NOT LISTED FOR SALE

Estimated Value: $513,000 - $562,000

4 Beds
2 Baths
1,456 Sq Ft
$369/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $540,000 $371 Per Sq Ft

Current estimated payment $3,599/month

79 Days on Market

About This Home

As of December 2024

***Note: 2 units, #559 & #561 Well-kept duplex ready to purchase. Tenants are on a month to month. Detached 2 car garage add storage room. Possible for an additional living area. Front unit has been rehabbed. Back unit is clean. Separate meters.

Last Agent to Sell the Property

Craig Hanada

Hanada Properties License #00993782 Listed on: 07/26/2024

Hanada Properties

Last Buyer's Agent

Weichao Zhuo

Exp Realty of California Inc. License #02134500

Exp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Gas Oven

Utilities

  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $36,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,450
  • Trash Expense $200
  • Operating Expense $4,850
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1CD
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1456
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Kitchen: 220 Volt Outlet, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1456
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, No Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.72
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1450
  • Expenses Total: 4850
  • Expense Trash: 200
  • Income Annual Gross: 36000.00
  • Income Annual Rental: 36000
  • Income Gross Scheduled: 36000
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Dec 13, 2024
Sold by
Willpitz Reginald
Bought by
Gonzalez Gonzalo and Valenzuela Jessica
Seller's Agent
Craig Hanada
Hanada Properties
Buyer's Agent
Weichao Zhuo
Exp Realty of California Inc.
List Price
$529,988
Sold Price
$540,000
Premium/Discount to List
$10,012
1.89%
Views
109
Current Estimated Value
$537,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,255
Avg. Annual Appreciation
-0.38%
Original Mortgage
$521,977
Outstanding Balance
$517,872
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$19,873

Purchase Details

Closed on
Apr 26, 1996
Sold by
Bacon Willie Mae
Bought by
Willpitz Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,100
Interest Rate
7.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gonzalez Gonzalo $540,000 Fidelity National Title Compan
Willpitz Reginald $69,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Gonzalo $521,977
Previous Owner Willpitz Reginald $62,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 Sold $540,000 +1.9% $371 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $529,988 -- $364 / 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 $9,685 $540,000 $400,000 $140,000
2024 $3,444 $112,348 $19,528 $92,820
2023 $3,444 $110,146 $19,146 $91,000
2022 $3,358 $107,987 $18,771 $89,216
2021 $3,293 $105,870 $18,403 $87,467
2019 $3,142 $102,732 $17,858 $84,874
2018 $2,985 $100,718 $17,508 $83,210
2017 $2,862 $98,744 $17,165 $81,579
2016 $2,756 $96,809 $16,829 $79,980
2015 -- $95,356 $16,577 $78,779
2014 $2,683 $93,489 $16,253 $77,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81974665

MLSListings

APN: 561-231-017-6