NOT LISTED FOR SALE

Estimated Value: $517,000 - $775,000

2 Beds
2 Baths
1,380 Sq Ft
$506/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $279,000 $202 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,110/month

13 Days on Market

About This Home

As of May 2014

**STANDARD SALE **Excellent Opportunity to Purchase a Duplex Income Property in a Nice Neighborhood! **Large Square Footage...county records shows 1,380 sq ft on a 5,400 sq ft Lot! **Both units are vacant have just been REMODELED w/ **NEW GRANITE COUNTERTOPS!!! **NEW CABINETS!! **NEW PAINT!! **BRAND NEW Appliances(installed prior to coe)! Potential estimated rent of $1,800.00/month for potential ANNUAL est INCOME OF $21,600.00 ...Year After Year of steady income! Close to Shopping, Schools & Parks!

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 03/14/2014

Last Buyer's Agent

Ernesto Flores

Keller Williams SELA License #01808435

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 5,400 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 1,380 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 6011012051

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 6011012051
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 202.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Lot Size Area: 5400.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 24
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2015
Sold by
Felix Dionicio E
Bought by
The Felix Family Trust
Current Estimated Value
$722,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,803
Outstanding Balance
$81,737
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$616,001

Purchase Details

Listed on
Mar 14, 2014
Closed on
May 29, 2014
Sold by
Felix Dionicio E
Bought by
Felix Dionisio E and Felix Rosita
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Ernesto Flores
Keller Williams SELA
List Price
$289,000
Sold Price
$279,000
Premium/Discount to List
-$10,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%

Purchase Details

Listed on
Mar 14, 2014
Closed on
Mar 27, 2014
Sold by
Gb Inland Properties Ii Llc
Bought by
Felix Dionicio E and Felix Rosita
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Ernesto Flores
Keller Williams SELA
List Price
$289,000
Sold Price
$279,000
Premium/Discount to List
-$10,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2013
Closed on
Dec 20, 2013
Sold by
Carrillo Ramiro
Bought by
Gb Inland Properties Ii Llc
Seller's Agent
Ramon Sanchez
Century 21 Allstars
Buyer's Agent
Ramon Sanchez
Century 21 Allstars
List Price
$219,900
Sold Price
$224,000
Premium/Discount to List
$4,100
1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
The Felix Family Trust -- Equity Title Company
Felix Dionisio E -- None Available
Felix Dionicio E $279,000 Ticor Title Riverside
Gb Inland Properties Ii Llc $170,722 Ticor Title Riverside
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Felix Family Trust $206,803
Previous Owner Felix Dionicio E $209,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2014 05/16/14 Sold $279,000 -3.5% $202 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $289,000 +29.0% $209 / Sq Ft
11/29/2013 11/29/13 Sold $224,000 +1.9% $162 / Sq Ft View Prior Sale
10/08/2013 10/08/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $219,900 -- $159 / 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 $4,307 $342,004 $220,649 $121,355
2024 $4,307 $335,299 $216,323 $118,976
2023 $4,227 $328,726 $212,082 $116,644
2022 $4,035 $322,281 $207,924 $114,357
2021 $3,981 $315,963 $203,848 $112,115
2019 $3,865 $306,593 $197,802 $108,791
2018 $3,805 $300,582 $193,924 $106,658
2016 $3,628 $288,912 $186,395 $102,517
2015 $3,577 $284,574 $183,596 $100,978
2014 $2,931 $224,000 $170,000 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14052846

California Regional Multiple Listing Service (CRMLS)

APN: 6011-012-051

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