NOT LISTED FOR SALE

Estimated Value: $539,000 - $583,000

6 Beds
4 Baths
2,272 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $505,000 $222 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,409/month

85 Days on Market

Highlights

  • Granite Countertops
  • Tile Flooring
  • Security Fence
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Back Yard

About This Home

As of July 2024

Price just reduced! Welcome to the perfect investment opportunity! This vibrant duplex offers two spacious 1,136 sqft units, each presenting 3 bedrooms and 2 bathrooms, alongside attached 2-car garages and separate utility meters for ultimate convenience. Recently had the roof and gutters cleaned, flashings resealed, cleaned out debris from the main drain pipes, replaced kitchen and water heater pipes, AC and heating units serviced and cleaned and also had the HVAC ducts and ventilation serviced and cleaned. Safety and privacy are assured with a fenced-in property and individual backyard retreats. While a slight fixer-upper, this duplex brims with exceptional investment potential, beckoning savvy buyers to unlock its hidden treasures. Buyers and agents, dive into this golden opportunity but remember to conduct your due diligence to unveil its full splendor!

Last Agent to Sell the Property

Joyce Hsueh-Martin

Momentum Realty License #01721270 Listed on: 03/10/2024

Last Buyer's Agent

Jalal Liton

Alliance Bay Realty License #02009336

Alliance Bay Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,733

Year Built

  • 1980

Lot Details

  • 6,608 Sq Ft Lot
  • Security Fence
  • Back Yard

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,272 Sq Ft Home
  • 1-Story Property
  • Inverted Floor Plan
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $39,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,500
  • Maintenance Expense $1,200
  • Trash Expense $1,800
  • Operating Expense $9,000
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,733

Year Built

1980

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-2 Multi-Family Residential
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2272
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric
  • Living Sq Ft: 2272
  • Stories: 1
  • Security: Security Fence
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Inverted Floor Plan

Schools

  • High School: 34956

Lot Info

  • Lot Acres: 0.1517
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6610.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6610.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 14.39
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1500
  • Expense Maintenance: 1200
  • Expenses Total: 9000
  • Expense Trash: 1800
  • Income Annual Gross: 39600.00
  • Income Annual Rental: 39600
  • Income Gross Scheduled: 39600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance - Exterminator, Maintenance - Repair
  • Tenant Expenses: Maintenance - Exterior, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2024
Closed on
Jul 2, 2024
Sold by
Agustin Steven
Bought by
Sultana Fahima and Liton Md Jalal
Seller's Agent
Joyce Hsueh-Martin
Momentum Realty
Buyer's Agent
Jalal Liton
Alliance Bay Realty
List Price
$569,888
Sold Price
$505,000
Premium/Discount to List
-$64,888
-11.39%
Views
188
Current Estimated Value
$559,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,903
Avg. Annual Appreciation
8.40%
Original Mortgage
$378,750
Outstanding Balance
$374,261
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$185,642

Purchase Details

Closed on
Mar 27, 2023
Sold by
Cervantes Miguel and Cervantes Cristina
Bought by
Agustin Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,617
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2004
Sold by
Rous Kim and Yan Yam
Bought by
Cervantes Miguel and Cervantes Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1998
Sold by
Lot Mary and Yorn Yoeuth
Bought by
Rous Kim and Yan Yam
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
Sultana Fahima $505,000 Chicago Title
Agustin Steven $510,000 Placer Title
Cervantes Miguel $373,000 Fidelity Natl Title Ins Co
Rous Kim -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sultana Fahima $378,750
Previous Owner Agustin Steven $340,617
Previous Owner Cervantes Miguel $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $505,000 -11.4% $222 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $569,888 0.0% $251 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
03/29/2024 03/29/24 Price Changed $569,888 -5.0% $251 / Sq Ft
03/10/2024 03/10/24 For Sale $599,888 -- $264 / Sq Ft
Source: MLSListings

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 $5,733 $505,000 $130,000 $375,000
2024 $6,734 $520,200 $156,060 $364,140
2023 $4,492 $390,000 $115,000 $275,000
2022 $4,414 $390,000 $115,000 $275,000
2021 $4,022 $340,000 $125,000 $215,000
2020 $3,966 $340,000 $125,652 $214,348
2019 $2,686 $230,000 $85,000 $145,000
2018 $2,690 $230,000 $85,000 $145,000
2017 $2,679 $230,000 $85,000 $145,000
2016 $2,353 $210,000 $75,000 $135,000
2014 $1,727 $150,000 $37,000 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81956985

MLSListings

APN: 078-380-55