NOT LISTED FOR SALE

Estimated Value: $444,000 - $603,000

8 Beds
4 Baths
2,640 Sq Ft
$189/Sq Ft Est. Value

Last Sold July 03, 2014

Last sale price $267,500 $101 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,054/month

101 Days on Market

Highlights

  • No HOA
  • West Facing Home
  • 1-Story Property
  • Central Heating and Cooling System
  • Front Yard

About This Home

As of July 2014

***Back on the market and price reduced, subject to cancellation of current escrow*** Wonderful 2 unit property to be used as an investment or for someone to live in one unit and rent the other unit out. Both units are 4 bedrooms and 2 baths. Each unit is 1,340 square feet per previous appraisal report. Front unit has a two car garage, the other has a covered patio. Property is 9 years old, built in 2005, newer construction so the cost of maintenance should be low. Plenty of yard space for kids or pets to play in. Close to schools, shopping, transportation.

Last Agent to Sell the Property

Oscar Trejo Jr.

Sell My Home Real Estate License #01253162 Listed on: 05/17/2014

Last Buyer's Agent

Louisa Wu

EASTAR REALTY License #01008344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,103

Year Built

  • Built in 2005

Lot Details

  • 8,975 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Fence is in fair condition
  • Front Yard

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Interior Spaces

  • 2,640 Sq Ft Home
  • 1-Story Property
  • Gas Cooktop

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 2531
  • Assessor Parcel Number 0279111190000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $792
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $1,608
  • Gross Income $2,200
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,103

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Emergency Ph #
  • Other Phone Number: 714-672-0165
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 0279111190000
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 101.33
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: West
  • Fencing: Fair Condition
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Heating Type: Central
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8975.00
  • Lot Size Acres: 0.2060

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 792.00
  • Lot Size Area: 8975.0000 Square Feet
  • Net Operating Income: 21600.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 4800.00
  • Rent Control: No
  • Total Actual Rent: 2200.00

Tax Info

  • New Taxes Expense: 1608.00
  • Tax Lot: 63
  • Tax Tract Number: 2531
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2014
Closed on
Jun 26, 2014
Sold by
Trejo Oscar M
Bought by
Trejo Lori M
Seller's Agent
Oscar Trejo Jr.
Sell My Home Real Estate
Buyer's Agent
Louisa Wu
EASTAR REALTY
List Price
$311,000
Sold Price
$267,500
Premium/Discount to List
-$43,500
-13.99%
Current Estimated Value
$495,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,997
Avg. Annual Appreciation
5.78%

Purchase Details

Listed on
May 17, 2014
Closed on
Jun 12, 2014
Sold by
Trejo Lori M and Martinez Lori M
Bought by
Tsang Jackie
Seller's Agent
Oscar Trejo Jr.
Sell My Home Real Estate
Buyer's Agent
Louisa Wu
EASTAR REALTY
List Price
$311,000
Sold Price
$267,500
Premium/Discount to List
-$43,500
-13.99%

Purchase Details

Closed on
Mar 8, 2011
Sold by
Gamez Dianna
Bought by
Martinez Lori M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,451
Interest Rate
4.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 2006
Sold by
Arteaga Heraclio
Bought by
Gamez Dianna

Purchase Details

Closed on
Oct 24, 2005
Sold by
Hospodar Michael J
Bought by
Gamez Dianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 6, 2004
Sold by
Haq Mohammed M
Bought by
Michael J Hospodar Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 2004
Sold by
Martinez Hector M
Bought by
Haq Mohammed M

Purchase Details

Closed on
May 27, 2004
Sold by
Hurley Leon D and Hurley Hazel V
Bought by
Martinez Hector M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 5, 2002
Sold by
Hurley Leon D and Hurley Hazel V
Bought by
Hurley Leon D and Hurley Hazel V
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
Trejo Lori M -- Pacific Coast Title
Tsang Jackie $267,500 Pacific Coast Title
Martinez Lori M $140,000 Pacific Coast Title
Gamez Dianna -- Fidelity National Title Co
Gamez Dianna $490,000 Fidelity National Title Co
Michael J Hospodar Ltd $80,000 North American Title Company
Haq Mohammed M $50,000 North American Title Company
Haq Mohammed M -- North American Title Company
Martinez Hector M $5,000 United Title
Hurley Leon D -- United Title
Martinez Hector M -- United Title
Hurley Leon D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsang Jackie $198,000
Closed Tsang Jackie $211,400
Previous Owner Martinez Lori M $136,451
Previous Owner Gamez Dianna $392,000
Previous Owner Hospodar Michael $463,000
Previous Owner Martinez Hector M $4,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $267,500 -14.0% $101 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
02/22/2014 02/22/14 For Sale $311,000 -- $118 / 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 $4,103 $321,495 $96,148 $225,347
2024 $4,103 $315,191 $94,263 $220,928
2023 $4,001 $309,011 $92,415 $216,596
2022 $4,008 $302,952 $90,603 $212,349
2021 $4,016 $297,011 $88,826 $208,185
2020 $4,027 $293,965 $87,915 $206,050
2019 $3,907 $288,201 $86,191 $202,010
2018 $3,744 $282,550 $84,501 $198,049
2017 $3,630 $277,010 $82,844 $194,166
2016 $3,522 $271,579 $81,220 $190,359
2015 $3,588 $267,500 $80,000 $187,500
2014 $1,961 $146,317 $18,812 $127,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14037849

California Regional Multiple Listing Service (CRMLS)

APN: 0279-111-19