NOT LISTED FOR SALE
6 Beds
2 Baths
1,760 Sq Ft
5,998 Sq Ft Lot

Sale Details

Date Sold: January 5, 2018

Last sale price $970,000 $551 Per Sq Ft

12 Days on Market

Highlights

  • Washer and Dryer
  • Vinyl Flooring
  • 1-Story Property
  • Independence High School Rated A-

About This Home

As of January 2018

Unbelievable cash flowing duplex! Long term tenants. One side section 8 renters with year lease, one side month to month with long term tenant. New roof 2017. New wall heaters 2017. 2016-2017 other upgrades include new laminate floors, dual pane windows, most kitchen cabinets, bathroom updates, sinks, granite counter tops, backsplash, paint, etc. $5600 gross monthly rental income!!! Less than 5 miles from potential upcoming Google campus!

Last Agent to Sell the Property

John Belveal

Belveal Properties License #01895212 Listed on: 11/07/2017

Last Buyer's Agent

Alan Khoo

JODI Group License #01247884

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 5,998 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Electric Oven
  • Washer and Dryer

Flooring

  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $67,200
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,100
  • Maintenance Expense $2,000
  • Utility Expense $704
  • Trash Expense $797
  • Operating Expense $11,724
  • Gross Income $67,200

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

5,998 Sq Ft Lot

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1760
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Oven Range - Electric
  • Living Sq Ft: 1760
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 14.14
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1100
  • Expense Maintenance: 2000
  • Expenses Total: 11724
  • Expenses Utility: 704
  • Expense Trash: 797
  • Income Annual Gross: 67200.00
  • Income Annual Rental: 67200
  • Income Gross Scheduled: 67200
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Principle & Interest, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$970,000 Old Republic Title Co
Norris Kamrana -- Old Republic Title Co
577-579 Sinclair Drive Llc -- None Available
Norris Kamaran -- Old Republic Title Company
Noris Kamaran $300,000 Old Republic Title Company
Thomas Hannelore E -- None Available
Thomas Hannelore E -- --
Thomas William A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $630,348
Closed Tong Jason $650,000
Closed Tong Jason $656,250
Previous Owner Norris Kamaran $360,000
Previous Owner Noris Kamaran $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/05/2018 01/05/18 Sold $970,000 +2.1% $551 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $950,000 -- $540 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,809 $1,125,763 $661,531 $464,232
2025 $16,476 $1,103,690 $648,560 $455,130
2024 $16,476 $1,082,050 $635,844 $446,206
2023 $16,165 $1,060,834 $623,377 $437,457
2022 $15,847 $1,040,034 $611,154 $428,880
2021 $15,303 $1,019,642 $599,171 $420,471
2020 $14,993 $1,009,188 $593,028 $416,160
2019 $14,574 $989,400 $581,400 $408,000
2018 $8,611 $520,200 $353,736 $166,464
2017 $8,624 $510,000 $346,800 $163,200
2016 $2,423 $49,716 $17,343 $32,373
2015 $2,389 $48,970 $17,083 $31,887
2014 $1,500 $48,012 $16,749 $31,263
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81684139

MLSListings

APN: 481-30-011

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