NOT LISTED FOR SALE

Estimated Value: $712,000 - $897,000

4 Beds
4 Baths
2,895 Sq Ft
$277/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $710,000 $245 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,346/month

114 Days on Market

About This Home

As of December 2018

Opportunity Knocks! Well maintained multi family four--plex. Each unit features 1 bedroom, 1 bathroom, 1car garage, with an extra space per unit. Separate gas and electric meters. Secure front door entrance. Conveniently located near grocery stores, coffee shops, restaurants, Patten University, Peralta Hacienda Park, and West D Wood Park. Close proximity to 580, 880 and Bart, making this a great investment.

Last Agent to Sell the Property

Blanca S Medellin

Paramount Realty Group License #01425242 Listed on: 06/28/2018

Paramount Realty Group

Co-Listed By

Enrique Medellin

Paramount Realty Group License #01449832

Last Buyer's Agent

Kimberly Dorsey

Global Rl Estate Unlimited License #01029420

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,700

Year Built

  • 1961

Lot Details

  • 5,380

Parking

  • 4 Car Garage
  • Off-Street Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,895 Sq Ft Home
  • 2-Story Property

Additional Features

  • 5,380 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $42,500

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,486
  • Utility Expense $4,800
  • Operating Expense $16,594
  • Gross Income $42,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,700

Year Built

1961

Lot Details

0

Parking

4

Listing Details

  • Zoning: Residential
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2895
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 2895
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 1
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1235
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5380.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5380.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.45
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1486
  • Expenses Total: 16594
  • Expenses Utility: 4800
  • Income Annual Gross: 42500.00
  • Income Annual Rental: 42500
  • Income Gross Scheduled: 42500
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Repair, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Nov 28, 2018
Sold by
Arias Jorge and Arias Angelica
Bought by
Wash E L
Seller's Agent
Blanca S Medellin
Paramount Realty Group
Buyer's Agent
Kimberly Dorsey
Global Rl Estate Unlimited
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%
Current Estimated Value
$803,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,296
Avg. Annual Appreciation
1.81%
Original Mortgage
$697,140
Outstanding Balance
$619,609
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$183,687

Purchase Details

Closed on
Nov 11, 2003
Sold by
Drenth Mark and Drenth Douglas
Bought by
Arias Jorge and Arias Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,050
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2001
Sold by
Drenth Donald D and Helen M Drenth Living Trust
Bought by
Drenth Mark and Drenth Douglas

Purchase Details

Closed on
Jul 22, 1995
Sold by
Drenth Helen Margaret and Helen M Drenth Trust
Bought by
Drenth Donald D and The Helen M Drenth Living Trus
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wash E L $710,000 Chicago Title Company
Arias Jorge $509,000 First American Title Company
Drenth Mark -- --
Drenth Donald D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wash E L $697,140
Previous Owner Arias Jorge $229,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $710,000 +1.6% $245 / Sq Ft
10/21/2018 10/21/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $699,000 0.0% $241 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $699,000 -- $241 / 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 $13,700 $792,004 $237,601 $554,403
2024 $13,700 $776,477 $232,943 $543,534
2023 $14,229 $761,254 $228,376 $532,878
2022 $13,754 $746,330 $223,899 $522,431
2021 $12,725 $731,697 $219,509 $512,188
2020 $12,698 $724,200 $217,260 $506,940
2019 $11,899 $710,000 $213,000 $497,000
2018 $10,824 $636,005 $191,176 $444,829
2017 $10,309 $623,535 $187,428 $436,107
2016 $9,997 $611,309 $183,753 $427,556
2015 $7,998 $460,000 $138,000 $322,000
2014 $7,841 $420,000 $126,000 $294,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81712275

MLSListings

APN: 027-0846-001-03