NOT LISTED FOR SALE

Estimated Value: $628,000 - $729,396

3 Beds
2 Baths
1,478 Sq Ft
$466/Sq Ft Est. Value

Last Sold March 27, 2012

Last sale price $225,000 $152 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $4,173/month

174 Days on Market

Highlights

  • Traditional Architecture
  • Wood Siding
  • No Heating
  • Linda Esperanza Marquez High School Rated A-

About This Home

As of March 2012

Great Income, Great Deal, 2 on a lot, NO RENT CONTROL!

Last Agent to Sell the Property

Jamie Durity

eXp Realty License #01297368 Listed on: 09/06/2011

eXp Realty

Last Buyer's Agent

Jamie Durity

eXp Realty License #01297368 Listed on: 09/06/2011

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,014

Year Built

  • Built in 1952

Lot Details

  • 4,776 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 1,478 Sq Ft Home
  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 15
  • Tax Tract Number 3992
  • Assessor Parcel Number 6202020015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $336
  • Water Sewer Expense $720
  • New Taxes Expense $3,000
  • Gross Income $2,300
  • Net Operating Income $26,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,014

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 11.89
  • View: No
  • Water Sewer Expenses: 720.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6202020015
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 152.23

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Gas Water Heater
  • Trash Expense: 336.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4776.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2300.00
  • Gross Multiplier: 7.97
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 700.00
  • Lot Size Area: 4776.0000 Square Feet
  • Net Operating Income: 26160.00
  • 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: 720.00

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Area: 1064
  • Tax Lot: 15
  • Tax Tract Number: 3992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2011
Closed on
Apr 19, 2012
Sold by
Morales Ricardo
Bought by
Morales Ricardo and Morales Maria
Seller's Agent
Jamie Durity
eXp Realty
Buyer's Agent
Jamie Durity
eXp Realty
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Current Estimated Value
$707,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,519
Avg. Annual Appreciation
8.72%

Purchase Details

Listed on
Sep 6, 2011
Closed on
Mar 15, 2012
Sold by
Morales Maria
Bought by
Morales Ricardo
Seller's Agent
Jamie Durity
eXp Realty
Buyer's Agent
Jamie Durity
eXp Realty
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$116,172
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$573,177

Purchase Details

Listed on
Sep 6, 2011
Closed on
Feb 17, 2012
Sold by
Jasper Construction Inc
Bought by
Morales Ricardo
Seller's Agent
Jamie Durity
eXp Realty
Buyer's Agent
Jamie Durity
eXp Realty
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$116,172
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$573,177

Purchase Details

Listed on
Sep 6, 2011
Closed on
Feb 7, 2012
Sold by
Benjamin Percy
Bought by
Jasper Construction Inc
Seller's Agent
Jamie Durity
eXp Realty
Buyer's Agent
Jamie Durity
eXp Realty
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$116,172
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$573,177

Purchase Details

Closed on
Apr 17, 2006
Sold by
Benjamin Michelle
Bought by
Benjamin Percy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2005
Sold by
Benjamin Percy
Bought by
Benjamin Percy and Benjamin Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2005
Sold by
Benjamin Michelle
Bought by
Benjamin Percy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2005
Sold by
Perez Celia
Bought by
Benjamin Percy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
1.37%
Mortgage Type
New Conventional
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
Morales Ricardo -- Accommodation
Morales Ricardo -- Lawyers Title Company
Morales Ricardo $225,000 Lawyers Title Company
Jasper Construction Inc $187,500 None Available
Benjamin Percy -- Commonwealth
Benjamin Percy -- --
Benjamin Percy -- Investors Title Company
Benjamin Percy $415,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Ricardo $168,750
Previous Owner Benjamin Percy $432,000
Previous Owner Benjamin Percy $332,000
Closed Benjamin Percy $41,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2012 03/27/12 Sold $225,000 -8.2% $152 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
09/06/2011 09/06/11 For Sale $245,000 -- $166 / 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 $5,014 $282,598 $163,280 $119,318
2024 $5,014 $277,058 $160,079 $116,979
2023 $4,601 $271,627 $156,941 $114,686
2022 $4,332 $266,302 $153,864 $112,438
2021 $4,175 $261,082 $150,848 $110,234
2020 $4,199 $258,406 $149,302 $109,104
2019 $4,062 $253,340 $146,375 $106,965
2018 $3,947 $248,373 $143,505 $104,868
2016 $3,784 $238,731 $137,934 $100,797
2015 $3,732 $235,146 $135,863 $99,283
2014 $3,737 $230,541 $133,202 $97,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1105707

California Regional Multiple Listing Service (CRMLS)

APN: 6202-020-015