NOT LISTED FOR SALE

Estimated Value: $900,000 - $1,164,000

7 Beds
6 Baths
3,794 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $600,000 $158 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,195/month

Highlights

  • No HOA
  • Central Air
  • 4-minute walk to Pleasant Valley Park

About This Home

As of June 2016

Just reduced for quick close! Great triplex opportunity for investor. Solid bread and butter units w/longer term stable tenants. Nice remodeling was done for 3/2 unit 3 years ago. Street to alley lot w/three 2-car garages. All units have fireplaces. One 3br+2ba and two 2br+2ba. No rent control. Subject to inspection.

Last Agent to Sell the Property

Hannah Yin

Beverly and Company License #01496767 Listed on: 04/12/2016

Beverly and Company

Last Buyer's Agent

Jesse Perez

Pinnacle Estate Properties License #01414689

Pinnacle Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,474

Year Built

  • Built in 1964

Lot Details

  • 6,000 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,794 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 87
  • Tax Tract Number 1620
  • Assessor Parcel Number 2220142065

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $3,000
  • Trash Expense $200
  • New Taxes Expense $5,000
  • Gross Income $4,100
  • Net Operating Income $46,248

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,474

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 2220142065
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 158.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6000.00
  • Price Per Lot Square Foot: 100.00

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 3000.00
  • Net Operating Income: 46248.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 2952.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 87
  • Tax Tract Number: 1620.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 10, 2016
Sold by
Ye Rongsen and Xue Mingmei
Bought by
The Isabel G Feinbloom Trust and Feinbloom Isabel G
Seller's Agent
Hannah Yin
Beverly and Company
Buyer's Agent
Jesse Perez
Pinnacle Estate Properties
List Price
$649,000
Sold Price
$600,000
Premium/Discount to List
-$49,000
-7.55%
Current Estimated Value
$1,030,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,126
Avg. Annual Appreciation
6.02%
Original Mortgage
$450,000
Outstanding Balance
$359,583
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$670,567

Purchase Details

Closed on
May 29, 2015
Sold by
Ye Rongsen and Xue Mingmei
Bought by
The Rongsen Ye & Mingmei Xue Living Trus and Xue Mingmei

Purchase Details

Closed on
Apr 22, 2010
Sold by
Garcia G Pablo and Garcia Carmen M
Bought by
Ye Rongsen and Xue Ming Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2006
Sold by
Ddmj Development Llc
Bought by
Garcia G Pablo and Garcia Carmen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,200
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2006
Sold by
Christian Daniel B and Christian Deborah S
Bought by
Ddmj Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,200
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2006
Sold by
Keltner Donald H
Bought by
Christian Daniel B and Christian Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,200
Interest Rate
5.87%
Mortgage Type
New Conventional
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
The Isabel G Feinbloom Trust $600,000 Lawyers Title Company
The Rongsen Ye & Mingmei Xue Living Trus -- None Available
Ye Rongsen $410,000 Consumers Title Company
Garcia G Pablo $759,000 Provident Title Company
Ddmj Development Llc -- Provident Title
Christian Daniel B -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Isabel G Feinbloom Trust $450,000
Previous Owner Ye Rongsen $307,500
Previous Owner Garcia G Pablo $607,200
Previous Owner Christian Daniel B $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $600,000 -7.6% $158 / Sq Ft
05/08/2016 05/08/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $649,000 -- $171 / 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 $8,474 $710,272 $355,137 $355,135
2024 $8,474 $696,346 $348,174 $348,172
2023 $7,974 $682,693 $341,347 $341,346
2022 $7,810 $669,307 $334,654 $334,653
2021 $7,907 $656,184 $328,092 $328,092
2020 $8,053 $649,458 $324,729 $324,729
2019 $7,811 $636,724 $318,362 $318,362
2018 $7,523 $624,240 $312,120 $312,120
2017 $7,279 $612,000 $306,000 $306,000
2016 $5,327 $459,958 $151,515 $308,443
2015 $5,410 $453,051 $149,240 $303,811
2014 $5,312 $444,159 $146,311 $297,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16077616

California Regional Multiple Listing Service (CRMLS)

APN: 222-0-142-065