NOT LISTED FOR SALE

Estimated Value: $728,147 - $834,000

7 Beds
3 Baths
3,317 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $393,000 $118 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,581/month

29 Days on Market

About This Home

As of May 2013

Full Tenants, Good investiment property. Drive by only.

Last Agent to Sell the Property

Judy Lee

EXP REALTY OF CALIFORNIA INC License #01857034 Listed on: 04/21/2013

EXP REALTY OF CALIFORNIA INC

Co-Listed By

Carlos Skubacz

RE/MAX 2000 Realty License #01474295

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,142 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 3,317 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2
  • Assessor Parcel Number 1048403170000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $350
  • Water Sewer Expense $370
  • New Taxes Expense $4,636
  • Gross Income $36,000
  • Net Operating Income $27,785

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 7.61
  • Property Attached: No
  • Water Sewer Expenses: 370.00
  • Property Type: Residential Income
  • Parcel Number: 1048403170000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 118.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 350.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8142.00
  • Lot Size Acres: 0.1870

Multi Family

  • Gross Income: 36000.00
  • Gross Multiplier: 10.14
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 8142.0000 Square Feet
  • Net Operating Income: 27785.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 7136.00
  • Rent Control: No
  • Total Actual Rent: 36000.00

Tax Info

  • New Taxes Expense: 4636.00
  • Tax Lot: 15
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2018
Sold by
Kwan Siun Jie
Bought by
Wrt Enterprise Llc
Current Estimated Value
$786,537

Purchase Details

Listed on
Apr 21, 2013
Closed on
May 2, 2013
Sold by
Huerta Samuel S
Bought by
Kwan Siun Jie
Seller's Agent
Judy Lee
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$365,000
Sold Price
$393,000
Premium/Discount to List
$28,000
7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$196,500
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wrt Enterprise Llc $460,000 First American Title Company
Kwan Siun Jie $393,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwan Siun Jie $196,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $393,000 +7.7% $118 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $365,000 -- $110 / 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 $5,520 $513,139 $178,484 $334,655
2024 $5,520 $503,077 $174,984 $328,093
2023 $5,365 $493,213 $171,553 $321,660
2022 $5,294 $483,542 $168,189 $315,353
2021 $5,262 $474,061 $164,891 $309,170
2020 $5,169 $469,200 $163,200 $306,000
2019 $5,125 $460,000 $160,000 $300,000
2018 $5,516 $425,329 $146,106 $279,223
2017 $4,706 $416,989 $143,241 $273,748
2016 $4,740 $408,812 $140,432 $268,380
2015 $4,710 $402,672 $138,323 $264,349
2014 $4,574 $394,784 $135,613 $259,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR13056651

California Regional Multiple Listing Service (CRMLS)

APN: 1048-403-17