NOT LISTED FOR SALE

21872 Waters Dr Cedarpines Park, CA 92322

Estimated Value: $277,000 - $645,000

6 Beds
3 Baths
1,784 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 07, 2012

Last sale price $150,750 $85 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $2,704/month

49 Days on Market

Highlights

  • 0.48 Acre Lot
  • Carpet
  • Wall Furnace
  • Laundry Room

About This Home

As of June 2012

Back Up Offers Accepted. Three Individual Units Have Been Nicely Taken Care Of. All Have Separate Fenced Yards And Parking. Addresses, 21872 Waters Dr. Is A One Bedroom And Includes A Stand-alone Log Built Shed, Has Gas Water Heater And Gas Wall Heater. 21880 Is Bedroom With Access To A Loft Bedroom, And Has Electric Appliances,And A Nice Wood-burning Fireplace. 21888 Is A 2 Bedroom With The Largest Yard With Gas Stove And Water Heater And A Ncie Wood Burning Fireplace. 3 Sep. Meters

Last Agent to Sell the Property

Virginia Paleno

Hallam Homes License #01228469 Listed on: 03/09/2012

Last Buyer's Agent

Nancy-Jo Madrigal

COZY CABINS REALTY License #01806699

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1940

Lot Details

  • 0.48 Acre Lot

Interior Spaces

  • 1,784 Sq Ft Home
  • Living Room with Fireplace
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 0342225250000

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $1,000
  • Trash Expense $1,500
  • Water Sewer Expense $2,400
  • New Taxes Expense $2,080
  • Gross Income $23,000
  • Net Operating Income $23,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,704

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 0342225250000
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet
  • Fireplace Features: Living Room
  • Price Per Square Foot: 84.50
  • Room Type: Living Room

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Trash Expense: 1500.00

Lot Info

  • Lot Size Sq Ft: 20800.00
  • Lot Size Acres: 0.4780

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 23000.00
  • Gross Scheduled Income: 28000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 20800.0000 Square Feet
  • Net Operating Income: 23000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 2400.00
  • Rent Control: No
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 2080.00
  • Taxes Percent: 1.33
  • Tax Lot: 36
  • Tax Tract Number: CCP3
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2012
Closed on
May 3, 2012
Sold by
Shuster Stephen R and Shuster Rebecca S
Bought by
Robar Julie M
Seller's Agent
Virginia Paleno
Hallam Homes
Buyer's Agent
Nancy-Jo Madrigal
COZY CABINS REALTY
List Price
$159,900
Sold Price
$150,750
Premium/Discount to List
-$9,150
-5.72%
Current Estimated Value
$473,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,776
Avg. Annual Appreciation
8.92%
Original Mortgage
$108,750
Outstanding Balance
$75,135
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$398,391

Purchase Details

Closed on
Oct 14, 2011
Sold by
Federal National Mortgage Association
Bought by
Shuster Stephen R and Shuster Rebecca S

Purchase Details

Closed on
May 12, 2011
Sold by
Oconnor Dustin and Oconnor Jessica
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 25, 2006
Sold by
Melcic Brian S
Bought by
Oconnor Dustin and Oconnor Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2002
Sold by
Schneider Claud E and Schneider Rosalie
Bought by
Melcic Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,900
Interest Rate
6.69%
Mortgage Type
VA
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
Robar Julie M $151,000 First American Title Company
Shuster Stephen R $47,500 Fat
Federal National Mortgage Association $239,847 None Available
Oconnor Dustin $243,000 Lawyers Title Co
Melcic Brian S -- Lawyers Title Co
Melcic Brian S $126,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robar Julie M $108,750
Previous Owner Oconnor Dustin $182,250
Previous Owner Melcic Brian S $125,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2012 06/07/12 Sold $150,750 0.0% -- View Prior Sale
06/07/2012 06/07/12 Sold $150,750 -5.7% $85 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
04/27/2012 04/27/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $159,900 0.0% $90 / Sq Ft
09/12/2003 09/12/03 For Sale $159,900 -- --
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 $2,704 $189,351 $50,243 $139,108
2024 $2,704 $185,638 $49,258 $136,380
2023 $2,672 $181,998 $48,292 $133,706
2022 $2,623 $178,429 $47,345 $131,084
2021 $2,593 $174,931 $46,417 $128,514
2020 $2,588 $173,137 $45,941 $127,196
2019 $2,533 $169,742 $45,040 $124,702
2018 $2,372 $166,414 $44,157 $122,257
2017 $2,335 $163,151 $43,291 $119,860
2016 $2,273 $159,952 $42,442 $117,510
2015 $2,251 $157,549 $41,804 $115,745
2014 $2,225 $154,463 $40,985 $113,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: E12032039

California Regional Multiple Listing Service (CRMLS)

APN: 0342-225-25