NOT LISTED FOR SALE

Estimated Value: $708,652 - $862,000

6 Beds
3 Baths
3,072 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 05, 2013

Last sale price $275,000 $90 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $4,687/month

7 Days on Market

Highlights

  • Mountain View
  • Laundry Room
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Ceiling Fan

About This Home

As of September 2013

This income producing cash flowing property is an investors delight. This property has 4 units all of which are 2 Bedrooms 1 Bathroom with laundry hook ups and central air and heating. You heard that right each unit has their own washer and dryer hook ups inside the units.

Last Agent to Sell the Property

Ryan Ottosen

Capital & Influence License #01842391 Listed on: 07/18/2013

Co-Listed By

Joseph Galluppi

HILL TOP REAL ESTATE License #01317511

Last Buyer's Agent

sherry tweini

CENTURY 21 ADAMS & BARNES License #01733494

CENTURY 21 ADAMS & BARNES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,357

Year Built

  • Built in 1982

Lot Details

  • 8,265 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Turnkey

Interior Spaces

  • 3,072 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Mountain Views
  • Formica Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 51
  • Assessor Parcel Number 0154271160000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,880
  • Professional Management Expense $3,000
  • Water Sewer Expense $4,800
  • New Taxes Expense $3,025
  • Gross Income $3,050
  • Net Operating Income $1,447

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,357

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 4800.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 0154271160000
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Formica Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Levels: Two
  • Price Per Square Foot: 89.52

Exterior Features

  • View: Mountain(s)
  • Fencing: Block, Wood
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8265.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 768
  • Gross Income: 3050.00
  • Gross Scheduled Income: 3050.00
  • Insurance Expense: 2880.00
  • Lot Size Area: 8265.0000 Square Feet
  • Net Operating Income: 1447.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Operating Expense: 1603.00
  • Rent Control: No
  • Vacancy Allowance Rate: 11.00

Tax Info

  • New Taxes Expense: 3025.00
  • Tax Lot: 1
  • Tax Tract Number: 0051
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2018
Sold by
Tweini Yousef and Tweini Shahira
Bought by
Tweini Yousef M and Tweini Shamira J
Current Estimated Value
$795,163

Purchase Details

Listed on
Jul 18, 2013
Closed on
Jul 25, 2013
Sold by
M & S Brewer Properties Llc
Bought by
Tweini Yousef and Tweini Shahira
Seller's Agent
Ryan Ottosen
Capital & Influence
Buyer's Agent
sherry tweini
CENTURY 21 ADAMS & BARNES
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$206,250
Outstanding Balance
$153,483
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$641,680

Purchase Details

Closed on
Jan 5, 2011
Sold by
3925 Mountain View Ave Trust
Bought by
M & S Brewer Properties Llc

Purchase Details

Closed on
May 20, 2010
Sold by
Lenocker W Tracy
Bought by
3925 Mountainview Ave Trust and Properties West Management Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2010
Sold by
Letty Cisneros Family Trust Of 2009
Bought by
3925 Mountainview Ave Trust and Properties West Management Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2010
Sold by
Sdrolmuls Llc
Bought by
Letty Cisneros Family Trust Of 2009

Purchase Details

Closed on
Nov 20, 2009
Sold by
Gmac Mortgage Llc
Bought by
Sdrolmuls Llc

Purchase Details

Closed on
Sep 17, 2009
Sold by
Hon Charlie
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Sep 21, 2006
Sold by
Snook Ricky Lee
Bought by
Hon Charlie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 22, 2001
Sold by
Jardini Victoria and Jardini Andre E
Bought by
Snook Ricky Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,497
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 1998
Sold by
Jardini Alex P and Jardini Victoria M
Bought by
Jardini Alexander P and Jardini Victoria
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tweini Yousef M -- None Available
Tweini Yousef $280,000 Lawyers Title Company
M & S Brewer Properties Llc $235,000 First American Title Company
3925 Mountainview Ave Trust -- First American Title Company
3925 Mountainview Ave Trust -- None Available
Letty Cisneros Family Trust Of 2009 -- None Available
Sdrolmuls Llc $135,000 First American Title Company
Gmac Mortgage Llc $148,750 None Available
Hon Charlie $540,000 First American Title Company
Hon Charlie -- First American Title Company
Snook Ricky Lee $162,000 Lawyers Title Company
Jardini Alexander P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tweini Yousef $206,250
Previous Owner 3925 Mountainview Ave Trust $100,000
Previous Owner Hon Charlie $54,000
Previous Owner Hon Charlie $432,000
Previous Owner Snook Ricky Lee $30,000
Previous Owner Snook Ricky Lee $78,000
Previous Owner Snook Ricky Lee $234,500
Previous Owner Snook Ricky Lee $161,256
Previous Owner Snook Ricky Lee $25,000
Previous Owner Snook Ricky Lee $159,497
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2013 09/05/13 Sold $275,000 0.0% $90 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $275,000 -- $90 / 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 $4,357 $343,241 $34,324 $308,917
2024 $4,357 $336,511 $33,651 $302,860
2023 $4,249 $329,913 $32,991 $296,922
2022 $4,407 $323,444 $32,344 $291,100
2021 $4,266 $317,102 $31,710 $285,392
2020 $4,277 $313,851 $31,385 $282,466
2019 $4,150 $307,697 $30,770 $276,927
2018 $4,102 $301,664 $30,167 $271,497
2017 $3,976 $295,749 $29,575 $266,174
2016 $3,857 $289,950 $28,995 $260,955
2015 $3,778 $285,594 $28,559 $257,035
2014 $3,673 $245,604 $26,128 $219,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13141375

California Regional Multiple Listing Service (CRMLS)

APN: 0154-271-16