NOT LISTED FOR SALE

Estimated Value: $662,000 - $954,000

4 Beds
3 Baths
1,398 Sq Ft
$579/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $405,000 $290 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,863/month

99 Days on Market

About This Home

As of October 2014

Excellent Property for first time buyers. Don't Miss out Property will sell soon.
Good income property. property currently in Rehab/construction. will be a 4 brd, 2 bath and front house and 1 bdr. 1 bath back unit
Must be pre approved by Major Lender.
Drive by only do not disturb tenants.

Last Agent to Sell the Property

J .Rene Villanueva

Rene VIllanueva, Broker License #01202041 Listed on: 07/02/2014

Last Buyer's Agent

Hector Benavidez

Equity Smart Real Estate Services License #01337609

Equity Smart Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,987

Year Built

  • Built in 1914

Lot Details

  • 5,200 Sq Ft Lot
  • No Common Walls
  • Rural Setting

Parking

  • 2 Car Garage

Home Design

  • 1,398 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 5191011017

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $720
  • Insurance Expense $820
  • Trash Expense $750
  • Water Sewer Expense $780
  • New Taxes Expense $4,987
  • Operating Expense $8,657
  • Gross Income $3,000
  • Net Operating Income $26,621

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,987

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 780.00
  • Property Type: Residential Income
  • Parcel Number: 5191011017
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 289.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 750.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1190

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 720.00
  • Gross Income: 3000.00
  • Gross Operating Income: 27343.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 820.00
  • Lot Size Area: 5200.0000 Square Feet
  • Net Operating Income: 26621.00
  • 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: 721.00
  • Rent Control: Yes
  • Total Expenses: 8657.00

Tax Info

  • New Taxes Expense: 4987.00
  • Tax Lot: 97
  • Tax Tract Number: young
  • Tax Annual Amount: 4987.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2014
Closed on
Nov 19, 2014
Sold by
1St Class Investments & Realty Inc
Bought by
Cepeda Victor Hugo and Cepeda Martha Alicia
Seller's Agent
J .Rene Villanueva
Rene VIllanueva, Broker
Buyer's Agent
Hector Benavidez
Equity Smart Real Estate Services
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%
Current Estimated Value
$809,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,842
Avg. Annual Appreciation
6.50%
Original Mortgage
$391,483
Outstanding Balance
$299,002
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$510,840

Purchase Details

Closed on
Mar 10, 2014
Sold by
Hernandez Juan
Bought by
1St Class Investments & Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,300
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2014
Sold by
Estrada Maria
Bought by
Hernandez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,300
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Solorio Salvador Seferino L
Bought by
Estrada Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2000
Sold by
Solorio Salvador S
Bought by
Solorio Salvador Seferino L and Solorio Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,793
Interest Rate
8.37%
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
Cepeda Victor Hugo $405,000 Title 365
1St Class Investments & Realty Inc -- Provident Title Company
Hernandez Juan $265,000 Title 365
Estrada Maria $355,000 First American Title
Solorio Salvador Seferino L -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cepeda Victor Hugo $391,483
Previous Owner 1St Class Investments & Realty Inc $252,300
Previous Owner Estrada Maria $284,000
Previous Owner Solorio Salvador Seferino L $108,793
Closed Estrada Maria $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $405,000 +1.5% $290 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $399,000 -- $285 / 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 $6,789 $548,111 $338,982 $209,129
2024 $6,789 $537,365 $332,336 $205,029
2023 $5,953 $467,839 $288,791 $179,048
2022 $5,682 $458,667 $283,129 $175,538
2021 $5,610 $449,675 $277,578 $172,097
2019 $5,446 $436,340 $269,346 $166,994
2018 $5,316 $427,785 $264,065 $163,720
2016 $5,076 $411,175 $253,812 $157,363
2015 $5,003 $405,000 $250,000 $155,000
2014 $2,794 $221,000 $172,700 $48,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14126187

California Regional Multiple Listing Service (CRMLS)

APN: 5191-011-017