NOT LISTED FOR SALE

Estimated Value: $1,030,978 - $1,270,000

9 Beds
7 Baths
4,006 Sq Ft
$295/Sq Ft Est. Value

Last Sold May 06, 2014

Last sale price $470,000 $117 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $7,033/month

65 Days on Market

Highlights

  • Laundry Room
  • 4 Detached Carport Spaces
  • 4 Car Garage
  • Citrus Valley High School Rated A
  • Central Heating

About This Home

As of May 2014

GREAT 4 UNIT INCOME PROPERTY !!! With 4006 Sqft building contains 4 UNITS with 3 Bedrooms and 2 Bathrooms and small patio yard, 2 units have 2 Bedrooms and 2 Bathrooms with patios or decks, and the fourth unit is a giant 2 Bedroom 1 Bathroom unit with a large deck. All units have central air conditioning and heating. Each unit has its own one car garage and a separate carport. All units are rented :)

Last Agent to Sell the Property

Chandra Kusmanto

Exp Realty of California Inc License #01714745 Listed on: 12/11/2013

Exp Realty of California Inc

Last Buyer's Agent

Robert Young

CENTURY 21 MASTERS License #01312622

CENTURY 21 MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • No Common Walls

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 4 Detached Carport Spaces
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Home Design

  • 4,006 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10142
  • Assessor Parcel Number 0167271320000

Community Details

Overview

  • 4 Units
  • Mountain View Apartment Association, Phone Number (951) 682-5454

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $900
  • Insurance Expense $1,200
  • Other Expense $3,600
  • Professional Management Expense $325
  • Water Sewer Expense $1,800
  • New Taxes Expense $6,270
  • Operating Expense $14,695
  • Gross Income $3,950
  • Net Operating Income $32,705

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,895

Year Built

Built in 1985

Lot Details

0

HOA Fees

$300 per month

Parking

4

Listing Details

  • CapRate: 6.88
  • Professional Management Expense: 325.00
  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 0167271320000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 117.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Garage, Garage - Single Door
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Mountain View Apartment
  • Phone: 951-682-5454
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 12250.00
  • Lot Size Acres: 0.2810

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 900.00
  • Gross Income: 3950.00
  • Gross Operating Income: 47400.00
  • Gross Scheduled Income: 47400.00
  • Insurance Expense: 1200.00
  • Laundry Income: 50.00
  • Lot Size Area: 12250.0000 Square Feet
  • Net Operating Income: 32705.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14695.00
  • Other Expense: 3600.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Expenses: 14695.00

Tax Info

  • New Taxes Expense: 6270.00
  • Tax Lot: 1
  • Tax Tract Number: 10142
  • Tax Annual Amount: 3895.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2018
Sold by
Chen Di and Xu Bing
Bought by
Chen Di and Xu Bing
Current Estimated Value
$1,179,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Outstanding Balance
$399,191
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$780,804

Purchase Details

Closed on
Feb 22, 2018
Sold by
Chen Di and Xu Bing
Bought by
Chen Di and Xu Bing

Purchase Details

Closed on
Feb 27, 2014
Sold by
Kusmanto Chandra
Bought by
Chen Di and Xu Bing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,800
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 14, 2012
Closed on
Oct 18, 2012
Sold by
Kusmanto Linda Lo
Bought by
Kusmanto Chandra
Seller's Agent
Dionisio Vallejos
SMART SELL REAL ESTATE
Buyer's Agent
Dionisio Vallejos
SMART SELL REAL ESTATE
List Price
$320,000
Sold Price
$295,000
Premium/Discount to List
-$25,000
-7.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$191,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2012
Sold by
Soriano Cesar R and Soriano Violeta P
Bought by
Kusmanto Chandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2006
Sold by
Trummeter Robert and Dongell Richard A
Bought by
Soriano Cesar R and Soriano Violeta P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,400
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 3, 2005
Sold by
Trummeter Robert
Bought by
Trummeter Robert and Dongell Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,150
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 24, 2003
Sold by
Lynn Eugene Jr John and Lynn Eugene Karyl
Bought by
Trummeter Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 1999
Sold by
Latham Terrence N
Bought by
Lynn Eugene Jr John and Lynn Eugene Karyl

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
7.72%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Latham Maryla Slava
Bought by
Latham Terrence N

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
7.72%

Purchase Details

Closed on
Oct 14, 1999
Sold by
Morequity Inc
Bought by
Latham Terrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.95%

Purchase Details

Closed on
Jun 21, 1999
Sold by
Smith Rico
Bought by
Morequity Inc

Purchase Details

Closed on
Mar 23, 1999
Sold by
Eexcel Communities I Lp
Bought by
Eexcel Redlands Lp

Purchase Details

Closed on
Feb 26, 1999
Sold by
Loughnane Patrick V V
Bought by
Eexcel Communities I Lp

Purchase Details

Closed on
Jul 8, 1998
Sold by
Lanco Exchange Inc
Bought by
Patrick V & Maeve Loughnane Family Trust

Purchase Details

Closed on
Sep 16, 1997
Sold by
Granite Five Llc
Bought by
Harris Carl

Purchase Details

Closed on
Sep 15, 1997
Sold by
Smith Natasha K
Bought by
Smith Rico

Purchase Details

Closed on
Apr 13, 1997
Sold by
Harris Carl
Bought by
Smith Rico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
7.5%

Purchase Details

Closed on
Jul 22, 1996
Sold by
Colony Fbp Partners Lp
Bought by
Granite Five Llc

Purchase Details

Closed on
May 6, 1996
Sold by
Loughnane Patrick V and Loughnane Maeve
Bought by
Colony Fbp Partners Lp
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
Chen Di -- Old Republic Title Company
Chen Di -- None Available
Chen Di $470,000 Chicago Title Co Misc
Kusmanto Chandra -- Investors Title Company
Kusmanto Chandra $295,000 Investors Title Company
Soriano Cesar R $663,000 Transunion Title & Escrow
Trummeter Robert -- Transunion Title & Escrow
Trummeter Robert $307,000 Fidelity National Title
Lynn Eugene Jr John $340,000 Gateway Title Company
Latham Terrence N -- American Title
Latham Terrence $170,000 American Title
Morequity Inc $151,910 First Southwestern Title Co
Eexcel Redlands Lp -- --
Eexcel Communities I Lp $1,000 --
Patrick V & Maeve Loughnane Family Trust $4,430,000 First Southwestern Title Co
Harris Carl -- American Title
Smith Rico -- American Title
Smith Rico $295,000 American Title
Granite Five Llc -- First American Title Ins Co
Colony Fbp Partners Lp -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Di $453,100
Previous Owner Chen Di $253,800
Previous Owner Kusmanto Chandra $191,750
Previous Owner Soriano Cesar R $530,400
Previous Owner Trummeter Robert $33,150
Previous Owner Trummeter Robert $254,400
Previous Owner Lynn Eugene Jr John $255,000
Previous Owner Latham Terrence $170,000
Previous Owner Smith Rico $221,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2014 05/06/14 Sold $470,000 -1.1% $117 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $475,000 +61.0% $119 / Sq Ft
10/30/2012 10/30/12 Sold $295,000 -7.8% $74 / Sq Ft View Prior Sale
08/14/2012 08/14/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $320,000 -- $80 / 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 $6,760 $576,157 $122,586 $453,571
2024 $6,760 $564,859 $120,182 $444,677
2023 $6,752 $553,783 $117,825 $435,958
2022 $6,656 $542,925 $115,515 $427,410
2021 $6,776 $532,279 $113,250 $419,029
2020 $6,676 $526,821 $112,089 $414,732
2019 $6,491 $516,491 $109,891 $406,600
2018 $6,331 $506,363 $107,736 $398,627
2017 $6,278 $496,435 $105,624 $390,811
2016 $6,208 $486,701 $103,553 $383,148
2015 $6,163 $479,391 $101,998 $377,393
2014 $3,862 $296,339 $80,363 $215,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR13246109

California Regional Multiple Listing Service (CRMLS)

APN: 0167-271-32