NOT LISTED FOR SALE

Estimated Value: $854,000 - $1,490,000

8 Beds
4 Baths
3,400 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $530,000 $156 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $6,687/month

28 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Wall Furnace
  • 0.36 Acre Lot
  • Recessed Lighting

About This Home

As of January 2014

**New Construction**Huge Lot**Duplex** Beautiful brand new duplex. Each unit is one story with an attached two car garage. Each unit has hard wood laminate flooring, granite counter tops, stainless steel fixtures, crown molding, and washer and dryer hookups. One unit has 5 large bedrooms and 3 full bathrooms. The other unit has 3 bedrooms and 1.5 bathrooms. The property is on a very large lot with a large front yard and long driveway for privacy, and a large back yard for recreation and parties. Perfect for one to live in back and rent the front for rental income. Property is scheduled to be done in November.

Last Agent to Sell the Property

Eric Cuevas

Bauhaus Group License #01916371 Listed on: 10/16/2013

Last Buyer's Agent

Lupita Franco

Centerpointe Real Estate License #01886388

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,563

Year Built

  • Built in 2012

Lot Details

  • 0.36 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,400 Sq Ft Home
  • Recessed Lighting
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 265
  • Assessor Parcel Number 6150027025

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $6,563
  • Gross Income $4,500
  • Net Operating Income $41,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,563

Year Built

Built in 2012

Lot Details

0

Parking

4

Listing Details

  • CapRate: 7.90
  • Price Per Unit: 287500
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6150027025
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 155.88
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutters, Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 15489.00
  • Lot Size Acres: 0.3560

Multi Family

  • Gross Income: 4500.00
  • Gross Scheduled Income: 54000.00
  • Lot Size Area: 15489.0000 Square Feet
  • Net Operating Income: 41580.00
  • 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: 12400.00
  • Operating Expense Percent: 23.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6563.00
  • Tax Lot: 265
  • Tax Annual Amount: 6563.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2013
Closed on
Nov 18, 2013
Sold by
Limon April Vanessa
Bought by
Avila Victor and Olvera Juana Avila
Seller's Agent
Eric Cuevas
Bauhaus Group
Buyer's Agent
Lupita Franco
Centerpointe Real Estate
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Current Estimated Value
$1,117,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,921
Avg. Annual Appreciation
6.49%
Original Mortgage
$520,222
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2012
Sold by
Rehab Unlimited Llc
Bought by
Limon April Vanessa

Purchase Details

Closed on
Jan 8, 2010
Sold by
Jones Darius Jamal and Jones James Erkard
Bought by
Jones Darius Jamal
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
Avila Victor $530,000 Pacific Coast Title Company
Limon April Vanessa -- None Available
Jones Darius Jamal -- None Available
Jones James Erkard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avila Victor $520,222
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2014 01/16/14 Sold $530,000 +1.0% $156 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
10/16/2013 10/16/13 For Sale $525,000 -- $154 / 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 $9,123 $649,702 $649,702 --
2024 $9,123 $636,963 $636,963 --
2023 $8,844 $624,474 $624,474 $0
2022 $8,248 $612,230 $612,230 $0
2021 $8,398 $600,226 $600,226 $0
2019 $8,166 $582,424 $582,424 $0
2018 $7,778 $571,004 $571,004 $0
2016 $6,725 $548,832 $548,832 $0
2015 $6,335 $540,589 $540,589 $0
2014 $1,114 $61,477 $61,477 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13211785

California Regional Multiple Listing Service (CRMLS)

APN: 6150-027-025