NOT LISTED FOR SALE
8 Beds
-- Bath
4,292 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: July 30, 2014

Last sale price $1,950,000 $454 Per Sq Ft

8 Days on Market

Highlights

  • RV Access or Parking
  • Balcony
  • Laundry Facilities
  • Monta Loma Elementary School Rated A-
  • Guest Parking
  • Carpet

About This Home

As of July 2014

Four 2 bedroom 1 1/2 bath townhouse style units with private back yards, laundry, garages and extra parking. Owners occupy all units so rents and expenses are pro-forma. Large front yard could partitioned for private yards. Large side yards too. Lots of space on a nearly 11,000 sq. ft. lot.

Last Agent to Sell the Property

Michael Johnston

Compass License #01131203 Listed on: 06/18/2014

Compass

Last Buyer's Agent

Kay Lok

Clay Herman Realtor, Inc. License #00890420

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 0.25

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,292 Sq Ft Home
  • 2-Story Property
  • Carpet

Parking

  • Covered Parking
  • Guest Parking
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $120,000
  • The owner pays for services - gardener/landscaping, water

Community Details

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $3,764
  • Maintenance Expense $2,000
  • Other Expense $600
  • Utility Expense $600
  • Trash Expense $1,200
  • Operating Expense $30,725
  • Gross Income $116,400

Additional Features

  • 4,292 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0.25 Acres

Listing Details

  • Zoning: R3-22
  • Subclass: Fourplex
  • Inspections Reports: Pest Control, Property Inspection, Roof, Flood Zone
  • Sale Price Per Sq Ft: 454.33
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4292
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 4292
  • Stories: 2
  • Laundry: Community Facility
  • Flooring: Carpet, Varies By Unit

Exterior Features

  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Common Parking Area, Guest / Visitor Parking, Spaces Per Unit - 1, Off-Street Parking, Rv/Boat Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10890.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10890.00
  • Lot Size Area Min Search: 10890.00
  • Maximum Lot Size: 10890.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.00

Multi Family

  • Expense Insurance: 3764
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expenses Other: 600
  • Expenses Total: 30725
  • Expenses Utility: 600
  • Expense Trash: 1200
  • Expense Water Sewer: 5000
  • Income Annual Gross: 116400.00
  • Income Annual Rental: 120000
  • Income Gross Scheduled: 120000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Utilities - Water, Services - Trash Removal, Utilities - Gas, Insurance, Fee - Property Tax, Vacancy Factor, Utilities - Electric
  • Owner Pays: Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Electric
  • Vacancy Amount: 3600
  • Vacancy Factor: 3

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
Jun 18, 2014
Closed on
Jul 18, 2014
Sold by
Bought by
Seller's Agent
Michael Johnston
Compass
Buyer's Agent
Kay Lok
Clay Herman Realtor, Inc.
List Price
$1,800,000
Sold Price
$1,950,000
Premium/Discount to List
$150,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 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
$160,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 18, 2005
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
$805,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2005
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
$805,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1998
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
$330,000
Interest Rate
6.92%

Purchase Details

Closed on
May 7, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 17, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,950,000 North American Title Co Inc
$1,240,000 Alliance Title Company
-- Old Republic Title Company
$1,150,000 Old Republic Title Company
-- Financial Title Company
-- --
-- North American Title Co Inc
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 $850,000
Closed $1,000,000
Previous Owner $160,000
Previous Owner $800,000
Previous Owner $805,000
Previous Owner $320,000
Previous Owner $330,000
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
07/30/2014 07/30/14 Sold $1,950,000 +8.3% $454 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $1,800,000 -- $419 / Sq Ft
Source: MLSListings

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
2026 $27,978 $2,390,471 $1,593,649 $796,822
2025 $27,978 $2,343,600 $1,562,401 $781,199
2024 $27,681 $2,297,648 $1,531,766 $765,882
2023 $27,681 $2,252,597 $1,501,732 $750,865
2022 $27,243 $2,208,430 $1,472,287 $736,143
2021 $26,600 $2,165,128 $1,443,419 $721,709
2020 $26,443 $2,142,928 $1,428,619 $714,309
2019 $25,269 $2,100,910 $1,400,607 $700,303
2018 $25,022 $2,059,717 $1,373,145 $686,572
2017 $23,877 $2,019,331 $1,346,221 $673,110
2016 $23,425 $1,979,737 $1,319,825 $659,912
2015 $22,826 $1,950,000 $1,300,000 $650,000
2014 $16,328 $1,382,341 $1,003,313 $379,028
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81421881

MLSListings

APN: 153-09-021

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