$226,000
SOLD JAN 13, 2017
4 Beds
4 Baths
2,332 Sq Ft
7,189 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

10% Below List Price

160 Days on Market

Highlights

  • Central Heating and Cooling System
  • South Facing Home
  • Back Yard

About This Home

As of January 2017

This duplex is perfect for an investor or for an owner to live in one unit and rent the other. Very large units, approx. 1,166 square feet for each, offer 2 bedrooms and 2 baths. Each unit also has a private 2 car attached garage with driveway space in front. There are 2 separate electric meters and 2 separate gas meters. The property is not subject to rent control. All this represents an opportunity not to be missed.

Last Agent to Sell the Property

Jim Cromie

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01091291 Listed on: 07/13/2016

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Co-Listed By

Maximo Gonzalez

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01096120

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Last Buyer's Agent

Maximo Gonzalez

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01096120

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 1978

Lot Details

  • 7,189 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Back Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • 2,332 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 34489
  • Assessor Parcel Number 3142008067

Community Details

Overview

  • 856 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,183
  • Gross Income $1,209
  • Net Operating Income $9,719

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,001

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • CapRate: 3.90
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 3142008067
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 96.91

Exterior Features

  • Direction Faces: South
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7189.00
  • Price Per Lot Square Foot: 33.37

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1209.00
  • Gross Scheduled Income: 14508.00
  • Insurance Expense: 1183.00
  • Net Operating Income: 9719.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 856
  • Operating Expense: 4789.00
  • Rent Control: No

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 34489

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2018
Sold by
Gonzalez Max Emmanuel
Bought by
M E Investments Group Llc
Current Estimated Value
$482,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Outstanding Balance
$156,612
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$324,510

Purchase Details

Listed on
Oct 13, 2016
Closed on
Jan 19, 2017
Sold by
Gonzalez Maximo
Bought by
Gonzalez Maximo and Gonzalez Max Emmanuel
Seller's Agent
Maximo Gonzalez
Buyer's Agent
Maximo Gonzalez
Berkshire Hathaway Crest R.E
List Price
$224,000
Sold Price
$226,000
Premium/Discount to List
$2,000
0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%

Purchase Details

Listed on
Oct 13, 2016
Closed on
Jan 5, 2017
Sold by
Castleberry Terry L
Bought by
Gonzalez Maximo
Seller's Agent
Maximo Gonzalez
Buyer's Agent
Maximo Gonzalez
Berkshire Hathaway Crest R.E
List Price
$224,000
Sold Price
$226,000
Premium/Discount to List
$2,000
0.89%

Purchase Details

Listed on
Oct 13, 2016
Closed on
Jan 4, 2017
Sold by
Hammond Gary Lee
Bought by
Hammond Dawn L
Seller's Agent
Maximo Gonzalez
Buyer's Agent
Maximo Gonzalez
Berkshire Hathaway Crest R.E
List Price
$224,000
Sold Price
$226,000
Premium/Discount to List
$2,000
0.89%

Purchase Details

Closed on
Aug 22, 2016
Sold by
Castleberry Terry L
Bought by
Castleberry Terry L and Castleberry Steven C

Purchase Details

Closed on
Apr 17, 2009
Sold by
Honaker James R and Honaker Nola R
Bought by
Hammond Dawn L
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 -- Accommodation
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $226,000 Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $181,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $226,000 0.0% $97 / Sq Ft
01/13/2017 01/13/17 Sold $226,000 +0.9% $97 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
12/20/2016 12/20/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $224,000 0.0% $96 / Sq Ft
09/25/2016 09/25/16 Price Changed $224,000 -6.6% $96 / Sq Ft
08/15/2016 08/15/16 Price Changed $239,900 -4.0% $103 / Sq Ft
07/13/2016 07/13/16 For Sale $249,900 -- $107 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,001 $318,584 $47,784 $270,800
2024 $5,001 $312,339 $46,848 $265,491
2023 $4,904 $306,216 $45,930 $260,286
2022 $4,815 $300,213 $45,030 $255,183
2021 $4,732 $294,328 $44,148 $250,180
2020 $4,678 $291,311 $43,696 $247,615
2019 $4,294 $260,365 $40,147 $220,218
2018 $3,923 $230,520 $36,720 $193,800
2016 $2,986 $172,838 $29,404 $143,434
2015 $2,949 $170,243 $28,963 $141,280
2014 $2,937 $166,909 $28,396 $138,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16153761

California Regional Multiple Listing Service (CRMLS)

APN: 3142-008-067