NOT LISTED FOR SALE

Estimated Value: $867,114 - $933,000

6 Beds
3 Baths
2,260 Sq Ft
$402/Sq Ft Est. Value

Last Sold September 19, 2018

Last sale price $570,000 $252 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,565/month

54 Days on Market

About This Home

As of September 2018

2 UNITS. Built in 2008 !! NO RENT CONTROL. 3 Bedroom/1 Bath unit + 3 Bedroom/ 2 Bath unit and one level. 2 Car garage
Super Sharp modern style building on well kept street with mostly single family homes or smaller units. New construction nearby.
Don't miss out. Fenced property. Owner will consider offers with most financing types including FHA and VA.

Last Agent to Sell the Property

Ken Conant

Estate Properties License #00851703 Listed on: 06/06/2018

Last Buyer's Agent

GERARDO ASCENCIO

REH REAL ESTATE License #01009072

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,194

Year Built

  • Built in 2008

Lot Details

  • 5,202 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,260 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Tax Tract Number 6401
  • Assessor Parcel Number 6063013013

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,000
  • Operating Expense $10,400
  • Gross Income $38,352
  • Net Operating Income $27,952

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,194

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6063013013
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 252.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5202.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 38352.00
  • Gross Scheduled Income: 38352.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 27952.00
  • 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: 10400.00
  • Rent Control: No
  • Total Actual Rent: 3196.00
  • Total Expenses: 10400.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Census Tract: 2406.00
  • Tax Lot: 13
  • Tax Tract Number: 6401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2020
Sold by
Pacheco Ruben and Pacheco Maria
Bought by
Pacheco Ruben and Pacheco Maria
Current Estimated Value
$891,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,010
Outstanding Balance
$493,321
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$415,208

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 24, 2018
Sold by
Swami Growth Llc
Bought by
Pacheco Ruben and Pacheco Maria
Seller's Agent
Ken Conant
Estate Properties
Buyer's Agent
GERARDO ASCENCIO
REH REAL ESTATE
List Price
$560,000
Sold Price
$570,000
Premium/Discount to List
$10,000
1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$559,675
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 27, 2014
Closed on
Nov 19, 2014
Sold by
Cyprus Kip C
Bought by
Swami Growth Llc
Seller's Agent
Sandra Alvarez
American Team Properties
Buyer's Agent
Mark Mittal
MONTEZUMA EQUITIES
List Price
$429,000
Sold Price
$399,000
Premium/Discount to List
-$30,000
-6.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Aug 4, 2008
Sold by
Seacliff Properties Inc
Bought by
Cyprus Kip C

Purchase Details

Closed on
Feb 20, 2008
Sold by
Harris Jack and Harris Pearlie Mae
Bought by
Sea Cliff Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.65%
Mortgage Type
Stand Alone First
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
Pacheco Ruben -- None Available
Pacheco Ruben -- Ticor Title Company Of Ca
Pacheco Ruben $570,000 Progressive Title Company
Swami Growth Llc $399,000 Lawyers Title
Cyprus Kip C -- None Available
Sea Cliff Properties Inc $235,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Ruben $556,010
Closed Pacheco Ruben $559,675
Previous Owner Swami Growth Llc $3,500,000
Previous Owner Cyprus Kip C $341,250
Previous Owner Sea Cliff Properties Inc $200,000
Previous Owner Harris Jack $44,700
Previous Owner Harris Jack $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2018 09/19/18 Sold $570,000 +1.8% $252 / Sq Ft
06/06/2018 06/06/18 For Sale $560,000 +40.4% $248 / Sq Ft
12/11/2014 12/11/14 Sold $399,000 -7.0% $177 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $429,000 -- $190 / 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 $8,194 $645,848 $368,885 $276,963
2024 $8,194 $633,185 $361,652 $271,533
2023 $8,040 $620,770 $354,561 $266,209
2022 $7,678 $608,599 $347,609 $260,990
2021 $7,576 $596,667 $340,794 $255,873
2019 $7,165 $570,000 $320,000 $250,000
2018 $5,518 $421,447 $200,689 $220,758
2016 $5,256 $405,084 $192,897 $212,187
2015 $5,178 $399,000 $190,000 $209,000
2014 $4,656 $346,659 $136,562 $210,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18133006

California Regional Multiple Listing Service (CRMLS)

APN: 6063-013-013