NOT LISTED FOR SALE

Estimated Value: $942,000 - $1,292,000

6 Beds
2 Baths
2,669 Sq Ft
$412/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $580,000 $217 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,469/month

15 Days on Market

About This Home

As of July 2014

Wow. Wow. Wow...Super clean and just painted. Front house was remodeled in 2003 and is ~1,464 Sq. Ft. 3 bedroom 1 bath and (house is register with 2 bath rooms).Back unit was built in 1996 and is 1286 Sq. Ft. 3 Bed , 1 Bath ,stove and refrigerator are included. Recessed light, celling fans and laundry room, in both units, each unit has two car garage. Attic exhaust in front house to keep extra cool, 2,750 sq. ft. total of living space on 5,781 lot. Beautiful yard plants and trees throughout the property. Close to freeway, shopping centers and school. Granite counter tops in kitchen and bathroom I back house. To many amenities to list. Must see bring your picky buyer.

Last Agent to Sell the Property

Jose Vallejo

Berkshire Hathaway Hm Ser License #00784352 Listed on: 06/17/2014

Berkshire Hathaway Hm Ser

Last Buyer's Agent

Villie London

Cynergy Real Estate License #01952907

Cynergy Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 5,781 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Interior Spaces

  • 2,669 Sq Ft Home
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 41
  • Tax Tract Number 10341
  • Assessor Parcel Number 6260009038

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $780
  • Insurance Expense $1,000
  • Trash Expense $90
  • Water Sewer Expense $90
  • New Taxes Expense $7,800
  • Gross Income $1,537
  • Net Operating Income $1,537

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 90.00
  • Property Type: Residential Income
  • Parcel Number: 6260009038
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 217.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Trash Expense: 90.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5781.00
  • Lot Size Acres: 0.1330

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 780.00
  • Gross Income: 1537.00
  • Gross Scheduled Income: 1800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5781.0000 Square Feet
  • Net Operating Income: 1537.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 263.00
  • Rent Control: Yes
  • Total Actual Rent: 28422.00

Tax Info

  • New Taxes Expense: 7800.00
  • Tax Lot: 41
  • Tax Tract Number: 10341
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2014
Closed on
Jul 8, 2014
Sold by
Mercado Oswaldo and Mercado Mariela
Bought by
Guerrero Margarito M Aragon and Sosa Vicenta Torres
Seller's Agent
Jose Vallejo
Berkshire Hathaway Hm Ser
Buyer's Agent
Villie London
Cynergy Real Estate
List Price
$599,999
Sold Price
$580,000
Premium/Discount to List
-$19,999
-3.33%
Current Estimated Value
$1,098,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,920
Avg. Annual Appreciation
5.76%

Purchase Details

Closed on
Aug 14, 2002
Sold by
Rangel Moises G
Bought by
Mercado Oswaldo and Mercado Mariela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.16%

Purchase Details

Closed on
Nov 22, 2000
Sold by
Rangel Moises G and Rangel Patricia G
Bought by
Rangel Moises G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,532
Interest Rate
7.67%
Mortgage Type
FHA
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
Guerrero Margarito M Aragon $580,000 Nations Title Company
Reynoso Graciela -- Nations Title Company
Mercado Mariela -- Nations Title Company
Mercado Oswaldo -- Nations Title Company
Mercado Oswaldo $365,000 Commonwealth Land Title
Rangel Moises G -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercado Oswaldo $270,000
Previous Owner Rangel Moises G $160,532
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $580,000 -3.3% $217 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $599,999 -- $225 / 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 $8,735 $697,063 $300,457 $396,606
2024 $8,735 $683,396 $294,566 $388,830
2023 $8,622 $669,997 $288,791 $381,206
2022 $8,041 $656,861 $283,129 $373,732
2021 $7,858 $643,982 $277,578 $366,404
2020 $7,719 $637,379 $274,732 $362,647
2019 $7,737 $624,883 $269,346 $355,537
2018 $7,498 $612,631 $264,065 $348,566
2016 $7,115 $588,844 $253,812 $335,032
2015 $7,008 $580,000 $250,000 $330,000
2014 $5,041 $431,231 $147,680 $283,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14126743

California Regional Multiple Listing Service (CRMLS)

APN: 6260-009-038