NOT LISTED FOR SALE

6045 Maxwell Dr Paradise, CA 95969

Estimated Value: $46,000

1 Bed
1 Bath
8,600 Sq Ft
$5/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $451,400 $52 Per Sq Ft

Current estimated payment $292/month

142 Days on Market

Highlights

  • Fishing
  • No HOA
  • Brick Driveway
  • 0.95 Acre Lot
  • Foothills

About This Home

As of May 2016

This listing includes 6055 Maxwell. Fourteen one bedroom, one bath units in the center of town. Older out-of-town owners have not been able to attend to this property as it has required. There is a great deal of deferred maintenance. In order to utilize this complex the septic system will require a major upgrade at the time of purchase. The property offered is two parcels, totaling nearly an acre, with 8,600 square feet in improvements, per assessor. Potential profit source for the right buyer. Units D and E in north building are available to be viewed. Office unit in south building available to be viewed during office hours. Balance of units to be viewed upon contract acceptance. The figures used in this listing are actual, not pro-forma. Units will likely rent for $400 to $500 each, plus addition income from rental of garage space and storage space. CB522

Last Agent to Sell the Property

Ronald Knauff

Action Realty License #00621962 Listed on: 01/30/2016

Last Buyer's Agent

MaryAnn Scott

Parkway Real Estate Co. License #00784476

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $475

Year Built

  • Built in 1972

Lot Details

  • 0.95 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Density is 11-15 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Brick Driveway
  • Shared Driveway
  • Assigned Parking
  • Unassigned Parking

Home Design

  • 8,600 Sq Ft Home
  • Property Attached
  • Fixer Upper
  • Composition Roof

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 053030046000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 14 Units
  • Foothills

Recreation

  • Fishing

Building Details

  • 14 Separate Electric Meters
  • Electric Expense $3,000
  • Insurance Expense $4,532
  • Maintenance Expense $2,229
  • Trash Expense $4,900
  • Water Sewer Expense $3,967
  • New Taxes Expense $3,331
  • Gross Income $4,500
  • Net Operating Income $30,572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$475

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3967.00
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 053030046000
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 52.49

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway - Brick, Shared Driveway, Unassigned
  • Total Parking Spaces: 24.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 4900.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Foothills, Rural

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 41382.00
  • Price Per Lot Square Foot: 10.91
  • Lot Size Acres: 0.9500

Multi Family

  • Electric Expense: 3000.00
  • Gross Income: 4500.00
  • Gross Scheduled Income: 54120.00
  • Insurance Expense: 4532.00
  • Lot Size Area: 41382.0000 Square Feet
  • Maintenance Expense: 2229.00
  • Net Operating Income: 30572.00
  • Number Of Separate Electric Meters: 14
  • Number Of Units Total: 14
  • Operating Expense: 23548.00
  • Rent Control: No
  • Waterfront Features: Fishing in Community

Tax Info

  • New Taxes Expense: 3331.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Lupia Richard
Bought by
Lupia Richard
Current Estimated Value
$46,000

Purchase Details

Closed on
Apr 13, 2020
Sold by
Gray Eric and Gray Nona
Bought by
Gray Eric and Gray Nona

Purchase Details

Listed on
Jan 30, 2016
Closed on
May 23, 2016
Sold by
Heritage Land Co
Bought by
Gray Eric and Gray Nona
Seller's Agent
Ronald Knauff
Action Realty
Buyer's Agent
MaryAnn Scott
Parkway Real Estate Co.
List Price
$450,000
Sold Price
$451,400
Premium/Discount to List
$1,400
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.58%
Original Mortgage
$315,000
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Lupia Richard -- None Available
Gray Eric -- None Available
Gray Eric $451,500 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Eric $315,000
Previous Owner Heritage Land Company $185,000
Previous Owner Pa Heritage Land Company $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $451,400 +0.3% $52 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
10/12/2015 10/12/15 For Sale $450,000 -- $52 / 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 $475 $40,000 $40,000 --
2024 $475 $40,000 $40,000 $0
2023 $537 $45,000 $45,000 $0
2022 $537 $45,000 $45,000 $0
2021 $482 $40,000 $40,000 $0
2020 $465 $40,000 $40,000 $0
2019 $465 $40,000 $40,000 $0
2018 $2,804 $261,660 $78,030 $183,630
2017 $2,760 $256,530 $76,500 $180,030
2016 $1,910 $179,172 $19,502 $159,670
2015 $1,881 $176,482 $19,210 $157,272
2014 $1,847 $173,026 $18,834 $154,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PA15224129

California Regional Multiple Listing Service (CRMLS)

APN: 053-030-046-000