NOT LISTED FOR SALE
5 Beds
4 Baths
2,562 Sq Ft
7,187 Sq Ft Lot

Sale Details

Date Sold: July 13, 2017

Last sale price $1,080,000 $422 Per Sq Ft

20 Days on Market

Highlights

  • 0.17 Acre Lot
  • Tile Countertops
  • Tile Flooring
  • 3 Car Attached Garage
  • Laundry Room
  • Guest Parking

About This Home

As of July 2017

HUGE Price Reduction on this wonderful investment property on a tree lined street in Willow Glen across from single family residences. This is a duplex with a 3/2 and a 2/2. Larger unit is approx 1562 SF, 3 bedroom, 2 bath, living room w/fireplace, large in-eat kitchen w/family room, inside laundry area & attached 2-car garage. Second unit is approx 1000 sf, 2 bedroom, 2 bath, inside laundry room & attached one-car garage. Both units have separate private fenced backyards. Central air conditioning. Private units feel like houses. Wonderful location close to major freeways, shopping & schools.

Last Agent to Sell the Property

Glenn Kinsey

Glenn R. Kinsey, Broker License #00328378 Listed on: 05/05/2017

Last Buyer's Agent

Mike Masoumi

RE/MAX Properties West License #00887609

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 7,187 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,562 Sq Ft Home
  • 1-Story Property

Kitchen

  • Built-In Oven
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $55,200

Community Details

Overview

  • 2,562 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Other Expense $2,015
  • Operating Expense $12,615
  • Gross Income $55,200

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

7,187 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2562
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Laminate, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Built-In, Oven Range, Refrigerator, Varies By Unit
  • Living Sq Ft: 2562
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Bbq Area, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Construction Type: Masonry

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1650
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7200.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.35
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expenses Other: 2015
  • Expenses Total: 12615
  • Income Annual Gross: 55200.00
  • Income Annual Rental: 55200
  • Income Gross Scheduled: 55200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2018
Sold by
Maesumi Masud
Bought by

Purchase Details

Listed on
May 5, 2017
Closed on
Jul 7, 2017
Sold by
Maesumi Mojgan
Bought by
Maesumi Masud
Seller's Agent
Glenn Kinsey
Glenn R. Kinsey, Broker
Buyer's Agent
Mike Masoumi
RE/MAX Properties West
List Price
$1,200,000
Sold Price
$1,080,000
Premium/Discount to List
-$120,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 22, 2017
Sold by
Schaben Heather A
Bought by
Masoumi Mostafa Mike and Maesumi Masud
Seller's Agent
Glenn Kinsey
Glenn R. Kinsey, Broker
Buyer's Agent
Mike Masoumi
RE/MAX Properties West
List Price
$1,200,000
Sold Price
$1,080,000
Premium/Discount to List
-$120,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 16, 2017
Sold by
Masoumi Marjon
Bought by
Masoumi Mostafa Mike
Seller's Agent
Glenn Kinsey
Glenn R. Kinsey, Broker
Buyer's Agent
Mike Masoumi
RE/MAX Properties West
List Price
$1,200,000
Sold Price
$1,080,000
Premium/Discount to List
-$120,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 27, 2015
Sold by
Schaben Heather Alicia Van Hooser
Bought by
Schaben Heather A and The Heather A Schaben Living Trust

Purchase Details

Closed on
Dec 31, 2014
Sold by
Vanhooser Bruce and Schaben Heather Alicia
Bought by
Vanhooser Schaben Heather Alicia

Purchase Details

Closed on
Aug 4, 1999
Sold by
Trustee Stanford Kenneth D And Dolores M
Bought by
Vanhooser John M and Vanhooser Vida L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
7.75%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Maesumi Masud -- Chicago Title Company
Masoumi Mostafa Mike $1,080,000 Chicago Title Company
Masoumi Mostafa Mike -- Chicago Title Company
Schaben Heather A -- None Available
Vanhooser Schaben Heather Alicia -- None Available
Vanhooser John M $420,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $550,000
Closed Masoumi Mostafa Mike $648,000
Previous Owner Vanhooser John M $266,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/13/2017 07/13/17 Sold $1,080,000 +1.1% $422 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/24/2017 05/24/17 Price Changed $1,068,000 -11.0% $417 / Sq Ft
05/05/2017 05/05/17 For Sale $1,200,000 -- $468 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $17,113 $1,241,822 $870,436 $371,386
2025 $16,133 $1,217,473 $853,369 $364,104
2024 $16,133 $1,193,602 $836,637 $356,965
2023 $15,813 $1,170,199 $820,233 $349,966
2022 $15,661 $1,147,254 $804,150 $343,104
2021 $15,314 $1,124,760 $788,383 $336,377
2020 $14,919 $1,113,228 $780,300 $332,928
2019 $14,578 $1,091,400 $765,000 $326,400
2018 $14,423 $1,070,000 $750,000 $320,000
2017 $8,328 $549,578 $264,858 $284,720
2016 $8,137 $538,803 $259,665 $279,138
2015 $8,111 $530,711 $255,765 $274,946
2014 $7,168 $520,316 $250,755 $269,561
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81650132

MLSListings

APN: 455-29-058

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