NOT LISTED FOR SALE

Estimated Value: $787,850 - $1,001,000

4 Beds
3 Baths
3,120 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 01, 2014

Last sale price $409,000 $131 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $5,252/month

153 Days on Market

Highlights

  • High Ceiling
  • No HOA
  • Tile Flooring
  • Granite Countertops
  • Laundry Room
  • Ceiling Fan

About This Home

As of May 2014

Turnkey! Spacious modern units, Great for Investors to rent or Owner/Landlord to live in one of the units. Building has 2 - One Bedroom units (approx 800 S.F. each ) downstairs , and large 3 bedroom 2 full bath upstairs (1560 S.F upstairs). This one is a money maker: Owner could live in one unit and other units could pay the mortgage.

All units have new kitchen cabinets with granite countertops, ceramic tile floors, new carpeting. recessed lighting and 9' ceilings. Very spacious and quiet. New insulated windows., new water heater and heater. Stainless steel stove and microwave in each unit. Don't wait or it will be gone.

Last Agent to Sell the Property

Duane White

Home Centre Real Estate/Mtg. License #01339032 Listed on: 10/30/2013

Last Buyer's Agent

Aril Manning

Imperial 7 Realty License #00904085

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,247

Year Built

  • Built in 1911

Lot Details

  • 1,986 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Property Attached
  • Copper Plumbing

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan

Kitchen

  • Gas Cooktop
  • Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Public Parking
  • Parking Available

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 029
  • Tax Tract Number 3139
  • Assessor Parcel Number 5021020029

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $608
  • Insurance Expense $1,200
  • Trash Expense $400
  • Water Sewer Expense $516
  • New Taxes Expense $5,000
  • Gross Income $4,300
  • Net Operating Income $43,276

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,247

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 516.00
  • Property Type: Residential Income
  • Parcel Number: 5021020029
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters, High Ceilings
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 131.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Public

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 1986.00
  • Lot Size Acres: 0.0460

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 608.00
  • Gross Income: 4300.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 1986.0000 Square Feet
  • Net Operating Income: 43276.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 8324.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 029
  • Tax Tract Number: 3139
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2013
Closed on
Apr 7, 2014
Sold by
Evi Disressed Re Fund 1 Llc
Bought by
Calhoun Ronnie and Ridlespriger Patience M
Seller's Agent
Duane White
Home Centre Real Estate/Mtg.
Buyer's Agent
Aril Manning
Imperial 7 Realty
List Price
$423,900
Sold Price
$409,000
Premium/Discount to List
-$14,900
-3.51%
Current Estimated Value
$901,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,963
Avg. Annual Appreciation
7.15%
Original Mortgage
$401,591
Outstanding Balance
$304,246
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$597,717

Purchase Details

Closed on
Jun 5, 2013
Sold by
Broadway Federal Bank Fsb
Bought by
Evi Distressed Re Fund 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2012
Sold by
Evans Ramona
Bought by
Broadway Federal Bank Fsb

Purchase Details

Closed on
Apr 8, 2010
Sold by
Evans Ramona Yvonne
Bought by
Vernon Manner Estates Llc

Purchase Details

Closed on
Jan 6, 2009
Sold by
Evans Ramona
Bought by
Evans Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Williams Gertrude and Trust Of Madge Gamble
Bought by
Evans Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2005
Sold by
Williams Gertrude and The Trust Of Madge Gamble
Bought by
Williams Gertrude and The Trust Of Madge Gamble

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2004
Sold by
Denman Eugene
Bought by
Denman Eugene

Purchase Details

Closed on
Jul 1, 2002
Sold by
Gamble Madge
Bought by
Gamble Madge and The Trust Of Madge Gamble

Purchase Details

Closed on
Feb 12, 2001
Sold by
House Of God Prayer Tower
Bought by
Gamble Madge
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
Calhoun Ronnie $409,000 Lawyers Title Company
Evi Distressed Re Fund 1 Llc $150,000 Lawyers Title
Broadway Federal Bank Fsb $294,535 Pacific Coast Title
Vernon Manner Estates Llc -- None Available
Evans Ramona -- Investors Title Company
Evans Ramona $410,000 Stewart Title
Evans Ramona -- Stewart Title
Williams Gertrude -- Old Republic
Denman Eugene -- --
Gamble Madge -- --
Gamble Madge -- --
Gamble Madge -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calhoun Ronnie $401,591
Previous Owner Evi Distressed Re Fund 1 Llc $127,500
Previous Owner Evans Ramona $319,000
Previous Owner Evans Ramona $287,000
Previous Owner Williams Gertrude $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2014 05/01/14 Sold $409,000 -3.5% $131 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
10/30/2013 10/30/13 For Sale $423,900 -- $136 / 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 $6,247 $501,366 $300,332 $201,034
2024 $6,247 $491,537 $294,444 $197,093
2023 $6,134 $481,900 $288,671 $193,229
2022 $5,858 $472,452 $283,011 $189,441
2021 $5,768 $463,189 $277,462 $185,727
2019 $5,599 $449,452 $269,233 $180,219
2018 $5,554 $440,640 $263,954 $176,686
2016 $5,285 $423,531 $253,705 $169,826
2015 $5,210 $417,171 $249,895 $167,276
2014 $4,300 $331,498 $200,908 $130,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13221244

California Regional Multiple Listing Service (CRMLS)

APN: 5021-020-029