NOT LISTED FOR SALE

Estimated Value: $411,000 - $885,000

6 Beds
4 Baths
2,712 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $290,000 $107 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,324/month

13 Days on Market

Highlights

  • Neighborhood Views
  • Double Pane Windows
  • Evaporated cooling system
  • Harry M. Marsh Junior High School Rated A-
  • Walk-In Closet
  • Tile Countertops

About This Home

As of March 2016

Looking for a great investment opportunity? This 4-plex is centrally located with 2 - 1 bedroom/1 bath and 2- 2 bedroom/1 bath units. Spacious rooms, walk-in closets, ceiling fans, and good storage. Bathrooms feature tub/shower with washer hook-ups in unit. Shared private backyard for tenants to enjoy, with off street parking and on city services. Fully rented and long-term tenants.

Last Agent to Sell the Property

Shari Dixon

Willow & Birch Realty, Inc License #01376347 Listed on: 02/04/2016

Last Buyer's Agent

Shari Dixon

Willow & Birch Realty, Inc License #01376347 Listed on: 02/04/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,760

Year Built

  • Built in 1962

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Back Yard

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,712 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Neighborhood Views

Kitchen

  • Gas Range
  • Tile Countertops
  • Formica Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 005247008000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $210
  • Insurance Expense $842
  • Trash Expense $1,268
  • Water Sewer Expense $1,546
  • New Taxes Expense $2,184
  • Gross Income $2,400
  • Net Operating Income $22,514

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,760

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerators in units
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 1546.00
  • Property Type: Residential Income
  • Gardener Expense: 210.00
  • Parcel Number: 005247008000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Formica Counters, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 106.93
  • Room Type: Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator, Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Washer Hookup
  • Trash Expense: 1268.00
  • Water Source: Public
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Gutters, Sidewalks

Lot Info

  • Lot Features: Back Yard, Level with Street
  • Lot Size Sq Ft: 4792.00
  • Price Per Lot Square Foot: 60.52
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 25674.00
  • Insurance Expense: 842.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 22514.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 1
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 3160.00
  • Rent Control: No
  • Total Actual Rent: 2400.00

Tax Info

  • New Taxes Expense: 2184.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
Mar 8, 2016
Sold by
Zukrow Monica and Green David
Bought by
Chiramberro Anne Marie
Seller's Agent
Shari Dixon
Willow & Birch Realty, Inc
Buyer's Agent
Shari Dixon
Willow & Birch Realty, Inc
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%
Current Estimated Value
$567,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,797
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Decker Richard B and Decker Barbara L
Bought by
Zukrow Monica and Green David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,425
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2009
Sold by
Decker Richard B and Decker Barbara L
Bought by
Decker Richard B and Decker Barbara L
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
Chiramberro Anne Marie $290,000 Mid Valley Title & Escrow Co
Zukrow Monica $195,000 Mid Valley Title & Escrow Co
Decker Richard B -- None Available
Decker Richard B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zukrow Monica $145,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2016 03/10/16 Sold $290,000 -6.5% $107 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $310,000 -- $114 / 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 $3,760 $343,295 $130,214 $213,081
2024 $3,760 $336,564 $127,661 $208,903
2023 $3,716 $329,965 $125,158 $204,807
2022 $3,658 $323,496 $122,704 $200,792
2021 $3,586 $317,154 $120,299 $196,855
2020 $3,578 $313,903 $119,066 $194,837
2019 $3,517 $307,749 $116,732 $191,017
2018 $3,451 $301,716 $114,444 $187,272
2017 $3,377 $295,800 $112,200 $183,600
2016 $2,213 $206,899 $53,050 $153,849
2015 $2,212 $203,793 $52,254 $151,539
2014 $2,164 $199,802 $51,231 $148,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16024766

California Regional Multiple Listing Service (CRMLS)

APN: 005-247-008-000