NOT LISTED FOR SALE

Estimated Value: $1,024,000 - $1,383,000

8 Beds
4 Baths
3,908 Sq Ft
$303/Sq Ft Est. Value

Last Sold September 26, 2013

Last sale price $570,000 $146 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,980/month

83 Days on Market

Highlights

  • No HOA
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Laundry Room

About This Home

As of September 2013

WOW... PRICE REDUCTION!!!!!..... $157,500 REDUCTION FROM THE ORIGINAL PRICE; SELLER IS MOTIVATED. 2 BEDROMS 1 BATH EACH UNIT. ONE LEVEL. NICE REHAVED INVESTMENT PROPERTY. EVERY UNIT IS RENTED. EXCELLENT RENT INCOME. CLOSE TO SCHOOLS, SHOPPINGS, FWYS 71, 10, 60. ALL OFFERS WILL BE PRESENTED TO THE SELLER ON FRIDAY 08/30/13. PLEASE SEE REMARKS FOR MORE INFORMATIO, OR CALL ME.

Last Agent to Sell the Property

Mirna Siguenza

Keller Williams Empire Estates License #01705812 Listed on: 06/18/2013

Keller Williams Empire Estates

Last Buyer's Agent

Mirna Siguenza

Keller Williams Empire Estates License #01705812 Listed on: 06/18/2013

Keller Williams Empire Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,285

Year Built

  • Built in 1962

Lot Details

  • 10,302 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,908 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for grounds care, insurance, trash collection, taxes, water
  • Tax Lot 3
  • Tax Tract Number 18984
  • Assessor Parcel Number 8342021036

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $840
  • Insurance Expense $1,200
  • Trash Expense $720
  • Water Sewer Expense $1,320
  • New Taxes Expense $3,555
  • Gross Income $4,000
  • Net Operating Income $40,365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,285

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1320.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 8342021036
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 145.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Common Area
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10302.00
  • Lot Size Acres: 0.2370

Rental Info

  • Tenant Pays: Grounds Care, Insurance, Trash Collection, Taxes, Water

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 10302.0000 Square Feet
  • Net Operating Income: 40365.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 7635.00
  • Rent Control: No
  • Total Actual Rent: 4000.00

Tax Info

  • New Taxes Expense: 3555.00
  • Tax Lot: 3
  • Tax Tract Number: 18984
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2013
Closed on
Sep 17, 2013
Sold by
Alvarenga Pedro R
Bought by
Sjk Re Llc
Seller's Agent
Mirna Siguenza
Keller Williams Empire Estates
Buyer's Agent
Mirna Siguenza
Keller Williams Empire Estates
List Price
$743,000
Sold Price
$570,000
Premium/Discount to List
-$173,000
-23.28%
Current Estimated Value
$1,183,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613,254
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Jun 14, 2012
Sold by
Garcia Miguel A
Bought by
Alvarenga Pedro R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2004
Sold by
Garcia Miguel A and Cervantes Doralicia
Bought by
Garcia Miguel A

Purchase Details

Closed on
Jun 30, 2003
Sold by
Garcia Miguel A
Bought by
Garcia Miguel A and Cervantes Doralicia

Purchase Details

Closed on
Mar 27, 2003
Sold by
Garcia Miguel and Cervantes Doralicia
Bought by
Garcia Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,350
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 23, 2001
Sold by
Hud
Bought by
Garcia Miguel and Cervantes Doralicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.26%

Purchase Details

Closed on
Aug 9, 2000
Sold by
Gmac Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Aug 8, 2000
Sold by
Vasquez Ricardo Marquez and Herrera Edgardo A
Bought by
Gmac Mtg Corp

Purchase Details

Closed on
Apr 23, 1999
Sold by
Aguilar Domitila
Bought by
Herrera Edgardo A

Purchase Details

Closed on
Feb 19, 1999
Sold by
Blackburn Maria
Bought by
Vasquez Ricardo Marquez and Herrera Edgardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,598
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 1998
Sold by
Bowler Charles E and Dinovo Gerald A
Bought by
Blackburn Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
6.88%
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
Sjk Re Llc $570,000 Lawyers Title
Alvarenga Pedro R $340,000 Fidelity National Title Co
Garcia Miguel A -- --
Garcia Miguel A -- --
Garcia Miguel A -- Landsafe Title Company
Garcia Miguel $195,000 Stewart Title
Hud -- --
Gmac Mtg Corp $228,840 Stewart Title
Herrera Edgardo A -- Old Republic Title Company
Vasquez Ricardo Marquez $211,000 Old Republic Title
Blackburn Maria $22,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarenga Pedro R $333,841
Previous Owner Garcia Miguel A $58,350
Previous Owner Garcia Miguel $185,250
Previous Owner Vasquez Ricardo Marquez $209,598
Previous Owner Blackburn Maria $132,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2013 09/26/13 Sold $570,000 -23.3% $146 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $743,000 +118.5% $190 / Sq Ft
08/14/2012 08/14/12 Sold $340,000 -12.6% $87 / Sq Ft View Prior Sale
04/21/2011 04/21/11 Pending -- -- --
08/01/2009 08/01/09 For Sale $389,000 -- $100 / 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 $9,285 $698,744 $245,180 $453,564
2024 $9,285 $685,044 $240,373 $444,671
2023 $9,106 $671,612 $235,660 $435,952
2022 $8,962 $658,444 $231,040 $427,404
2021 $8,748 $645,534 $226,510 $419,024
2019 $8,928 $626,390 $219,793 $406,597
2018 $8,195 $614,109 $215,484 $398,625
2016 $7,682 $590,264 $207,117 $383,147
2015 $7,619 $581,398 $204,006 $377,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR13116394

California Regional Multiple Listing Service (CRMLS)

APN: 8342-021-093