NOT LISTED FOR SALE
7 Beds
4 Baths
2,881 Sq Ft
0.29 Acres

Last Sold March 14, 2016

Last sale price $1,400,000 $486 Per Sq Ft

23 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Fenced
  • Bagby Elementary School Rated A-
  • Forced Air Heating System
  • Back Yard

About This Home

As of March 2016

FABULOUS TRIPLEX ON XL LOT! Exceptional opportunity in much sought after Dry Creek neighborhood. This well maintained triplex features an owner's unit with 3 bds. & 2 baths and a wood burning fireplace. Two rental units each with 2 bds. & 1 bath. All units have large, private attached 1 car garages. Extra large lot measures over 12,000 s/f and total building area (excluding the garages) measures 2881 s/f, both as per county records. Back 3 bd. unit has a large private yard. Front two units share a back yard/patio. This property is located within the attendance area for Bagby and Ida Price Schools within the Cambrian School District and Branham High within the Campbell High School District (buyer to verify with school districts)

Last Agent to Sell the Property

Bruce Scheer

Intero Real Estate Services License #00931038 Listed on: 01/11/2016

Intero Real Estate Services

Last Buyer's Agent

Marco Wan

Compass License #01865958

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,881 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $52,800

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $150
  • Insurance Expense $2,700
  • Other Expense $160
  • Operating Expense $7,633
  • Gross Income $51,216

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Parking

3

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Style: Traditional
  • Age: 51
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2881
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Granite, Dishwasher, Hood Over Range, Oven - Electric, Oven Range - Built-In, Varies By Unit
  • Living Sq Ft: 2881
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Campbell Union High
  • Elementary School: Bagby Elementary
  • Middle School: Price Charter Middle
  • High School: Branham High
  • High School: 237
  • Elementary School: 41
  • Middle School: 46

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.2890
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12601.91
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12601.91

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 24.15
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2700
  • Expense Landscape: 150
  • Expenses Other: 160
  • Expenses Total: 7633
  • Income Annual Gross: 51216.00
  • Income Annual Rental: 52800
  • Income Gross Scheduled: 52800
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2016 03/14/16 Sold $1,400,000 +9.8% $486 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $1,275,000 -- $443 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81546585

MLSListings

APN: 412-20-042