NOT LISTED FOR SALE

401 7th St Gonzales, CA 93926

Gonzales Area

Estimated Value: $647,000 - $752,000

Studio
1 Bath
2,244 Sq Ft
$318/Sq Ft Est. Value

Sale Details

Date Sold: July 21, 2016

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

Est. 101% increase in value since last sale

Current estimated payment $4,267 / mo

11 Days on Market

Highlights

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

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

Year Built

  • 1955

Lot Details

  • 0.43

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

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

Additional Features

  • 18,687 Sq Ft Lot
  • Heating Available

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

Year Built

1955

Lot Details

0.43 Acres

Parking

1

Listing Details

  • Zoning: R-1
  • Subclass: Duplex
  • 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2016
Sold by
Bought by
Current Estimated Value
$714,071

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
0.04%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$355,500 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,508 $412,582 $174,085 $238,497
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

  • K

    Seller's Agent in 2016

    Kevin Wolf

    Baird Partnership, Inc.

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Map

Source: MLSListings

MLS Number: ML81534776

MLSListings

APN: 020-151-036-000

California Monterey County Gonzales 93926

401 7th St, Gonzales, CA

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