NOT LISTED FOR SALE

Estimated Value: $686,833 - $738,000

4 Beds
2 Baths
1,384 Sq Ft
$518/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $390,000 $282 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,386/month

263 Days on Market

Highlights

  • Spanish Architecture
  • Shed
  • Wall Furnace
  • Laundry Room
  • Tile Flooring
  • Back and Front Yard

About This Home

As of June 2016

RENTAL INCOME- This is a great rental property currently rented out. These units were remodeled in 2011 and kept up very nicely since. Front unit is a little bit bigger than the back featuring 2 bedrooms 1 bath including washer/dryer hookups, tile flooring throughout, newer kitchen cabinets, base molding, paint, etc. The 2nd unit is also 2 bedrooms 1 bath and also features newer kitchen, baths, tile throughout. Don't miss out on this great opportunity. - PRICE REDUCED $20K

Last Agent to Sell the Property

Jose A. Perez

Century 21 Allstars License #01316658 Listed on: 08/06/2015

Century 21 Allstars

Last Buyer's Agent

Miguel Gonzalez

Century 21 Allstars License #01716213

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,743

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 4,943 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Home Design

  • Spanish Architecture
  • Property Attached

Interior Spaces

  • 1,384 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 284
  • Tax Tract Number 6
  • Assessor Parcel Number 6023006004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,743

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6023006004
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 281.79

Exterior Features

  • Other Structures: Shed(s)
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4943.00
  • Price Per Lot Square Foot: 78.90
  • Lot Size Acres: 0.1130

Multi Family

  • Gross Scheduled Income: 2250.00
  • Lot Size Area: 4943.0000 Square Feet
  • 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
  • Operating Expense: 100.00
  • Rent Control: Yes
  • Total Actual Rent: 2200.00

Tax Info

  • Tax Lot: 284
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Jun 6, 2016
Sold by
Cervantes Lennis
Bought by
Vasquez Jose M
Seller's Agent
Jose A. Perez
Century 21 Allstars
Buyer's Agent
Miguel Gonzalez
Century 21 Allstars
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%
Current Estimated Value
$716,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,958
Avg. Annual Appreciation
6.83%
Original Mortgage
$356,125
Outstanding Balance
$285,423
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$431,535

Purchase Details

Closed on
Mar 23, 2016
Sold by
Cervantes Lennis
Bought by
Cervantes Lennis

Purchase Details

Closed on
Sep 6, 2011
Sold by
Vivir Properties Llc
Bought by
Cervantes Lennis and Cervantes Jorge L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,057
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2010
Sold by
Federal National Mortgage Association
Bought by
Vivir Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2010
Sold by
Maddox Bernice
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 29, 2002
Sold by
Maddox Bernice
Bought by
Maddox Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,750
Interest Rate
9.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1999
Sold by
Maddox Bernice
Bought by
Maddox Bernice and Bernice Maddox Family 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
Vasquez Jose M $390,000 Old Republic Title Company
Cervantes Lennis -- None Available
Cervantes Lennis $270,000 Fidelity National Title Co
Vivir Properties Llc $147,500 Lawyers Title Company
Federal National Mortgage Association $235,274 Accommodation
Maddox Bernice -- Southland Title
Maddox Bernice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Jose M $356,125
Previous Owner Cervantes Lennis $261,262
Previous Owner Cervantes Lennis $263,057
Previous Owner Vivir Properties Llc $129,000
Previous Owner Maddox Bernice $280,000
Previous Owner Maddox Bernice $240,000
Previous Owner Maddox Bernice $160,000
Previous Owner Maddox Bernice $160,000
Previous Owner Maddox Bernice $113,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2016 06/09/16 Sold $390,000 +1.3% $282 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
08/06/2015 08/06/15 For Sale $385,000 -- $278 / 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 $5,743 $461,672 $299,497 $162,175
2024 $5,743 $452,621 $293,625 $158,996
2023 $5,636 $443,747 $287,868 $155,879
2022 $5,378 $435,047 $282,224 $152,823
2021 $5,310 $426,518 $276,691 $149,827
2020 $5,360 $422,145 $273,854 $148,291
2019 $5,154 $413,869 $268,485 $145,384
2018 $5,059 $405,755 $263,221 $142,534
2016 $3,596 $286,477 $183,664 $102,813
2015 $3,545 $282,175 $180,906 $101,269
2014 $3,568 $276,649 $177,363 $99,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15173156

California Regional Multiple Listing Service (CRMLS)

APN: 6023-006-004