NOT LISTED FOR SALE

Estimated Value: $673,000 - $996,000

5 Beds
2 Baths
1,500 Sq Ft
$514/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $450,000 $300 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,483/month

7 Days on Market

Highlights

  • 43,560 Sq Ft lot
  • Laundry Room
  • Horse Trails

About This Home

As of June 2018

Turn your ranch dreams into reality! Can not miss this opportunity to own your own horse property. A ranch with two homes on 1 acre. First home is 3bed 1bath second home is 2 bed 1 bath with garage plenty of storage own entrance driveway for each home. Ranch surrounded by so many fruit trees cactus also creates privacy You will have plenty of room for 4 to 6 horses in already built horse stalls . Beautiful open land with endless possibility. Close to freeway, schools, shopping best of both worlds.

Last Agent to Sell the Property

Amparo Gastelum

Max Real Estate License #01701696 Listed on: 04/12/2018

Co-Listed By

Jessica Gastelum

Max Real Estate License #02010148

Last Buyer's Agent

Amparo Gastelum

Max Real Estate License #01701696 Listed on: 04/12/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 1 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,500 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 405
  • Assessor Parcel Number 169210005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Horse Trails

Building Details

  • Electric Expense $120
  • Insurance Expense $150
  • Trash Expense $150
  • Water Sewer Expense $140
  • Operating Expense $290
  • Gross Income $25,000
  • Net Operating Income $250

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 140.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 169210005
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 300.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Horse Trails
  • Senior Community: No
  • Community Features: Horse Trails

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 43560.00

Multi Family

  • Average2 Bed Area: 750 Square Feet
  • Average3 Bed Area: 800 Square Feet
  • Electric Expense: 120.00
  • Gross Income: 25000.00
  • Gross Scheduled Income: 25000.00
  • Insurance Expense: 150.00
  • Net Operating Income: 250.00
  • Number Of Rented Garages: 1
  • Number Of Units Total: 2
  • Operating Expense: 150.00
  • Rent Control: No
  • Total Expenses: 290.00

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 0405-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 15, 2018
Sold by
Estrada Alberto R
Bought by
Morataya Edi Escobar
Seller's Agent
Amparo Gastelum
Max Real Estate
Buyer's Agent
Amparo Gastelum
Max Real Estate
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Current Estimated Value
$771,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,443
Avg. Annual Appreciation
7.40%
Original Mortgage
$250,000
Outstanding Balance
$215,752
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$555,691

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 14, 2018
Sold by
Escobar Yolanda Arce De
Bought by
Morataya Edi Escobar
Seller's Agent
Amparo Gastelum
Max Real Estate
Buyer's Agent
Amparo Gastelum
Max Real Estate
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$215,752
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$555,691

Purchase Details

Closed on
Apr 23, 2013
Sold by
Estrada Miguel and Estrada Adela
Bought by
Estrada Alberto R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,091
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 1997
Sold by
Hassan Abdulkarim S
Bought by
Estrada Alberto and Estrada Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,718
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 1995
Sold by
Rosales Lara Evelin C
Bought by
Hassan Abdulkarim S

Purchase Details

Closed on
Mar 14, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hassan Abdulkarim S

Purchase Details

Closed on
Nov 10, 1994
Sold by
Dawood Hasan Khalid Shaker and Dawood Hasan Iman
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Morataya Edi Escobar $450,000 Old Republic Title
Morataya Edi Escobar -- Old Republic Title
Estrada Alberto R -- Servicelink
Estrada Alberto $47,500 American Title Ins Co
Hassan Abdulkarim S -- Continental Lawyers Title Co
Hassan Abdulkarim S $40,500 Continental Lawyers Title Co
Federal Home Loan Mortgage Corporation $58,000 Northern Counties Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morataya Edi Escobar $250,000
Previous Owner Estrada Alberto R $204,091
Previous Owner Estrada Alberto $94,718
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2018 06/20/18 Sold $450,000 -9.8% $300 / Sq Ft
06/11/2018 06/11/18 Price Changed $499,000 0.0% $333 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $499,000 -- $333 / 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 $5,389 $512,016 $113,777 $398,239
2023 $5,389 $492,136 $109,360 $382,776
2022 $5,296 $482,487 $107,216 $375,271
2021 $5,258 $473,027 $105,114 $367,913
2020 $5,210 $468,178 $104,037 $364,141
2019 $5,091 $458,999 $101,998 $357,001
2018 $3,306 $296,487 $97,375 $199,112
2017 $3,272 $290,674 $95,466 $195,208
2016 $3,228 $284,976 $93,595 $191,381
2015 $3,185 $280,697 $92,190 $188,507
2014 $2,966 $275,200 $90,385 $184,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18088683

California Regional Multiple Listing Service (CRMLS)

APN: 169-210-005