NOT LISTED FOR SALE

Estimated Value: $573,000 - $751,000

2 Beds
2 Baths
1,056 Sq Ft
$622/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $318,000 $301 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,871/month

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Granite Countertops
  • Two Homes on a Lot
  • Living Room

About This Home

As of August 2016

Completely remodeled duplex. Great opportunity to live in one and rent the 2nd unit. This property features 2 units 1 bedroom 1 bathroom each. This property has been completely remodeled, new kitchen cabinets with granite counter tops, new fixtures, and new flooring throughout, new interior and exterior paint, newer windows. Each unit with its own laundry room. Property has two car garage with an access from the alley and a large yard in the front and the back. First unit is under section 8.

Last Agent to Sell the Property

Gloria Valdez

REALTY ONE GROUP WEST License #01752381 Listed on: 06/13/2016

REALTY ONE GROUP WEST

Last Buyer's Agent

Jose Leiva

Century 21 Allstars License #01219706

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 5,200 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Rural Setting
  • Paved or Partially Paved Lot
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Property Attached
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • Living Room
  • Laminate Flooring

Kitchen

  • Gas and Electric Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Homes

  • Two Homes on a Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for gas, parking fee, trash collection, water
  • Tax Lot 48
  • Tax Tract Number 6543
  • Assessor Parcel Number 6029032024

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $960
  • Water Sewer Expense $1,800
  • New Taxes Expense $3,000
  • Gross Income $2,200
  • Net Operating Income $14,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • View: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 6029032024
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 301.14
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Rural

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Paved, Yard
  • Lot Size Sq Ft: 5200.00
  • Price Per Lot Square Foot: 59.62

Rental Info

  • Tenant Pays: Gas, Parking Fee, Trash Collection, Water

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 14600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 850.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Lot: 48
  • Tax Tract Number: 6543

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jul 9, 2016
Sold by
Esqueda Alex
Bought by
Andrade Miguel
Seller's Agent
Gloria Valdez
REALTY ONE GROUP WEST
Buyer's Agent
Jose Leiva
Century 21 Allstars
List Price
$310,000
Sold Price
$318,000
Premium/Discount to List
$8,000
2.58%
Current Estimated Value
$657,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,288
Avg. Annual Appreciation
7.99%
Original Mortgage
$291,208
Outstanding Balance
$232,771
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$424,517

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jul 17, 2014
Sold by
Alvarado Hector
Bought by
Esqueda Alex
Seller's Agent
Hector Alvarado
Hector Alvarado, Broker
Buyer's Agent
EDWIN URIARTE
INTEGRITY R. E. SOLUTIONS
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%

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
$264,957
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2012
Sold by
Alvarado Michelle
Bought by
Alvarado Hector

Purchase Details

Closed on
Jan 23, 2008
Sold by
Holmes Moore Mignonne
Bought by
Alvarado Hector

Purchase Details

Closed on
Sep 3, 2003
Sold by
Holmes Moore Mignonne
Bought by
Holmes Moore Mignonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
9.8%
Mortgage Type
Purchase Money Mortgage
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
Andrade Miguel $318,000 Lawyers Title
Esqueda Alex $280,000 Orange Coast Title Company
Alvarado Hector -- None Available
Alvarado Hector $240,000 United General Title Ins Co
Holmes Moore Mignonne -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrade Miguel $291,208
Previous Owner Esqueda Alex $264,957
Previous Owner Holmes Moore Mignonne $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2016 08/16/16 Sold $318,000 +2.6% $301 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $310,000 +10.7% $294 / Sq Ft
07/18/2014 07/18/14 Sold $280,000 +1.8% $265 / Sq Ft View Prior Sale
06/23/2014 06/23/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $275,000 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,600 $369,057 $239,076 $129,981
2024 $4,600 $361,822 $234,389 $127,433
2023 $4,514 $354,729 $229,794 $124,935
2022 $4,307 $347,775 $225,289 $122,486
2021 $4,253 $340,957 $220,872 $120,085
2019 $4,128 $330,846 $214,322 $116,524
2018 $4,068 $324,360 $210,120 $114,240
2016 $3,558 $284,270 $182,745 $101,525
2015 $3,507 $280,000 $180,000 $100,000
2014 $6,035 $480,031 $354,666 $125,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16127014

California Regional Multiple Listing Service (CRMLS)

APN: 6029-032-024