NOT LISTED FOR SALE
8 Beds
4 Baths
2,992 Sq Ft
9,104 Sq Ft Lot

Sale Details

Date Sold: April 8, 2016

Last sale price $1,311,888 $438 Per Sq Ft

6 Days on Market

About This Home

As of April 2016

Great potential...needs work...great commute location

Last Agent to Sell the Property

JK Watson

Bay East AOR License #01131499 Listed on: 02/09/2016

Last Buyer's Agent

Jag Saggi

Reliable Real Estate Services License #01425900

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 9,104 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,992 Sq Ft Home
  • 2-Story Property
  • Carpet

Parking

  • 2 Parking Spaces
  • 4 Carport Spaces
  • Assigned Parking

Utilities

  • Wall Furnace
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $64,200

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,000
  • Maintenance Expense $1,435
  • Manager Expense $3,590
  • Utility Expense $3,674
  • Trash Expense $786
  • Operating Expense $18,285
  • Gross Income $64,200

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

9,104 Sq Ft Lot

Listing Details

  • Zoning: 10
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 2992
  • Stories: 2
  • Flooring: Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Community Sewer / Septic

Lot Info

  • Lot Acres: 0.2090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9125.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9125.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 18.68
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1000
  • Expense Landscape: 1800
  • Expense Maintenance: 1435
  • Expense Management: 3590
  • Expenses Total: 18285
  • Expenses Utility: 3674
  • Expense Trash: 786
  • Income Annual Gross: 64200.00
  • Income Annual Rental: 64200
  • Income Gross Scheduled: 64200
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Rent Only

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,000
Outstanding Balance
$987,642
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,000
Outstanding Balance
$987,642
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2016
Closed on
Mar 21, 2016
Sold by
Bought by
Seller's Agent
JK Watson
Bay East AOR
Buyer's Agent
Jag Saggi
Reliable Real Estate Services
List Price
$1,199,000
Sold Price
$1,311,888
Premium/Discount to List
$112,888
9.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2011
Sold by
Bought by
Source: Public Records

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
$1,680,000 Chicago Title
-- Chicago Title
-- None Available
$1,312,000 Chicago Title Company
-- None Available
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 $1,008,000
Closed $1,008,000
Previous Owner $1,140,000
Previous Owner $875,000
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
04/08/2016 04/08/16 Sold $1,311,888 +9.4% $438 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $1,199,000 -- $401 / 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 $19,975 $1,747,872 $1,300,500 $447,372
2025 $17,734 $1,713,600 $1,275,000 $438,600
2024 $17,734 $1,522,551 $1,044,524 $478,027
2023 $17,680 $1,492,698 $1,024,044 $468,654
2022 $17,605 $1,463,430 $1,003,965 $459,465
2021 $17,351 $1,434,736 $984,280 $450,456
2020 $17,049 $1,420,026 $974,188 $445,838
2019 $16,853 $1,392,184 $955,087 $437,097
2018 $15,999 $1,364,887 $936,360 $428,527
2017 $15,793 $1,338,125 $918,000 $420,125
2016 $1,486 $103,583 $33,151 $70,432
2015 $1,473 $102,029 $32,654 $69,375
2014 $1,420 $100,032 $32,015 $68,017
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81549962

MLSListings

APN: 022-09-026

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