NOT LISTED FOR SALE

Estimated Value: $1,480,000 - $1,615,997

4 Beds
4 Baths
4,606 Sq Ft
$336/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $859,200 $187 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,414/month

14 Days on Market

Highlights

  • Neighborhood Views
  • Level Lot
  • Carpet
  • Westmoor High School Rated A-

About This Home

As of December 2013

Beautiful fourplex property with 1 bedroom and 1 bath on each unit.

Last Agent to Sell the Property

Ben Adhikari

Everest Realty Group License #01291619 Listed on: 11/04/2013

Last Buyer's Agent

Carlos Serrano-Quan

Sequoia Real Estate License #01707584

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 2,483

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 4,606 Sq Ft Home
  • 3-Story Property
  • Carpet
  • Neighborhood Views

Additional Features

  • Level Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $52,800
  • The owner pays for garbage, water

Community Details

Overview

  • 4,606 Sq Ft Building

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $1,000
  • Utility Expense $360
  • Trash Expense $1,200
  • Operating Expense $16,986
  • Gross Income $50,160

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

2,483 Sq Ft Lot

Listing Details

  • Zoning: R100
  • Subclass: Fourplex
  • Sale Price Per Sq Ft: 186.54
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4606
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 4606
  • Stories: 3
  • Laundry: Laundry - No
  • Flooring: Carpet, Varies By Unit

Exterior Features

  • Roof: Shingle
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Heating System: Gas

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2500.00
  • Lot Size Area Min Search: 2500.00
  • Maximum Lot Size: 2500.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 14.20

Multi Family

  • Expense Insurance: 1500
  • Expense Maintenance: 1000
  • Expenses Total: 16986
  • Expenses Utility: 360
  • Expense Trash: 1200
  • Expense Water Sewer: 2000
  • Income Annual Gross: 50160.00
  • Income Annual Rental: 52800
  • Income Gross Scheduled: 52800
  • Income Includes: Lease
  • Maximum Building Height: 3
  • Meters: Separate Electric
  • Minimum Building Height: 3
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Utilities - Electric
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2640
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2020
Sold by
Chen Raymond Jia Hong and Lin Xia Hui
Bought by
Q Space Llc
Current Estimated Value
$1,549,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Outstanding Balance
$1,264,423
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$284,826

Purchase Details

Closed on
Nov 9, 2016
Sold by
Chen Raymond Jia Hong
Bought by
Q Space Llc

Purchase Details

Closed on
Jul 16, 2015
Sold by
Chen Raymond
Bought by
Chen Raymond and Lin Xia Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 2015
Sold by
Chen Raymond Jia Hong and Chen Raymond
Bought by
Chen Raymond Jia Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 22, 2014
Sold by
Lin Xiahui
Bought by
Chen Raymond

Purchase Details

Listed on
Nov 4, 2013
Closed on
Feb 8, 2014
Sold by
Chen Raymond and Lin Xiahui
Bought by
Q Space Llc
Seller's Agent
Ben Adhikari
Everest Realty Group
Buyer's Agent
Carlos Serrano-Quan
Sequoia Real Estate
List Price
$749,900
Sold Price
$859,200
Premium/Discount to List
$109,300
14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%

Purchase Details

Listed on
Nov 4, 2013
Closed on
Dec 6, 2013
Sold by
Singh Dharamvir and Singh Surinderjit K
Bought by
Chen Raymond Jiahong and Lin Xia Hui
Seller's Agent
Ben Adhikari
Everest Realty Group
Buyer's Agent
Carlos Serrano-Quan
Sequoia Real Estate
List Price
$749,900
Sold Price
$859,200
Premium/Discount to List
$109,300
14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,400
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Singh Dharamvir and Singh Surinderjit K
Bought by
Singh Dharamvir and Singh Surinderjit K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Q Space Llc -- Old Republic Title Company
Q Space Llc -- None Available
Chen Raymond -- None Available
Chen Raymond Jia Hong -- Chicago Title Company
Chen Raymond -- None Available
Chen Raymond -- None Available
Q Space Llc -- None Available
Chen Raymond Jiahong $859,500 Stewart Title Of Ca Inc
Singh Dharamvir -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Q Space Llc $1,425,000
Previous Owner Chen Raymond Jia Hong $615,000
Previous Owner Chen Raymond Jiahong $601,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2013 12/13/13 Sold $859,200 +14.6% $187 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $749,900 -- $163 / Sq Ft
Source: MLSListings

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 $13,633 $1,053,252 $526,626 $526,626
2023 $13,633 $1,012,354 $506,177 $506,177
2022 $13,304 $992,504 $496,252 $496,252
2021 $18,672 $1,498,310 $534,042 $964,268
2020 $15,974 $1,139,478 $519,332 $620,146
2019 $13,873 $1,117,138 $509,150 $607,988
2018 $15,015 $1,095,234 $499,167 $596,067
2017 $13,742 $907,524 $453,762 $453,762
2016 $11,304 $889,730 $444,865 $444,865
2015 $11,565 $876,366 $438,183 $438,183
2014 $11,492 $859,200 $429,600 $429,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81339946

MLSListings

APN: 003-131-250

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