NOT LISTED FOR SALE

Estimated Value: $1,111,000 - $1,255,059

4 Beds
2 Baths
1,723 Sq Ft
$689/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $835,000 $485 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,956/month

3 Days on Market

Highlights

  • Wood Flooring
  • Tile Countertops
  • Laundry Room
  • Thomas Edison Elementary School Rated A
  • Living Room
  • More Than Two Accessible Exits

About This Home

As of December 2018

Two bedrooms one bath each unit with hardwood floors. One garage for two cars. Long driveway. Mature avocado and grapefruit trees that bear fruit. Needs TLC.

Last Agent to Sell the Property

Ana Dowling

Dowling Realty, Inc License #01456204 Listed on: 11/23/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,438 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Raised Foundation
  • Fire Rated Drywall

Interior Spaces

  • 1,723 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Utilities

  • Central Air
  • Floor Furnace
  • Gas Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 151
  • Tax Tract Number 7451
  • Assessor Parcel Number 2438020022

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Trash Expense $960
  • New Taxes Expense $8,912
  • Operating Expense $10,872
  • Gross Income $16,740
  • Net Operating Income $5,868

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

5,438 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: BUR4*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2438020022
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 484.62
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Pool Private: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 960.00
  • 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: Back Yard, Front Yard, Level with Street, Rectangular Lot, Level, Paved
  • Lot Size Sq Ft: 5438.00
  • Lot Size Acres: 0.1248

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 862 Square Feet
  • Gross Income: 16740.00
  • Gross Scheduled Income: 16740.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5438.0000 Square Feet
  • Net Operating Income: 5868.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 10872.00
  • Rent Control: No
  • Total Expenses: 10872.00

Tax Info

  • New Taxes Expense: 8912.00
  • Tax Census Tract: 3109.00
  • Tax Lot: 151
  • Tax Tract Number: 7451

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2018
Closed on
Dec 3, 2018
Sold by
Well Catherine Mary and Catherine Wall Trust
Bought by
Coastal State Management Llc
Seller's Agent
Ana Dowling
Dowling Realty, Inc
List Price
$849,000
Sold Price
$835,000
Premium/Discount to List
-$14,000
-1.65%
Current Estimated Value
$1,187,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,515
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
Mar 29, 2012
Sold by
Wall Catherine Mary
Bought by
Wall Catherine Mary and Catherine Wall Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2005
Sold by
Wall Catherine Mary
Bought by
Wall Catherine Mary and The Catherine Wall Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2005
Sold by
Garrovillo Eduardo and Garrovillo Pamela
Bought by
Wall Catherine Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coastal State Management Llc $835,000 Old Republic Title Company
Wall Catherine Mary -- First American Title Company
Wall Catherine Mary -- First American Title Company
Wall Catherine Mary -- California Title
Wall Catherine Mary $662,000 California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wall Catherine Mary $333,750
Previous Owner Wall Catherine Mary $496,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $835,000 -1.6% $485 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
11/23/2018 11/23/18 For Sale $849,000 -- $493 / 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 $10,266 $931,454 $669,309 $262,145
2024 $10,266 $913,191 $656,186 $257,005
2023 $10,157 $895,286 $643,320 $251,966
2022 $9,695 $877,732 $630,706 $247,026
2021 $9,658 $860,523 $618,340 $242,183
2020 $9,551 $851,700 $612,000 $239,700
2019 $9,266 $835,000 $600,000 $235,000
2018 $8,912 $795,082 $691,797 $103,285
2016 $7,437 $670,000 $583,000 $87,000
2015 $7,395 $670,000 $583,000 $87,000
2014 $6,864 $610,000 $530,800 $79,200
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18278850

California Regional Multiple Listing Service (CRMLS)

APN: 2438-020-022

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