NOT LISTED FOR SALE

Estimated Value: $931,000 - $1,103,189

1 Bed
1 Bath
1,172 Sq Ft
$874/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $525,000 $448 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,925/month

12 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Cooling Available
  • Herbert Hoover High School Rated A-
  • Two Homes on a Lot
  • Customized Wheelchair Accessible

About This Home

As of June 2015

Location! Location! Location! Very close to Americana and several shops and stores. Do you want to be an investor? Perfect opportunity! Two units each consisting of one bedroom and one bath. Detached two car drive through garage with a long drive way to the rear. Extra storage in rear as well. Perfect large rear yard. Will go fast!

Last Agent to Sell the Property

Hosep Stepanian

Broker Intrust Real Estate-Hosep Stepanian License #01780506 Listed on: 04/08/2015

Last Buyer's Agent

Nonna Gasparyan

Coldwell Banker Hallmark Realty License #01773402

Coldwell Banker Hallmark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,232 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Colonial Architecture
  • Property Attached
  • Fixer Upper
  • Brick Foundation
  • Composition Roof

Interior Spaces

  • 1,172 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Cooling Available
  • No Heating

Additional Features

  • Customized Wheelchair Accessible
  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 5696011012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Net Operating Income $20,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Architectural Style: Colonial
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5696011012
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Accessibility Features: Customized Wheelchair Accessible
  • Levels: One
  • Price Per Square Foot: 447.95

Exterior Features

  • Foundation: Brick/Mortar
  • Other Structures: Two On A Lot
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: No
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre, Level, Level with Street
  • Lot Size Sq Ft: 6232.00
  • Lot Size Acres: 0.1430

Multi Family

  • Gross Scheduled Income: 21600.00
  • Lot Size Area: 6232.0000 Square Feet
  • Net Operating Income: 20100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1500.00
  • Rent Control: No

Tax Info

  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2019
Sold by
Gasparyan Ambartsum
Bought by
The Anas Family Trust
Current Estimated Value
$1,023,797

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jun 3, 2015
Sold by
Gasparyan Nonna
Bought by
Gasparyan Ambartsum
Seller's Agent
Hosep Stepanian
Broker Intrust Real Estate-Hosep Stepanian
Buyer's Agent
Nonna Gasparyan
Coldwell Banker Hallmark Realty
List Price
$489,000
Sold Price
$525,000
Premium/Discount to List
$36,000
7.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$367,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2015
Closed on
Apr 19, 2015
Sold by
Rhodes James Lloyd
Bought by
Gasparyan Ambartsum
Seller's Agent
Hosep Stepanian
Broker Intrust Real Estate-Hosep Stepanian
Buyer's Agent
Nonna Gasparyan
Coldwell Banker Hallmark Realty
List Price
$489,000
Sold Price
$525,000
Premium/Discount to List
$36,000
7.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1993
Sold by
California Federal Bank Fsb
Bought by
Rhodes James Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.91%
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 Anas Family Trust -- None Available
Gasparyan Ambartsum -- Equity Title
Gasparyan Ambartsum $525,000 Equity Title
Rhodes James Lloyd $155,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gasparyan Ambartsum $367,500
Previous Owner Rhodes James Lloyd $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2015 06/05/15 Sold $525,000 +7.4% $448 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $489,000 -- $417 / 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 $6,925 $630,961 $378,577 $252,384
2024 $6,925 $618,590 $371,154 $247,436
2023 $6,768 $606,462 $363,877 $242,585
2022 $6,650 $594,572 $356,743 $237,829
2021 $6,536 $582,915 $349,749 $233,166
2020 $6,443 $576,939 $346,163 $230,776
2019 $6,287 $565,627 $339,376 $226,251
2018 $6,154 $554,537 $332,722 $221,815
2016 $5,847 $533,005 $319,803 $213,202
2015 $2,439 $219,184 $217,784 $1,400
2014 -- $214,891 $213,518 $1,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15073863

California Regional Multiple Listing Service (CRMLS)

APN: 5696-011-012