NOT LISTED FOR SALE

Estimated Value: $1,048,000 - $1,190,000

7 Beds
5 Baths
2,797 Sq Ft
$399/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $700,000 $250 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,598/month

2 Days on Market

Highlights

  • 85,813 Sq Ft lot
  • No Heating
  • 1-Story Property
  • Laundry Room

About This Home

As of November 2018

4 UNITS 1.97 ACRES. 2 BEDROOM 1 BATH HOUSE, 2 UNITS WITH 2 BEDROOM 1 BATH EACH, ONE UNIT 3 BEDROOMS 2 BATHS.
ZONED AGRICULTURAL.

Last Agent to Sell the Property

JEAN FROST

FROST REALTY SERVICES License #01190532 Listed on: 09/23/2018

Last Buyer's Agent

Hajia Zafar

First Team Real Estate License #01169977

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,318

Year Built

  • Built in 1930

Lot Details

  • 1.97 Acre Lot
  • No Common Walls
  • Rural Setting
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 2,797 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Laundry in Kitchen

Utilities

  • No Heating
  • Agricultural Well Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 30
  • Tax Tract Number 405
  • Assessor Parcel Number 170070004

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $60
  • Water Sewer Expense $240
  • New Taxes Expense $8,750
  • Operating Expense $300
  • Gross Income $5,520
  • Net Operating Income $5,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,318

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 240.00
  • Zoning: A-1
  • Property Type: Residential Income
  • Parcel Number: 170070004
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 250.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Kitchen, Outside
  • Sewer: Public Sewer
  • Trash Expense: 60.00
  • Water Source: Agricultural Well, Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 85813.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5520.00
  • Gross Scheduled Income: 5520.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 5220.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 300.00
  • Rent Control: Yes
  • Total Actual Rent: 2720.00
  • Total Expenses: 300.00

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Census Tract: 405.02
  • Tax Lot: 30
  • Tax Tract Number: 0405.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Javaid Khalid and Javaid Khawar Hamid
Bought by
Ben Nevis One Llc
Current Estimated Value
$1,117,000

Purchase Details

Listed on
Sep 23, 2018
Closed on
Oct 2, 2018
Sold by
Felty Chun Dae
Bought by
Javaid Khalid and Javaid Khawar Hamid
Seller's Agent
JEAN FROST
FROST REALTY SERVICES
Buyer's Agent
Hajia Zafar
First Team Real Estate
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
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
Ben Nevis One Llc -- None Available
Javaid Khalid $700,000 Western Resources Title Comp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2018 11/09/18 Sold $700,000 0.0% $259 / Sq Ft View Prior Sale
11/09/2018 11/09/18 Sold $700,000 -6.7% $250 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/24/2018 09/24/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $750,000 0.0% $268 / Sq Ft
03/01/2018 03/01/18 For Sale $750,000 -- $278 / 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 $8,318 $780,858 $83,661 $697,197
2023 $8,318 $841,500 $229,500 $612,000
2022 $9,165 $825,000 $225,000 $600,000
2021 $8,125 $721,396 $77,292 $644,104
2020 $8,037 $714,000 $76,500 $637,500
2019 $7,879 $700,000 $75,000 $625,000
2018 $1,933 $178,489 $60,861 $117,628
2017 $1,912 $174,990 $59,668 $115,322
2016 $1,885 $171,560 $58,499 $113,061
2015 $1,859 $168,984 $57,621 $111,363
2014 $1,732 $165,677 $56,494 $109,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18232096

California Regional Multiple Listing Service (CRMLS)

APN: 170-070-004