NOT LISTED FOR SALE

Estimated Value: $746,924 - $825,000

5 Beds
3 Baths
1,438 Sq Ft
$554/Sq Ft Est. Value

Last Sold October 05, 2016

Last sale price $438,000 $305 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,523/month

12 Days on Market

About This Home

As of October 2016

Welcome to this beautiful duplex in LA! Both units have been completely remodeled and vacant. Live in one, rent the other. Front unit is 3 bedroom, 2 bath with almost 800 sq ft of living space, master has ensuite bathroom, new tile floor in living room, new laminate wood floor in bedrooms, new kitchen cabinets with granite countertops, washer and dryer hook ups, new paint inside and out, new plumbing and new landscaping. Back unit has 2 bedrooms/ 1 bath with over 600 sq ft of living space. Freshly painted throughout with new kitchen cabinets and granite countertops in the kitchen and the bathroom. The property has a side entrance for possible RV access, and a long drive way for multiple car parking.

Last Agent to Sell the Property

Martha Carrasco

Keller Williams North Valley License #01734066 Listed on: 08/11/2016

Keller Williams North Valley

Last Buyer's Agent

Gilbert Cabrera Jr.

Nueva Real Estate License #01896524

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,524

Year Built

  • Built in 1931

Lot Details

  • 5,116 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Home Design

  • 1,438 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 10420
  • Assessor Parcel Number 6052009024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,080
  • Trash Expense $480
  • New Taxes Expense $5,312
  • Gross Income $3,400
  • Net Operating Income $34,488

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,524

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6052009024
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 304.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5116.00
  • Price Per Lot Square Foot: 83.07

Multi Family

  • Gross Income: 3400.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1080.00
  • Net Operating Income: 34488.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6312.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5312.00
  • Tax Lot: 24
  • Tax Tract Number: 10420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Aug 27, 2016
Sold by
Investment Real Estate Properties Inc
Bought by
Padilla Edwin and Angel Cindy
Seller's Agent
Martha Carrasco
Keller Williams North Valley
Buyer's Agent
Gilbert Cabrera Jr.
Nueva Real Estate
List Price
$425,000
Sold Price
$438,000
Premium/Discount to List
$13,000
3.06%
Current Estimated Value
$730,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,123
Avg. Annual Appreciation
6.97%
Original Mortgage
$430,066
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2015
Sold by
Gonzalez Daniel
Bought by
Investment Real Estate Properties Inc

Purchase Details

Listed on
Jun 6, 2012
Closed on
Sep 17, 2014
Sold by
Montano Investments Inc
Bought by
Gonzalez Daniel
Seller's Agent
Ivery Summers
The Collective Realty
Buyer's Agent
Allen Medenilla
List Price
$174,900
Sold Price
$109,000
Premium/Discount to List
-$65,900
-37.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.98%
Original Mortgage
$185,000
Interest Rate
4.11%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 6, 2012
Closed on
Aug 4, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Montano Investments Inc
Seller's Agent
Ivery Summers
The Collective Realty
Buyer's Agent
Allen Medenilla
List Price
$174,900
Sold Price
$109,000
Premium/Discount to List
-$65,900
-37.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 2012
Sold by
Saxon Mortgage Services Inc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 16, 2011
Sold by
Reyes Nelson and Reyes Araceli
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
Jul 16, 2001
Sold by
Hud
Bought by
Affordable Housing Clearinghouse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,823
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2001
Sold by
Bank Of America Na
Bought by
Hud

Purchase Details

Closed on
Nov 17, 2000
Sold by
Cabrera Jose Luis
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 26, 1999
Sold by
Zamora Martha
Bought by
Cabrera Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,553
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 1999
Sold by
Delaney Jason
Bought by
Zamora Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.92%

Purchase Details

Closed on
May 14, 1999
Sold by
Garrison Trust Garrison Marshall And Selena T
Bought by
Zamora Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.92%
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
Padilla Edwin $438,000 Fatco
Investment Real Estate Properties Inc -- None Available
Gonzalez Daniel $185,000 None Available
Montano Investments Inc $155,000 First American Title Ins Co
Federal Home Loan Mortgage Corp -- None Available
Saxon Mortgage Services Inc $144,690 Accommodation
Affordable Housing Clearinghouse $115,500 Stewart Title
Hud -- First American Title Ins Co
Bank Of America Na $192,596 First American Title Ins Co
Cabrera Jose Luis $177,000 Commonwealth Land Title Co
Zamora Martha -- Commonwealth Title
Zamora Martha $90,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Edwin $408,500
Closed Padilla Edwin $430,066
Previous Owner Montano Investment Inc $185,000
Previous Owner Reyes Nelson $357,000
Previous Owner Reyes Nelson $30,000
Previous Owner Reyes Nelson $255,000
Previous Owner Affordable Housing Clearinghouse $141,823
Previous Owner Cabrera Jose Luis $175,553
Previous Owner Zamora Martha $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2016 10/05/16 Sold $438,000 +3.1% $305 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $425,000 +289.9% $296 / Sq Ft
09/19/2014 09/19/14 Sold $109,000 -37.7% $141 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
06/06/2012 06/06/12 For Sale $174,900 -- $227 / 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 $6,524 $508,330 $232,114 $276,216
2024 $6,524 $498,363 $227,563 $270,800
2023 $6,402 $488,592 $223,101 $265,491
2022 $6,115 $479,013 $218,727 $260,286
2021 $6,037 $469,622 $214,439 $255,183
2020 $6,093 $464,808 $212,241 $252,567
2019 $5,860 $455,695 $208,080 $247,615
2018 $5,744 $446,760 $204,000 $242,760
2016 $3,137 $233,507 $162,440 $71,067
2015 $3,090 $230,000 $160,000 $70,000
2014 $2,354 $163,940 $102,463 $61,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16176551

California Regional Multiple Listing Service (CRMLS)

APN: 6052-009-024