NOT LISTED FOR SALE

Estimated Value: $956,251 - $1,159,000

4 Beds
2 Baths
1,536 Sq Ft
$686/Sq Ft Est. Value

Last Sold July 08, 2014

Last sale price $525,000 $342 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,570/month

6 Days on Market

Highlights

  • Laundry Room
  • Water-Smart Landscaping
  • Wall Furnace
  • Stanford Middle School Rated A-

About This Home

As of July 2014

Located in Artcraft Manor walking distance to shopping, park, restaurants and near CSLUB college. This is a hot area to rent. Wonderful long term tenants. Detached garage, back unit has a big backyard, front unit has a big fenced in front yard, inside laundry hookups, hardwood floors.

Last Agent to Sell the Property

Nina Llamas

Circa Properties, Inc. License #01268798 Listed on: 05/17/2014

Circa Properties, Inc.

Last Buyer's Agent

Linda Lee

HOME TEAM REALTY License #01860377

HOME TEAM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,141

Year Built

  • Built in 1945

Lot Details

  • 6,110 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,536 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Eco-Friendly Details

  • Water-Smart Landscaping

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 96
  • Tax Tract Number 13163
  • Assessor Parcel Number 7218027021

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $500
  • Trash Expense $450
  • Water Sewer Expense $450
  • Gross Income $2,594
  • Net Operating Income $2,594

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,141

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Artcraft Manor (AM)
  • Water Sewer Expenses: 450.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7218027021
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 341.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Sewer Paid
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6110.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 2594.00
  • Gross Scheduled Income: 2900.00
  • Insurance Expense: 500.00
  • Lot Size Area: 6110.0000 Square Feet
  • Net Operating Income: 2594.00
  • 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: 305.00
  • Rent Control: No
  • Total Actual Rent: 2900.00

Tax Info

  • Tax Lot: 96
  • Tax Tract Number: 13163
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2014
Closed on
Jun 21, 2014
Sold by
Llamas Ramon
Bought by
Xu Daniel M
Seller's Agent
Nina Llamas
Circa Properties, Inc.
Buyer's Agent
Linda Lee
HOME TEAM REALTY
List Price
$520,000
Sold Price
$525,000
Premium/Discount to List
$5,000
0.96%
Total Days on Market
6
Current Estimated Value
$1,053,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,563
Avg. Annual Appreciation
6.15%

Purchase Details

Closed on
Oct 28, 2010
Sold by
Llamas Ramon and Llamas Micaela
Bought by
Llamas Ramon and Llamas Micaela

Purchase Details

Closed on
May 24, 2004
Sold by
Holihan John W and Holihan Lorraine S
Bought by
Llamas Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Xu Daniel M $525,000 Chicago Title Company
Llamas Ramon -- Accommodation
Llamas Ramon $500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Llamas Ramon $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2014 07/08/14 Sold $525,000 +1.0% $342 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
05/17/2014 05/17/14 For Sale $520,000 -- $339 / 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 $8,141 $618,589 $435,961 $182,628
2023 $8,005 $606,461 $427,413 $179,048
2022 $7,517 $594,571 $419,033 $175,538
2021 $7,367 $582,914 $410,817 $172,097
2019 $7,262 $565,627 $398,633 $166,994
2018 $7,033 $554,537 $390,817 $163,720
2016 $6,472 $533,005 $375,642 $157,363
2015 $6,211 $525,000 $370,000 $155,000
2014 $5,833 $485,000 $291,000 $194,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14102925

California Regional Multiple Listing Service (CRMLS)

APN: 7218-027-021