NOT LISTED FOR SALE

Estimated Value: $1,265,000 - $1,823,538

9 Beds
6 Baths
3,966 Sq Ft
$407/Sq Ft Est. Value

Sale Details

Date Sold: June 22, 2017

Last sale price $1,198,000 $302 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $10,207 / mo

188 Days on Market

About This Home

As of June 2017

Nice and convenient 4 UNITS income property surrounded by new homes in the area. 4 separate houses on a large rectangular lot of almost 22,500 SF (75' wide X 300' deep) surrounded by many newer PUD/Townhouses. Each one has own car garage (except the last one with Carport) The one bedroom unit can be enlarged to 3-4 bedrooms to increase rental income. Owner pays trash and insurance only, tenants are paying their own electric/gas/ water ( there are 4 separate electric, gas, water meters). Close to Valley blvd, Garvey ave., and Peck rd. and easy access to fwy 10 and 60.

Last Agent to Sell the Property

Nancy Lai

Coldwell Banker New Century License #01048940 Listed on: 10/07/2016

Coldwell Banker New Century

Last Buyer's Agent

Eric Deng

Pacific Sterling Realty License #01408419

Pacific Sterling Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 22,460 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 3,966 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 10848

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • New Taxes Expense $13,860
  • Operating Expense $13,860
  • Gross Income $70,320
  • Net Operating Income $70,320

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.52 Acres

Parking

3

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 302.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 22460.00

Multi Family

  • Gross Income: 70320.00
  • Gross Scheduled Income: 70320.00
  • Net Operating Income: 70320.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 5701.00
  • Total Expenses: 13860.00

Tax Info

  • New Taxes Expense: 13860.00
  • Tax Lot: 20
  • Tax Tract Number: 10848

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2017
Sold by
Zhao Zonghua Chen and Wang Meilon
Bought by
Liu Senh Hau and Liu Kieu Vong Lam
Current Estimated Value
$1,613,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2015
Sold by
Tran Bien Long and Lam Hong Thuy
Bought by
Zhao Zonghua Chen and Wang Meilou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 2005
Sold by
Ta Luong Tuan
Bought by
Tran Bien Long and Lam Hong Thuy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$707,250
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 22, 2004
Sold by
Phu Paul Kim
Bought by
Ta Luong Tuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Huynh Kim Thien
Bought by
Ta Luong Tuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2003
Sold by
Phu Quan Xieng
Bought by
Phu Paul Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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

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
Liu Senh Hau $1,195,000 Ticor Title Company Of Ca
Zhao Zonghua Chen $970,000 Wrt
Tran Bien Long $943,000 Chicago Title Co
Ta Luong Tuan $700,000 Chicago Title Company
Ta Luong Tuan -- Chicago Title Company
Phu Paul Kim -- Ctc
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
Previous Owner Liu Senh Hau $660,000
Previous Owner Zhao Zonghua Chen $417,000
Previous Owner Tran Bien Long $707,250
Previous Owner Ta Luong Tuan $490,000
Previous Owner Phu Paul Kim $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2017 06/22/17 Sold $1,198,000 -6.4% $302 / Sq Ft
10/07/2016 10/07/16 For Sale $1,280,000 +32.0% $323 / Sq Ft
03/30/2015 03/30/15 Sold $970,000 +2.1% $245 / Sq Ft View Prior Sale
01/23/2015 01/23/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $950,000 -- $240 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,223 $1,386,892 $901,771 $485,121
2024 $19,223 $1,359,699 $884,090 $475,609
2023 $18,917 $1,333,039 $866,755 $466,284
2022 $18,194 $1,306,902 $849,760 $457,142
2021 $18,653 $1,281,278 $833,099 $448,179
2020 $18,096 $1,268,141 $824,557 $443,584
2019 $18,077 $1,243,277 $808,390 $434,887
2018 $17,241 $1,218,900 $792,540 $426,360
2016 $13,518 $984,792 $521,838 $462,954
2015 $13,897 $1,011,000 $615,500 $395,500
2014 $13,860 $1,011,000 $615,500 $395,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16720996

California Regional Multiple Listing Service (CRMLS)

APN: 8106-008-022

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