NOT LISTED FOR SALE
12 Beds
1 Bath
3,400 Sq Ft
10,000 Sq Ft Lot

Last Sold September 17, 2013

Last sale price $220,000 $65 Per Sq Ft

33 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • Central Air
  • Double Pane Windows
  • Guest Parking
  • Floor Furnace

About This Home

As of September 2013

Unbelievable cash cow with total monthly income of $2,125. Four fully tenant occupied 3 bed/1bath units total 3400 square feet on 10K lot. TOTAL MONTHLY INCOME $2125. Owner put in all new windows and new baths in 2009. Incredible value. HURRY! Will not last!

Last Agent to Sell the Property

Justyna To

HomeSmart Bay Area License #01091490 Listed on: 08/06/2013

Last Buyer's Agent

MIKE Burrows

London Properties LTD License #01814948

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 10,000 Sq Ft Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Gas Range

Flooring

  • Carpet
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • Carport
  • Guest Parking
  • On-Street Parking

Utilities

  • Central Air
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 032-221-024

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Architectural Style: Contemporary, Ranch
  • Stories: 1
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator
  • Flooring: Carpet, Tile
  • Laundry Features: WSHD
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 8.00
  • Parking Features: Carport, Guest Parking Available, Street, SPC1

Utilities

  • Cooling: Central
  • Heating: Floor Furnace
  • Security Features: Carbon Mon Detector, Smoke Detector

Association/Amenities

  • Association Features: None

Fee Information

  • Utilities Expenses: 2928

Lot Info

  • Assessor Parcel Number: 032-221-024
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 958188.15
  • Zoning: MULTI-FAMILY DWELLING

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Number Of Units Month To Month: 4
  • Units Furnished: None

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income Multiplier: 9.000
  • Number of 3 Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District County: Merced
  • Senior High School District: Merced Union High

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2013 09/17/13 Sold $220,000 0.0% $65 / Sq Ft
09/08/2013 09/08/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $220,000 -- $65 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $2,864 $270,837 $30,641 $240,196
2024 $2,864 $265,560 $30,041 $235,519
2023 $2,825 $260,386 $29,452 $230,934
2022 $2,787 $255,264 $28,875 $226,389
2021 $2,782 $250,291 $28,309 $221,982
2020 $2,803 $247,742 $28,019 $219,723
2019 $2,761 $242,917 $27,470 $215,447
2018 $2,510 $237,186 $26,932 $210,254
2017 $2,605 $232,548 $26,404 $206,144
2016 $2,564 $228,001 $25,887 $202,114
2015 $2,524 $224,587 $25,499 $199,088
2014 $2,470 $220,200 $25,000 $195,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 13046134

San Francisco Association of REALTORS®

APN: 032-221-024