NOT LISTED FOR SALE

Estimated Value: $1,344,000 - $1,782,994

4 Beds
2 Baths
1,963 Sq Ft
$793/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $1,100,000 $560 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,298/month

125 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Double Pane Windows
  • Westlake Elementary School Rated A-
  • Granite Countertops
  • Washer and Dryer

About This Home

As of February 2021

Very nice spacious duplex in Westlake Elementary boundary. (Buyer to verify) Units equal in size, both with 2 bedrooms and 1 bath. Front unit has remodeled kitchen and bath. Carport was enclosed previously (permits unknown) and can be used as storage or bonus room. Front unit has deck and enclosed yard. Back unit has larger yard and 2 beautiful redwood sheds with electricity. Both units currently occupied

Last Agent to Sell the Property

Marcy Moyer

eXp Realty of California Inc License #01191194 Listed on: 09/27/2020

eXp Realty of California Inc

Last Buyer's Agent

Mackenzie Valentine

Bailey Properties License #02113629

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,256

Year Built

  • 1959

Lot Details

  • 6,447 Sq Ft Lot
  • Fenced
  • Level Lot
  • Grass Covered Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,963 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Outdoor Features

  • Deck

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $60,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,000
  • Insurance Expense $1,115
  • Maintenance Expense $500
  • Manager Expense $6,000
  • Operating Expense $23,218
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,256

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Granite, Countertop - Laminate, Countertop - Tile, Dishwasher, Exhaust Fan, Oven - Electric, Refrigerator
  • Living Sq Ft: 1963
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Deck, Fenced, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 852

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6447.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6447.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 21.67
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1115
  • Expense Landscape: 1000
  • Expense Maintenance: 500
  • Expense Management: 6000
  • Expenses Total: 23218
  • Income Annual Gross: 60000.00
  • Income Annual Rental: 60000
  • Income Gross Scheduled: 60000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Management, Fee - Property Tax, Insurance, Services - Gardener
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2020
Closed on
Feb 11, 2021
Sold by
Ichikawa Jann and Dale H Nakashima Revocable Tru
Bought by
Chung Emily Q
Seller's Agent
Marcy Moyer
eXp Realty of California Inc
Buyer's Agent
Mackenzie Valentine
Bailey Properties
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%
Current Estimated Value
$1,557,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,499
Avg. Annual Appreciation
7.71%
Original Mortgage
$731,000
Outstanding Balance
$653,233
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$904,266

Purchase Details

Closed on
Feb 14, 2018
Sold by
Dregelid Olav and Paulis Mary L
Bought by
Nakashima Dale H and Dale H Nakashima Revocable Tru

Purchase Details

Closed on
Apr 13, 2017
Sold by
Dregelid Olav and Paulis Mary L
Bought by
Dregelid Olav and Paulis Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,315
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2012
Sold by
Dregelid Olav and Paulis Mary L
Bought by
Dregelid Olav and Paulis Mary L

Purchase Details

Closed on
Dec 23, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Dregelid Olav and Paulis Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2008
Sold by
Ramirez Martin and Ramirez Erasmo
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Mortgage Loan Trust 2005-

Purchase Details

Closed on
Aug 11, 2005
Sold by
Rigler David and Rigler Marilyn
Bought by
Ramirez Martin and Ramirez Erasmo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2003
Sold by
Rigler David and Rigler Marilyn
Bought by
Rigler David and Rigler Marilyn

Purchase Details

Closed on
Sep 19, 2003
Sold by
Rigler David and Rigler Marilyn
Bought by
Rigler David and Rigler Marilyn
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
Chung Emily Q $1,100,000 First American Title Company
Nakashima Dale H $1,250,000 Fidelity National Title Comp
Dregelid Olav -- Unisource
Dregelid Olav -- None Available
Dregelid Olav $650,000 Lawyers Title
Deutsche Bank National Trust Co $506,250 None Available
Ramirez Martin $869,000 Old Republic Title Company
Rigler David -- --
Rigler David -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Emily Q $731,000
Previous Owner Dregelid Olav $431,315
Previous Owner Dregelid Olav $520,000
Previous Owner Ramirez Martin $695,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $1,100,000 -15.4% $560 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
09/27/2020 09/27/20 For Sale $1,300,000 -- $662 / 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 $13,256 $1,190,676 $865,946 $324,730
2023 $13,096 $1,144,440 $832,320 $312,120
2022 $12,949 $1,122,000 $816,000 $306,000
2021 $15,312 $1,338,727 $974,997 $363,730
2020 $15,192 $1,325,000 $965,000 $360,000
2019 $14,603 $1,275,000 $918,000 $357,000
2018 $8,716 $735,654 $396,121 $339,533
2017 $8,606 $721,230 $388,355 $332,875
2016 $8,138 $707,088 $380,740 $326,348
2015 $7,898 $696,467 $375,021 $321,446
2014 $7,766 $682,824 $367,675 $315,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81812959

MLSListings

APN: 006-161-33-000