NOT LISTED FOR SALE

Estimated Value: $1,451,000 - $1,617,645

2 Beds
8 Baths
3,472 Sq Ft
$442/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $648,586 $187 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $9,263/month

65 Days on Market

Highlights

  • Spanish Architecture
  • 1-Story Property
  • 5-minute walk to Drake Park

About This Home

As of October 2013

8 units in a good rental area. Two townhouse style with 1 bedroom units, two standard 1 bedroom units, and 4 studio apartments. Room to increase rents, see rental amounts above. 100% occupied, three units are section 8. There are 3 separate buildings with a central courtyard. Ample street parking. Updated Electrical. Some units upgraded recently (1,3).

Last Agent to Sell the Property

Christine Taylor

Compass License #00988441 Listed on: 07/22/2013

Compass

Last Buyer's Agent

Matthew Firth

License #01903073

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4,400

Parking

  • Uncovered Parking

Home Design

  • Spanish Architecture
  • Composition Roof

Interior Spaces

  • 3,472 Sq Ft Home
  • 1-Story Property
  • Disposal

Additional Features

  • 4,400 Sq Ft Lot
  • Sewer in Street

Community Details

  • 8 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 7272-015-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

4,400 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3472
  • Stories: 1
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Garbage Disposal
  • Price Per S Q F T: 194.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered

Utilities

  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 328974
  • Assessed Land Value: 254689
  • Assessor Parcel Number: 7272-015-006
  • Geocode Override: No
  • Lot Size Area: 4400

Rental Info

  • Owner Pays: Water
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 9.40
  • Number Of Units: 8
  • Rent Control: 0
  • Type Of Units: apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2018
Sold by
Stevens Ralph R and Stevens Catharine Gayle
Bought by
Willmore Properties Llc
Current Estimated Value
$1,534,323

Purchase Details

Closed on
Aug 22, 2017
Sold by
Willmore Properties Inc
Bought by
Stevens Ralph R and Stevens Catherine Gayle

Purchase Details

Closed on
Mar 24, 2017
Sold by
Stevens Ralph R and Stevens Catharine G
Bought by
Willmore Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2017
Sold by
434 West 9Th Street Llc
Bought by
Stevens Ralph R and Stevens Catharine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 22, 2013
Closed on
Sep 19, 2013
Sold by
Crudup Frank and Crudup Kari
Bought by
434 West 9Th Street Llc
Seller's Agent
Christine Taylor
Compass
Buyer's Agent
Matthew Firth
List Price
$650,000
Sold Price
$648,586
Premium/Discount to List
-$1,414
-0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$365,000
Interest Rate
4.46%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Benson Norman W and Benson Nikki L
Bought by
Crudup Frank and Crudup Kari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 1999
Sold by
Benson Nikki L and Benson Norman W
Bought by
Benson Norman W and Benson Nikki L

Purchase Details

Closed on
Jul 1, 1998
Sold by
Harmon Charles J and Harmon Dorothy M
Bought by
Benson Norman W and Benson Margaret L
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Willmore Properties Llc -- Accommodation
Stevens Ralph R -- Accommodation
Willmore Properties Inc -- Ticor Title Company
Stevens Ralph R $935,000 Ticor Title
434 West 9Th Street Llc $649,000 Equity Title Company
Crudup Frank $550,000 Lawyers Title
Benson Norman W -- --
Benson Norman W -- --
Benson Norman W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevens Ralph R $605,000
Previous Owner 434 West 9Th Street Llc $365,000
Previous Owner Crudup Frank $385,000
Closed Crudup Frank $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $648,586 -0.2% $187 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $650,000 -- $187 / Sq Ft
Source: The MLS

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 $14,309 $1,063,865 $739,587 $324,278
2024 $14,309 $1,043,006 $725,086 $317,920
2023 $14,054 $1,022,556 $710,869 $311,687
2022 $13,204 $1,002,507 $696,931 $305,576
2021 $12,920 $982,851 $683,266 $299,585
2019 $12,735 $954,300 $663,000 $291,300
2018 $12,614 $954,300 $663,000 $291,300
2016 $8,785 $671,635 $465,990 $205,645
2015 $8,447 $661,548 $458,991 $202,557
2014 $8,424 $648,590 $450,000 $198,590
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 13-690565

The MLS

APN: 7272-015-006

Your Personal Tour Guide

Ask me questions while you tour the home.