NOT LISTED FOR SALE

Estimated Value: $1,162,000 - $1,597,000

2 Beds
2 Baths
2,439 Sq Ft
$584/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $670,000 $275 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $8,615/month

9 Days on Market

Highlights

  • 4 Car Garage
  • Mark Twain Elementary School Rated A-
  • Front Yard

About This Home

As of July 2013

Great Location!! All units have Remodeled Kitchen with 3 of units have Granite counter tops and 1 unit has tile counter top, Remodeled Baths, New Roll-up Garage Doors with Garage Door Opener, Dual Pane windows, New copper plumbing, New Electrical, New Insulation in Attic, Laundry Room, and much, much more. All units are 1 Bedroom and 1 Bath and all are under Rent value.

Last Agent to Sell the Property

Gary Wright

Re/Max R. E. Specialists License #01058476 Listed on: 07/08/2013

Last Buyer's Agent

John Angel

Island Lenders Inc License #01857160

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,014

Year Built

  • Built in 1941

Lot Details

  • 7,755 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 2,439 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 12
  • Tax Tract Number 9832
  • Assessor Parcel Number 7182024011

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $360
  • Insurance Expense $1,180
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,853
  • Gross Income $3,800
  • Net Operating Income $34,227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,014

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Lakewood Village (LKVL)
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 7182024011
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 274.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7755.00
  • Lot Size Acres: 0.1780

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 3800.00
  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 1180.00
  • Lot Size Area: 7755.0000 Square Feet
  • Net Operating Income: 34227.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 10773.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7853.00
  • Tax Lot: 12
  • Tax Tract Number: 9832
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2013
Sold by
Harrison Scott C and Scott C Harrison Revocable Tru
Bought by
Sears Brent A and Sears Katherine A
Current Estimated Value
$1,423,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2001
Sold by
Harrison Scott C
Bought by
Harrison Scott C and Scott C Harrison Revocable Tru

Purchase Details

Closed on
Nov 16, 2000
Sold by
Taylor William
Bought by
Harrison Scott C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.67%

Purchase Details

Closed on
Jan 30, 1998
Sold by
Fair Charles E and Fair Dorla J
Bought by
Taylor William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.06%
Mortgage Type
VA
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
Sears Brent A $670,000 Prt
Harrison Scott C -- --
Harrison Scott C $285,000 North American Title Co
Taylor William $235,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sears Brent A $648,000
Previous Owner Sears Brent A $390,000
Previous Owner Harrison Scott C $142,703
Previous Owner Harrison Scott C $225,000
Previous Owner Harrison Scott C $228,000
Previous Owner Taylor William $46,472
Previous Owner Taylor William $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $670,000 -3.6% $275 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $695,000 -- $285 / 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 $11,014 $833,573 $490,338 $343,235
2024 $11,014 $817,229 $480,724 $336,505
2023 $10,826 $801,206 $471,299 $329,907
2022 $10,168 $785,497 $462,058 $323,439
2021 $9,960 $770,097 $452,999 $317,098
2019 $9,818 $747,598 $439,564 $308,034
2018 $9,503 $732,947 $430,946 $302,001
2016 $8,745 $704,162 $414,213 $289,949
2015 $8,399 $693,586 $407,992 $285,594
2014 $8,352 $680,000 $400,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13088598

California Regional Multiple Listing Service (CRMLS)

APN: 7182-024-011