NOT LISTED FOR SALE

Estimated Value: $404,969 - $538,000

6 Beds
4 Baths
2,588 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 25, 2014

Last sale price $187,000 $72 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,918/month

9 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Laundry Room
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan

About This Home

As of February 2014

Corner lot Nice 4 units fully occupied, front house has 2 bedrooms and 1 bath, kitchen and living room and a separate room for the washer and dryer. 2nd unit has 2 bedrooms and 1 bath kitchen and living room and lots of storage room along with washer and dryer area. 3rd unit with one bedroom, bath and a kitchen, and 1 unit is a studio with brand new paint hardwood floor, bath and kitchen and also 2 closets, all the units been paint inside and change to new carpet 2 years ago, they are in a good condition, great tenants they been there for the last 3 years except the one in the studio. total of 6 bedrooms and 4 baths, total living area is 2589. Also has a 3 car carport, and a huge yard with lemon trees. Low tax rate. This is a great opportunity for an investor or anyone who will take advantage of good opportunities. This won't last, drive by only.

Last Agent to Sell the Property

Sara Doyle

Realty Masters & Associates License #01744198 Listed on: 02/25/2014

Realty Masters & Associates

Last Buyer's Agent

Pete Anagnos

PGA REALTY License #00981784

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1939

Lot Details

  • 0.28 Acre Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 2,588 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport
  • Gas Dryer Hookup

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 6
  • Tax Tract Number 43600
  • Assessor Parcel Number 437172006

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,370
  • Trash Expense $540
  • Water Sewer Expense $1,680
  • New Taxes Expense $1,500
  • Gross Income $2,300
  • Net Operating Income $22,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 1680.00
  • Property Type: Residential Income
  • Parcel Number: 437172006
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 72.26
  • Room Type: Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Carport
  • Trash Expense: 540.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 597
  • Average2 Bed Area: 840
  • Average3 Bed Area: 812
  • Average Studio Area: 336
  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 1370.00
  • Lot Size Area: 12197.0000 Square Feet
  • Net Operating Income: 22510.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 5090.00
  • Rent Control: No
  • Total Actual Rent: 2300.00

Tax Info

  • New Taxes Expense: 1500.00
  • Tax Lot: 6
  • Tax Tract Number: 43600
  • Tax Annual Amount: 1400.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2014
Closed on
Feb 3, 2014
Sold by
Doyle Edward L and Doyle Sara
Bought by
Anagnos Properties Llc
Seller's Agent
Sara Doyle
Realty Masters & Associates
Buyer's Agent
Pete Anagnos
PGA REALTY
List Price
$194,900
Sold Price
$187,000
Premium/Discount to List
-$7,900
-4.05%
Current Estimated Value
$496,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,492
Avg. Annual Appreciation
9.17%

Purchase Details

Closed on
Sep 28, 2010
Sold by
Doyle Edward L
Bought by
Doyle Edward L and Doyle Sara

Purchase Details

Closed on
Jul 22, 2010
Sold by
Doyle Sara
Bought by
Doyle Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2010
Sold by
Carrasco Rosa
Bought by
Doyle Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2006
Sold by
Carrasco Rosa
Bought by
Carrasco Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2002
Sold by
Alderman Matthew A and Alderman Karen D
Bought by
Rodriguez Lucio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,960
Interest Rate
6.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2000
Sold by
V L P Trust Deed Company
Bought by
Alderman Matthew S and Alderman Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,277
Interest Rate
7.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 1997
Sold by
Kessel Betty Jane and Roodney Mickey
Bought by
V I P Trust Deed Company
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
Anagnos Properties Llc $187,000 Lawyers Title Riverside
Doyle Edward L -- Accommodation
Doyle Edward L -- Stewart Title Riverside
Doyle Edward L $105,000 Stewart Title Riverside
Carrasco Rosa -- Old Republic Title Co O C
Rodriguez Lucio $190,000 Orange Coast Title
Alderman Matthew S $104,500 Orange Coast Title
V I P Trust Deed Company $65,505 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doyle Edward L $78,750
Previous Owner Carrasco Rosa $325,000
Previous Owner Rodriguez Lucio $180,000
Previous Owner Rodriguez Lucio $151,960
Previous Owner Alderman Matthew S $104,277
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2014 02/25/14 Sold $187,000 -4.1% $72 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $194,900 -- $75 / 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 $2,790 $229,222 $55,156 $174,066
2023 $2,790 $220,322 $53,015 $167,307
2022 $2,726 $216,003 $51,976 $164,027
2021 $2,683 $211,768 $50,957 $160,811
2020 $2,664 $209,598 $50,435 $159,163
2019 $2,616 $205,490 $49,447 $156,043
2018 $2,568 $201,462 $48,478 $152,984
2017 $2,518 $197,513 $47,528 $149,985
2016 $2,407 $193,642 $46,597 $147,045
2015 $2,366 $190,736 $45,899 $144,837
2014 $1,425 $109,736 $31,353 $78,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14013436

California Regional Multiple Listing Service (CRMLS)

APN: 437-172-006