NOT LISTED FOR SALE

Estimated Value: $633,000 - $1,014,000

7 Beds
9 Baths
3,815 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $750,000 $197 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,496/month

45 Days on Market

Highlights

  • Traditional Architecture
  • 6 Car Direct Access Garage
  • Central Heating and Cooling System

About This Home

As of January 2021

Renovated and updated triplex on a corner lot. Two units have recently been remodeled and the third within the last several years. All units are spacious townhome style and each with a 2 car attached garages, washer/dryer hookups, and large private patios / yards. Two of the units have 2 bedrooms and 2.5 baths and the third unit has 3 bedrooms and 3 baths.

Last Agent to Sell the Property

Alex Dethier

BD Homes-The Paul Kaplan Group License #01926911 Listed on: 08/10/2020

Last Buyer's Agent

Keith Hernandez

Synergy Real Estate License #01990375

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,244

Year Built

  • Built in 1989

Lot Details

  • 8,712

Parking

  • 6 Car Direct Access Garage

Home Design

  • Traditional Architecture
  • Tile Roof

Interior Spaces

  • 3,815 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 9 Bathrooms

Additional Features

  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 680-313-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,244

Year Built

Built in 1989

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Builders Tract Code: 7540
  • Living Area: 3815
  • Lot Acreage: 0.2000
  • Stories: 2
  • Year Built: 1989
  • Builders Tract Name: Rancho Ramon
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Laundry: In Unit
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 203.67

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Tile
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 6
  • Parking Garage: Garage, Garage - 2 Car, Garage Is Attached, Direct Entrance
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Central
  • Electric Expense: 180.00
  • Heating: Central
  • Water Expense: 300.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2360.00
  • Other Expense: 1500.00

Lot Info

  • Assessed Improvement Percent: 91.83
  • Assessed Improvement Value: 204876
  • Assessed Land Percent: 8.17
  • Assessed Land Value: 18229
  • Total Assessed Value: 223105
  • Assessor Parcel Number: 680-313-001
  • Lot Size Area: 8712

Rental Info

  • Land Lease Type: Fee
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.50
  • Number Of Units: 3
  • Total Annual Expense: 13090
  • Type Of Units: unknown
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 8750.00
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Kumjian Jerry Melik
Bought by
Jerry Melik Kumjian Living Trust and Kumjian
Current Estimated Value
$823,176

Purchase Details

Closed on
Oct 6, 2021
Sold by
Kumjian Jerry Melik
Bought by
Kumjian Jerry Melik and Kumjian Katerina

Purchase Details

Closed on
Oct 1, 2020
Sold by
Skoko Joshua David
Bought by
Kumjian Jerry Melik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2019
Closed on
Dec 29, 2019
Sold by
Trnd Llc
Bought by
Skoko Joshua David
Seller's Agent
John Xepoleas
Xepco Properties
Buyer's Agent
Alex Dethier
BD Homes-The Paul Kaplan Group
List Price
$715,000
Sold Price
$700,000
Premium/Discount to List
-$15,000
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$676,637
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 7, 2019
Closed on
Apr 28, 2019
Sold by
The Isl 1985 Revocable Trust
Bought by
Trnd Llc
Seller's Agent
John Xepoleas
Xepco Properties
Buyer's Agent
John Xepoleas
Xepco Properties
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.69%

Purchase Details

Closed on
May 29, 1997
Sold by
Jamie Fleitz John
Bought by
Lerner Ira L and Lerner Susa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Jerry Melik Kumjian Living Trust -- None Listed On Document
Kumjian Jerry Melik -- None Available
Kumjian Jerry Melik $750,000 Chicago Title
Skoko Joshua David $700,000 Lawyers Title
Trnd Llc $500,000 Lawyers Title Company
Lerner Ira L $159,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kumjian Jerry Melik $547,000
Previous Owner Kumjian Jerry Melik $525,000
Previous Owner Skoko Joshua David $676,637
Previous Owner Lerner Ira L $68,692
Previous Owner Lerner Ira L $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $750,000 -3.5% $197 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $777,000 0.0% $204 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $777,000 +11.0% $204 / Sq Ft
02/24/2020 02/24/20 Sold $700,000 -2.1% $183 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $715,000 0.0% $187 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
10/30/2019 10/30/19 Price Changed $715,000 -1.4% $187 / Sq Ft
09/09/2019 09/09/19 For Sale $725,000 +45.0% $190 / Sq Ft
05/22/2019 05/22/19 Sold $500,000 -16.0% $131 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $595,000 -- $156 / Sq Ft
Source: The MLS

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 $12,244 $811,822 $205,661 $606,161
2023 $12,244 $780,300 $197,676 $582,624
2022 $11,851 $765,000 $193,800 $571,200
2021 $10,927 $707,252 $176,813 $530,439
2020 $8,007 $510,000 $127,500 $382,500
2019 $4,503 $232,116 $18,964 $213,152
2018 $4,377 $227,566 $18,593 $208,973
2017 $4,293 $223,105 $18,229 $204,876
2016 $4,183 $218,731 $17,872 $200,859
2015 $4,058 $215,447 $17,604 $197,843
2014 $4,025 $211,228 $17,260 $193,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-616424

The MLS

APN: 680-313-001