NOT LISTED FOR SALE

Estimated Value: $639,000 - $735,000

5 Beds
3 Baths
1,248 Sq Ft
$548/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $390,000 $312 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,108/month

11 Days on Market

About This Home

As of November 2017

This is property has 2 houses on a lot. The assessors records only reflect the one 3-bedroom home, but there is also a second 2-bedroom house in the rear. The front house is occupied by a Section 8 Tenant that is currently under eviction. Neither the owner nor the Broker have seen the inside of the front 3-bedroom house. The rear 2-bedroom house is vacant and needs work. However, this property is ideal for an investor or for a home owner who wants to occupy one of the houses, while renting out the other. Seller is extremely motivated.

Last Agent to Sell the Property

kahlil mcalpin

Kahlil J. McAlpin License #01129390 Listed on: 08/28/2017

Last Buyer's Agent

Candelaria Godinez

Champion Realty License #01143994

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,527

Year Built

  • Built in 1936

Lot Details

  • 5,204 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,248 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 672
  • Assessor Parcel Number 6040029023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $100
  • Maintenance Expense $750
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $100
  • Operating Expense $1,250
  • Gross Income $1,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,527

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6040029023
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Bath
  • Price Per Square Foot: 312.50

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5204.00

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 1250.00
  • Gross Scheduled Income: 1250.00
  • Insurance Expense: 100.00
  • Maintenance Expense: 750.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1250.00
  • Rent Control: Yes
  • Total Actual Rent: 1250.00
  • Total Expenses: 1250.00

Tax Info

  • New Taxes Expense: 100.00
  • Tax Census Tract: 2402.00
  • Tax Lot: 44
  • Tax Tract Number: 672

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2003
Sold by
Sandton Lifestyles Inc
Bought by
Robinson Bridgette R
Current Estimated Value
$684,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,974
Interest Rate
5.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2003
Sold by
Zamorano Camille
Bought by
Sandton Lifestyles Inc

Purchase Details

Closed on
Dec 4, 2002
Sold by
Zamorano Camille
Bought by
Sandton Lifestyles Inc

Purchase Details

Closed on
Apr 29, 2002
Sold by
Zamorano Mario
Bought by
Zamorano Camille

Purchase Details

Closed on
Apr 25, 2002
Sold by
Enterprise Properties Lp
Bought by
Zamorano Camille

Purchase Details

Closed on
Jul 5, 2001
Sold by
Porter Essie
Bought by
Enterprise Properties Lp
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
Robinson Bridgette R $289,000 Lawyers Title
Sandton Lifestyles Inc -- --
Sandton Lifestyles Inc -- --
Zamorano Camille -- --
Zamorano Camille $140,000 Fidelity Title
Enterprise Properties Lp -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arellano Gricelda $100,000
Closed Arellano Gricelda $45,000
Open Arellano Gricelda $435,000
Closed Robinson Bridgette R $351,000
Previous Owner Robinson Bridgette R $284,974
Previous Owner Porter Essie $113,850
Closed Zamorano Camille $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $390,000 -3.7% $313 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $405,000 -- $325 / 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 $5,527 $443,748 $307,211 $136,537
2024 $5,527 $435,048 $301,188 $133,860
2023 $5,424 $426,519 $295,283 $131,236
2022 $5,176 $418,157 $289,494 $128,663
2021 $5,111 $409,959 $283,818 $126,141
2020 $5,160 $405,756 $280,908 $124,848
2019 $4,961 $397,800 $275,400 $122,400
2018 $4,865 $390,000 $270,000 $120,000
2016 $4,314 $347,091 $218,585 $128,506
2015 $4,253 $341,878 $215,302 $126,576
2014 $4,278 $335,182 $211,085 $124,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN17200526

California Regional Multiple Listing Service (CRMLS)

APN: 6040-029-023