NOT LISTED FOR SALE

Estimated Value: $431,000

5 Beds
1 Bath
1,567 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $170,000 $108 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,409/month

169 Days on Market

About This Home

As of November 2016

2 separate houses, both have their own private yard and entrance, Gated in the front. 2nd rear home has alley access for parking and gated! Plus Large extra room for storage. Many upgrades, newer windows, floors, doors, paint GREAT CASH FLOW..

Last Agent to Sell the Property

Maribel Moreno

Elite Realty Services License #01278704 Listed on: 06/13/2016

Last Buyer's Agent

Jose Preciado

Bay East AOR License #01864150

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 7,013 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,567 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Varies By Unit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $13,920

Community Details

Overview

  • 1,567 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,000
  • Operating Expense $1,900
  • Gross Income $12,528

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Zoning: r2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1567
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Living Sq Ft: 1567
  • Stories: 1

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Drive Through, Varies By Unit
  • Carport Min: 2

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer In Street

Lot Info

  • Lot Acres: 0.1610
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.93
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1000
  • Expenses Total: 1900
  • Income Annual Gross: 12528.00
  • Income Annual Rental: 13920
  • Income Gross Scheduled: 13920
  • Meters: Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: All Expenses
  • Vacancy Factor: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Nov 15, 2016
Sold by
Barraza Marcela
Bought by
Barraza Armando
Seller's Agent
Maribel Moreno
Elite Realty Services
Buyer's Agent
Jose Preciado
Bay East AOR
List Price
$179,999
Sold Price
$170,000
Premium/Discount to List
-$9,999
-5.56%
Current Estimated Value
$431,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,000
Avg. Annual Appreciation
10.70%
Original Mortgage
$166,920
Outstanding Balance
$135,876
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$295,124

Purchase Details

Closed on
May 8, 2013
Sold by
Andrade Jose
Bought by
Moreno Noel

Purchase Details

Closed on
Apr 5, 2011
Sold by
Perez Richard
Bought by
Andrade Jose

Purchase Details

Closed on
Jul 12, 2006
Sold by
Perez Irma
Bought by
Perez Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2006
Sold by
Sorensen Maria
Bought by
Perez Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2005
Sold by
Sorensen Maria and Sorensen Daniel
Bought by
Sorensen Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2005
Sold by
Fernandes Luis and Fernandes Marlene
Bought by
Sorensen Daniel and Sorensen Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2002
Sold by
Moreno Jose Ernesto
Bought by
Fernandes Luis and Fernandes Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,100
Interest Rate
6.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barraza Armando -- Fidelity National Title Co
Barraza Armando -- Fidelity National Title Co
Moreno Noel -- None Available
Andrade Jose $55,000 Fidelity National Title Co
Perez Richard -- Alliance Title Company
Perez Richard $290,000 Alliance Title Company
Sorensen Maria -- --
Sorensen Daniel $302,000 Alliance Title Company
Fernandes Luis $137,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barraza Armando $166,920
Previous Owner Perez Richard $224,250
Previous Owner Sorensen Daniel $226,500
Previous Owner Fernandes Luis $130,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $170,000 -5.6% $108 / Sq Ft
06/13/2016 06/13/16 For Sale $179,999 -- $115 / Sq Ft
Source: MLSListings

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 $2,125 $197,293 $58,026 $139,267
2024 $2,085 $193,426 $56,889 $136,537
2023 $2,082 $189,634 $55,774 $133,860
2022 $2,056 $185,917 $54,681 $131,236
2021 $2,026 $182,272 $53,609 $128,663
2020 $2,012 $180,404 $53,060 $127,344
2019 $1,978 $176,868 $52,020 $124,848
2018 $1,976 $173,400 $51,000 $122,400
2017 $1,931 $170,000 $50,000 $120,000
2016 $962 $88,417 $31,206 $57,211
2015 $951 $87,090 $30,738 $56,352
2014 $942 $85,385 $30,136 $55,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81590425

MLSListings

APN: 050-27-42