NOT LISTED FOR SALE
2 Beds
2 Baths
3,584 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: September 26, 2018

Last sale price $400,000 $112 Per Sq Ft

58 Days on Market

Highlights

  • Lawn
  • Mountainous Community
  • 1-Story Property

About This Home

As of September 2018

This is your chance to finally own this income property. This property has served its owner well for 22 years. Four units total all two bedroom two bath. Walk-in closet in both bedrooms. Laundry hook ups inside the unit. One car detached garage for each unit. Owner pays for water, trash, sewer. Must see property.

Last Agent to Sell the Property

Dorance Creighton

CREIGHTON REAL ESTATE License #01754629 Listed on: 05/20/2018

Last Buyer's Agent

Brad Hilt

Brad Hilt, Broker License #00581757

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 17,040 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,584 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 4112
  • Assessor Parcel Number 0441192120000

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Mountainous Community

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,354
  • Trash Expense $2,708
  • Water Sewer Expense $3,098
  • New Taxes Expense $4,042
  • Operating Expense $11,202
  • Gross Income $36,000
  • Net Operating Income $24,798

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0.39 Acres

Parking

4

Listing Details

  • CapRate: 6.30
  • Property Attached: Yes
  • Water Sewer Expenses: 3098.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0441192120000
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 111.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 2708.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 17040.00

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1354.00
  • Net Operating Income: 24798.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Operating Expense: 11202.00
  • Rent Control: No
  • Total Actual Rent: 8100.00
  • Total Expenses: 11202.00

Tax Info

  • New Taxes Expense: 4042.00
  • Tax Census Tract: 97.14
  • Tax Lot: 15
  • Tax Tract Number: 4112

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2018
Closed on
Sep 19, 2018
Sold by
Thun Darrell
Bought by
Seller's Agent
Dorance Creighton
CREIGHTON REAL ESTATE
Buyer's Agent
Brad Hilt
Brad Hilt, Broker
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 3, 1996
Sold by
Federal National Mortgage Association
Bought by
Thun Darrell

Purchase Details

Closed on
Feb 29, 1996
Sold by
Lopez Raymond E and Lopez Joy E
Bought by
Federal National Mortgage Association
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 Fidelity National Title Comp
Thun Darrell $85,000 First American Title Ins Co
Federal National Mortgage Association $141,488 American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $314,200
Closed Abreau Jean Lucocmu D $304,500
Closed Abreau Jean L D $290,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/26/2018 09/26/18 Sold $400,000 +1.3% $112 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/06/2018 07/06/18 Price Changed $395,000 0.0% $110 / Sq Ft
07/06/2018 07/06/18 For Sale $395,000 +2.6% $110 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/20/2018 05/20/18 For Sale $385,000 -- $107 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,417 $337,251 $34,134 $303,117
2025 $4,417 $330,639 $33,465 $297,174
2024 $4,478 $324,156 $32,809 $291,347
2023 $5,882 $317,801 $32,166 $285,635
2022 $6,820 $420,471 $31,535 $388,936
2021 $5,139 $412,227 $30,917 $381,310
2020 $6,873 $408,000 $30,600 $377,400
2019 $5,693 $400,000 $30,000 $370,000
2018 $1,863 $121,668 $7,158 $114,510
2017 $1,835 $119,283 $7,018 $112,265
2016 $1,573 $116,944 $6,880 $110,064
2015 $1,548 $115,188 $6,777 $108,411
2014 $1,527 $112,931 $6,644 $106,287
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18119369

California Regional Multiple Listing Service (CRMLS)

APN: 0441-192-12

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