NOT LISTED FOR SALE

Estimated Value: $770,000 - $1,223,000

7 Beds
6 Baths
3,756 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 26, 2012

Last sale price $319,000 $85 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $5,534/month

2 Days on Market

About This Home

As of September 2012

PLEASE READ REMARKS IN ITS ENTIRETY!!!!!!!!!! FANTASTIC SHORT SALE BUY FOR THIS MULTI FAMILY TRIPLEX UNIT. GREAT INVESTMENT PROPERTY. PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY. UNIT # A, 3+2, UNIT B & C, 2+2. SECTION 8 UNIT A & B, UNIT C, REGULAR RENT. TURNKEY UNITS !!!

Last Agent to Sell the Property

JoAnn Johnson

Pat Owen Realty License #01746109 Listed on: 04/02/2012

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,307

Year Built

  • Built in 1964

Lot Details

  • 9,278

Parking

  • 6 Parking Spaces

Interior Spaces

  • 3,756 Sq Ft Home
  • Fireplace

Utilities

  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 29349
  • Assessor Parcel Number 8366023032

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Water Meters
  • Gross Income $3,500
  • Net Operating Income $34,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,307

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 10.92
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 8366023032
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 84.93

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Electric Water Heater
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Average2 Bed Area: 1000
  • Average3 Bed Area: 1100
  • Gross Income: 3500.00
  • Gross Multiplier: 7.62
  • Gross Scheduled Income: 42000.00
  • Net Operating Income: 34920.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Carpet: 3
  • Number With Disposal: 3
  • Operating Expense: 39900.00
  • Total Actual Rent: 3500.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 29349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2012
Closed on
Aug 27, 2012
Sold by
Martinez Shannon and Martinez Robert M
Bought by
Life Strategy Group Llc
Seller's Agent
JoAnn Johnson
Pat Owen Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$319,900
Sold Price
$319,000
Premium/Discount to List
-$900
-0.28%
Current Estimated Value
$934,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,558
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Mar 16, 2006
Sold by
Martinez Shannon and Martinez Robert M
Bought by
Martinez Shannon and Martinez Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2004
Sold by
Martinez Araceli and Martinez Shannon B
Bought by
Martinez Shannon B and Martinez Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2004
Sold by
Martinez Araceli and Martinez Shannon B
Bought by
Martinez Araceli and Martinez Shannon B

Purchase Details

Closed on
Jul 8, 2003
Sold by
Martinez Araceli
Bought by
Martinez Araceli and Martinez Shannon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2002
Sold by
Qureshi Rashid
Bought by
Martinez Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.86%

Purchase Details

Closed on
Sep 14, 2000
Sold by
Qureshi Mabi
Bought by
Qureshi Rashid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.82%

Purchase Details

Closed on
Sep 7, 2000
Sold by
U S Bank Trust National Assn
Bought by
Qureshi Rashid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.82%

Purchase Details

Closed on
Jul 26, 2000
Sold by
Kanorr Martial and Matheny Christine
Bought by
New Century Home Equity Loan Trust Serie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.82%

Purchase Details

Closed on
Sep 16, 1997
Sold by
Bruyn Paige D
Bought by
Bruyn Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
10.85%

Purchase Details

Closed on
Sep 15, 1997
Sold by
Bruyn Jeffrey Alan
Bought by
Kanorr Martial and Matheny Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
10.85%

Purchase Details

Closed on
Sep 9, 1997
Sold by
U S Bank National Assn
Bought by
Bruyn Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
10.85%

Purchase Details

Closed on
Jan 14, 1997
Sold by
Sanchez Leoncio and American Svgs Bank
Bought by
American Svgs Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Life Strategy Group Llc $310,000 Fidelity National Title Co
Martinez Shannon -- Fidelity National Title
Martinez Shannon B -- Landsafe Title
Martinez Araceli -- First American Title Co
Martinez Araceli -- --
Martinez Araceli $245,000 Fidelity Title
Qureshi Rashid -- First American Title Ins Co
Qureshi Rashid $150,000 First American Title Ins Co
New Century Home Equity Loan Trust Serie $153,000 First American Title Ins Co
Bruyn Jeffrey A -- Investors Title Company
Kanorr Martial $180,000 --
Bruyn Jeffrey A $118,000 Investors Title Company
Us Bank National Assn -- Investors Title Company
American Svgs Bank $195,797 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Shannon $500,300
Previous Owner Martinez Shannon $200,000
Previous Owner Martinez Shannon B $287,000
Previous Owner Martinez Araceli $260,000
Previous Owner Martinez Araceli $196,000
Previous Owner Qureshi Rashid $120,000
Previous Owner Kanorr Martial $162,000
Closed Martinez Araceli $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2012 09/26/12 Sold $319,000 -0.3% $85 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $319,900 -- $85 / 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 $5,307 $381,732 $258,594 $123,138
2024 $5,307 $374,248 $253,524 $120,724
2023 $5,206 $366,910 $248,553 $118,357
2022 $5,120 $359,717 $243,680 $116,037
2021 $4,987 $352,664 $238,902 $113,762
2019 $5,081 $342,206 $231,817 $110,389
2018 $4,686 $335,497 $227,272 $108,225
2016 $4,379 $322,471 $218,448 $104,023
2015 $4,343 $317,628 $215,167 $102,461
2014 $4,378 $311,407 $210,953 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1201814

California Regional Multiple Listing Service (CRMLS)

APN: 8366-023-032