NOT LISTED FOR SALE
1 Bed
2 Baths
-- Sq Ft
9,600 Sq Ft Lot

Last Sold March 15, 2013

Last sale price $351,000

91 Days on Market

Highlights

  • Victorian Architecture
  • Neighborhood Views
  • Floor Furnace
  • Cope Middle School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Smiley Park

About This Home

As of March 2013

Price Reduction!!! Seller Motivated!!! Turn-of-the-Century vintage in the historic south-side. Units are one bedroom and one bathroom plus one studio. Great rental area. Pleasant landscaped traditional front yard. Huge rear lot with ample parking. Great buy. Rents are under market. Can be sold with sister property at 311 W Olive.
Please do not disturb the tenants. Drive by only. (Expenses are estimated)

Last Agent to Sell the Property

Kim Suman

Corcoran Group of California Inc. License #01437996 Listed on: 11/05/2012

Corcoran Group of California Inc.

Co-Listed By

Dan Corcoren

CAPRE License #00451125

Last Buyer's Agent

Steven Dou

Re/Max Elite Realty License #01916184

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 9,600 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Victorian Architecture
  • Property Attached

Interior Spaces

  • 2-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • 12 Parking Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 82
  • Assessor Parcel Number 0171321090000

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $519
  • Insurance Expense $2,880
  • Maintenance Expense $1,080
  • Trash Expense $1
  • Water Sewer Expense $2,493
  • New Taxes Expense $1,003
  • Gross Income $3,375
  • Net Operating Income $32,005

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2493.00
  • Architectural Style: Victorian
  • Property Type: Residential Income
  • Parcel Number: 0171321090000
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Floor Furnace
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9600.00
  • Lot Size Acres: 0.2200

Multi Family

  • Electric Expense: 519.00
  • Gross Income: 3375.00
  • Gross Scheduled Income: 40500.00
  • Insurance Expense: 2880.00
  • Lot Size Area: 9600.0000 Square Feet
  • Maintenance Expense: 1080.00
  • Net Operating Income: 32005.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 8495.00
  • Rent Control: No
  • Total Actual Rent: 3375.00

Tax Info

  • New Taxes Expense: 1003.00
  • Tax Lot: 1
  • Tax Tract Number: 0082
  • Tax Year: 2011

Range of Values:

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Value Increase
--
Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $351,000 -29.1% --
02/04/2013 02/04/13 Pending -- -- --
11/05/2012 11/05/12 For Sale $495,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,132 $432,233 $59,109 $373,124
2024 $5,132 $423,758 $57,950 $365,808
2023 $5,127 $415,449 $56,814 $358,635
2022 $5,054 $407,303 $55,700 $351,603
2021 $5,144 $399,317 $54,608 $344,709
2020 $5,069 $395,222 $54,048 $341,174
2019 $4,930 $387,472 $52,988 $334,484
2018 $4,810 $379,874 $51,949 $327,925
2017 $4,771 $372,425 $50,930 $321,495
2016 $4,718 $365,122 $49,931 $315,191
2015 $4,684 $359,638 $49,181 $310,457
2014 $4,601 $352,594 $48,218 $304,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV12137176

California Regional Multiple Listing Service (CRMLS)