NOT LISTED FOR SALE

Estimated Value: $808,000 - $1,023,000

1 Bed
1 Bath
1,215 Sq Ft
$718/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $385,000 $317 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,368/month

5 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • J. Marion Roynon Elementary School Rated A-
  • Level Lot
  • 1-minute walk to Lincoln Mini Park

About This Home

As of April 2015

2 on a lot with 2 separate 1 bedroom, 1 bathroom homes plus a separate 4+ car garage. DRIVE BY ONLY, PLEASE DO NOT DISTURM THE TENANTS. Property sold 'as-is'

Last Agent to Sell the Property

DAVID BRIGHTON

RE/MAX MASTERS REALTY License #00544416 Listed on: 03/04/2015

Last Buyer's Agent

DAVID BRIGHTON

RE/MAX MASTERS REALTY License #00544416 Listed on: 03/04/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,643

Year Built

  • Built in 1940

Lot Details

  • 10,666 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Level Lot
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 1,215 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Wall Furnace
  • Septic Type Unknown

Additional Features

  • Laundry Room
  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, trash collection, water
  • Tax Lot 1
  • Tax Tract Number 11111
  • Assessor Parcel Number 8375027024

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $600
  • Professional Management Expense $2,400
  • New Taxes Expense $5,200
  • Gross Income $2,000
  • Net Operating Income $19,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,643

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Property Type: Residential Income
  • Parcel Number: 8375027024
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 316.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Individual Room
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks, Suburban

Lot Info

  • Lot Features: Back Yard, 2-5 Units/Acre, Front Yard, Level, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10666.00
  • Lot Size Acres: 0.2450

Rental Info

  • Tenant Pays: Electricity, Gas, Grounds Care, Trash Collection, Water

Multi Family

  • Gross Income: 2000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 600.00
  • Lot Size Area: 10666.0000 Square Feet
  • Net Operating Income: 19000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Other Income Description: Utilities paid by tenants
  • Rent Control: No
  • Total Actual Rent: 2000.00

Tax Info

  • New Taxes Expense: 5200.00
  • Tax Lot: 1
  • Tax Tract Number: 11111
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2019
Sold by
Chaar Wafaa
Bought by
The Wataa Chaar Living Trust
Total Days on Market
5
Current Estimated Value
$872,701

Purchase Details

Listed on
Mar 4, 2015
Closed on
Mar 18, 2015
Sold by
Kaminske Roy and Sumaro Living Trust
Bought by
Brighton David W
Seller's Agent
DAVID BRIGHTON
RE/MAX MASTERS REALTY
Buyer's Agent
DAVID BRIGHTON
RE/MAX MASTERS REALTY
List Price
$414,900
Sold Price
$385,000
Premium/Discount to List
-$29,900
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$269,500
Outstanding Balance
$213,506
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$566,281

Purchase Details

Closed on
Apr 17, 2012
Sold by
Sumaro Family Trust
Bought by
Kaminske Roy

Purchase Details

Closed on
Nov 12, 1997
Sold by
Klinder Karyne M
Bought by
Kaminske Roy and Kaminske Jeanelle

Purchase Details

Closed on
Oct 1, 1997
Sold by
Kaminske Roy M and Kaminske Karyne K
Bought by
Klinder Karyne M

Purchase Details

Closed on
Aug 9, 1994
Sold by
Klinder Karyne M
Bought by
Kaminske Roy M and Kaminske Karyne K

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
8.73%
Source: Public Records

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Range of Values:

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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
The Wataa Chaar Living Trust -- None Available
Brighton David W $385,000 Ticor Title
Kaminske Roy $111,500 First American Title
Kaminske Roy M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brighton David W $269,500
Previous Owner Kaminske Roy M $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2015 04/14/15 Sold $385,000 -7.2% $317 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $414,900 -- $341 / 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
2024 $5,643 $453,634 $235,654 $217,980
2023 $5,519 $444,740 $231,034 $213,706
2022 $5,432 $436,020 $226,504 $209,516
2021 $5,333 $427,471 $222,063 $205,408
2020 $5,275 $423,089 $219,787 $203,302
2019 $5,245 $414,794 $215,478 $199,316
2018 $4,925 $406,661 $211,253 $195,408
2016 $4,747 $390,871 $203,050 $187,821
2015 $2,040 $148,123 $79,707 $68,416
2014 -- $145,222 $78,146 $67,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15047584

California Regional Multiple Listing Service (CRMLS)

APN: 8375-027-024