NOT LISTED FOR SALE

Estimated Value: $853,000 - $1,240,846

6 Beds
4 Baths
2,569 Sq Ft
$414/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $499,000 $194 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $6,220/month

14 Days on Market

About This Home

As of July 2013

***STANDARD SALE*** Excellent Opportunity to Purchase a Duplex Income Property in a Wonderful Quiet Neighborhood! ***Large Square Footage...county records shows 2569 sq ft on a 7055 sq ft Lot! ***Both units have just been REMODELED w/ ***Brand New GRANITE! ***Brand New CABINETS!!! ***Brand New Appliances! ***Brand New Paint!! ***Brand New Carpet!! One unit is estimated to rent at $1900.00/month & the other unit is estimated to rent at $1800.00/month for a total of $3,700.00 or more each month for an ANNUAL est INCOME OF $44,400.00 or More...Year After Year of steady income! Close to Great Schools & Parks!! Excellent freeway access for commuting. Quick Response to all offers. Hurry, will sell fast!***

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 05/24/2013

Last Buyer's Agent

VINCENT TRINH

CENTURY 2000 REAL ESTATE CORP License #01134367

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,134

Year Built

  • Built in 1938

Lot Details

  • 7,055 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 2,569 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 152
  • Tax Tract Number 3479
  • Assessor Parcel Number 5218020043

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,134

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5218020043
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 194.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7055.00
  • Lot Size Acres: 0.1620

Multi Family

  • Gross Income: 3700.00
  • Gross Scheduled Income: 44400.00
  • Lot Size Area: 7055.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 152
  • Tax Tract Number: 3479
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2013
Closed on
Jun 10, 2013
Sold by
Rancho Horizon Llc
Bought by
Lu Mei Ho and Lu Angela Bree
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
VINCENT TRINH
CENTURY 2000 REAL ESTATE CORP
List Price
$519,000
Sold Price
$499,000
Premium/Discount to List
-$20,000
-3.85%
Current Estimated Value
$1,064,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,212
Avg. Annual Appreciation
6.38%
Original Mortgage
$364,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2013
Sold by
Quinonez Damazo
Bought by
Rancho Horizon Llc

Purchase Details

Closed on
Mar 29, 2011
Sold by
Quinonez Damazo
Bought by
Quinonez Damazo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2004
Sold by
Quinonez Alma G
Bought by
Quinonez Damazo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2000
Sold by
Patin Gerald J and Patin Family Living Trust
Bought by
Quinonez Damazo and Quinonez Alma G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,020
Interest Rate
8.3%
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
Lu Mei Ho $470,000 Ticor Title Riverside
Rancho Horizon Llc $337,500 Accommodation
Quinonez Damazo -- First American Title Company
Quinonez Damazo -- Southland Title Corporation
Quinonez Damazo $238,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Mei Ho $364,000
Previous Owner Quinonez Damazo $227,000
Previous Owner Quinonez Damazo $235,000
Previous Owner Quinonez Damazo $214,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $499,000 -3.9% $194 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $519,000 -- $202 / 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 $7,134 $576,147 $367,754 $208,393
2024 $7,134 $564,851 $360,544 $204,307
2023 $6,999 $553,776 $353,475 $200,301
2022 $6,680 $542,919 $346,545 $196,374
2021 $6,588 $532,274 $339,750 $192,524
2020 $6,649 $526,817 $336,267 $190,550
2019 $6,393 $516,488 $329,674 $186,814
2018 $6,271 $506,361 $323,210 $183,151
2016 $5,973 $486,700 $310,660 $176,040
2015 $5,887 $479,390 $305,994 $173,396
2014 $5,915 $470,000 $300,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13097485

California Regional Multiple Listing Service (CRMLS)

APN: 5218-020-043