NOT LISTED FOR SALE
12 Beds
8 Baths
4,784 Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: June 22, 2016

Last sale price $1,125,000 $235 Per Sq Ft

9 Days on Market

Highlights

  • 4 Car Detached Garage
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of June 2016

18 year old spacious 4 plex with below market rents. Upside potential. Approximatey 1196 sqft each, 3 beds/2 baths each, large walk-in closets, tile floors. Open and bright, 2 buildings, no common walls. All utilities separately metered. Lower levels have backyards approx 12'x30'. Upper units have balconies approx 7'x25'. Each unit has enclosed garage plus one assigned exterior parking space. Exterior painting scheduled. DO NOT DISTURB TENANTS. NO SIGN ON PROPERTY. MAKE OFFER SUBJECT TO INSPECTION.

Last Agent to Sell the Property

Margaret Vierra

EXIT Realty Consultants License #01183425 Listed on: 05/10/2016

EXIT Realty Consultants

Last Buyer's Agent

David Long

Christie's International Real Estate Sereno License #00956085

Christie's International Real Estate Sereno
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1998

Lot Details

  • 0.31

Parking

  • 4 Car Detached Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,784 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Additional Features

  • 13,504 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $80,400

Community Details

Overview

  • 4,784 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $480
  • Insurance Expense $2,340
  • Other Expense $480
  • Utility Expense $420
  • Trash Expense $2,484
  • Operating Expense $17,533
  • Gross Income $78,660

Property Details

Home Type

Multi-Family

Year Built

1998

Lot Details

0.31 Acres

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4784
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1998

Interior Features

  • Living Sq Ft: 4784
  • Stories: 2
  • Flooring: Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Detached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.3100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13503.60
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13503.60

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.49
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2340
  • Expense Landscape: 480
  • Expenses Other: 480
  • Expenses Total: 17533
  • Expenses Utility: 420
  • Expense Trash: 2484
  • Income Annual Gross: 78660.00
  • Income Annual Rental: 80400
  • Income Gross Scheduled: 82800
  • Income Includes: Laundry
  • Income Other: 2400
  • Meters: Separate Common Area, Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Equipment/Fixture Rental, Fee - Property Tax, Insurance, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2017
Sold by
Vatanparast Ramin and Asil Mahsa Shirmohammadzadeh
Bought by

Purchase Details

Listed on
May 10, 2016
Closed on
Jun 15, 2016
Sold by
Sousa Isilda
Bought by
Ashkar Kamran Feizollahi and Zohori Floura T
Seller's Agent
Margaret Vierra
EXIT Realty Consultants
Buyer's Agent
David Long
Christie's International Real Estate Sereno
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Almeida Afonso D and Almeida Clorete
Bought by
Sousa Isilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 15, 2001
Sold by
Almeida Afonso D and Almeida Clorete
Bought by
Almeida Afonso D and Almeida Clorete

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Interest Rate
7.14%

Purchase Details

Closed on
Jul 28, 1998
Sold by
Almeida Afonso D and Almeida Clorete
Bought by
Almeida Afonso D and Almeida Clorete
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Ashkar Kamran Feizollahi $1,125,000 Cornerstone Title Company
Sousa Isilda $975,000 Old Republic Title Company
Almeida Afonso D -- Fidelity National Title Co
Almeida Afonso D -- --
Almeida Afonso D -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,414,000
Previous Owner Ashkar Kamran Feizollahi $752,500
Previous Owner Sousa Isilda $633,750
Previous Owner Almeida Afonso D $506,000
Previous Owner Almeida Afonso D $500,500
Previous Owner Almeida Afonso D $344,520
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/22/2016 06/22/16 Sold $1,125,000 -6.3% $235 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $1,200,000 -- $251 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,421 $1,358,400 $603,733 $754,667
2025 $16,164 $1,331,766 $591,896 $739,870
2024 $16,164 $1,305,654 $580,291 $725,363
2023 $16,071 $1,280,054 $568,913 $711,141
2022 $15,811 $1,254,956 $557,758 $697,198
2021 $15,745 $1,230,350 $546,822 $683,528
2020 $15,573 $1,217,736 $541,216 $676,520
2019 $15,428 $1,193,859 $530,604 $663,255
2018 $14,404 $1,170,450 $520,200 $650,250
2017 $14,712 $1,147,500 $510,000 $637,500
2016 $13,605 $1,060,000 $540,000 $520,000
2015 $11,329 $920,000 $460,000 $460,000
2014 $10,928 $875,000 $400,000 $475,000
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81584765

MLSListings

APN: 841-12-055

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