$113,000
SOLD JUN 22, 2012
4 Beds
2 Baths
1,326 Sq Ft
5,500 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

6% Below List Price

180 Days on Market

About This Home

As of March 2017

Standard Sale, not REO not Short Sale. Property has been recently renovated and it features updated windows, carpet in the bedrooms, new kitchen in the back unit, new dishwashers and front landscaping. Units are closed to schools and shooping. your Buyers will love this great Income producing property. All expenses are estimated.

Last Agent to Sell the Property

Gonzalo Salazar

CRMLS Member Transfer License #01281230 Listed on: 11/24/2011

Last Buyer's Agent

Juan Andrade

A Plus Realty 8 Financing License #01300433

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $861

Year Built

  • Built in 1910

Home Design

  • 1,326 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Unassigned Parking

Additional Features

  • Laundry Room
  • 5,500 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 58
  • Assessor Parcel Number 0140231270000

Community Details

Overview

  • 2 Buildings
  • 1,760 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $400
  • Trash Expense $360
  • Water Sewer Expense $840
  • New Taxes Expense $1,000
  • Operating Expense $2,600
  • Gross Income $1,400
  • Net Operating Income $13,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$861

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: Stoves
  • Water Sewer Expenses: 840.00
  • Property Type: Residential Income
  • Parcel Number: 0140231270000
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 85.22

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5500.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1400.00
  • Gross Operating Income: 15960.00
  • Gross Scheduled Income: 16800.00
  • Insurance Expense: 400.00
  • Lot Size Area: 5500.0000 Square Feet
  • Net Operating Income: 13680.00
  • 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: 1760
  • Number With Dishwasher: 2
  • Number With Disposal: 1
  • Number With Range: 2
  • Operating Expense: 3100.00
  • Rent Control: No
  • Total Actual Rent: 1400.00
  • Total Expenses: 2600.00
  • Vacancy Allowance: 840
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 1000.00
  • Tax Lot: 1
  • Tax Tract Number: 58
  • Tax Annual Amount: 861.00
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
Mendoza Ignacio Arauz
Bought by
Martinez Evangelina Pina
Current Estimated Value
$435,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,100
Outstanding Balance
$176,089
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$258,980

Purchase Details

Closed on
Jan 1, 2018
Sold by
Martinez Angelica Pina and Reyes Aguilar Yey Francisco
Bought by
Martinez Angelica Pina

Purchase Details

Listed on
Aug 4, 2016
Closed on
Mar 6, 2017
Sold by
Reyes Olga Evelia
Bought by
Reyes Aguilar Yey Francisco
Seller's Agent
Juan Andrade
A Plus Realty 8 Financing
Buyer's Agent
Juan Andrade
A Plus Realty 8 Financing
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%

Purchase Details

Closed on
Sep 28, 2016
Sold by
Nunes Joel
Bought by
Martinez Angelica Pina and Reyes Aguilar Yey Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 24, 2011
Closed on
Apr 23, 2012
Sold by
Calpoly Investments Llc
Bought by
Nunes Joel
Seller's Agent
Gonzalo Salazar
CRMLS Member Transfer
Buyer's Agent
Juan Andrade
A Plus Realty 8 Financing
List Price
$119,900
Sold Price
$113,000
Premium/Discount to List
-$6,900
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$84,750
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2011
Sold by
Anz Michael G
Bought by
Calpoly Investments Llc

Purchase Details

Closed on
Jan 21, 2009
Sold by
Anz Maritoni Acosta
Bought by
Anz Michael G

Purchase Details

Closed on
Jan 20, 2009
Sold by
Lasalle Bank Na
Bought by
Anz Michael G

Purchase Details

Closed on
Jul 12, 2008
Sold by
Gomez Gerardo
Bought by
Lasalle Bank Na and The Mlmi Trust Series 2007-He3

Purchase Details

Closed on
Apr 21, 2006
Sold by
Sanchez Victor V
Bought by
Gomez Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
9.64%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 4, 2005
Sold by
Sanchez Victor V
Bought by
Sanchez Victor V and Gomez Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2004
Sold by
Cardenas Maria
Bought by
Sanchez Victor V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2003
Sold by
Cardenas Maria and Castro Luis
Bought by
Cardenas Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 13, 1999
Sold by
Ernest Montanez
Bought by
Cardenas Jose Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,372
Interest Rate
6.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- Nextitle
Interfamily Deed Transfer -- Nextitle
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Spl Title Services
Grant Deed $200,000 Spl Title Services
Grant Deed $113,000 Fidelity National Title Co
Grant Deed $84,500 Chicago Title Company
Interfamily Deed Transfer -- Lsi Title
Grant Deed $66,000 Lsi Title
Trustee Deed $111,850 Accommodation
Grant Deed -- Stewart Title Of Ca Inc
Interfamily Deed Transfer $226,000 United Title
Grant Deed $226,000 United Title
Interfamily Deed Transfer -- Gateway Title
Grant Deed $62,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $193,100 New Conventional
Previous Owner $196,377 FHA
Previous Owner $84,750 New Conventional
Previous Owner $54,000 New Conventional
Previous Owner $283,500 Balloon
Previous Owner $180,800 Purchase Money Mortgage
Previous Owner $141,700 Unknown
Previous Owner $92,000 Unknown
Previous Owner $62,372 FHA
Closed $45,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2017 03/27/17 Sold $200,000 +0.1% $151 / Sq Ft
11/05/2016 11/05/16 Pending -- -- --
08/09/2016 08/09/16 Price Changed $199,900 -4.8% $151 / Sq Ft
08/04/2016 08/04/16 For Sale $209,900 +85.8% $158 / Sq Ft
06/22/2012 06/22/12 Sold $113,000 -5.8% $85 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
11/24/2011 11/24/11 For Sale $119,900 -- $90 / 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 $3,639 $284,141 $62,631 $221,510
2024 $3,639 $278,570 $61,403 $217,167
2023 $3,548 $273,108 $60,199 $212,909
2022 $3,554 $267,753 $59,019 $208,734
2021 $3,151 $230,888 $56,899 $173,989
2020 $3,159 $228,521 $56,316 $172,205
2019 $3,066 $224,040 $55,212 $168,828
2018 $2,827 $122,296 $23,811 $98,485
2017 $1,706 $119,898 $23,344 $96,554
2016 $1,655 $117,547 $22,886 $94,661
2015 $1,535 $115,781 $22,542 $93,239
2014 $1,593 $113,513 $22,100 $91,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I11152901

California Regional Multiple Listing Service (CRMLS)

APN: 0140-231-27