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

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

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

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 $27,681 $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

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81421881

MLSListings

APN: 153-09-021

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