NOT LISTED FOR SALE

Estimated Value: $1,044,000 - $1,305,000

5 Beds
2 Baths
1,964 Sq Ft
$617/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $790,000 $402 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,589/month

13 Days on Market

About This Home

As of June 2017

2 homes on an expansive 10,669 sq. ft. lot in desirable Mayflower Village. Run, don't walk to this investment opportunity. Front home offers 3 beds 1 bath with original hardwood floors, central air and heat, fresh paint throughout, enclosed private backyard, detached 2 car garage and lovely covered front porch. Back home offers 2 bed and 1 bath with attached 2 car garage and large private backyard. Both homes have newer roofs and front home has been retrofitted. This property is close to the Gold Line, shopping and walking distance to Plymouth Elementary and Santa Fe Junior High.

Last Agent to Sell the Property

Jodi Breneman

Douglas Elliman of California Inc. License #01320432 Listed on: 04/07/2017

Douglas Elliman of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,365

Year Built

  • Built in 1949

Lot Details

  • 10,669 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 1,964 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Tax Lot 15
  • Tax Tract Number 13978
  • Assessor Parcel Number 8509014004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $1,922
  • Trash Expense $259
  • Water Sewer Expense $751
  • Operating Expense $3,892
  • Gross Income $35,100
  • Net Operating Income $31,208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,365

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 6267052183
  • Other Phone Number: 6267052183
  • Property Attached: No
  • Water Sewer Expenses: 751.00
  • Zoning: LCR1YY
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 8509014004
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 402.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 259.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10669.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Gross Income: 35100.00
  • Gross Scheduled Income: 35100.00
  • Insurance Expense: 1922.00
  • Net Operating Income: 31208.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3892.00
  • Rent Control: No
  • Total Expenses: 3892.00

Tax Info

  • Tax Census Tract: 4313.00
  • Tax Lot: 15
  • Tax Tract Number: 13978

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Apr 20, 2017
Sold by
Baliozian Vahe
Bought by
Baliozian Vahe H and Baliozian Trust
Seller's Agent
Jodi Breneman
Douglas Elliman of California Inc.
List Price
$779,000
Sold Price
$790,000
Premium/Discount to List
$11,000
1.41%
Current Estimated Value
$1,213,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,138
Avg. Annual Appreciation
5.36%
Original Mortgage
$544,000
Outstanding Balance
$450,623
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$761,190

Purchase Details

Closed on
Dec 14, 1993
Sold by
Williamson Rodney L M and Williamson Anna M
Bought by
Williamson Rodney Lee Macgregor and Williamson Rodney L M
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
Baliozian Vahe H -- Chicago Title Company
Baliozian Vahe $790,000 Chicago Title Company
Williamson Rodney Lee Macgregor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baliozian Vahe $544,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $790,000 +1.4% $402 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $779,000 -- $397 / 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 $11,365 $916,857 $550,114 $366,743
2024 $11,365 $898,880 $539,328 $359,552
2023 $10,933 $881,255 $528,753 $352,502
2022 $10,605 $863,977 $518,386 $345,591
2021 $10,398 $847,037 $508,222 $338,815
2020 $10,057 $838,352 $503,011 $335,341
2019 $9,881 $821,915 $493,149 $328,766
2018 $9,587 $805,800 $483,480 $322,320
2016 $1,475 $79,896 $33,112 $46,784
2015 $1,447 $78,697 $32,615 $46,082
2014 $1,450 $77,157 $31,977 $45,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17074204

California Regional Multiple Listing Service (CRMLS)

APN: 8509-014-004