NOT LISTED FOR SALE

Estimated Value: $725,000 - $844,000

4 Beds
2 Baths
1,788 Sq Ft
$449/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $315,000 $176 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $4,843/month

12 Days on Market

About This Home

As of August 2013

THIS IS A SHORT SALE. This is a great opportunity for investors, this property is great, It does need a little TLC. It is section 8 approved.

Last Agent to Sell the Property

Abel Salazar

Mark 1 Real Estate Inc License #01822398 Listed on: 03/29/2013

Last Buyer's Agent

Marivel Kuenstler

Compass License #00968395

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,733

Year Built

  • Built in 1947

Lot Details

  • 6,311 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • Property Attached

Interior Spaces

  • 1,788 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 142
  • Tax Tract Number 13545
  • Assessor Parcel Number 6058001009

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Property is near a preserve or public land

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $550
  • Trash Expense $30
  • Water Sewer Expense $100
  • New Taxes Expense $4,758
  • Gross Income $2,400
  • Net Operating Income $35,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,733

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Improvements Amount: 105000
  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 6058001009
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 176.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 30.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Lot Info

  • Land Value: 295000
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6311.00
  • Lot Size Acres: 0.1450

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 50000.00
  • Insurance Expense: 550.00
  • Lot Size Area: 6311.0000 Square Feet
  • Net Operating Income: 35550.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4758.00
  • Tax Lot: 142
  • Tax Tract Number: 13545
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Oliver Cynthia
Bought by
Oliver Living Trust and Oliver
Current Estimated Value
$802,594

Purchase Details

Listed on
Mar 29, 2013
Closed on
Jul 5, 2013
Sold by
Parkinson Don
Bought by
Moore Oliver Cynthia
Seller's Agent
Abel Salazar
Mark 1 Real Estate Inc
Buyer's Agent
Marivel Kuenstler
Compass
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$236,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2006
Sold by
Parkinson Don and Parkinson Jumoke
Bought by
Parkinson Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 13, 2004
Sold by
Rawls Wallace E and Rawls Tonya L
Bought by
Olayele Jumoke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oliver Living Trust -- None Listed On Document
Moore Oliver Cynthia $315,000 Chicago Title Company
Parkinson Don -- Accommodation
Olayele Jumoke $1,822,545 Gateway Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Oliver Cynthia $234,000
Previous Owner Moore Oliver Cynthia $236,250
Previous Owner Parkinson Don $461,420
Previous Owner Parkinson Don $60,000
Previous Owner Parkinson Don $50,000
Previous Owner Olayele Jumoke $440,000
Previous Owner Olayele Jumoke $286,400
Previous Owner Rawls Wallace E $207,000
Previous Owner Rawls Wallace E $158,043
Closed Olayele Jumoke $71,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $315,000 +5.0% $176 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $300,000 -- $168 / 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 $5,733 $386,137 $306,461 $79,676
2024 $5,733 $378,566 $300,452 $78,114
2023 $5,475 $371,144 $294,561 $76,583
2022 $5,240 $363,868 $288,786 $75,082
2021 $5,183 $356,734 $283,124 $73,610
2019 $5,035 $346,155 $274,727 $71,428
2018 $4,937 $339,369 $269,341 $70,028
2016 $4,733 $326,192 $258,883 $67,309
2015 $4,663 $321,293 $254,995 $66,298
2014 $4,669 $315,000 $250,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13056757

California Regional Multiple Listing Service (CRMLS)

APN: 6058-001-009