NOT LISTED FOR SALE

9424 Pradera Ave Montclair, CA 91763

Estimated Value: $1,168,000 - $1,255,709

8 Beds
4 Baths
3,592 Sq Ft
$334/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $665,000 $185 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,201/month

21 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Landscaped
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Security Fence

About This Home

As of May 2016

Pride of ownership and great care show in this four unit apartment building. Two units upstairs and two downstairs. All two bedroom one bathroom. Each tenant has a detached covered one car garage plus bonus parking. Large 12,233 sq ft lot with grassy park like feel. Easy to rent due to GREAT LOCATION and proximity to amenities. Gas and electricity has 4 separate meters for every tenant. All units have tub/shower combos and walk in closets. Each unit has window air conditioning and gas wall heaters. Community laundry in separate room downstairs. New roof on garage and copper plumbing throughout. Water for sprinklers and gardener is paid by HOA, along with maintaining alleyway. DRIVE BY ONLY, PLEASE DO NOT DISTURB TENANTS!!

Last Agent to Sell the Property

Tracey Sanchez

Berkshire Hathaway HomeService License #01701932 Listed on: 03/28/2016

Berkshire Hathaway HomeService

Last Buyer's Agent

Herbert Hwang

ILLUMINANT PROPERTIES License #01422491

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,460

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Security Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn

HOA Fees

  • $163 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Asphalt Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,592 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 36
  • Tax Tract Number 4757
  • Assessor Parcel Number 1009101170000

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Castle Rock Villas Association

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $514
  • Insurance Expense $1,424
  • Trash Expense $2,708
  • Water Sewer Expense $540
  • New Taxes Expense $2,234
  • Net Operating Income $41,606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,460

Year Built

Built in 1967 | Remodeled

Lot Details

0

HOA Fees

$163 per month

Parking

4

Listing Details

  • Other Phone Description: 6262324483
  • Other Phone Number: 6262324483
  • Price Per Unit: 159750
  • Property Attached: Yes
  • Water Sewer Expenses: 540.00
  • Zoning: R3
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 1009101170000
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 185.13

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • Fencing: Security
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 2708.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Water
  • Association Fee: 163.00
  • Association Fee Frequency: Monthly
  • Association Name: Castle Rock Villas Association
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Lawn, Landscaped, Level with Street, Lot 10000-19999 Sqft, Paved, Sprinkler System, Walkstreet, Yard
  • Lot Size Sq Ft: 12233.00
  • Price Per Lot Square Foot: 54.36

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 898
  • Average2 Bed Area: 898
  • Average3 Bed Area: 898
  • Electric Expense: 514.00
  • Gross Scheduled Income: 48840.00
  • Insurance Expense: 1424.00
  • Net Operating Income: 41606.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Range: 4
  • Operating Expense: 7234.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2234.00
  • Tax Area: 11008
  • Tax Lot: 36
  • Tax Tract Number: 4757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Apr 21, 2016
Sold by
Salazar Michael J and Salazar Zachary
Bought by
Shay Family Trust
Seller's Agent
Tracey Sanchez
Berkshire Hathaway HomeService
Buyer's Agent
Herbert Hwang
ILLUMINANT PROPERTIES
List Price
$639,000
Sold Price
$665,000
Premium/Discount to List
$26,000
4.07%
Current Estimated Value
$1,198,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,177
Avg. Annual Appreciation
6.44%

Purchase Details

Listed on
Mar 28, 2016
Closed on
Mar 23, 2016
Sold by
Salazar Steve A and Graciela S Kinkade Living Trus
Bought by
Salazar Michael J and Salazar Zachary
Seller's Agent
Tracey Sanchez
Berkshire Hathaway HomeService
Buyer's Agent
Herbert Hwang
ILLUMINANT PROPERTIES
List Price
$639,000
Sold Price
$665,000
Premium/Discount to List
$26,000
4.07%

Purchase Details

Closed on
Mar 11, 2010
Sold by
Kinkade Gracelia S
Bought by
Kinkade Gracelia S and Gracelia S Kinkade Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,775
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 1998
Sold by
Kinkade Gracelia S and Kin Kade Gracelia
Bought by
Kinkade Gracelia S and The Gracelia S Kinkade Living

Purchase Details

Closed on
Nov 18, 1996
Sold by
Liberty Svgs Bank Fsb
Bought by
Kade Gracelia Kin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.5%

Purchase Details

Closed on
Jul 10, 1996
Sold by
Ortiz Armando and Ortiz Aurora
Bought by
Liberty Svgs Bank Fsb

Purchase Details

Closed on
Apr 9, 1996
Sold by
Ortiz Armando and Ortiz Aurora
Bought by
New Haven Corp
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
Shay Family Trust $665,000 Lawyers Title
Salazar Michael J -- Accommodation
Kinkade Gracelia S -- None Available
Kinkade Gracelia S -- None Available
Kinkade Gracelia S -- --
Kade Gracelia Kin $150,000 Old Republic Title Company
Liberty Svgs Bank Fsb $183,015 Continental Lawyers Title Co
New Haven Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kinkade Gracelia S $140,775
Previous Owner Kade Gracelia Kin $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $665,000 +4.1% $185 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $639,000 -- $178 / 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 $8,460 $787,226 $272,274 $514,952
2024 $8,460 $771,790 $266,935 $504,855
2023 $8,222 $756,657 $261,701 $494,956
2022 $8,114 $741,821 $256,570 $485,251
2021 $8,064 $727,275 $251,539 $475,736
2020 $7,922 $719,818 $248,960 $470,858
2019 $7,854 $705,703 $244,078 $461,625
2018 $7,746 $691,866 $239,292 $452,574
2017 $7,468 $678,300 $234,600 $443,700
2016 $2,249 $206,374 $50,908 $155,466
2015 $2,234 $203,274 $50,143 $153,131
2014 $2,164 $199,292 $49,161 $150,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16063849

California Regional Multiple Listing Service (CRMLS)

APN: 1009-101-17