NOT LISTED FOR SALE

Estimated Value: $1,094,000 - $1,426,564

10 Beds
6 Baths
3,400 Sq Ft
$364/Sq Ft Est. Value

Sale Details

Date Sold: April 5, 2016

Last sale price $575,000 $169 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,131 / mo

16 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Tile Flooring
  • Granite Countertops
  • Double Pane Windows
  • 3 Detached Carport Spaces

About This Home

As of April 2016

Back in the market. Newer Duplex Home built on 2014 with 5 bedrooms and 3 baths each unit. 2 car garage. Each unit features granite kitchen counter tops, ceramic and carpet flooring. All units are rented. Tenants pay all the utilities.

Last Agent to Sell the Property

Endrico Patolot

MAJESTIC REALTY & INVESTMENT License #01838217 Listed on: 01/09/2016

Last Buyer's Agent

Brian Jung

BJ Realty License #01946975

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Lot Details

  • 5,443 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • 3 Detached Carport Spaces
  • Parking Available

Home Design

  • Contemporary Architecture
  • Property Attached
  • Fire Rated Drywall
  • Shingle Siding
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Panel Doors
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Range
  • Range Hood
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 23
  • Tax Tract Number 3563
  • Assessor Parcel Number 6006029032

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,005
  • Maintenance Expense $480
  • Professional Management Expense $3,667
  • New Taxes Expense $7,188
  • Gross Income $4,500
  • Net Operating Income $40,040

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

5,443 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 7.00
  • Professional Management Expense: 3667.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: LAR2
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6006029032
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Panel Doors
  • Levels: Two
  • Price Per Square Foot: 169.12
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Shingle Siding, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Concrete
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Range Hood, Water Heater
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Paved, Sprinkler System
  • Lot Size Sq Ft: 5443.00
  • Price Per Lot Square Foot: 105.64
  • Lot Size Acres: 0.1250

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 4500.00
  • Gross Multiplier: 11.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1005.00
  • Lot Size Area: 5443.0000 Square Feet
  • Maintenance Expense: 480.00
  • Net Operating Income: 40040.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12340.00
  • Rent Control: No
  • Total Actual Rent: 4500.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7188.00
  • Tax Lot: 23
  • Tax Tract Number: 3563

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

Closed on
Feb 22, 2024
Sold by
Top Central Investment Llc
Bought by
Current Estimated Value
$1,255,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,925
Outstanding Balance
$580,952
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$656,689

Purchase Details

Closed on
May 7, 2020
Sold by
Shim Park Young and Sae Lee Simon
Bought by
Top Central Investment Llc

Purchase Details

Closed on
Feb 24, 2020
Sold by
Shin Young Jung and Jung Eun K
Bought by
Park Youngshim and Lee Simon Hyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2020
Sold by
Lee Jane Junghee Veronica
Bought by
Lee Simon Hyun Sae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2016
Closed on
Feb 9, 2016
Sold by
Nicasio Teresita L
Bought by
Shin Young Jung and Jung Eun K
Seller's Agent
Endrico Patolot
MAJESTIC REALTY & INVESTMENT
Buyer's Agent
Brian Jung
BJ Realty
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$431,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2014
Closed on
Jun 5, 2014
Sold by
Nicasio Johanns O
Bought by
Nicasio Teresita L
Seller's Agent
Edgard Pearce
First Family Homes
Buyer's Agent
Edgard Pearce
First Family Homes
List Price
$555,000
Sold Price
$555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%
Original Mortgage
$427,000
Interest Rate
4.28%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 2, 2014
Sold by
Ocean Development Inc
Bought by
Nicasio Teresita L and Nicasio Jesse Lico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,947
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 5, 2013
Closed on
Apr 10, 2013
Sold by
Gonzalez Andres
Bought by
Ocean Development Inc
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$159,900
Sold Price
$170,000
Premium/Discount to List
$10,100
6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.02%
Original Mortgage
$382,500
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 23, 2012
Sold by
Gonzalez Graciela
Bought by
Gonzalez Andres and Gonzalez Hector

Purchase Details

Closed on
Mar 5, 2004
Sold by
Gonzalez Andres and Gonzalez Graciela
Bought by
Gonzalez Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
5.57%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Florence, CA

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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
$1,150,000 Provident Title Company
Top Central Investment Llc -- None Available
Park Youngshim $849,000 Provident Title Company
Lee Simon Hyun Sae -- Provident Title Company
Park Youngshim -- Provident Title Company
Shin Young Jung $575,000 Fatcola
Nicasio Teresita L -- Lawyers Title
Nicasio Teresita L $555,005 Lawyers Title
Ocean Development Inc $170,000 Old Republic Title Company
Gonzalez Andres -- None Available
Gonzalez Andres -- None Available
Gonzalez Graciela -- First American Title
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 $596,925
Previous Owner Park Youngshim $636,750
Previous Owner Shin Young Jung $521,500
Previous Owner Shin Young Jung $431,250
Previous Owner Ocean Development Inc $427,000
Previous Owner Nicasio Teresita L $544,947
Previous Owner Ocean Development Inc $382,500
Previous Owner Ocean Development Inc $382,500
Previous Owner Gonzalez Graciela $131,000
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 Prior Sale
04/05/2016 04/05/16 Sold $575,000 0.0% $169 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/09/2016 01/09/16 For Sale $575,000 +3.6% $169 / Sq Ft
07/14/2014 07/14/14 Sold $555,000 0.0% $163 / Sq Ft View Prior Sale
05/28/2014 05/28/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $555,000 -- $163 / 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 $14,460 $1,196,460 $598,230 $598,230
2025 $14,460 $1,173,000 $586,500 $586,500
2024 $11,400 $910,296 $536,099 $374,197
2023 $11,183 $892,448 $525,588 $366,860
2022 $10,669 $874,950 $515,283 $359,667
2021 $10,525 $857,795 $505,180 $352,615
2020 $7,909 $622,397 $216,485 $405,912
2019 $7,605 $610,194 $212,241 $397,953
2018 $7,489 $598,230 $208,080 $390,150
2016 $7,127 $574,720 $227,817 $346,903
2015 $7,025 $566,088 $224,395 $341,693
2014 $3,234 $241,371 $134,809 $106,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16004964

California Regional Multiple Listing Service (CRMLS)

APN: 6006-029-032

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