NOT LISTED FOR SALE

Estimated Value: $760,000 - $1,364,000

5 Beds
4 Baths
2,960 Sq Ft
$332/Sq Ft Est. Value

Last Sold March 25, 2013

Last sale price $310,000 $105 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $5,452/month

132 Days on Market

About This Home

As of March 2013

Two duplex, one lot, close to shopping and parks. Property includes 600 E Nocta and 204-206 N. Monterey. Property needs some TLC but it is priced to sell.

Last Agent to Sell the Property

Jesse Armendarez

SIERRA REALTY FONTANA INC License #01347071 Listed on: 12/14/2012

Last Buyer's Agent

MARTIN GOLDSMITH

KELLER WILLIAMS EMPIRE ESTATES License #01892498

KELLER WILLIAMS EMPIRE ESTATES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,200 Sq Ft Lot

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • 2,960 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 2 / 1010
  • Assessor Parcel Number 1048524010000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,500
  • Trash Expense $626
  • Water Sewer Expense $916
  • New Taxes Expense $2,117
  • Gross Income $2,630
  • Net Operating Income $25,790

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 8.00
  • Water Sewer Expenses: 916.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 1048524010000
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 104.73

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Trash Expense: 626.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1650

Multi Family

  • Gross Income: 2630.00
  • Gross Scheduled Income: 31560.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7200.0000 Square Feet
  • Net Operating Income: 25790.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 483.00
  • Rent Control: Yes
  • Vacancy Allowance Rate: 8.50

Tax Info

  • New Taxes Expense: 2117.00
  • Tax Area: 4000
  • Tax Block: 1010
  • Tax Lot: 2
  • Tax Tract Number: /
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2012
Closed on
Mar 20, 2013
Sold by
Davidson Christie
Bought by
Marquez Daniel and Marquez Irma Julia
Seller's Agent
Jesse Armendarez
SIERRA REALTY FONTANA INC
Buyer's Agent
MARTIN GOLDSMITH
KELLER WILLIAMS EMPIRE ESTATES
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Current Estimated Value
$982,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,020
Avg. Annual Appreciation
9.39%
Original Mortgage
$217,000
Outstanding Balance
$152,784
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$829,236
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marquez Daniel $310,000 Advantage Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Daniel $217,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2013 03/25/13 Sold $310,000 -3.1% $105 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
09/19/2012 09/19/12 For Sale $320,000 -- $108 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,218 $381,744 $135,458 $246,286
2024 $4,122 $374,259 $132,802 $241,457
2023 $4,007 $366,921 $130,198 $236,723
2022 $3,953 $359,726 $127,645 $232,081
2021 $3,929 $352,672 $125,142 $227,530
2020 $3,860 $349,056 $123,859 $225,197
2019 $3,827 $342,211 $121,430 $220,781
2018 $3,774 $335,501 $119,049 $216,452
2017 $3,639 $328,923 $116,715 $212,208
2016 $3,496 $322,473 $114,426 $208,047
2015 $3,472 $317,629 $112,707 $204,922
2014 $3,364 $311,407 $110,499 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12119358

California Regional Multiple Listing Service (CRMLS)

APN: 1048-524-01