NOT LISTED FOR SALE

Estimated Value: $1,836,572

7 Beds
3 Baths
2,301 Sq Ft
$798/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $1,629,000 $708 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,767/month

11 Days on Market

Highlights

  • Laundry Room
  • Detached Carport Space
  • Front Yard
  • Washington Elementary School Rated A+
  • Block Wall Fence

About This Home

As of May 2021

Congratulations! You've found the duplex of your dreams! Let me introduce you to 2416 Carnegie Lane. Two stand alone buildings with adjacent parking. Front Unit is a 3 bedroom 1 bath. Back Unit is 4 bedroom 2 bath. Detached 2 car garage in between units. Short walk to nearby Perry Park and Edison Right-A-Way Greenbelt(Walking Path). Less than 2 miles from 405 fwy for an easy commute.

Last Agent to Sell the Property

Danny Fredericks

Fredericks Realty License #01903928 Listed on: 04/05/2021

Co-Listed By

John Stefan

Fredericks Realty License #00704657

Last Buyer's Agent

Debbie Arai

Classic Design Properties License #01900371

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,094

Year Built

  • Built in 1953

Lot Details

  • 7,480 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Front Yard

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • 2,301 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 4 / 24
  • Tax Tract Number 6206
  • Assessor Parcel Number 4157010004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $40
  • Insurance Expense $500
  • Trash Expense $1,200
  • Water Sewer Expense $1,920
  • New Taxes Expense $30,000
  • Operating Expense $3,620
  • Gross Income $73,200
  • Net Operating Income $69,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,094

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1920.00
  • Zoning: RBR-3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 40.00
  • Parcel Number: 4157010004
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 707.95

Exterior Features

  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7480.00
  • Lot Size Acres: 0.1717

Multi Family

  • Gross Income: 73200.00
  • Gross Multiplier: 21.00
  • Gross Scheduled Income: 73200.00
  • Insurance Expense: 500.00
  • Lot Size Area: 7480.0000 Square Feet
  • Net Operating Income: 69580.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3620.00
  • Rent Control: No
  • Total Expenses: 3620.00

Tax Info

  • New Taxes Expense: 30000.00
  • Tax Block: 24
  • Tax Census Tract: 6206.01
  • Tax Lot: 4
  • Tax Tract Number: 6206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2022
Sold by
Casner Jeremy C
Bought by
Casner Craig R
Current Estimated Value
$1,836,572

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 3, 2021
Sold by
Casner Faith
Bought by
Casner Jeremy C
Seller's Agent
Danny Fredericks
Fredericks Realty
Buyer's Agent
Debbie Arai
Classic Design Properties
List Price
$1,499,000
Sold Price
$1,629,000
Premium/Discount to List
$130,000
8.67%

Purchase Details

Listed on
Apr 5, 2021
Closed on
Apr 29, 2021
Sold by
Stefan John B and Stefan Maria Mia
Bought by
Casner Craig R and Casner Family Trust
Seller's Agent
Danny Fredericks
Fredericks Realty
Buyer's Agent
Debbie Arai
Classic Design Properties
List Price
$1,499,000
Sold Price
$1,629,000
Premium/Discount to List
$130,000
8.67%

Purchase Details

Closed on
Mar 1, 2010
Sold by
Stefan John B and Stefan Maria Mia
Bought by
Stefan John B and Stefan Maria Mia

Purchase Details

Closed on
Oct 29, 2002
Sold by
Lodge Nora N and Nora N Lodge Living Trust
Bought by
Stefan John B and Stefan Maria Mia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2001
Sold by
Lodge Nora N
Bought by
Lodge Nora N and Nora N Lodge Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.24%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Lodge Nora N and The Nora N Lodge Living Trust
Bought by
Lodge Nora N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.24%

Purchase Details

Closed on
Aug 23, 1999
Sold by
Lodge Nora N
Bought by
Lodge Nora N and The Nora N Lodge Living Trust
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
Casner Craig R $500,000 None Listed On Document
Casner Jeremy C -- California Best Title
Casner Craig R $1,649,000 California Best Title
Stefan John B -- None Available
Stefan John B $599,000 Southland Title
Lodge Nora N -- Fidelity National Title
Lodge Nora N -- Fidelity National Title
Lodge Nora N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stefan John B $543,000
Previous Owner Stefan John B $600,000
Previous Owner Stefan John B $479,200
Previous Owner Lodge Nora N $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $1,629,000 +8.7% $708 / Sq Ft
04/05/2021 04/05/21 For Sale $1,499,000 -- $651 / 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
2022 $20,094 $1,681,980 $1,224,000 $457,980
2021 $10,251 $801,468 $426,826 $374,642
2020 $10,215 $793,251 $422,450 $370,801
2019 $9,974 $777,698 $414,167 $363,531
2018 $9,624 $762,450 $406,047 $356,403
2016 $9,307 $732,845 $390,281 $342,564
2015 $9,146 $721,838 $384,419 $337,419
2014 $9,014 $707,699 $376,889 $330,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21070904

California Regional Multiple Listing Service (CRMLS)

APN: 4157-010-004