NOT LISTED FOR SALE

Estimated Value: $987,000 - $1,334,000

4 Beds
2 Baths
2,170 Sq Ft
$550/Sq Ft Est. Value

Last Sold February 15, 2012

Last sale price $625,000 $288 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $7,032/month

18 Days on Market

Highlights

  • 0.3 Acre Lot
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Martha Baldwin Elementary School Rated A
  • Den
  • Laundry Room

About This Home

As of February 2012

Front house(#720) has 1148 s.f, 2 bedroom+den, formal dining room, living room, kitchen, bath & laundry room; Rear house(#722) has 1022 s.f, identical to front house except without den but in better condition. Double car garage. Hardwood floors. Separate electric & gas meters. See attached photos.

Trust sale; sold as is. original owner built it from scratch. Please do not disturb occupants.

Information is provided as a courtesy but is not guaranteed; Building Plan is subject to city's approval.

Last Agent to Sell the Property

Shawn Chang

RE/MAX PREMIER/ARCADIA License #01140175 Listed on: 12/27/2011

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Andy Huynh

Pinnacle Real Estate Group License #01126954

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 60 x 216.4

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation

Interior Spaces

  • 2,170 Sq Ft Home
  • Den
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 117
  • Assessor Parcel Number 5347017020

Community Details

Overview

  • 3 Buildings
  • 1,442 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $800
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $7,500
  • Operating Expense $10,220
  • Gross Income $3,125
  • Net Operating Income $27,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.40
  • Water Sewer Expenses: 600.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 5347017020
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 288.02
  • Room Type: Den

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Trash Expense: 600.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size: 60 x 216.4
  • Lot Size Sq Ft: 12985.00
  • Lot Size Acres: 0.3000

Multi Family

  • Average2 Bed Area: 1085
  • Gross Income: 3125.00
  • Gross Multiplier: 16.90
  • Gross Operating Income: 37500.00
  • Gross Scheduled Income: 37500.00
  • Insurance Expense: 800.00
  • Lot Size Area: 12985.0000 Square Feet
  • Net Operating Income: 27280.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1442
  • Operating Expense: 10220.00
  • Other Income Description: Rents are estimated
  • Rent Control: No
  • Total Expenses: 10220.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 117
  • Tax Tract Number: unkno
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2014
Sold by
Huynh Hung Duc and Tu Kim A
Bought by
Tu Family Properties Llc
Current Estimated Value
$1,194,283

Purchase Details

Closed on
May 8, 2013
Sold by
Huynh Hung D and Tu Kim A
Bought by
Huynh Hung Duc and Tu Kim A

Purchase Details

Listed on
Dec 27, 2011
Closed on
Jan 17, 2012
Sold by
Alletto Dominic Joseph and The Domenico & Virginia Allett
Bought by
Huynh Hung D and Tu Kim A
Seller's Agent
Shawn Chang
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Andy Huynh
Pinnacle Real Estate Group
List Price
$635,000
Sold Price
$625,000
Premium/Discount to List
-$10,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$468,750
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tu Family Properties Llc -- None Available
Huynh Hung Duc -- None Available
Huynh Hung D $625,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huynh Hung D $468,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2012 02/15/12 Sold $625,000 -1.6% $288 / Sq Ft
01/14/2012 01/14/12 Pending -- -- --
12/27/2011 12/27/11 For Sale $635,000 -- $293 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,812 $785,021 $471,013 $314,008
2024 $9,812 $769,629 $461,778 $307,851
2023 $9,713 $754,539 $452,724 $301,815
2022 $9,255 $739,746 $443,848 $295,898
2021 $9,157 $725,243 $435,146 $290,097
2020 $9,109 $717,808 $430,685 $287,123
2019 $8,841 $703,735 $422,241 $281,494
2018 $8,750 $689,937 $413,962 $275,975
2016 $8,046 $663,148 $397,889 $265,259
2015 $7,925 $653,188 $391,913 $261,275
2014 $7,829 $640,393 $384,236 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A11163914

California Regional Multiple Listing Service (CRMLS)

APN: 5347-017-020

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