NOT LISTED FOR SALE

625 David Ave Red Bluff, CA 96080

Estimated Value: $349,000 - $436,000

8 Beds
4 Baths
3,200 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $160,000 $50 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,227/month

35 Days on Market

About This Home

As of July 2012

this 4 plex needs some TLC to bring in the best renters

Last Agent to Sell the Property

Jon Scholzen

North State Properties License #01441074 Listed on: 06/26/2012

North State Properties

Last Buyer's Agent

Kam Lalaguna

Round Up Realty License #01153931

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 9,542

Home Design

  • 3,200 Sq Ft Home
  • Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Laundry Room
  • 9,542 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 031010101

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,900
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $2,200
  • Gross Income $2,200
  • Net Operating Income $1,700

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 031010101
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 50.00

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Community
  • Trash Expense: 100.00
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 9542.00
  • Lot Size Acres: 0.2190

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 2200.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 9542.0000 Square Feet
  • Net Operating Income: 1700.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2200.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2014
Sold by
Palermo Louis A and Palermo Melissa S
Bought by
Peconom Bradley J
Current Estimated Value
$389,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$95,847
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$293,262

Purchase Details

Closed on
Dec 31, 2012
Sold by
Palermo Frank G and Palermo Prospera
Bought by
Palermo Louis A and Palermo Melissa S

Purchase Details

Listed on
Jun 26, 2012
Closed on
Jul 16, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Palermo Frank G and Palermo Prospera
Seller's Agent
Jon Scholzen
North State Properties
Buyer's Agent
Kam Lalaguna
Round Up Realty
List Price
$124,900
Sold Price
$160,000
Premium/Discount to List
$35,100
28.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Apr 10, 2012
Sold by
Aurora Loan Services Llc
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 7, 2011
Sold by
Gee Rodney
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jul 31, 2004
Sold by
Yi Noel and Yi Meiling
Bought by
Gee Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 2, 2001
Sold by
Bryant Gerald W and Bryant Theresa M
Bought by
Yi Noel and Yi Meiling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.54%
Mortgage Type
Seller Take Back
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
Peconom Bradley J $181,500 Fidelity National Title Co
Palermo Louis A $173,000 None Available
Palermo Frank G $160,000 Lsi Title
Nationstar Mortgage Llc $160,000 Lsi Title
Aurora Loan Services Llc $306,383 Accommodation
Gee Rodney $295,000 Fidelity National Title
Yi Noel $490,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peconom Bradley J $126,000
Previous Owner Gee Rodney $236,000
Previous Owner Yi Noel $350,000
Closed Gee Rodney $44,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $160,000 +28.1% $50 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $124,900 -- $39 / 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 $2,266 $222,421 $49,029 $173,392
2023 $2,228 $213,786 $47,126 $166,660
2022 $2,213 $209,595 $46,202 $163,393
2021 $2,124 $205,487 $45,297 $160,190
2020 $2,168 $203,381 $44,833 $158,548
2019 $2,182 $199,394 $43,954 $155,440
2018 $2,018 $195,486 $43,093 $152,393
2017 $2,036 $191,654 $42,249 $149,405
2016 $1,902 $187,897 $41,421 $146,476
2015 -- $185,075 $40,799 $144,276
2014 $1,636 $160,725 $40,181 $120,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TC12087619

California Regional Multiple Listing Service (CRMLS)

APN: 031-010-010-000