NOT LISTED FOR SALE

Estimated Value: $1,787,000 - $2,340,977

6 Beds
4 Baths
4,353 Sq Ft
$448/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $1,650,000 $379 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,614/month

56 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Spanish Architecture
  • Ceiling Fan
  • Two Primary Bathrooms
  • Fireplace
  • Family Room on Second Floor

About This Home

As of February 2024

This stand-alone beauty awaits its new owner after 54 years of loving care. The building has two upper and lower level units. Each unit has three bedrooms and two baths. Spanish Architecture of days gone by is complimented by the same stable surroundings throughout this gracious neighborhood. Two adjoining garages, housing two cars each, sit on a 7,155 square lot. Not to be overlooked, is the freedom to convert all or a portion of your existing garage into an ADU (Accessory Dwelling Unit). Property delivered as-is. Lower unit delivered vacant -upper with tenant.

Last Agent to Sell the Property

Terri McCortney

Coldwell Banker Realty License #01161421 Listed on: 11/21/2023

Coldwell Banker Realty

Last Buyer's Agent

Naomi Hartman

Coldwell Banker Realty License #00769979

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1927

Lot Details

  • 7,428

Home Design

  • Duplex
  • Spanish Architecture
  • Split Level Home
  • Tar and Gravel Roof
  • Adobe

Interior Spaces

  • 4,353 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Family Room on Second Floor
  • Oven

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • Two Primary Bathrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Covered Parking
  • Driveway

Additional Features

  • 7,428 Sq Ft Lot
  • Gravity Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5524-029-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,626

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 4353
  • Lot Acreage: 0.1705
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven
  • Bedrooms: 6
  • Bedroom Features: All Bedrooms Down
  • Bathroom Features: 2 Master Baths
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan, Dryer, Washer
  • Price Per S Q F T: 505.40

Exterior Features

  • Construction: Adobe
  • Other Structures: None
  • Pool: No
  • Roof: Tar and Gravel
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car, Covered Parking, Driveway
  • Total Parking: 4

Utilities

  • Heating: Gravity, Fireplace
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 54.96
  • Assessed Improvement Value: 94001
  • Assessed Land Percent: 45.04
  • Assessed Land Value: 77034
  • Total Assessed Value: 171035
  • Assessor Parcel Number: 5524-029-008
  • Lot Size Area: 7428

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Feb 23, 2024
Sold by
Reed Family Trust
Bought by
Silber Family Trust and Silber
Seller's Agent
Terri McCortney
Coldwell Banker Realty
Buyer's Agent
Naomi Hartman
Coldwell Banker Realty
List Price
$2,200,000
Sold Price
$1,650,000
Premium/Discount to List
-$550,000
-25%
Views
40
Current Estimated Value
$1,950,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,994
Avg. Annual Appreciation
11.11%
Original Mortgage
$1,237,500
Outstanding Balance
$1,217,635
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$723,054

Purchase Details

Closed on
Oct 29, 2003
Sold by
Reed James C and Reed Juanita M
Bought by
Reed James C
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
Silber Family Trust $1,650,000 Equity Title Company
Reed James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silber Family Trust $1,237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $1,650,000 -25.0% $379 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
11/21/2023 11/21/23 For Sale $2,200,000 -- $505 / 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 $2,626 $1,683,000 $1,173,000 $510,000
2024 $2,626 $174,455 $78,574 $95,881
2023 $2,588 $171,035 $77,034 $94,001
2022 $2,489 $167,682 $75,524 $92,158
2021 $2,430 $164,395 $74,044 $90,351
2019 $2,367 $160,141 $71,849 $88,292
2018 $2,233 $157,014 $70,441 $86,573
2016 $2,089 $150,322 $67,706 $82,616
2015 $2,062 $148,065 $66,689 $81,376
2014 $2,084 $145,165 $65,383 $79,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-343359

The MLS

APN: 5524-029-008