$359,000
SOLD JAN 24, 2014
4 Beds
2 Baths
2,302 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

31 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Polytechnic High School Rated A-
  • Laundry Room

About This Home

As of January 2014

1926 Craftsman house in front with 2 bedrooms and 1 bathroom. There is another room that could be used as a 3rd bedroom. There are 2 apartments in the back with 2 bedrooms and 1 bathroom each. 5 carports. Each of the apartments has there own address, 4317 and 4321 10Th St.. The aparments and carports are accessed from the alley. This is a great investment property. Live in the house and rent out the 2 apartments. The house and both apartments are rented to long term tenants that are now on month to month rental.

Last Agent to Sell the Property

Brian Boyd

Boyd Real Estate License #01815540 Listed on: 09/26/2013

Last Buyer's Agent

Ernest Livingstone

LIVINGSTONE REALTY GROUP License #01270885

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,786

Year Built

  • Built in 1926

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Home Design

  • 2,302 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Assessor Parcel Number 214281015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $1,500
  • Insurance Expense $1,297
  • Trash Expense $853
  • Water Sewer Expense $648
  • New Taxes Expense $4,331
  • Gross Income $1,950
  • Net Operating Income $18,456

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,786

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 648.00
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 214281015
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 155.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Trash Expense: 853.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1950.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 1297.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 18456.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 4944.00
  • Rent Control: No
  • Total Actual Rent: 1950.00

Tax Info

  • New Taxes Expense: 4331.00
  • Tax Lot: 13
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2013
Sold by
Butcher Edward M and Butcher Walter R
Bought by
Olilang Glenn O
Total Days on Market
31
Current Estimated Value
$659,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,018
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 1999
Sold by
Butcher Ruth L
Bought by
Butcher Ruth Lorene and Family Trust Of Ruth Lorene Butcher
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 $359,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $372,400 New Conventional
Closed $345,397 FHA
Previous Owner $347,018 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2014 11/30/14 Rented $1,100 +4.8% --
11/30/2014 11/30/14 For Rent $1,050 0.0% --
01/24/2014 01/24/14 Sold $359,000 0.0% $156 / Sq Ft
10/27/2013 10/27/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $359,000 -- $156 / 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 $4,786 $422,986 $129,604 $293,382
2022 $4,678 $414,693 $127,063 $287,630
2021 $4,618 $406,563 $124,572 $281,991
2020 $4,583 $402,395 $123,295 $279,100
2019 $4,497 $394,506 $120,878 $273,628
2018 $4,409 $386,771 $118,508 $268,263
2017 $4,331 $379,188 $116,185 $263,003
2016 $4,053 $371,754 $113,907 $257,847
2015 $3,996 $366,172 $112,197 $253,975
2014 $3,959 $359,000 $120,000 $239,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13198147

California Regional Multiple Listing Service (CRMLS)

APN: 214-281-015