$445,000
SOLD OCT 30, 2015
8 Beds
5 Baths
1,629 Sq Ft
7,919 Sq Ft Lot

Recently Sold

$273 Per Sq Ft

14 Days on Market

About This Home

As of December 2016

Beautiful property on huge corner lot with 4 tenant occupied units. Newly painted, large fenced backyard, fountain in front, tile flooring, recently cleaned, gated driveway. One large 4 bedroom and 3 bath house, one 2 story building with a unit on each floor, and one large studio (permits unknown). Plenty of parking, perfect for Investment Income. Close to schools, shopping, and freeways! All units in excellent condition, off street parking. Neighborhoods: Encanto Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 733 Fergus Unit # for Unit 2: A Unit # for Unit 3: B Unit # for Unit 4: C Number of Furnished Units: 0

Last Agent to Sell the Property

Bernardo Diaz

Greenstone Realty License #01765265 Listed on: 08/11/2015

Last Buyer's Agent

Sandra Lambarri

Leal Real Estate Group, Inc License #01505391

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,765

Year Built

  • Built in 1945

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 7,919 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 5490530100

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $30,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,765

Year Built

Built in 1945

Lot Details

0

Listing Details

  • CapRate: 0.11
  • Subdivision Name Other: Encanto
  • Property Type: Residential Income
  • Parcel Number: 5490530100
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

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

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Size Sq Ft: 7919.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Gross Scheduled Income: 44800.00
  • Lot Size Area: 7919.0000 Square Feet
  • Net Operating Income: 30400.00
  • Number Of Units Total: 3
  • Number With Range: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2016
Closed on
Dec 12, 2016
Sold by
Ggali Llc
Bought by
Pratt Lorin and Pratt Maria
Seller's Agent
Sandra Lambarri
Leal Real Estate Group, Inc
Buyer's Agent
Richard Trefflich
First Legacy Fncl. Grp, Inc.
List Price
$481,200
Sold Price
$481,200
Current Estimated Value
$786,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,800
Avg. Annual Appreciation
5.77%
Original Mortgage
$497,079
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 11, 2015
Closed on
Sep 2, 2015
Sold by
Bdjm Properties Llc
Bought by
Ggali Llc
Seller's Agent
Bernardo Diaz
Greenstone Realty
Buyer's Agent
Sandra Lambarri
Leal Real Estate Group, Inc
List Price
$445,000
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$100,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2009
Sold by
Diaz Marie
Bought by
Bdjm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2009
Sold by
Us Bank National Association
Bought by
Diaz Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2008
Sold by
Cuenca Eveth
Bought by
U S Bank Na

Purchase Details

Closed on
Jan 27, 2005
Sold by
Cuenca Miguel
Bought by
Cuenca Eveth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2004
Sold by
Cortez Jorge and Cortez Eva
Bought by
Cuenca Eveth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
Cortez Jorge and Cortez Eva
Bought by
Cortez Jorge and Cortez Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,605
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2000
Sold by
Reyes Roberto E and Reyes Guadalupe C
Bought by
Cortez Jorge and Cortez Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,605
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 1995
Sold by
Reyes Robero E and Reyes Roberto E
Bought by
Reyes Roberto E and Reyes Guadalupe C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
7.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 1994
Sold by
Reyes Roberto E
Bought by
Watts Tommy
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $481,500 Lawyers Title
Grant Deed $445,000 Title365 Company
Quit Claim Deed -- None Available
Grant Deed $185,000 Lsi Title Agency Inc
Trustee Deed $263,500 Accommodation
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $510,000 Fidelity National Title
Interfamily Deed Transfer -- --
Grant Deed $155,000 First American Title Ins Co
Gift Deed -- Gateway Title Company
Grant Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Closed $507,525 Commercial
Closed $497,079 Commercial
Previous Owner $100,000 Commercial
Previous Owner $100,000 Commercial
Previous Owner $200,000 Commercial
Previous Owner $90,000 Commercial
Previous Owner $30,000 Commercial
Previous Owner $205,000 Commercial
Previous Owner $364,000 Purchase Money Mortgage
Previous Owner $221,000 Commercial
Previous Owner $152,605 FHA
Previous Owner $152,605 FHA
Previous Owner $78,000 Commercial
Previous Owner $10,000 Commercial
Closed $91,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $481,200 0.0% $295 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $481,200 +8.1% $295 / Sq Ft
10/30/2015 10/30/15 Sold $445,000 0.0% $273 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
08/11/2015 08/11/15 For Sale $445,000 -- $273 / 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 $6,765 $558,466 $272,734 $285,732
2024 $6,765 $547,517 $267,387 $280,130
2023 $6,615 $536,783 $262,145 $274,638
2022 $6,439 $526,258 $257,005 $269,253
2021 $6,395 $515,940 $251,966 $263,974
2020 $6,318 $510,651 $249,383 $261,268
2019 $6,206 $500,640 $244,494 $256,146
2018 $5,802 $490,824 $239,700 $251,124
2017 $5,664 $481,200 $235,000 $246,200
2016 $5,258 $445,000 $200,000 $245,000
2015 $2,366 $198,690 $118,141 $80,549
2014 $2,331 $194,799 $115,827 $78,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150044251

California Regional Multiple Listing Service (CRMLS)

APN: 549-053-01