NOT LISTED FOR SALE

Estimated Value: $465,000 - $673,000

3 Beds
1 Bath
1,624 Sq Ft
$362/Sq Ft Est. Value

Last Sold January 29, 2015

Last sale price $318,000 $196 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,635/month

59 Days on Market

About This Home

As of January 2015

SHARP LOOKING TWO UNITS ! CLOSE TO DOWNTOWN! NEW PAINT, NEW CARPET AND FLOORING. FRONT UNIT IS A 3 BEDROOM, 1 BATH WITH A BASEMENT AND LARGE KITCHEN WITH OAK CABINETS. HAS NEWER WINDOWS, CENTRAL AIR AND HEAT. THE SECOND UNIT IS 2 BEDROOMS, 1 BATH, NEW TILE FLOOR IN THE LIVING ROOM AND NEW PAINT. PERFECT INVESTMENT!

Last Listed By

MARIA JIMENEZ

RE/MAX HORIZON License #01236447 Listed on: 10/29/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,165

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • 1,624 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 7
  • Tax Tract Number 16
  • Assessor Parcel Number 221083016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $640
  • Water Sewer Expense $540
  • New Taxes Expense $3,562
  • Gross Income $2,050
  • Net Operating Income $16,658

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,165

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 540.00
  • Property Type: Residential Income
  • Parcel Number: 221083016
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 195.81

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 640.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2050.00
  • Gross Scheduled Income: 2050.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5227.0000 Square Feet
  • Net Operating Income: 16658.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5542.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3562.00
  • Tax Lot: 7
  • Tax Tract Number: 016
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Cortez Joe Manuel and Unyque Deziree
Bought by
Cortez Family Living Trust and Cortez
Total Days on Market
59
Current Estimated Value
$587,278

Purchase Details

Listed on
Oct 29, 2014
Closed on
Jan 15, 2015
Sold by
Loya Robert
Bought by
Cortez Joe Manuel and Cortez Unyque Deziree
Seller's Agent
MARIA JIMENEZ
RE/MAX HORIZON
Buyer's Agent
Anna Aguirre
Taurus Realty Group
List Price
$329,900
Sold Price
$318,000
Premium/Discount to List
-$11,900
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$312,240
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2014
Sold by
Loya Henry and Loya Lupe
Bought by
Loya Lupe and Lova Robert

Purchase Details

Closed on
Nov 5, 1996
Sold by
Loya Guadalupe and Loya Lupe
Bought by
Loya Henry and Loya Robert

Range of Values:

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Average Value
Not Available
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
Cortez Family Living Trust -- None Listed On Document
Cortez Joe Manuel $318,000 Wfg Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortez Joe Manuel $280,000
Previous Owner Cortez Joe Manuel $312,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2015 01/29/15 Sold $318,000 -3.6% $196 / Sq Ft
12/27/2014 12/27/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $329,900 -- $203 / 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
2023 $4,165 $367,339 $92,410 $274,929
2022 $4,070 $360,138 $90,599 $269,539
2021 $4,021 $353,077 $88,823 $264,254
2020 $3,990 $349,458 $87,913 $261,545
2019 $3,916 $342,607 $86,190 $256,417
2018 $3,840 $335,890 $84,500 $251,390
2017 $3,772 $329,305 $82,844 $246,461
2016 $3,530 $322,849 $81,220 $241,629
2015 $817 $68,991 $23,990 $45,001
2014 $213 $19,452 $4,922 $14,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14230901

California Regional Multiple Listing Service (CRMLS)

APN: 221-083-016