NOT LISTED FOR SALE

Estimated Value: $628,000 - $715,000

4 Beds
2 Baths
1,618 Sq Ft
$409/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $635,000 $392 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,226/month

57 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Secured Garage or Parking

About This Home

As of September 2021

Wonderful investor opportunity to own a low-maintenance Duplex in Antioch with positive cash flow! Occupied Unit B: Lease in place, Section 8 renter with guaranteed rental income. Both units feature 2 bedrooms and 1 bathroom, spacious living room, bathroom, each unit has 2 car garage, and backyard that sits on a large 6,936 sq ft lot! features. Upgrades: new laminate flooring, windows, and slider doors. Each unit has its own shower/tub, hallway cabinetry & and direct access to the garage via the kitchen, and living/dining room slider to the backyard. Covered concrete backyard patio, concrete walkway & secured gated access. Landlord pays ins, taxes, water/sewer & garbage. Next to Contra Loma Estates Park. Near schools, close proximity to HWY4, Antioch BART, Somersville Road shopping centers, Starbucks, 24hr fitness, Kaiser hospital, and the Marina.

Last Agent to Sell the Property

Catherine Robles

American Lighthouse Estates Inc License #01720942 Listed on: 07/02/2021

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

  • $8,429

Year Built

  • 1977

Lot Details

  • 6,935 Sq Ft Lot

Parking

  • 4 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,618 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Utilities

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

Listing and Financial Details

  • Total Actual Rent $4,500

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,100
  • Utility Expense $1,200
  • Trash Expense $840
  • Operating Expense $3,140
  • Gross Income $4,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,429

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: 1618
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Living Sq Ft: 1618
  • Stories: 1
  • Security: Secured Garage / Parking
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • 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
  • Gross Rent Multiplier: 133.11
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1100
  • Expenses Total: 3140
  • Expenses Utility: 1200
  • Expense Trash: 840
  • Income Annual Gross: 4500.00
  • Income Annual Rental: 4500
  • Income Gross Scheduled: 4500
  • Income Includes: Parking
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Sep 24, 2021
Sold by
Le Nancy
Bought by
Le Lam Q
Seller's Agent
Catherine Robles
American Lighthouse Estates Inc
Buyer's Agent
Spencer Hsu
eXp Realty of California Inc
List Price
$599,000
Sold Price
$635,000
Premium/Discount to List
$36,000
6.01%
Current Estimated Value
$661,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,985
Avg. Annual Appreciation
1.04%
Original Mortgage
$476,250
Outstanding Balance
$433,352
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$228,633

Purchase Details

Listed on
Jul 2, 2021
Closed on
Sep 16, 2021
Sold by
Johnson Charles and Davi Frank R
Bought by
Choi Art Hwan and Le Lam Q
Seller's Agent
Catherine Robles
American Lighthouse Estates Inc
Buyer's Agent
Spencer Hsu
eXp Realty of California Inc
List Price
$599,000
Sold Price
$635,000
Premium/Discount to List
$36,000
6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$433,352
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$228,633

Purchase Details

Closed on
Sep 22, 2014
Sold by
Davi Frank R and Johnson Charles
Bought by
Charles Johnson & Frank Davi Trust

Purchase Details

Closed on
Jun 14, 2005
Sold by
Johnson Charles and Davi Frank R
Bought by
Davi Frank R and Johnson Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2000
Sold by
Johnson Charles S and Davi Frank R
Bought by
Johnson Charles and Davi Frank R
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Q -- Chicago Title Company
Choi Art Hwan $635,000 Chicago Title Company
Charles Johnson & Frank Davi Trust -- None Available
Davi Frank R -- First American Title
Johnson Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Lam Q $476,250
Closed Choi Art Hwan $476,250
Previous Owner Davi Frank R $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $635,000 +6.0% $392 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $599,000 0.0% $370 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $599,000 -- $370 / 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 $8,429 $673,867 $265,302 $408,565
2024 $8,208 $660,654 $260,100 $400,554
2023 $8,208 $647,700 $255,000 $392,700
2022 $8,083 $635,000 $250,000 $385,000
2021 $3,046 $191,540 $62,794 $128,746
2019 $2,961 $185,861 $60,933 $124,928
2018 $2,855 $182,218 $59,739 $122,479
2017 $2,769 $178,646 $58,568 $120,078
2016 $2,684 $175,144 $57,420 $117,724
2015 $2,637 $172,514 $56,558 $115,956
2014 $2,548 $169,136 $55,451 $113,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81851787

MLSListings

APN: 074-411-005-7