NOT LISTED FOR SALE

Estimated Value: $994,000 - $1,617,000

7 Beds
5 Baths
3,078 Sq Ft
$392/Sq Ft Est. Value

Last Sold March 11, 2020

Last sale price $855,000 $278 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,209/month

125 Days on Market

Highlights

  • New Construction
  • No HOA
  • Living Room
  • Peters K-3 Elementary School Rated A-
  • Neighborhood Views
  • 3-minute walk to Cesar Chavez Campesino Park

About This Home

As of March 2020

****** BRAND NEW CONSTRUTION FROM THE GROUND UP!!! ****** (BUILT IN 2019) **** THE PROPERTY IS CURRENTLY BEING BUILT *****

ALL NEW TO THE BUYER INCLUDING STAINLESS STEEL APPLIANCES (MICROWAVE, STOVE, DISHWASHER, WASHER, DRYER AND REFRIGERATOR)
MAIN HOUSE IS A 5 BEDROOM, 3 1/2 BATH WITH FAMILY ROOM, DINING/LIVING ROOM AND 2 CAR ATTACHED GARAGE PLUS 4 ADDITIONAL PARKING SPACES. SECOND UNIT IS 2 BEDROOM, 1 BATH, WITH LIVING ROOM/ DINING ROOM AND KITCHEN.
ALL NEW ON BOTH UNITS: KITCHEN CABINETS, KITCHEN COUNTER TOPS, NEW FLOORING, NEW WINDOWS, NEW PAINT, NEW PLUMBING, NEW ROOF, AND NEW SPRIINKLERS SYSTEM.

Last Agent to Sell the Property

Saul Delgado

California Team Realty License #01291668 Listed on: 10/01/2019

Last Buyer's Agent

Wayne Yau

Landmark Realty Group License #01374388

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,745

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4,920 Sq Ft Lot
  • 1 Common Wall
  • Sprinkler System
  • Garden

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 3,078 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Trash Compactor

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 669
  • Assessor Parcel Number 19824140

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $300
  • Water Sewer Expense $300
  • New Taxes Expense $11,237
  • Operating Expense $12,837
  • Gross Income $7,200
  • Net Operating Income $59,163

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,745

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 300.00
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 19824140
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 277.78
  • Room Type: Family Room, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Trash Compactor, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Sprinkler System
  • Lot Size Sq Ft: 4920.00
  • Lot Size Acres: 0.1129

Multi Family

  • Gross Income: 7200.00
  • Gross Operating Income: 72000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4920.0000 Square Feet
  • Net Operating Income: 59163.00
  • 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: 12837.00
  • Rent Control: No
  • Total Expenses: 12837.00

Tax Info

  • New Taxes Expense: 11237.00
  • Tax Lot: 4
  • Tax Tract Number: 669

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2023
Sold by
Le Thuy Q and Le Jennifer T
Bought by
Ln Living Trust
Current Estimated Value
$1,206,433

Purchase Details

Listed on
Oct 1, 2019
Closed on
Mar 9, 2020
Sold by
920 North Grand Ave Llc
Bought by
Le Thuy Q and Nguyen Jennifer T
Seller's Agent
Saul Delgado
California Team Realty
Buyer's Agent
Wayne Yau
Landmark Realty Group
List Price
$899,000
Sold Price
$855,000
Premium/Discount to List
-$44,000
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$540,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2019
Sold by
Padilla Refugio
Bought by
920 North Grand Ave Llc

Purchase Details

Closed on
Jun 1, 2018
Sold by
Caboraca Investments Inc
Bought by
Padilla Refugio

Purchase Details

Closed on
Jan 17, 2018
Sold by
Sunshine Container Inc
Bought by
Caboraca Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.94%
Mortgage Type
Balloon

Purchase Details

Closed on
May 23, 2016
Sold by
Gonzales Guadalupe Reyes
Bought by
Sunshine Container

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2006
Sold by
Revocable Trust Of Guadalupe Gonzales
Bought by
Vargas Salvador and Vargas Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 1994
Sold by
First American Title Insurance Company
Bought by
Banda Maria Elena R
Source: Public Records

Range of Values:

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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
Ln Living Trust -- --
Le Thuy Q $855,000 First American Title Company
920 North Grand Ave Llc -- None Available
Padilla Refugio $600,000 First American Title Co
Caboraca Investments Inc $500,000 Fidelity National Title
Sunshine Container $369,500 Commonwealth Land Title
Vargas Salvador $600,000 First American Title Co Oc
Banda Maria Elena R $180,680 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Le Thuy Q $540,000
Previous Owner Caboraca Investments Inc $200,000
Previous Owner Sunshine Container $240,000
Previous Owner Vargas Salvador $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2020 03/11/20 Sold $855,000 -4.9% $278 / Sq Ft
10/01/2019 10/01/19 For Sale $899,000 -- $292 / 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 $10,745 $935,065 $414,452 $520,613
2024 $10,745 $916,731 $406,326 $510,405
2023 $10,552 $898,756 $398,358 $500,398
2022 $10,317 $881,134 $390,547 $490,587
2021 $10,177 $863,857 $382,889 $480,968
2020 $7,523 $628,757 $215,362 $413,395
2019 $2,861 $211,140 $211,140 $0
2018 $2,550 $197,185 $197,185 $0
2017 $2,525 $193,319 $193,319 $0
2016 $2,419 $189,529 $189,529 $0
2015 $2,388 $186,683 $186,683 $0
2014 $2,323 $245,908 $245,908 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19232959

California Regional Multiple Listing Service (CRMLS)

APN: 198-241-40