NOT LISTED FOR SALE

Estimated Value: $682,000 - $808,000

4 Beds
2 Baths
1,607 Sq Ft
$472/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $300,000 $187 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $4,352/month

103 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of February 2014

Nice 2 units. Live in one and rent the other. Need to see them to appreciate.
Both Units are 2 Bedroom and 1 Bathroom. Two separate buildings.
Second Unit is rented for $1200, but It will be vacant at Close of Escrow. Income from rent could be higher.
Seller really motivated. Please send offer and EMD together. FHA Offers are welcome

Last Agent to Sell the Property

Herbert Medrano

First Family Homes License #01719453 Listed on: 11/17/2013

Last Buyer's Agent

Herbert Medrano

First Family Homes License #01719453 Listed on: 11/17/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 5,402 Sq Ft Lot
  • No Common Walls
  • Fence is in fair condition

Parking

  • 1 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,607 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 55
  • Tax Tract Number 2393
  • Assessor Parcel Number 6011013007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $60
  • Insurance Expense $35
  • Trash Expense $25
  • Water Sewer Expense $40
  • Gross Income $1,200
  • Net Operating Income $1,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 40.00
  • Property Type: Residential Income
  • Parcel Number: 6011013007
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 186.68
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fencing: Fair Condition
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 25.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Preserve/Public Land

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5402.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 60.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 1200.00
  • Insurance Expense: 35.00
  • Lot Size Area: 5402.0000 Square Feet
  • Net Operating Income: 1080.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 120.00
  • Operating Expense Percent: 8.00
  • Rent Control: No
  • Total Actual Rent: 2500.00

Tax Info

  • Tax Lot: 55
  • Tax Tract Number: 2393
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2013
Closed on
Jan 29, 2014
Sold by
Hernandez Juan Miguel and Hernandez Rosa Elena
Bought by
Felix Jorge and Felix Maria Isabel
Seller's Agent
Herbert Medrano
First Family Homes
Buyer's Agent
Herbert Medrano
First Family Homes
List Price
$359,000
Sold Price
$300,000
Premium/Discount to List
-$59,000
-16.43%
Current Estimated Value
$757,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,976
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Sep 13, 2012
Sold by
Hernandez Rosa Elena and Hernandez Nidia M
Bought by
Hernandez Juan Miguel and Hernandez Rosa Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2007
Sold by
Hernandez Rosa Elena
Bought by
Hernandez Rosa Elena and Hernandez Nidia M

Purchase Details

Closed on
May 4, 1999
Sold by
Jones Anna Living Trust
Bought by
Hernandez Rosa Elena

Purchase Details

Closed on
Aug 17, 1995
Sold by
Jones Anna T
Bought by
Jones Anna T and The Anna T Jones Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Felix Jorge $300,000 Lawyers Title
Hernandez Juan Miguel -- Ortc
Hernandez Rosa Elena -- None Available
Hernandez Rosa Elena -- --
Jones Anna T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Juan Miguel $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $300,000 -16.4% $187 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
11/17/2013 11/17/13 For Sale $359,000 -- $223 / 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 $4,667 $367,747 $245,166 $122,581
2024 $4,667 $360,537 $240,359 $120,178
2023 $4,581 $353,469 $235,647 $117,822
2022 $4,374 $346,539 $231,027 $115,512
2021 $4,316 $339,746 $226,498 $113,248
2020 $4,355 $336,263 $224,176 $112,087
2019 $4,191 $329,671 $219,781 $109,890
2018 $4,088 $323,208 $215,472 $107,736
2016 $3,897 $310,659 $207,106 $103,553
2015 $3,842 $305,994 $203,996 $101,998
2014 $2,643 $199,617 $110,876 $88,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13233109

California Regional Multiple Listing Service (CRMLS)

APN: 6011-013-007