NOT LISTED FOR SALE

217 7th St King City, CA 93930

Estimated Value: $461,283 - $581,000

3 Beds
2 Baths
1,099 Sq Ft
$463/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $362,500 $330 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,205/month

106 Days on Market

About This Home

As of June 2020

Two homes on one lot! Great opportunity to own an investment property or rent one and live in the other. Both units have been recently updated. Updates include new roof, tile flooring, interior paint, exterior paint and more.

Last Agent to Sell the Property

Juan Del Real

Remax Property Experts License #01453441 Listed on: 01/17/2020

Remax Property Experts

Last Buyer's Agent

Jorge Edeza

Remax Property Experts License #01864213

Remax Property Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,492

Year Built

  • 1934

Lot Details

  • 6,098

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,099 Sq Ft Home
  • 1-Story Property

Additional Features

  • 6,098 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $33,000

Community Details

Overview

  • 1,099 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,200
  • Manager Expense $1,980
  • Other Expense $264
  • Operating Expense $5,844
  • Gross Income $32,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,492

Year Built

1934

Lot Details

0

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Age: 86
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1099
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1934

Interior Features

  • Living Sq Ft: 1099
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: King City Joint Union High

Lot Info

  • Lot Acres: 0.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6100.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.51
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Management: 1980
  • Expenses Other: 264
  • Expenses Total: 5844
  • Income Annual Gross: 32670.00
  • Income Annual Rental: 33000
  • Income Gross Scheduled: 33000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jun 24, 2020
Sold by
Jjac Properties Llc
Bought by
Morales Hector M Hernandez and Ortiz Hernandez Paloma
Seller's Agent
Juan Del Real
Remax Property Experts
Buyer's Agent
Jorge Edeza
Remax Property Experts
List Price
$379,900
Sold Price
$362,500
Premium/Discount to List
-$17,400
-4.58%
Current Estimated Value
$519,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,017
Avg. Annual Appreciation
7.27%
Original Mortgage
$355,933
Outstanding Balance
$317,590
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$201,901

Purchase Details

Closed on
Mar 14, 2018
Sold by
Real Juan Ignacio Del and Rodriguez Isabel
Bought by
J Jac Properties Llc

Purchase Details

Listed on
Jun 7, 2016
Closed on
Aug 25, 2016
Sold by
Christiana Trust
Bought by
Del Real Juan Ignacio and Rodriguez Isable
Seller's Agent
Andres Fernandez
Bay Shore Real Estate, Inc.
Buyer's Agent
Juan Del Real
Remax Property Experts
List Price
$199,900
Sold Price
$183,000
Premium/Discount to List
-$16,900
-8.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%

Purchase Details

Listed on
Jun 7, 2016
Closed on
Aug 17, 2016
Sold by
Del Real Jessica
Bought by
Del Real Juan Ignacio
Seller's Agent
Andres Fernandez
Bay Shore Real Estate, Inc.
Buyer's Agent
Juan Del Real
Remax Property Experts
List Price
$199,900
Sold Price
$183,000
Premium/Discount to List
-$16,900
-8.45%

Purchase Details

Closed on
Feb 18, 2015
Sold by
Hernandez Christopher V and Hernandez Carolyn C
Bought by
Christiana Trust and Arlp Trust 3

Purchase Details

Closed on
Jan 23, 2003
Sold by
Diaz Magdalena
Bought by
Hernandez Christopher V and Hernandez Carolyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.5%
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
Morales Hector M Hernandez $362,500 Old Republic Title Company
J Jac Properties Llc -- None Available
Del Real Juan Ignacio $192,000 Premium Title Of Ca Inc
Del Real Juan Ignacio -- Premium Title Of Ca Inc
Christiana Trust $185,000 Premium Title
Hernandez Christopher V -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Hector M Hernandez $355,933
Previous Owner Hernandez Christopher $47,500
Previous Owner Hernandez Christopher $332,500
Previous Owner Hernandez Christopher $179,000
Previous Owner Hernandez Christopher V $121,500
Previous Owner Diaz Magdalena $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $362,500 -4.6% $330 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
04/18/2020 04/18/20 For Sale $379,900 0.0% $346 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $379,900 +107.6% $346 / Sq Ft
09/08/2016 09/08/16 Sold $183,000 -8.5% $308 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $199,900 0.0% $337 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $199,900 -- $337 / Sq Ft
Source: MLSListings

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 $4,492 $396,442 $164,045 $232,397
2024 $4,492 $388,670 $160,829 $227,841
2023 $4,560 $381,050 $157,676 $223,374
2022 $4,294 $373,580 $154,585 $218,995
2021 $4,102 $366,255 $151,554 $214,701
2020 $2,349 $203,255 $106,120 $97,135
2019 $2,292 $199,271 $104,040 $95,231
2018 $2,255 $195,364 $102,000 $93,364
2017 $2,215 $191,534 $100,000 $91,534
2016 $1,914 $167,516 $101,525 $65,991
2015 $2,397 $210,876 $96,400 $114,476
2014 $2,374 $206,746 $94,512 $112,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81779487

MLSListings

APN: 026-101-012-000