NOT LISTED FOR SALE

Estimated Value: $838,531 - $987,000

3 Beds
2 Baths
4,412 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $570,000 $129 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,383/month

107 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • 4 Car Garage
  • No HOA
  • Forced Air Heating and Cooling System
  • Rectangular Lot

About This Home

As of September 2020

RARE!!!! 4-UNIT Property - Each unit is: 3 Bedroom /2 Bath, 1,100 Sq.Ft. of gross living space. This property is a rare GEM for New or Seasoned Investors. Resident/Owners: this is a great opportunity to live in ONE; and have the other THREE Units pay your mortgage. Each has its own
water meter, with very low maintenance required. Property is in very good condition, has been improved and well maintained by current owners. All kitchens have been remodeled over the past three years. Property to be sold in its AS IS condition!!

Last Agent to Sell the Property

Sheree Goulet

Century 21 Masters License #00713261 Listed on: 05/06/2020

Century 21 Masters

Last Buyer's Agent

Sheree Goulet

Century 21 Masters License #00713261 Listed on: 05/06/2020

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,218

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 4,412 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, water
  • Tax Lot 212
  • Tax Tract Number 4112
  • Assessor Parcel Number 0441221050000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $600
  • Insurance Expense $1,200
  • Trash Expense $250
  • New Taxes Expense $7,250
  • Operating Expense $9,300
  • Gross Income $43,500
  • Net Operating Income $43,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,218

Year Built

Built in 1983 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: R-3
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 0441221050000
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Price Per Square Foot: 129.19
  • Room Type: All Bedrooms Down, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 17000.00
  • Lot Size Acres: 0.3903

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Water

Multi Family

  • Average3 Bed Area: 1100 Square Feet
  • Electric Expense: 600.00
  • Gross Income: 43500.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 17000.0000 Square Feet
  • Net Operating Income: 43500.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 9300.00
  • Rent Control: No
  • Total Actual Rent: 4400.00
  • Total Expenses: 9300.00

Tax Info

  • New Taxes Expense: 7250.00
  • Tax Census Tract: 97.16
  • Tax Lot: 212
  • Tax Tract Number: 4112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Sultani Mustafa
Bought by
Elsayed Edy
Current Estimated Value
$911,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Outstanding Balance
$544,578
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$367,055

Purchase Details

Listed on
May 6, 2020
Closed on
Sep 17, 2020
Sold by
Sultani Nazifa Noori
Bought by
Sultani Mustafa
Seller's Agent
Sheree Goulet
Century 21 Masters
Buyer's Agent
Sheree Goulet
Century 21 Masters
List Price
$579,900
Sold Price
$570,000
Premium/Discount to List
-$9,900
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$427,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2020
Closed on
Aug 19, 2020
Sold by
Stewart Cornel and Stewart Jeannette
Bought by
Sultani Mustafa
Seller's Agent
Sheree Goulet
Century 21 Masters
Buyer's Agent
Sheree Goulet
Century 21 Masters
List Price
$579,900
Sold Price
$570,000
Premium/Discount to List
-$9,900
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2017
Closed on
Mar 8, 2017
Sold by
Acosta Diana
Bought by
Stewart Cornel and Stewart Jeannette
Seller's Agent
Ambrosio Acosta
1St Class Realty
Buyer's Agent
Sheree Goulet
Century 21 Masters
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$393,736
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 13, 2013
Closed on
Jun 12, 2013
Sold by
Acosta Rene
Bought by
Acosta Diana
Seller's Agent
Robert Vicuna
RV Realty Inc.
Buyer's Agent
Robert Vicuna
RV Realty Inc.
List Price
$250,000
Sold Price
$253,000
Premium/Discount to List
$3,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$218,813
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2012
Sold by
Acosta Ambrosio
Bought by
Acosta Rene

Purchase Details

Closed on
Nov 15, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Acosta Ambrosio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,217
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2011
Sold by
Ekanem Catherine
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 27, 2005
Sold by
Mufti M Umair
Bought by
Ekanem Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,650
Interest Rate
7.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 6, 2005
Sold by
Keating Lindsay Christopher K
Bought by
Mufti M Umair

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
5.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 12, 2003
Sold by
Homotoff Stephen
Bought by
Homotoff Stephen

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
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2003
Sold by
High Desert Propertys
Bought by
Homotoff Stephen

Purchase Details

Closed on
Feb 18, 2003
Sold by
Homotoff Stephen
Bought by
Homotoff Stephen

Purchase Details

Closed on
Sep 19, 2001
Sold by
Homotoff Stephen
Bought by
Homotoff Stephen and The Stephen Homotoff Living Tr

Purchase Details

Closed on
Oct 14, 1999
Sold by
Albedo Corp
Bought by
Pembritton

Purchase Details

Closed on
Aug 12, 1998
Sold by
Homotoff Stephen Daniel
Bought by
Albedo Corp

Purchase Details

Closed on
Aug 8, 1997
Sold by
Homotoff Brenda
Bought by
Homotoff Stephen D

Purchase Details

Closed on
Aug 7, 1997
Sold by
Great Western Bank
Bought by
Homotoff Stephen D

Purchase Details

Closed on
May 5, 1997
Sold by
Howarth Harold and Howarth Jacqueline C
Bought by
Great Western 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
Elsayed Edy $920,000 Orange Coast Title Company
Sultani Mustafa -- First American Title Company
Sultani Mustafa $570,000 First American Title Company
Stewart Cornel $405,000 Pacific Coast Title Company
Acosta Diana $253,000 First American Title Company
Acosta Rene -- First American Title Company
Acosta Ambrosio $153,500 Placer Title Company
Hsbc Bank Usa National Association $150,000 Lps Default Title & Closing
Ekanem Catherine $549,000 Financial Title Co Sb
Mufti M Umair -- Financial Title Co Sb
Mufti M Umair -- Financial Title Co Sb
Homotoff Stephen -- Ticor Title Co
Homotoff Stephen -- --
High Desert Propertys -- --
High Desert Propertys -- --
Homotoff Stephen -- --
Homotoff Stephen -- --
Pembritton -- --
Albedo Corp -- --
Homotoff Stephen D -- Stewart Title Company
Homotoff Stephen D $85,000 Stewart Title Company
Great Western Bank Fsb $85,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elsayed Edy $552,000
Previous Owner Sultani Mustafa $427,500
Previous Owner Stewart Cornel $393,736
Previous Owner Acosta Diana $218,813
Previous Owner Acosta Ambrosio $149,217
Previous Owner Ekanem Catherine $466,650
Previous Owner Mufti M Umair $360,000
Previous Owner Homotoff Stephen $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2020 09/22/20 Sold $570,000 -1.7% $129 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $579,900 +43.2% $131 / Sq Ft
03/24/2017 03/24/17 Sold $405,000 +1.3% $92 / Sq Ft View Prior Sale
02/02/2017 02/02/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $399,900 +58.1% $91 / Sq Ft
06/20/2013 06/20/13 Sold $253,000 +1.2% $57 / Sq Ft View Prior Sale
06/20/2013 06/20/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $250,000 +63.5% $57 / Sq Ft
01/30/2012 01/30/12 Sold $152,900 -7.6% $35 / Sq Ft View Prior Sale
10/24/2011 10/24/11 Pending -- -- --
06/29/2011 06/29/11 For Sale $165,500 -- $38 / 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
2025 $7,218 $938,400 $102,000 $836,400
2024 $7,218 $604,888 $31,836 $573,052
2023 $7,151 $593,028 $31,212 $561,816
2022 $7,042 $581,400 $30,600 $550,800
2021 $6,882 $570,000 $30,000 $540,000
2020 $6,226 $429,789 $21,224 $408,565
2019 $5,207 $421,362 $20,808 $400,554
2018 $5,080 $413,100 $20,400 $392,700
2017 $2,591 $186,743 $15,915 $170,828
2016 $2,316 $183,081 $15,603 $167,478
2015 $2,807 $180,331 $15,369 $164,962
2014 $2,249 $254,149 $20,091 $234,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20080738

California Regional Multiple Listing Service (CRMLS)

APN: 0441-221-05