NOT LISTED FOR SALE

Estimated Value: $427,000 - $705,000

5 Beds
3 Baths
1,844 Sq Ft
$328/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $326,000 $177 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,544/month

4 Days on Market

Highlights

  • Horse Property Unimproved
  • Tile Flooring
  • 2 Car Garage
  • No HOA
  • Central Air

About This Home

As of December 2014

Great property with lots of upside. Zoned Multi Family for 2-4 Units and Horse Property, owner made several repairs on both Units. Newer
Unit is a Two (2) Story Home Built in 2008, all bedrooms upstairs; Newer Unit has Tile Flooring throughout home; Smaller unit needs some upgrades and was built in 1927, Fireplace located in Living Room. Area is known for large lots and Horse Property, Great property for large family and/or In-Laws can live in one Unit. Easy access to Freeways, See Agent Remarks

Last Agent to Sell the Property

Marco Ramirez

Expert Realty Inc. License #01327167 Listed on: 08/19/2014

Last Buyer's Agent

MARIA NAVARRO

Elevate Real Estate Agency License #01353560

Elevate Real Estate Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,176

Year Built

  • Built in 1927

Lot Details

  • 0.46 Acre Lot
  • No Common Walls
  • Rural Setting

Parking

  • 2 Car Garage
  • Parking Available
  • Gravel Driveway
  • RV Potential

Home Design

  • Shingle Roof

Interior Spaces

  • 1,844 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Horse Property Unimproved
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 16
  • Assessor Parcel Number 174230013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,380
  • Trash Expense $65
  • Water Sewer Expense $50
  • New Taxes Expense $4,063
  • Gross Income $2,300
  • Net Operating Income $23,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,176

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 50.00
  • Property Type: Residential Income
  • Parcel Number: 174230013
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: No
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 176.79
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Gravel, Driveway, Garage, On Site, RV Potential
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 65.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Features: Horse Property Unimproved, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20038.00
  • Lot Size Acres: 0.4600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 1380.00
  • Lot Size Area: 20038.0000 Square Feet
  • Net Operating Income: 23460.00
  • 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: 2760.00
  • Operating Expense Percent: 10.00
  • Rent Control: No
  • Total Actual Rent: 2300.00
  • Vacancy Allowance: 1380
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 4063.00
  • Tax Lot: 16
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2015
Sold by
Torres Oscar and Torres Oscar
Bought by
Torres Oscar
Current Estimated Value
$583,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,596
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2014
Sold by
Serrano Jorge
Bought by
Torres Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,095
Interest Rate
3.96%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2007
Sold by
Serrano Jorge and Serrano Jessica
Bought by
Serrano Jorge

Purchase Details

Closed on
Sep 28, 2004
Sold by
Serrano Jorge
Bought by
Serrano Jorge and Serrano Jessica

Purchase Details

Closed on
Sep 3, 2004
Sold by
Serrano Sofia
Bought by
Serrano Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2004
Sold by
Lara Timothy
Bought by
Serrano Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Grillo John F
Bought by
Lara Timothy Joseph
Source: Public Records

Range of Values:

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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
Torres Oscar -- Pacific Coast Title Company
Torres Oscar $326,000 Wfg Title Company
Serrano Jorge -- Security Union Title Company
Serrano Jorge -- Security Union Title Company
Serrano Jorge -- North American Title Co
Serrano Jorge -- North American Title Co
Serrano Jorge $125,000 North American Title Co
Lara Timothy Joseph $25,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Oscar $287,236
Closed Torres Oscar $317,596
Previous Owner Torres Oscar $320,095
Previous Owner Serrano Jorge $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2014 12/29/14 Sold $326,000 +0.3% $177 / Sq Ft
08/23/2014 08/23/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $325,000 -- $176 / 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 $4,176 $391,791 $90,133 $301,658
2023 $4,176 $376,580 $86,634 $289,946
2022 $4,107 $369,197 $84,936 $284,261
2021 $4,078 $361,959 $83,271 $278,688
2020 $4,042 $358,249 $82,418 $275,831
2019 $3,962 $351,225 $80,802 $270,423
2018 $3,835 $344,339 $79,218 $265,121
2017 $3,796 $337,588 $77,665 $259,923
2016 $3,744 $330,970 $76,143 $254,827
2015 $3,694 $326,000 $75,000 $251,000
2014 $3,130 $290,551 $90,963 $199,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14178766

California Regional Multiple Listing Service (CRMLS)

APN: 174-230-013