NOT LISTED FOR SALE

Estimated Value: $364,000 - $718,819

7 Beds
6 Baths
2,075 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 10, 2013

Last sale price $320,000 $154 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,201/month

68 Days on Market

About This Home

As of July 2013

PRICED BELOW MARKET!

Standard Sale! Fully leased 3BR/2BA house and detached duplex with 2BR/1BA each on same parcel. Off street parking. Quiet, cul de sac location. New roof. Tile floors and upgraded interiors. All units have small yards. Great investment opportunity or live on site and manage the other units. Send your offer subject to inspection. Currently rented at below-market rents. PLEASE DO NOT DISTURB TENANTS.

PURCHASE INDIVIDUALLY OR AS A PORTFOLIO PACKAGE WITH 5952 TYLER ST. AND 3553 PARK AVE., BOTH IN RIVERSIDE FOR A TOTAL OF 13 UNITS!

Last Agent to Sell the Property

Phil Percival

Team Diamond Homes License #01420682 Listed on: 05/27/2013

Last Buyer's Agent

Peter Wu

Coldwell Banker Dynasty T.C. License #01930046

Coldwell Banker Dynasty T.C.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 2,075 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • Urban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 35
  • Assessor Parcel Number 211111017

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • Insurance Expense $778
  • Maintenance Expense $1,740
  • Water Sewer Expense $900
  • New Taxes Expense $1,594
  • Gross Income $3,150
  • Net Operating Income $25,768

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • CapRate: 7.80
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 211111017
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 154.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 3150.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 778.00
  • Lot Size Area: 6534.0000 Square Feet
  • Maintenance Expense: 1740.00
  • Net Operating Income: 25768.00
  • Number Of Separate Electric Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 5012.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 1594.00
  • Tax Lot: 24
  • Tax Tract Number: 35
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2013
Closed on
Jul 3, 2013
Sold by
Roushanzamir Traci
Bought by
Roushanzamir Ali
Seller's Agent
Phil Percival
Team Diamond Homes
Buyer's Agent
Peter Wu
Coldwell Banker Dynasty T.C.
List Price
$399,000
Sold Price
$320,000
Premium/Discount to List
-$79,000
-19.8%
Current Estimated Value
$549,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,955
Avg. Annual Appreciation
4.38%

Purchase Details

Listed on
May 27, 2013
Closed on
Jun 14, 2013
Sold by
Roushanzamir Ali
Bought by
Lam Ping C
Seller's Agent
Phil Percival
Team Diamond Homes
Buyer's Agent
Peter Wu
Coldwell Banker Dynasty T.C.
List Price
$399,000
Sold Price
$320,000
Premium/Discount to List
-$79,000
-19.8%

Purchase Details

Listed on
May 27, 2013
Closed on
Jun 13, 2013
Sold by
Liaw Debbie Hui Syn
Bought by
Lam Ping C
Seller's Agent
Phil Percival
Team Diamond Homes
Buyer's Agent
Peter Wu
Coldwell Banker Dynasty T.C.
List Price
$399,000
Sold Price
$320,000
Premium/Discount to List
-$79,000
-19.8%

Purchase Details

Closed on
Feb 8, 2013
Sold by
Johnson Jack and Johnson Carol
Bought by
Roushanzamir Ali

Purchase Details

Closed on
Jun 2, 2010
Sold by
Johnson Jack and Johnson Carol
Bought by
Roushanzamir Ali

Purchase Details

Closed on
Aug 27, 2009
Sold by
Assets Recovery Center Investments
Bought by
Johnson Jack and Johnson Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2008
Sold by
Reyes Jose B
Bought by
Assets Recovery Center Investments

Purchase Details

Closed on
May 25, 2004
Sold by
Reyes Alma
Bought by
Reyes Jose B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2002
Sold by
Roman Aurelio
Bought by
Reyes Jose B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2002
Sold by
Hud
Bought by
Roman Aurelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2000
Sold by
North American Mtg Company
Bought by
Hud

Purchase Details

Closed on
Oct 17, 2000
Sold by
Monina So
Bought by
North American Mtg Company

Purchase Details

Closed on
Jun 6, 1997
Sold by
Provident Svgs Bank Fsb
Bought by
So Monina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,962
Interest Rate
7.45%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 1997
Sold by
Gerardo Rosas
Bought by
Provident Svgs Bank Fsb
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
Roushanzamir Ali -- First American Title Company
Lam Ping C $310,000 First American Title Company
Lam Ping C -- First American Title Company
Roushanzamir Ali -- First American Title Company
Roushanzamir Ali -- None Available
Johnson Jack $70,000 Lawyers Title Insurance Corp
Assets Recovery Center Investments $265,000 Stewart Title Of California
Reyes Jose B -- Sut
Reyes Jose B $160,000 Security Union Title
Roman Aurelio $100,000 First American Title Co
Hud -- First American Title Ins Co
North American Mtg Company $82,097 United Title Company
So Monina $74,000 First American Title Ins Co
Provident Svgs Bank Fsb $102,746 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Jack $105,000
Previous Owner Reyes Jose B $225,000
Previous Owner Reyes Jose B $144,000
Previous Owner Roman Aurelio $90,000
Previous Owner So Monina $73,962
Closed Reyes Jose B $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2013 07/10/13 Sold $320,000 -19.8% $154 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
03/30/2013 03/30/13 For Sale $399,000 -- $192 / 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 $4,147 $380,001 $98,061 $281,940
2023 $4,147 $365,247 $94,254 $270,993
2022 $4,053 $358,086 $92,406 $265,680
2021 $4,004 $351,066 $90,595 $260,471
2020 $3,974 $347,468 $89,667 $257,801
2019 $3,899 $340,656 $87,909 $252,747
2018 $3,823 $333,978 $86,186 $247,792
2017 $3,756 $327,431 $84,497 $242,934
2016 $3,516 $321,012 $82,841 $238,171
2015 $3,466 $316,193 $81,598 $234,595
2014 $3,433 $310,000 $80,000 $230,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13055261

California Regional Multiple Listing Service (CRMLS)

APN: 211-111-017

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