NOT LISTED FOR SALE

Estimated Value: $769,000 - $1,041,000

8 Beds
8 Baths
3,600 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $474,000 $132 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,782/month

89 Days on Market

About This Home

As of May 2015

Long Term Tenants in place. New Kitchens and bathroom vanities. All new Tile. Located accross the street from Washington Charter Elementary. 4 units rented. This income property is fully rented and has been well maintained. This is one you have been looking for. New TPO roof with a 40 year warranty/ 2 New ac units, over 50k in remodels in the last 5 years. Kitchens have new cabinets.

Last Agent to Sell the Property

Stephen Powell

Fathom Realty Group Inc. License #01488821 Listed on: 09/03/2014

Last Buyer's Agent

Stephen Powell

Bennion Deville Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,654

Lot Details

  • 7,380

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 4 Carport Spaces
  • 4 Car Parking Spaces

Additional Features

  • 3,600 Sq Ft Home
  • In Ground Pool
  • 7,380 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 625173016

Community Details

Overview

  • 4 Units

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,654

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Price Per Unit: 120000.00
  • List Price per Sq Ft: 133.33
  • Lp Sp Ratio: 0.9875
  • Internal Listing I D: 20190608184640171410000000
  • Listing I D: 214082311
  • Listing Office Address: 24800 Chrisanta Dr Suite 140, Mission Viejo, CA 92691
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 24800 Chrisanta Dr Suite 140, Mission Viejo, CA 92691
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8
  • Half Bathrooms: 4
  • Total Bathrooms: 8.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 3600.00

Exterior Features

  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: In Ground
  • Pool Location: Community

Garage/Parking

  • Parking Info Total Carport Spaces: 4.00
  • Parking Info Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown

Lot Info

  • Assessor Parcel Number: 625173016
  • Lot Size: 7380.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Total Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2014
Sold by
Johnson Scott D
Bought by
Huang Kehsiung and Zhang Mei Ling
Current Estimated Value
$909,019

Purchase Details

Closed on
Jul 13, 2010
Sold by
Maddin Jim and Maddin Candace C
Bought by
Johnson Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Maddin Jim

Purchase Details

Closed on
May 31, 2007
Sold by
Meister James A and Eriksen Allan
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 2, 2005
Sold by
Smith Raymond and Lei Kristina
Bought by
Meister James A and Eriksen Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2005
Sold by
Smith Raymond and Lei Kristina
Bought by
Smith Raymond and Lei Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 4, 2002
Sold by
M C Finishing Supplies Retirement Plan
Bought by
Smith Raymond and Lei Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 1999
Sold by
Rich Michael A
Bought by
M C Finishing Supplies Retirement Plan

Purchase Details

Closed on
Aug 19, 1998
Sold by
Lucero Michael David and Lucero Mary Stewart
Bought by
Rich Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 1996
Sold by
Allison Charles E
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

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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
Huang Kehsiung $474,000 Chicago Title Company
Johnson Scott D $405,000 Advantage Title
Maddin Jim -- Advantage Title
Maddin Jim -- Lsi Title Company
Deutsche Bank National Trust Co $504,181 None Available
Meister James A $684,000 Fidelity National Title Co
Smith Raymond -- --
Smith Raymond $310,000 Fidelity National Title Co
M C Finishing Supplies Retirement Plan -- --
Rich Michael A $187,500 Investors Title Company
Home Svgs Of America Fsb $150,328 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Mei Ling $332,000
Closed Huang Kehsiung $350,000
Previous Owner Johnson Scott D $308,700
Previous Owner Johnson Scott D $320,000
Previous Owner Meister James A $456,500
Previous Owner Smith Raymond $200,000
Previous Owner Smith Raymond $200,000
Previous Owner Smith Raymond $439,000
Previous Owner Smith Raymond $200,000
Previous Owner Smith Raymond $290,000
Previous Owner Smith Raymond $248,000
Previous Owner Rich Michael A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2015 05/13/15 Sold $474,000 -1.3% $132 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $480,000 -- $133 / Sq Ft
Source: California Desert Association of REALTORS®

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 $9,654 $569,667 $141,811 $427,856
2023 $9,654 $547,548 $136,305 $411,243
2022 $8,813 $536,813 $133,633 $403,180
2021 $8,505 $526,288 $131,013 $395,275
2020 $8,381 $520,892 $129,670 $391,222
2019 $8,242 $510,679 $127,128 $383,551
2018 $7,497 $500,667 $124,637 $376,030
2017 $7,366 $490,851 $122,194 $368,657
2016 $7,214 $481,228 $119,799 $361,429
2015 $6,715 $431,726 $51,165 $380,561
2014 -- $423,271 $50,164 $373,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214082311

California Desert Association of REALTORS®

APN: 625-173-016