NOT LISTED FOR SALE

Estimated Value: $979,265 - $1,154,000

4 Beds
3 Baths
1,796 Sq Ft
$606/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $605,000 $337 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,612/month

2 Days on Market

About This Home

As of April 2016

This is a great starter triplex in Rose Park South Historic District. The 2-bedroom units is on the first floor and the two-1-bedroom units are on the second floor, there is off-street parking in front of the building. The building has been re-piped and the electrical panel has been upgraded. Two major systems have already been upgraded. This would be an excellent purchase for a buyer to live in the 2-bedroom unit and rent the other two units and reside in the Rose Park area.

Last Agent to Sell the Property

Kristie Pabst

Pabst, Kinney & Associates License #00804122 Listed on: 03/24/2016

Last Buyer's Agent

Ross Gagnon

Coldwell Banker Realty License #01402317

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,292

Year Built

  • Built in 1926

Lot Details

  • 4,271 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 3 Parking Spaces

Home Design

  • 1,796 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Assessor Parcel Number 7262032022

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $380
  • Gardener Expense $700
  • Insurance Expense $1,500
  • Water Sewer Expense $724
  • New Taxes Expense $6,700
  • Gross Income $3,140

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,292

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 724.00
  • Property Type: Residential Income
  • Gardener Expense: 700.00
  • Parcel Number: 7262032022
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 336.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Urban

Lot Info

  • Lot Size Sq Ft: 4271.00
  • Price Per Lot Square Foot: 141.65

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 380.00
  • Gross Income: 3140.00
  • Gross Scheduled Income: 37680.00
  • Insurance Expense: 1500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 10366.00
  • Rent Control: No
  • Total Actual Rent: 3140.00

Tax Info

  • New Taxes Expense: 6700.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
Mar 28, 2016
Sold by
Spery Craig K
Bought by
Jones Ryan and Jones Kendra
Seller's Agent
Kristie Pabst
Pabst, Kinney & Associates
Buyer's Agent
Ross Gagnon
Coldwell Banker Realty
List Price
$599,000
Sold Price
$605,000
Premium/Discount to List
$6,000
1%
Current Estimated Value
$1,100,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,017
Avg. Annual Appreciation
6.51%
Original Mortgage
$453,750
Outstanding Balance
$201,700
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$886,866

Purchase Details

Closed on
Feb 13, 2003
Sold by
Spery Craig K
Bought by
Spery Craig K and Craig K Spery Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 1997
Sold by
World S & L Assn Fsla
Bought by
Spery Craig K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
8.13%

Purchase Details

Closed on
Dec 26, 1995
Sold by
Skidmore Tom and Skidmore Judy
Bought by
World S & L Assn Fsla
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
Jones Ryan $605,000 Fidelity National Title Co
Spery Craig K -- --
Spery Craig K $138,000 Fidelity National Title Co
World S & L Assn Fsla $157,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Ryan $453,750
Previous Owner Spery Craig K $262,500
Previous Owner Spery Craig K $124,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $605,000 +1.0% $337 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $599,000 -- $334 / 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 $9,292 $716,190 $503,109 $213,081
2024 $9,292 $702,148 $493,245 $208,903
2023 $9,133 $688,381 $483,574 $204,807
2022 $8,574 $674,885 $474,093 $200,792
2021 $8,400 $661,653 $464,798 $196,855
2019 $8,280 $642,330 $451,013 $191,317
2018 $8,065 $629,742 $442,170 $187,572
2016 $2,623 $189,850 $66,032 $123,818
2015 $2,526 $187,000 $65,041 $121,959
2014 $2,525 $183,337 $63,767 $119,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16060810

California Regional Multiple Listing Service (CRMLS)

APN: 7262-032-022