$291,000
SOLD SEP 19, 2012
2 Beds
2 Baths
1,299 Sq Ft
4.05 Acres

Recently Sold

$224 Per Sq Ft

16% Above List Price

14 Days on Market

Highlights

  • In Ground Pool
  • Elevator
  • Laundry Room
  • Abraham Lincoln High School Rated A
  • Subterranean Parking

About This Home

As of July 2015

Turn key repaired condo priced to sell! Open floor plan, light and bright unit ready for new occupants! Well maintained complex, our unit won't last long at this price! Bank of America, N.A. employees and employees' household members (including persons deriving their primary means of financial support from a Bank employee) and business partners of the Bank are prohibited from purchasing this property, whether directly or indirectlyNO FHA*AGENTS PLEASE READ PRIVATE REMARKS**

Last Agent to Sell the Property

Mathew Matti

Re/Max Tri-City License #00978753 Listed on: 08/08/2012

Re/Max Tri-City

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,709

Year Built

  • Built in 1981

Parking

  • Subterranean Parking

Home Design

  • 1,299 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 5302-012-084

Community Details

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 26 Units
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,709

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: DRAKE TERRACE
  • Entry Floor: 3
  • Living Area: 1299
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 1981
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 192.38

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterranean

Association/Amenities

  • Amenities: Elevator, Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 385.01

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5302-012-084

Multi Family

  • Number Of Units: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 8, 2015
Sold by
Whang Jung Hyun
Bought by
Chen Michael Tsou Nien
Seller's Agent
Cielo Quinio
C-21 Astro
Buyer's Agent
Mingmin Chen
The Realestate Group
List Price
$399,990
Sold Price
$400,000
Premium/Discount to List
$10
0.003%
Current Estimated Value
$718,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,256
Avg. Annual Appreciation
5.37%
Original Mortgage
$280,000
Outstanding Balance
$210,835
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$469,944

Purchase Details

Listed on
Aug 8, 2012
Closed on
Aug 28, 2012
Sold by
The Bank Of New York Mellon
Bought by
Whang Jung Hyun
Seller's Agent
Mathew Matti
Re/Max Tri-City
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$249,900
Sold Price
$291,000
Premium/Discount to List
$41,100
16.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.94%
Original Mortgage
$232,800
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2011
Sold by
Kim Mee Do
Bought by
The Bank Of New York Mellon and The Bank Of New York
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Grant Deed $400,000 Fidelity Natl Title Ins Co
Grant Deed $291,000 Lsi Title Company Inc
Trustee Deed $228,600 Landsafe Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $232,800 New Conventional
Previous Owner $55,000 Credit Line Revolving
Previous Owner $296,000 Negative Amortization
Previous Owner $173,339 Credit Line Revolving
Previous Owner $95,000 Credit Line Revolving
Previous Owner $90,000 Unknown
Previous Owner $106,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Rented $2,500 +4.2% --
07/25/2017 07/25/17 Under Contract -- -- --
07/18/2017 07/18/17 For Rent $2,400 0.0% --
07/17/2015 07/17/15 Sold $400,000 0.0% $308 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $399,990 +37.5% $308 / Sq Ft
09/19/2012 09/19/12 Sold $291,000 +16.4% $224 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $249,900 -- $192 / Sq Ft
Source: The MLS

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 $5,709 $473,513 $199,349 $274,164
2024 $5,709 $464,230 $195,441 $268,789
2023 $5,599 $455,128 $191,609 $263,519
2022 $5,337 $446,204 $187,852 $258,352
2021 $5,267 $437,456 $184,169 $253,287
2019 $5,108 $424,482 $178,707 $245,775
2018 $5,082 $416,159 $175,203 $240,956
2016 $4,849 $400,000 $168,400 $231,600
2015 $3,636 $298,159 $81,865 $216,294
2014 $3,653 $292,320 $80,262 $212,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-617809

The MLS

APN: 5302-012-084