NOT LISTED FOR SALE

Estimated Value: $695,419 - $849,000

6 Beds
3 Baths
2,400 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $417,000 $174 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,804/month

11 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Great Room
  • Home Office
  • Wood Flooring
  • No HOA
  • 2 Car Direct Access Garage

About This Home

As of June 2015

Great cul-de-sac community. Perfect opportunity to live in one unit and rent the other. Newly remodeled and upgraded two units with hard wood floors and tiles and beautiful turnkey upgrades in the kitchen and bathrooms of both units. The larger unit consists of 4 bedrooms and 2 full baths while the other unit is two bedrooms and one bath. Both have their own garages. The larger unit has the main garage entrance attached to the home and the smaller unit has a detached garage. Both units have their own private back yard space. New concrete driveway and concrete entrance put in for low maintenance landscaping in the front of the units. Perfect to park additional cars on drive way or to do whatever you want in the front to enjoy the space! This property is easy access to all major freeways and shopping centers. You do not want to miss out on this hidden gem.

Last Agent to Sell the Property

Christine Lee

LEE & COMPANY License #01317826 Listed on: 05/09/2015

Last Buyer's Agent

Aaron Marin

SAN MARINO REALTY License #01139451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,047

Year Built

  • Built in 1976

Lot Details

  • 9,148 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage
  • Shared Driveway
  • On-Street Parking
  • Parking Permit Required
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Bonus Room with Fireplace

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air
  • Heating Available
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 11
  • Tax Tract Number 7622
  • Assessor Parcel Number 155381011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $250
  • Insurance Expense $200
  • Trash Expense $50
  • Water Sewer Expense $30
  • New Taxes Expense $200
  • Gross Income $2,810
  • Net Operating Income $23,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,047

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • CapRate: 7.70
  • Property Attached: Yes
  • Water Sewer Expenses: 30.00
  • Property Type: Residential Income
  • Parcel Number: 155381011
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Bonus Room, Bath, Dining Room, Family Room, Living Room, Master Bedroom
  • Levels: One
  • Room Type: All Bedrooms Down, Entry, Family Room, Great Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Separate Family Room, Office

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Assigned, Concrete, Direct Garage Access, Garage, Permit Required, Garage Faces Side, Shared Driveway, Street
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Range Hood
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Trash Expense: 50.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 9148.00
  • Price Per Lot Square Foot: 45.58
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 2810.00
  • Gross Scheduled Income: 33720.00
  • Insurance Expense: 200.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 23604.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10116.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 200.00
  • Tax Lot: 11
  • Tax Tract Number: 7622
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2015
Closed on
May 22, 2015
Sold by
Cocasey Llc
Bought by
Bailey David and Bailey Cristen Stier
Seller's Agent
Christine Lee
LEE & COMPANY
Buyer's Agent
Aaron Marin
SAN MARINO REALTY
List Price
$438,500
Sold Price
$417,000
Premium/Discount to List
-$21,500
-4.9%
Total Days on Market
11
Current Estimated Value
$766,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,105
Avg. Annual Appreciation
6.30%
Original Mortgage
$312,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2014
Sold by
Kan Alan and Kwok Heidi
Bought by
Cocasey Llc

Purchase Details

Listed on
Jul 15, 2013
Closed on
Aug 8, 2013
Sold by
Guardado Rodolfo and Guardado Reina
Bought by
Kan Alan and Kwok Heidi
Seller's Agent
Rolando Lopez
Freedom Homes
Buyer's Agent
Diana YangLuo
AMDJ Realty, Inc.
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$234,500
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2013
Closed on
Mar 15, 2013
Sold by
Navarro Antonio S
Bought by
Guardado Rodolfo and Guardado Reina
Seller's Agent
Vincent Cervantes
Freedom Homes
Buyer's Agent
Rolando Lopez
Freedom Homes
List Price
$195,000
Sold Price
$165,000
Premium/Discount to List
-$30,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
757.23%

Purchase Details

Closed on
Nov 17, 2003
Sold by
Navarro Antonio and Navarro Guadalupe
Bought by
Navarro Antonio S and Navarro Guadalupe B
Source: Public Records

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Range of Values:

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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
Bailey David $417,000 First American Title Company
Cocasey Llc -- None Available
Kan Alan $350,000 Lawyers Title
Guardado Rodolfo $165,000 Old Republic Title Company
Navarro Antonio S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey David $357,500
Closed Bailey David $312,750
Previous Owner Kan Alan $234,500
Previous Owner Navarro Antonio S $320,000
Previous Owner Navarro Antonio S $211,500
Previous Owner Navarro Antonio $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $417,000 -4.9% $174 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $438,500 0.0% $183 / Sq Ft
08/16/2014 08/16/14 Rented $1,300 0.0% --
08/16/2014 08/16/14 For Rent $1,300 -3.7% --
11/30/2013 11/30/13 Rented $1,350 +22.7% --
11/09/2013 11/09/13 Under Contract -- -- --
09/06/2013 09/06/13 For Rent $1,100 0.0% --
08/28/2013 08/28/13 Sold $350,000 0.0% $146 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $350,000 +112.1% $146 / Sq Ft
04/23/2013 04/23/13 Sold $165,000 -15.4% $69 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $195,000 -- $81 / 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
2023 $6,047 $481,701 $103,961 $377,740
2022 $5,597 $472,257 $101,923 $370,334
2021 $5,504 $462,998 $99,925 $363,073
2020 $5,416 $458,252 $98,901 $359,351
2019 $5,346 $449,267 $96,962 $352,305
2018 $5,272 $440,459 $95,062 $345,397
2017 $5,174 $431,824 $93,199 $338,625
2016 $5,089 $423,358 $91,372 $331,986
2015 $4,308 $356,992 $61,198 $295,794
2014 -- $350,000 $60,000 $290,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15099336

California Regional Multiple Listing Service (CRMLS)

APN: 155-381-011