NOT LISTED FOR SALE

Estimated Value: $856,000 - $1,019,591

4 Beds
2 Baths
1,433 Sq Ft
$651/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $617,000 $431 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,693/month

3 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Accessible Parking
  • Carpet
  • Laundry Room
  • Block Wall Fence
  • Wall Furnace

About This Home

As of July 2017

Great investment property* 2 separate units each with its own yard* both units rented* both units in good condition*Fully fenced* Closed to everything* It has a 2 car garage* please make offer subject to interior inspection.

Last Agent to Sell the Property

Robert Laguna

RE/MAX MASTERS REALTY License #01061527 Listed on: 06/23/2017

RE/MAX MASTERS REALTY

Last Buyer's Agent

WINNIE TANG

HANDFORE REALTY CORP. License #01103630

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 9,997 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,433 Sq Ft Home
  • Brick Wall or Ceiling

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • Accessible Parking

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 8
  • Tax Tract Number 8276
  • Assessor Parcel Number 8568016007

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $480
  • Operating Expense $1,680
  • Gross Income $2,225

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: EMR1AY
  • Property Type: Residential Income
  • Parcel Number: 8568016007
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Brick Walls
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Accessibility Features: Parking
  • Levels: One
  • Price Per Square Foot: 430.57
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 9997.00

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 700 Square Feet
  • Gross Income: 2225.00
  • Gross Scheduled Income: 2225.00
  • Insurance Expense: 1200.00
  • 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: 75.00
  • Rent Control: No
  • Total Expenses: 1680.00

Tax Info

  • Tax Census Tract: 4327.00
  • Tax Lot: 8
  • Tax Tract Number: 8276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jun 28, 2017
Sold by
My Dream Llc
Bought by
Wang Angie
Seller's Agent
Robert Laguna
RE/MAX MASTERS REALTY
Buyer's Agent
WINNIE TANG
HANDFORE REALTY CORP.
List Price
$649,900
Sold Price
$617,000
Premium/Discount to List
-$32,900
-5.06%
Current Estimated Value
$933,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,398
Avg. Annual Appreciation
5.00%
Original Mortgage
$400,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2017
Closed on
May 26, 2017
Sold by
Farias Arturo and Farias Carmen
Bought by
My Dream Llc
Seller's Agent
Robert Laguna
RE/MAX MASTERS REALTY
Buyer's Agent
WINNIE TANG
HANDFORE REALTY CORP.
List Price
$649,900
Sold Price
$617,000
Premium/Discount to List
-$32,900
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Wang Angie $617,000 Provident Title
My Dream Llc $500,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed My Dream Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $617,000 0.0% $431 / Sq Ft
06/26/2017 06/26/17 Off Market $617,000 -- --
06/23/2017 06/23/17 For Sale $649,900 -- $454 / 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 $9,629 $702,034 $281,040 $420,994
2024 $9,629 $688,270 $275,530 $412,740
2023 $9,438 $674,776 $270,128 $404,648
2022 $9,085 $661,546 $264,832 $396,714
2021 $9,215 $648,576 $259,640 $388,936
2020 $9,189 $641,926 $256,978 $384,948
2019 $9,406 $629,340 $251,940 $377,400
2018 $9,225 $617,000 $247,000 $370,000
2016 $1,159 $48,200 $24,621 $23,579
2015 $1,145 $47,477 $24,252 $23,225
2014 $1,128 $46,548 $23,777 $22,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17143262

California Regional Multiple Listing Service (CRMLS)

APN: 8568-016-007