NOT LISTED FOR SALE

Estimated Value: $1,504,000 - $2,003,669

4 Beds
3 Baths
2,292 Sq Ft
$779/Sq Ft Est. Value

Last Sold March 29, 2012

Last sale price $740,000 $323 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $10,716/month

166 Days on Market

Highlights

  • Corner Lot
  • Cottage
  • Carpet
  • Madison Elementary School Rated A+
  • Wood Burning Fireplace
  • Wall Furnace

About This Home

As of March 2012

OWNER WILL DO A 1031 EXCHANGE BUYER TO COOPERATE
Two single units and a nice owners unit with 3 bed one bath, fireplace and laundry room, deck. Corner property. Shared yard, parking plus garages. Permitted guesthouse behind the garage
Subject to inspection.
2 units are rented month to month. House is on one year lease till 8/31/2012.

Last Agent to Sell the Property

Mary Haack

The Realestate Group License #00865749 Listed on: 09/17/2011

The Realestate Group

Last Buyer's Agent

Hiu Chan

Hiu Chan, Broker License #01297322

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,327

Year Built

  • Built in 1940

Lot Details

  • 7,500 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Community Parking Structure

Home Design

  • Cottage
  • Cosmetic Repairs Needed
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,292 Sq Ft Home
  • Wood Burning Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 4153
  • Tax Tract Number 12
  • Assessor Parcel Number 4153025012

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $300
  • Water Sewer Expense $300
  • New Taxes Expense $860
  • Gross Income $800
  • Net Operating Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,327

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Water Sewer Expenses: 300.00
  • Architectural Style: Cottage
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 4153025012
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Wood Burning
  • Levels: Two
  • Price Per Square Foot: 322.86

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Community Structure
  • Total Parking Spaces: 7.00

Utilities

  • Heating: Yes
  • Appliances: Refrigerator
  • Heating Type: Wall Furnace
  • Trash Expense: 300.00

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 800.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 22200.00
  • 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: 16800.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 860.00
  • Taxes Percent: 1.25
  • Tax Lot: 4153
  • Tax Tract Number: 012
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2003
Sold by
Swanson Susan G
Bought by
Swanson Susan G and Swanson Trust
Current Estimated Value
$1,769,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.85%

Purchase Details

Closed on
Jul 23, 2001
Sold by
Swanson Susan G
Bought by
Swanson Susan G and Swanson Trust
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
Swanson Susan G -- --
Swanson Susan G -- American Title Co
Swanson Susan G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Susan G $316,500
Closed Swanson Susan G $100,000
Closed Swanson Susan G $322,700
Previous Owner Swanson Susan G $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2012 03/29/12 Sold $740,000 -10.3% $323 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
09/17/2011 09/17/11 For Sale $825,000 -- $360 / 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 $12,327 $929,469 $653,144 $276,325
2024 $12,327 $911,245 $640,338 $270,907
2023 $12,117 $893,379 $627,783 $265,596
2022 $11,833 $875,863 $615,474 $260,389
2021 $11,488 $858,690 $603,406 $255,284
2019 $11,148 $833,682 $585,509 $248,173
2018 $10,787 $817,345 $574,029 $243,316
2016 $10,435 $785,167 $551,740 $233,427
2015 $10,260 $773,374 $543,453 $229,921
2014 $10,113 $758,226 $532,808 $225,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S11122905

California Regional Multiple Listing Service (CRMLS)

APN: 4153-025-012