$490,000
SOLD SEP 30, 2016
6 Beds
3 Baths
2,540 Sq Ft
0.26 Acres

Recently Sold

$193 Per Sq Ft

6 Days on Market

About This Home

As of September 2016

Excellent investment opportunity Seller prefers to transfer property with tenants in place but will deliver the units vacant as well upon Buyer request.

Last Agent to Sell the Property

Christopher Sulentic

StoneCrest Real Estate License #01332704 Listed on: 07/27/2016

Last Buyer's Agent

Melissa Barlow

MB Real Estate and Asset Management License #01498928

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,278

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • 2,540 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 147
  • Tax Tract Number 234902
  • Assessor Parcel Number 4006006006

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,278

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • CapRate: 7.80
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 4006006006
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 192.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11379.00
  • Price Per Lot Square Foot: 43.06

Multi Family

  • Gross Scheduled Income: 38400.00
  • Net Operating Income: 38400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 147
  • Tax Tract Number: 234902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
Aug 31, 2016
Sold by
Burks Deedyre
Bought by
Broukhim Bejan
Seller's Agent
Christopher Sulentic
StoneCrest Real Estate
Buyer's Agent
Melissa Barlow
MB Real Estate and Asset Management
List Price
$490,000
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$392,000
Outstanding Balance
$185,774
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$729,252

Purchase Details

Closed on
Nov 9, 1996
Sold by
Thompson Tressa Y
Bought by
Burks Deedyre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,827
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 1996
Sold by
Hill Wendell J
Bought by
Thompson Tressa Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,827
Interest Rate
8.14%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $490,000 Fidelity National Title Co
Gift Deed -- --
Grant Deed $168,500 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 New Conventional
Previous Owner $465,000 Fannie Mae Freddie Mac
Previous Owner $356,250 Unknown
Previous Owner $102,738 Unknown
Previous Owner $65,297 Unknown
Previous Owner $5,500 Credit Line Revolving
Previous Owner $204,000 Unknown
Previous Owner $20,000 Unknown
Previous Owner $178,500 Unknown
Previous Owner $164,827 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $1,650,000 +236.7% $650 / Sq Ft
09/30/2016 09/30/16 Sold $490,000 0.0% $193 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $490,000 -- $193 / 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
2024 $7,278 $557,531 $341,347 $216,184
2023 $7,149 $546,600 $334,654 $211,946
2022 $6,837 $535,884 $328,093 $207,791
2021 $6,743 $525,377 $321,660 $203,717
2019 $6,552 $509,796 $312,120 $197,676
2018 $6,396 $499,800 $306,000 $193,800
2016 $3,040 $223,134 $132,426 $90,708
2015 $3,000 $219,783 $130,437 $89,346
2014 $3,034 $215,478 $127,882 $87,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16163883

California Regional Multiple Listing Service (CRMLS)

APN: 4006-006-006