NOT LISTED FOR SALE

Estimated Value: $1,464,000 - $1,872,000

5 Beds
3 Baths
3,023 Sq Ft
$577/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $1,000,000 $331 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $10,588/month

12 Days on Market

Highlights

  • No HOA
  • 5 Car Garage
  • Back Yard
  • Walteria Elementary School Rated A

About This Home

As of April 2014

Trophy income property in Walteria. Two completely detached homes on a huge, 10,896 sq. ft. pie-shaped lot. Huge curb appeal, these units look like two completely separate single family homes. Long-term tenants with great rents. Some updates have been done. 3420 Newton was built in 1980, is a two-story 3 bedroom, 2.5 bath home, with living room, dining room, family room, and fireplace. 3432 Newton was built in 1949 and is single-story, 2 bedroom, 1 bath and has a living and dining area.

Last Agent to Sell the Property

Amir Amiri

Merit Real Estate License #01041226 Listed on: 02/13/2014

Last Buyer's Agent

Cari Corbalis

Vista Sotheby’s International Realty License #00850678

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,938

Year Built

  • Built in 1949

Lot Details

  • 0.25 Acre Lot
  • No Common Walls
  • Back Yard

Parking

  • 5 Car Garage
  • Parking Available

Interior Spaces

  • 3,023 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 10 / 3
  • Tax Tract Number 15139
  • Assessor Parcel Number 7535011010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $250
  • Water Sewer Expense $1,000
  • New Taxes Expense $12,487
  • Gross Income $4,770
  • Net Operating Income $53,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,938

Year Built

Built in 1949

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 5.35
  • Price Per Unit: 499500
  • Property Attached: No
  • Water Sewer Expenses: 1000.00
  • Zoning: TORR-LM
  • Property Type: Residential Income
  • Parcel Number: 7535011010
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 330.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Back Yard
  • Lot Size: Irregular
  • Lot Size Sq Ft: 10896.00
  • Lot Size Acres: 0.2500

Multi Family

  • Average2 Bed Area: 822
  • Average3 Bed Area: 2201
  • Gross Income: 4770.00
  • Gross Scheduled Income: 57240.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 10896.0000 Square Feet
  • Net Operating Income: 53460.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3780.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12487.00
  • Tax Block: 3
  • Tax Lot: 10
  • Tax Tract Number: 15139
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Miura Brian R
Bought by
Pinarek Llc
Current Estimated Value
$1,743,526

Purchase Details

Listed on
Feb 13, 2014
Closed on
Apr 9, 2014
Sold by
Amiricorp
Bought by
Miura Brian R and Brian R Miura Trust
Seller's Agent
Amir Amiri
Merit Real Estate
Buyer's Agent
Cari Corbalis
Vista Sotheby’s International Realty
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Oct 16, 2013
Sold by
Dahl James R and Dahl Karen D
Bought by
Amiri Corp

Purchase Details

Closed on
Oct 2, 2013
Sold by
Dahl James R and Dahl Karen D
Bought by
Dahl James R and Dahl Karen D
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
Pinarek Llc -- None Available
Miura Brian R $1,000,010 None Available
Amiri Corp -- Usa National Title Company
Dahl James R -- Usa National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dahl James $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $1,000,000 +0.1% $331 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $999,000 -- $330 / 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 $13,938 $1,225,854 $674,220 $551,634
2024 $13,938 $1,201,818 $661,000 $540,818
2023 $13,680 $1,178,254 $648,040 $530,214
2022 $13,498 $1,155,152 $635,334 $519,818
2021 $13,252 $1,132,503 $622,877 $509,626
2020 $13,053 $1,120,892 $616,491 $504,401
2019 $12,869 $1,098,914 $604,403 $494,511
2018 $12,475 $1,077,367 $592,552 $484,815
2016 $11,916 $1,035,534 $569,544 $465,990
2015 $11,659 $1,019,980 $560,989 $458,991
2014 $6,009 $511,705 $186,809 $324,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14030255

California Regional Multiple Listing Service (CRMLS)

APN: 7535-011-010