NOT LISTED FOR SALE

2374 Serviss St Durham, CA 95938

Estimated Value: $328,000 - $425,000

4 Beds
2 Baths
1,456 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $259,000 $178 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,281/month

37 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Lawn
  • Living Room
  • Durham High School Rated 9+
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of August 2018

LANDLORD'S DREAM! A side by side Duplex with no vacancies. This well maintained property has a breezeway between the two units with a separate laundry/storage rooms at the back of the breezeway being the only shared wall. Each unit has good sized living room, bright kitchen with eating area
gas range, garbage disposal, and refrigerator, 2 bedrooms and 1 full bath. The large fenced shared yard has lawn and plenty of room for the Tenants to enjoy outdoor activities. There are 2 off street parking places for each unit. Don't miss you opportunity to own this great Durham property.

Last Agent to Sell the Property

Barbara Torres

Real Estate Professionals License #01345231 Listed on: 05/23/2018

Last Buyer's Agent

Laura Willman

Century 21 Select Real Estate, Inc. License #01931088

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Lawn
  • Front Yard

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • Living Room

Kitchen

  • Gas Range
  • Range Hood
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Assessor Parcel Number 040240058000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • New Taxes Expense $2,193
  • Operating Expense $3,193
  • Gross Income $15,600
  • Net Operating Income $12,407

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 040240058000
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 177.88
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Range Hood, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street
  • Lot Size Sq Ft: 7841.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 15600.00
  • Gross Scheduled Income: 15600.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 12407.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3193.00
  • Rent Control: No
  • Total Actual Rent: 1300.00
  • Total Expenses: 3193.00

Tax Info

  • New Taxes Expense: 2193.00
  • Tax Census Tract: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Aug 16, 2018
Sold by
Bechhold Scott Lee
Bought by
Bailey Catherine
Seller's Agent
Barbara Torres
Real Estate Professionals
Buyer's Agent
Laura Willman
Century 21 Select Real Estate, Inc.
List Price
$259,000
Sold Price
$259,000
Current Estimated Value
$386,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,964
Avg. Annual Appreciation
5.59%
Original Mortgage
$207,200
Outstanding Balance
$179,945
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$207,019

Purchase Details

Closed on
Mar 7, 2017
Sold by
Bechhold Juanita and Juanita Bechhold Family Living
Bought by
Bechhold Juanita and Bechhold Family Living Trust

Purchase Details

Closed on
Nov 25, 2014
Sold by
Mcmichael Robin J
Bought by
Bechhold Juanita and The Juanita Bechhold Family Living Trust

Purchase Details

Closed on
Sep 27, 2006
Sold by
Mcmichael Robin J and Robin J Mcmichael Separate Pro
Bought by
Mcmichael Robin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Mcmichael Robin J and Holden Robin J
Bought by
Mcmichael Robin J and The Robin J Mcmichael Separate Property

Purchase Details

Closed on
Apr 23, 2002
Sold by
Holden Robin and Freitas Robin
Bought by
Holden Robin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.13%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bailey Catherine $259,000 Bidwell Title & Escrow Co
Bechhold Juanita -- None Available
Bechhold Juanita $199,000 Bidwell Title & Escrow Co
Mcmichael Robin J -- First American Title Company
Mcmichael Robin J -- --
Holden Robin J -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Catherine $207,200
Previous Owner Mcmichael Robin J $125,000
Previous Owner Holden Robin J $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2018 08/27/18 Sold $259,000 0.0% $178 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $259,000 -- $178 / 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 $3,090 $288,914 $167,325 $121,589
2024 $3,090 $283,250 $164,045 $119,205
2023 $3,061 $277,697 $160,829 $116,868
2022 $3,007 $272,253 $157,676 $114,577
2021 $2,934 $266,916 $154,585 $112,331
2020 $2,814 $264,180 $153,000 $111,180
2019 $2,869 $259,000 $150,000 $109,000
2018 $2,224 $210,194 $79,218 $130,976
2017 $2,193 $206,073 $77,665 $128,408
2016 $2,099 $202,034 $76,143 $125,891
2015 $2,068 $199,000 $75,000 $124,000
2014 $961 $90,958 $32,481 $58,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PA18122029

California Regional Multiple Listing Service (CRMLS)

APN: 040-240-058-000