NOT LISTED FOR SALE

Estimated Value: $403,000 - $474,016

4 Beds
2 Baths
1,503 Sq Ft
$295/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $305,305 $203 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,674/month

4 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • Wood Siding

About This Home

As of December 2019

Investor Alert! Great location, close to downtown, freeway, shopping and restaurants. Large lower unit with 3 bedrooms and 1.1 baths. Open living room kitchen concept. Nice upper unit with 2 bedrooms and 1 bath. Each unit has own laundry room. Spacious backyard with garden area. Please do not disturb tenants or walk onto property.

Last Agent to Sell the Property

Shelly Caswell

Keller Williams Realty License #25555 Listed on: 11/29/2019

Keller Williams Realty

Last Buyer's Agent

Gregory Rider

John L. Scott Real Estate License #126592

John L. Scott Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1910

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,503 Sq Ft Home
  • 2-Story Property

Schools

  • Hough Elementary School
  • Discovery Middle School
  • Hudsons Bay High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 055920000

Community Details

Overview

  • 2 Units
  • Hough Subdivision

Building Details

  • Operating Expense $5,199
  • Gross Income $16,500
  • Net Operating Income $16,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,559

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1910
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hough
  • High School: Hudsons Bay
  • Middle Or Junior School: Discovery

Lot Info

  • Zoning: R-9
  • Parcel #: 055920000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 2558.76

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.57
  • Annual Gross Income: 16500.0
  • Property Net Operating Income: 16500.0
  • Annual Operating Expense: 5199.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2019
Closed on
Dec 13, 2019
Sold by
Wase James R and Estate Of Robert R Wood
Bought by
Stewart Rentals 2 Llc
Seller's Agent
Shelly Caswell
Keller Williams Realty
Buyer's Agent
Gregory Rider
John L. Scott Real Estate
List Price
$289,900
Sold Price
$305,305
Premium/Discount to List
$15,405
5.31%
Current Estimated Value
$443,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,699
Avg. Annual Appreciation
6.55%
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
Stewart Rentals 2 Llc $305,305 Wfg Natl Ttl Co Of Clark Cnt
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $305,305 +5.3% $203 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/29/2019 11/29/19 For Sale $289,900 -- $193 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,215 $409,880 $226,148 $183,732
2024 $3,902 $431,474 $226,148 $205,326
2023 $3,825 $417,016 $216,955 $200,061
2022 $3,313 $410,361 $224,309 $186,052
2021 $3,408 $331,104 $183,860 $147,244
2020 $2,969 $321,075 $167,137 $153,938
2019 $2,559 $289,861 $149,917 $139,944
2018 $2,843 $258,706 $0 $0
2017 $2,594 $238,631 $0 $0
2016 $2,352 $227,264 $0 $0
2015 $2,289 $196,867 $0 $0
2014 -- $181,162 $0 $0
2013 -- $174,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19075315

Regional Multiple Listing Service (RMLS)

APN: 055920-000