NOT LISTED FOR SALE

Estimated Value: $469,000 - $550,000

4 Beds
2 Baths
1,594 Sq Ft
$323/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $400,000 $251 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,317/month

6 Days on Market

Highlights

  • Property is near public transit
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • Evaporated cooling system
  • Wall Furnace

About This Home

As of June 2021

Duplex available for sale. Property is 44823-44825 Redwood Avenue. 2 Homes on 1 Lot! Perfect opportunity to live in one and rent the other - or rent both! Front unit is a 3 bed and 1 bath home and the separate back unit is a 1 bed and 1 bath separate unit. The previous owner had started work on the garage to make it a possible 3rd unit. Both tenants have been there for a while and would like to stay if possible. Utilities meters on the home are separate. The home does come with a shared common yard and a 1 car garage and driveway for the front unit.

Last Agent to Sell the Property

ASHLEY HOWIE

HOMEQUEST REAL ESTATE License #01949367 Listed on: 05/04/2021

HOMEQUEST REAL ESTATE

Last Buyer's Agent

Emy Serrano

GMAX Properties Inc. License #01862982

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,146

Year Built

  • Built in 1955

Lot Details

  • 7,506 Sq Ft Lot
  • No Common Walls
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,594 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Property is near public transit

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 21 / 14
  • Tax Tract Number 2092
  • Assessor Parcel Number 3138016019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Operating Expense $350
  • Net Operating Income $32,616

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,146

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: LRR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 3138016019
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Price Per Square Foot: 250.94
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Near Public Transit
  • Lot Size Sq Ft: 7506.00
  • Lot Size Acres: 0.1723

Multi Family

  • Gross Scheduled Income: 36816.00
  • Lot Size Area: 7506.0000 Square Feet
  • Net Operating Income: 32616.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4200.00
  • Rent Control: No
  • Total Actual Rent: 3068.00
  • Total Expenses: 350.00

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 9006.07
  • Tax Lot: 21
  • Tax Tract Number: 2092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
May 26, 2021
Sold by
Tavera Adrian
Bought by
Avila Betsy and Avila Derrick
Seller's Agent
ASHLEY HOWIE
HOMEQUEST REAL ESTATE
Buyer's Agent
Emy Serrano
GMAX Properties Inc.
List Price
$369,000
Sold Price
$400,000
Premium/Discount to List
$31,000
8.4%
Current Estimated Value
$514,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,754
Avg. Annual Appreciation
5.39%
Original Mortgage
$320,000
Outstanding Balance
$290,350
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$208,345

Purchase Details

Closed on
Feb 1, 2019
Sold by
Olt Acquisitions Llc
Bought by
Tavera Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 15, 2018
Sold by
The Bank Of New York
Bought by
Olt Acquistions Llc
Seller's Agent
Andrea Castaneda
RE/MAX All-Pro
Buyer's Agent
Martha Nunez
Pinnacle Estate Prop. Inc.
List Price
$198,500
Sold Price
$202,500
Premium/Discount to List
$4,000
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%
Original Mortgage
$23,000
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 20, 2018
Closed on
Sep 5, 2018
Sold by
Vandervort Donald and Vandervort Stacy
Bought by
The Bank Of New York Mellon and Cwabs Inc Asset Backed Certificates
Seller's Agent
Andrea Castaneda
RE/MAX All-Pro
Buyer's Agent
Martha Nunez
Pinnacle Estate Prop. Inc.
List Price
$198,500
Sold Price
$202,500
Premium/Discount to List
$4,000
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Closed on
May 26, 2015
Sold by
Vandervort Donald and Vandervort Stacy
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 25, 2005
Sold by
Fitzpatrick Paul William and Fitzpatrick Sandra Lee
Bought by
Vandervort Donald and Vandervort Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.87%
Mortgage Type
Stand Alone First
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
Avila Betsy $400,000 Wfg National Title Co Of Ca
Tavera Adrian $285,000 Fidelity National Title Co
Olt Acquistions Llc $205,000 Servicelink
The Bank Of New York Mellon $210,286 None Available
The Bank Of New York Mellon $134,300 None Available
Vandervort Donald $130,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avila Betsy $320,000
Previous Owner Tavera Adrian $277,985
Previous Owner Tavera Adrian $279,837
Previous Owner Olt Acquisitions Llc $23,000
Previous Owner Olt Acquistions Llc $41,400
Previous Owner Olt Acquistions Llc $172,500
Previous Owner Vardervort Donald $15,000
Previous Owner Vandervort Donald $262,500
Previous Owner Vandervort Donald $104,000
Closed Vandervort Donald $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $400,000 0.0% $251 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/07/2021 05/07/21 Off Market $400,000 -- --
05/04/2021 05/04/21 For Sale $369,000 +82.2% $231 / Sq Ft
10/29/2018 10/29/18 Sold $202,500 +2.0% $127 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $198,500 -- $125 / 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 $6,146 $432,971 $64,945 $368,026
2024 $6,146 $424,482 $63,672 $360,810
2023 $6,026 $416,160 $62,424 $353,736
2022 $5,922 $408,000 $61,200 $346,800
2021 $4,562 $293,711 $46,375 $247,336
2020 $4,511 $290,700 $45,900 $244,800
2019 $3,477 $205,000 $31,000 $174,000
2018 $2,911 $158,436 $23,764 $134,672
2016 $2,774 $152,287 $22,843 $129,444
2015 $3,574 $220,585 $38,657 $181,928
2014 -- $216,265 $37,900 $178,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21094619

California Regional Multiple Listing Service (CRMLS)

APN: 3138-016-019