NOT LISTED FOR SALE

Estimated Value: $674,879 - $1,019,000

3 Beds
2 Baths
1 Sq Ft
$786,220/Sq Ft Est. Value

Last Sold August 30, 2018

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

Est. 83% increase in value since last sale

Current estimated payment $4,553/month

178 Days on Market

Highlights

  • Laundry Room
  • Wood Fence
  • Gas Fireplace
  • Central Heating
  • Back Yard
  • 1-Story Property

About This Home

As of August 2018

Very nice investing property.......

Last Agent to Sell the Property

Ray Zamora

West Point Realty License #01090449 Listed on: 02/13/2018

Last Buyer's Agent

Manuel Luna

West Point Realty License #01366025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 226031018

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,680
  • Fuel Expense $360
  • Insurance Expense $1,100
  • Trash Expense $380
  • Water Sewer Expense $1,080
  • New Taxes Expense $6,000
  • Operating Expense $10,600
  • Gross Income $1,200
  • Net Operating Income $290

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1080.00
  • Zoning: R3R
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 226031018
  • Year Built: 1985
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room, Gas
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 380.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 7841.00

Multi Family

  • Electric Expense: 1680.00
  • Fuel Expense: 360.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 1200.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 290.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 290.00
  • Rent Control: No
  • Total Expenses: 10600.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 308.00
  • Tax Lot: 00
  • Tax Tract Number: oo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Aug 2, 2018
Sold by
Abundis Elias
Bought by
Vazquez Juan D and Vazquez Ana
Seller's Agent
Ray Zamora
West Point Realty
Buyer's Agent
Manuel Luna
West Point Realty
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Current Estimated Value
$786,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,220
Avg. Annual Appreciation
8.57%
Original Mortgage
$344,000
Outstanding Balance
$298,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$487,470

Purchase Details

Closed on
Jan 24, 2005
Sold by
Abundis Ignacia Arista
Bought by
Abundis Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,400
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2005
Sold by
Romero Sergio and Romero Alicia
Bought by
Abundis Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,400
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2004
Sold by
Romero Sergio and Gomez Rafael
Bought by
Romero Sergio and Romero Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 1998
Sold by
Gomez Marisol
Bought by
Gomez Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,043
Interest Rate
6.86%
Mortgage Type
FHA
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
Vazquez Juan D $430,000 First American Title Company
Abundis Elias -- Chicago Title Co
Abundis Elias $473,000 Chicago Title Co
Romero Sergio $38,000 New Century Title Company Ri
Gomez Rafael -- First American Title Co
Romero Sergio -- First American Title Co
Romero Sergio $144,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Juan D $344,000
Previous Owner Abundis Elias $378,400
Previous Owner Romero Sergio $273,750
Previous Owner Romero Sergio $143,043
Closed Romero Sergio $54,750
Closed Abundis Elias $94,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $430,000 -3.4% $430,000 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $445,000 -- $445,000 / 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 $5,211 $479,667 $83,658 $396,009
2023 $5,211 $461,043 $80,410 $380,633
2022 $5,093 $452,004 $78,834 $373,170
2021 $5,026 $443,142 $77,289 $365,853
2020 $4,988 $438,599 $76,497 $362,102
2019 $4,894 $430,000 $74,998 $355,002
2018 $6,487 $579,440 $183,753 $395,687
2017 $6,370 $568,079 $180,150 $387,929
2016 $6,617 $556,941 $176,618 $380,323
2015 $5,871 $548,577 $173,966 $374,611
2014 $5,816 $537,833 $170,559 $367,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18035886

California Regional Multiple Listing Service (CRMLS)

APN: 226-031-018