NOT LISTED FOR SALE

Estimated Value: $740,000 - $971,000

5 Beds
3 Baths
1,986 Sq Ft
$418/Sq Ft Est. Value

Last Sold April 23, 2019

Last sale price $585,000 $295 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,208/month

88 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Corner Lot
  • Contemporary Architecture
  • Wood Flooring
  • Private Yard

About This Home

As of April 2019

Pictures cannot fully describe this tranquil oasis within the city. This charming fenced-in corner lot is a rent-generating dream. This gem has two separate properties on one lot. Live in this beautifully remodeled rear unit, complete with an open floorplan, wood floors, and a kitchen to die for. The rear unit has three bedrooms and an updated bathroom with a secluded rear yard, perfect for entertaining guests. The front unit is ideal for a tenant or extended family. Current rent estimate for the front unit is $1600-1850/month, back $2400-2650/month (buyer to confirm). The front unit is complete with two bedrooms and one bath, and is currently occupied by a tenant. DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Anthony Soffa

T.N.G. Real Estate Consultants License #02050664 Listed on: 12/17/2018

Last Buyer's Agent

Hector Najera

J.R.A. & Associates Realty License #01867380

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,298

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 6,651 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Fence is in good condition
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Contemporary Architecture
  • Traditional Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,986 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Awning
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Plantation Shutters
  • Blinds
  • Sliding Doors
  • Insulated Doors
  • Family Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Two Homes on a Lot
  • Property is near public transit
  • Central Heating

Listing and Financial Details

  • Tax Lot 109
  • Tax Tract Number 6048
  • Assessor Parcel Number 6048026002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,500
  • Fuel Expense $1,200
  • Insurance Expense $1,200
  • Trash Expense $750
  • Water Sewer Expense $1,100
  • New Taxes Expense $5,500
  • Operating Expense $11,250
  • Gross Income $51,000
  • Net Operating Income $39,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,298

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 7.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1100.00
  • Zoning: LAR2
  • Architectural Style: Contemporary, Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6048026002
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Door Features: Insulated Doors, Sliding Doors
  • Levels: One
  • Price Per Square Foot: 294.56
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Main Floor Bedroom
  • Window Features: Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Plantation Shutters

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Awning(s), Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Good Condition, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 750.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Near Public Transit, Sprinkler System, Yard
  • Lot Size Sq Ft: 6651.00
  • Lot Size Acres: 0.1527

Multi Family

  • Electric Expense: 1500.00
  • Fuel Expense: 1200.00
  • Gross Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Gross Spendable Income: 39750.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6651.0000 Square Feet
  • Net Operating Income: 39750.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11250.00
  • Rent Control: No
  • Total Expenses: 11250.00

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Census Tract: 2422.00
  • Tax Lot: 109
  • Tax Tract Number: 6048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2018
Closed on
Mar 18, 2019
Sold by
Thompson Helen
Bought by
Castillo Nancy
Seller's Agent
Anthony Soffa
T.N.G. Real Estate Consultants
Buyer's Agent
Hector Najera
J.R.A. & Associates Realty
List Price
$619,000
Sold Price
$585,000
Premium/Discount to List
-$34,000
-5.49%
Current Estimated Value
$830,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,396
Avg. Annual Appreciation
4.77%
Original Mortgage
$574,404
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2007
Sold by
Thompson Helen and Taylor Maggie Lee
Bought by
Taylor Maggie Lee and Thompson Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
The Maggie Lee Living Trust
Bought by
Thompson Helen and Taylor Maggie Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2004
Sold by
Taylor Maggie Lee and Thompson Helen S
Bought by
The Maggie Lee Taylor Living Trust

Purchase Details

Closed on
Nov 8, 2004
Sold by
Thompson Helen S
Bought by
Thompson Helen S

Purchase Details

Closed on
Jun 25, 2004
Sold by
The Maggie Lee Taylor Living Trust
Bought by
Taylor Maggie Lee and Thompson Helen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2004
Sold by
Taylor Maggie Lee
Bought by
Taylor Maggie Lee and Thompson Helen S

Purchase Details

Closed on
Aug 2, 2002
Sold by
Taylor Maggie Lee
Bought by
Taylor Maggie Lee and The Maggie Lee Taylor Living T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.51%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 1994
Sold by
Thomas Fred
Bought by
Taylor Maggie Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
8.3%
Source: Public Records

Range of Values:

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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
Castillo Nancy $585,000 Lawyers Title
Taylor Maggie Lee -- North American Title Co
Thompson Helen -- North American Title Co
The Maggie Lee Taylor Living Trust -- --
Thompson Helen S -- Fidelity National Title Comp
Taylor Maggie Lee -- Fidelity National Title Comp
Taylor Maggie Lee -- --
Taylor Maggie Lee -- --
Taylor Maggie Lee -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Nancy $574,500
Closed Castillo Nancy $574,304
Closed Castillo Nancy $574,404
Previous Owner Thompson Helen $100,000
Previous Owner Taylor Maggie Lee $66,487
Previous Owner Taylor Maggie Lee $400,000
Previous Owner Thompson Helen $360,000
Previous Owner Taylor Maggie Lee $299,600
Previous Owner Taylor Maggie Lee $234,000
Previous Owner Taylor Maggie Lee $53,000
Previous Owner Taylor Maggie Lee $140,000
Previous Owner Taylor Maggie Lee $100,100
Previous Owner Taylor Maggie Lee $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2019 04/23/19 Sold $585,000 -2.5% $295 / Sq Ft
02/25/2019 02/25/19 Price Changed $599,999 -1.5% $302 / Sq Ft
02/01/2019 02/01/19 Price Changed $609,000 -1.6% $307 / Sq Ft
12/17/2018 12/17/18 For Sale $619,000 -- $312 / 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 $8,298 $652,574 $429,473 $223,101
2024 $8,298 $639,779 $421,052 $218,727
2023 $8,142 $627,236 $412,797 $214,439
2022 $7,776 $614,938 $404,703 $210,235
2021 $7,675 $602,881 $396,768 $206,113
2020 $7,748 $596,700 $392,700 $204,000
2019 $5,480 $126,818 $97,566 $29,252
2018 $3,782 $124,332 $95,653 $28,679
2016 $3,673 $119,506 $91,940 $27,566
2015 $1,837 $117,711 $90,559 $27,152
2014 $1,851 $115,407 $88,786 $26,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18292943

California Regional Multiple Listing Service (CRMLS)

APN: 6048-026-002