NOT LISTED FOR SALE

Estimated Value: $430,000 - $555,000

4 Beds
2 Baths
1,643 Sq Ft
$292/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $316,000 $192 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,786/month

73 Days on Market

Highlights

  • Laundry Room
  • No Heating
  • 1-Story Property

About This Home

As of September 2020

Two unit property now available in Perris CA.
These two detached units each feature separate Gas, Electric and Water Meters. The main unit features 2 bedrooms, 1 bath, kitchen and large living room area. The approximate size of the unit is about 908 Sq. Ft. The 2nd Unit is smaller. It features 2 bedrooms, 1 bath and small kitchen and small living room area. There is a detached 2 car garage. The lot is very spacious. Large back yards for both units.

Last Agent to Sell the Property

Jose Marin

Marin Realty Group License #01753895 Listed on: 04/27/2020

Last Buyer's Agent

Margaret Chappell

Corcoran Global Living License #01218542

Corcoran Global Living

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 0.3 Acre Lot
  • No Common Walls

Parking

  • 2 Car Garage

Interior Spaces

  • 1,643 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Suburban Location
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 12 / 12
  • Tax Tract Number 2049
  • Assessor Parcel Number 313141005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $100
  • New Taxes Expense $3,914
  • Operating Expense $5,514
  • Gross Income $27,000
  • Net Operating Income $21,486

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Zoning: A1
  • Property Type: Residential Income
  • Parcel Number: 313141005
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 192.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13068.00
  • Lot Size Acres: 0.3000

Multi Family

  • Gross Income: 27000.00
  • Gross Scheduled Income: 27000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 13068.0000 Square Feet
  • Net Operating Income: 21486.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3200.00
  • Rent Control: No
  • Total Expenses: 5514.00

Tax Info

  • New Taxes Expense: 3914.00
  • Tax Block: 12
  • Tax Census Tract: 42800
  • Tax Lot: 12
  • Tax Tract Number: 002049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Aug 19, 2020
Sold by
Anaya Eulogio Banda
Bought by
Luna Jose Alonso and Luna Maria Lourdes
Seller's Agent
Jose Marin
Marin Realty Group
Buyer's Agent
Margaret Chappell
Corcoran Global Living
List Price
$335,000
Sold Price
$316,000
Premium/Discount to List
-$19,000
-5.67%
Current Estimated Value
$480,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,398
Avg. Annual Appreciation
8.05%
Original Mortgage
$237,000
Outstanding Balance
$209,448
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$270,950

Purchase Details

Closed on
Sep 21, 2017
Sold by
Banda Ignacio A
Bought by
Anaya Eulogio Banda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2008
Sold by
Ama Holdings Inc
Bought by
Anaya Eulogio Banda and Banda Ignacio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 15, 2008
Sold by
Ortega Jose and Ortega Feliciana
Bought by
Ama Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.77%
Mortgage Type
Seller Take Back
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
Luna Jose Alonso $316,000 Stewart Title Of Ca Inc
Anaya Eulogio Banda -- First American Title Company
Anaya Eulogio Banda $110,000 Stewart Title
Ama Holdings Inc $110,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna Jose Alonso $237,000
Previous Owner Anaya Eulogio Banda $149,500
Previous Owner Anaya Eulogio Banda $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $316,000 -5.7% $192 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $335,000 -- $204 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,825 $342,046 $81,181 $260,865
2023 $3,825 $328,766 $78,030 $250,736
2022 $3,784 $322,320 $76,500 $245,820
2021 $3,711 $316,000 $75,000 $241,000
2020 $1,816 $153,185 $61,329 $91,856
2019 $1,775 $150,182 $60,127 $90,055
2018 $1,695 $147,239 $58,949 $88,290
2017 $1,419 $122,040 $66,568 $55,472
2016 $1,391 $119,648 $65,263 $54,385
2015 $1,364 $117,853 $64,284 $53,569
2014 $1,333 $115,547 $63,026 $52,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20079899

California Regional Multiple Listing Service (CRMLS)

APN: 313-141-005

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