NOT LISTED FOR SALE
4 Beds
-- Bath
1,560 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: November 22, 2013

Last sale price $500,000 $321 Per Sq Ft

112 Days on Market

Highlights

  • Neighborhood Views
  • Carpet
  • 1-Story Property

About This Home

As of November 2013

LOCATION LOCATION LOCATION! | PERFECT INVESTMENT PROPERTY | 2 UNITS - BOTH 2 BEDROOMS AND 1 BATHS | 1 CAR GARAGE AND 2 CAR CARPORT | EASY ACCESS TO HWY 101 AND HWY 17 | ADDRESSES ARE 496 AND 498 MADERA AVE | ADDITIONAL RENTAL INCOME FROM VACANT LAND!

Last Agent to Sell the Property

BurksWinzelerREGroup

Coldwell Banker Realty License #70024139 Listed on: 07/17/2013

Last Buyer's Agent

Nancy Do Hoang

Capital Asset Enterprise, Inc. License #01388696

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 8,276

Parking

  • Carport

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Neighborhood Views

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $31,200
  • The owner pays for garbage, services - gardener/landscaping

Community Details

Overview

  • 1,560 Sq Ft Building

Building Details

  • Operating Expense $5,019
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Zoning: LI
  • Subclass: Duplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 320.51
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1560
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Living Sq Ft: 1560
  • Stories: 1
  • Laundry: Laundry - No
  • Flooring: Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Carport

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8695.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8695.00
  • Lot Size Area Min Search: 8695.00
  • Maximum Lot Size: 8695.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.80

Multi Family

  • Expenses Total: 5019
  • Income Annual Gross: 34800.00
  • Income Annual Rental: 31200
  • Income Gross Scheduled: 34800
  • Income Includes: Lease
  • Income Other: 3600
  • Maximum Building Height: 1
  • Meters: Separate Electric
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Fee - Property Management
  • Owner Pays: Garbage, Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Heating, Cable Tv, Utilities - Electric

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

Closed on
May 26, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 2014
Sold by
Bought by

Purchase Details

Listed on
Jul 17, 2013
Closed on
Nov 19, 2013
Sold by
Bought by
Seller's Agent
BurksWinzelerREGroup
Coldwell Banker Realty
Buyer's Agent
Nancy Do Hoang
Capital Asset Enterprise, Inc.
List Price
$499,888
Sold Price
$500,000
Premium/Discount to List
$112
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$127,311
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2013
Closed on
Oct 21, 2013
Sold by
Bought by
Seller's Agent
BurksWinzelerREGroup
Coldwell Banker Realty
Buyer's Agent
Nancy Do Hoang
Capital Asset Enterprise, Inc.
List Price
$499,888
Sold Price
$500,000
Premium/Discount to List
$112
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$127,311
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 2000
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
$296,000
Interest Rate
8.53%

Purchase Details

Closed on
Feb 22, 2000
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
-- None Available
-- None Available
-- Old Republic Title Company
$500,000 Old Republic Title Company
-- --
$370,000 Old Republic Title Company
-- --
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 $270,000
Closed $270,000
Previous Owner $165,000
Previous Owner $257,323
Previous Owner $291,500
Previous Owner $296,000
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
11/22/2013 11/22/13 Sold $500,000 0.0% $321 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $499,888 -- $320 / 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 $9,811 $625,180 $462,635 $162,545
2025 $9,332 $612,922 $453,564 $159,358
2024 $9,332 $600,905 $444,671 $156,234
2023 $9,112 $589,123 $435,952 $153,171
2022 $9,018 $577,572 $427,404 $150,168
2021 $8,767 $566,248 $419,024 $147,224
2020 $8,486 $560,443 $414,728 $145,715
2019 $8,265 $549,455 $406,597 $142,858
2018 $8,155 $538,682 $398,625 $140,057
2017 $8,072 $528,120 $390,809 $137,311
2016 $7,882 $517,766 $383,147 $134,619
2015 $7,821 $509,989 $377,392 $132,597
2014 $6,915 $500,000 $370,000 $130,000
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81325881

MLSListings

APN: 235-16-065

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