NOT LISTED FOR SALE

Estimated Value: $978,000 - $1,104,000

1 Bed
1 Bath
2,069 Sq Ft
$502/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $835,000 $404 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,652/month

13 Days on Market

About This Home

As of April 2021

This is a investment opportunity, property consists of three units on a large lot 8,376 square foot lot, two car garage and a large drive-way.

Last Agent to Sell the Property

Frank Aguilar

Fidelity Mortgage Company License #01045429 Listed on: 03/02/2021

Last Buyer's Agent

RONNIE CHAN

R Life Realty License #01932278

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,429

Year Built

  • Built in 1961

Lot Details

  • 8,376 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,069 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 12359
  • Assessor Parcel Number 8107028007

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Water Sewer Expense $7,800
  • New Taxes Expense $11,250
  • Operating Expense $19,900
  • Gross Income $54,000
  • Net Operating Income $47,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,429

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 7800.00
  • Property Type: Residential Income
  • Parcel Number: 8107028007
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 403.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8376.00
  • Lot Size Acres: 0.1923

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 850.00
  • Lot Size Area: 8376.0000 Square Feet
  • Net Operating Income: 47850.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6150.00
  • Rent Control: No
  • Total Expenses: 19900.00

Tax Info

  • New Taxes Expense: 11250.00
  • Tax Lot: 16
  • Tax Tract Number: 12359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 3, 2021
Sold by
Romero Jose R and Majano Maria S
Bought by
Lieu Yen Phi and Lieu Van Do
Seller's Agent
Frank Aguilar
Fidelity Mortgage Company
Buyer's Agent
RONNIE CHAN
R Life Realty
List Price
$900,000
Sold Price
$835,000
Premium/Discount to List
-$65,000
-7.22%
Current Estimated Value
$1,038,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,584
Avg. Annual Appreciation
4.65%
Original Mortgage
$588,750
Outstanding Balance
$534,279
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$485,221

Purchase Details

Closed on
Jan 19, 2006
Sold by
Montano Santos Nicolas
Bought by
Romero Jose R and Majano Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2005
Sold by
Montano Blanca Lidia
Bought by
Montano Santos Nicolas

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
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 22, 2004
Sold by
Constanza Julio
Bought by
Montano Santos Nicolas and Montano Blanca Lidia

Purchase Details

Closed on
Mar 11, 2002
Sold by
Montano Santos Nicolas and Montano Blanca Lidia
Bought by
Montano Santos Nicolas and Montano Blanca Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Interest Rate
7.18%
Mortgage Type
FHA
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
Lieu Yen Phi $835,000 North American Title
Romero Jose R $545,000 Fidelity National Title Co
Montano Santos Nicolas -- United Independent Title
Montano Santos Nicolas -- --
Montano Santos Nicolas -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lieu Yen Phi $588,750
Previous Owner Romero Jose R $468,750
Previous Owner Romero Jose R $436,000
Previous Owner Montano Santos Nicolas $300,000
Previous Owner Montano Santos Nicolas $300,000
Previous Owner Montano Santos Nicolas $152,680
Previous Owner Montano Santos Nicolas $152,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $835,000 -7.2% $404 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $900,000 +12.5% $435 / Sq Ft
08/16/2017 08/16/17 Sold $800,000 -3.0% $556 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $825,000 -- $573 / 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 $12,429 $903,828 $646,210 $257,618
2024 $12,429 $886,107 $633,540 $252,567
2023 $12,227 $868,733 $621,118 $247,615
2022 $11,755 $851,700 $608,940 $242,760
2021 $10,081 $688,058 $441,873 $246,185
2020 $9,781 $681,244 $437,343 $243,901
2019 $9,770 $667,892 $428,768 $239,124
2018 $9,378 $654,801 $420,361 $234,440
2016 $8,965 $629,145 $404,039 $225,106
2015 $8,553 $619,695 $397,970 $221,725
2014 $7,230 $517,000 $369,200 $147,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21042410

California Regional Multiple Listing Service (CRMLS)

APN: 8107-028-007