NOT LISTED FOR SALE

Estimated Value: $1,037,000 - $1,434,000

7 Beds
6 Baths
3,756 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $810,000 $216 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,592/month

28 Days on Market

About This Home

As of August 2015

A great investment opportunity for a seasoned or starting investor.Three unit property located in a nice tree-lined street. One unit features 3 bedrooms, and the other 2 units feature 2 bedrooms. 2-car garage for each unit. All 3 units are rented now with potential rent increase.

Last Agent to Sell the Property

The Mark and Al Team

CENTURY 21 MASTERS License #00914322 Listed on: 05/18/2015

CENTURY 21 MASTERS

Last Buyer's Agent

Irma Vargas

Tierra Properties License #00467438

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,391

Year Built

  • Built in 1964

Lot Details

  • 8,289 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • 3,756 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 27461
  • Assessor Parcel Number 8370007015

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $1,220
  • Maintenance Expense $1,200
  • Trash Expense $1,320
  • Water Sewer Expense $2,100
  • New Taxes Expense $9,687
  • Gross Income $3,873
  • Net Operating Income $29,869

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,391

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • CapRate: 4.00
  • Property Attached: No
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 8370007015
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 215.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 1320.00

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8289.00
  • Price Per Lot Square Foot: 97.72
  • Lot Size Acres: 0.1900

Multi Family

  • Gross Income: 3873.00
  • Gross Scheduled Income: 46476.00
  • Insurance Expense: 1220.00
  • Lot Size Area: 8289.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 29869.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Operating Expense: 16607.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9687.00
  • Tax Lot: 16
  • Tax Tract Number: 27461
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Alvarado Paul A and Alvarado Elsa R
Bought by
Alvarado Elsa R and Alvarado Paul A
Current Estimated Value
$1,266,716

Purchase Details

Listed on
May 18, 2015
Closed on
Jun 23, 2015
Sold by
Alvarado Paul Alejandro
Bought by
Alvarado Elsa R
Seller's Agent
The Mark and Al Team
CENTURY 21 MASTERS
Buyer's Agent
Irma Vargas
Tierra Properties
List Price
$775,000
Sold Price
$810,000
Premium/Discount to List
$35,000
4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Feb 27, 2015
Sold by
Dean Douglas H
Bought by
Alvarado Elsa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2012
Sold by
Dean Linda M and Dean Douglas H
Bought by
Dean Douglas H and Dean Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,250
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Dean Douglas H and Dean Linda M
Bought by
Dean Douglas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,600
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2003
Sold by
Dean Douglas H and Dean Linda M
Bought by
Dean Douglas H

Purchase Details

Closed on
Jan 31, 2002
Sold by
Dean Douglas H and Dean Linda M
Bought by
Dean Douglas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alvarado Elsa R -- None Available
Alvarado Elsa R -- None Available
Alvarado Elsa R -- Chicago Title Company
Alvarado Elsa R $810,000 Chicago Title Company
Dean Douglas H -- None Available
Dean Linda M -- None Available
Dean Douglas H -- American Title Co
Dean Douglas H -- --
Dean Douglas H -- --
Dean Douglas H -- Fidelity National Title
Dean Douglas H -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Elsa R $500,000
Previous Owner Dean Linda M $302,250
Previous Owner Dean Douglas H $355,600
Previous Owner Dean Douglas H $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $810,000 +4.5% $216 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $775,000 -- $206 / 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 $11,391 $958,870 $591,896 $366,974
2024 $11,391 $940,070 $580,291 $359,779
2023 $11,140 $921,638 $568,913 $352,725
2022 $10,959 $903,567 $557,758 $345,809
2021 $10,745 $885,851 $546,822 $339,029
2019 $10,534 $859,578 $530,604 $328,974
2018 $10,047 $842,724 $520,200 $322,524
2016 $9,663 $810,000 $500,000 $310,000
2015 $4,960 $388,457 $96,795 $291,662
2014 $4,924 $380,848 $94,899 $285,949
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15106448

California Regional Multiple Listing Service (CRMLS)

APN: 8370-007-015