NOT LISTED FOR SALE
4 Beds
4 Baths
1,800 Sq Ft
6,704 Sq Ft Lot

Last Sold October 07, 2020

Last sale price $620,000 $344 Per Sq Ft

108 Days on Market

About This Home

As of October 2020

Back in the market. Bring your Clients and see this great investment opportunity, higher demand for rental in this area. Do not disturb Tenants. This fourflex features two - 1 bedroom/1 bath front units in building one (one story). Building two (two stories) located in the rear features two - 1 bedroom/1 bath units. Two units remodelled four years ago and one unit remodelled in May of 2019. All Tenants are on a month to month basis.

Last Agent to Sell the Property

Josephine Duque

Berkshire Hathaway HS Real Time Realty License #01940946 Listed on: 03/23/2020

Berkshire Hathaway HS Real Time Realty

Last Buyer's Agent

Leo Alvarez

Century 21 A Property Shoppe License #01218043

Century 21 A Property Shoppe

Property Details

Home Type

  • Multi-Family

Year Built

  • 1948

Lot Details

  • 6,704 Sq Ft Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Total Actual Rent $69,600

Community Details

Overview

  • 1,800 Sq Ft Building

Building Details

  • 4 Leased Units
  • Insurance Expense $1,250
  • Maintenance Expense $1,183
  • Other Expense $4,200
  • Utility Expense $2,290
  • Trash Expense $922
  • Operating Expense $15,462
  • Gross Income $69,600

Property Details

Home Type

Multi-Family

Year Built

1948

Lot Details

0

Listing Details

  • Zoning: R
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Living Sq Ft: 1800
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Parking Area

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 577

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1539
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6705.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6705.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 9.05
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1250
  • Expense Maintenance: 1183
  • Expenses Other: 4200
  • Expenses Total: 15462
  • Expenses Utility: 2290
  • Expense Trash: 922
  • Income Annual Gross: 69600.00
  • Income Annual Rental: 69600
  • Income Gross Scheduled: 69600
  • Income Includes: Owners Unit Rental, Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Services - Trash Removal

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2020 10/07/20 Sold $620,000 -1.6% $344 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $630,000 0.0% $350 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $630,000 -- $350 / Sq Ft
Source: MLSListings

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 $8,804 $671,106 $351,789 $319,317
2024 $8,804 $657,948 $344,892 $313,056
2023 $8,644 $645,048 $338,130 $306,918
2022 $7,780 $632,400 $331,500 $300,900
2021 $7,786 $620,000 $325,000 $295,000
2020 $6,966 $554,434 $254,913 $299,521
2019 $7,190 $543,564 $249,915 $293,649
2018 $6,780 $532,907 $245,015 $287,892
2017 $5,805 $430,000 $130,000 $300,000
2016 $5,617 $430,000 $130,000 $300,000
2015 $4,743 $360,000 $70,000 $290,000
2014 $4,024 $310,000 $60,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81787683

MLSListings

APN: 004-661-036