NOT LISTED FOR SALE

650 Fairview Ave Corning, CA 96021

Corning Area
8 Beds
4 Baths
3,000 Sq Ft
0.66 Acre Lot

Sale Details

Date Sold: May 18, 2015

Last sale price $1,050,000 $350 Per Sq Ft

13 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

As of May 2015

Great 24 unit complex comprised of all 2 bedroom units

Last Agent to Sell the Property

James Quessenberry

Northwind Commercial Inc License #01264498 Listed on: 01/20/2015

Last Buyer's Agent

James Quessenberry

Northwind Commercial Inc License #01264498 Listed on: 01/20/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,689

Year Built

  • Built in 1973

Lot Details

  • 28,750 Sq Ft Lot
  • Lot Dimensions are 200x143.75

Home Design

  • Colonial Architecture

Parking

  • 24 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • 2-Story Property
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 071-091-12-1

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 24 Units

Building Details

  • 24 Leased Units
  • 24 Units Leased Month-To-Month
  • Insurance Expense $7,200
  • Operating Expense $74,737

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,689

Year Built

Built in 1973

Lot Details

0.66 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1973
  • Accessibility Features: 0
  • Architectural Style: Colonial
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Cement Siding,Frame,Stucco
  • Disclosures/Documents: See Remarks
  • Listing Price: 1125000.00
  • Patio And Porch Features: Uncovered Deck,Uncovered Patio
  • Roof: Composition,Flat

Garage/Parking

  • Open Parking Spaces: 24
  • Parking Features: Open,1 Space Per Unit

Utilities

  • Security: See Remarks
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: MF
  • Lot Size Acres: 0.6600
  • Lot Dimensions: 200x143.75
  • Lot Size Sq Ft: 28750

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 24

Multi Family

  • Operating Expense: 74737
  • Income Includes: Coin Operated Equipment,Laundry
  • Existing Lease Type: See Remarks
  • Insurance Expense: 7200
  • Number of Leased Units: 24
  • Number of Month to Month Units: 24
  • Number of Units: 24
  • Units Furnished: None
  • Gross Income Multiplier: 6.100

Tax Info

  • Assessor Parcel Number: 071-091-12-1
  • Current RE Taxes: 11689

MLS Schools

  • School District (County): Tehama

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
Sep 23, 2019
Sold by
Bought by

Purchase Details

Listed on
Jan 20, 2015
Closed on
Apr 10, 2015
Sold by
Bought by
Seller's Agent
James Quessenberry
Northwind Commercial Inc
Buyer's Agent
James Quessenberry
Northwind Commercial Inc
List Price
$1,125,000
Sold Price
$1,050,000
Premium/Discount to List
-$75,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.0373%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.0388%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.0446%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 8, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,033,000
Interest Rate
0.0661%
Mortgage Type
Seller Take Back
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
$1,050,000 Placer Title Co
-- None Available
-- Northern California Title Co
$600,000 Placer Title Company
$1,143,821 None Available
$1,275,000 Cornerstone Title Company
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 $550,000
Previous Owner $525,000
Previous Owner $500,000
Previous Owner $1,033,000
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
05/18/2015 05/18/15 Sold $1,050,000 -6.7% $350 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $1,125,000 -- $375 / Sq Ft
Source: MetroList

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 $13,146 $1,272,932 $84,124 $1,188,808
2023 $12,785 $1,212,931 $80,858 $1,132,073
2022 $12,606 $1,189,149 $79,273 $1,109,876
2021 $12,134 $1,165,833 $77,719 $1,088,114
2020 $12,262 $1,153,880 $76,923 $1,076,957
2019 $11,761 $1,131,256 $75,415 $1,055,841
2018 $11,780 $1,109,076 $73,937 $1,035,139
2017 $11,702 $1,087,331 $72,488 $1,014,843
2016 $10,908 $1,066,012 $71,067 $994,945
2015 -- $627,059 $52,254 $574,805
2014 $6,387 $614,777 $51,231 $563,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15003505

MetroList
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