NOT LISTED FOR SALE

Estimated Value: $731,000 - $1,079,369

3 Beds
2 Baths
2,153 Sq Ft
$384/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $275,000 $128 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $4,865/month

80 Days on Market

About This Home

As of December 2013

This is a standard sale. Owner is ready to move on. It's a perfect property for owner user or investement. Left unit is owner occupied with large 2 bedrooms, living room, dining room and one bathroom. Right unit is tenant occupied with one large bedroom, living room, dining room and one bathroom. Recently painted outside. No garage but has large parking area in the rear. Alley access is private for surrounded owner's use with a gate for security. Please do not disturb occupants.

Last Agent to Sell the Property

Antonio Gonzalez

West Shores Realty, Inc. License #00913905 Listed on: 10/05/2012

West Shores Realty, Inc.

Last Buyer's Agent

Antonio Gonzalez

West Shores Realty, Inc. License #00913905 Listed on: 10/05/2012

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,726

Year Built

  • Built in 1924

Lot Details

  • 6,346 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Spanish Architecture
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 2,153 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 113
  • Tax Tract Number 4486
  • Assessor Parcel Number 5014013015

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $720
  • Trash Expense $432
  • Water Sewer Expense $1,140
  • New Taxes Expense $3,738
  • Gross Income $2,344
  • Net Operating Income $23,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,726

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Water Sewer Expenses: 1140.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5014013015
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 127.73

Exterior Features

  • Roof: Rolled/Hot Mop
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Trash Expense: 432.00

Lot Info

  • Lot Size Sq Ft: 6346.00
  • Lot Size Acres: 0.1460

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2344.00
  • Gross Scheduled Income: 29700.00
  • Insurance Expense: 720.00
  • Lot Size Area: 6346.0000 Square Feet
  • Net Operating Income: 23670.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6030.00
  • Rent Control: Yes
  • Total Actual Rent: 700.00

Tax Info

  • New Taxes Expense: 3738.00
  • Tax Lot: 113
  • Tax Tract Number: 4486
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2019
Sold by
Barba Joshua and Barba Rosa Maria
Bought by
Barba Joshua
Current Estimated Value
$826,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$363,561
Interest Rate
3.5%
Estimated Equity
$463,281

Purchase Details

Closed on
Mar 12, 2015
Sold by
Barba Jose Luis
Bought by
Barba Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2012
Closed on
Dec 10, 2013
Sold by
Mercado Benjamin
Bought by
Barba Joshua and Merkel Samantha Marie Jean
Seller's Agent
Antonio Gonzalez
West Shores Realty, Inc.
Buyer's Agent
Antonio Gonzalez
West Shores Realty, Inc.
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$270,019
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2011
Sold by
Mercado Benjamin and Mercado Maria Elisa
Bought by
Mercado Benjamin and Mercado Maria Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2008
Sold by
Mercado Benjamin
Bought by
Mercado Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.42%
Mortgage Type
New Conventional
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
Barba Joshua -- Amrock Inc
Barba Rosa Maria -- Western Resources Title
Barba Joshua -- Western Resources Title Co
Barba Joshua $275,000 First American Title Company
Mercado Benjamin -- Lsi
Mercado Benjamin -- None Available
Mercado Benjamin -- Ntc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barba Joshua $415,000
Previous Owner Barba Joshua $273,000
Previous Owner Barba Joshua $270,019
Previous Owner Mercado Benjamin $166,000
Previous Owner Mercado Benjamin $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2013 12/19/13 Sold $275,000 -8.0% $128 / Sq Ft
12/24/2012 12/24/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $299,000 -- $139 / 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 $5,726 $452,896 $341,311 $111,585
2024 $5,726 $444,017 $334,619 $109,398
2023 $5,624 $435,311 $328,058 $107,253
2022 $5,375 $426,776 $321,626 $105,150
2021 $5,299 $418,409 $315,320 $103,089
2019 $4,873 $382,734 $249,949 $132,785
2018 $4,756 $375,231 $245,049 $130,182
2016 $4,534 $360,663 $235,535 $125,128
2015 $3,579 $280,494 $203,996 $76,498
2014 $3,605 $275,000 $200,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12124683

California Regional Multiple Listing Service (CRMLS)

APN: 5014-013-015