NOT LISTED FOR SALE

Estimated Value: $567,000 - $854,000

4 Beds
2 Baths
1,432 Sq Ft
$528/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2018

Last sale price $575,000 $402 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,829 / mo

38 Days on Market

Highlights

  • Laundry Facilities
  • Cabrillo Avenue Elementary School Rated 9+
  • Wall Furnace

About This Home

As of January 2018

Great buy-two spacious and separate dwellings both featuring 2 beds one bath. Both units have there own little yards. Rents are very stable and owner has kept them up nicely. Both units are tenant occupied and will be delivered so.

Last Agent to Sell the Property

Matteo Bommarito

Keller Williams Realty License #01367522 Listed on: 09/15/2017

Keller Williams Realty

Last Buyer's Agent

Matteo Bommarito

Keller Williams Realty License #01367522 Listed on: 09/15/2017

Keller Williams Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,432 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 2966
  • Assessor Parcel Number 7454002016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Fuel Expense $720
  • Insurance Expense $1,000
  • Trash Expense $480
  • Water Sewer Expense $1,800
  • New Taxes Expense $7,000
  • Operating Expense $11,360
  • Gross Income $37,580
  • Net Operating Income $37,580

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

5,001 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 7454002016
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 401.54

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5001.00

Multi Family

  • Electric Expense: 360.00
  • Fuel Expense: 720.00
  • Gross Income: 37580.00
  • Gross Scheduled Income: 40080.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 37580.00
  • 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: 2500.00
  • Rent Control: Yes
  • Total Expenses: 11360.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Census Tract: 2966.00
  • Tax Lot: 17
  • Tax Tract Number: 2966

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

Listed on
Sep 15, 2017
Closed on
Jan 3, 2018
Sold by
Bought by
Seller's Agent
Matteo Bommarito
Keller Williams Realty
Buyer's Agent
Matteo Bommarito
Keller Williams Realty
List Price
$593,000
Sold Price
$575,000
Premium/Discount to List
-$18,000
-3.04%
Current Estimated Value
$756,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,408
Avg. Annual Appreciation
3.23%
Original Mortgage
$488,750
Outstanding Balance
$411,272
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$345,136

Purchase Details

Listed on
Jul 1, 2015
Closed on
Aug 4, 2015
Sold by
Bought by
Seller's Agent
Armando Mendoza
West Shores Realty, Inc.
Buyer's Agent
Matteo Bommarito
Keller Williams Realty
List Price
$447,500
Sold Price
$447,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$439,394
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 12, 2015
Closed on
Mar 24, 2015
Sold by
Bought by
Seller's Agent
Fred DiBernardo
Fred DiBernardo
Buyer's Agent
Armando Mendoza
West Shores Realty, Inc.
List Price
$439,000
Sold Price
$350,000
Premium/Discount to List
-$89,000
-20.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.80%
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
$575,000 Fidelity National Title
-- Fidelity National Title
$447,500 Fidelity National Title Co
$350,000 Fidelity National Title Co
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 $488,750
Previous Owner $439,394
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 Prior Sale
01/10/2018 01/10/18 Sold $575,000 -1.7% $402 / Sq Ft
01/03/2018 01/03/18 Price Changed $585,000 0.0% $409 / Sq Ft
12/19/2017 12/19/17 Price Changed $585,000 0.0% $409 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/22/2017 10/22/17 Pending -- -- --
09/18/2017 09/18/17 Price Changed $585,000 -1.3% $409 / Sq Ft
09/15/2017 09/15/17 For Sale $593,000 +32.5% $414 / Sq Ft
08/07/2015 08/07/15 Sold $447,500 0.0% $249 / Sq Ft View Prior Sale
07/08/2015 07/08/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $447,500 +27.9% $249 / Sq Ft
04/02/2015 04/02/15 Sold $350,000 -20.3% $194 / Sq Ft View Prior Sale
03/20/2015 03/20/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $439,000 -- $244 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $8,050 $654,246 $426,683 $227,563
2024 $7,964 $641,418 $418,317 $223,101
2023 $7,811 $628,842 $410,115 $218,727
2022 $7,448 $616,513 $402,074 $214,439
2021 $7,355 $604,426 $394,191 $210,235
2020 $7,428 $598,230 $390,150 $208,080
2019 $7,136 $586,500 $382,500 $204,000
2018 $5,735 $465,579 $278,307 $187,272
2017 $5,571 $456,450 $272,850 $183,600
2016 $5,438 $447,500 $267,500 $180,000
2015 $594 $41,158 $38,531 $2,627
2014 -- $40,353 $37,777 $2,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17213450

California Regional Multiple Listing Service (CRMLS)

APN: 7454-002-016

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