NOT LISTED FOR SALE

Estimated Value: $731,000 - $961,000

7 Beds
4 Baths
3,000 Sq Ft
$276/Sq Ft Est. Value

Last Sold February 02, 2012

Last sale price $279,000 $93 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $4,869/month

29 Days on Market

Highlights

  • 1.09 Acre Lot
  • No HOA
  • No Heating

About This Home

As of February 2012

STANDARD SALE! Great investment opportunity. These 3 units on 1 lot are definately a MUST SEE!

Last Agent to Sell the Property

Manuel Guerrero

Realty One Group Homelink License #01292377 Listed on: 11/06/2011

Realty One Group Homelink

Last Buyer's Agent

Georgina Bautista

G.B. Hacienda Real Estate License #01156391

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,766

Year Built

  • Built in 1951

Lot Details

  • 1.09

Parking

  • 2 Car Garage

Home Design

  • 3,000 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • 1.09 Acre Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care, trash collection
  • Tax Lot 81
  • Assessor Parcel Number 169050019

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • Water Sewer Expense $1,350
  • New Taxes Expense $3,009
  • Gross Income $3,050
  • Net Operating Income $2,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,766

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 1350.00
  • Property Type: Residential Income
  • Parcel Number: 169050019
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 93.00

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 47480.00
  • Lot Size Acres: 1.0900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Trash Collection

Multi Family

  • Gross Income: 3050.00
  • Gross Scheduled Income: 3050.00
  • Insurance Expense: 500.00
  • Lot Size Area: 47480.0000 Square Feet
  • Net Operating Income: 2250.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 800.00
  • Rent Control: No
  • Total Actual Rent: 3050.00

Tax Info

  • New Taxes Expense: 3009.00
  • Tax Lot: 81
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2011
Closed on
Dec 6, 2011
Sold by
Chavez Denise M
Bought by
Esqueda James and Perez Maria De Jesus
Seller's Agent
Manuel Guerrero
Realty One Group Homelink
Buyer's Agent
Georgina Bautista
G.B. Hacienda Real Estate
List Price
$280,000
Sold Price
$279,000
Premium/Discount to List
-$1,000
-0.36%
Total Days on Market
29
Current Estimated Value
$827,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,000
Avg. Annual Appreciation
8.32%
Original Mortgage
$209,250
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2011
Sold by
Amezcua Manuel
Bought by
Chavez Denice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2007
Sold by
Guerrero Guillermina
Bought by
Amezcua Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2007
Sold by
Alexander David and Dunn David
Bought by
Dunn David

Purchase Details

Closed on
Mar 13, 2006
Sold by
Guerrero Manuel
Bought by
Guerrero Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2006
Sold by
Barr Donald D and Barr Iola M
Bought by
Guerrero Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Esqueda James $139,500 Lawyers Title
Chavez Denice M $185,000 Fidelity
Amezcua Manuel $600,000 First American Title Company
Dunn David -- None Available
Guerrero Guillermina -- First American Title Company
Guerrero Guillermina $600,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esqueda James $209,250
Previous Owner Chavez Denice M $10,000
Previous Owner Chavez Denice M $148,000
Previous Owner Amezcua Manuel $450,000
Previous Owner Guerrero Guillermina $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2012 02/02/12 Sold $279,000 -0.4% $93 / Sq Ft
12/05/2011 12/05/11 Pending -- -- --
11/06/2011 11/06/11 For Sale $280,000 -- $93 / 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
2023 $5,766 $513,278 $96,575 $416,703
2022 $3,758 $330,215 $94,682 $235,533
2021 $3,730 $323,741 $92,826 $230,915
2020 $3,676 $320,423 $91,875 $228,548
2019 $3,590 $314,141 $90,074 $224,067
2018 $3,485 $307,982 $88,309 $219,673
2017 $3,446 $301,944 $86,578 $215,366
2016 $3,402 $296,025 $84,881 $211,144
2015 $3,359 $291,580 $83,607 $207,973
2014 $3,129 $285,870 $81,970 $203,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K11163079

California Regional Multiple Listing Service (CRMLS)

APN: 169-050-019