

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1955

Multi Family

  • Three Bedroom Rent Range: 1450-2000
  • Number of 3 Bedroom Units: 4
  • NumberOfUnitsTotal: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 3, 2023
Sold by
Bought by
Seller's Agent
Kevin Reilly
RE/MAX Gold
List Price
$1,099,000
Sold Price
$1,120,000
Premium/Discount to List
$21,000
1.91%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
0.0718%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0604%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2001
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,120,000 First American Title
$2,049,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $784,000
Previous Owner $516,026
Previous Owner $560,000
Previous Owner $250,000
Previous Owner $433,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/17/2023 10/17/23 Sold $1,120,000 +1.9% $331 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $1,099,000 -- $325 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,893 $1,142,400 $285,600 $856,800
2024 $11,893 $669,878 $267,950 $401,928
2023 $11,080 $656,745 $262,697 $394,048
2022 $10,723 $643,869 $257,547 $386,322
2021 $10,429 $631,246 $252,498 $378,748
2020 $10,413 $624,774 $249,909 $374,865
2019 $9,768 $590,000 $147,000 $443,000
2018 $8,883 $560,000 $140,000 $420,000
2017 $7,871 $500,000 $125,000 $375,000
2016 $5,148 $440,000 $110,000 $330,000
2015 $4,017 $340,000 $85,000 $255,000
2014 $4,039 $340,000 $85,000 $255,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323907598

Bay Area Real Estate Information Services (BAREIS)
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