NOT LISTED FOR SALE

Estimated Value: $214,000 - $249,000

3 Beds
1 Bath
1,388 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $86,000 $62 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,373/month

105 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Living Room
  • Private Yard
  • Neighborhood Views
  • Laundry Room

About This Home

As of April 2018

Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018

Last Agent to Sell the Property

JOSEPH LOPEZ

JOSEPH LOPEZ, BROKER License #01199650 Listed on: 12/07/2017

Last Buyer's Agent

JOSEPH LOPEZ

JOSEPH LOPEZ, BROKER License #01199650 Listed on: 12/07/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,836

Year Built

  • Built in 1925

Lot Details

  • 7,486 Sq Ft Lot
  • Chain Link Fence
  • Private Yard
  • Front Yard

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,388 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Bonus Room
  • Neighborhood Views

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0162900800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,836

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0162900800
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1388.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 61.96
  • Room Type: Bonus Room, Family Room, Laundry, Living Room

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 7486.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 15.00
  • Tax Lot: 000
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Garcia Primitivo Cortez
Bought by
Garcia Primitivo Cortez
Current Estimated Value
$233,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$82,421
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$150,579

Purchase Details

Listed on
Dec 7, 2017
Closed on
Apr 2, 2018
Sold by
Mgl Holdings Llc
Bought by
Cortez Primitivo
Seller's Agent
JOSEPH LOPEZ
JOSEPH LOPEZ, BROKER
Buyer's Agent
JOSEPH LOPEZ
JOSEPH LOPEZ, BROKER
List Price
$93,800
Sold Price
$86,000
Premium/Discount to List
-$7,800
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%

Purchase Details

Listed on
Dec 1, 2016
Closed on
Mar 17, 2017
Sold by
Chico Susie A
Bought by
Mgl Holdings Llc
Seller's Agent
Debra Banducci
Magic Real Estate
Buyer's Agent
Debra Banducci
Magic Real Estate
List Price
$69,750
Sold Price
$53,000
Premium/Discount to List
-$16,750
-24.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.27%

Purchase Details

Closed on
Mar 13, 2002
Sold by
Garcia Anita S
Bought by
Chico Susie A
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
Garcia Primitivo Cortez -- Chicago Title
Cortez Primitivo $86,000 First American Title Co
Mgl Holdings Llc $53,000 Placer Title Company
Chico Susie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Primitivo Cortez $85,000
Closed Cortez Primitivo $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2018 04/12/18 Sold $86,000 -4.3% $62 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
03/20/2018 03/20/18 Price Changed $89,900 -5.4% $65 / Sq Ft
03/05/2018 03/05/18 Price Changed $95,000 +1.3% $68 / Sq Ft
01/03/2018 01/03/18 For Sale $93,800 0.0% $68 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $93,800 +77.0% $68 / Sq Ft
03/27/2017 03/27/17 Sold $53,000 -24.0% $7 / Sq Ft View Prior Sale
12/01/2016 12/01/16 For Sale $69,750 -- $9 / 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 $1,836 $97,848 $34,133 $63,715
2024 $1,792 $95,930 $33,464 $62,466
2023 $1,792 $94,050 $32,808 $61,242
2022 $1,741 $92,207 $32,165 $60,042
2021 $1,639 $90,400 $31,535 $58,865
2020 $1,604 $89,474 $31,212 $58,262
2019 $1,573 $89,474 $31,212 $58,262
2018 $1,156 $54,060 $25,500 $28,560
2017 $1,384 $72,409 $25,450 $46,959
2016 $1,290 $70,990 $24,951 $46,039
2015 $1,278 $69,925 $24,577 $45,348
2014 $1,238 $68,556 $24,096 $44,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17271459

California Regional Multiple Listing Service (CRMLS)

APN: 016-290-08-00-4