NOT LISTED FOR SALE

Estimated Value: $1,777,000 - $2,198,303

5 Beds
3 Baths
2,115 Sq Ft
$941/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $1,800,000 $851 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,407/month

5 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • 2 Car Direct Access Garage
  • Lincoln Elementary School Rated A+
  • No HOA
  • 5-minute walk to Anderson Park

About This Home

As of March 2022

This duplex is in the perfect aea close to freeways, the shopping malls and the beach. This property has been in the family for 60 years and is 3rd generation owned. Both units have been remodeled through out time by the owner who recently moved out of the area. Both units have new kitchens, hardwood floors through the house, upgraded bathrooms, new roofs within 5 years, and many other upgrades that you must see. Both units are vacant to make this sale process smoother so the new owner can bring in family or new tenants.

Last Agent to Sell the Property

Jose Pardo

So Cal Properties License #01502414 Listed on: 02/11/2022

Last Buyer's Agent

Annie Ho

Compass License #01465060

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,143

Year Built

  • Built in 1950

Lot Details

  • 6,502 Sq Ft Lot
  • Property fronts a county road
  • No Common Walls
  • Block Wall Fence
  • Redwood Fence
  • Fence is in fair condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Cement Siding

Interior Spaces

  • 2,115 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • 220 Volts For Spa

Listing and Financial Details

  • Legal Lot and Block 19 / 1
  • Assessor Parcel Number 4150001022
  • $1,414 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Dog Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Water Sewer Expense $100
  • Operating Expense $2,800
  • Gross Income $94,200
  • Net Operating Income $91,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,143

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 899950
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 100.00
  • Zoning: RBR-2
  • Property Type: Residential Income
  • Parcel Number: 4150001022
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Bath, Den, Dining Room, Family Room, Kitchen, Living Room, Master Bedroom, Electric, Gas
  • Levels: One, Two
  • Price Per Square Foot: 851.06
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Block, Fair Condition, Needs Repair, Redwood
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Cement Siding, Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts For Spa
  • Heating Type: Central, Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6502.00
  • Lot Size Acres: 0.1493

Multi Family

  • Gross Income: 94200.00
  • Gross Scheduled Income: 94200.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 6502.0000 Square Feet
  • Net Operating Income: 91400.00
  • 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: 2800.00
  • Rent Control: No
  • Total Expenses: 2800.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 6205.01
  • Tax Lot: 19
  • Tax Tract Number: B
  • TaxOtherAnnualAssessmentAmount: 1414.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Mannarelli Family Trust
Bought by
Warfield Properties Llc
Total Days on Market
5
Current Estimated Value
$1,990,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2022
Closed on
Feb 17, 2022
Sold by
David Stewart Ryan
Bought by
Mannarelli Family Trust
Seller's Agent
Jose Pardo
So Cal Properties
Buyer's Agent
Annie Ho
Compass
List Price
$1,799,900
Sold Price
$1,800,000
Premium/Discount to List
$100
0.006%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.52%

Purchase Details

Closed on
Jan 29, 2002
Sold by
Stewart Ryan David and Estate Of Arlene Virginia Stew
Bought by
Stewart Ryan David
Source: Public Records

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Range of Values:

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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
Warfield Properties Llc -- None Listed On Document
Mannarelli Family Trust $1,800,000 New Title Company Name
Stewart Ryan David -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mannarelli Family Trust $900,000
Previous Owner Steward Ryan David $636,000
Previous Owner Stewart Ryan David $100,000
Previous Owner Stewart Ryan David $30,000
Previous Owner Stewart Ryan David $300,000
Previous Owner Stewart Ryan David $269,000
Previous Owner Stewart Ryan David $62,000
Previous Owner Stewart Ryan David $181,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $1,800,000 0.0% $851 / Sq Ft
02/23/2022 02/23/22 Price Changed $1,799,900 0.0% $851 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $1,799,900 -- $851 / 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
2024 $22,143 $1,872,720 $1,144,440 $728,280
2023 $21,735 $1,836,000 $1,122,000 $714,000
2022 $7,810 $579,312 $304,139 $275,173
2021 $7,574 $567,954 $298,176 $269,778
2020 $7,533 $562,131 $295,119 $267,012
2019 $7,346 $551,110 $289,333 $261,777
2018 $7,073 $540,305 $283,660 $256,645
2016 $6,831 $519,327 $272,647 $246,680
2015 $6,715 $511,527 $268,552 $242,975
2014 $6,618 $501,508 $263,292 $238,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22025833

California Regional Multiple Listing Service (CRMLS)

APN: 4150-001-022