NOT LISTED FOR SALE
7 Beds
4 Baths
3,227 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: September 9, 2022

Last sale price $1,550,000 $480 Per Sq Ft

4 Days on Market

Highlights

  • Traditional Architecture
  • Hot Water Circulator
  • Wood Fence
  • Paularino Elementary School Rated A-
  • Forced Air Heating System
  • Carpet

About This Home

As of September 2022

Welcome to 3005 Jeffrey Dr. Original owners of this triplex! This is the largest model that the builder built. its in need of cosmetic work, some wood replacement and paint. the 3bedroom 2 bathroom unit was completely remodeled a few years ago. both of the 2bd,1 ba. units could use updating. excellent opportunity for a contractor or someone who is handy! Long term tenants and the rents are very low. huge upside in rents!! Drive by only. please do not disturb tenants. Perfect for someone coming off a 1031 exchange, or fix and flip or long term hold!

Last Agent to Sell the Property

Dave Kennedy

William Kennedy And Associates License #01219789 Listed on: 08/05/2022

Last Buyer's Agent

Max Vargas

Redfin License #01352963

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,227 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Gas Range
  • Laundry in Garage

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Hot Water Circulator
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 33
  • Tax Tract Number 9474
  • Assessor Parcel Number 41812213
  • $1,684 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $2,500
  • Trash Expense $300
  • Water Sewer Expense $2,500
  • Operating Expense $5,900
  • Gross Income $58,100
  • Net Operating Income $62,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

6,098 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Unknown
  • Water Sewer Expenses: 2500.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 41812213
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 480.32

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater, Hot Water Circulator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 58100.00
  • Gross Scheduled Income: 68100.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 62200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5900.00
  • Rent Control: No
  • Total Expenses: 5900.00

Tax Info

  • Tax Census Tract: 639.08
  • Tax Lot: 33
  • Tax Tract Number: 9474
  • TaxOtherAnnualAssessmentAmount: 1684.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 11, 2022
Sold by
Bought by
Seller's Agent
Dave Kennedy
William Kennedy And Associates
Buyer's Agent
Max Vargas
Redfin
List Price
$1,550,000
Sold Price
$1,550,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,007,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2000
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,550,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $995,000
Closed $1,007,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $1,550,000 0.0% $480 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $1,550,000 -- $480 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,386 $1,644,872 $1,430,723 $214,149
2025 $18,959 $1,612,620 $1,402,670 $209,950
2024 $18,959 $1,581,000 $1,375,166 $205,834
2023 $18,365 $1,550,000 $1,348,201 $201,799
2022 $4,284 $228,342 $48,993 $179,349
2021 $4,039 $223,865 $48,032 $175,833
2020 $3,958 $221,570 $47,539 $174,031
2019 $3,862 $217,226 $46,607 $170,619
2018 $3,781 $212,967 $45,693 $167,274
2017 $3,731 $208,792 $44,797 $163,995
2016 $3,670 $204,699 $43,919 $160,780
2015 $3,635 $201,625 $43,260 $158,365
2014 $3,568 $197,676 $42,413 $155,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22173104

California Regional Multiple Listing Service (CRMLS)

APN: 418-122-13

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