NOT LISTED FOR SALE
6 Beds
2 Baths
1,760 Sq Ft
6,011 Sq Ft Lot

Sale Details

Date Sold: May 28, 2015

Last sale price $600,000 $341 Per Sq Ft

18 Days on Market

Highlights

  • 2 Car Attached Garage
  • Independence High School Rated A-
  • 1-Story Property

About This Home

As of May 2015

Looking for a great investment?? Look no further .... This (3/1 & 3/1) duplex *** Both long-term tenants *** Convenient location, near schools, shops and minutes to freeways 280/680/101 *** Drive by to take a look from outside, offers subject to inspections *** Please DO NOT disturb tenants ****

Last Agent to Sell the Property

Monica Pham

Pacificwide Real Estate & Mortgage License #01386567 Listed on: 03/04/2015

Last Buyer's Agent

Okie Chien

Pacificwide Real Estate & Mortgage License #01449346

Pacificwide Real Estate & Mortgage
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,011

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property

Additional Features

  • 6,011 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $43,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $100
  • Insurance Expense $900
  • Maintenance Expense $100
  • Trash Expense $720
  • Operating Expense $7,520
  • Gross Income $43,000

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

6,011 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1760
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 1760
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Drainage - Public Storage

Lot Info

  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 14.86
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 900
  • Expense Landscape: 100
  • Expense Maintenance: 100
  • Expenses Total: 7520
  • Expense Trash: 720
  • Income Annual Gross: 43000.00
  • Income Annual Rental: 43000
  • Income Gross Scheduled: 43000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Depreciation, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Sewer, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2015
Closed on
May 22, 2015
Sold by
Bought by
Seller's Agent
Monica Pham
Pacificwide Real Estate & Mortgage
Buyer's Agent
Okie Chien
Pacificwide Real Estate & Mortgage
List Price
$599,999
Sold Price
$600,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$314,529
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
7.75%

Purchase Details

Closed on
Apr 17, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 North American Title
$465,000 Old Republic Title Company
$340,000 North American Title Co Inc
$246,500 None Available
-- Chicago Title
-- Fidelity National Title Co
$475,000 Fidelity National Title Co
$148,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $420,000
Previous Owner $232,500
Previous Owner $255,000
Previous Owner $386,250
Previous Owner $422,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2015 05/28/15 Sold $600,000 0.0% $341 / Sq Ft
03/22/2015 03/22/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $599,999 -- $341 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,570 $735,519 $429,053 $306,466
2025 $12,308 $721,098 $420,641 $300,457
2024 $12,308 $706,960 $412,394 $294,566
2023 $12,037 $693,099 $404,308 $288,791
2022 $11,787 $679,510 $396,381 $283,129
2021 $11,335 $666,187 $388,609 $277,578
2020 $10,993 $659,357 $384,625 $274,732
2019 $10,644 $646,430 $377,084 $269,346
2018 $10,481 $633,756 $369,691 $264,065
2017 $10,495 $621,331 $362,443 $258,888
2016 $9,919 $609,149 $355,337 $253,812
2015 $7,929 $476,442 $225,413 $251,029
2014 -- $467,110 $220,998 $246,112
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81453545

MLSListings

APN: 481-30-005

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