NOT LISTED FOR SALE

Estimated Value: $640,000 - $1,197,000

4 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold August 30, 2012

Last sale price $370,000

Est. 164% increase in value since last sale

Current estimated payment $5,551/month

30 Days on Market

Highlights

  • Custom Home
  • No HOA
  • Central Heating and Cooling System
  • Centennial High School Rated A-
  • Laundry Room
  • Carpet

About This Home

As of August 2012

Clean well kept four plex. Two vacant units recently remodeled. Excellent owner/occupier building. Four enclosed garages. Easy freeway access. Charming building.

Last Agent to Sell the Property

Daniel Corcoran

Corcoran Group of California Inc. License #00451125 Listed on: 05/26/2012

Corcoran Group of California Inc.

Co-Listed By

Kim Suman

Corcoran Group of California Inc. License #01437996

Last Buyer's Agent

Jose Aqueveque

Arroyo Properties, Inc. License #00674496

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,035

Year Built

  • Built in 1992

Lot Details

  • 6,970 Sq Ft Lot
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Custom Home
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Dishwasher
  • Carpet
  • Laundry Room

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 117164015

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Gross Income $2,820
  • Net Operating Income $23,688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,035

Year Built

Built in 1992

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 7.00
  • Water Sewer Expenses: 1.00
  • Architectural Style: Custom Built, Contemporary
  • Property Type: Residential Income
  • Parcel Number: 117164015
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Yes

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Community
  • Trash Expense: 1.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 2820.00
  • Gross Multiplier: 9.89
  • Gross Scheduled Income: 33840.00
  • Insurance Expense: 1.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 23688.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 12864.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 2820.00

Tax Info

  • New Taxes Expense: 1.00
  • Taxes Percent: 1.25
  • Tax Lot: 10
  • Tax Tract Number: ???
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2012
Closed on
Jul 30, 2012
Sold by
Clemente Yanira
Bought by
Clemente Jorge
Seller's Agent
Daniel Corcoran
Corcoran Group of California Inc.
Buyer's Agent
Jose Aqueveque
Arroyo Properties, Inc.
List Price
$335,000
Sold Price
$370,000
Premium/Discount to List
$35,000
10.45%
Current Estimated Value
$978,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,365
Avg. Annual Appreciation
7.66%
Original Mortgage
$277,500
Interest Rate
3.53%
Mortgage Type
Commercial

Purchase Details

Listed on
May 26, 2012
Closed on
Jul 5, 2012
Sold by
Munoz Melinda Wayne
Bought by
Clemente Jorge
Seller's Agent
Daniel Corcoran
Corcoran Group of California Inc.
Buyer's Agent
Jose Aqueveque
Arroyo Properties, Inc.
List Price
$335,000
Sold Price
$370,000
Premium/Discount to List
$35,000
10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
3.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 1998
Sold by
Gregory Munoz
Bought by
Munoz Gregory
Source: Public Records

Range of Values:

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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
Clemente Jorge -- None Available
Clemente Jorge -- First American Title Company
Clemente Jorge $370,000 First American Title Company
Munoz Gregory -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clemente Jorge $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2012 08/30/12 Sold $370,000 +10.4% --
06/25/2012 06/25/12 Pending -- -- --
05/26/2012 05/26/12 For Sale $335,000 -- --
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 $5,035 $455,615 $153,921 $301,694
2023 $5,035 $437,925 $147,945 $289,980
2022 $4,877 $429,340 $145,045 $284,295
2021 $4,780 $420,922 $142,201 $278,721
2020 $4,728 $416,607 $140,743 $275,864
2019 $4,620 $408,439 $137,984 $270,455
2018 $4,516 $400,431 $135,279 $265,152
2017 $4,406 $392,580 $132,627 $259,953
2016 $4,364 $384,883 $130,027 $254,856
2015 $4,269 $379,104 $128,075 $251,029
2014 -- $371,679 $125,567 $246,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: E12066639

California Regional Multiple Listing Service (CRMLS)

APN: 117-164-015