NOT LISTED FOR SALE

Estimated Value: $518,000 - $614,000

4 Beds
4 Baths
1,920 Sq Ft
$294/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $319,000 $166 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,388/month

326 Days on Market

Highlights

  • Gated Parking
  • Lawn
  • Laundry Room
  • Cape Cod Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

As of November 2017

INVESTORS!!! CHECK THIS BEAUTIFUL DUPLEX OUT....both tenants have been long term, nice neighborhood, well taken care of investment. Spacious yard, fenced with a gate, close to everything, schools and shopping and freeway. 2 story duplex, rare to find them in this condition. Roof was replaced in 2011, newer stoves, landlord pays water and trash and tenant pays all other utilities. Inside laundry. Full bathroom upstairs and 1/2 bath downstairs. Exterior was recently painted. Close to the lake, mature neighborhood with trees and palms. Don't miss our on this great property.

Last Agent to Sell the Property

Mary Dimmler-Long

COLDWELL BANKER ASSOC BRKR/CL License #01001124 Listed on: 11/16/2016

COLDWELL BANKER ASSOC BRKR/CL

Last Buyer's Agent

Dee Molina

Home Quest Properties Inc License #01422710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,785

Year Built

  • Built in 1982

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Level Lot
  • Lawn
  • Front Yard

Home Design

  • Cape Cod Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Formica Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway
  • Gated Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 45
  • Assessor Parcel Number 378304018

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $300
  • Water Sewer Expense $1,300
  • New Taxes Expense $1,726
  • Operating Expense $5,326
  • Gross Income $2,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,785

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 1300.00
  • Architectural Style: Cape Cod
  • Property Type: Residential Income
  • Parcel Number: 378304018
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 166.15

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gated

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level
  • Lot Size Sq Ft: 5663.00

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 2160.00
  • Gross Scheduled Income: 2160.00
  • Insurance Expense: 1000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 5325.00
  • Rent Control: No
  • Total Expenses: 5325.60

Tax Info

  • New Taxes Expense: 1725.60
  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2019
Sold by
Pacheco Joseph
Bought by
Pacheco Joseph
Current Estimated Value
$564,967

Purchase Details

Listed on
Nov 16, 2016
Closed on
Nov 3, 2017
Sold by
Cave Jack A and Cave Gail
Bought by
Pacheco Joseph
Seller's Agent
Mary Dimmler-Long
COLDWELL BANKER ASSOC BRKR/CL
Buyer's Agent
Dee Molina
Home Quest Properties Inc
List Price
$349,000
Sold Price
$319,000
Premium/Discount to List
-$30,000
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$239,250
Outstanding Balance
$201,432
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$363,535

Purchase Details

Closed on
Dec 12, 2012
Sold by
Eads Michael S
Bought by
Eads Michael S and Cave Jack A

Purchase Details

Closed on
Aug 24, 2011
Sold by
Allen Steven A and Allen Joyce E Rubin
Bought by
Eads Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
4.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2000
Sold by
Alumbaugh Norman G
Bought by
Chandler Alumbaugh Gwen E

Purchase Details

Closed on
Aug 19, 1994
Sold by
Allen Steven Andrew
Bought by
Allen Steven A and Allen Joyce E Rubin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,733
Interest Rate
8.8%
Mortgage Type
Commercial
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
Pacheco Joseph -- None Available
Pacheco Joseph $319,000 Fidelity National Title Ie
Eads Michael S -- None Available
Eads Michael S $125,000 Fnt Ie
Chandler Alumbaugh Gwen E -- --
Allen Steven A -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Joseph $239,250
Previous Owner Eads Michael S $93,750
Previous Owner Allen Steven A $255,000
Previous Owner Allen Steve A $143,768
Previous Owner Allen Steven A $29,733
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $319,000 -5.9% $166 / Sq Ft
09/20/2017 09/20/17 Price Changed $339,000 -2.9% $177 / Sq Ft
11/16/2016 11/16/16 For Sale $349,000 -- $182 / 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 $3,785 $362,962 $79,646 $283,316
2023 $3,785 $348,869 $76,554 $272,315
2022 $3,667 $342,029 $75,053 $266,976
2021 $3,834 $335,324 $73,582 $261,742
2020 $3,561 $331,887 $72,828 $259,059
2019 $3,493 $325,380 $71,400 $253,980
2018 $3,427 $319,000 $70,000 $249,000
2017 $1,788 $160,741 $53,579 $107,162
2016 $1,726 $157,590 $52,529 $105,061
2015 $1,707 $155,225 $51,741 $103,484
2014 $1,651 $152,187 $50,729 $101,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16748314

California Regional Multiple Listing Service (CRMLS)

APN: 378-304-018