NOT LISTED FOR SALE

Estimated Value: $562,432 - $716,000

4 Beds
2 Baths
1,828 Sq Ft
$356/Sq Ft Est. Value

Last Sold August 01, 2013

Last sale price $295,000 $161 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,772/month

42 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Laundry Room
  • Contemporary Architecture
  • Cooling System Mounted To A Wall/Window
  • Sliding Doors

About This Home

As of August 2013

2 bed 1 bath unit Front and Rear.....freshly painted, fully rented/ready to enjoy worry free income two car garage.........set in a quiet tree lined cul-de-sac street This is in a very nice area....most units in area are owner occupied

Last Agent to Sell the Property

Jim Dawson

Allison James Estates & Homes License #01895841 Listed on: 04/23/2013

Allison James Estates & Homes

Last Buyer's Agent

Jim Dawson

Allison James Estates & Homes License #01895841 Listed on: 04/23/2013

Allison James Estates & Homes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation

Interior Spaces

  • 1,828 Sq Ft Home
  • Sliding Doors
  • Carpet
  • Neighborhood Views
  • Six Burner Stove
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 191282006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $650
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Inclusions: stack washer and dryer in both units
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 191282006
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 161.38
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 914
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 650.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 19200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 300.00
  • Rent Control: No

Tax Info

  • Tax Lot: 00
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2015
Sold by
Covarrubias Jose
Bought by
Covarrubias Ruben
Current Estimated Value
$651,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,200
Outstanding Balance
$172,960
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$478,148

Purchase Details

Closed on
Apr 22, 2014
Sold by
Covarrubias Jose
Bought by
Covarrubias Jose and Covarrubias Ruben

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jul 1, 2013
Sold by
Gonzalez Concepcion
Bought by
Covarrubias Jose
Seller's Agent
Jim Dawson
Allison James Estates & Homes
Buyer's Agent
Jim Dawson
Allison James Estates & Homes
List Price
$309,000
Sold Price
$295,000
Premium/Discount to List
-$14,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$221,250
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jun 17, 2013
Sold by
Mccollum Joan M
Bought by
Covarrubias Jose
Seller's Agent
Jim Dawson
Allison James Estates & Homes
Buyer's Agent
Jim Dawson
Allison James Estates & Homes
List Price
$309,000
Sold Price
$295,000
Premium/Discount to List
-$14,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2003
Sold by
Robinson Nancy L
Bought by
Mccollum David R and Mccollum Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.98%
Mortgage Type
Commercial
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
Covarrubias Ruben -- Fidelity National Title Co
Covarrubias Jose -- Accommodation
Covarrubias Jose -- None Available
Covarrubias Jose $295,000 None Available
Mccollum David R $240,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covarrubias Ruben $221,200
Closed Covarrubias Jose $221,250
Previous Owner Mccollum David R $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2013 08/01/13 Sold $295,000 -4.5% $161 / Sq Ft
06/04/2013 06/04/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $309,000 -- $169 / 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 $4,447 $408,402 $71,024 $337,378
2023 $4,447 $392,545 $68,267 $324,278
2022 $4,346 $384,849 $66,929 $317,920
2021 $4,291 $377,304 $65,617 $311,687
2020 $4,259 $373,437 $64,945 $308,492
2019 $4,179 $366,116 $63,672 $302,444
2018 $4,098 $358,938 $62,424 $296,514
2017 $4,026 $351,900 $61,200 $290,700
2016 $3,345 $305,479 $62,130 $243,349
2015 $3,298 $300,893 $61,198 $239,695
2014 $3,268 $295,000 $60,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13073521

California Regional Multiple Listing Service (CRMLS)

APN: 191-282-006