NOT LISTED FOR SALE

Estimated Value: $621,791 - $841,000

4 Beds
2 Baths
1,812 Sq Ft
$382/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $400,000 $221 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,075/month

59 Days on Market

Highlights

  • Lawn
  • Cul-De-Sac
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of September 2017

PLEASE DRIVE BY ONLY. Do not disturb tenants

Great Investor opportunity Rents below market. or live in one and rent the other., Very nice Duplex with a total of approximately 1812 sq ft. Two, 2 bedroom 1 bath Units, Current tenants would like to stay. Each unit Approximately 906 Sq ft. clean and well managed. Each unit has private back yard and single car garage for each unit, Centrally located near schools, parks and shopping.

Last Agent to Sell the Property

Michael Bertelli

United States Management Group License #01755685 Listed on: 06/21/2017

Last Buyer's Agent

Michael Bertelli

United States Management Group License #01755685 Listed on: 06/21/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 7622
  • Assessor Parcel Number 155382006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $880
  • Insurance Expense $1,125
  • Maintenance Expense $1,375
  • Professional Management Expense $643
  • Water Sewer Expense $1,035
  • New Taxes Expense $2,411
  • Operating Expense $7,469
  • Gross Income $25,980
  • Net Operating Income $18,710

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 643.00
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1035.00
  • Zoning: R3S1
  • Property Type: Residential Income
  • Gardener Expense: 880.00
  • Parcel Number: 155382006
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 220.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lawn
  • Lot Size Sq Ft: 10019.00

Multi Family

  • Average2 Bed Area: 906 Square Feet
  • Gross Income: 25980.00
  • Gross Scheduled Income: 25980.00
  • Insurance Expense: 1125.00
  • Maintenance Expense: 1375.00
  • Net Operating Income: 18710.15
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7469.00
  • Rent Control: No
  • Total Expenses: 7469.00

Tax Info

  • New Taxes Expense: 2411.00
  • Tax Census Tract: 410.04
  • Tax Lot: 4
  • Tax Tract Number: 7622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Sep 27, 2017
Sold by
Adams Shawn Scott and Adams Robin Carol
Bought by
Macias Miguel A and Macias Norma E
Seller's Agent
Michael Bertelli
United States Management Group
Buyer's Agent
Michael Bertelli
United States Management Group
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Current Estimated Value
$692,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,448
Avg. Annual Appreciation
6.88%
Original Mortgage
$300,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2013
Sold by
Adams Shawn Scott and Adams Robin Carol
Bought by
Shawn & Robin Adams Family Trust

Purchase Details

Closed on
Mar 27, 2013
Sold by
Adams Shawn Scott and Adams Robin Carol
Bought by
Adams Shawn Scott and Adams Robin Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 2004
Sold by
Adams Shawn Scott and Adams Robin Carol
Bought by
Adams Shawn Scott and Adams Robin Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2004
Sold by
Speranza Anthony and Speranza Joanne C
Bought by
Adams Shawn Scott and Adams Robin Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2003
Sold by
Muso Jacklyn L
Bought by
Muso Jacklyn L

Purchase Details

Closed on
Jan 9, 2002
Sold by
Muso Jacklyn L
Bought by
Muso Jacklyn L

Purchase Details

Closed on
Aug 8, 2000
Sold by
Martin Rina
Bought by
Martin Nicolina Rina

Purchase Details

Closed on
Nov 22, 1996
Sold by
Franca Clesceri
Bought by
Guadagno Luigi G and Guadagno Mary

Purchase Details

Closed on
Mar 28, 1996
Sold by
Dandrea Americo
Bought by
Schuur Esterina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Macias Miguel A $390,000 First American Title Company
Shawn & Robin Adams Family Trust -- Netco Title Company
Adams Shawn Scott -- Lsi
Adams Shawn Scott -- --
Adams Shawn Scott $323,000 First American Title Co Of L
Muso Jacklyn L -- Abc Title Company
Muso Jacklyn L -- --
Martin Nicolina Rina -- --
Guadagno Luigi G -- --
Schuur Esterina -- Benefit Land Title Company
Dandrea Americo -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macias Miguel A $314,560
Closed Maclas Miguel A $310,000
Closed Macias Miguel A $300,000
Previous Owner Adams Shawn Scott $140,500
Previous Owner Adams Shawn Scott $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $400,000 -3.6% $221 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $415,000 0.0% $229 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
07/31/2017 07/31/17 Price Changed $415,000 0.0% $229 / Sq Ft
07/31/2017 07/31/17 For Sale $415,000 +1.2% $229 / Sq Ft
07/08/2017 07/08/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $410,000 -- $226 / 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 $5,364 $443,748 $73,956 $369,792
2023 $5,364 $426,519 $71,085 $355,434
2022 $4,965 $418,157 $69,692 $348,465
2021 $4,885 $409,959 $68,326 $341,633
2020 $4,807 $405,756 $67,626 $338,130
2019 $4,744 $397,800 $66,300 $331,500
2018 $4,679 $390,000 $65,000 $325,000
2017 $4,212 $350,000 $80,000 $270,000
2016 $3,753 $310,000 $70,000 $240,000
2015 $3,635 $300,000 $60,000 $240,000
2014 $3,694 $300,000 $60,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17148127

California Regional Multiple Listing Service (CRMLS)

APN: 155-382-006