NOT LISTED FOR SALE

Estimated Value: $1,868,000 - $2,491,147

5 Beds
4 Baths
2,400 Sq Ft
$858/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $1,725,000 $719 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $13,340/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Wood Flooring
  • Lincoln Elementary School Rated A+
  • Traditional Architecture
  • 4-minute walk to Anderson Park

About This Home

As of November 2021

Two Homes on one lot! 7500 sq. ft. lot zoned R2... Cute Cute Cute! You have to see the interior of this one!
Back home is like a single family home... two stories... plenty of space...upgraded!
As you enter the home you are greeted by a lovely living room, fireplace, and a den which is the third bedroom; great for guests who don't do stairs... there is a separate great room which encompasses the kitchen, the dining room and a family room... the sliding glass doors take you to the private enclosed grassy back yard, big enough for a full swing set, hammock and room for the kids to play!
There is also a half bath on the main level that is just begging to have a shower installed
The main level also has an attached private two car garage that opens directly to the kitchen ( great for groceries)
This home has windows everywhere... it is light and bright...
The upstairs has two full bedroom bathrooms and the laundry!
The front house is a roomy two bedroom/ one bath with a large great room that overlooks the enclosed grassy front yard surrounded by a white picket fence...
Come see! you will love living at 2014 Farrell!

Last Agent to Sell the Property

Sue Freeman

Compass License #00912308 Listed on: 09/25/2021

Compass

Co-Listed By

Mike Freeman

Compass License #01974033

Last Buyer's Agent

Vincenzo Altamura

S C Real Estate License #01901957

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,347

Year Built

  • Built in 1985

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • 1 Common Wall
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Driveway Level

Home Design

  • Duplex
  • Traditional Architecture
  • Cottage
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Interior Block Wall
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Wood Frame Window
  • Sliding Doors
  • Living Room with Fireplace
  • Den
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Multi-Level Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessibility Features
  • Ramp on the main level

Utilities

  • Central Heating
  • Overhead Utilities
  • Natural Gas Connected
  • Central Water Heater
  • TV Antenna

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 5 / 31
  • Assessor Parcel Number 4150019004
  • $1,421 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Gardener Expense $980
  • Insurance Expense $1,200
  • Maintenance Expense $2,400
  • Trash Expense $560
  • Water Sewer Expense $600
  • New Taxes Expense $8,900
  • Operating Expense $15,840
  • Net Operating Income $70,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,347

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310 780 9244
  • Price Per Unit: 850000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: RBR-2
  • Architectural Style: Cottage, Ranch, Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 980.00
  • Parcel Number: 4150019004
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Block Walls, Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Tile Counters
  • Stories: 2
  • Entry Location: ground floor
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Disability Features, Grab Bars In Bathroom(s), Ramp - Main Level
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 718.75
  • Room Type: Den, Galley Kitchen, Kitchen, Laundry, Living Room, Master Suite, Multi-Level Bedroom, Two Masters
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised
  • Exterior Features: TV Antenna
  • View: Neighborhood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Driveway Level, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Microwave, Range Hood, Water Heater Central
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 560.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Level, Sprinklers In Front, Sprinklers In Rear, Utilities - Overhead, Yard
  • Lot Size: 50 X 150
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722

Rental Info

  • Garage Rental Rate: 300.00
  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1600 Square Feet
  • Electric Expense: 1200.00
  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7501.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 70000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 14000.00
  • Rent Control: No
  • Total Expenses: 15840.00
  • Vacancy Allowance: 5

Tax Info

  • New Taxes Expense: 8900.00
  • Tax Block: 31
  • Tax Census Tract: 6205.01
  • Tax Lot: 5
  • Tax Tract Number: B
  • TaxOtherAnnualAssessmentAmount: 1421.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Nov 4, 2021
Sold by
Hayes Chelsea Leigh
Bought by
Mckibbin Maddison H
Seller's Agent
Sue Freeman
Compass
Buyer's Agent
Vincenzo Altamura
S C Real Estate
List Price
$1,700,000
Sold Price
$1,725,000
Premium/Discount to List
$25,000
1.47%
Total Days on Market
5
Current Estimated Value
$2,059,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,537
Avg. Annual Appreciation
4.87%
Original Mortgage
$1,225,000
Outstanding Balance
$1,126,478
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$915,915

Purchase Details

Listed on
Sep 25, 2021
Closed on
Oct 1, 2021
Sold by
Guereca Mikel A and Guereca Beatriz G
Bought by
Mckibbin Riley Mcinerny and Mckibbin Maddison H
Seller's Agent
Sue Freeman
Compass
Buyer's Agent
Vincenzo Altamura
S C Real Estate
List Price
$1,700,000
Sold Price
$1,725,000
Premium/Discount to List
$25,000
1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Outstanding Balance
$1,126,478
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$915,915

Purchase Details

Closed on
Dec 23, 2013
Sold by
Parra Mikel A Guereca and Guereca Beatriz G
Bought by
Parra Mikel A Guereca and Guereca Beatriz G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Guereca Beatriz G and Guereca Beatriz C
Bought by
Guereca Mikel A and Guereca Beatriz G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Mckibbin Maddison H -- Progressive Title
Mckibbin Riley Mcinerny $1,725,000 Progressive Title
Parra Mikel A Guereca -- Accommodation
Guereca Mikel A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckibbin Riley Mcinerny $1,225,000
Previous Owner Parra Mikel A Guereca $450,000
Previous Owner Guereca Mikel A $350,000
Previous Owner Guereca Mikel A $85,000
Previous Owner Guereca Mikel A $60,000
Previous Owner Guereca Mikel A $237,748
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $1,725,000 +1.5% $719 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $1,700,000 -- $708 / 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 $21,347 $1,794,690 $1,144,440 $650,250
2023 $20,956 $1,759,500 $1,122,000 $637,500
2022 $20,591 $1,725,000 $1,100,000 $625,000
2021 $6,274 $444,352 $259,077 $185,275
2020 $6,231 $439,797 $256,421 $183,376
2019 $6,074 $431,175 $251,394 $179,781
2018 $5,792 $422,721 $246,465 $176,256
2016 $5,584 $406,308 $236,896 $169,412
2015 $5,492 $400,206 $233,338 $166,868
2014 $5,415 $392,368 $228,768 $163,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21212484

California Regional Multiple Listing Service (CRMLS)

APN: 4150-019-004