NOT LISTED FOR SALE

Estimated Value: $641,000 - $931,000

4 Beds
2 Baths
-- Sq Ft
6,120 Sq Ft Lot

Last Sold December 13, 2018

Last sale price $555,000

Est. 34% increase in value since last sale

Current estimated payment $4,598/month

95 Days on Market

Highlights

  • Tile Flooring
  • 1-Story Property
  • 2-minute walk to W. Lathrop Memorial Park

About This Home

As of December 2018

Nicely updated duplex in great neighborhood. Both units are 2 + 1 with a shared 2 car garage. Rents are currently $1,550 & $1,600 (Projected Rents: $1,700) Both tenants are month to month. Upside in rents make this a great opportunity to maximize value.

Last Agent to Sell the Property

David Covarrubias

COVA Realty License #01248626 Listed on: 08/28/2018

Last Buyer's Agent

Jose Vazquez

Alert Realty License #01274024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,712

Year Built

  • Built in 1948

Lot Details

  • 6,120 Sq Ft Lot
  • No Common Walls
  • Land Lease

Parking

  • 2 Car Garage

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1-Story Property
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, water, trash collection, gas, electricity
  • Assessor Parcel Number 2040092220

Community Details

Overview

  • 2 Units
  • Elm Park 0352 Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,712

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 2040092220
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 462.89

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Appliances: Gas Water Heater

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6120.00
  • Lot Size Acres: 0.1405

Rental Info

  • Tenant Pays: Cable TV, Water, Trash Collection, Gas, Electricity

Multi Family

  • Average2 Bed Area: 648 Square Feet
  • Lot Size Area: 6120.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Rivera Sixto and Rivera Nora
Bought by
Rivera Sixto and Rivera Nora
Current Estimated Value
$743,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,327
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 28, 2018
Closed on
Nov 5, 2018
Sold by
Perez Fernando R and Perez Cheristine
Bought by
Rivera Sixto and Rivera Nora
Seller's Agent
David Covarrubias
COVA Realty
Buyer's Agent
Jose Vazquez
Alert Realty
List Price
$599,900
Sold Price
$555,000
Premium/Discount to List
-$44,900
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$544,947
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2003
Sold by
Perez Fernando R and Perez Christine
Bought by
Perez Fernando R and Perez Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1999
Sold by
Perez Fernando Christine
Bought by
Perez Fernando J and Perez Christine
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
Rivera Sixto -- Lawyers Title
Rivera Sixto $555,000 First American Title Co
Perez Fernando R -- --
Perez Fernando R -- --
Perez Fernando J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Sixto $542,327
Previous Owner Rivera Sixto $544,947
Previous Owner Perez Fernando R $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $555,000 -7.5% --
12/01/2018 12/01/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $599,900 -- --
Source: Ventura County Regional Data Share

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 $7,712 $642,667 $382,285 $260,382
2024 $7,712 $630,066 $374,789 $255,277
2023 $7,429 $617,712 $367,440 $250,272
2022 $7,204 $605,600 $360,235 $245,365
2021 $6,967 $571,964 $309,170 $262,794
2020 $7,096 $566,100 $306,000 $260,100
2019 $6,896 $555,000 $300,000 $255,000
2018 $707 $52,690 $18,260 $34,430
2017 $673 $51,657 $17,902 $33,755
2016 $651 $50,645 $17,551 $33,094
2015 $657 $49,887 $17,289 $32,598
2014 $651 $48,911 $16,951 $31,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-218010880

Ventura County Regional Data Share

APN: 204-0-092-220