NOT LISTED FOR SALE

Estimated Value: $813,000 - $1,282,000

11 Beds
6 Baths
3,834 Sq Ft
$274/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $510,000 $133 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,627/month

29 Days on Market

About This Home

As of November 2014

One unit delivered vacant for owner occupants! THIS MINT CONDITION 3 FAMILY IS EVERY INVESTORS DREAM IN THAT IT HAS EXCELLENT TENANTS WITH NO REAL DEFERRED MAINTENANCE TO SPEAK OF AND WITH THE AMAZING ADDED BONUS OF ALL $5085 IN MONTHLY RENT BEING 100% GUARANTEED BY THE EXISTING TENANTS SUBSIDY. THE PROPERTY IS LAID OUT WITH ONE 3 BED UNIT AND 2 FOUR BED UNITS WITH ALL 3 UNITS HAVING 1.5 BATHROOMS MAKING THEM MUCH MORE DESIRABLE AS RENTAL UNITS WITH A MUCH HIGHER CHANCE THE CURRENT TEANTS WILL STAY WELL BEYOND THE INDUSTRY NORMS FOR TENANT STAYS. IT REALLY DOES NOT GET BETTER FOR ANY INVESTOR WHETHER SEASONED OR JUST STARTING OUT KNOWING ALL OF THE RENT EVERY SINGLE MONTH IS COMING WITH NO TENANTS TO CHASE OR DOORS TO KNOCK ON. THIS WILL NOT LAST SO DONT WAIT AND MISS OUT ON THIS TRUE GEM OF AN INVESTMENT PROPERTY

Last Agent to Sell the Property

Allen Garzone

Allen Garzone Listed on: 09/16/2014

Last Buyer's Agent

Allen Garzone

Allen Garzone Listed on: 09/16/2014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,450

Year Built

1933

Lot Details

0

Listing Details

  • Lot Description: Fenced/Enclosed
  • Other Agent: .50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1933

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 17

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
Zhao Rong and Qian Baogang
Bought by
Zhao Rong
Current Estimated Value
$1,049,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$497,956
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$551,904

Purchase Details

Listed on
Sep 16, 2014
Closed on
Nov 14, 2014
Sold by
57 Olney Street Llc
Bought by
Qian Baogang and Zhao Rong
Seller's Agent
Allen Garzone
Allen Garzone
Buyer's Agent
Allen Garzone
Allen Garzone
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$380,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2012
Closed on
Mar 6, 2013
Sold by
Reic Llc
Bought by
57 Olney Street Llc
Seller's Agent
Gregory Leonard
Harbor Realty
Buyer's Agent
Allen Garzone
Allen Garzone
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%

Purchase Details

Closed on
Oct 5, 2012
Sold by
Yao and Deutsche Bank Natl T C
Bought by
Reic Llc

Purchase Details

Closed on
Oct 20, 2003
Sold by
Howell Leonard T
Bought by
Wang Lei and Yao Yao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 1989
Sold by
Franciosi Sarah
Bought by
Howell Lennard T
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
Zhao Rong -- None Available
Zhao Rong -- None Available
Qian Baogang $510,000 --
57 Olney Street Llc $425,000 --
Reic Llc $240,000 --
Reic Llc $240,000 --
Wang Lei $470,000 --
Wang Lei $470,000 --
Howell Lennard T $185,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Rong $550,000
Closed Zhao Rong $550,000
Previous Owner Qian Baogang $380,000
Previous Owner Howell Lennard T $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2014 11/14/14 Sold $510,000 +2.0% $133 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $499,900 +17.6% $130 / Sq Ft
03/06/2013 03/06/13 Sold $425,000 +24185.7% $111 / Sq Ft View Prior Sale
02/04/2013 02/04/13 Pending -- -- --
01/10/2013 01/10/13 Rented $1,750 0.0% --
01/10/2013 01/10/13 For Rent $1,750 0.0% --
11/06/2012 11/06/12 For Sale $425,000 -- $111 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $13,450 $1,161,500 $287,700 $873,800
2024 $11,837 $1,086,000 $277,900 $808,100
2023 $10,700 $996,300 $254,900 $741,400
2022 $10,228 $940,100 $240,500 $699,600
2021 $9,375 $878,600 $224,800 $653,800
2020 $7,885 $746,700 $223,600 $523,100
2019 $7,356 $697,900 $164,300 $533,600
2018 $7,356 $701,900 $164,300 $537,600
2017 $5,210 $491,996 $154,442 $337,554
2016 $5,331 $484,600 $164,300 $320,300
2015 $4,207 $347,400 $112,100 $235,300
2014 $3,929 $312,300 $112,100 $200,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71743871

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000015-002296