NOT LISTED FOR SALE

Estimated Value: $798,449 - $1,397,000

6 Beds
3 Baths
2,244 Sq Ft
$489/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $467,000 $208 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $6,566/month

8 Days on Market

Highlights

  • 3 Car Detached Garage
  • Floor Furnace
  • 2-minute walk to Farmdale

About This Home

As of June 2016

3-unit building with loads of potential! Great for long-term investment. Adjacent to metro-line in prime and rapidly flourishing neighborhood! Three good-sized 2-bedroom units, each with breakfast nook and garage. Rents are $860 each unit. Tankless water heater. Needs TLC. Being sold as-is and with tenants. Please do not disturb tenants. Priced to move, don't wait!

Last Agent to Sell the Property

Nandi Cooper

R.S. Cooper & Assocs Realty License #01379199 Listed on: 04/19/2016

Last Buyer's Agent

Christopher Cadiz

Simplified Home Realty License #01387859

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,009

Year Built

  • Built in 1946

Lot Details

  • 5,396 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Triplex

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5046-009-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,009

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: 3-unit building with loads of potential! Great for long-term investment. Adjacent to metro-line in prime and rapidly flourishing neighborhood! Three good-sized 2-bedroom units, each with breakfast nook and garage. Rents are $860 each unit. Tankless water heater. Needs TLC. Being sold as-is and with tenants. Please do not disturb tenants. Priced to move, don't wait!
  • Living Area: 2244
  • Stories: 2
  • Year Built: 1946
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 200.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Heating: Floor Furnace, Wall

Lot Info

  • Assessed Improvement Value: 40958
  • Assessed Land Value: 31550
  • Assessor Parcel Number: 5046-009-023
  • Geocode Override: No
  • Lot Size Area: 5396

Multi Family

  • Unit Type: 2106
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
May 16, 2016
Sold by
Bowers Aaron D
Bought by
Law Jefferson Chun Hoo
Seller's Agent
Nandi Cooper
R.S. Cooper & Assocs Realty
Buyer's Agent
Christopher Cadiz
Simplified Home Realty
List Price
$449,900
Sold Price
$467,000
Premium/Discount to List
$17,100
3.8%
Current Estimated Value
$1,097,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,862
Avg. Annual Appreciation
9.24%
Original Mortgage
$350,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2010
Sold by
Bowers John A
Bought by
Bowers John A and John A Bowers Declaration Of Trust

Purchase Details

Closed on
Sep 10, 1996
Sold by
Bowers John A
Bought by
Bowers John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.95%
Source: Public Records

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
Law Jefferson Chun Hoo $467,000 Fidelity National Title Co
Bowers John A -- None Available
Bowers John A -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Law Jefferson Chun Hoo $630,000
Closed Law Jefferson Chun Hoo $350,000
Previous Owner Bowers John A $85,000
Previous Owner Bowers John A $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2016 06/07/16 Sold $467,000 +3.8% $208 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $449,900 -- $200 / Sq Ft
Source: The MLS

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 $7,009 $552,825 $316,069 $236,756
2024 $7,009 $541,986 $309,872 $232,114
2023 $6,879 $531,360 $303,797 $227,563
2022 $6,567 $520,942 $297,841 $223,101
2021 $6,473 $510,728 $292,001 $218,727
2019 $6,282 $495,582 $283,341 $212,241
2018 $6,177 $485,866 $277,786 $208,080
2016 $1,204 $73,613 $32,031 $41,582
2015 $1,190 $72,508 $31,550 $40,958
2014 $1,216 $71,088 $30,932 $40,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-116998

The MLS

APN: 5046-009-023