NOT LISTED FOR SALE

Estimated Value: $696,621 - $951,000

3 Beds
3 Baths
2,812 Sq Ft
$298/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $345,000 $123 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $5,247/month

255 Days on Market

Highlights

  • Bungalow
  • Wall Furnace
  • 4-minute walk to Chesterfield Square Park

About This Home

As of December 2013

Back on market accepting offers!!!! Regular Sale!!! Great investment/rental property. 3 Units 2812 Sqft. One of a kind property. Easy to rent area, close to shopping center one block from Chesterfield Square, Home Depot, Starbucks, and close to transportation line, open for owner occupied or new tenant. Owner is currently collecting $2017. 2 units are under Section 8. Property sold as is condition, no repairs and no warranties. All permits to be verified by buyer agent and buyers. Buyers will assume responsibility of tenants at the close of escrow.

Last Agent to Sell the Property

Elvis Occ

Black Forest Brokerage License #01442976 Listed on: 07/02/2013

Last Buyer's Agent

MYRNA SAFIEDDINE

FIRST DIVERSIFIED REALTY License #01430036

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,375

Year Built

  • Built in 1922

Lot Details

  • 9,425 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,812 Sq Ft Home
  • Bungalow
  • Property Attached
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 671
  • Tax Tract Number 670
  • Assessor Parcel Number 5005019020

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $700
  • New Taxes Expense $4,000
  • Gross Income $3,017
  • Net Operating Income $12,204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,375

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5005019020
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 122.69

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9425.00
  • Lot Size Acres: 0.2160

Multi Family

  • Gross Income: 3017.00
  • Gross Scheduled Income: 36204.00
  • Insurance Expense: 700.00
  • Lot Size Area: 9425.0000 Square Feet
  • Net Operating Income: 12204.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 24000.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Lot: 671
  • Tax Tract Number: 670

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2021
Sold by
Perez Erlinda Y and Alfaro Katherine E
Bought by
Alfaro Katherine E and Alfaro Pablo J
Current Estimated Value
$838,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$244,810
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$602,309

Purchase Details

Closed on
Apr 8, 2021
Sold by
Perez Erlinda Y
Bought by
Perez Erlinda Y and Alfaro Katherine E

Purchase Details

Listed on
Jul 2, 2013
Closed on
Dec 23, 2013
Sold by
Perez Miguel
Bought by
Perez Erlinda Y
Seller's Agent
Elvis Occ
Black Forest Brokerage
Buyer's Agent
MYRNA SAFIEDDINE
FIRST DIVERSIFIED REALTY
List Price
$365,000
Sold Price
$345,000
Premium/Discount to List
-$20,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$330,687
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2012
Sold by
Gonzalez Martin and Rodriguez Adolfo Luis
Bought by
Gonzalez Martin and Rodriguez Adolfo Luis

Purchase Details

Closed on
Jan 20, 2012
Sold by
Gonzalez Martin and Menjivar Deysi
Bought by
Gonzalez Martin and Rodriguez Adolfo Luis

Purchase Details

Closed on
Jul 6, 2011
Sold by
Action One Lp
Bought by
Gonzalez Martin and Menjivar Deysi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,520
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2011
Sold by
Mckenzie Enid
Bought by
Action One Lp

Purchase Details

Closed on
Aug 1, 2005
Sold by
Holloway Mable E and Smith Sylvia M
Bought by
Mckenzie Enid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.72%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 20, 2002
Sold by
Richardson Vernell H
Bought by
Separate Richardson Vernell H and Separate Vernell H Richardson

Purchase Details

Closed on
Apr 29, 2002
Sold by
Separate Richardson Vernell H and Separate Vernell H Richardson
Bought by
Richardson Vernell H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.18%

Purchase Details

Closed on
Oct 31, 2001
Sold by
Richardson Vernell
Bought by
Separate Richardson Vernell H and Separate Vernell H Richardson

Purchase Details

Closed on
Oct 21, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Richardson Vernell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 1995
Sold by
Lin Hsien Chien and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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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
Alfaro Katherine E -- Stewart Title Of Ca Inc
Perez Erlinda Y -- Accommodation/Courtesy Recordi
Perez Erlinda Y -- Pacific Coast Title
Perez Erlinda Y $345,000 Pacific Coast Title
Gonzalez Martin -- None Available
Gonzalez Martin -- None Available
Gonzalez Martin $280,000 Lawyers Title Co
Action One Lp $230,000 None Available
Mckenzie Enid $560,000 Alliance Title Company
Separate Richardson Vernell H -- --
Richardson Vernell H -- Southland Title
Separate Richardson Vernell H -- --
Richardson Vernell $125,000 First American Title Co
Federal Home Loan Mortgage Corporation $135,150 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfaro Katherine E $290,000
Previous Owner Perez Erlinda Y $329,518
Previous Owner Perez Erlinda Y $330,687
Previous Owner Gonzalez Martin $254,520
Previous Owner Mckenzie Enid $504,000
Previous Owner Richardson Vernell H $150,000
Previous Owner Richardson Vernell $124,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $345,000 -5.5% $123 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
03/23/2013 03/23/13 For Sale $365,000 -- $130 / 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 $9,375 $742,845 $583,664 $159,181
2024 $9,375 $728,280 $572,220 $156,060
2023 $9,205 $714,000 $561,000 $153,000
2022 $8,798 $700,000 $550,000 $150,000
2021 $5,206 $390,710 $277,462 $113,248
2020 $5,252 $386,704 $274,617 $112,087
2019 $5,064 $379,123 $269,233 $109,890
2018 $4,870 $371,690 $263,954 $107,736
2017 $2 $364,403 $258,779 $105,624
2016 $4,640 $357,258 $253,705 $103,553
2015 $4,577 $351,893 $249,895 $101,998
2014 $4,614 $345,000 $245,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13051226

California Regional Multiple Listing Service (CRMLS)

APN: 5005-019-020