$970,000
SOLD JUN 5, 2015
6 Beds
5 Baths
2,678 Sq Ft
7,750 Sq Ft Lot

Recently Sold

$362 Per Sq Ft

3% Below List Price

21 Days on Market

Highlights

  • 4 Car Garage
  • John Marshall Senior High Rated A
  • 1-Story Property

About This Home

As of June 2019

It's not often you will find a triplex these days that will a) cash flow, b) is in great shape, and c) is in a really good location all in the same property. Yet, that is what we have here in this great triplex! One unit is detached. All three units are getting market rent, they are wonderfully rehabbed, all have their own outdoor space and each have their own parking. Plus, the property is walking distance to all the shops and restaurants that have sprung up in Virgil Village. Cash flow, upside, it's everything you need and want in a small multi-family residential property.

Last Agent to Sell the Property

Ken Shapiro

Silverwood Properties License #01715663 Listed on: 03/30/2015

Last Buyer's Agent

Yamel Ramirez

License #01332052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,092

Year Built

  • Built in 1924

Lot Details

  • 7,750 Sq Ft Lot

Interior Spaces

  • 2,678 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Car Garage
  • Uncovered Parking

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5539-011-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,092

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2678
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 371.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage, Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 207336
  • Assessed Land Value: 582633
  • Assessor Parcel Number: 5539-011-022
  • Geocode Override: No
  • Lot Size Area: 7750

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.70
  • Number Of Units: 3
  • Total Annual Expense: 22860
  • Type Of Units: Attached
  • Vacancy Rate: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 21, 2019
Sold by
Gabbay Brian and Gabbay Tyler
Bought by
Normal Properties Llc
Seller's Agent
Casimira Kneebone
Truth Realty
Buyer's Agent
Ivan Chacon
Truth Realty
List Price
$1,295,000
Sold Price
$1,262,000
Premium/Discount to List
-$33,000
-2.55%
Current Estimated Value
$1,568,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,079
Avg. Annual Appreciation
3.49%
Original Mortgage
$820,300
Outstanding Balance
$706,269
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$861,810

Purchase Details

Listed on
May 15, 2019
Closed on
May 28, 2019
Sold by
Kneebone David John and Kneebone Casimira Greer
Bought by
Gabbay Alex and Gabbay Brian
Seller's Agent
Casimira Kneebone
Truth Realty
Buyer's Agent
Ivan Chacon
Truth Realty
List Price
$1,295,000
Sold Price
$1,262,000
Premium/Discount to List
-$33,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,300
Outstanding Balance
$706,269
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$861,810

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jun 2, 2015
Sold by
Kneebone David J and Kneebone Casimira
Bought by
Kneebone Family Trust
Seller's Agent
Ken Shapiro
Silverwood Properties
Buyer's Agent
Yamel Ramirez
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$645,300
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2015
Closed on
Apr 23, 2015
Sold by
Aa Re Llc
Bought by
Kneebone David J and Kneebone Casimira
Seller's Agent
Ken Shapiro
Silverwood Properties
Buyer's Agent
Yamel Ramirez
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2013
Sold by
1 Valley View Group Llc
Bought by
Aa Re Llc

Purchase Details

Listed on
Apr 3, 2012
Closed on
Apr 1, 2013
Sold by
Boylston Equity Partners Llc
Bought by
1 Valley View Group Llc
Seller's Agent
LUCY HOLLINGSWORTH
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Ramon Parayno
RE/MAX MASTERS REALTY
List Price
$472,000
Sold Price
$395,000
Premium/Discount to List
-$77,000
-16.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%

Purchase Details

Listed on
Apr 3, 2012
Closed on
Mar 15, 2013
Sold by
Reyes Salvador C and Reyes Rachiel F
Bought by
Boylston Equity Partners Llc
Seller's Agent
LUCY HOLLINGSWORTH
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Ramon Parayno
RE/MAX MASTERS REALTY
List Price
$472,000
Sold Price
$395,000
Premium/Discount to List
-$77,000
-16.31%
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 Type Sale Price Title Company
Grant Deed -- Provident Title Company
Grant Deed $1,262,000 Provident Title
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $970,000 Old Republic Title Company
Grant Deed $775,000 Provident Title Company
Grant Deed -- Provident Title Company
Grant Deed $395,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $820,300 Adjustable Rate Mortgage/ARM
Previous Owner $645,300 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2024 09/26/24 Rented $3,850 0.0% --
09/09/2024 09/09/24 Price Changed $3,850 -3.8% $4 / Sq Ft
07/30/2024 07/30/24 For Rent $4,000 0.0% --
06/17/2019 06/17/19 Sold $1,262,000 -2.5% $471 / Sq Ft View Prior Sale
05/19/2019 05/19/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $1,295,000 +33.5% $484 / Sq Ft
06/05/2015 06/05/15 Sold $970,000 -2.5% $362 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $995,000 +151.9% $372 / Sq Ft
04/05/2013 04/05/13 Sold $395,000 -16.3% $147 / Sq Ft View Prior Sale
10/08/2012 10/08/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $472,000 -- $176 / 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 $17,092 $1,407,779 $961,574 $446,205
2024 $17,092 $1,380,176 $942,720 $437,456
2023 $16,763 $1,353,115 $924,236 $428,879
2022 $15,988 $1,326,584 $906,114 $420,470
2021 $15,791 $1,300,574 $888,348 $412,226
2020 $15,951 $1,287,240 $879,240 $408,000
2019 $12,774 $1,045,066 $775,720 $269,346
2018 $12,622 $1,024,575 $760,510 $264,065
2016 $12,061 $984,792 $730,980 $253,812
2015 $9,928 $805,752 $594,274 $211,478
2014 $9,975 $789,969 $582,633 $207,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-891617

The MLS

APN: 5539-011-022