NOT LISTED FOR SALE

Estimated Value: $706,000 - $797,000

8 Beds
4 Baths
2,072 Sq Ft
$357/Sq Ft Est. Value

Last Sold October 10, 2012

Last sale price $317,500 $153 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,539/month

44 Days on Market

Highlights

  • Open Floorplan
  • Granite Countertops
  • Recessed Lighting
  • Modern Architecture
  • Double Door Entry
  • Laundry closet

About This Home

As of October 2012

Duplex - 2 units - Each unit features 4 bedrooms/2 bathrooms, laundry closet inside. Property was rehabbed 1 year ago, everything new. This property is perfect for owner occupied or income property. Front unit is vacant and rear unit is collecting $2000/month. Property has plenty of parking in the back with carport. Call me today for a private showing!!!

Last Agent to Sell the Property

Ray Penado

Excellence RE Real Estate License #01709871 Listed on: 07/31/2012

Last Buyer's Agent

Torey Carrick

eXp Realty of California Inc License #01878468

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,957

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,331 Sq Ft Lot
  • Lot Dimensions are 40x133
  • Property fronts an alley

Home Design

  • Modern Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,072 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Double Door Entry
  • Granite Countertops
  • Laundry closet

Flooring

  • Carpet
  • Tile

Parking

  • 6 Parking Spaces
  • 1 Carport Space
  • Uncovered Parking
  • Parking Lot

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 155
  • Tax Tract Number 6
  • Assessor Parcel Number 6029004023

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • New Taxes Expense $4,379
  • Gross Income $3,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,957

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Road Frontage Type: Alley
  • View: No
  • Zoning: LAR2
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6029004023
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Open Floorplan, Recessed Lighting
  • Flooring: Carpet, Tile
  • Appliances: No
  • Door Features: Double Door Entry
  • Levels: One
  • Price Per Square Foot: 153.23

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: No
  • Parking Features: Carport, Parking Space, Uncovered
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: In Closet
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 40x133
  • Lot Size Sq Ft: 5331.00
  • Lot Size Acres: 0.1220

Multi Family

  • Gross Income: 3800.00
  • Gross Multiplier: 86.58
  • Gross Scheduled Income: 3800.00
  • Insurance Expense: 750.00
  • Lot Size Area: 5331.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Total Actual Rent: 2000.00
  • Vacancy Allowance Rate: 50.00

Tax Info

  • New Taxes Expense: 4379.00
  • Tax Area: 7
  • Tax Lot: 155
  • Tax Tract Number: 6
  • Tax Year: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2017
Sold by
Kommareddy Sandeep
Bought by
Kommareddy Sandeep and Kommareddy Brunda
Current Estimated Value
$753,558

Purchase Details

Listed on
Jul 31, 2012
Closed on
Oct 18, 2012
Sold by
Sr Homes Inc
Bought by
Kommareddy Sandeep and Kommareddy Brunda
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
Torey Carrick
eXp Realty of California Inc
List Price
$349,000
Sold Price
$317,500
Premium/Discount to List
-$31,500
-9.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Feb 16, 2012
Sold by
California Realty & Investment Group Inc
Bought by
Sr Homes Inc

Purchase Details

Closed on
Jan 17, 2011
Sold by
Bankunited
Bought by
California Realty & Investment Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,750
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2010
Sold by
Webb Jerold and Webb Trisha L M
Bought by
Bankunited and Bankunited Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,750
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2005
Sold by
Copeland Ronald R
Bought by
Webb Jerold C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 22, 2005
Sold by
Jackson Jacqulyn
Bought by
Copeland Ronald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 10, 2004
Sold by
Copeland Ronald R and Ali Ronald R
Bought by
Copeland Ronald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 18, 2003
Sold by
Value Properties Inc
Bought by
Ali Ronald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2003
Sold by
Vance Jonathan
Bought by
Value Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kommareddy Sandeep -- None Available
Kommareddy Sandeep $317,500 Stewart Title Of California
Sr Homes Inc -- Fidelity National Title Co
California Realty & Investment Group Inc $202,000 Lsi Title Company Inc
Bankunited $553,791 None Available
Webb Jerold C $535,000 --
Copeland Ronald R -- First American Title Co
Copeland Ronald R -- --
Ali Ronald R $306,000 Commerce Title
Value Properties Inc $115,000 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kommareddy Sandeep $432,000
Closed Kommareddy Sandeep $280,000
Previous Owner California Realty & Investment Group Inc $127,000
Previous Owner California Realty & Investment Group Inc $191,750
Previous Owner Webb Jerold $500,000
Previous Owner Webb Jerold $76,000
Previous Owner Webb Jerold C $428,000
Previous Owner Copeland Ronald R $102,000
Previous Owner Copeland Ronald R $92,500
Previous Owner Ali Ronald R $244,800
Previous Owner Value Properties Inc $188,000
Closed Ali Ronald R $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2012 10/10/12 Sold $317,500 -9.0% $153 / Sq Ft
09/13/2012 09/13/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $349,000 -- $168 / 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 $4,957 $390,965 $221,651 $169,314
2024 $4,957 $383,300 $217,305 $165,995
2023 $4,866 $375,786 $213,045 $162,741
2022 $4,646 $368,418 $208,868 $159,550
2021 $4,581 $361,195 $204,773 $156,422
2019 $4,449 $350,484 $198,700 $151,784
2018 $4,358 $343,612 $194,804 $148,808
2016 $4,150 $330,272 $187,241 $143,031
2015 $4,091 $325,312 $184,429 $140,883
2014 $4,116 $318,941 $180,817 $138,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1204053

California Regional Multiple Listing Service (CRMLS)

APN: 6029-004-023