NOT LISTED FOR SALE

Estimated Value: $391,000 - $681,859

4 Beds
4 Baths
3,970 Sq Ft
$143/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $705,000 $178 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,079/month

49 Days on Market

About This Home

As of May 2024

Back on the market at no fault of property. Great opportunity knocking your door again!. This building has 4 units, 3 rented out at marked rented to good reliable tenants and one vacant. Lease for 1 year and after that month to month. This property makes $6,000 monthly and utilities are very low as well. Owner pays water and garbage and tenants pay electricity and Gas. Do not miss out on this opportunity, long term investment or live in one unit and rent the others. Sale subject to cancellation of current purchase contract.

Last Agent to Sell the Property

Karen Covarrubias

Realty One Group Infinity License #01975633 Listed on: 02/14/2024

Realty One Group Infinity

Last Buyer's Agent

Alex Flores

Valley Capital Realty License #01831707

Property Details

Home Type

  • Multi-Family

Year Built

  • 1917

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Quadruplex
  • Raised Foundation

Interior Spaces

  • 3,970 Sq Ft Home
  • 2-Story Property

Parking

  • On-Street Parking
  • Off-Site Parking

Utilities

  • Central Air
  • Space Heater

Listing and Financial Details

  • Total Actual Rent $72,000

Community Details

Overview

Building Details

  • 4 Leased Units
  • Maintenance Expense $200
  • Utility Expense $300
  • Trash Expense $250
  • Operating Expense $750
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Year Built

1917

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1917

Interior Features

  • Living Sq Ft: 3970
  • Stories: 2

Exterior Features

  • Foundation: Raised

Garage/Parking

  • Garage Parking Features: Off-Site Parking, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Space Heater
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 10.07
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Maintenance: 200
  • Expenses Total: 750
  • Expenses Utility: 300
  • Expense Trash: 250
  • Income Annual Gross: 72000.00
  • Income Annual Rental: 72000
  • Income Gross Scheduled: 72000
  • Meters: Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 8, 2024
Sold by
Rg Ca Investments Llc
Bought by
Banna Srinivasa R and Dharamana Sobharni
Seller's Agent
Karen Covarrubias
Realty One Group Infinity
Buyer's Agent
Alex Flores
Valley Capital Realty
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%
Views
39
Current Estimated Value
$639,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,892
Avg. Annual Appreciation
-12.46%
Original Mortgage
$458,250
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2023
Sold by
Ceniceros Karen S Ramirez
Bought by
Rg Ca Investments Llc

Purchase Details

Closed on
Feb 25, 2022
Sold by
Silvestre Lizarraga
Bought by
Ramirez-Ceniceros Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2022
Sold by
Reuben Gomez
Bought by
Ramirez-Ceniceros Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2019
Closed on
Nov 5, 2019
Sold by
Lachan Naleen Chand
Bought by
Lizarraga Silvestre
Seller's Agent
Jaskaran Kandola
PMZ Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$300,000
Sold Price
$333,000
Premium/Discount to List
$33,000
11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$326,968
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2014
Sold by
Macabales Lloyd G and Morton Amelia Macabales
Bought by
Lachan Naleen Chand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2010
Sold by
The Bank Of New York Mellon
Bought by
Macabales Lloyd G and Morton Amelia Macabales

Purchase Details

Closed on
Sep 22, 2010
Sold by
Macabales Lynda
Bought by
Macabales Lloyd G

Purchase Details

Closed on
Apr 5, 2010
Sold by
Mejia Dennis and Mejia Katherine K
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 24, 2006
Sold by
Mcminn Richard
Bought by
Mejia Dennis and Mejia Katherine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 20, 2004
Sold by
Olivarez Michael D and Michael D Olivarez Family Trus
Bought by
Mcminn Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Banna Srinivasa R $705,000 Fidelity National Title Compan
Rg Ca Investments Llc -- --
Ramirez-Ceniceros Karen S $425,000 New Title Company Name
Ramirez-Ceniceros Karen S -- New Title Company Name
Lizarraga Silvestre $333,000 North American Title Co Inc
Lachan Naleen Chand $187,500 Placer Title Company
Macabales Lloyd G $75,000 Landsafe Title
Macabales Lloyd G -- Landsafe Title
The Bank Of New York Mellon $63,450 Landsafe Title
The Bank Of New York Mellon $63,450 Landsafe Title
Mejia Dennis $550,000 Placer Title Company
Mcminn Richard $380,000 Alliance Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banna Srinivasa R $458,250
Previous Owner Ramirez-Ceniceros Karen S $318,750
Previous Owner Lizarraga Silvestre $326,968
Previous Owner Lachan Naleen Chand $135,000
Previous Owner Mejia Dennis $385,000
Previous Owner Mcminn Richard $304,000
Closed Mcminn Richard $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2024 05/07/24 Sold $705,000 -2.8% $178 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $725,000 +2.8% $183 / Sq Ft
03/14/2024 03/14/24 Off Market $705,000 -- --
03/14/2024 03/14/24 For Sale $725,000 0.0% $183 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $725,000 +117.7% $183 / Sq Ft
11/06/2019 11/06/19 Sold $333,000 +11.0% $84 / Sq Ft View Prior Sale
10/09/2019 10/09/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $300,000 -- $76 / Sq Ft
Source: MLSListings

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 $8,846 $719,100 $102,000 $617,100
2024 $5,503 $442,170 $88,434 $353,736
2023 $5,379 $433,500 $86,700 $346,800
2022 $4,304 $343,177 $56,680 $286,497
2021 $7,337 $336,449 $55,569 $280,880
2020 $4,558 $333,000 $55,000 $278,000
2019 $2,677 $206,044 $54,945 $151,099
2018 $2,628 $202,005 $53,868 $148,137
2017 $2,491 $198,045 $52,812 $145,233
2016 $2,535 $194,162 $51,777 $142,385
2014 $1,038 $78,279 $26,128 $52,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81954330

MLSListings

APN: 139-162-02