NOT LISTED FOR SALE

Estimated Value: $761,000 - $1,357,000

11 Beds
4 Baths
4,085 Sq Ft
$227/Sq Ft Est. Value

Last Sold February 06, 2018

Last sale price $760,000 $186 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,913/month

3 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • Carpet
  • Accessible Parking
  • Ceiling Fan

About This Home

As of February 2018

Very nice and well maintained four-plex located in the beautiful Santa Maria Valley. This property features a two story tri-plex each consisting of 3 bedrooms 1 bath with one car attached garage and a house with two bedrooms, one full bath, a carport. The tri-plex was built in 2006, they all have new laminate flooring throughout, and carpet in the bedrooms, a large kitchen, good size bedrooms, laundry hook-ups in the garage, garage with automatic door openers, an extra parking spot for each unit, and fire sprinklers in each unit. The front house was built in 1949, with two bedrooms, one full bath, office/or 3rd rm., living room with fireplace, and in-door laundry, it has a newer roof, new dual pane windows, new interior and exterior paint, new double wall furnace, remodeled bathroom, and with hard wood floors and some laminate, parking includes a carport and two extra parking spots. This property is professionally managed. They are very well maintained. Both the tri-plex and house have termite clearance. Each unit is on separate meters for all utilities. Each tenant pays rent and for all their utilities. All tenants are on a month to month lease agreement. This beautiful property is located at the end of a cul-de-sac, next to schools, parks, shopping, hospital, and easy freeway access. You can buy this property as an investment property or as a primary residence where you live in one and rent out the other three.

Last Agent to Sell the Property

James Gallegos

Century 21 Masters-SM License #01714421 Listed on: 01/17/2018

Century 21 Masters-SM

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,200

Year Built

  • Built in 2006

Lot Details

  • 10,890 Sq Ft Lot
  • 1 Common Wall

Parking

  • 3 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,085 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 11 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Water Heater
  • Phone Connected
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, trash collection, water
  • Assessor Parcel Number 1212030110000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $2,500
  • New Taxes Expense $6,200
  • Operating Expense $9,300
  • Gross Income $68,400
  • Net Operating Income $59,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,200

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: SM Northeast(910)
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 1212030110000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Price Per Square Foot: 186.05
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace, Forced Air
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10890.00

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 68400.00
  • Gross Operating Income: 68400.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 2500.00
  • Net Operating Income: 59100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 9300.00
  • Rent Control: No
  • Total Expenses: 9300.00
  • Vacancy Allowance Rate: 100.00

Tax Info

  • New Taxes Expense: 6200.00
  • Taxes Percent: 1.20
  • Tax Annual Amount: 6200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2018
Sold by
Chavez Daniel and Chavez Alyson
Bought by
Chavez Daniel and Chavez Alyson
Current Estimated Value
$926,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2018
Sold by
Chavez Daniel and Chavez Lorena C
Bought by
Chavez Daniel and Chavez Lorena C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2018
Sold by
Chavez Alyson
Bought by
Chavez Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2018
Closed on
Mar 12, 2018
Sold by
Dl Chavez Properties Llc
Bought by
Chavez Daniel and Chavez Lorena C
Seller's Agent
James Gallegos
Century 21 Masters-SM
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$759,900
Sold Price
$760,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$53,200
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2018
Closed on
Jan 30, 2018
Sold by
Patten Melvin L and Patten Mercedes M
Bought by
Dl Chavez Properties Llc
Seller's Agent
James Gallegos
Century 21 Masters-SM
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$759,900
Sold Price
$760,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2016
Sold by
Patten Melvin L and Patten Mercedes M
Bought by
Patten Melvin L and Patten Mercedes M

Purchase Details

Closed on
Aug 2, 2003
Sold by
Shivley Elizabeth Q
Bought by
Patten Melvin L and Patten Mercy M

Purchase Details

Closed on
May 12, 2003
Sold by
Williams David L and Williams Jackie E
Bought by
Shivley Elizabeth Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2000
Sold by
Iford Larry J
Bought by
Williams David L and Williams Jackie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
8.24%
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
Chavez Daniel -- None Available
Chavez Daniel -- None Available
Chavez Daniel -- First American Title Ins Co
Chavez Daniel -- First American Title
Chavez Daniel -- First American Title
Dl Chavez Properties Llc $760,000 Fidelity National Title Co
Patten Melvin L -- None Available
Patten Melvin L $110,000 --
Shivley Elizabeth Q $299,000 Fidelity National Title Co
Williams David L $139,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Daniel $516,000
Closed Chavez Daniel $53,200
Previous Owner Patten Melvin L $43,750
Previous Owner Patten Melvin L $656,250
Previous Owner Patten Melvin L $470,700
Previous Owner Shivley Elizabeth Q $110,000
Previous Owner Williams David L $141,500
Previous Owner Williams David L $104,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2018 02/06/18 Sold $760,000 0.0% $186 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $759,900 -- $186 / 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 $10,471 $864,744 $170,671 $694,073
2023 $10,471 $831,167 $164,045 $667,122
2022 $10,083 $814,871 $160,829 $654,042
2021 $9,783 $798,894 $157,676 $641,218
2020 $9,756 $790,704 $156,060 $634,644
2019 $9,628 $775,200 $153,000 $622,200
2018 $9,388 $751,935 $202,425 $549,510
2017 $7,869 $614,000 $166,000 $448,000
2016 $7,080 $558,000 $151,000 $407,000
2015 $6,752 $531,000 $144,000 $387,000
2014 $6,077 $483,000 $131,000 $352,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI18013496

California Regional Multiple Listing Service (CRMLS)

APN: 121-203-011