NOT LISTED FOR SALE

Estimated Value: $1,300,000 - $1,422,000

10 Beds
6 Baths
3,715 Sq Ft
$365/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $950,000 $256 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,156/month

7 Days on Market

Highlights

  • New Construction
  • Double Pane Windows
  • Landscaped
  • No HOA
  • Laundry Room
  • ENERGY STAR Qualified Appliances

About This Home

As of June 2020

Very desirable, income producing duplex. This duplex consists of two (2) 5-Bedroom / 3-Bathroom units. The property has one single car garage located at the front of the property and a two car garage located in the rear of the property. This design allows each unit to have the luxury of a garage. Each unit includes dual pane vinyl windows, granite counter tops, wood cabinets throughout, tile flooring in kitchens and baths, mirrored closet doors, carpeted bedrooms, and forced heat throughout both units. The property will be beautifully landscaped to include an artificial lawn to minimize maintenance and water usage. This is new construction, no rent control! Agents bring your investors!

Last Agent to Sell the Property

Andy Zuppardo

Crystal View Realty License #01927358 Listed on: 05/08/2020

Last Buyer's Agent

Andy Zuppardo

Crystal View Realty License #01927358 Listed on: 05/08/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,502 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 3,715 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows

Kitchen

  • Gas Range
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone, trash collection
  • Tax Lot 62
  • Tax Tract Number 5694
  • Assessor Parcel Number 6030019024

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $76,800
  • Net Operating Income $76,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: R2
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6030019024
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 255.72
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5502.00
  • Lot Size Acres: 0.1263

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone, Trash Collection

Multi Family

  • Gross Income: 76800.00
  • Gross Scheduled Income: 76800.00
  • Lot Size Area: 5502.0000 Square Feet
  • Net Operating Income: 76800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 62
  • Tax Tract Number: 5694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
May 6, 2020
Sold by
Ocean Development Inc
Bought by
101 Main Street Properties Llc
Seller's Agent
Andy Zuppardo
Crystal View Realty
Buyer's Agent
Andy Zuppardo
Crystal View Realty
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%
Current Estimated Value
$1,357,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,734
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
Jun 18, 2019
Sold by
Jackson Venessa L Lackey
Bought by
Ocean Development Inc

Purchase Details

Closed on
Jun 17, 2009
Sold by
Lackey Venessa
Bought by
Jackson Venessa L Lackey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2009
Sold by
Jackson Gregory Lamont
Bought by
Jackson Venessa L Lackey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2002
Sold by
Lackey Lois and Estate Of Annie B Anderson
Bought by
Lackey Venessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,220
Interest Rate
5.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
101 Main Street Properties Llc $950,000 Lawyers Title
Ocean Development Inc $375,000 Lawyers Title
Jackson Venessa L Lackey -- Lawyers
Jackson Venessa L Lackey -- Lawyers
Lackey Venessa $126,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Venessa L Lackey $132,000
Previous Owner Jackson Venessa L Lackey $132,000
Previous Owner Lackey Venessa $122,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $950,000 -2.6% $256 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $975,000 +160.0% $262 / Sq Ft
08/23/2019 08/23/19 Sold $375,000 -5.1% $343 / Sq Ft View Prior Sale
05/09/2019 05/09/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $395,000 -- $362 / Sq Ft
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 $12,684 $1,038,959 $601,503 $437,456
2024 $12,684 $1,018,588 $589,709 $428,879
2023 $12,441 $998,617 $578,147 $420,470
2022 $11,866 $979,037 $566,811 $412,226
2021 $11,707 $959,842 $555,698 $404,144
2020 $4,765 $375,000 $300,000 $75,000
2019 $2,223 $166,847 $123,816 $43,031
2018 $2,141 $163,577 $121,389 $42,188
2016 $2,038 $157,226 $116,676 $40,550
2015 $2,010 $154,865 $114,924 $39,941
2014 $2,026 $151,832 $112,673 $39,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20088452

California Regional Multiple Listing Service (CRMLS)

APN: 6030-019-024