NOT LISTED FOR SALE

Estimated Value: $1,157,005 - $1,297,000

8 Beds
4 Baths
-- Sq Ft
10,067 Sq Ft Lot

Last Sold October 10, 2012

Last sale price $400,000

Est. 200% increase in value since last sale

Current estimated payment $6,870/month

56 Days on Market

About This Home

As of October 2012

4 Plex building in Murrieta, centrally located to all shopping and freeway access. Each unit has 2 bedrooms, 1.5 baths, with carports. Units are in good condition. All units have Washer and Dryer Hook -ups. All units are rented, Shortsale is Approved at $ 400,000

Last Agent to Sell the Property

Sonia Gonzalez

Del Sol Realty License #01210536 Listed on: 06/28/2012

Last Buyer's Agent

Vincent Paccione

Quail Real Estate License #01714462

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,863

Year Built

  • Built in 1988

Lot Details

  • 10,067

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Shingle Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Parking

  • 12 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Dishwasher
  • Private Pool
  • 10,067 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 30
  • Tax Tract Number 4476
  • Assessor Parcel Number 913171008

Community Details

Overview

  • 4 Units

Recreation

  • Community Pool

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $70
  • Insurance Expense $800
  • Trash Expense $75
  • Water Sewer Expense $300
  • New Taxes Expense $3,500
  • Gross Income $37,400
  • Net Operating Income $37,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,863

Year Built

Built in 1988

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Parcel Number: 913171008
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Levels: Two
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Cable Available
  • Appliances: Dishwasher
  • Trash Expense: 75.00

Condo/Co-op/Association

  • Association Fee: 60.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10067.00
  • Lot Size Acres: 0.2310

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Electric Expense: 70.00
  • Gross Income: 37400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 10067.0000 Square Feet
  • Net Operating Income: 37400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 1000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Lot: 30
  • Tax Rate: 1.25
  • Tax Tract Number: 4476
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Sep 18, 2012
Sold by
Romero Raul
Bought by
Mcgee Timothy
Seller's Agent
Sonia Gonzalez
Del Sol Realty
Buyer's Agent
Vincent Paccione
Quail Real Estate
List Price
$380,000
Sold Price
$400,000
Premium/Discount to List
$20,000
5.26%
Current Estimated Value
$1,201,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$801,501
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Feb 25, 2012
Sold by
Gonzalez Sonia
Bought by
Romero Raul

Purchase Details

Closed on
May 1, 2007
Sold by
Gonzalez Sonia
Bought by
Romero Raul

Purchase Details

Closed on
Aug 12, 2004
Sold by
Romero Raul
Bought by
Gonzalez Sonia

Purchase Details

Closed on
Jun 14, 2000
Sold by
Weber Marc Lindsey and Weber Lan Yun
Bought by
Romero Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,481
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 1999
Sold by
Zern Hong Chang and Yeh Hong Jin
Bought by
Weber Marc Lindsey and Weber Lan Yin

Purchase Details

Closed on
Jul 20, 1998
Sold by
Yeh Shou Shoung and Yeh Fu Mei
Bought by
Weber Marc Lindsey and Weber Lan Yin
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcgee Timothy $400,000 Westminster Title Company
Romero Raul -- None Available
Romero Raul -- None Available
Gonzalez Sonia -- None Available
Romero Raul $245,000 Commonwealth Land Title Co
Weber Marc Lindsey -- Commonwealth Land Title Co
Weber Marc Lindsey -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Raul $235,481
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2012 10/10/12 Sold $400,000 +5.3% --
08/23/2012 08/23/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $380,000 -- --
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 $5,863 $492,556 $113,287 $379,269
2023 $5,863 $473,432 $108,889 $364,543
2022 $5,843 $464,150 $106,754 $357,396
2021 $5,743 $455,050 $104,661 $350,389
2020 $5,689 $450,385 $103,588 $346,797
2019 $5,588 $441,555 $101,557 $339,998
2018 $5,490 $432,898 $99,566 $333,332
2017 $5,420 $424,411 $97,614 $326,797
2016 $5,354 $416,090 $95,700 $320,390
2015 $5,302 $409,841 $94,263 $315,578
2014 $5,073 $401,815 $92,417 $309,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T12085849

California Regional Multiple Listing Service (CRMLS)

APN: 913-171-008