NOT LISTED FOR SALE

Estimated Value: $863,000 - $933,000

3 Beds
3 Baths
2,046 Sq Ft
$441/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $299,999 $147 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $5,285/month

74 Days on Market

About This Home

As of March 2012

Great opportunity for both owner occupant or investor. Two separate buildings all units vacant, front duplex 3BR 2BA and 2BR, 1BA, rear unit built over three garages 2BR, 1BA, plenty of on site parking. For showing instructions e-mail brokers in formation, The seller has directed that all offers on this this listing must be made online in HomePath.com. See remarks for special financing and further instructions.

Last Agent to Sell the Property

Mario Silva

Las Casas Realty, Inc. License #00782751 Listed on: 12/04/2011

Last Buyer's Agent

Mario Silva

Las Casas Realty, Inc. License #00782751 Listed on: 12/04/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,917

Year Built

  • Built in 1925

Lot Details

  • 5,488

Interior Spaces

  • 2,046 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Car Garage
  • Uncovered Parking

Additional Features

  • 5,488 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5022-009-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,917

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2046
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 146.14

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Garage, Uncovered
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 70000
  • Assessed Land Value: 500000
  • Assessor Parcel Number: 5022-009-015
  • Lot Size Area: 5488

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 6.94
  • Number Of Units: 3
  • Total Annual Expense: 3300
  • Type Of Units: 3
  • Vacancy Rate: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Varela Manuel A and Varela Cecilia
Bought by
Varela Manuel A
Current Estimated Value
$901,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$375,800
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$525,867

Purchase Details

Closed on
Jul 7, 2017
Sold by
Varela Manuel A
Bought by
Varela Manuel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2016
Sold by
Heredia Linda and Varela Linda
Bought by
Varela Manuel

Purchase Details

Listed on
Dec 4, 2011
Closed on
Mar 1, 2012
Sold by
Federal National Mortgage Association
Bought by
Varela Manuel A and Varela Linda Y
Seller's Agent
Mario Silva
Las Casas Realty, Inc.
Buyer's Agent
Mario Silva
Las Casas Realty, Inc.
List Price
$324,900
Sold Price
$299,999
Premium/Discount to List
-$24,901
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$224,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2011
Sold by
Sanchez Rafaela Reyna
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 2, 2010
Sold by
Sanchez Rafaela Reyna
Bought by
Reyna Rafaela and Estrada Enrrique

Purchase Details

Closed on
Feb 6, 2007
Sold by
Horn Randy D and Horn Laurie J
Bought by
Sanchez Rafaela Reyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 15, 2004
Sold by
Horn Laurie
Bought by
Horn Randy D and Horn Laurie J

Purchase Details

Closed on
Aug 27, 2003
Sold by
Horn Randy
Bought by
Horn Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2002
Sold by
Horn Laurie
Bought by
Horn Randy D and Horn Laurie

Purchase Details

Closed on
Jan 18, 2002
Sold by
Ordonez Laurie
Bought by
Horn Randy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 15, 2000
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jan 14, 2000
Sold by
Prado Abel and Renteria Elias
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Mar 12, 1996
Sold by
Espinoza Lorenzo
Bought by
Prado Abel and Renteria Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,800
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 1995
Sold by
Espinoza Cynthia C
Bought by
Espinoza Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.58%

Purchase Details

Closed on
Oct 18, 1995
Sold by
Coast Federal Bank Fsb
Bought by
Espinoza Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.58%

Purchase Details

Closed on
Jun 2, 1995
Sold by
Henderson Wendell O and Henderson Nedra M
Bought by
Coast Federal Bank Fsb
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
Varela Manuel A -- Atlas Title Company
Varela Manuel A -- Chicago Title
Varela Manuel -- None Available
Varela Manuel A $299,000 Servicelink
Federal National Mortgage Association $600,213 None Available
Reyna Rafaela -- None Available
Sanchez Rafaela Reyna $634,000 Chicago Title
Horn Randy D -- Chicago Title Co
Horn Laurie -- Chicago Title Co
Horn Randy D -- First American Title Co
Horn Laurie -- First American Title Co
Horn Randy D -- Stewart Title
Horn Randy D $195,000 Stewart Title
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $194,506 Fidelity National Title Ins
Prado Abel $189,000 First American Title Co
Espinoza Lorenzo -- --
Espinoza Lorenzo $100,000 --
Coast Federal Bank Fsb $106,864 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varela Manuel A $415,000
Closed Varela Manuel A $400,000
Closed Varela Manuel A $283,500
Closed Varela Manuel A $224,250
Previous Owner Sanchez Rafaela R $31,200
Previous Owner Sanchez Rafaela Reyna $125,000
Previous Owner Sanchez Rafaela Reyna $507,200
Previous Owner Horn Laurie $318,250
Previous Owner Horn Randy D $25,000
Previous Owner Horn Randy D $156,000
Previous Owner Prado Abel $183,800
Previous Owner Espinoza Lorenzo $80,000
Closed Horn Randy D $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $299,999 -7.7% $147 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
12/04/2011 12/04/11 For Sale $324,900 -- $159 / Sq Ft
Source: The MLS

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 $4,917 $375,548 $251,206 $124,342
2024 $4,917 $368,185 $246,281 $121,904
2023 $4,833 $360,966 $241,452 $119,514
2022 $4,626 $353,889 $236,718 $117,171
2021 $4,557 $346,951 $232,077 $114,874
2020 $4,597 $343,395 $229,698 $113,697
2019 $4,430 $336,663 $225,195 $111,468
2018 $4,328 $330,063 $220,780 $109,283
2016 $4,124 $317,248 $212,207 $105,041
2015 $4,067 $312,484 $209,020 $103,464
2014 $4,101 $306,364 $204,926 $101,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-569347

The MLS

APN: 5022-009-015