NOT LISTED FOR SALE
4 Beds
2 Baths
1,800 Sq Ft
0.34 Acres

Last Sold August 19, 2015

Last sale price $755,000 $419 Per Sq Ft

17 Days on Market

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Central Heating
  • Victoria Elementary School Rated A-
  • Laundry Room

About This Home

As of August 2015

Great investment opportunity, rarely on the market. Both Units have 2 bedrooms one bath. Very well kept and ready to move in or rent. Hugh lot!!!
Close to beach, bike trails and school.

Last Agent to Sell the Property

Debbie Felix

Seven Gables Real Estate License #01930576 Listed on: 07/01/2015

Seven Gables Real Estate

Last Buyer's Agent

Kristen Cox

Kristen Cox, Appraisals License #3001857

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,800 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 12
  • Tax Tract Number 3717
  • Assessor Parcel Number 42207213

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $540
  • Insurance Expense $600
  • Water Sewer Expense $1,620
  • New Taxes Expense $10,000
  • Gross Income $6,440
  • Net Operating Income $6,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1620.00
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 42207213
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 419.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14870.00
  • Price Per Lot Square Foot: 50.77
  • Lot Size Acres: 0.3410

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 6440.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 14870.0000 Square Feet
  • Net Operating Income: 6440.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12760.00
  • Other Income Description: If rented full occupancy/ est.
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Lot: 12
  • Tax Tract Number: 3717

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2015 08/19/15 Sold $755,000 -5.5% $419 / Sq Ft
07/18/2015 07/18/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $799,000 -- $444 / 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 $10,776 $893,765 $826,218 $67,547
2024 $10,776 $876,241 $810,018 $66,223
2023 $10,424 $859,060 $794,135 $64,925
2022 $10,120 $842,216 $778,564 $63,652
2021 $9,817 $825,702 $763,298 $62,404
2020 $9,695 $817,236 $755,471 $61,765
2019 $9,482 $801,212 $740,658 $60,554
2018 $9,290 $785,502 $726,135 $59,367
2017 $9,137 $770,100 $711,897 $58,203
2016 $8,946 $755,000 $697,938 $57,062
2015 $1,520 $55,172 $20,908 $34,264
2014 $1,495 $54,092 $20,499 $33,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15142856

California Regional Multiple Listing Service (CRMLS)

APN: 422-072-13