NOT LISTED FOR SALE

460 Lewis St King City, CA 93930

Estimated Value: $583,000 - $782,000

4 Beds
4 Baths
2,224 Sq Ft
$294/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $349,900 $157 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,769/month

186 Days on Market

Highlights

  • High Ceiling
  • Forced Air Heating System
  • Level Lot
  • Laundry Room
  • Fenced
  • Carpet

About This Home

As of February 2017

This two-story, California style home has a beautiful exterior with dramatic side porch entry, tile roof, and a second-story balcony. This lot offers a very unique opportunity to own a property with a second residence located over the garage. In the main house, the downstairs includes separate living and dining rooms. Large kitchen features ample cabinetry and great counter space. The upstairs master suite features a huge walk-in closet and private bath with double vanity. A unique carriage house in rear offers a completely separate unit. The upstairs living space offers an open, airy great room and kitchen which lead to a nice, covered balcony with great views. The private bedroom has a full bath and his and hers closets. Underneath, a two car garage for the main unit and single garage for the carriage house unit.

Last Agent to Sell the Property

Grace Borzini

Oak Shores Realty License #01235944 Listed on: 07/22/2016

Last Buyer's Agent

Lynnie Oliveira

Buttgereit Pettitt & Davis Agency License #00645576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,580

Year Built

  • 2016

Lot Details

  • 6,665 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,224 Sq Ft Home
  • High Ceiling
  • Fire Sprinkler System

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $28,800

Community Details

Overview

  • 2,224 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,100
  • Trash Expense $480
  • Operating Expense $7,278
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,580

Year Built

2016

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2224
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2016

Interior Features

  • Kitchen: 220 Volt Outlet, Dishwasher, Garbage Disposal, Oven Range - Gas
  • Living Sq Ft: 2224
  • Security: Fire System - Sprinkler
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Arboleda
  • HOA Fees: 50
  • HOA Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: South Monterey County Joint Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1530
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6672.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6672.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 12.15

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1100
  • Expense Landscape: 1200
  • Expenses Total: 7278
  • Expense Trash: 480
  • Income Annual Gross: 28800.00
  • Income Annual Rental: 28800
  • Income Gross Scheduled: 28800
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Feb 23, 2017
Sold by
Nino Homes At Arboleda Inc
Bought by
Chavez Silva Juan Manuel Paramo and Chavez Paramo Marilynn
Seller's Agent
Grace Borzini
Oak Shores Realty
Buyer's Agent
Lynnie Oliveira
Buttgereit Pettitt & Davis Agency
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$621,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,612
Avg. Annual Appreciation
7.05%
Original Mortgage
$332,405
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2016
Sold by
Nino Family Lp
Bought by
Nino Homes At Arboleda Inc

Purchase Details

Closed on
Jul 30, 2012
Sold by
Atc Realty Sixteen Inc
Bought by
Nino Family Ii Lp

Purchase Details

Closed on
Apr 7, 2011
Sold by
Creekbridge Homes Llc
Bought by
Atc Realty Sixteen Inc
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
Chavez Silva Juan Manuel Paramo $350,000 Chicago Title Company
Nino Homes At Arboleda Inc $420,000 Chicago Title Company
Nino Family Ii Lp $2,275,000 First American Title Ins Co
Atc Realty Sixteen Inc $4,680,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Juan Manuel Paramo $325,000
Closed Chavez Silva Juan Manuel Paramo $332,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $349,900 0.0% $157 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $349,900 0.0% $157 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
09/19/2016 09/19/16 Price Changed $349,900 -2.8% $157 / Sq Ft
07/22/2016 07/22/16 For Sale $359,900 -- $162 / Sq Ft
Source: MLSListings

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 $4,580 $406,081 $116,056 $290,025
2024 $4,580 $398,120 $113,781 $284,339
2023 $4,648 $390,314 $111,550 $278,764
2022 $4,381 $382,662 $109,363 $273,299
2021 $4,184 $375,160 $107,219 $267,941
2020 $6,805 $371,314 $106,120 $265,194
2019 $6,693 $364,035 $104,040 $259,995
2018 $6,615 $356,898 $102,000 $254,898
2017 $3,788 $332,400 $20,400 $312,000
2016 $49 $3,744 $3,744 $0
2015 $49 $3,688 $3,688 $0
2014 -- $3,616 $3,616 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81596672

MLSListings

APN: 026-617-007-000