NOT LISTED FOR SALE

Estimated Value: $1,297,000 - $1,775,428

5 Beds
4 Baths
2,619 Sq Ft
$575/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $974,950 $372 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $8,908/month

8 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Double Pane Windows
  • Horace Mann Elementary School Rated A-
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2015

The two front homes have no common walls. The back apartment units have no one underneath or above them. All units have new double paned windows. Front house has a garage and a open parking. 2nd house has a private garage. One 1 BR has an open parking space and the other 1 BR has a private garage and a mountain view. A common laundry room serves all. Each unit has their own window or wall A/C unit. Units are a little under rented. Some units have beautifully exposed hardwood flooring. Front house has a corner sink. 2nd house has a corner dining area hutch. Both 1 bedrooms have a dining area.

Last Agent to Sell the Property

Nicholas Nagy

N.N. Property Management License #00466319 Listed on: 04/09/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 9,362 Sq Ft Lot
  • Lot Dimensions are 54 x 172
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,619 Sq Ft Home
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 3025
  • Assessor Parcel Number 5676005008

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $831
  • Water Sewer Expense $2,346
  • New Taxes Expense $14,624
  • Gross Income $4,700
  • Net Operating Income $37,699

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Four (4) wall or window A/C units
  • Property Attached: No
  • Water Sewer Expenses: 2346.00
  • Zoning: GLR4YY
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 5676005008
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Fireplace Features: Dining Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 372.26
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size: 54 X 172
  • Lot Size Sq Ft: 9362.00
  • Lot Size Acres: 0.2150

Multi Family

  • Average1 Bed Area: 1100
  • Average2 Bed Area: 1450
  • Gross Income: 4700.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 831.00
  • Lot Size Area: 9362.0000 Square Feet
  • Maintenance Percent: 3.00
  • Net Operating Income: 37699.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 18701.00
  • Rent Control: No
  • Total Actual Rent: 4700.00

Tax Info

  • New Taxes Expense: 14624.00
  • Tax Area: 4045
  • Tax Lot: 37
  • Tax Tract Number: 3025
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2015
Closed on
May 7, 2015
Sold by
Case David T and Case Debra G
Bought by
Garo & Arpineh Kourounian 2013 Trust
Seller's Agent
Nicholas Nagy
N.N. Property Management
List Price
$974,950
Sold Price
$974,950
Current Estimated Value
$1,505,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,407
Avg. Annual Appreciation
4.16%
Original Mortgage
$592,500
Outstanding Balance
$455,778
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,049,579

Purchase Details

Closed on
Feb 3, 2003
Sold by
Siater Vera M
Bought by
Case David T and Case Debra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.89%
Mortgage Type
Seller Take Back
Source: Public Records

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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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
Garo & Arpineh Kourounian 2013 Trust $987,500 North American Title Company
Case David T $325,000 American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garo & Arpineh Kourounian 2013 Trust $592,500
Previous Owner Case David T $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2015 06/01/15 Sold $974,950 0.0% $372 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $974,950 -- $372 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $13,087 $1,186,820 $706,083 $480,737
2024 $13,087 $1,163,550 $692,239 $471,311
2023 $12,793 $1,140,736 $678,666 $462,070
2022 $12,573 $1,118,369 $665,359 $453,010
2021 $12,357 $1,096,441 $652,313 $444,128
2019 $11,889 $1,063,922 $632,966 $430,956
2018 $11,605 $1,043,061 $620,555 $422,506
2016 $11,074 $1,002,559 $596,459 $406,100
2015 $5,284 $469,973 $407,314 $62,659
2014 $5,263 $460,768 $399,336 $61,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15077265

California Regional Multiple Listing Service (CRMLS)

APN: 5676-005-008