NOT LISTED FOR SALE

Estimated Value: $660,000 - $1,012,000

4 Beds
2 Baths
2,600 Sq Ft
$323/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $420,000 $162 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,239/month

14 Days on Market

Highlights

  • Granite Countertops
  • Double Pane Windows
  • Tile Flooring
  • Two Homes on a Lot
  • Laundry Room
  • Wrought Iron Fence

About This Home

As of June 2015

Great opportunity to purchase this newer construction Duplex. Built in 2007, the property has ample off-street gated parking for up to 4 cars. Both units in great condition and have 4 bedrooms and 2 bathrooms each has tiled floors kitchen and baths carpet throughout and washer & dryer hookups. Great investment opportunity. Must see!!

Last Agent to Sell the Property

Juan Zuniga

Berkshire Hathaway Hm Ser License #01916666 Listed on: 03/31/2015

Last Buyer's Agent

Gonzalo Gomez

EXCELLENCE RE REAL ESTATE License #01893244

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,386

Year Built

  • Built in 2007

Lot Details

  • 5,419 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Raised Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Window Screens
  • Granite Countertops
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 32 / 11
  • Tax Tract Number 26
  • Assessor Parcel Number 6030028014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Trash Expense $588
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,780
  • Gross Income $3,400
  • Net Operating Income $9,968

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,386

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6030028014
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 161.54
  • Room Type: Master Bedroom
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Lighting
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 588.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5419.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3400.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5419.0000 Square Feet
  • Net Operating Income: 9968.00
  • 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: 9968.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5780.00
  • Tax Block: 11
  • Tax Lot: 32
  • Tax Tract Number: 26
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2015
Closed on
Apr 28, 2015
Sold by
Dmm Group Llc
Bought by
Castillo Santiago
Seller's Agent
Juan Zuniga
Berkshire Hathaway Hm Ser
Buyer's Agent
Gonzalo Gomez
EXCELLENCE RE REAL ESTATE
List Price
$414,888
Sold Price
$420,000
Premium/Discount to List
$5,112
1.23%
Total Days on Market
14
Current Estimated Value
$840,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,927
Avg. Annual Appreciation
7.45%
Original Mortgage
$315,000
Outstanding Balance
$247,013
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$614,025

Purchase Details

Closed on
Jul 20, 2011
Sold by
First Wilshire Finance Llc
Bought by
Dmm Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
4.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 5, 2011
Sold by
Rmz Group Inc
Bought by
First Wilshire Finance Llc

Purchase Details

Closed on
Aug 28, 2006
Sold by
Ford Bette Busse Merritt and The Merritt Ford Trust
Bought by
Rmz Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,250
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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
Castillo Santiago $420,000 Provident Title Company
Dmm Group Llc -- Provident Title Company
First Wilshire Finance Llc $4,000 None Available
Rmz Group Inc $599,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Santiago $315,000
Previous Owner Ddm Group Llc $1,382,500
Previous Owner Dmm Group Llc $276,500
Previous Owner Dmm Group Llc $0
Previous Owner Dmm Group Llc $70,000
Previous Owner Rmz Group Inc $416,500
Previous Owner Rmz Group Inc $455,000
Previous Owner Rmz Group Inc $449,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $420,000 +1.2% $162 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $414,888 -- $160 / 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
2024 $6,386 $494,871 $306,350 $188,521
2023 $6,268 $485,169 $300,344 $184,825
2022 $5,986 $475,656 $294,455 $181,201
2021 $5,903 $466,331 $288,682 $177,649
2019 $5,732 $452,501 $280,120 $172,381
2018 $5,645 $443,629 $274,628 $169,001
2016 $5,379 $426,405 $263,965 $162,440
2015 $5,031 $397,138 $250,824 $146,314
2014 -- $389,359 $245,911 $143,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15067243

California Regional Multiple Listing Service (CRMLS)

APN: 6030-028-014