NOT LISTED FOR SALE

Estimated Value: $1,399,000 - $1,816,000

5 Beds
3 Baths
2,392 Sq Ft
$670/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $1,178,000 $492 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,199/month

108 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Laundry Room
  • R. L. Stevenson Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

About This Home

As of June 2019

"Prime Location" Adorable Two Story Three Unit Corner Lot Building. Features Two, Two Bedroom Apartments ( One Upstairs And One Downstairs) And A One Bedroom In The Front. Each Unit Has Modestly Been Updated Over The Years. To Include Paint, Carpet, And Some Appliances. Overall All The Units Are In Good Condition, Floorplan Show Very Well. Each Unit Has It's Own Private Garage And A Downstairs Two Bedroom Includes It's Own Tranquil Private Patio. Walking Distance To Shopping, Food, And Night Life.

Last Listed By

William Barnett

Barnett & Associates License #01786614 Listed on: 01/18/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,482

Year Built

  • Built in 1948

Lot Details

  • 6,278 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,392 Sq Ft Home
  • Fireplace
  • Carpet
  • Gas Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Floor Furnace

Additional Features

  • Fireplace in Patio
  • Suburban Location

Listing and Financial Details

  • Tax Lot 5051
  • Tax Tract Number 10134
  • Assessor Parcel Number 2483014400

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,087
  • Trash Expense $1,300
  • Water Sewer Expense $1,600
  • New Taxes Expense $1,393
  • Operating Expense $7,397
  • Gross Income $22,049
  • Net Operating Income $19,844

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,482

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1600.00
  • Property Type: Residential Income
  • Parcel Number: 2483014400
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Patio
  • Price Per Square Foot: 492.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1300.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Sq Ft: 6278.00
  • Lot Size Acres: 0.1441

Multi Family

  • Gross Income: 22049.00
  • Gross Scheduled Income: 22049.00
  • Insurance Expense: 1087.00
  • Lot Size Area: 6278.0000 Square Feet
  • Net Operating Income: 19844.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2017.00
  • Operating Expense Percent: 10.00
  • Rent Control: No
  • Total Expenses: 7397.00

Tax Info

  • New Taxes Expense: 1393.00
  • Tax Lot: 5051
  • Tax Tract Number: 10134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2024
Sold by
Garcia Angel E
Bought by
Angel Garcia Family Trust and Garcia
Total Days on Market
108
Current Estimated Value
$1,601,744

Purchase Details

Closed on
Oct 5, 2021
Sold by
Garcia Angel E and Garcia Mercedes C
Bought by
Garcia Angel E

Purchase Details

Listed on
Jan 18, 2019
Closed on
May 22, 2019
Sold by
Harry Engel And Suzanne Frye 1998 Trust
Bought by
Mercedes and Angel Garcia Rlt
Seller's Agent
William Barnett
Barnett & Associates
List Price
$1,375,000
Sold Price
$1,178,000
Premium/Discount to List
-$197,000
-14.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$678,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2015
Sold by
Engel Harry M and Frye Suzanne R
Bought by
The Harry Engel & Suzanne Frye 1998 Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2015
Sold by
Frye Suzanne
Bought by
Engel Harry M and Frye Suzanne R

Purchase Details

Closed on
Sep 1, 2006
Sold by
Dorando Tina M and Tina M Dorando Living Trust
Bought by
Dorando Tina M and The Tina M Dorando Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.53%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 9, 2003
Sold by
Dorando I Martone
Bought by
Tina M Dorando Living Trust and Immaculate M Dorando Living Trust

Purchase Details

Closed on
Aug 18, 1999
Sold by
Dorando Joseph J
Bought by
Dorando I Martone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
8.75%

Purchase Details

Closed on
Mar 25, 1998
Sold by
Casino I Martone and Martone Dorando I
Bought by
Dorando I Martone
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

Date Buyer Sale Price Title Company
Angel Garcia Family Trust -- None Listed On Document
Garcia Angel E -- Accommodation
Mercedes $1,179,000 Provident Title
The Harry Engel & Suzanne Frye 1998 Trus -- First American Title Company
Engel Harry M -- First American Title Company
Engel Harry M -- None Available
Frye Suzanne -- None Available
Dorando Tina M -- None Available
Tina M Dorando Living Trust -- --
Dorando I Martone -- American Coast Title
Dorando I Martone -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Angel E $678,750
Previous Owner Mercedes $678,750
Previous Owner Engel Harry M $575,000
Previous Owner Dorando Tina M $532,000
Previous Owner The Tina M Dorando Living Trust $360,000
Previous Owner Dorando I Martone $244,000
Previous Owner Dorando I Martone $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2019 06/19/19 Sold $1,178,000 -14.3% $492 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $1,375,000 -- $575 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $14,482 $1,289,130 $742,310 $546,820
2023 $14,328 $1,263,854 $727,755 $536,099
2022 $13,679 $1,239,074 $713,486 $525,588
2021 $13,626 $1,214,780 $699,497 $515,283
2020 $13,476 $1,202,325 $692,325 $510,000
2019 $11,910 $96,648 $37,775 $58,873
2018 $1,190 $94,754 $37,035 $57,719
2016 $1,101 $91,077 $35,598 $55,479
2015 $1,081 $89,710 $35,064 $54,646
2014 $1,099 $87,954 $34,378 $53,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19013490

California Regional Multiple Listing Service (CRMLS)

APN: 2483-014-400