$1,035,000
SOLD MAY 30, 2012
6 Beds
3 Baths
3,220 Sq Ft
7,003 Sq Ft Lot

Recently Sold

$321 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • Heating System Uses Natural Gas
  • Heinz Kaiser Elementary School Rated A

About This Home

As of July 2021

3 Two-story townhouse style units with Large Patios, individual inside Washer/dryers. Huge upstairs bedrooms, individual water heaters and utilities. Drought-tolerant Landscaping and fencing just installed. 3 garages, lots of On-site Parking in addition to the garages. Located One Block from 17th, does NOT back to commercial! Great tenants, great location, room for rent increases.(Unit B just leased at New Rents) GET A TRIPLEX Newport-Adjacent for the price of a Duplex in Newport! IF you are looking to purchase 2 buildings, Seller may consider selling another Triplex in the area.

Last Agent to Sell the Property

pat havel

Pacific Crest Realty License #00671434 Listed on: 03/26/2012

Last Buyer's Agent

Kelly Lidgard

Andrew Lidgard Real Estate Inc License #01262013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 7,003 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 3 Car Garage

Home Design

  • 3,220 Sq Ft Home
  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Tract Number 3202
  • Assessor Parcel Number 42546204

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $1,000
  • Water Sewer Expense $600
  • New Taxes Expense $11,000
  • Gross Income $5,325
  • Net Operating Income $61,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 5.70
  • View: No
  • Water Sewer Expenses: 600.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 42546204
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 321.43

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Dryer Included, Washer Included
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50x140
  • Lot Size Sq Ft: 7003.00
  • Lot Size Acres: 0.1610

Multi Family

  • Average1 Bed Area: 1073
  • Gross Income: 5325.00
  • Gross Multiplier: 16.82
  • Gross Scheduled Income: 63900.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 7003.0000 Square Feet
  • Net Operating Income: 61300.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 2
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Patio: 3
  • Number With Refrigerator: 1
  • Operating Expense: 2600.00

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Area: 15007
  • Tax Lot: 0.
  • Tax Tract Number: 3202

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $2,000,000 +0.1% $621 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $1,999,000 +93.1% $621 / Sq Ft
05/30/2012 05/30/12 Sold $1,035,000 -3.7% $321 / Sq Ft
03/31/2012 03/31/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $1,075,000 -- $334 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12001236

California Regional Multiple Listing Service (CRMLS)

APN: 425-462-04