NOT LISTED FOR SALE

Estimated Value: $668,648 - $903,000

8 Beds
4 Baths
2,556 Sq Ft
$310/Sq Ft Est. Value

Last Sold April 13, 2012

Last sale price $240,000 $94 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $4,658/month

146 Days on Market

About This Home

As of April 2012

Great Income Property. A lot of potential;Needs some TLC. This is a Short Sale. All terms and conditions are subject to Lender's approval.

Last Agent to Sell the Property

Mirwais Azadzoy

Investors R.E. & Associates License #01321424 Listed on: 09/20/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,180

Year Built

  • Built in 1933

Lot Details

  • 6,351

Parking

  • 4 Parking Spaces

Home Design

  • 2,556 Sq Ft Home

Additional Features

  • 6,351 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 6031015008

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $3,360
  • New Taxes Expense $5,825
  • Gross Income $3,650
  • Net Operating Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,180

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 16.32
  • View: No
  • Water Sewer Expenses: 3360.00
  • Property Type: Residential Income
  • Parcel Number: 6031015008
  • Year Built: 1933
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 93.90

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6351.00
  • Lot Size Acres: 0.1460

Multi Family

  • Gross Income: 3650.00
  • Gross Multiplier: 5.71
  • Gross Scheduled Income: 43800.00
  • Lot Size Area: 6351.0000 Square Feet
  • Net Operating Income: 40800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 3000.00

Tax Info

  • New Taxes Expense: 5825.00
  • Tax Lot: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2011
Closed on
May 7, 2012
Sold by
Jaco Walter Augusto and Jaco Yesenia E
Bought by
Costa Property Management
Seller's Agent
Mirwais Azadzoy
Investors R.E. & Associates
List Price
$270,000
Sold Price
$240,000
Premium/Discount to List
-$30,000
-11.11%
Current Estimated Value
$792,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,662
Avg. Annual Appreciation
9.67%

Purchase Details

Closed on
Jul 26, 2006
Sold by
Jaco Walter Augusto and Jaco Yesenia E
Bought by
Jaco Walter Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.76%
Mortgage Type
Unknown

Purchase Details

Closed on
May 14, 2004
Sold by
Tsa Properties Inc
Bought by
Jaco Walter Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2002
Sold by
Mendoza Clara Joaquina and Mendoza Pedro
Bought by
Alvarez Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
6.6%

Purchase Details

Closed on
Aug 9, 2001
Sold by
Furbert Reginald J
Bought by
Henry Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
7.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Costa Property Management $250,000 Fidelity National Title Co
Jaco Walter Augusto -- None Available
Jaco Walter Augusto $390,000 Southland Title Company
Tsa Properties -- Southland Title Company
Alvarez Sandra $210,000 Stewart Title
Alvarez Sandra -- Stewart Title
Henry Charles $235,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaco Walter Augusto $417,000
Previous Owner Jaco Walter $88,000
Previous Owner Jaco Walter Augusto $312,000
Previous Owner Alvarez Sandra $263,500
Previous Owner Alvarez Sandra $229,000
Previous Owner Henry Charles $176,250
Closed Henry Charles $58,750
Closed Jaco Walter Augusto $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2012 04/13/12 Sold $240,000 -11.1% $94 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
09/20/2011 09/20/11 For Sale $270,000 -- $106 / 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 $4,180 $313,998 $156,999 $156,999
2024 $4,180 $307,842 $153,921 $153,921
2023 $4,107 $301,806 $150,903 $150,903
2022 $3,929 $295,890 $147,945 $147,945
2021 $3,870 $290,090 $145,045 $145,045
2019 $3,762 $281,488 $140,744 $140,744
2018 $3,666 $275,970 $137,985 $137,985
2016 $3,485 $265,256 $132,628 $132,628
2015 $3,438 $261,272 $130,636 $130,636
2014 $3,475 $256,156 $128,078 $128,078
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P797352

California Regional Multiple Listing Service (CRMLS)

APN: 6031-015-008