NOT LISTED FOR SALE

Estimated Value: $1,000,000 - $1,243,000

4 Beds
2 Baths
1,728 Sq Ft
$639/Sq Ft Est. Value

Last Sold February 19, 2015

Last sale price $660,000 $382 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,105/month

74 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Garvey (Richard) Intermediate School Rated A-
  • Corner Lot
  • 2 Car Garage

About This Home

As of February 2015

Nice 2 houses on the lot. R2 zone. High demand area. Close to super market, shopping, restaurants and transportation. Move in condition. Property sold "as it" condition. Thank You for showing.

Last Agent to Sell the Property

Yue Chang Lei

Pinnacle Real Estate Group License #01883075 Listed on: 11/20/2014

Pinnacle Real Estate Group

Last Buyer's Agent

Yue Chang Lei

Pinnacle Real Estate Group License #01883075 Listed on: 11/20/2014

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,942

Year Built

  • Built in 1939

Lot Details

  • 8,272 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Garage Door Opener

Home Design

  • Composition Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • Wood Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 7285
  • Assessor Parcel Number 5370031006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $25
  • Insurance Expense $700
  • Trash Expense $30
  • Water Sewer Expense $100
  • New Taxes Expense $4,500
  • Gross Income $3,000
  • Net Operating Income $31,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,942

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 5370031006
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Price Per Square Foot: 381.94
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Appliances: Gas Cooktop, Refrigerator
  • Trash Expense: 30.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Lot 6500-9999, Corner Lot
  • Lot Size Sq Ft: 8272.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 25.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 46000.00
  • Insurance Expense: 700.00
  • Lot Size Area: 8272.0000 Square Feet
  • Net Operating Income: 31500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Patio: 1
  • Number With Refrigerator: 1
  • Operating Expense: 11520.00
  • Rent Control: No
  • Total Actual Rent: 1300.00

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Lot: 6
  • Tax Tract Number: 7285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2014
Closed on
Jan 30, 2015
Sold by
Ngo Lily and The Lily Ngo 2003 Revocable Tr
Bought by
Huang Gene
Seller's Agent
Yue Chang Lei
Pinnacle Real Estate Group
Buyer's Agent
Yue Chang Lei
Pinnacle Real Estate Group
List Price
$696,000
Sold Price
$660,000
Premium/Discount to List
-$36,000
-5.17%
Current Estimated Value
$1,136,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,588
Avg. Annual Appreciation
5.03%
Original Mortgage
$250,000
Outstanding Balance
$192,731
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$911,974

Purchase Details

Closed on
Mar 17, 2011
Sold by
Ngo Lily
Bought by
Ngo Lily and The Lily Ngo 2003 Revocable Tr

Purchase Details

Closed on
Sep 2, 2010
Sold by
Ngo Lily and The Lily Ngo 2003 Revocable Tr
Bought by
Ngo Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Ngo Lily
Bought by
Ngo Lily and The Lily Ngo 2003 Revocable Tr

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
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2009
Sold by
Ngo Lily and The Lily Ngo 2003 Revocable Tr
Bought by
Ngo Lily

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
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2007
Sold by
Wu Andy
Bought by
Ngo Lily and Lily Ngo 2003 Revocable Trust

Purchase Details

Closed on
Jul 5, 2007
Sold by
Ngo Lily and The Lily Ngo 2003 Revocable Tr
Bought by
Ngo Lily and Wong Nancy

Purchase Details

Closed on
May 10, 2004
Sold by
Ngo Lily
Bought by
Ngo Lily and The Lily Ngo 2003 Revocable Tr

Purchase Details

Closed on
May 8, 2001
Sold by
Ngo Lily and Ngo Cuong Quoc
Bought by
Ngo Lily

Purchase Details

Closed on
Apr 4, 2000
Sold by
Stephan John A and Maxine D Stephan Trust
Bought by
Ngo Lily and Ngo Cuong Quoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Interest Rate
8.18%

Purchase Details

Closed on
Jul 17, 1997
Sold by
Stephan Maxine D
Bought by
Stephan Maxine D and Maxine D Stephan Trust
Source: Public Records

Range of Values:

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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
Huang Gene $646,000 First American Title Company
Ngo Lily -- Accommodation
Ngo Lily -- Lawyers Title
Ngo Lily -- Accommodation
Ngo Lily -- Pct
Ngo Lily -- Accommodation
Ngo Lily -- Accommodation
Ngo Lily -- None Available
Ngo Lily -- --
Ngo Lily $27,000 Investors Title Company
Ngo Lily $232,000 Southland Title
Stephan Maxine D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Gene $250,000
Previous Owner Ngo Lily $215,800
Previous Owner Ngo Lily $200,000
Previous Owner Ngo Lily $255,000
Previous Owner Ngo Lily $172,000
Previous Owner Ngo Lily $175,000
Previous Owner Ngo Lily $174,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2015 02/19/15 Sold $660,000 -5.2% $382 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
11/20/2014 11/20/14 For Sale $696,000 -- $403 / 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 $10,942 $776,385 $600,920 $175,465
2024 $10,942 $761,163 $589,138 $172,025
2023 $10,559 $746,239 $577,587 $168,652
2022 $10,092 $731,608 $566,262 $165,346
2021 $10,044 $717,263 $555,159 $162,104
2020 $9,950 $709,909 $549,467 $160,442
2019 $9,678 $695,991 $538,694 $157,297
2018 $9,571 $682,345 $528,132 $154,213
2016 $8,834 $655,851 $507,625 $148,226
2015 $4,176 $296,281 $229,812 $66,469
2014 $4,129 $290,478 $225,311 $65,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14246150

California Regional Multiple Listing Service (CRMLS)

APN: 5370-031-006