NOT LISTED FOR SALE

Estimated Value: $816,000 - $1,033,000

8 Beds
4 Baths
4,431 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $523,500 $118 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,489/month

224 Days on Market

Highlights

  • Central Heating and Cooling System
  • 8 Car Garage
  • 1-Story Property

About This Home

As of June 2016

PRICE REDUCTION. Present ALL OFFERS. The property is 100% occupied. Built in 2006, the property consists of 2 - 3 bedroom / 2 bathrooms and 2- 2 bedroom / 2 bathroom units. Tenants have the luxury of having a 2 car garage, Interior Washer and Dryer Hook-Ups. The property was constructed with wood frame and stucco and it's a low maintenance property.

Last Agent to Sell the Property

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 09/23/2015

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,678

Year Built

  • Built in 2006

Lot Details

  • 0.31

Parking

  • 8 Car Garage

Interior Spaces

  • 4,431 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 0.31 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 49147116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,678

Year Built

Built in 2006

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4431
  • Probate: No
  • Stories: 1
  • Year Built: 2006
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 123.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 8
  • Garage Structures: 4
  • Parking Garage: Garage
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Electric Expense: 748.00
  • Heating: Central
  • Water Expense: 352.00

Fee Information

  • Insurance Expense: 1329.00
  • Maintenance Expense: 1801.00
  • Management Expense: 1921.00
  • Trash Expense: 804.00

Lot Info

  • Assessed Improvement Value: 289500
  • Assessed Land Value: 65000
  • Assessor Parcel Number: 49147116
  • Geocode Override: No
  • Lot Size Area: 13504

Rental Info

  • Total Actual Rent: 53040.00
  • Monthly Gross Income: 4420.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.01
  • Number Of Units: 4
  • Total Annual Expense: 14353
  • Type Of Units: 4
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 6163.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
Fattouch Wadid and Fattouch Nelly
Bought by
Fattouch Family Trust and Fattouch
Current Estimated Value
$1,007,410

Purchase Details

Listed on
Sep 23, 2015
Closed on
May 16, 2016
Sold by
Conde Joel N and Conde Aura E
Bought by
Fattouch Wadid and Fattouch Nelly
Seller's Agent
Daniel Withers
Matthews Real Estate Investment Services
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$593,000
Sold Price
$523,500
Premium/Discount to List
-$69,500
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$392,250
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2010
Sold by
Conde Joel N and Conde Aura E
Bought by
Conde Joel N and Conde Aura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
Conde Joel N and Conde Aura E
Bought by
Conde Joel N and Conde Aura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,896
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 2, 2006
Sold by
Cartagena Group Ltd
Bought by
Conde Joel and Conde Aura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,896
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 2, 2006
Sold by
Cartagena Group Ltd
Bought by
Cartagena Group Ltd

Purchase Details

Closed on
Aug 17, 2005
Sold by
Denela Llc
Bought by
Cartegna Group Ltd
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
Fattouch Family Trust -- None Listed On Document
Fattouch Wadid $523,500 North American Title Co Inc
Conde Joel N -- Advantage Title Company
Conde Joel N -- None Available
Conde Joel $723,000 Stewart Title Of Ca Inc
Cartagena Group Ltd -- Stewart Title
Cartegna Group Ltd $1,336,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fattouch Wadid $383,500
Previous Owner Fattouch Wadid $392,250
Previous Owner Conde Joel N $374,000
Previous Owner Conde Joel N $370,000
Previous Owner Conde Joel $372,896
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $523,500 -11.7% $118 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
09/23/2015 09/23/15 For Sale $593,000 -- $134 / Sq Ft
Source: The MLS

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 $11,678 $619,710 $82,861 $536,849
2024 $11,678 $607,560 $81,237 $526,323
2023 $11,292 $595,648 $79,645 $516,003
2022 $10,842 $583,970 $78,084 $505,886
2021 $10,454 $572,520 $76,553 $495,967
2020 $10,079 $566,651 $75,769 $490,882
2019 $9,951 $566,651 $75,769 $490,882
2018 $9,602 $544,649 $72,828 $471,821
2017 $9,601 $533,970 $71,400 $462,570
2016 $8,699 $520,000 $104,000 $416,000
2015 $7,031 $377,000 $57,000 $320,000
2014 $6,719 $354,500 $65,000 $289,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-944431

The MLS

APN: 491-471-16-00-1