NOT LISTED FOR SALE

Estimated Value: $1,213,192 - $1,490,000

4 Beds
4 Baths
1,880 Sq Ft
$741/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $1,080,000 $574 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,505/month

10 Days on Market

Highlights

  • New Construction
  • Granite Countertops
  • Den
  • Modern Architecture
  • Lawn
  • Double Pane Windows

About This Home

As of January 2021

Two houses in one lot, front house 2 bedroom + Den + 1 bath remodeled 5 years ago , granite counter top, tile in living room , kitchen, bathroom , laminated hardwood flooring in bedrooms and Den , laundry area/hook up , 880 sq ft RENTED $2600 --
- Back house brand new 2020 build- nobody lived in it yet - 1000 sq ft - 2 bedrooms + 2 baths, 9 feet ceiling , quartz counter top in kitchen, stainless appliances, self closing shake cabinets, central HVAC , laundry room in unit, tank-less water heater , double panel windows, recessed lighting through out house , huge sliding door to backyard. Brand new gate, gated drive way , lots of closets, separate gas and electrical meter for front and back units, front unit rented and back unit is ready to move in

Last Agent to Sell the Property

Mehrzad Maknouni

Real Estate Source, Inc. License #01403935 Listed on: 11/17/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,018 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Lawn

Home Design

  • Modern Architecture
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Den

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 135
  • Tax Tract Number 7129
  • Assessor Parcel Number 5064026025

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • New Taxes Expense $13,200
  • Operating Expense $14,000
  • Gross Income $67,200
  • Net Operating Income $66,400

Property Details

Home Type

Multi-Family

Year Built

Built in 2020 | New Construction

Lot Details

5,018 Sq Ft Lot

Listing Details

  • CapRate: 6.00
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 5064026025
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 574.47
  • Room Type: Den
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level
  • Lot Size Sq Ft: 5018.00
  • Lot Size Acres: 0.1152

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 67200.00
  • Gross Multiplier: 16.00
  • Gross Operating Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5018.0000 Square Feet
  • Net Operating Income: 66400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 800.00
  • Rent Control: No
  • Total Actual Rent: 2600.00
  • Total Expenses: 14000.00

Tax Info

  • New Taxes Expense: 13200.00
  • Tax Census Tract: 2703.00
  • Tax Lot: 135
  • Tax Tract Number: 7129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2006
Sold by
Homayouni Sepideh
Bought by
Meknuni Mahrzad
Current Estimated Value
$1,392,798

Purchase Details

Closed on
Aug 16, 2006
Sold by
Matthews Darran C and Estate Of Joseph Craig
Bought by
Meknuni Mahrzad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Meknuni Mahrzad -- United Title Company
Meknuni Mahrzad $450,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meknuni Mahrzad $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $1,080,000 -1.8% $574 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $1,100,000 -- $585 / 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 $14,151 $1,169,024 $935,220 $233,804
2024 $13,989 $1,146,103 $916,883 $229,220
2023 $13,720 $1,123,631 $898,905 $224,726
2022 $13,004 $1,101,600 $881,280 $220,320
2021 $7,218 $594,110 $475,293 $118,817
2020 $7,292 $588,019 $470,420 $117,599
2019 $7,005 $576,491 $461,197 $115,294
2018 $6,937 $565,188 $452,154 $113,034
2016 $6,638 $543,244 $434,598 $108,646
2015 $6,066 $495,200 $346,600 $148,600
2014 $5,051 $400,000 $280,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20241436

California Regional Multiple Listing Service (CRMLS)

APN: 5064-026-025

Your Personal Tour Guide

Ask me questions while you tour the home.