NOT LISTED FOR SALE

Estimated Value: $769,000 - $1,138,000

4 Beds
5 Baths
3,588 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $430,000 $120 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,624/month

28 Days on Market

About This Home

As of May 2014

Nice cashflow, steady income with 4 Plex in stable neighborhood near Downtown. Large 2BR units with parking. Well maintained, clean stucco building. Probate property that may require court confirmation. Property sold "AS-IS"

Last Agent to Sell the Property

Keith Moret

Lyon Stahl Investment Real Estate, Inc. License #01802527 Listed on: 03/06/2014

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Kyle Young

License #01902695

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,733

Year Built

  • Built in 1965

Lot Details

  • 5,198

Parking

  • 4 Parking Spaces

Interior Spaces

  • 3,588 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Additional Features

  • 5,198 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6004-034-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,733

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 3588
  • Probate: Yes
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 119.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 4

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 166692
  • Assessed Land Value: 62690
  • Assessor Parcel Number: 6004-034-024
  • Geocode Override: No
  • Lot Size Area: 5198

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 8.90
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 19926
  • Type Of Units: Residential
  • Vacancy Rate: 5%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2014
Closed on
Apr 26, 2014
Sold by
Bryant Shervette
Bought by
Aesm Lp
Seller's Agent
Keith Moret
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Kyle Young
List Price
$430,000
Sold Price
$430,000
Current Estimated Value
$929,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,276
Avg. Annual Appreciation
6.99%
Original Mortgage
$20,000,000
Outstanding Balance
$15,227,116
Interest Rate
4.07%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$14,308,483

Purchase Details

Closed on
Oct 31, 2002
Sold by
Jones Curtis
Bought by
Jones Curtis and 1999 Curtis Jones Trust

Purchase Details

Closed on
Sep 4, 2002
Sold by
Jones Curtis
Bought by
Carter Terrell
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 Buyer Sale Price Title Company
Aesm Lp $430,000 Progressive
Jones Curtis -- --
Carter Terrell -- --
Jones Curtis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aesm Lp $316,000
Closed Aesm Lp $311,000
Open Aesm Lp $20,000,000
Previous Owner Jones Curtis $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $430,000 0.0% $120 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $430,000 -- $120 / Sq Ft
Source: The MLS

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 $6,733 $527,112 $367,754 $159,358
2024 $6,733 $516,778 $360,544 $156,234
2023 $6,613 $506,646 $353,475 $153,171
2022 $6,323 $496,713 $346,545 $150,168
2021 $6,226 $486,974 $339,750 $147,224
2019 $6,049 $472,532 $329,674 $142,858
2018 $5,940 $463,267 $323,210 $140,057
2016 $5,652 $445,279 $310,660 $134,619
2015 $5,573 $438,591 $305,994 $132,597
2014 $3,241 $235,029 $64,233 $170,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-737769

The MLS

APN: 6004-034-024