NOT LISTED FOR SALE

Estimated Value: $805,303 - $1,052,000

4 Beds
4 Baths
3,199 Sq Ft
$290/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $370,000 $116 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $5,388/month

53 Days on Market

About This Home

As of May 2013

FIXER, FIXER, FIXER!! Neo Classical design in historical district. Unit breakdown : (1) 2 Bedroom, 1 Bath; (2) 1 Bedroom, 1 Bath; (1) Studio Style unit + 2 Car Garage. Located in Wilmore City/Drake Park area. Great rental area. Walking distance to Drake Park Community Center, downtown shops, restaurants, and movie theaters.
****Please do not disturb tenants.**** ***Drive By only!*** NO CALLS!! Please see Private Remarks.

Last Agent to Sell the Property

Tina Burke

eXp Realty of California Inc License #01838777 Listed on: 03/26/2013

eXp Realty of California Inc

Last Buyer's Agent

Kathy Shasha

Coldwell Banker Realty License #00911654

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 5,546 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,199 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 8 / k
  • Assessor Parcel Number 7271023031

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $800
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $6,500
  • Gross Income $3,275
  • Net Operating Income $29,021

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Willmore District (WM)
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 7271023031
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 115.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5546.00
  • Lot Size Acres: 0.1270

Multi Family

  • Gross Income: 3275.00
  • Gross Scheduled Income: 39300.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5546.0000 Square Feet
  • Net Operating Income: 29021.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 9100.00
  • Other Income Description: 2 Car Garage
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Block: k
  • Tax Lot: 8
  • Tax Tract Number: knoll
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2019
Sold by
Smith Deborah M and Deborah M Smith Trust
Bought by
Smith Deborah M and Deborah M Smith Trust
Current Estimated Value
$926,326

Purchase Details

Closed on
Jan 25, 2019
Sold by
Hadley Sarah C and Smith Deborah M
Bought by
Hadley Sarah C and Smith Deborah M

Purchase Details

Listed on
Mar 26, 2013
Closed on
May 13, 2013
Sold by
Hadley Noel J
Bought by
Hadley Sarah C
Seller's Agent
Tina Burke
eXp Realty of California Inc
Buyer's Agent
Kathy Shasha
Coldwell Banker Realty
List Price
$549,000
Sold Price
$370,000
Premium/Discount to List
-$179,000
-32.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
Mar 26, 2013
Closed on
May 10, 2013
Sold by
Smith Robin
Bought by
Smith Deborah M
Seller's Agent
Tina Burke
eXp Realty of California Inc
Buyer's Agent
Kathy Shasha
Coldwell Banker Realty
List Price
$549,000
Sold Price
$370,000
Premium/Discount to List
-$179,000
-32.6%

Purchase Details

Listed on
Mar 26, 2013
Closed on
May 1, 2013
Sold by
Kelly Lynda and The Bryan Coulter Revocable Tr
Bought by
Ahadley Sarah C and Smith Deborah M
Seller's Agent
Tina Burke
eXp Realty of California Inc
Buyer's Agent
Kathy Shasha
Coldwell Banker Realty
List Price
$549,000
Sold Price
$370,000
Premium/Discount to List
-$179,000
-32.6%

Purchase Details

Closed on
Sep 24, 2012
Sold by
Coulter Bryan and Coulter John Bryan
Bought by
Coulter Bryan and Bryan Coulter Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Smith Deborah M -- None Available
Hadley Sarah C -- None Available
Hadley Sarah C -- Chicago Title Company
Smith Deborah M -- Chicago Title Company
Ahadley Sarah C $370,000 Chicago Title Company
Coulter Bryan -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $370,000 -32.6% $116 / Sq Ft
04/07/2013 04/07/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $549,000 -- $172 / 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 $6,424 $455,614 $320,165 $135,449
2024 $6,424 $446,682 $313,888 $132,794
2023 $6,312 $437,925 $307,734 $130,191
2022 $5,943 $429,339 $301,700 $127,639
2021 $5,805 $420,922 $295,785 $125,137
2020 $5,790 $416,607 $292,753 $123,854
2019 $5,723 $408,439 $287,013 $121,426
2018 $5,499 $400,432 $281,386 $119,046
2016 $5,053 $384,884 $270,460 $114,424
2015 $4,860 $379,104 $266,398 $112,706
2014 $4,845 $371,679 $261,180 $110,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13023599

California Regional Multiple Listing Service (CRMLS)

APN: 7271-023-031