NOT LISTED FOR SALE

Estimated Value: $479,000 - $817,000

5 Beds
3 Baths
2,394 Sq Ft
$254/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $430,000 $180 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,588/month

3 Days on Market

Highlights

  • Laundry Room
  • Back Yard
  • 1-Story Property
  • Cope Middle School Rated A-

About This Home

As of February 2019

Great Investment opportunity! Two Units near hospital, shopping center, etc.

Last Agent to Sell the Property

Larry Min

UNIVERSITY REALTY INC. License #01782954 Listed on: 02/01/2019

Last Buyer's Agent

Jeanine Wilson

First Team Real Estate License #01823996

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,592

Year Built

  • Built in 1955

Lot Details

  • 7,590 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 4 Car Garage

Interior Spaces

  • 2,394 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 2906
  • Assessor Parcel Number 0283191090000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $1,500
  • New Taxes Expense $5,000
  • Operating Expense $8,000
  • Gross Income $20,400
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,592

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 0283191090000
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 179.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7590.00
  • Lot Size Acres: 0.1742

Multi Family

  • Gross Income: 20400.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7590.0000 Square Feet
  • Net Operating Income: 20400.00
  • 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: 3000.00
  • Rent Control: No
  • Total Expenses: 8000.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Census Tract: 73.05
  • Tax Lot: 9
  • Tax Tract Number: 2906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Feb 11, 2019
Sold by
Tanghal Samuel S and Tanghal Janet R
Bought by
Nicholson Victor L
Seller's Agent
Larry Min
UNIVERSITY REALTY INC.
Buyer's Agent
Jeanine Wilson
First Team Real Estate
List Price
$430,000
Sold Price
$430,000
Current Estimated Value
$608,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,376
Avg. Annual Appreciation
5.47%
Original Mortgage
$444,190
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Feb 7, 2014
Sold by
Armeanu Samuel
Bought by
Hilo Linda T and Akroush Alex

Purchase Details

Closed on
Apr 20, 2004
Sold by
Tanghal Samuel S and Tanghal Janet R
Bought by
Tanghal Samuel S and Tanghal Janet R

Purchase Details

Closed on
May 14, 2002
Sold by
Tanghal Samuel
Bought by
Tanghal Samuel and Tanghal Janet
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
Nicholson Victor L $430,000 Wfg National Title Co Of Ca
Hilo Linda T $320,000 Old Republic Title
Tanghal Samuel S -- --
Tanghal Samuel S -- --
Tanghal Samuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nicholson Victor L $457,500
Closed Nicholson Victor L $447,038
Closed Nicholson Victor L $444,190
Previous Owner Tanghal Samuel S $70,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $430,000 0.0% $180 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $430,000 -- $180 / 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 $3,592 $479,672 $145,017 $334,655
2024 $3,592 $470,267 $142,174 $328,093
2023 $5,580 $461,046 $139,386 $321,660
2022 $5,499 $452,006 $136,653 $315,353
2021 $5,599 $443,144 $133,974 $309,170
2020 $5,516 $438,600 $132,600 $306,000
2019 $2,468 $195,248 $27,319 $167,929
2018 $2,408 $191,419 $26,783 $164,636
2017 $2,388 $187,666 $26,258 $161,408
2016 $2,361 $183,986 $25,743 $158,243
2015 $2,344 $181,222 $25,356 $155,866
2014 $2,303 $177,672 $24,859 $152,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19024369

California Regional Multiple Listing Service (CRMLS)

APN: 0283-191-09