NOT LISTED FOR SALE

Estimated Value: $699,000 - $865,000

4 Beds
2 Baths
1,848 Sq Ft
$414/Sq Ft Est. Value

Last Sold February 19, 2015

Last sale price $315,000 $170 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,480/month

9 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 2 Car Garage
  • Laundry Room
  • Floor Furnace
  • Wrought Iron Fence

About This Home

As of February 2015

Nice corner lot with two separate 2 bedroom 1 bath homes surrounded by a wrought iron fence. Owner occupies front home, Section 8 Tenants in 2nd home. Seller needs fast sale and escrow. Bring your Pre-approved clients. Sold "AS IS". Seller will NOT do any repairs.

Last Agent to Sell the Property

Geneva Scott

Synerdigm Realty License #01021020 Listed on: 12/28/2014

Last Buyer's Agent

Darryl West

Powerhouse Real Estate License #01417059

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,835 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1599
  • Tax Tract Number 6097
  • Assessor Parcel Number 6029027031

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,500
  • Water Sewer Expense $2,100
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 2100.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6029027031
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 170.45
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7835.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7835.0000 Square Feet
  • Net Operating Income: 14400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 3600.00
  • Rent Control: Yes
  • Total Actual Rent: 1500.00

Tax Info

  • Tax Lot: 1599
  • Tax Tract Number: 6097
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2017
Sold by
Guerra Escobar Jose Manuel and Guerra Roman
Bought by
Guerra Roman
Current Estimated Value
$764,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$284,072
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$480,338

Purchase Details

Closed on
Nov 23, 2016
Sold by
Guerra Escobar Jose Manuel
Bought by
Guerra Escobar Jose Manuel and Guerra Roman Ernesto

Purchase Details

Listed on
Dec 28, 2014
Closed on
Feb 9, 2015
Sold by
Washington Charlie C and Washington Darthene
Bought by
Guerra Escobar Jose Manuel
Seller's Agent
Geneva Scott
Synerdigm Realty
Buyer's Agent
Darryl West
Powerhouse Real Estate
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$309,294
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2007
Sold by
Washington Charlie C
Bought by
Washington Charlie C and Washington Darthene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 1996
Sold by
Carruthers Hazel Craig
Bought by
Washington Charlie C and Washington Darthene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
7.97%
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
Guerra Roman -- Corinthian Title Company Inc
Guerra Escobar Jose Manuel -- None Available
Guerra Escobar Jose Manuel $315,000 Pacific Coast Title Company
Washington Charlie C -- Stewart Title Of Ca Inc
Washington Charlie C -- Stewart Title Of Ca Inc
Washington Charlie C $65,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Roman $340,000
Closed Guerra Escobar Jose Manuel $309,294
Previous Owner Washington Charlie C $281,000
Previous Owner Washington Charlie C $79,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2015 02/19/15 Sold $315,000 +5.0% $170 / Sq Ft
01/06/2015 01/06/15 Pending -- -- --
12/28/2014 12/28/14 For Sale $300,000 -- $162 / 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 $6,117 $477,884 $312,902 $164,982
2024 $6,117 $468,515 $306,767 $161,748
2023 $6,005 $459,329 $300,752 $158,577
2022 $5,738 $450,323 $294,855 $155,468
2021 $5,664 $441,494 $289,074 $152,420
2020 $5,716 $436,968 $286,110 $150,858
2019 $5,503 $428,400 $280,500 $147,900
2018 $5,372 $420,000 $275,000 $145,000
2016 $4,129 $319,803 $233,507 $86,296
2015 $3,447 $269,524 $168,628 $100,896
2014 $3,469 $264,245 $165,325 $98,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14263460

California Regional Multiple Listing Service (CRMLS)

APN: 6029-027-031