NOT LISTED FOR SALE

Estimated Value: $523,000 - $745,000

6 Beds
3 Baths
2,468 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $220,000 $89 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,365/month

125 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • Evaporated cooling system
  • All Bedrooms Downstairs
  • Traditional Architecture
  • Laundry Room

About This Home

As of October 2015

Good price for this 3 bedroom 1 bath detached home plus a duplex in the front. These are considered as a Triplex
from tax roll records. The duplexes are 1 bedroom 1 bath...plus a 2 bedroom 1 bath. Newer roof on the duplex plus
freshly painted on the exterior. Each unit has its own electric and gas meter ... 1 water meter for all 3 units.
Tax rolls show a total of 2,468 sq. ft....plus a two car carport.

Last Agent to Sell the Property

Gary Lee

CORNERSTONE REAL ESTATE GROUP License #01020089 Listed on: 09/09/2015

Last Buyer's Agent

Norma Esquivel

GOLDEN EAGLE PROPERTIES License #01733868

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,500 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Paved or Partially Paved Lot

Home Design

  • 2,468 Sq Ft Home
  • Traditional Architecture
  • Property Attached
  • Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 24
  • Assessor Parcel Number 0140091200000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $780
  • Trash Expense $960
  • Water Sewer Expense $1,020
  • New Taxes Expense $636
  • Gross Income $2,300
  • Net Operating Income $24,204

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Water Sewer Expenses: 1020.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0140091200000
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 89.14
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Washer Hookup
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Paved, Near Public Transit
  • Lot Size Sq Ft: 6500.00
  • Price Per Lot Square Foot: 33.85
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 780.00
  • Lot Size Area: 6500.0000 Square Feet
  • Net Operating Income: 24204.00
  • 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: 283.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 636.00
  • Tax Lot: 24
  • Tax Tract Number: 00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2022
Sold by
Madrigal Ernesto E and Madrigal Irma Paulina
Bought by
Madrigal Family Trust
Current Estimated Value
$590,618

Purchase Details

Listed on
Sep 9, 2015
Closed on
Oct 5, 2015
Sold by
Alaniz Irma
Bought by
Torres Ernesto Enrique Madrigal
Seller's Agent
Gary Lee
CORNERSTONE REAL ESTATE GROUP
Buyer's Agent
Norma Esquivel
GOLDEN EAGLE PROPERTIES
List Price
$209,500
Sold Price
$220,000
Premium/Discount to List
$10,500
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$165,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2015
Closed on
Sep 25, 2015
Sold by
Revocabl Norton Mikle W
Bought by
Torres Ernesto Enrique Madrigal
Seller's Agent
Gary Lee
CORNERSTONE REAL ESTATE GROUP
Buyer's Agent
Norma Esquivel
GOLDEN EAGLE PROPERTIES
List Price
$209,500
Sold Price
$220,000
Premium/Discount to List
$10,500
5.01%

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
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1993
Sold by
Norton Mikle W
Bought by
Norton Mikle W and Hall Marjorie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,805
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 1993
Sold by
Norton Mikle W
Bought by
The Marjorie Jouline Hall Revocable Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Madrigal Family Trust -- --
Madrigal Ernesto E -- Simplifile
Torres Ernesto Enrique Madrigal -- First American Title Company
Torres Ernesto Enrique Madrigal $220,000 First American Title
Norton Mikle W -- United Title Company
The Marjorie Jouline Hall Revocable Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Ernesto Enrique Madrigal $165,000
Previous Owner Norton Mikle W $76,805
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $220,000 +5.0% $89 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $209,500 -- $85 / 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 $3,350 $260,435 $52,087 $208,348
2024 $3,350 $255,329 $51,066 $204,263
2023 $3,266 $250,323 $50,065 $200,258
2022 $3,272 $245,414 $49,083 $196,331
2021 $3,277 $240,602 $48,121 $192,481
2020 $3,285 $238,135 $47,628 $190,507
2019 $3,188 $233,466 $46,694 $186,772
2018 $3,152 $228,888 $45,778 $183,110
2017 $3,055 $224,400 $44,880 $179,520
2016 $2,964 $220,000 $44,000 $176,000
2015 $647 $48,549 $9,781 $38,768
2014 $629 $47,598 $9,589 $38,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15109797

California Regional Multiple Listing Service (CRMLS)

APN: 0140-091-20