NOT LISTED FOR SALE

Estimated Value: $507,984 - $680,000

2 Beds
1 Bath
2,278 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $395,000 $173 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,446/month

72 Days on Market

Highlights

  • Property is near a clubhouse
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2021

Great Investment property with longtime tenants! This neat 3 unit property is located heart of San Jacinto and professionally managed and maintained by management company. Each unit has 2 bedroom and 1 bath, there are two detached garages.

Last Agent to Sell the Property

Larry Min

UNIVERSITY REALTY INC. License #01782954 Listed on: 11/17/2020

Last Buyer's Agent

Vanessa Browne

Realty Masters & Associates, I License #01713863

Realty Masters & Associates, I

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,278 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Property is near a clubhouse

Listing and Financial Details

  • Legal Lot and Block 13 / 3
  • Tax Tract Number 435
  • Assessor Parcel Number 434291018

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $120
  • Operating Expense $1,440
  • Gross Income $23,880
  • Net Operating Income $22,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 120.00
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 434291018
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 173.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Income: 23880.00
  • Gross Scheduled Income: 23880.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 22440.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1440.00
  • Rent Control: No
  • Total Expenses: 1440.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 435.09
  • Tax Lot: 13
  • Tax Tract Number: 435.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Mar 18, 2021
Sold by
Peiking Real Estate Llc
Bought by
Cloeman Jahmyra
Seller's Agent
Larry Min
UNIVERSITY REALTY INC.
Buyer's Agent
Vanessa Browne
Realty Masters & Associates, I
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$577,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,496
Avg. Annual Appreciation
8.32%
Original Mortgage
$387,845
Outstanding Balance
$349,417
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$228,079

Purchase Details

Closed on
Apr 21, 2011
Sold by
Garvin Judith M
Bought by
Peiking Real Estate Llc

Purchase Details

Closed on
Oct 25, 2006
Sold by
Tran Thu Ha
Bought by
Vu Chan

Purchase Details

Closed on
Jul 1, 2005
Sold by
Garvin James Walter and Garvine Judith Marie
Bought by
Garvin James Walter and Garvin Judith Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2003
Sold by
Romos & Associates Inc
Bought by
Garvin James Walter and Garvin Judith Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,436
Interest Rate
5.18%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2002
Sold by
Cripps James O and Cripps Frances Carol
Bought by
Romos & Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cloeman Jahmyra $395,000 Wfg National Title Co Of Ca
Peiking Real Estate Llc $70,000 Lawyers Title
Vu Chan -- Commonwealth Land Title Co
Garvin James Walter -- --
Garvin James Walter $94,000 Lawyers Title Company
Romos & Associates Inc $95,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cloeman Jahmyra $387,845
Previous Owner Garvin James Walter $285,000
Previous Owner Garvin James Walter $90,436
Previous Owner Romos & Associates Inc $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $395,000 0.0% $173 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
11/17/2020 11/17/20 For Sale $395,000 -- $173 / 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 $5,045 $427,559 $48,709 $378,850
2023 $5,045 $410,958 $46,818 $364,140
2022 $4,926 $402,900 $45,900 $357,000
2021 $1,195 $82,840 $23,667 $59,173
2020 $1,191 $81,992 $23,425 $58,567
2019 $1,172 $80,385 $22,966 $57,419
2018 $1,153 $78,810 $22,516 $56,294
2017 $1,134 $77,266 $22,075 $55,191
2016 $1,432 $75,752 $21,643 $54,109
2015 $1,065 $74,617 $21,319 $53,298
2014 $1,034 $73,157 $20,902 $52,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20241369

California Regional Multiple Listing Service (CRMLS)

APN: 434-291-018