NOT LISTED FOR SALE

401 7th St Gonzales, CA 93926

Estimated Value: $661,000 - $799,000

-- Bed
1 Bath
2,244 Sq Ft
$321/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $355,500 $158 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,199/month

11 Days on Market

Highlights

  • 0.43 Acre Lot
  • 1-Story Property
  • 5-minute walk to Central Park
  • 1 Car Detached Garage

About This Home

As of July 2016

This duplex offers one 3BD/1BA main house unit, one attached sizable 1BD/1BA rental unit and a garage. The property is adjacent to a church and is centrally located. Ideal rental property or live in the house and rent out the second unit.

Last Agent to Sell the Property

Kevin Wolf

Baird Partnership, Inc. License #01275946 Listed on: 12/10/2015

Last Buyer's Agent

Kevin Wolf

Baird Partnership, Inc. License #01275946 Listed on: 12/10/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,508

Year Built

  • 1955

Lot Details

  • 0.43 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,244 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Total Actual Rent $30,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $392
  • Maintenance Expense $2,285
  • Manager Expense $2,310
  • Other Expense $1,080
  • Utility Expense $2,197
  • Trash Expense $5,246
  • Operating Expense $16,960
  • Gross Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,508

Year Built

1955

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-1
  • Subclass: Duplex
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2244
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Living Sq Ft: 2244
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Gonzales Unified

Lot Info

  • Lot Acres: 0.4290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18700.31
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 18700.31

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.27
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 392
  • Expense Maintenance: 2285
  • Expense Management: 2310
  • Expenses Other: 1080
  • Expenses Total: 16960
  • Expenses Utility: 2197
  • Expense Trash: 5246
  • Income Annual Gross: 30600.00
  • Income Annual Rental: 30600
  • Income Gross Scheduled: 30600
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Maintenance - Repair, Miscellaneous/Other, Utilities
  • Tenant Expenses: Rent Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2016
Sold by
The Episcopal Church Of The Diocese Of E
Bought by
Trujillo Mariano
Total Days on Market
11
Current Estimated Value
$720,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,625
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Trujillo Mariano $355,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trujillo Mariano $372,000
Previous Owner Trujillo Mariano $266,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $355,500 +3.0% $158 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
12/10/2015 12/10/15 For Sale $345,000 -- $154 / 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
2024 $4,508 $404,493 $170,672 $233,821
2023 $4,600 $396,563 $167,326 $229,237
2022 $4,750 $388,789 $164,046 $224,743
2021 $4,757 $381,167 $160,830 $220,337
2020 $4,172 $377,259 $159,181 $218,078
2019 $4,057 $369,862 $156,060 $213,802
2018 $3,985 $362,610 $153,000 $209,610
2017 $3,907 $355,500 $150,000 $205,500
2016 $1,808 $166,249 $43,748 $122,501
2015 -- $163,752 $43,091 $120,661
2014 -- $160,545 $42,247 $118,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81534776

MLSListings

APN: 020-151-036-000