NOT LISTED FOR SALE

Estimated Value: $57,000 - $498,000

8 Beds
8 Baths
4,860 Sq Ft
$37/Sq Ft Est. Value

Last Sold January 23, 2018

Last sale price $40,000 $8 Per Sq Ft

Est. 368% increase in value since last sale

Current estimated payment $1,039/month

421 Days on Market

About This Home

As of January 2018

ALMOST PERMITS READY - PLANS AVAILABLE- 4 UNITS 2 BR / 2BA Excellent Multifamily development opportunity in Mixed Use-Neighborhood (MU-N) zoning emphasizes compact residential development, built inclose proximity to daily commercial/office uses and services, offering pedestrian connections and gathering spaces, including trails and neighborhood parks. Typical developments in the mixed use neighborhood zone include attached multi-family uses, such as apartments and condominiums, small-lot single-family subdivisions, andsmaller commercial and office uses. Neighborhoods containing these developments would have a highly connected street pattern, such as a grid block layout for single family developments.

Last Agent to Sell the Property

Patrick Hodara

ARAD Realty License #01846966 Listed on: 11/06/2016

Last Buyer's Agent

Yolanda Daugherty

REAL ESTATE MASTERS GROUP License #01729266

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 8,540 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 4,860 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3138-018-004

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4860
  • Stories: 2
  • Year Built: 2016
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 13.35

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 4
  • Garage Structures: 1
  • Parking Garage: Attached
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 0
  • Assessed Land Value: 32709
  • Assessor Parcel Number: 3138-018-004
  • Geocode Override: No
  • Lot Size Area: 8540

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: 2 BR & 2 BA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2016
Closed on
Jan 17, 2018
Sold by
Lawani Iyabo M
Bought by
Lawani Rotimi
Seller's Agent
Patrick Hodara
ARAD Realty
Buyer's Agent
Yolanda Daugherty
REAL ESTATE MASTERS GROUP
List Price
$79,000
Sold Price
$40,000
Premium/Discount to List
-$39,000
-49.37%
Current Estimated Value
$187,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,352
Avg. Annual Appreciation
20.61%

Purchase Details

Listed on
Nov 6, 2016
Closed on
Jan 5, 2018
Sold by
Lancaster Trevor Development Llc
Bought by
Lawani Rotimi
Seller's Agent
Patrick Hodara
ARAD Realty
Buyer's Agent
Yolanda Daugherty
REAL ESTATE MASTERS GROUP
List Price
$79,000
Sold Price
$40,000
Premium/Discount to List
-$39,000
-49.37%

Purchase Details

Listed on
Mar 4, 2016
Closed on
Jul 15, 2016
Sold by
Calesdel Properties Llc
Bought by
Lancaster Trevor Development Llc
Seller's Agent
Patrick Hodara
ARAD Realty
Buyer's Agent
Patrick Hodara
ARAD Realty
List Price
$50,000
Sold Price
$39,000
Premium/Discount to List
-$11,000
-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
1.74%

Purchase Details

Closed on
Nov 17, 2009
Sold by
Medho Properties Llc
Bought by
Calesdel Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2009
Sold by
Porter Alfred
Bought by
Medho Properties Llc

Purchase Details

Closed on
Aug 4, 2004
Sold by
Porter Paula
Bought by
Porter Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Galli Greg
Bought by
Porter Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2003
Sold by
Templeton Marleen
Bought by
Galli Greg and Galli Vicki S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2003
Sold by
Charrette Glenda
Bought by
Templeton Marleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2002
Sold by
Burr Roger R
Bought by
Templeton Marleen and Charrette Glenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lawani Rotimi -- Old Republic Title Company
Lawani Rotimi $40,000 Old Republic Title
Lancaster Trevor Development Llc $30,000 Chicago Title
Calesdel Properties Llc $120,000 None Available
Medho Properties Llc $76,500 None Available
Porter Alfred -- --
Porter Alfred $325,000 Fidelity National Title
Galli Greg $215,000 Fidelity National Title
Templeton Marleen -- --
Templeton Marleen $135,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calesdel Properties Llc $80,000
Previous Owner Porter Alfred $260,000
Previous Owner Galli Greg $182,750
Previous Owner Templeton Marleen $94,500
Closed Porter Alfred $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2018 01/23/18 Sold $40,000 0.0% $8 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
12/31/2017 12/31/17 Off Market $40,000 -- --
09/26/2017 09/26/17 Price Changed $64,900 -17.8% $13 / Sq Ft
11/06/2016 11/06/16 For Sale $79,000 +102.6% $16 / Sq Ft
08/04/2016 08/04/16 Sold $39,000 -22.0% $8 / Sq Ft View Prior Sale
05/23/2016 05/23/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $50,000 -- $10 / 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 $715 $45,510 $45,510 --
2024 $715 $44,618 $44,618 --
2023 $773 $43,744 $43,744 $0
2022 $755 $42,887 $42,887 $0
2021 $1,726 $42,047 $42,047 $0
2019 $651 $40,800 $40,800 $0
2018 $876 $30,600 $30,600 $0
2016 $2,124 $32,709 $32,709 $0
2015 $1,792 $32,218 $32,218 $0
2014 $1,836 $31,587 $31,587 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-177974

The MLS

APN: 3138-018-004