NOT LISTED FOR SALE

Estimated Value: $1,116,000

-- Bed
4 Baths
2,588 Sq Ft
$431/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $825,000 $319 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,119/month

4 Days on Market

Highlights

  • Engineered Wood Flooring
  • 3-minute walk to Ocean And Lee
  • Accessible Doors
  • Sunnyside Elementary School Rated A-
  • Fireplace
  • 4-minute walk to Unity Plaza

About This Home

As of April 2013

Awesome Duplex remodeled with 2 units. Recently updated kitchens including new counter-tops,appliances, lighting, paint and flooring .Lower level-remodeled 3 bdrm,2 bath (separate in-law unit),fireplace,washer/dryer hook-up,2 car parking garage.Featuring 2 bdrm,2 bath with new carpet throughout both units,bathroom vanity sinks,mirrored closets,dining/living room and fireplace. Walk to City College, public transportation and restaurants.

Last Agent to Sell the Property

Frenchelle Franklin - Bowie

RE/MAX Gold License #01429643 Listed on: 03/10/2013

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,457

Year Built

  • Built in 1980

Lot Details

  • 5,088

Home Design

  • Duplex

Interior Spaces

  • 2,588 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Washer and Dryer Hookup

Flooring

  • Engineered Wood
  • Carpet

Accessible Home Design

  • Grab Bars
  • Accessible Kitchen
  • Accessible Doors
  • Accessible Parking

Additional Features

  • 5,088 Sq Ft Lot
  • No Utilities

Community Details

  • 2 Units
  • Gross Income $55,000

Listing and Financial Details

  • Assessor Parcel Number 6981-050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,457

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: Ocean Ave, left on Brighton, Right on Holloway.
  • Lot Size Acres: 0.1168
  • Stories: 2
  • CapRate: 20.00
  • Signs: No
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Other
  • Special Features: None

Interior Features

  • Accessibility Features: Accessible Doors, Accessible Kitchen, Grab Bars, Parking, ACCE
  • Flooring: Carpet, Simulated Wood, LVYN
  • Price Per Square Foot: 318.78
  • Square Footage: 2588
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: None
  • Lot Features: Shape Regular, Other
  • Roof: Other

Garage/Parking

  • Parking Features: CAR3

Utilities

  • Security Features: None
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public
  • Heating: Fireplace(s)
  • Laundry Features: Washer/Dryer Hookups
  • Separate Meters: Other

Association/Amenities

  • Association Features: None

Lot Info

  • Assessor Parcel Number: 6981-050
  • Lot Size Sq Ft: 5088

Rental Info

  • TenantPays: None

Building Info

  • Year Built: 1980

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Cherniss Jason A
Bought by
Cherniss Jason A and Jason A Cherniss Family Trust
Current Estimated Value
$1,116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$450,247
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2019
Sold by
Cherniss Jason A
Bought by
Cherniss Jason A

Purchase Details

Closed on
Feb 6, 2017
Sold by
Cherniss Jason A and Cherniss Hilary Passman
Bought by
Cherniss Jason A

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
4.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 2, 2017
Sold by
Cherniss Jaosn A and Cherniss Hilary P
Bought by
Cherniss Jason A

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
4.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 10, 2013
Closed on
Apr 24, 2013
Sold by
Ellis Shawn
Bought by
Cherniss Jason A and Cherniss Hilary P
Seller's Agent
Frenchelle Franklin - Bowie
RE/MAX Gold
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Cherniss Jason A -- Accommodation
Cherniss Jason A -- Wfg National Title Ins Co
Cherniss Jason A -- None Available
Cherniss Jason A -- None Available
Cherniss Jason A -- Orange Coast Title Company
Cherniss Jason A $825,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherniss Jason A $500,000
Closed Cheriness Jason A $508,000
Closed Cherniss Jason A $300,000
Closed Cherniss Jason A $502,000
Closed Cherniss Jason A $536,250
Previous Owner Ellis Dorothy $180,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $825,000 0.0% $319 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
03/10/2013 03/10/13 For Sale $825,000 -- $319 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $12,457 $1,015,915 $711,142 $304,773
2024 $12,457 $995,997 $697,199 $298,798
2023 $12,266 $976,469 $683,529 $292,940
2022 $12,027 $957,324 $670,127 $287,197
2021 $11,812 $938,554 $656,988 $281,566
2020 $11,873 $928,931 $650,252 $278,679
2019 $11,468 $910,717 $637,502 $273,215
2018 $11,082 $892,860 $625,002 $267,858
2017 $10,654 $875,348 $612,746 $262,602
2016 $10,472 $858,186 $600,732 $257,454
2015 $10,342 $845,298 $591,710 $253,588
2014 $3,905 $303,738 $97,450 $206,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21304876

Bay Area Real Estate Information Services (BAREIS)

APN: 6981-050