NOT LISTED FOR SALE

Estimated Value: $290,974 - $676,000

8 Beds
4 Baths
3,000 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 29, 2015

Last sale price $145,000 $48 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $2,632/month

467 Days on Market

About This Home

As of January 2015

heavy fixer......all units vacant.Rents are approximate

Last Agent to Sell the Property

Michael Marks

Neighborhood Real Estate Services License #00978257 Listed on: 09/07/2013

Last Buyer's Agent

Michael Marks

Neighborhood Real Estate Services License #00978257 Listed on: 09/07/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,506

Year Built

  • Built in 1964

Lot Details

  • 6,970

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Fixer Upper
  • Composition Roof

Utilities

  • No Cooling
  • Wall Furnace
  • Cable TV Available

Additional Features

  • 2-Story Property
  • Patio
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity rent only
  • Assessor Parcel Number 265-0122-045-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,506

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1964
  • Architectural Style: Ranch
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: 76
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Gas Cook Top
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 185000.00
  • Patio And Porch Features: Uncovered Patio
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: None
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: r-1
  • Lot Size Acres: 0.1600
  • Lot Dimensions: 92x68
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Cable TV,Electricity,Rent Only
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 265-0122-045-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
Colon Alma and Colon Alma
Bought by
Colon Alma
Current Estimated Value
$461,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,600
Outstanding Balance
$290,260
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$171,734

Purchase Details

Listed on
Sep 7, 2013
Closed on
Jan 26, 2015
Sold by
Colon Hector
Bought by
Colon Alma
Seller's Agent
Michael Marks
Neighborhood Real Estate Services
Buyer's Agent
Michael Marks
Neighborhood Real Estate Services
List Price
$185,000
Sold Price
$145,000
Premium/Discount to List
-$40,000
-21.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$80,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 7, 2013
Closed on
Jan 22, 2015
Sold by
Quon Herman and Quon Sarina
Bought by
Colon Alma
Seller's Agent
Michael Marks
Neighborhood Real Estate Services
Buyer's Agent
Michael Marks
Neighborhood Real Estate Services
List Price
$185,000
Sold Price
$145,000
Premium/Discount to List
-$40,000
-21.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2006
Sold by
Fontecha Michael R and Fontecha Marcel R
Bought by
Quon Herman and Quon Sarina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 25, 2004
Sold by
Fontecha Trisha M
Bought by
Fontecha Marcel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,150
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Hockenhull Herbert Gene and Hockenhull Kirsten Susanne
Bought by
Fontecha Michael R and Fontecha Marcel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,150
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2000
Sold by
Hong Alex and Hong Gloria
Bought by
Hockenhull Herbert Gene and Hockenhull Kirsten S

Purchase Details

Closed on
May 21, 1998
Sold by
Hong Tony and Hong Jenny
Bought by
Hockenhull Herbert Gene and Hockenhull Kirsten Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.35%
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
Colon Alma -- Orange Coast Ttl Co Of Nocal
Colon Alma -- Orange Coast Title Company
Colon Alma $145,000 Orange Coast Title Company
Quon Herman $485,000 Old Republic Title Company
Fontecha Marcel R -- Fidelity National Title Co
Fontecha Michael R $383,500 Fidelity National Title Co
Hockenhull Herbert Gene -- First American Title Ins Co
Hockenhull Herbert Gene $95,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colon Alma $330,600
Closed Colon Alma $80,000
Previous Owner Quon Herman $50,000
Previous Owner Fontecha Michael R $268,150
Previous Owner Hockenhull Herbert Gene $76,000
Closed Fontecha Michael R $76,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2015 01/29/15 Sold $145,000 -21.6% $48 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
09/07/2013 09/07/13 For Sale $185,000 -- $62 / Sq Ft
Source: MetroList

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 $2,506 $174,256 $152,629 $21,627
2024 $2,506 $170,840 $149,637 $21,203
2023 $2,507 $167,491 $146,703 $20,788
2022 $2,379 $164,208 $143,827 $20,381
2021 $2,362 $160,989 $141,007 $19,982
2020 $2,334 $159,340 $139,562 $19,778
2019 $2,303 $156,217 $136,826 $19,391
2018 $2,197 $153,155 $134,144 $19,011
2017 $2,238 $150,153 $131,514 $18,639
2016 $2,134 $147,210 $128,936 $18,274
2015 $4,648 $145,000 $127,031 $17,969
2014 $5,574 $438,818 $122,145 $316,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13053625

MetroList

APN: 265-0122-045