NOT LISTED FOR SALE

2108 Spanos St Antioch, CA 94509

North Antioch Neighborhood

Estimated Value: $734,000 - $1,050,000

8 Beds
4 Baths
3,300 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $490,000 $148 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,103/month

59 Days on Market

Highlights

  • Coin Laundry
  • Security Fence
  • 1-Story Property

About This Home

As of September 2015

Great Remodeled 4-Unit Income Property in Gated Community! All 2-Bed 1 Bath units were Updated from last year w/Dual Pane Windows, Newer Paint Inside and Outside. Each unit has 825 SF Living Space w/Living Room, Eating Area & Kitchen. Carport out front w/a Storage Room for each Unit. Separate Electric & Gas Meters. Laundry Rm. Balconies for Top Floor. Great Income with Room to Higher Rent Rate and Easy to Manage. Can only Access the Complex through the Security Gate from Mahogany Way. No Sign on Property.

Last Agent to Sell the Property

Melissa Chan

Help U Sell Alpha Paladins Realty License #01835639 Listed on: 06/10/2015

Last Buyer's Agent

Melissa Chan

Help U Sell Alpha Paladins Realty License #01835639 Listed on: 06/10/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 8,364 Sq Ft Lot
  • Security Fence

Parking

  • 1 Carport Space

Home Design

  • Quadruplex
  • Reinforced Concrete Foundation
  • Shingle Roof

Interior Spaces

  • 3,300 Sq Ft Home
  • 1-Story Property

Utilities

  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $61,080

Community Details

Building Details

  • 4 Leased Units
  • Insurance Expense $860
  • Maintenance Expense $2,000
  • Utility Expense $3,000
  • Operating Expense $10,585
  • Gross Income $60,469

Additional Features

  • Property has a Home Owners Association
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

8,364 Sq Ft Lot

Listing Details

  • Zoning: Quadruplex
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Living Sq Ft: 3300
  • Stories: 1
  • Security: Security Fence
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Reinforced Concrete
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 160
  • HOA Exist: Yes

Lot Info

  • Lot Acres: 0.1920
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8370.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8370.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 8.17
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 860
  • Expense Maintenance: 2000
  • Expenses Total: 10585
  • Expenses Utility: 3000
  • Income Annual Gross: 60469.00
  • Income Annual Rental: 61080
  • Income Gross Scheduled: 61080
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2015
Closed on
Sep 10, 2015
Sold by
Maciel Juan Carlos
Bought by
Kuan Chi Hong and Liang An Qi
Seller's Agent
Melissa Chan
Help U Sell Alpha Paladins Realty
Buyer's Agent
Melissa Chan
Help U Sell Alpha Paladins Realty
List Price
$559,000
Sold Price
$490,000
Premium/Discount to List
-$69,000
-12.34%
Current Estimated Value
$849,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,915
Avg. Annual Appreciation
5.42%
Original Mortgage
$337,500
Outstanding Balance
$264,631
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$585,284

Purchase Details

Closed on
Apr 1, 2014
Sold by
The Secretary Of The Department Of Housi
Bought by
Maciel Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,851
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2012
Sold by
Everbank
Bought by
Department Of Housing & Urban Developmen

Purchase Details

Closed on
Oct 12, 2012
Sold by
Munene Charity
Bought by
Everbank

Purchase Details

Closed on
Aug 4, 2009
Sold by
The Bank Of New York
Bought by
Munene Charity

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2009
Sold by
Rodriguez Luis
Bought by
The Bank Of New York

Purchase Details

Closed on
Aug 26, 2005
Sold by
Larimer Paul S
Bought by
Rodriguez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,800
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2005
Sold by
Rodriguez Faviola
Bought by
Rodriguez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,800
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2004
Sold by
Birdsall Leslie H
Bought by
Larimer Paul S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2003
Sold by
Birdsall Leslie H
Bought by
Birdsall Leslie H

Purchase Details

Closed on
Oct 9, 2002
Sold by
Birdsall Leslie H and Phyllis Birdsall M
Bought by
Birdsall Leslie H and Phyllis Birdsall M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2001
Sold by
Birdsall Leslie H and Birdsall Mary P
Bought by
Birdsall Leslie H and Phyllis Birdsall M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2001
Sold by
Birdsall Leslie H and Phyllis Birdsall M
Bought by
Birdsall Leslie H and Phyllis Birdsall M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 1999
Sold by
Birdsall Leslie H and Birdsall Phyllis M
Bought by
Birdsall Leslie H and Phyllis Birdsall M
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
Kuan Chi Hong $490,000 Chicago Title Company
Maciel Juan Carlos $350,500 First American Title Company
Department Of Housing & Urban Developmen -- Servicelink
Everbank $280,465 Accommodation
Munene Charity $285,000 Landsafe Title Company
The Bank Of New York $246,075 Landsafe Title
Rodriguez Luis $708,000 Old Republic Title
Rodriguez Luis -- Old Republic Title
Larimer Paul S $615,000 Chicago Title Co
Birdsall Leslie H -- --
Birdsall Leslie H -- First American Title
Birdsall Leslie H -- First American Title Guarant
Birdsall Leslie H -- First American Title Guarant
Birdsall Leslie H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuan Chi Hong $337,500
Previous Owner Maciel Juan Carlos $335,851
Previous Owner Munene Charity $260,200
Previous Owner Rodriguez Luis $424,800
Previous Owner Larimer Paul S $461,250
Previous Owner Birdsall Leslie H $300,000
Previous Owner Birdsall Leslie H $260,000
Closed Larimer Paul S $92,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2015 09/18/15 Sold $490,000 -12.3% $148 / Sq Ft
08/08/2015 08/08/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $559,000 -- $169 / Sq Ft
Source: MLSListings

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 $8,699 $580,056 $118,377 $461,679
2024 $8,170 $568,683 $116,056 $452,627
2023 $8,170 $557,533 $113,781 $443,752
2022 $8,062 $546,601 $111,550 $435,051
2021 $7,744 $535,884 $109,363 $426,521
2019 $7,570 $519,991 $106,120 $413,871
2018 $7,300 $509,796 $104,040 $405,756
2017 $7,091 $499,800 $102,000 $397,800
2016 $6,911 $490,000 $100,000 $390,000
2015 $5,402 $357,094 $76,498 $280,596
2014 $5,219 $350,000 $100,000 $250,000
Source: Public Records

Agents Affiliated with this Home

  • Melissa Chan

    Seller's Agent in 2015

    Melissa Chan

    Help U Sell Alpha Paladins Realty

    (408) 823-9079

    14 Total Sales

    Melissa Chan
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Map

Source: MLSListings

MLS Number: ML81469791

MLSListings

APN: 074-380-004-7

California Contra Costa County Antioch 94509 North Antioch

2108 Spanos St, Antioch, CA

Not Listed for Sale

MultiFamily

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