NOT LISTED FOR SALE

Estimated Value: $591,000 - $622,000

6 Beds
4 Baths
2,999 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 24, 2023

Last sale price $580,000 $193 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,809/month

53 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Central Heating and Cooling System
  • Wood Flooring
  • Laundry Room
  • 4-minute walk to Druding Veteran Memorial Park

About This Home

As of September 2023

Where else can you find a corner lot Tri-plex with tons of potential under $595,000 that has a total of 6+ bedrooms? Don't wait for it to be too late. Make an appointment to view this large 3 separate unit Triplex. Each unit has its own washer and dryer set up with 2 of the units already being rented which allows you to have your home pay for itself while you move into the vacant unit and make this investment property home today. Unit one is a 3 bedroom 2 bathroom with a 1 car attached garage, unit two is a 2 bedroom 1 bathroom and unit three is a 1 bedroom 1 bathroom used as a 2 bedroom 1 bathroom. Call to make an appointment today this property will not last.

Last Agent to Sell the Property

Nick Jenkins

Faith Real Estate Inc. License #01851941 Listed on: 08/02/2023

Last Buyer's Agent

Aja McGown

eXp Realty of Southern California, Inc License #01422360

eXp Realty of Southern California, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,894

Year Built

  • Built in 1962

Lot Details

  • 10,019 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Back and Front Yard

Parking

  • 1 Car Garage
  • 3 Open Parking Spaces
  • Carport
  • Parking Available
  • Front Facing Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Triplex
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Plaster

Interior Spaces

  • 2,999 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 7 / 9
  • Tax Tract Number 9
  • Assessor Parcel Number 437042005
  • $226 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $60
  • Trash Expense $50
  • Water Sewer Expense $300
  • Operating Expense $410
  • Gross Income $2,530
  • Net Operating Income $2,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,894

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Price Per Unit: 198300
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 300.00
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 437042005
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 193.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Concrete, Frame, Plaster

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Range Hood, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2530.00
  • Gross Scheduled Income: 2530.00
  • Insurance Expense: 60.00
  • Lease Term: Month To Month
  • Lot Size Area: 10019.0000 Square Feet
  • Net Operating Income: 2180.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 350.00
  • Rent Control: No
  • Total Actual Rent: 2530.00
  • Total Expenses: 410.00

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 436.01
  • Tax Lot: 7
  • Tax Tract Number: 9
  • TaxOtherAnnualAssessmentAmount: 226.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 4, 2023
Sold by
Vessell-Flowers Vanessa
Bought by
Flowers John
Seller's Agent
Nick Jenkins
Faith Real Estate Inc.
Buyer's Agent
Aja McGown
eXp Realty of Southern California, Inc
List Price
$594,900
Sold Price
$580,000
Premium/Discount to List
-$14,900
-2.5%
Views
299
Current Estimated Value
$590,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,675
Avg. Annual Appreciation
0.76%
Original Mortgage
$522,000
Outstanding Balance
$511,422
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$76,859

Purchase Details

Listed on
Aug 2, 2023
Closed on
Aug 21, 2023
Sold by
Newby Aji
Bought by
Flowers John
Seller's Agent
Nick Jenkins
Faith Real Estate Inc.
Buyer's Agent
Aja McGown
eXp Realty of Southern California, Inc
List Price
$594,900
Sold Price
$580,000
Premium/Discount to List
-$14,900
-2.5%
Views
299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Outstanding Balance
$511,422
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$76,859

Purchase Details

Listed on
Oct 6, 2015
Closed on
Feb 10, 2016
Sold by
Hannigan James P and Hannigan Andrea
Bought by
Newby Aji
Seller's Agent
Phyllis Walker
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Domonique Roberts
Dream Real Estate & Investments
List Price
$265,000
Sold Price
$230,000
Premium/Discount to List
-$35,000
-13.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%
Original Mortgage
$225,834
Interest Rate
3.72%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2003
Sold by
Legend Investment Group Services Inc
Bought by
Hannigan James P and Hannigan Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,950
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2002
Sold by
Preshaw Charles J
Bought by
Legend Investment Group Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,976
Interest Rate
6.22%
Mortgage Type
Commercial
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
Flowers John -- California Title Company
Flowers John $580,000 California Title Company
Newby Aji $230,000 Chicago Title
Hannigan James P $287,000 Chicago Title Co
Legend Investment Group Services Inc $157,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers John $522,000
Previous Owner Newby Aji $295,075
Previous Owner Newby Aji $225,834
Previous Owner Hannigan James P $243,950
Previous Owner Legend Investment Group Services Inc $21,000
Previous Owner 3 T Properties Llc $11,000
Previous Owner Legend Investment Group Services Inc $183,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2023 09/24/23 Sold $580,000 -2.5% $193 / Sq Ft
08/02/2023 08/02/23 For Sale $594,900 +158.7% $198 / Sq Ft
03/21/2016 03/21/16 Sold $230,000 -13.2% $77 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $265,000 -- $88 / 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 $6,894 $591,600 $96,900 $494,700
2023 $6,894 $261,695 $39,821 $221,874
2022 $3,219 $256,565 $39,041 $217,524
2021 $3,168 $251,535 $38,276 $213,259
2020 $3,143 $248,957 $37,884 $211,073
2019 $3,086 $244,077 $37,142 $206,935
2018 $3,030 $239,292 $36,414 $202,878
2017 $2,971 $234,600 $35,700 $198,900
2016 $4,138 $344,686 $54,039 $290,647
2015 $4,084 $339,510 $53,228 $286,282
2014 $3,961 $332,862 $52,187 $280,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23129999

California Regional Multiple Listing Service (CRMLS)

APN: 437-042-005