NOT LISTED FOR SALE

Estimated Value: $408,000 - $588,000

1 Bed
1 Bath
864 Sq Ft
$594/Sq Ft Est. Value

Last Sold August 22, 2012

Last sale price $120,000 $139 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $2,988/month

597 Days on Market

Highlights

  • Property is near a park
  • Living Room
  • Bungalow
  • Private Yard
  • Laundry Room
  • Tile Flooring

About This Home

As of August 2012

SHORTSALE: This property is an attached duplex located in a residential neighborhood. Each unit consist of 1 bedroom and 1 bath and it's in fairly good condition. Also please note that the accuracy of all information, including square footage and lot sizes is deemed reliable but not guaranteed and should be independently verified through personal inspection with appropriate professionals.

Last Agent to Sell the Property

Sharon Sanchez

Sharon Sanchez License #01206592 Listed on: 06/09/2010

Last Buyer's Agent

Sharon Sanchez

Sharon Sanchez License #01206592 Listed on: 06/09/2010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 1924

Lot Details

  • 5,140 Sq Ft Lot
  • Fenced
  • Landscaped
  • Private Yard
  • Lawn

Home Design

  • Bungalow
  • Frame Construction
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • Living Room
  • Fire and Smoke Detector
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Property is near a park

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 423
  • Tax Tract Number 6097
  • Assessor Parcel Number 6023011019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $300
  • Insurance Expense $600
  • Water Sewer Expense $1,200
  • Gross Income $1,200
  • Net Operating Income $8,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,035

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Security: Smoke Detector(s)
  • Subdivision Name Other: OTHR
  • View: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 6023011019
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 138.89
  • Room Type: Living Room

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Individual Room

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Lawn, Landscaped, Park Nearby, Yard
  • Lot Size Sq Ft: 5140.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 432
  • Gross Income: 1200.00
  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5140.0000 Square Feet
  • Net Operating Income: 8700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2100.00
  • Operating Expense Percent: 1.50
  • Rent Control: Yes
  • Total Actual Rent: 1200.00
  • Vacancy Allowance: 3600
  • Vacancy Allowance Rate: 25.00

Tax Info

  • Tax Lot: 423
  • Tax Tract Number: 6097
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2020
Sold by
Vich Silvia
Bought by
Magik Equity Investments Llc
Current Estimated Value
$501,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Outstanding Balance
$257,905
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$255,430

Purchase Details

Closed on
Mar 16, 2020
Sold by
Vich Marcelino
Bought by
Vich Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Outstanding Balance
$257,905
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$255,430

Purchase Details

Closed on
Dec 19, 2013
Sold by
Edderton Llc
Bought by
Magik Equity Investments Llc

Purchase Details

Listed on
Jun 9, 2010
Closed on
Jul 19, 2012
Sold by
Stoner Janet M
Bought by
Edderton Llc
Seller's Agent
Sharon Sanchez
Sharon Sanchez
Buyer's Agent
Sharon Sanchez
Sharon Sanchez
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Original Mortgage
$78,000
Interest Rate
3.53%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 11, 2006
Sold by
Stoner Reginald Eugene
Bought by
Stoner Janet M

Purchase Details

Closed on
Jan 23, 2006
Sold by
Coleman Roger and Coleman Roger Lee
Bought by
Stoner Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
11.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Magik Equity Investments Llc -- First American Title Company
Vich Silvia -- First Amer Ttl Co Res Div
Vich Silvia -- First American Title Company
Magik Equity Investments Llc -- None Available
Edderton Llc $120,000 Title 365
Stoner Janet M -- Landsafe Title Company
Stoner Janet M -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vich Silvia $290,500
Previous Owner Magik Equity Investments Llc $2,300,000
Previous Owner Edderton Llc $78,000
Previous Owner Stoner Janet M $215,000
Previous Owner Coleman Roger $12,000
Previous Owner Coleman Roger $55,000
Previous Owner Coleman Roger $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2012 08/22/12 Sold $120,000 -20.0% $139 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
06/09/2010 06/09/10 For Sale $150,000 -- $174 / 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 $3,035 $236,175 $161,681 $74,494
2024 $3,035 $231,545 $158,511 $73,034
2023 $2,980 $227,005 $155,403 $71,602
2022 $2,846 $222,555 $152,356 $70,199
2021 $2,810 $218,192 $149,369 $68,823
2019 $2,730 $211,723 $144,940 $66,783
2018 $2,660 $207,573 $142,099 $65,474
2016 $2,539 $199,515 $136,582 $62,933
2015 $2,503 $196,519 $134,531 $61,988
2014 $2,524 $192,670 $131,896 $60,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S10062206

California Regional Multiple Listing Service (CRMLS)

APN: 6023-011-019