NOT LISTED FOR SALE

Estimated Value: $1,187,000 - $1,603,216

4 Beds
2 Baths
2,532 Sq Ft
$564/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $715,000 $282 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $8,462/month

41 Days on Market

Highlights

  • Ocean View
  • Deck
  • Forced Air Heating System
  • Westmoor High School Rated A-
  • Building Patio
  • Carpet

About This Home

As of October 2014

Fantastic opportunity for investor or for owner to occupy with some income. Each unit is two story townhouse style. Upstairs is living room, kitchen, dining area, and 1/2 bath. Downstairs is 2 bedrooms and 1 full bath. Each unit has private back yard and private garage with washer/dryer hookups. Enormous shared front deck with partial ocean views.

Last Agent to Sell the Property

Stephen Marshall

Coldwell Banker Realty License #01487186 Listed on: 08/19/2014

Coldwell Banker Realty

Last Buyer's Agent

Jill Penna

Coldwell Banker Realty License #01895080

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 5,619

Parking

  • Private Parking

Property Views

  • Ocean
  • Valley
  • Neighborhood

Home Design

  • Duplex

Interior Spaces

  • 2,532 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Oven or Range
  • Laundry in Garage

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $43,200
  • The owner pays for garbage, water

Community Details

Overview

  • 2,532 Sq Ft Building

Amenities

  • Building Patio
  • Community Barbecue Grill

Building Details

  • Operating Expense $6,746
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 282.39
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2532
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2532
  • Stories: 2
  • Laundry: In Garage
  • Flooring: Carpet - Area, Carpet

Exterior Features

  • View: Local/Neighborhood, Ocean, Valley
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Common, Bbq Area

Association/Amenities

  • Amenities Miscellaneous: Storage Area(s)

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5664.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5664.00
  • Lot Size Area Min Search: 5664.00
  • Maximum Lot Size: 5664.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.34

Multi Family

  • Expenses Total: 6746
  • Income Annual Gross: 43200.00
  • Income Annual Rental: 43200
  • Income Gross Scheduled: 43200
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Maintenance - Repair
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2015
Sold by
Golubev Artyom
Bought by
Golubev Artyom and Golubev Alexander
Current Estimated Value
$1,429,304

Purchase Details

Listed on
Aug 19, 2014
Closed on
Oct 9, 2014
Sold by
Marshall Regina
Bought by
Golubev Artyom
Seller's Agent
Stephen Marshall
Coldwell Banker Realty
Buyer's Agent
Jill Penna
Coldwell Banker Realty
List Price
$749,000
Sold Price
$715,000
Premium/Discount to List
-$34,000
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$38,150
Outstanding Balance
$29,163
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,400,141

Purchase Details

Closed on
Dec 10, 2010
Sold by
Poloni Antonio A
Bought by
Marshall Regina

Purchase Details

Closed on
May 15, 2008
Sold by
Andrews Duane E and Andrews Rebecca A
Bought by
Marshall Regina and Poloni Antonio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,010
Interest Rate
5.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1998
Sold by
Eric Andrews Duane
Bought by
Andrews Duane E and Andrews Rebecca A

Purchase Details

Closed on
Jun 20, 1995
Sold by
Andrews Rebecca Ann
Bought by
Andrews Duane Eric

Purchase Details

Closed on
Apr 19, 1995
Sold by
Security Pacific National Bank
Bought by
Andrews Duane Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
7.92%

Purchase Details

Closed on
Dec 6, 1994
Sold by
Security Pacific National Bank and Kass Daniel
Bought by
Security Pacific National Bank
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
Golubev Artyom -- None Available
Golubev Artyom $715,000 Old Republic Title Company
Marshall Regina -- None Available
Marshall Regina $641,500 North American Title Co
Andrews Duane E -- --
Andrews Duane Eric -- First American Title Co
Andrews Duane Eric $148,500 First American Title Guarant
Security Pacific National Bank $196,064 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golubev Artyom $38,150
Open Golubev Artyom $533,850
Previous Owner Marshall Regina $586,010
Previous Owner Andrews Duane Eric $118,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2014 10/21/14 Sold $715,000 -4.5% $282 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $749,000 -- $296 / 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
2025 $11,692 $859,314 $429,657 $429,657
2023 $11,692 $825,948 $412,974 $412,974
2022 $10,665 $809,754 $404,877 $404,877
2021 $10,078 $793,878 $396,939 $396,939
2020 $10,246 $785,738 $392,869 $392,869
2019 $10,224 $770,332 $385,166 $385,166
2018 $9,968 $755,228 $377,614 $377,614
2017 $9,442 $740,420 $370,210 $370,210
2016 $9,267 $725,902 $362,951 $362,951
2015 $8,675 $715,000 $357,500 $357,500
2014 $7,927 $594,508 $297,254 $297,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81430215

MLSListings

APN: 009-383-220