NOT LISTED FOR SALE

Estimated Value: $402,000 - $505,000

6 Beds
3 Baths
2,301 Sq Ft
$195/Sq Ft Est. Value

Last Sold January 29, 2015

Last sale price $196,000 $85 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,712/month

139 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Contemporary Architecture
  • Evaporated cooling system
  • Turnkey

About This Home

As of January 2015

Investor owned tri-plex consisting of 3-2bedroom 1 bath units. Fully occupied. All units are in good overall condition. Roof, fixtures and appliances are all in good condition.
Hi demand area, located close to all school and shopping.
Drive by only DO NOT disturb the occupants, they are unaware property is for sale.
All offers are subject to interior inspection.

Last Agent to Sell the Property

Pete Anagnos

PGA REALTY License #00981784 Listed on: 11/30/2014

Last Buyer's Agent

Christine Simonsen

KELLER WILLIAMS RIVERSIDE CENT License #01060151

KELLER WILLIAMS RIVERSIDE CENT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,826

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Home Design

  • Contemporary Architecture
  • Property Attached
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,301 Sq Ft Home
  • Drapes & Rods
  • Carpet

Kitchen

  • Gas Oven
  • Free-Standing Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 3 Parking Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 437033010

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $780
  • Water Sewer Expense $720
  • New Taxes Expense $1,600
  • Gross Income $2,000
  • Net Operating Income $19,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,826

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Number: 951-684-2424
  • Property Attached: Yes
  • Water Sewer Expenses: 720.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 437033010
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 85.18
  • Room Type: All Bedrooms Down
  • Window Features: Drapes

Exterior Features

  • Foundation: Slab
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 780.00
  • Water Source: Public
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 600
  • Gross Income: 2000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 19700.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Drapes: 1
  • Number With Range: 3
  • Operating Expense: 4300.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1600.00
  • Tax Lot: 00
  • Tax Tract Number: 00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2014
Closed on
Dec 5, 2014
Sold by
Riffle Sarah
Bought by
Mellor Nathan Lawrence
Seller's Agent
Pete Anagnos
PGA REALTY
Buyer's Agent
Christine Simonsen
KELLER WILLIAMS RIVERSIDE CENT
List Price
$199,900
Sold Price
$196,000
Premium/Discount to List
-$3,900
-1.95%
Current Estimated Value
$448,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,318
Avg. Annual Appreciation
8.69%
Original Mortgage
$147,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2014
Sold by
Anagnos Properties Llc
Bought by
Mellor Nathan Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2014
Sold by
Anagnos Pete and Anagnos Joanne
Bought by
Anagnos Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2014
Sold by
Wilson Peggy
Bought by
Anagnos Pete and Anagnos Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2010
Sold by
Link May
Bought by
Link May and Wilson Margaret

Purchase Details

Closed on
Jul 25, 2005
Sold by
Link May
Bought by
Link May
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
Mellor Nathan Lawrence -- Chicago Title Company
Mellor Nathan Lawrence $196,000 Chicago Title
Anagnos Properties Llc -- None Available
Anagnos Pete $140,000 Chicago Title Company
Link May -- None Available
Link May -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mellor Nathanial $227,500
Previous Owner Mellor Nathan Lawrence $147,000
Previous Owner Anagnos Pete $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2015 01/29/15 Sold $196,000 -2.0% $85 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
09/10/2014 09/10/14 For Sale $199,900 -- $87 / 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 $2,826 $235,553 $42,059 $193,494
2023 $2,826 $226,408 $40,427 $185,981
2022 $2,761 $221,970 $39,635 $182,335
2021 $2,717 $217,618 $38,858 $178,760
2020 $2,697 $215,388 $38,460 $176,928
2019 $2,712 $211,165 $37,706 $173,459
2018 $2,599 $207,025 $36,967 $170,058
2017 $2,547 $202,967 $36,243 $166,724
2016 $2,433 $198,988 $35,533 $163,455
2015 $2,163 $175,000 $35,000 $140,000
2014 $856 $60,961 $7,956 $53,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14195470

California Regional Multiple Listing Service (CRMLS)

APN: 437-033-010