NOT LISTED FOR SALE

Estimated Value: $1,211,000 - $1,367,000

4 Beds
4 Baths
2,064 Sq Ft
$632/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $500,000 $242 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $8,105/month

Highlights

  • Ranch Style House
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • R. L. Stevenson Elementary School Rated A
  • Private Yard
  • Tile Flooring

About This Home

As of March 2015

Corner lot with 4 units with each unit having 1 bedroom, 1 bath. Also has a double 2 car garage for parking or storage
for each unit. Each unit is approximately 500 sqft and property needs TLC.

Last Agent to Sell the Property

Rita Fabian

No Firm Affiliation License #01783677 Listed on: 02/25/2015

Last Buyer's Agent

Alex Pastor

No Firm Affiliation License #01273869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,737

Year Built

  • Built in 1947

Lot Details

  • 7,059 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,064 Sq Ft Home
  • Ranch Style House
  • Property Attached
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, repairs
  • Tax Lot 25
  • Tax Tract Number 12715
  • Assessor Parcel Number 2484006001

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,100
  • Water Sewer Expense $660
  • New Taxes Expense $8,451
  • Gross Income $3,875
  • Net Operating Income $35,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,737

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 660.00
  • Architectural Style: Ranch
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 2484006001
  • Year Built: 1947
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 242.25

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Corner Lot, Sprinkler System, Yard
  • Lot Size Sq Ft: 7059.00
  • Lot Size Acres: 0.1620

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Repairs

Multi Family

  • Average1 Bed Area: 516
  • Gross Income: 3875.00
  • Gross Scheduled Income: 46500.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 7059.0000 Square Feet
  • Net Operating Income: 35356.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 11144.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8451.00
  • Tax Lot: 25
  • Tax Tract Number: 12715
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2012
Sold by
Casas Elsi Clelia and Fernandez Iliana R Acosta
Bought by
Casas Elsi Clelia and Fernandez Iliana R Acosta
Current Estimated Value
$1,305,446

Purchase Details

Closed on
Nov 29, 2011
Sold by
Latorre Juan Carlos
Bought by
Casas Elsi Clelia and Hernandez Iliana R Acosta

Purchase Details

Closed on
Nov 2, 2011
Sold by
Casas Elsi Clelia and Casas La Torre
Bought by
Casas Elsi Clelia and La Torre Juan Carlos

Purchase Details

Closed on
Jun 3, 2011
Sold by
Casas Elsi
Bought by
Casas Elsi Clelia and La Torre Juan Carlos

Purchase Details

Closed on
Dec 20, 2004
Sold by
Miles Susan K
Bought by
Casas Elsi Clelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1997
Sold by
Miles Donald
Bought by
Miles Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.45%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 1997
Sold by
Petersen Trust
Bought by
Miles Susan K
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Casas Elsi Clelia -- Pacific Coast Title
Casas Elsi Clelia -- None Available
Casas Elsi Clelia -- Investors Title Company
Casas Elsi Clelia -- None Available
Casas Elsi Clelia $699,500 Commonwealth Title
Miles Susan K -- Commonwealth Title
Miles Susan K -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casas Elsi Clelia $500,000
Previous Owner Miles Susan K $20,000
Closed Casas Elsi Clelia $167,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $500,000 +12.4% $242 / Sq Ft
02/25/2015 02/25/15 For Sale $444,999 -- $216 / Sq Ft
08/24/2014 08/24/14 Pending -- -- --
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
2025 $10,737 $967,403 $820,675 $146,728
2024 $10,737 $948,435 $804,584 $143,851
2023 $10,624 $929,839 $788,808 $141,031
2022 $10,143 $911,608 $773,342 $138,266
2021 $10,102 $893,734 $758,179 $135,555
2019 $9,695 $867,728 $735,692 $132,036
2018 $9,592 $850,724 $721,267 $129,457
2016 $9,111 $817,210 $693,260 $123,950
2015 $8,926 $804,936 $682,847 $122,089
2014 $8,920 $789,169 $669,471 $119,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14077114

California Regional Multiple Listing Service (CRMLS)

APN: 2484-006-001