NOT LISTED FOR SALE
-- Bed
-- Bath
9,688 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: May 17, 2012

Last sale price $1,825,000 $188 Per Sq Ft

6 Days on Market

Highlights

  • 0.45 Acre Lot
  • Carpet
  • No Heating
  • Traditional Architecture

About This Home

As of May 2012

Built in 1988! Pride of Ownership. R-2 Zone. 9 units total: 2 3bed/2bath units are approx. 1258 sq. ft, 7 2bed/2bath units range from 1001-1056 sq. ft. DRIVE-BY ONLY.

Last Agent to Sell the Property

Alice Ham

Home Team Real Estate Inc License #01457055 Listed on: 03/28/2012

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.45

Home Design

  • 9,688 Sq Ft Home
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 18 Parking Spaces
  • 14 Carport Spaces

Additional Features

  • 19,668 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Tract Number 247
  • Assessor Parcel Number 42202131

Community Details

Overview

  • 2 Buildings
  • 9 Units

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $853
  • Gardener Expense $2,380
  • Insurance Expense $3,099
  • Maintenance Expense $1,867
  • Pest Control $384
  • Professional Management Expense $8,448
  • Trash Expense $4,130
  • Water Sewer Expense $6,154
  • New Taxes Expense $11,999
  • Gross Income $12,601
  • Net Operating Income $73,935

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.45 Acres

Listing Details

  • Assessments: No
  • CapRate: 4.11
  • Professional Management Expense: 8448.00
  • View: No
  • Water Sewer Expenses: 6154.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 2380.00
  • Parcel Number: 42202131
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 188.38

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 14.00
  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 18.00

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 384.00
  • Trash Expense: 4130.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 19668.00
  • Lot Size Acres: 0.4520

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 853.00
  • Gross Income: 12601.00
  • Gross Multiplier: 11.29
  • Gross Scheduled Income: 159324.00
  • Insurance Expense: 3099.00
  • Lot Size Area: 19668.0000 Square Feet
  • Maintenance Expense: 1867.00
  • Net Operating Income: 73935.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Number With Patio: 3
  • Operating Expense: 85389.00

Tax Info

  • New Taxes Expense: 11999.00
  • Tax Area: 15006
  • Tax Lot: 0.
  • Tax Tract Number: 247

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

Listed on
Mar 28, 2012
Closed on
May 14, 2012
Sold by
Bought by
Seller's Agent
Alice Ham
Home Team Real Estate Inc
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,799,000
Sold Price
$1,825,000
Premium/Discount to List
$26,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,185,000
Interest Rate
0.0398%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 28, 2012
Closed on
May 11, 2012
Sold by
Bought by
Seller's Agent
Alice Ham
Home Team Real Estate Inc
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,799,000
Sold Price
$1,825,000
Premium/Discount to List
$26,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,185,000
Interest Rate
0.0398%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 27, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 21, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- North American Title Company
$1,825,000 North American Title Company
-- North American Title Company
-- --
-- --
-- --
-- --
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 $1,000,000
Closed $1,125,000
Closed $1,185,000
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
05/17/2012 05/17/12 Sold $1,825,000 +1.4% $188 / Sq Ft
04/03/2012 04/03/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $1,799,000 -- $186 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $28,637 $2,292,298 $1,620,339 $671,959
2024 $28,637 $2,247,351 $1,588,567 $658,784
2023 $27,585 $2,203,286 $1,557,419 $645,867
2022 $26,161 $2,160,085 $1,526,882 $633,203
2021 $24,968 $2,117,731 $1,496,943 $620,788
2020 $24,730 $2,096,017 $1,481,594 $614,423
2019 $24,266 $2,054,919 $1,452,543 $602,376
2018 $23,807 $2,014,627 $1,424,062 $590,565
2017 $23,404 $1,975,125 $1,396,139 $578,986
2016 $22,898 $1,936,398 $1,368,764 $567,634
2015 $22,666 $1,907,312 $1,348,204 $559,108
2014 $22,141 $1,869,951 $1,321,795 $548,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S692808

California Regional Multiple Listing Service (CRMLS)

APN: 422-021-31

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