NOT LISTED FOR SALE

Estimated Value: $391,000 - $478,101

6 Beds
3 Baths
2,042 Sq Ft
$210/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $310,000 $152 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,388/month

7 Days on Market

Highlights

  • Ranch Style House
  • Tile Flooring
  • 2-minute walk to Allan Witt Park
  • Fenced Yard

About This Home

As of January 2016

Money Maker Duplex. Three Bedrooms/One Bathroom in each unit. Large Yards. Remodeled in 2012. Granite Kitchen Counters. Gas Range/Ovens, Microwaves, Dishwashers, Refrigerators. 5.75% to 6% Cap Rate.

Last Agent to Sell the Property

Nathan Fitzgerald

FITZgerald Real Estate & Inves License #00981989 Listed on: 12/02/2015

Last Buyer's Agent

Olivia Lum

Golden Bay Real Estate & Inves License #01797497

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 8,400 Sq Ft Lot
  • Fenced Yard
  • Sprinkler System

Home Design

  • 2,042 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Slab Foundation
  • Composition Roof

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Individual Gas Meter
  • Separate Water Meter
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $28,800

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, sewer, water
  • Assessor Parcel Number 0031-124-190

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: West Texas Street to 5th Street right on Indiana Street.
  • Lot Size Acres: 0.1928
  • CapRate: 5.75
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Ranch
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Free Standing Refrigerator, Microwave, OVFR
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 151.81
  • Square Footage: 2042
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Lot Features: Auto Sprinkler F&R, Shape Regular
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard, Yard Space

Garage/Parking

  • Parking Features: CAR3, Street, Uncovered

Utilities

  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, PGEE
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas, Water

Lot Info

  • Assessor Parcel Number: 0031-124-190
  • Lot Size Sq Ft: 8400

Rental Info

  • TenantPays: Cable TV, Electricity, Gas, Trash Collection, Sewer, Water

Building Info

  • Year Built: 1951

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Jan 12, 2016
Sold by
Konstantinopoulos George and Konstantinopoulos Carrie Michele
Bought by
Huang Dennis X and Li Qiu Y
Seller's Agent
Nathan Fitzgerald
FITZgerald Real Estate & Inves
Buyer's Agent
Olivia Lum
Golden Bay Real Estate & Inves
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$428,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,025
Avg. Annual Appreciation
3.28%
Original Mortgage
$200,000
Outstanding Balance
$158,751
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$269,274

Purchase Details

Closed on
Jul 17, 2015
Sold by
Konstantinopoulos George and Rosenthal Jeff
Bought by
Konstantinopoulos George and Konstantinopoulos Carrie Michele

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
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Konstantinopoulos George and Rosenthal Jeff

Purchase Details

Closed on
Jul 19, 2011
Sold by
Kratsas John and Kavouniaris Peter
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 20, 2004
Sold by
Delore Molly and Salyer Philip R
Bought by
Kratsas John and Kavouniaris Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.86%
Mortgage Type
Balloon

Purchase Details

Closed on
May 22, 2003
Sold by
Salyer Philip R
Bought by
Salyer Philip R and Philip R Salyer 2003 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huang Dennis X $310,000 Fidelity National Title Co
Konstantinopoulos George -- Orange Coast Title Company
Konstantinopoulos George $126,000 Chicago Title Company
Deutsche Bank National Trust Company $116,320 Servicelink
Kratsas John $325,000 Placer Title Co
Salyer Philip R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Dennis X $200,000
Previous Owner Konstantinopoulos George $120,000
Previous Owner Kratsas John $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $310,000 0.0% $152 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
12/02/2015 12/02/15 For Sale $310,000 -- $152 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $2,069 $183,480 $47,348 $136,132
2024 $2,069 $179,883 $46,420 $133,463
2023 $2,006 $176,357 $45,510 $130,847
2022 $1,982 $172,900 $44,618 $128,282
2021 $1,963 $169,511 $43,744 $125,767
2020 $1,917 $167,774 $43,296 $124,478
2019 $1,871 $164,486 $42,448 $122,038
2018 $1,930 $161,262 $41,616 $119,646
2017 $1,842 $158,100 $40,800 $117,300
2016 $797 $66,844 $21,220 $45,624
2015 $745 $65,841 $20,902 $44,939
2014 $739 $64,552 $20,493 $44,059
Source: Public Records

Agents Affiliated with this Home

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21528205

Bay Area Real Estate Information Services (BAREIS)

APN: 0031-124-190