NOT LISTED FOR SALE

Estimated Value: $838,000 - $1,262,000

5 Beds
4 Baths
1,680 Sq Ft
$655/Sq Ft Est. Value

Last Sold March 11, 2015

Last sale price $625,000 $372 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,617/month

Highlights

  • Wood Flooring
  • 5-minute walk to Newhall
  • Cottage
  • Placerita Junior High School Rated A
  • No HOA
  • Beamed Ceilings

About This Home

As of March 2015

Welcome Investors!!

This is a charming 4-plex in Downtown Newhall. Don't miss the opportunity to own 4 individual cottages with individual gardens and white picket fences. Units each have copper repipe, newer roofs, newer bathrooms, french doors, central heat and air with their own gas and electric meters. Landlord currently pays water, gardener, and and trash totaling approx $300 per month. All units have quaint front porches and each have their own gardens. Units located in the middle of renovated Downtown Newhall offering pedestrian-oriented 'Main Street' with public buildings, parking garages, an open air market, terrific restaurants, and mixed commercial and residential development. BRING YOUR OFFERS!

Last Agent to Sell the Property

Wendy Gundry

RE/MAX of Santa Clarita License #01250162 Listed on: 02/13/2015

RE/MAX of Santa Clarita

Co-Listed By

Carol Anderson

RE/MAX Gateway License #01185988

Last Buyer's Agent

Wendy Gundry

RE/MAX of Santa Clarita License #01250162 Listed on: 02/13/2015

RE/MAX of Santa Clarita

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,391

Year Built

  • Built in 1930

Lot Details

  • 6,267 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 29 / 24
  • Tax Tract Number 2831
  • Assessor Parcel Number 2831012015

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $2,500
  • Trash Expense $1,056
  • Water Sewer Expense $780
  • New Taxes Expense $8,125
  • Gross Income $4,250
  • Net Operating Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,391

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 6615105370
  • Property Attached: No
  • Subdivision Name Other: Custom Downtown Newhall (CDNEW)
  • Water Sewer Expenses: 780.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2831012015
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Levels: One
  • Price Per Square Foot: 372.02

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Trash Expense: 1056.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6267.00
  • Lot Size Acres: 0.1440

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 400
  • Average2 Bed Area: 500
  • Gross Income: 4250.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6267.0000 Square Feet
  • Net Operating Income: 47400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 3600.00
  • Operating Expense Percent: 4.50
  • Rent Control: No
  • Total Actual Rent: 4250.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Block: 24
  • Tax Lot: 29
  • Tax Tract Number: 2831
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2015
Sold by
Goodwin Leo L
Bought by
Goodwin Leo L and The Goodwin Family Trust
Current Estimated Value
$1,100,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$236,112
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$864,375

Purchase Details

Closed on
Aug 24, 2015
Sold by
Goodwin Leo L and Goodwin Family Trust
Bought by
Goodwin Leo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$236,112
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$864,375

Purchase Details

Listed on
Feb 13, 2015
Closed on
Feb 19, 2015
Sold by
Betsch Bryan and Betsch Lisa
Bought by
Goodwin Leo L and The Goodwin Family Trust
Seller's Agent
Wendy Gundry
RE/MAX of Santa Clarita
Buyer's Agent
Wendy Gundry
RE/MAX of Valencia
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Jul 8, 2003
Sold by
Demji Inc
Bought by
Betsch Bryan and Betsch Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2002
Sold by
Surinarintr Supol
Bought by
Demja Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
7.25%

Purchase Details

Closed on
Mar 18, 2002
Sold by
Chaney Lonie
Bought by
Surinarintr Supol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
7.25%
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
Goodwin Leo L -- North American Title
Goodwin Leo L -- North American Title
Goodwin Leo L -- North American Title
Goodwin Leo L $620,000 Fidelity National Title Co
Betsch Bryan $499,500 Fswt
Demja Inc $259,000 Orange Coast Title
Surinarintr Supol -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodwin Leo L $300,000
Previous Owner Betsch Bryan $384,000
Previous Owner Demja Inc $207,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2015 03/11/15 Sold $625,000 -3.8% $372 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $650,000 -- $387 / 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 $9,391 $648,991 $288,440 $360,551
2024 $9,391 $636,267 $282,785 $353,482
2023 $9,146 $623,792 $277,241 $346,551
2022 $8,996 $611,561 $271,805 $339,756
2021 $8,828 $599,571 $266,476 $333,095
2020 $8,719 $593,424 $263,744 $329,680
2019 $8,519 $581,789 $258,573 $323,216
2018 $8,343 $570,382 $253,503 $316,879
2016 $8,841 $629,455 $251,782 $377,673
2015 $8,053 $567,835 $390,388 $177,447
2014 $7,937 $556,713 $382,741 $173,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15031349

California Regional Multiple Listing Service (CRMLS)

APN: 2831-012-015