$340,000
SOLD JUN 28, 2013
6 Beds
3 Baths
2,400 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

6% Above List Price

14 Days on Market

Highlights

  • Laundry Room
  • 1 Car Garage
  • Wood Fence
  • Floor Furnace
  • Family Room
  • Level Lot

About This Home

As of June 2013

INVESTMENT, INVESTMENT, INVESTMENT OPPORTUNITY!!!!! This triplex has been completely remodeled with fresh interior & exterior paint, new carpet, vinyl flooring, new kitchens, vanities, tile showers, granite, and fixtures throughout. Both Noble units have 2 bedrooms, 1 bath, laundry room, kitchen, family room, backyard space and shared 2 car garage. The Trey unit stands by itself with 2 bedrooms, 1 bath, kitchen, family room, laundry hook-ups, backyard space, and covered carport. Don’t miss out on this amazing opportunity!!!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 05/16/2013

Last Buyer's Agent

Christine Simonsen

KELLER WILLIAMS RIVERSIDE CENT License #01060151

KELLER WILLIAMS RIVERSIDE CENT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,042

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Parking

  • 1 Car Garage
  • Carport
  • Parking Available

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • Family Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Floor Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 14
  • Assessor Parcel Number 151054001

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $2,700
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,042

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Number: 866-640-3040
  • Property Attached: Yes
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 151054001
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Levels: One
  • Price Per Square Foot: 141.67
  • Room Type: Family Room

Exterior Features

  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside, Outside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 14
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Jun 14, 2013
Sold by
Martingale Investments Llc
Bought by
Richer Christine
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Christine Simonsen
KELLER WILLIAMS RIVERSIDE CENT
List Price
$319,900
Sold Price
$340,000
Premium/Discount to List
$20,100
6.28%
Current Estimated Value
$845,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,527
Avg. Annual Appreciation
7.36%
Original Mortgage
$255,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2013
Sold by
The Bank Of New York Mellon
Bought by
Martingale Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2012
Sold by
Munoz Jose Jesus and Diaz Pascuala Vera
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Aug 14, 2006
Sold by
Rios Doroteo and Rios Guadalupe
Bought by
Munoz Jose Jesus and Diaz Pascuala Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,950
Interest Rate
8.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 16, 2004
Sold by
Covarrubias Cristobal Perez and Covarrubias Maria Vera
Bought by
Rios Doroteo and Rios Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2002
Sold by
Mcdonald George Dewald and Mcdonald Joan S
Bought by
Covarrubias Cristobal Perez and Covarrubias Maria Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,275
Interest Rate
6.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Grant Deed $340,000 Fatcola
Quit Claim Deed $202,500 None Available
Trustee Deed $238,050 Landsafe Title
Grant Deed $548,500 Ticor Title
Grant Deed $450,000 Ticor Title
Grant Deed $170,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $218,900 New Conventional
Closed $255,000 Commercial
Previous Owner $0 Commercial
Previous Owner $383,950 Negative Amortization
Previous Owner $310,000 Commercial
Previous Owner $167,275 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2014 09/15/14 Rented $995 0.0% --
08/16/2014 08/16/14 Under Contract -- -- --
08/13/2014 08/13/14 For Rent $995 +4.7% --
08/09/2013 08/09/13 Rented $950 -99.7% --
07/10/2013 07/10/13 Under Contract -- -- --
06/28/2013 06/28/13 Sold $340,000 0.0% $142 / Sq Ft
06/14/2013 06/14/13 For Rent $950 0.0% --
05/30/2013 05/30/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $319,900 -- $133 / 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 $5,042 $418,671 $73,878 $344,793
2023 $5,042 $402,415 $71,010 $331,405
2022 $4,666 $394,525 $69,618 $324,907
2021 $4,590 $386,790 $68,253 $318,537
2020 $4,517 $382,825 $67,554 $315,271
2019 $4,458 $375,320 $66,230 $309,090
2018 $4,396 $367,962 $64,932 $303,030
2017 $4,315 $360,748 $63,659 $297,089
2016 $4,244 $353,675 $62,411 $291,264
2015 $4,182 $348,365 $61,475 $286,890
2014 $4,169 $341,543 $60,272 $281,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13091162

California Regional Multiple Listing Service (CRMLS)

APN: 151-054-001