NOT LISTED FOR SALE

Estimated Value: $673,917 - $857,000

5 Beds
3 Baths
1,413 Sq Ft
$524/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $379,000 $268 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,366/month

65 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Contemporary Architecture
  • Granite Countertops
  • Open Floorplan
  • Wood Flooring
  • No HOA

About This Home

As of June 2014

2 Units - fully rehabbed. Front unit features 3 bed/2 bath, laundry closet inside. Rear unit features 2 bed/1 bath. Both units have new kitchens and bathrooms, ceramic tile in kitchens, bathrooms and laundry room, laminate wood floors in living room and hallway, carpet in bedrooms, new windows and fixtures throughout. 2 car detached garage in the rear yard with front access. Property is fully fenced. Close to transportation and shopping areas.

Last Agent to Sell the Property

Ray Penado

Excellence RE Real Estate License #01709871 Listed on: 05/01/2014

Last Buyer's Agent

IVAN ANTHONY SOLIS

CENTRAL FINANCIAL AND REALTY License #01128055

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,187

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • 4,665 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Barbed Wire
  • Block Wall Fence
  • Chain Link Fence
  • Redwood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Property Attached
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,413 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Doors
  • Neighborhood Views
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 24
  • Tax Tract Number 2292
  • Assessor Parcel Number 5103002005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • New Taxes Expense $4,575
  • Operating Expense $5,275
  • Gross Income $2,800
  • Net Operating Income $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,187

Year Built

Built in 1912 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR2
  • Architectural Style: Contemporary, Modern
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5103002005
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Copper Plumbing Full, Granite Counters, Open Floorplan, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Appliances: No
  • Door Features: Insulated Doors
  • Levels: One
  • Price Per Square Foot: 268.22
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fencing: Barbed Wire, Block, Chain Link, Redwood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage, Garage - Two Door, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4665.00
  • Lot Size Acres: 0.1070

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 2800.00
  • Insurance Expense: 700.00
  • Lot Size Area: 4665.0000 Square Feet
  • Net Operating Income: 2700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Patio: 1
  • Operating Expense: 100.00
  • Rent Control: Yes
  • Total Expenses: 5275.00
  • Vacancy Allowance Rate: 100.00

Tax Info

  • New Taxes Expense: 4575.00
  • Tax Lot: 24
  • Tax Tract Number: 2292
  • Tax Annual Amount: 3187.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2018
Sold by
Wilson Theresa
Bought by
Theresa Wilson Revocable Living Trust
Current Estimated Value
$740,979

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 20, 2014
Sold by
Avalos De Villalobos Maria Del Carmen
Bought by
Villalobos Jeovanny
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
List Price
$369,000
Sold Price
$379,000
Premium/Discount to List
$10,000
2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$372,135
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 19, 2014
Sold by
Jv & Investments Group Llc
Bought by
Villalobos Jeovanny
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
List Price
$369,000
Sold Price
$379,000
Premium/Discount to List
$10,000
2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,135
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2013
Sold by
Greenfield Management Inc
Bought by
Jv & Investments Group Llc

Purchase Details

Closed on
May 16, 2012
Sold by
Greenfield Management Inc
Bought by
Caverhill Don

Purchase Details

Closed on
Apr 20, 2009
Sold by
First Wilshire Finance Llc
Bought by
Greenfield Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2009
Sold by
Higa Roy and Higa Jennifer
Bought by
Wells Fargo Foothill Inc

Purchase Details

Closed on
Oct 5, 2007
Sold by
Griffin Versa Durham and Hollis Billie J
Bought by
Higa Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2001
Sold by
Oliney Bertha W
Bought by
Oliney Bertha W and The Oliney Revocable Trust

Purchase Details

Closed on
Oct 6, 1994
Sold by
Oliney Bertha L
Bought by
Oliney Bertha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.78%
Source: Public Records

Range of Values:

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Average Value
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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
Theresa Wilson Revocable Living Trust -- None Available
Villalobos Jeovanny -- Fidelity National Title Co
Villalobos Jeovanny $379,000 Fidelity National Title Co
Jv & Investments Group Llc $200,000 Provident Title Company
Greenhill Management Inc -- Provident Title Company
Caverhill Don -- None Available
Greenfield Management Inc -- Provident Title Company
Wells Fargo Foothill Inc $345,000 None Available
Higa Roy $350,000 Fidelity National Title Co
Oliney Bertha W -- --
Oliney Bertha L -- Western Cities Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villalobos Jeovanny $372,135
Previous Owner Greenfield Management Inc $45,000,000
Previous Owner Higa Roy $385,000
Previous Owner Oliney Bertha L $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2014 06/25/14 Sold $379,000 +2.7% $268 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $369,000 -- $261 / 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 $5,760 $464,589 $232,908 $231,681
2024 $5,760 $455,481 $228,342 $227,139
2023 $5,651 $446,551 $223,865 $222,686
2022 $5,392 $437,796 $219,476 $218,320
2021 $5,323 $429,213 $215,173 $214,040
2020 $5,374 $424,813 $212,967 $211,846
2019 $5,167 $416,485 $208,792 $207,693
2018 $5,089 $408,320 $204,699 $203,621
2016 $4,858 $392,466 $196,751 $195,715
2015 $4,788 $386,572 $193,796 $192,776
2014 -- $274,000 $170,000 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14056091

California Regional Multiple Listing Service (CRMLS)

APN: 5103-002-005