NOT LISTED FOR SALE

Estimated Value: $514,324 - $555,000

4 Beds
2 Baths
1,620 Sq Ft
$325/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $420,000 $259 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,347/month

41 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 1-Story Property
  • Laundry Room

About This Home

As of September 2021

WOW!!! 2 separate turnkey units that cashflow. Front unit is an updated and turnkey 1170 sqft. 3 bed 1 bath with interior laundry and its own front and rear fenced yard. Front unit also has a long driveway and detached 24x30 2 car garage with single door. Rear unit is an updated turnkey detached separate building offering about 450 sqft. 1 bed and ¾ bath with living room full kitchen and its own fenced yard.
Each unit has separate gas and electric meter. Both are connected to city water and sewer.
Rear unit Is vacant. Front unit is rented, and tenant has been given a 60 day notice to vacate. You can keep the tenant in place or not.

Last Agent to Sell the Property

Mitchell Weisberg

KELLER WILLIAMS REALTY License #01712267 Listed on: 06/29/2021

KELLER WILLIAMS REALTY

Co-Listed By

BRANDI WEISBERG

KELLER WILLIAMS REALTY License #01923839

Last Buyer's Agent

HOWARD FRIEDMAN

REALICORE License #01847854

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,994

Year Built

  • Built in 1943

Lot Details

  • 9,500 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 16
  • Tax Tract Number 2552
  • Assessor Parcel Number 0278251110000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $600
  • Water Sewer Expense $600
  • Operating Expense $2,000
  • Gross Income $30,000
  • Net Operating Income $16,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,994

Year Built

Built in 1943

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 212500
  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0278251110000
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 259.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Driveway, Garage Faces Front, Street
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 9500.00
  • Lot Size Acres: 0.2181

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 30000.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 9500.0000 Square Feet
  • Net Operating Income: 16000.00
  • Number Of Rented Garages: 1
  • 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 Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 2000.00
  • Rent Control: Yes
  • Total Expenses: 2000.00

Tax Info

  • Tax Census Tract: 64.02
  • Tax Lot: 16
  • Tax Tract Number: 2552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Sep 9, 2021
Sold by
Person Shelby
Bought by
Friedman Matthew
Seller's Agent
Mitchell Weisberg
KELLER WILLIAMS REALTY
Buyer's Agent
HOWARD FRIEDMAN
REALICORE
List Price
$400,000
Sold Price
$420,000
Premium/Discount to List
$20,000
5%
Total Days on Market
41
Current Estimated Value
$526,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,581
Avg. Annual Appreciation
5.85%
Original Mortgage
$397,664
Outstanding Balance
$362,899
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$163,682

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 15, 2021
Sold by
Jure Michael Shane and Jure Deanna
Bought by
Friedman Matthew and Bolous Nadim S
Seller's Agent
Mitchell Weisberg
KELLER WILLIAMS REALTY
Buyer's Agent
HOWARD FRIEDMAN
REALICORE
List Price
$400,000
Sold Price
$420,000
Premium/Discount to List
$20,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,664
Outstanding Balance
$362,899
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$163,682

Purchase Details

Closed on
Dec 1, 2016
Sold by
Jure Michael S and Jure Deanna
Bought by
Jure Michael Shane and Jure Deanna Jean
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
Friedman Matthew -- Lawyers Title
Friedman Matthew $420,000 Lawyers Title
Jure Michael Shane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Matthew $397,664
Closed Friedman Matthew $397,664
Previous Owner Jure Michael S $41,632
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $420,000 -1.2% $259 / Sq Ft
08/23/2021 08/23/21 Price Changed $425,000 +6.3% $262 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/31/2021 07/31/21 Price Changed $400,000 0.0% $247 / Sq Ft
07/31/2021 07/31/21 For Sale $400,000 +5.3% $247 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $380,000 -- $235 / 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 $5,994 $445,707 $132,651 $313,056
2024 $5,994 $436,968 $130,050 $306,918
2023 $5,860 $428,400 $127,500 $300,900
2022 $5,862 $420,000 $125,000 $295,000
2021 $1,611 $85,069 $25,577 $59,492
2020 $1,597 $84,197 $25,315 $58,882
2019 $1,540 $82,546 $24,819 $57,727
2018 $1,442 $80,927 $24,332 $56,595
2017 $1,073 $79,340 $23,855 $55,485
2016 $1,042 $77,784 $23,387 $54,397
2015 $1,061 $76,616 $23,036 $53,580
2014 $1,033 $75,115 $22,585 $52,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21135912

California Regional Multiple Listing Service (CRMLS)

APN: 0278-251-11