Erica Perez
Coldwell Banker Realty
(831) 220-3677
53 Total Sales
2 in King City
$488K - $550K Price Range
424 N 2nd St King City, CA 93930
King City Area
6
Beds
4
Baths
4,500
Sq Ft
0.32
Acre Lot
Highlights
- 0.32 Acre Lot
- Carpet
- 1-Story Property
About This Home
As of July 2017South Monterey County King City, 9 Unit Complex within King City, city limits. Very good cash flow, long standing month to month tenants. Older units, 2, 2 Bedroom, 1 Bath and 7, 1 Bedroom, 1 Bath. Close to schools, churches, downtown shopping.
Last Agent to Sell the Property
Lynnie Oliveira
Buttgereit Pettitt & Davis Agency License #00645576 Listed on: 10/24/2016
Last Buyer's Agent
Lorri Grah
North San Diego County Association of REALTORS(r) License #02165611
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Property Details
Home Type
- Multi-Family
Year Built
- 1940
Lot Details
- 13,896 Sq Ft Lot
Home Design
- Slab Foundation
- Wood Frame Construction
- Tar and Gravel Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,500 Sq Ft Home
- 1-Story Property
- Oven or Range
Flooring
- Carpet
- Vinyl
Parking
- 9 Parking Spaces
- No Garage
Utilities
- Wall Furnace
- Separate Meters
Listing and Financial Details
- Total Actual Rent $75,000
Community Details
Overview
- 4,500 Sq Ft Building
Building Details
- 9 Leased Units
- Insurance Expense $3,000
- Manager Expense $7,500
- Utility Expense $8,400
- Trash Expense $4,200
- Operating Expense $27,018
- Gross Income $75,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2016
Closed on
Jun 26, 2017
Sold by
Wright Daniel R and Wright Cheryl A
Bought by
Seller's Agent
Lynnie Oliveira
Buttgereit Pettitt & Davis Agency
Buyer's Agent
Lynnie Oliveira
Buttgereit Pettitt & Davis Agency
List Price
$625,000
Sold Price
$415,000
Premium/Discount to List
-$210,000
-33.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$93,333
Interest Rate
3.94%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 13, 1998
Sold by
Burnes Judy L
Bought by
Wright Daniel R and Wright Cheryl A
Home Values in the Area
Average Home Value in this Area
Agents Specializing in King City, CA
-
Erica Perez
-
Clara Rivera Luna
Clara Rivera Luna
Ikonik Realty
(831) 230-7042
25 Total Sales
1 in King City
$487,000 Price
-
Christian Haun
Christian Haun
Responds QuicklyeXp Realty of California Inc
(831) 264-0671
56 Total Sales
1 in King City
$530,000 Price
-
Jorge Edeza
Jorge Edeza
Remax Property Experts
(831) 273-8618
106 Total Sales
2 in King City
$440K - $553K Price Range
-
Lawrence Hernandez
Lawrence Hernandez
Cypress Coast Investments
(831) 273-9672
44 Total Sales
1 in King City
$460,000 Price
-
Regina Shaw
Regina Shaw
Intero Real Estate Services
(831) 273-3582
98 Total Sales
1 in King City
$495,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $415,000 | Old Republic Title Company | ||
| Wright Daniel R | $250,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $115,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2017 07/18/17 | Sold | $415,000 | -24.5% | $92 / Sq Ft |
| 05/23/2017 05/23/17 | Pending | -- | -- | -- |
| 05/08/2017 05/08/17 | Price Changed | $550,000 | -12.0% | $122 / Sq Ft |
| 05/05/2017 05/05/17 | For Sale | $625,000 | 0.0% | $139 / Sq Ft |
| 04/06/2017 04/06/17 | Pending | -- | -- | -- |
| 12/29/2016 12/29/16 | For Sale | $625,000 | +50.6% | $139 / Sq Ft |
| 12/29/2016 12/29/16 | Off Market | $415,000 | -- | -- |
| 12/01/2016 12/01/16 | Pending | -- | -- | -- |
| 11/10/2016 11/10/16 | For Sale | $625,000 | 0.0% | $139 / Sq Ft |
| 10/28/2016 10/28/16 | Pending | -- | -- | -- |
| 10/24/2016 10/24/16 | For Sale | $625,000 | -- | $139 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,354 | $484,137 | $232,114 | $252,023 |
| 2025 | $5,534 | $474,694 | $227,563 | $247,131 |
| 2024 | $5,534 | $462,936 | $223,101 | $239,835 |
| 2023 | $5,611 | $453,860 | $218,727 | $235,133 |
| 2022 | $5,293 | $444,962 | $214,439 | $230,523 |
| 2021 | $5,057 | $436,238 | $210,235 | $226,003 |
| 2020 | $5,117 | $434,266 | $208,080 | $226,186 |
| 2019 | $4,996 | $425,800 | $204,000 | $221,800 |
| 2018 | $4,916 | $417,500 | $200,000 | $217,500 |
| 2017 | $4,117 | $346,434 | $137,572 | $208,862 |
| 2016 | $3,979 | $339,691 | $134,875 | $204,816 |
| 2015 | $3,918 | $334,628 | $132,850 | $201,778 |
| 2014 | $3,881 | $328,123 | $130,248 | $197,875 |
Source: Public Records
Agents Affiliated with this Home
-
LO
Seller's Agent in 2017
Lynnie Oliveira
Buttgereit Pettitt & Davis Agency
-
John Buttgereit
JB
Seller Co-Listing Agent in 2017
John Buttgereit
Buttgereit Pettitt & Davis Agency
(831) 595-7601
4 Total Sales
-
LG
Buyer's Agent in 2017
Lorri Grah
North San Diego County Association of REALTORS(r)
Map
Source: MLSListings
MLS Number: ML81629588
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