Seller's Agent in 2016
Larry Knifong
Action Realty
(530) 872-5400
22 in this area
143 Total Sales
6786 Indian Dr Magalia, CA 95954
Magalia NeighborhoodEstimated Value: $555,215 - $731,000
12
Beds
8
Baths
6,578
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Property is near public transit
- No HOA
- 0.8 Acre Lot
- Cathedral Ceiling
- Double Pane Windows
About This Home
As of April 2016CB2897 Excellent opportunity to invest!!! Pride of ownership is evident with this well maintained 4-plex and duplex; totaling 6 units. Two of the units are 2 bedroom, 2 bathroom w/garages and the other four units are 2 bedroom, 1.5 bathroom with carports. Additional features include fireplaces, dual pane windows & the 4-plex offers stucco exterior for easy maintenance. This property is located in a quiet area of Old Magalia and offers plenty of parking & attractive curb appeal with nice shrubs & mature landscape. These units were custom built in 1991 and generate $4,400 per month in income!
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1991
Lot Details
- 34,848 Sq Ft Lot
- 1 Common Wall
- Rural Setting
- Level Lot
- Back and Front Yard
Parking
- 2 Car Garage
- 4 Carport Spaces
Property Views
- Woods
- Neighborhood
Home Design
- Property Attached
- Turnkey
Interior Spaces
- 6,578 Sq Ft Home
- Cathedral Ceiling
- Double Pane Windows
- Living Room with Fireplace
- Storage
- Laundry in unit
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Location
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Conventional Septic
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, water
- Assessor Parcel Number 066410015000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Electric Expense $38
- Insurance Expense $2,290
- Maintenance Expense $1,277
- Other Expense $234
- Professional Management Expense $3,587
- Trash Expense $1,316
- Water Sewer Expense $523
- New Taxes Expense $3,852
- Gross Income $4,400
- Net Operating Income $44,210
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
Feb 19, 2016
Closed on
Apr 6, 2016
Sold by
Bought by
Seller's Agent
Larry Knifong
Action Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$479,500
Sold Price
$459,500
Premium/Discount to List
-$20,000
-4.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,608
Avg. Annual Appreciation
3.35%
Original Mortgage
$250,000
Outstanding Balance
$198,935
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$444,173
Purchase Details
Closed on
Mar 29, 2012
Sold by
Bought by
Purchase Details
Closed on
Jun 16, 2010
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
$132,587
Interest Rate
4.82%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 29, 2006
Sold by
Bought by
Purchase Details
Closed on
Nov 1, 2006
Sold by
Bought by
Purchase Details
Closed on
Apr 20, 1999
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
$231,000
Interest Rate
6.98%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $459,500 | Mid Valley Title & Escrow Co | ||
| -- | None Available | ||
| $265,500 | Fidelity Natl Title Co Of Ca | ||
| $650,000 | Fidelity Natl Title Co Of Ca | ||
| -- | None Available | ||
| $358,000 | Mid Valley 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 | $250,000 | ||
| Previous Owner | $132,587 | ||
| Previous Owner | $231,000 |
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 |
|---|---|---|---|---|
| 04/29/2016 04/29/16 | Sold | $459,500 | -4.2% | $70 / Sq Ft |
| 03/21/2016 03/21/16 | Pending | -- | -- | -- |
| 02/19/2016 02/19/16 | For Sale | $479,500 | -- | $73 / 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 | $221 | $20,000 | $20,000 | -- |
| 2024 | $221 | $20,000 | $20,000 | $0 |
| 2023 | $334 | $30,000 | $30,000 | $0 |
| 2022 | $334 | $30,000 | $30,000 | $0 |
| 2021 | $333 | $30,000 | $30,000 | $0 |
| 2020 | $372 | $35,000 | $35,000 | $0 |
| 2019 | $476 | $45,000 | $45,000 | $0 |
| 2018 | $5,005 | $478,063 | $67,626 | $410,437 |
| 2017 | $4,930 | $468,690 | $66,300 | $402,390 |
| 2016 | $3,853 | $375,000 | $85,000 | $290,000 |
| 2015 | $3,853 | $375,000 | $85,000 | $290,000 |
| 2014 | $3,853 | $375,000 | $85,000 | $290,000 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Knifong
-
G
Buyer's Agent in 2016
General NONMEMBER
NONMEMBER MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PA16035632
APN: 066-410-015-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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