NOT LISTED FOR SALE

Estimated Value: $685,000 - $847,000

8 Beds
6 Baths
3,584 Sq Ft
$205/Sq Ft Est. Value

Last Sold December 05, 2012

Last sale price $215,000 $60 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $4,110/month

29 Days on Market

Highlights

  • Mountain View
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Laundry Room

About This Home

As of December 2012

HUGE PRICE REDUCTION!! EXCELLENT INCOME OPPORTUNITY!! Very nice & clean 4-PLEX has newer exterior & interior paint,new tile flooring, carpet flooring, newer garage doors plus side doors installed in each garage, new security screen doors & much more. Each of the unit has over 900 SF living space, 2 bedrooms & 2 full baths. Nice size living room, dining area next to the kitchen, nice size kitchen with all appliances. Tile flooring in the living room, dining area, kitchen & bathroom. There are washer & dryer hook ups for each unit. All bedrooms are good size with carpet floor & has walk-in closet. Each unit has its private back yards with privacy fencing. Nice size detached single car garage for each unit. Nicely landscaped yard. Beautiful Mountain View all around. This property is in good condition & may qualify for all financing. Motivated seller may assist with buyer closing cost. Buyer to verify all information.

Last Agent to Sell the Property

Mohammad Alam

ALAM REALTY License #01457818 Listed on: 09/04/2012

Last Buyer's Agent

Mohammad Alam

ALAM REALTY License #01457818 Listed on: 09/04/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.39

Parking

  • 4 Car Garage

Home Design

  • Combination Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,584 Sq Ft Home
  • Vinyl Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Additional Features

  • 0.39 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 4412
  • Assessor Parcel Number 0441192030000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0.39 Acres

Parking

4

Listing Details

  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 0441192030000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Appliances: Yes
  • Price Per Square Foot: 59.99

Exterior Features

  • Foundation: Combination
  • View: Mountain(s)
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 17040.00
  • Lot Size Acres: 0.3910

Multi Family

  • Lot Size Area: 17040.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 4412
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2012
Closed on
Oct 10, 2012
Sold by
Spiteri David Emmanuel
Bought by
Arauz Juan A
Seller's Agent
Mohammad Alam
ALAM REALTY
Buyer's Agent
Mohammad Alam
ALAM REALTY
List Price
$269,000
Sold Price
$215,000
Premium/Discount to List
-$54,000
-20.07%
Current Estimated Value
$733,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,389
Avg. Annual Appreciation
9.67%
Original Mortgage
$161,250
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2009
Sold by
Wells Fargo Bank Na
Bought by
Spiteri David Emmanuel

Purchase Details

Closed on
Jun 8, 2009
Sold by
Jaeger George H and Jaeger Nancy J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 19, 2005
Sold by
Freeman Douglas F and Freeman Joan E
Bought by
Jaeger George H and Jaeger Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,600
Interest Rate
6.26%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 24, 2004
Sold by
Wilson James A and Bennett Ann Kimberley
Bought by
Freeman Douglas F and Freeman Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2003
Sold by
Halprin Robert W and Halprin Jacqueline B
Bought by
Wilson James A and Bennett Ann Kimberley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arauz Juan A $229,000 Chicago Title
Spiteri David Emmanuel $150,000 Chicago Title Company
Wells Fargo Bank Na $169,000 None Available
Jaeger George H $504,500 United Title San Diego
Freeman Douglas F $409,000 Southland Title Corporation
Wilson James A $200,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arauz Juan A $161,250
Previous Owner Jaeger George H $403,600
Previous Owner Freeman Douglas F $267,000
Previous Owner Wilson James A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2012 12/05/12 Sold $215,000 -20.1% $60 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $269,000 -- $75 / 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 $3,531 $264,756 $18,470 $246,286
2024 $3,435 $259,565 $18,108 $241,457
2023 $3,400 $254,476 $17,753 $236,723
2022 $3,346 $249,486 $17,405 $232,081
2021 $3,271 $244,594 $17,064 $227,530
2020 $3,229 $242,086 $16,889 $225,197
2019 $3,169 $237,339 $16,558 $220,781
2018 $3,093 $232,685 $16,233 $216,452
2017 $3,049 $228,123 $15,915 $212,208
2016 $2,766 $223,650 $15,603 $208,047
2015 $2,724 $220,291 $15,369 $204,922
2014 $2,687 $215,976 $15,068 $200,908
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12110381

California Regional Multiple Listing Service (CRMLS)

APN: 0441-192-03

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