NOT LISTED FOR SALE

Estimated Value: $723,000 - $818,000

4 Beds
3 Baths
1,891 Sq Ft
$416/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $624,000 $330 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,826/month

62 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Breakfast Area or Nook
  • Wood Flooring
  • Ground Level Unit
  • 5-minute walk to Jacaranda Park

About This Home

As of June 2021

This duplex is a great opportunity for multigenerational living or an investor's dream. It is close to community shopping, schools, and public transportation. Both units have their separate main and rear door entrances. Front unit has a living room, two nice bedrooms, one full bath, laundry room, and a recently upgraded kitchen & dining area. The rear showcases multi-level floors, high ceilings, living room, great updated kitchen/dining room, a laundry area, a master bedroom with a walk-in closet and ensuite bathroom. The second bedroom has a high ceiling, large closet and is adjacent to the other bathroom. The spacious backyard has plenty of parking and room for future expansions. Make this property your own!

Last Agent to Sell the Property

Robert Neal

Geffen Real Estate License #02069199 Listed on: 12/15/2020

Last Buyer's Agent

Robert Neal

Geffen Real Estate License #02069199 Listed on: 12/15/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,528

Year Built

  • Built in 1947

Lot Details

  • 5,346 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,891 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Area
  • Wood Flooring
  • Breakfast Area or Nook
  • Laundry closet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Auto Driveway Gate
  • Driveway

Location

  • Ground Level Unit

Utilities

  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6050-015-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,528

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 1891
  • Lot Acreage: 0.1227
  • Probate: No
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Refrigerator: 2
  • Flooring: Hardwood
  • Appliances: Free Standing Gas
  • Bedrooms: 4
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Remodeled
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 322.05

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Driveway, Driveway Gate
  • Total Parking: 6

Utilities

  • Water Heater: Gas
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 6050-015-015
  • Lot Location: Corner Lot
  • Lot Size Area: 5346

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.16
  • Number Of Units: 2
  • Total Annual Expense: 8600
  • Type Of Units: Duplex
  • Vacancy Rate: 1

Tax Info

  • Tax Expense: 4385.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
May 6, 2021
Sold by
Goodwin Stephanie G and Doris Goodman Living Trust
Bought by
Penaloza Steve and Penaloza Joshua
Seller's Agent
Robert Neal
Geffen Real Estate
Buyer's Agent
Robert Neal
Geffen Real Estate
List Price
$609,000
Sold Price
$624,000
Premium/Discount to List
$15,000
2.46%
Current Estimated Value
$755,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,345
Avg. Annual Appreciation
5.68%
Original Mortgage
$612,697
Outstanding Balance
$555,928
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$229,878

Purchase Details

Closed on
Mar 1, 2021
Sold by
Solares Merari
Bought by
Penaloza Steve

Purchase Details

Closed on
Jan 12, 2021
Sold by
Goodman Doris R
Bought by
Goodman Doris Ruth and The Doris Goodman Living Trust
Source: Public Records

Range of Values:

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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
Penaloza Steve $624,000 Old Republic Title Company
Penaloza Steve -- Old Republic Title Company
Penaloza Joshua -- Old Republic Title Company
Goodman Doris Ruth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penaloza Steve $612,697
Previous Owner Goodman Doris R $469,342
Previous Owner Goodman Doris R $390,000
Previous Owner Goodman Doris R $138,700
Previous Owner Goodman Doris R $25,000
Previous Owner Goodman Doris R $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $624,000 +2.5% $330 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $609,000 -- $322 / Sq Ft
Source: The MLS

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 $8,528 $675,435 $432,972 $242,463
2024 $8,528 $662,192 $424,483 $237,709
2023 $8,367 $649,209 $416,160 $233,049
2022 $7,989 $636,480 $408,000 $228,480
2021 $1,529 $90,066 $15,823 $74,243
2020 $2,623 $89,143 $15,661 $73,482
2019 $3,556 $87,396 $15,354 $72,042
2018 $3,475 $85,683 $15,053 $70,630
2016 $1,327 $82,358 $14,469 $67,889
2015 $1,306 $81,122 $14,252 $66,870
2014 $1,316 $79,534 $13,973 $65,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-681520

The MLS

APN: 6050-015-015