NOT LISTED FOR SALE

Estimated Value: $67,000 - $89,000

4 Beds
2 Baths
1,122 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $65,000 $58 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $580/month

11 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Level Lot
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2023

This four bedroom, two bathroom investment property is a fantastic opportunity for investors seeking a stable rental income. Currently rented by a Section 8 tenant for $1,166/mo, this property offers a reliable source of passive income. The property has recently been updated with all new windows and flooring throughout, making it more attractive to potential tenants and increasing it's overall value. The four bedrooms offer plenty of space for families or roommates, while the two bathrooms provide added convenience and privacy. With the tenants currently under lease until December 2023, investors can enjoy the security of a guaranteed income stream. The investment property is in the medical district, which is a highly sought-after area for renters. Being near medical facilities and healthcare providers makes this property an attractive option for healthcare professionals and their families, increasing the potential pool of renters and further solidifying its investment value.

Last Agent to Sell the Property

Jerry George

The Real Estate Group, Inc. License #475159363 Listed on: 03/28/2023

The Real Estate Group, Inc.

Last Buyer's Agent

Richard Wiese

Wiese Properties Powered By Keller Williams License #475199673

Wiese Properties Powered By Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Lot Details

  • Lot Dimensions are 130x40
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,122 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lanphier High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14-27.0-153-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 57.93
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1122
  • TotalBasementSqFt: 1122
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Gravel
  • Construction Type: Frame, Aluminum Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: No
  • Parking Features: Gravel

Utilities

  • Heating: Gas, Forced Air, Other
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Lanphier High School

Lot Info

  • Lot Size: 130x40
  • Parcel #: 14-27.0-153-018

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1185.88
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
May 22, 2023
Sold by
Grigiski Morgan L
Bought by
Escaross Peter and Escaross Samuel
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
Richard Wiese
Wiese Properties Powered By Keller Williams
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%
Views
86
Current Estimated Value
$79,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,601
Avg. Annual Appreciation
6.82%
Original Mortgage
$52,000
Outstanding Balance
$50,804
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$25,094

Purchase Details

Listed on
Aug 30, 2022
Closed on
Sep 20, 2022
Sold by
Key Holder Properties Llc
Bought by
Grigiski Morgan L
Seller's Agent
JEFF LOCHBAUM
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$34,900
Sold Price
$32,000
Premium/Discount to List
-$2,900
-8.31%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
183.53%
Original Mortgage
$46,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 28, 2008

Purchase Details

Closed on
Sep 27, 2001

Purchase Details

Closed on
Oct 2, 2000

Purchase Details

Closed on
May 4, 2000

Purchase Details

Closed on
Feb 29, 2000

Purchase Details

Closed on
Feb 28, 2000

Purchase Details

Closed on
Jun 11, 1999

Purchase Details

Closed on
Apr 2, 1998
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
Escaross Peter $65,000 None Listed On Document
Grigiski Morgan L $32,000 --
-- $40,000 --
-- -- --
-- -- --
-- $22,000 --
-- -- --
-- $22,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escaross Peter $52,000
Previous Owner Grigiski Morgan L $46,000
Previous Owner Grigiski Morgan L $28,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $65,000 -7.1% $58 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $70,000 +118.8% $62 / Sq Ft
09/14/2022 09/14/22 Sold $32,000 -8.3% $28 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $34,900 -- $31 / Sq Ft
Source: RMLS Alliance

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
2024 $1,902 $22,640 $2,316 $20,324
2023 $1,828 $20,679 $2,115 $18,564
2022 $1,226 $13,687 $2,005 $11,682
2021 $1,186 $13,175 $1,930 $11,245
2020 $1,162 $13,195 $1,933 $11,262
2019 $1,141 $13,149 $1,926 $11,223
2018 $1,172 $13,876 $1,918 $11,958
2017 $1,148 $13,696 $1,893 $11,803
2016 $1,126 $13,496 $1,865 $11,631
2015 $1,115 $13,335 $1,843 $11,492
2014 $1,098 $13,249 $1,831 $11,418
2013 $1,073 $13,249 $1,831 $11,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1021191

RMLS Alliance

APN: 14-27.0-153-018