NOT LISTED FOR SALE

Estimated Value: $484,000 - $756,000

5 Beds
2 Baths
1,948 Sq Ft
$307/Sq Ft Est. Value

Last Sold February 03, 2015

Last sale price $210,000 $108 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $3,603/month

87 Days on Market

About This Home

As of February 2015

Built in 1973, very convenient located, close to freeways, shopping centers, restaurants and more. Unit "A" (front unit has 884 sqft) features 2 bedrooms, 1 bath and 2-car attached garage (460 sqft), unit "B" (rear unit has 1064 sqft) features 3 bedrooms, 1.75 bath and 2-car attached garage (460 sqft), laundry area in both garage. The estimated scheduled Gross Monthly income is approximately $2,000. This property has great potential to be a great investment.

Last Listed By

Dan Tovar

LEGACY HOMES REAL ESTATE License #01349752 Listed on: 12/28/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,202

Year Built

  • Built in 1973

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,948 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, trash collection, water
  • Tax Lot 16
  • Tax Tract Number 4523
  • Assessor Parcel Number 479121007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $150
  • Insurance Expense $175
  • Trash Expense $48
  • Water Sewer Expense $60
  • New Taxes Expense $1,352
  • Gross Income $900
  • Net Operating Income $750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,202

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 60.00
  • Property Type: Residential Income
  • Parcel Number: 479121007
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 107.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Water Available
  • Heating: Yes
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Trash Expense: 48.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Trash Collection, Water

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 900.00
  • Gross Scheduled Income: 900.00
  • Insurance Expense: 175.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 750.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 150.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1352.00
  • Tax Lot: 16
  • Tax Tract Number: 4523
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2012
Closed on
Apr 1, 2015
Sold by
Sicher Robert
Bought by
Arias Joaquin and Gomez Claudia Alejandra
Seller's Agent
Dan Tovar
LEGACY HOMES REAL ESTATE
Buyer's Agent
Dan Tovar
LEGACY HOMES REAL ESTATE
List Price
$185,300
Sold Price
$210,000
Premium/Discount to List
$24,700
13.33%
Total Days on Market
87
Current Estimated Value
$597,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,667
Avg. Annual Appreciation
11.15%

Purchase Details

Listed on
Dec 28, 2012
Closed on
Jan 21, 2015
Sold by
Sicher Cheryl
Bought by
Sicher Robert and Sicher Bob
Seller's Agent
Dan Tovar
LEGACY HOMES REAL ESTATE
Buyer's Agent
Dan Tovar
LEGACY HOMES REAL ESTATE
List Price
$185,300
Sold Price
$210,000
Premium/Discount to List
$24,700
13.33%

Purchase Details

Closed on
Apr 11, 2005
Sold by
Mathews Jeanetta A
Bought by
Mathews Mark A

Purchase Details

Closed on
Jan 31, 2003
Sold by
Magana Miguel and Magana Gilma V
Bought by
Mathews Mark A and Mathews Jeanetta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.79%
Mortgage Type
Commercial

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
Arias Joaquin $225,000 Fidelity National Title Co
Sicher Robert -- Fntic
Sicher Robert $210,000 Fidelity National Title
Mathews Mark A -- --
Mathews Mark A $165,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathews Mark A $184,000
Previous Owner Mathews Mark A $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2015 02/03/15 Sold $210,000 +13.3% $108 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $185,300 -- $95 / 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
2023 $3,202 $259,909 $69,306 $190,603
2022 $3,084 $254,814 $67,948 $186,866
2021 $2,941 $249,818 $66,616 $183,202
2020 $2,910 $247,257 $65,933 $181,324
2019 $2,862 $242,410 $64,641 $177,769
2018 $2,807 $237,658 $63,375 $174,283
2017 $2,745 $232,999 $62,133 $170,866
2016 $2,718 $228,431 $60,915 $167,516
2015 $2,861 $198,822 $42,170 $156,652
2014 $1,692 $145,000 $31,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV12154713

California Regional Multiple Listing Service (CRMLS)

APN: 479-121-007