NOT LISTED FOR SALE

Estimated Value: $584,828 - $871,000

4 Beds
3 Baths
2,208 Sq Ft
$327/Sq Ft Est. Value

Last Sold March 11, 2013

Last sale price $248,500 $113 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $4,266/month

22 Days on Market

About This Home

As of March 2013

Great 3 Units at a great price. There are 2 one bedroom one bath units and 1 two bedroom 1 bath unit. Total rent collected on the 3 units is $2,230.

Last Agent to Sell the Property

Daniel Diaz

First Family Homes License #01148097 Listed on: 02/07/2013

Last Buyer's Agent

Richard Diaz

First Family Homes License #01322459

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,413

Year Built

  • Built in 1924

Lot Details

  • 4,420 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Parking Spaces

Home Design

  • 2,208 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Assessor Parcel Number 6053019007

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $3,362
  • Gross Income $2,230
  • Net Operating Income $26,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,413

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Inclusions: Real Property
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6053019007
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 112.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4420.00
  • Lot Size Acres: 0.1010

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2230.00
  • Gross Scheduled Income: 26760.00
  • Lot Size Area: 4420.0000 Square Feet
  • Net Operating Income: 26760.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3362.00
  • Tax Lot: 7
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2017
Sold by
Chu Ling Chi and Ling Chi Chu Revocable Living
Bought by
Chu Ling Chi and The Ling Chi Chu Revocable Liv
Current Estimated Value
$720,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$284,275
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$428,450

Purchase Details

Listed on
Feb 7, 2013
Closed on
Feb 15, 2013
Sold by
Gonzalez Juan and Gonzalez Silvia
Bought by
Ling Chi Chu Revocable Living Trust
Seller's Agent
Daniel Diaz
First Family Homes
Buyer's Agent
Richard Diaz
First Family Homes
List Price
$269,000
Sold Price
$248,500
Premium/Discount to List
-$20,500
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Oct 1, 2010
Sold by
Veal Jonathan G and Veal Jasmin
Bought by
Gonzalez Juan and Gonzalez Silvia

Purchase Details

Closed on
Oct 20, 2003
Sold by
Green Robert J and Green Marilyn
Bought by
Veal Jonathan G and Westby Veal Jasmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
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
Chu Ling Chi -- Wfg Title Company
Ling Chi Chu Revocable Living Trust $249,000 Title 365
Gonzalez Juan $207,500 Ticor Title Co
Veal Jonathan G $170,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Ling Chi $336,000
Closed Ling Chi Chu Revocable Living Trust $210,000
Previous Owner Veal Jonathan G $162,000
Previous Owner Veal Jonathan G $136,000
Previous Owner Green Robert J $42,789
Closed Veal Jonathan G $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2013 03/11/13 Sold $248,500 -7.6% $113 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $269,000 -- $122 / 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 $4,413 $306,615 $183,477 $123,138
2024 $4,413 $300,604 $179,880 $120,724
2023 $4,336 $294,710 $176,353 $118,357
2022 $4,157 $288,933 $172,896 $116,037
2021 $4,097 $283,268 $169,506 $113,762
2020 $4,128 $280,364 $167,768 $112,596
2019 $3,983 $274,868 $164,479 $110,389
2018 $3,892 $269,479 $161,254 $108,225
2016 $3,702 $259,017 $154,994 $104,023
2015 $3,647 $255,127 $152,666 $102,461
2014 $3,667 $250,130 $149,676 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13018207

California Regional Multiple Listing Service (CRMLS)

APN: 6053-019-007