NOT LISTED FOR SALE
4 Beds
4 Baths
1,938 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: May 20, 2014

Last sale price $565,000 $292 Per Sq Ft

86 Days on Market

About This Home

As of May 2014

2 beautifully upgraded duplex buildings on large lot in desirable, quiet area of Spring Valley. All 4 units have excellent tenants. New stucco, fencing, windows, and more upgrades. Each unit has AC, floorings are laminate in living room and tile in kitchen. Large fenced courtyard w tons of potential. 7 off street parking spaces. 3 units have additional private/semi private fenced yard or patio. Separate building for laundry w attached large storage/workshop area. Coin operated washer and dryer convey. Neighborhoods: Spring Valley Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 9066 Unit # for Unit 2: 9068 Unit # for Unit 3: 9070 Unit # for Unit 4: 9072 Unit 1 Parking Spaces: 1 Unit 2 Parking Spaces: 1 Unit 3 Parking Spaces: 1 Unit 4 Parking Spaces: 1 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Nancy Ruggles

Century 21 Affiliated License #01366041 Listed on: 12/18/2013

Century 21 Affiliated

Last Buyer's Agent

Jamile Storck

Jed Bratt, Broker License #01920597

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 8,712

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Air
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 9066-9072Lamar91977
  • Assessor Parcel Number 5041112000

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • 4-Plex

Building Details

  • Net Operating Income $34,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

8,712 Sq Ft Lot

Listing Details

  • CapRate: 5.50
  • Park Name: 4-Plex
  • Subdivision Name Other: Spring Valley
  • Property Type: Residential Income
  • Parcel Number: 5041112000
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Roof: Composition

Utilities

  • Appliances: Gas Water Heater
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 45600.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 34200.00
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4

Tax Info

  • Tax Lot: 9066-9072Lamar91977

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,750
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,849
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 1991
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$565,000 Stewart Title Of Ca Inc
$430,000 American Coast Title Inc
$180,000 United Title Company
$160,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $310,750
Previous Owner $310,750
Previous Owner $409,849
Previous Owner $375,000
Previous Owner $179,200
Previous Owner $162,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2014 05/20/14 Sold $565,000 0.0% $292 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $565,000 -- $292 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,893 $740,920 $225,061 $515,859
2025 $10,893 $726,394 $220,649 $505,745
2024 $10,382 $712,152 $216,323 $495,829
2023 $10,040 $698,189 $212,082 $486,107
2022 $9,850 $684,500 $207,924 $476,576
2021 $9,773 $671,080 $203,848 $467,232
2020 $9,365 $664,200 $201,758 $462,442
2019 $9,226 $651,177 $197,802 $453,375
2018 $8,909 $638,410 $193,924 $444,486
2017 $8,519 $613,775 $190,122 $423,653
2016 $7,974 $585,075 $186,395 $398,680
2015 $7,910 $576,288 $183,596 $392,692
2014 $6,088 $425,924 $100,454 $325,470
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 130064839

California Regional Multiple Listing Service (CRMLS)

APN: 504-111-20-00

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