NOT LISTED FOR SALE

Estimated Value: $630,887 - $796,000

3 Beds
2 Baths
1,061 Sq Ft
$656/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $475,000 $448 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,176/month

1 Day on Market

Highlights

  • No Units Above
  • No HOA
  • 5-minute walk to Cesar E Chavez Park
  • 0.05 Acre Lot
  • 1-Story Property

About This Home

As of August 2019

Investors delight located in the heat of downtown. 3 blocks to beach.

Last Agent to Sell the Property

Ikumi Baker

Remco - A. R. E. & Mgmt. Co. License #00879343 Listed on: 05/16/2019

Co-Listed By

Drew Baker

Remco - A. R. E. & Mgmt. Co. License #00615595

Last Buyer's Agent

Natasha Schultheis

Coldwell Banker Realty License #01277420

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 2,263 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,061 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 18 / 138
  • Tax Tract Number 5759
  • Assessor Parcel Number 7278022035

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $475
  • Maintenance Expense $200
  • Pest Control $700
  • Professional Management Expense $1,600
  • Water Sewer Expense $362
  • New Taxes Expense $2,253
  • Operating Expense $5,590
  • Gross Income $31,140
  • Net Operating Income $25,550

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Professional Management Expense: 1600.00
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Water Sewer Expenses: 362.00
  • Zoning: LBPD30
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7278022035
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 447.69

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Pest Control Expense: 700.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2263.00
  • Lot Size Acres: 0.0520

Multi Family

  • Gross Income: 31140.00
  • Gross Scheduled Income: 31140.00
  • Insurance Expense: 475.00
  • Lot Size Area: 2263.0000 Square Feet
  • Maintenance Expense: 200.00
  • Net Operating Income: 25550.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5590.00
  • Rent Control: No
  • Total Expenses: 5590.00

Tax Info

  • New Taxes Expense: 2253.00
  • Tax Block: 138
  • Tax Census Tract: 5759.01
  • Tax Lot: 18
  • Tax Tract Number: 5759

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2019
Sold by
Porter Eugene and Loveland Mary
Bought by
Carr Austin
Current Estimated Value
$695,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2017
Sold by
Porter Eugene
Bought by
Porter Eugene and Loveland Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

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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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
Carr Austin $475,000 Old Republic Title Company
Porter Eugene -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carr Austin $380,000
Previous Owner Porter Eugene $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $475,000 -15.2% $448 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $560,000 -- $528 / 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 $6,708 $519,477 $339,028 $180,449
2024 $6,708 $509,292 $332,381 $176,911
2023 $6,594 $499,307 $325,864 $173,443
2022 $6,190 $489,518 $319,475 $170,043
2021 $6,066 $479,920 $313,211 $166,709
2019 $2,348 $165,557 $66,222 $99,335
2018 $2,253 $162,312 $64,924 $97,388
2016 $2,075 $156,010 $62,403 $93,607
2015 $1,996 $153,667 $61,466 $92,201
2014 $1,992 $150,657 $60,262 $90,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19116331

California Regional Multiple Listing Service (CRMLS)

APN: 7278-022-035