NOT LISTED FOR SALE

Estimated Value: $1,896,000 - $2,459,000

9 Beds
4 Baths
4,114 Sq Ft
$559/Sq Ft Est. Value

Last Sold October 14, 2014

Last sale price $1,350,000 $328 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $14,430/month

29 Days on Market

About This Home

As of October 2014

4 unit building, 3/2X1 & 1/3X1 in great location, 1/2 block from Pacifica Pier . *enclosed garages * Walk To Beach * Potential To Increase Rents * Extra Income From Laundry.

Last Agent to Sell the Property

Steve Zirelli

Cassidy Turley Northern California, Inc. License #01929245 Listed on: 07/07/2014

Last Buyer's Agent

Raymond Grinsell

Founders Real Estate Svcs. License #00528852

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,726

Year Built

  • 1964

Lot Details

  • 4,487

Parking

  • Private Parking

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 4,114 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Oven or Range

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $99,600
  • The owner pays for electric, garbage, water

Community Details

Overview

  • 4,114 Sq Ft Building

Building Details

  • Insurance Expense $1,234
  • Maintenance Expense $2,000
  • Utility Expense $900
  • Trash Expense $1,000
  • Operating Expense $27,592
  • Gross Income $97,344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,726

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: R3000
  • Subclass: Fourplex
  • Age: 50
  • Sale Price Per Sq Ft: 328.15
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4114
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 4114
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op
  • Flooring: Carpet

Exterior Features

  • Roof: Tar And Gravel
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Jefferson Union High
  • Middle School: Ingrid B. Lacy Middle
  • Middle School: 1037

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4500.00
  • Lot Size Area Min Search: 4500.00
  • Maximum Lot Size: 4500.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 13.79

Multi Family

  • Expense Insurance: 1234
  • Expense Maintenance: 2000
  • Expenses Total: 27592
  • Expenses Utility: 900
  • Expense Trash: 1000
  • Expense Water Sewer: 3056
  • Income Annual Gross: 97344.00
  • Income Annual Rental: 99600
  • Income Gross Scheduled: 101400
  • Income Includes: Laundry
  • Income Laundry: 1800
  • Maximum Building Height: 2
  • Meters: Separate Electric, Master Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Laundry, Maintenance - Repair, Fee - Property Tax, Vacancy Factor
  • Owner Pays: Electric, Garbage, Water
  • Tenant Expenses: Cable Tv
  • Vacancy Amount: 4056
  • Vacancy Factor: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2020
Sold by
Tran Calvin and Tran Mimi
Bought by
Tran Calvin and Tran Mimi
Current Estimated Value
$2,331,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,290
Outstanding Balance
$635,829
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,708,491

Purchase Details

Listed on
Jul 7, 2014
Closed on
Sep 30, 2014
Sold by
Kletter Cary S and Nguyen Ngan Ha D
Bought by
Tran Calvin and Tran Mimi
Seller's Agent
Steve Zirelli
Cassidy Turley Northern California, Inc.
Buyer's Agent
Raymond Grinsell
Founders Real Estate Svcs.
List Price
$1,398,000
Sold Price
$1,350,000
Premium/Discount to List
-$48,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$801,950
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2013
Sold by
Fuller Dennis M and Fuller Linda M
Bought by
Kletter Cary S and Nguyen Ngan Ha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2013
Sold by
Kletter Cary S and Nguyen Ngan Ha D
Bought by
Kletter Cary S and Nguyen Ngan Ha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2002
Sold by
Spengler Steele D
Bought by
Fuller Dennis M and Fuller Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.43%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 13, 2000
Sold by
Spengler W G Tr and Steele D
Bought by
Spengler Steele D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.34%
Mortgage Type
Stand Alone First
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 Buyer Sale Price Title Company
Tran Calvin -- Chicago Title Company
Tran Calvin $1,350,000 Cornerstone Title Company
Kletter Cary S $1,020,000 First American Title Company
Kletter Cary S -- First American Title Company
Fuller Dennis M $925,000 Old Republic Title Company
Spengler Steele D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Calvin $711,290
Closed Tran Calvin $801,950
Previous Owner Kletter Cary S $765,000
Previous Owner Fuller Dennis M $610,000
Previous Owner Fuller Linda M $416,999
Previous Owner Fuller Linda M $210,000
Previous Owner Fuller Dennis M $630,000
Previous Owner Spengler Steele D $562,500
Previous Owner Spengler Steele D $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2014 10/14/14 Sold $1,350,000 -3.4% $328 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $1,398,000 -- $340 / 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 $20,726 $1,622,484 $811,242 $811,242
2023 $20,726 $1,559,484 $779,742 $779,742
2022 $20,520 $1,528,906 $764,453 $764,453
2021 $20,072 $1,498,928 $749,464 $749,464
2020 $21,650 $1,483,560 $741,780 $741,780
2019 $19,211 $1,454,472 $727,236 $727,236
2018 $18,375 $1,425,954 $712,977 $712,977
2017 $18,138 $1,397,996 $698,998 $698,998
2016 $18,026 $1,370,586 $685,293 $685,293
2015 $17,093 $1,350,000 $675,000 $675,000
2014 $14,119 $1,024,630 $512,315 $512,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81424199

MLSListings

APN: 016-181-200