NOT LISTED FOR SALE

Estimated Value: $1,025,406 - $1,140,000

8 Beds
10 Baths
2,800 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $646,000 $231 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,541/month

25 Days on Market

About This Home

As of May 2015

4 units Downtown location, all 2 bedroom 1 bath units 2 up and 2 down- storage units in back of building and parking in rear- no carports nor garages-Per City Historic level 3 and legal non conforming use. Units are below average condition interior.

Last Agent to Sell the Property

Randy Gularte

Golden Gate Sotheby's License #00458347 Listed on: 03/27/2015

Golden Gate Sotheby's

Last Buyer's Agent

The Real Team

Inactive Office License #01863242

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,719 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 8 Bedrooms
  • 2,800 Sq Ft Home
  • Carpet

Utilities

  • Wall Furnace
  • Individual Gas Meter

Community Details

  • 4 Units
  • Gross Income $51,000

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 005-051-014-000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions To Property: east on Palmer South on Even property on East side of street
  • Lot Size Acres: 0.1313
  • CapRate: 4.90
  • Year Built Details: Unknown
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Other
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: OVFR
  • Accessibility Features: None, Other
  • Flooring: Carpet, LVYN
  • Price Per Square Foot: 230.71
  • Square Footage: 2800
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: NONE
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 005-051-014-000
  • Lot Size Sq Ft: 5719

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 8, 2015
Sold by
Revocabl Melzark Donald R and Revocabl Donald R Melzark 1985
Bought by
Fourmeaux Marketta and Fourmeaux Marketta Du Sartel R
Seller's Agent
Randy Gularte
Golden Gate Sotheby's
Buyer's Agent
The Real Team
Inactive Office
List Price
$646,000
Sold Price
$646,000
Current Estimated Value
$1,077,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,102
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Sep 1, 2010
Sold by
Garton Beverly J
Bought by
Garton Max J and Garton Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Melzark Donald R
Bought by
Revocabl Melzark Donald R and Revocabl Donald R Melzark 1985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2008
Sold by
Melzark Jolene E
Bought by
Melzark Jolene E and Jolene E Melzark Trust

Purchase Details

Closed on
Apr 8, 2002
Sold by
Melzark Donald R
Bought by
Melzark Donald R and The Donald R Melzark 1985 Revo

Purchase Details

Closed on
Mar 16, 2001
Sold by
Goodman Harriett A and Goodman Revocable T Harriett A
Bought by
Melzark Donald R and Melzark Jolene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.19%

Purchase Details

Closed on
Feb 26, 2001
Sold by
Goodman Harriett A and The Goodman Family Revocable T
Bought by
Goodman Harriett A and Goodman Revocable T Harriett A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fourmeaux Marketta $646,000 Fidelity National Title Co
Garton Max J -- None Available
Revocabl Melzark Donald R -- None Available
Melzark Donald R -- Fidelity National Title Co
Melzark Jolene E -- None Available
Melzark Donald R -- --
Melzark Donald R $429,000 First American Title Co
Goodman Harriett A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melzark Donald R $259,000
Previous Owner Melzark Donald R $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $646,000 0.0% $231 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $646,000 -- $231 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $10,777 $776,383 $300,457 $475,926
2024 $10,777 $761,161 $294,566 $466,595
2023 $10,777 $746,238 $288,791 $457,447
2022 $10,262 $731,607 $283,129 $448,478
2021 $10,017 $717,263 $277,578 $439,685
2020 $9,833 $709,909 $274,732 $435,177
2019 $9,614 $695,991 $269,346 $426,645
2018 $9,457 $682,345 $264,065 $418,280
2017 $9,240 $668,967 $258,888 $410,079
2016 $8,984 $655,851 $253,812 $402,039
2015 $6,336 $462,000 $165,000 $297,000
2014 $6,333 $462,000 $165,000 $297,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21506825

Bay Area Real Estate Information Services (BAREIS)

APN: 005-051-014