NOT LISTED FOR SALE

Estimated Value: $778,000 - $1,006,000

2 Beds
1 Bath
1,440 Sq Ft
$626/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $900,000 $625 Per Sq Ft

Current estimated payment $5,407/month

1 Day on Market

Highlights

  • Private Pool
  • Laundry Room
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

As of May 2022

Look at this gem in Grant Hill. Two beautifully renovated single family homes on the same lot! Each of these homes have been upgraded with quartz counter tops, stainless steel appliances, vinyl flooring, upgraded bathrooms, and much more. The front home is a 2 bed 1 bath home with in unit laundry. The back home is a 2 bed 1 bath home with a private backyard. This property is conveniently close to downtown, restaurants, and the airport. Come see this home before its too late.

Last Agent to Sell the Property

Justin Reyes

Black Label Realty License #02039804 Listed on: 04/14/2022

Black Label Realty

Last Buyer's Agent

Justin Reyes

Reali, Inc. License #02039804

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,424

Year Built

  • Built in 1956

Lot Details

  • 2,227 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre
  • 545-172-07-00

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Dryer

Additional Features

  • Private Pool
  • No Heating

Listing and Financial Details

  • Tax Lot 08001
  • Tax Tract Number 29
  • Assessor Parcel Number 5451720800

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $16,940
  • Net Operating Income $50,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,424

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.40
  • Price Per Unit: 475000
  • Property Attached: No
  • View: No
  • Zoning: R-4 Multiple Residential
  • Property Type: Residential Income
  • Parcel Number: 5451720800
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Price Per Square Foot: 625.00

Exterior Features

  • Fence: No
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 545-172-07-00
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2227.00
  • Lot Size Acres: 0.0511

Multi Family

  • Gross Income: 16940.00
  • Gross Scheduled Income: 50820.00
  • Lot Size Area: 2227.0000 Square Feet
  • Net Operating Income: 50220.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 600.00
  • Rent Control: No
  • Total Actual Rent: 4235.00

Tax Info

  • Tax Lot: 08001
  • Tax Tract Number: 000029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jul 5, 2022
Sold by
Security Eat 596 Inc
Bought by
Wsd Properties Llc
Seller's Agent
Justin Reyes
Black Label Realty
Buyer's Agent
Justin Reyes
Reali, Inc.
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Current Estimated Value
$901,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,211
Avg. Annual Appreciation
0.04%

Purchase Details

Closed on
Jan 9, 2020
Sold by
Gg Advisors Llc
Bought by
Carreon Ginno Benedict and Almachar Mark Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,136
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 22, 2019
Closed on
Sep 30, 2019
Sold by
Wilson Howard L
Bought by
Gg Advisors Llc
Seller's Agent
Leilani Almazan
Integrity First Realty & Loans
Buyer's Agent
Leilani Almazan
Integrity First Realty & Loans
List Price
$400,000
Sold Price
$422,000
Premium/Discount to List
$22,000
5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Original Mortgage
$517,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2004
Sold by
Wilson Howard L and Wilson Isabella
Bought by
Wilson Howard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Wsd Properties Llc -- First American Title
Carreon Ginno Benedict $655,000 Corinthian Title
Gg Advisors Llc $422,000 Corinthian Title Company
Wilson Howard J -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carreon Ginno Benedict $642,682
Previous Owner Carreon Ginno Benedict $643,136
Previous Owner Gg Advisors Llc $517,000
Previous Owner Wilson Howard J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $900,000 -5.3% $625 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $950,000 +45.0% $660 / Sq Ft
05/29/2020 05/29/20 Sold $655,000 +0.9% $455 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $649,000 +53.8% $451 / Sq Ft
10/09/2019 10/09/19 Sold $422,000 +5.5% $533 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $400,000 -- $505 / 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 $6,424 $530,603 $318,362 $212,241
2024 $6,424 $520,200 $312,120 $208,080
2023 $6,282 $350,391 $257,641 $92,750
2022 $4,210 $350,391 $257,641 $92,750
2021 $4,179 $343,522 $252,590 $90,932
2020 $2,763 $222,000 $150,000 $72,000
2019 $303 $21,893 $6,595 $15,298
2018 $285 $21,465 $6,466 $14,999
2017 $80 $21,045 $6,340 $14,705
2016 $272 $20,633 $6,216 $14,417
2015 $268 $20,324 $6,123 $14,201
2014 $265 $19,927 $6,004 $13,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2202397

California Regional Multiple Listing Service (CRMLS)

APN: 545-172-08