NOT LISTED FOR SALE

Estimated Value: $1,844,306

-- Bed
-- Bath
4,136 Sq Ft
$446/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $995,000 $241 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $10,992/month

93 Days on Market

About This Home

As of August 2014

Excellent investment property for a commercial owner user. The building has 4,136 square feet plus the added benefit of 10 parking spaces. It is right across the street from Recreation Park Golf Course and has great views. It is on a busy street for really good building visibility.

Last Agent to Sell the Property

Kristie Pabst

Pabst, Kinney & Associates License #00804122 Listed on: 06/08/2014

Last Buyer's Agent

Spencer Pabst

Pabst, Kinney & Associates License #01849377

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 8,501 Sq Ft Lot
  • Two or More Common Walls
  • Corners Of The Lot Have Been Marked

Home Design

  • 4,136 Sq Ft Home
  • Property Attached

Parking

  • 10 Parking Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 7220016012

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $6,236

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • Property Type: Residential Income
  • Parcel Number: 7220016012
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 240.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Corners Marked
  • Lot Size Sq Ft: 8501.00
  • Lot Size Acres: 0.1950

Multi Family

  • Gross Income: 6236.00
  • Gross Scheduled Income: 78833.00
  • Lot Size Area: 8501.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 11
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2014
Closed on
Jul 10, 2014
Sold by
Sachs Bernard A
Bought by
Lbc Ventures Llc
Seller's Agent
Kristie Pabst
Pabst, Kinney & Associates
Buyer's Agent
Spencer Pabst
Pabst, Kinney & Associates
List Price
$1,100,000
Sold Price
$995,000
Premium/Discount to List
-$105,000
-9.55%
Current Estimated Value
$1,844,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$849,306
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
Jan 19, 2005
Sold by
Kalush Trudy and Walker Darren
Bought by
Sachs Bernard A

Purchase Details

Closed on
Apr 16, 2001
Sold by
Lollie Jacque
Bought by
Walker Darren

Purchase Details

Closed on
Nov 16, 2000
Sold by
Gordon Stephen Ellis and Gordon Linda S
Bought by
Kalush Trudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lbc Ventures Llc $985,000 Fidelity National Title Co
Sachs Bernard A $995,000 Chicago Title
Walker Darren -- North American Title Co
Kalush Trudy $520,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalush Trudy $364,000
Closed Kalush Trudy $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2014 08/08/14 Sold $995,000 -9.5% $241 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $1,100,000 -- $266 / 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 $15,932 $1,183,812 $516,790 $667,022
2024 $15,932 $1,160,601 $506,657 $653,944
2023 $15,605 $1,137,845 $496,723 $641,122
2022 $14,666 $1,115,535 $486,984 $628,551
2021 $14,354 $1,093,663 $477,436 $616,227
2019 $14,150 $1,061,226 $463,276 $597,950
2018 $13,690 $1,040,419 $454,193 $586,226
2016 $12,598 $1,000,020 $436,557 $563,463
2015 $12,103 $985,000 $430,000 $555,000
2014 -- $1,131,399 $449,148 $682,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14074316

California Regional Multiple Listing Service (CRMLS)

APN: 7220-016-012