NOT LISTED FOR SALE

Estimated Value: $639,000 - $749,000

5 Beds
3 Baths
1,963 Sq Ft
$357/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $685,000 $349 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,483/month

2 Days on Market

Highlights

  • Balcony
  • Secured Garage or Parking
  • Fenced
  • 4 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Back Yard

About This Home

As of January 2022

Great investment opportunity to own a low maintenance Cash flow positive duplex: 3bd/2ba & 2bd/1ba. Both units have 2-car garages, a patio, and private yards. Each has its own shower/tub, hallway cabinetry & garage w direct access via the kitchen, & living/dining room slider to the backyard. Landlord pays ins, taxes, water/sewer & garbage. Tenant pays their own PG&E and Cable/Phone/Internet. Close to Contra Loma Estates Park. Near HWY4, Antioch BART, Somersville Road near retail shopping centers, Starbucks, 24hr fitness, Kaiser & Marina. Great Opportunity. Don't miss out!

Last Agent to Sell the Property

Catherine Robles

American Lighthouse Estates Inc License #01720942 Listed on: 11/15/2021

Last Buyer's Agent

Spencer Hsu

eXp Realty of California Inc License #02077253

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,012

Year Built

  • 1977

Lot Details

  • 6,935 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 4 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,963 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Dishwasher
  • Formica Countertops

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $58,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,169
  • Utility Expense $1,380
  • Trash Expense $391
  • Operating Expense $6,158
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,012

Year Built

1977

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-20
  • Subclass: Duplex
  • Age: 44
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Countertop - Formica, Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1963
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Antioch Unified

Lot Info

  • Lot Acres: 0.1592
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6936.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6936.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Security Deposit
  • Gross Rent Multiplier: 11.39
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1169
  • Expenses Total: 6158
  • Expenses Utility: 1380
  • Expense Trash: 391
  • Income Annual Gross: 58800.00
  • Income Annual Rental: 58800
  • Income Gross Scheduled: 58800
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jan 3, 2022
Sold by
Nancy Le
Bought by
Le Lam Quang
Seller's Agent
Catherine Robles
American Lighthouse Estates Inc
Buyer's Agent
Spencer Hsu
eXp Realty of California Inc
List Price
$670,000
Sold Price
$685,000
Premium/Discount to List
$15,000
2.24%
Current Estimated Value
$701,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,333
Avg. Annual Appreciation
0.63%
Original Mortgage
$495,100
Outstanding Balance
$456,356
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$244,977

Purchase Details

Closed on
Sep 11, 2000
Sold by
Charles Johnson and Charles Frank Davi
Bought by
Johnson Charles and Davi Frank R
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
Le Lam Quang -- Chicago Title
Choi Art Hwan $685,000 Chicago Title
Johnson Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Art Hwan $495,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $685,000 +2.2% $349 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $670,000 -- $341 / 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 $9,012 $726,927 $318,362 $408,565
2024 $8,777 $712,674 $312,120 $400,554
2023 $8,777 $698,700 $306,000 $392,700
2022 $3,350 $211,385 $64,049 $147,336
2021 $3,218 $207,242 $62,794 $144,448
2019 $3,133 $201,097 $60,933 $140,164
2018 $3,021 $197,155 $59,739 $137,416
2017 $2,930 $193,290 $58,568 $134,722
2016 $2,844 $189,501 $57,420 $132,081
2015 $2,796 $186,656 $56,558 $130,098
2014 $2,703 $183,001 $55,451 $127,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81870296

MLSListings

APN: 074-411-004-0