NOT LISTED FOR SALE

Estimated Value: $1,407,000 - $1,862,000

9 Beds
5 Baths
4,050 Sq Ft
$402/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $1,260,000 $311 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,596/month

63 Days on Market

Highlights

  • Community Pool
  • Central Heating and Cooling System
  • Front Yard
  • Laundry Room

About This Home

As of January 2021

PRICE REDUCED $65,000! Highly desirable 4-plex, very rarely available! Built in 1976, this apartment building a great unit mix of (1) 3 bedroom, 2 bath, (3) 2 bedroom, 1 bath. 3 bedroom unit has been upgraded in 2019 with Luxury vinyl tile & granite countertops. Remaining three units are in good condition. All units have central air, 2 of 4 replaced this year. Each unit has their own garage, laundry hookups & extra parking spaces. Units are spacious & are towards the top of market rent. Gas & Electric paid by tenant, common meter for water. HOA provides association pool for tenant's enjoyment. High traffic area near by with transportation, shopping & great exposure for any vacancy.

Last Agent to Sell the Property

LAUREN DAVIS

MARK ANDERSEN & ASSOCIATES License #01245985 Listed on: 10/05/2020

Last Buyer's Agent

LAUREN DAVIS

MARK ANDERSEN & ASSOCIATES License #01245985 Listed on: 10/05/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,648

Year Built

  • Built in 1976

Lot Details

  • 8,686 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Front Yard

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 5 Car Garage

Home Design

  • 4,050 Sq Ft Home
  • Split Level Home
  • Planned Development
  • Slab Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 14
  • Tax Tract Number 26290
  • Assessor Parcel Number 8735006013

Community Details

Overview

  • 4 Units
  • Woodbridge Association

Recreation

  • Community Pool

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $152
  • Gardener Expense $1,350
  • Maintenance Expense $3,250
  • Other Expense $2,160
  • Trash Expense $3,045
  • Water Sewer Expense $4,255
  • New Taxes Expense $17,000
  • Operating Expense $31,212
  • Gross Income $79,040
  • Net Operating Income $47,828

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,648

Year Built

Built in 1976

Lot Details

0

HOA Fees

$180 per month

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4255.00
  • Zoning: WCPCD1*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1350.00
  • Parcel Number: 8735006013
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Multi/Split
  • Price Per Square Foot: 311.11

Exterior Features

  • Foundation: Slab
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 3045.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Association Name: Woodbridge
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Sprinkler System
  • Lot Size Sq Ft: 8686.00
  • Lot Size Acres: 0.1994

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 152.00
  • Gross Income: 79040.00
  • Gross Scheduled Income: 79040.00
  • Lot Size Area: 8686.0000 Square Feet
  • Maintenance Expense: 3250.00
  • Net Operating Income: 47828.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 31212.00
  • Other Expense: 2160.00
  • Other Expense Description: HOA Dues
  • Rent Control: No
  • Total Expenses: 31212.00

Tax Info

  • New Taxes Expense: 17000.00
  • Tax Census Tract: 4080.06
  • Tax Lot: 14
  • Tax Tract Number: 26290

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2021
Sold by
Su Samson and Su Lju
Bought by
Su Samson and Su Lju
Current Estimated Value
$1,629,744

Purchase Details

Listed on
Oct 5, 2020
Closed on
Dec 10, 2020
Sold by
Day Pamela
Bought by
Su Samson and Su Iju
Seller's Agent
LAUREN DAVIS
MARK ANDERSEN & ASSOCIATES
Buyer's Agent
LAUREN DAVIS
MARK ANDERSEN & ASSOCIATES
List Price
$1,360,000
Sold Price
$1,260,000
Premium/Discount to List
-$100,000
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$180,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2014
Sold by
Cullen Melba L
Bought by
Cullen Melba L and The Cullen Revocable Trust

Purchase Details

Closed on
May 22, 2006
Sold by
Cullen Charles and Cullen Melba Lea
Bought by
Cullen Charles

Purchase Details

Closed on
Feb 18, 1999
Sold by
And M Cullen Trust Cullen Charles Jr And Melb
Bought by
Cullen Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.76%
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
Su Samson -- North American Title Company
Su Samson $1,260,000 North American Title Company
Cullen Melba L -- None Available
Cullen Charles -- None Available
Cullen Charles -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Su Samson $180,000
Previous Owner Cullen Charles $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $1,260,000 -2.7% $311 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
10/22/2020 10/22/20 Price Changed $1,295,000 -4.8% $320 / Sq Ft
10/05/2020 10/05/20 For Sale $1,360,000 -- $336 / 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 $18,648 $1,363,862 $925,478 $438,384
2024 $18,648 $1,337,121 $907,332 $429,789
2023 $18,068 $1,310,904 $889,542 $421,362
2022 $16,559 $1,285,200 $872,100 $413,100
2021 $4,887 $277,217 $58,673 $218,544
2020 $4,821 $274,376 $58,072 $216,304
2019 $4,737 $268,997 $56,934 $212,063
2018 $4,544 $263,723 $55,818 $207,905
2016 $4,258 $253,484 $53,651 $199,833
2015 $4,236 $249,678 $52,846 $196,832
2014 $4,245 $244,788 $51,811 $192,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20209115

California Regional Multiple Listing Service (CRMLS)

APN: 8735-006-013