NOT LISTED FOR SALE

Estimated Value: $1,211,000 - $1,344,000

4 Beds
3 Baths
2,055 Sq Ft
$620/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2012

Last sale price $525,000 $255 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $7,610 / mo

34 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Central Heating
  • Longfellow Elementary School Rated A-

About This Home

As of August 2012

Two unit income property in Historical California Heights. The front house is a Spanish style 3 bedroom 2 bathroom, 1,479 square feet with all the charm and originality of a classic Spanish style home. Hardwood floors, coved ceilings, formal dining room, bonus room off dining room, fireplace in living room, recessed lighting, arched entry ways, central air conditioning, inside laundry. Long driveway and 2 car garage. Iron fenced in back patio separates it from the second unit. Second unit is a 1 bedroom 1 bath apartment over garages and studio. Laminate flooring in living room, tile in kitchen and bath, and carpet in bedroom. Separate parking with gated entry and patio area. Excellent Cal Heights location. A must see.

Last Agent to Sell the Property

J. Scott Butzbach

Coldwell Banker Realty License #01368768 Listed on: 01/30/2012

Last Buyer's Agent

LEON SHOAG

College Park Realty, Inc License #00826863

College Park Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,397

Parking

  • 3 Car Garage

Home Design

  • 2,055 Sq Ft Home
  • Spanish Architecture
  • Tile Roof
  • Concrete Roof
  • Stucco

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 6,397 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tax Block 3
  • Tax Tract Number 5630
  • Assessor Parcel Number 7146006010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $681
  • Gardener Expense $500
  • Insurance Expense $2,700
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $6,875
  • Gross Income $3,795
  • Net Operating Income $40,165

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

6,397 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 7.30
  • Water Sewer Expenses: 600.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Gardener Expense: 500.00
  • Parcel Number: 7146006010
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Price Per Square Foot: 255.47

Exterior Features

  • Roof: Concrete, Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 7.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6397.00
  • Lot Size Acres: 0.1470

Multi Family

  • Average1 Bed Area: 576
  • Average3 Bed Area: 1479
  • Electric Expense: 681.00
  • Gross Income: 3795.00
  • Gross Multiplier: 12.08
  • Gross Scheduled Income: 45540.00
  • Insurance Expense: 2700.00
  • Lot Size Area: 6397.0000 Square Feet
  • Net Operating Income: 40165.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5375.00

Tax Info

  • New Taxes Expense: 6875.00
  • Tax Area: 5500
  • Tax Block: 3
  • Tax Lot: 0.
  • Tax Tract Number: 5630

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2012
Closed on
Oct 1, 2012
Sold by
Bought by
Seller's Agent
J. Scott Butzbach
Coldwell Banker Realty
Buyer's Agent
LEON SHOAG
College Park Realty, Inc
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$1,273,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,134
Avg. Annual Appreciation
6.57%
Original Mortgage
$367,500
Interest Rate
0.0356%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2012
Closed on
Aug 9, 2012
Sold by
Bought by
Seller's Agent
J. Scott Butzbach
Coldwell Banker Realty
Buyer's Agent
LEON SHOAG
College Park Realty, Inc
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

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
0.0356%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,800
Interest Rate
0.0637%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
0.0657%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 17, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,500
Interest Rate
0.058%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
0.0637%

Purchase Details

Closed on
Mar 14, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$525,000 Fidelity National Title Co
-- First American Title Co
-- First American Title Co
-- None Available
-- --
-- Old Republic Title
-- --
$436,000 North American Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $367,500
Previous Owner $684,800
Previous Owner $340,000
Previous Owner $209,500
Previous Owner $103,000
Previous Owner $403,000
Previous Owner $403,000
Previous Owner $328,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2012 08/15/12 Sold $525,000 -4.5% $255 / Sq Ft
03/04/2012 03/04/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $550,000 -- $268 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,797 $646,488 $369,423 $277,065
2024 $8,416 $633,813 $362,180 $271,633
2023 $8,276 $621,386 $355,079 $266,307
2022 $7,775 $609,203 $348,117 $261,086
2021 $7,619 $597,259 $341,292 $255,967
2020 $7,599 $591,136 $337,793 $253,343
2019 $7,511 $579,546 $331,170 $248,376
2018 $7,229 $568,183 $324,677 $243,506
2016 $6,646 $546,121 $312,070 $234,051
2015 $6,380 $537,919 $307,383 $230,536
2014 $6,339 $527,383 $301,362 $226,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P810441

California Regional Multiple Listing Service (CRMLS)

APN: 7146-006-010

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