NOT LISTED FOR SALE

Estimated Value: $1,025,491 - $1,370,000

4 Beds
2 Baths
1,716 Sq Ft
$685/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $1,075,000 $626 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,338/month

14 Days on Market

Highlights

  • Wood Flooring
  • Park or Greenbelt View
  • Park
  • Bixby Elementary School Rated 9+
  • No HOA
  • Laundry Room

About This Home

As of May 2023

2276-78 Argonne is a tremendous opportunity to own a duplex located on a quiet street right across from Stearns Champions Park. The property is comprised of two- 2 bedrooms/one bathroom units, both units have been recently upgraded with newer kitchens, hardwood flooring, electrical, and plumbing. A new roof was installed in 2008, new Milagard windows in 2014, and recently replaced water heaters in both units. Each unit gets their own private yard space. Each unit has inside laundry hookups. The two car garage is currently being used for storage by the owners. Property is close to great shopping, freeway access, restaurants, park. Showings with an accepted offer only. Both tenants wish to remain in place upon close of escrow. Please do not disturb tenants, drive by only.

Last Agent to Sell the Property

Jeff Boyce

Compass License #01974528 Listed on: 03/29/2023

Compass

Last Buyer's Agent

Lisa Broder

Think Boutiq Real Estate License #00917329

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,123

Year Built

  • Built in 1949

Lot Details

  • 5,749 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Duplex

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 14229
  • Assessor Parcel Number 7223005009
  • $496 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Artcraft Manor Subdivision

Recreation

  • Park

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Professional Management Expense $324
  • Trash Expense $95
  • Water Sewer Expense $120
  • Operating Expense $600
  • Gross Income $4,625
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,123

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 5628578318
  • Price Per Unit: 550000
  • Professional Management Expense: 324.00
  • Property Attached: Yes
  • Subdivision Name Other: Artcraft Manor (AM)
  • View: Yes
  • Water Sewer Expenses: 120.00
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7223005009
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 626.46

Exterior Features

  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 95.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5749.00
  • Lot Size Acres: 0.1320

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4625.00
  • Gross Scheduled Income: 55500.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 5749.0000 Square Feet
  • Net Operating Income: 50000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Actual Rent: 55500.00
  • Total Expenses: 600.00

Tax Info

  • Tax Census Tract: 5742.02
  • Tax Lot: 20
  • Tax Tract Number: 14229
  • TaxOtherAnnualAssessmentAmount: 496.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Apr 26, 2023
Sold by
Erickson Barbara J and Knapick Jennifer Erickson
Bought by
Kuljurgis Family Trust and Kuljurgis
Seller's Agent
Jeff Boyce
Compass
Buyer's Agent
Lisa Broder
Think Boutiq Real Estate
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%
Views
131
Current Estimated Value
$1,174,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,873
Avg. Annual Appreciation
3.68%
Original Mortgage
$500,000
Outstanding Balance
$485,919
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$688,954

Purchase Details

Listed on
Mar 29, 2023
Closed on
Apr 13, 2023
Sold by
Knapick Donovan
Bought by
Knapick Jennifer Erickson
Seller's Agent
Jeff Boyce
Compass
Buyer's Agent
Lisa Broder
Think Boutiq Real Estate
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%
Views
131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$485,919
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$688,954

Purchase Details

Closed on
Dec 27, 2017
Sold by
Erickson Barbara J and Erickson Jennifer L
Bought by
Erickson Barbara J and Erickson Jennifer L

Purchase Details

Closed on
Dec 12, 2000
Sold by
Caldarella Russ and Caldarella Debby J
Bought by
Erickson Roger K and Erickson Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
7.71%
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
Kuljurgis Family Trust $1,075,000 Priority Title
Knapick Jennifer Erickson -- Priority Title
Erickson Barbara J -- None Available
Erickson Roger K $242,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuljurgis Family Trust $500,000
Previous Owner Erickson Roger K $193,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $1,075,000 -2.3% $626 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $1,100,000 -- $641 / 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 $14,123 $1,118,430 $728,280 $390,150
2024 $14,123 $1,096,500 $714,000 $382,500
2023 $4,874 $350,472 $183,924 $166,548
2022 $4,582 $343,601 $180,318 $163,283
2021 $4,485 $336,865 $176,783 $160,082
2019 $4,420 $326,876 $171,541 $155,335
2018 $4,229 $320,468 $168,178 $152,290
2016 $3,885 $308,026 $161,649 $146,377
2015 $3,733 $303,400 $159,221 $144,179
2014 $3,714 $297,458 $156,103 $141,355
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23050777

California Regional Multiple Listing Service (CRMLS)

APN: 7223-005-009