$395,000
SOLD FEB 1, 2013
5 Beds
3 Baths
1,908 Sq Ft
5,552 Acres

Recently Sold

$207 Per Sq Ft

5% Above List Price

55 Days on Market

Highlights

  • Traditional Architecture
  • Carpet
  • Heating System Uses Natural Gas

About This Home

As of July 2015

Live in one house and rent the other, have a renter pay most of your mortgage. Two story, 3 bedrooms, 2 bath with attached 2-car garage with lots of storage. Fenced front yard and private backyard, great for BBQ and letting the kids play. Open floor plan between kitchen, dining, and living room makes for great entertaining. One Bedroom and Bathroom downstairs, 2 bedrooms and 1 bath upstairs The 2nd unit is a cute and cozy 2 bedroom 1 bath house with room for two cars. Yard can be fenced also to allow more privacy; it is accessible from both street and alley. Both houses are well maintained by a professional management company. New roof, recently painted with new flooring. Utilities are separate for both units, except water.

Last Agent to Sell the Property

Carolyn Amour

West Shores Realty, Inc. License #01438927 Listed on: 11/07/2012

West Shores Realty, Inc.

Last Buyer's Agent

theresa mai

EZ One Realty & Funding License #01369727

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,662

Year Built

  • Built in 1986

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,908 Sq Ft Home
  • Carpet

Kitchen

  • Gas Oven or Range
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 23
  • Tax Tract Number 274
  • Assessor Parcel Number 03515425

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Professional Management Expense $2,136
  • Water Sewer Expense $1,080
  • New Taxes Expense $4,085
  • Gross Income $2,225
  • Net Operating Income $23,484

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,662

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 5.95
  • Professional Management Expense: 2136.00
  • View: No
  • Water Sewer Expenses: 1080.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 03515425
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 207.02

Exterior Features

  • Foundation: Block, Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Amount Frequency: Monthly

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average2 Bed Area: 696
  • Average3 Bed Area: 1212
  • Gross Income: 2225.00
  • Gross Multiplier: 14.79
  • Gross Scheduled Income: 26700.00
  • Insurance Expense: 1100.00
  • Maintenance Percent: 2.00
  • Net Operating Income: 23484.00
  • 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 Disposal: 2
  • Operating Expense: 1080.00

Tax Info

  • New Taxes Expense: 4085.00
  • Tax Lot: 23
  • Tax Tract Number: 274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2021
Sold by
Li Zichuan and Zheng Ying
Bought by
Li Zichuan and Zheng Ying
Current Estimated Value
$800,858

Purchase Details

Listed on
Jul 4, 2015
Closed on
Jul 14, 2015
Sold by
Vanvannguyen Hao Van and Nguyen Thinh Thi
Bought by
Li Zichuan and Zheng Ying
Seller's Agent
Vicky Tu
Realty One Group West
Buyer's Agent
Vicky Tu
Realty One Group West
List Price
$479,900
Sold Price
$480,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$336,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2014
Sold by
Vannguyen Hao and Nguyen Thinh Thi
Bought by
Vannguyen Hao and Nguyen Thinh Thi

Purchase Details

Listed on
Nov 7, 2012
Closed on
Jan 3, 2013
Sold by
Krone Schmidt Wilfried
Bought by
Vanvannguyen Hao Van and Nguyen Thinh Thi
Seller's Agent
Carolyn Amour
West Shores Realty, Inc.
Buyer's Agent
theresa mai
EZ One Realty & Funding
List Price
$376,500
Sold Price
$395,000
Premium/Discount to List
$18,500
4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$276,500
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2012
Sold by
Krone Schmidt Lisa
Bought by
Krone Schmidt Wilfried and Krone Schmidt Lisa

Purchase Details

Closed on
Nov 7, 2008
Sold by
Krone Schmidt Lisa M
Bought by
Krone Schmidt Lisa

Purchase Details

Closed on
Aug 23, 2001
Sold by
Krone Schmidt Wilfried and Krone Schmidt Lisa M
Bought by
Krone Schmidt Wilfried and Krone Schmidt Lisa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Interfamily Deed Transfer -- None Available
Grant Deed $480,000 Lawyers Title Insurance Co
Interfamily Deed Transfer -- None Available
Grant Deed $395,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $303,500 New Conventional
Closed $335,000 New Conventional
Closed $336,000 New Conventional
Previous Owner $276,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $480,000 0.0% $248 / Sq Ft
07/04/2015 07/04/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $479,900 +21.5% $247 / Sq Ft
02/01/2013 02/01/13 Sold $395,000 +4.9% $207 / Sq Ft
01/01/2013 01/01/13 Pending -- -- --
11/07/2012 11/07/12 For Sale $376,500 -- $197 / 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 $6,662 $568,218 $424,673 $143,545
2024 $6,662 $557,077 $416,346 $140,731
2023 $6,521 $546,154 $408,182 $137,972
2022 $6,438 $535,446 $400,179 $135,267
2021 $6,449 $524,948 $392,333 $132,615
2020 $6,422 $519,566 $388,310 $131,256
2019 $6,232 $509,379 $380,696 $128,683
2018 $6,104 $499,392 $373,232 $126,160
2017 $5,866 $489,600 $365,913 $123,687
2016 $5,849 $480,000 $358,738 $121,262
2015 $5,030 $404,720 $287,272 $117,448
2014 $4,725 $396,793 $281,645 $115,148
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P840399

California Regional Multiple Listing Service (CRMLS)

APN: 035-154-25