NOT LISTED FOR SALE

1025 Springfield St Upland, CA 91786

Estimated Value: $1,174,000 - $1,574,000

8 Beds
5 Baths
4,028 Sq Ft
$336/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $628,000 $156 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $7,716/month

15 Days on Market

Highlights

  • Forced Air Heating System
  • 4 Car Garage
  • Level Lot
  • Pioneer Junior High School Rated A-

About This Home

As of September 2014

Beautiful well maintained 4 units Residential in the best location of Upland. Convenient location, Quiet and Safe neighborhood. Close to Shopping Center, Transportation, and Business. Each unit has garage with door and extra parking spaces. Excellent rental area. Rare Opportunity!

Last Agent to Sell the Property

Tin-Jon Syiau

RAC Development Inc. License #01913608 Listed on: 06/05/2014

Last Buyer's Agent

BAO LIU

Pinnacle Real Estate Group License #01841905

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 7,800 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 4,028 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 7498
  • Assessor Parcel Number 1006472130000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 1006472130000
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 155.91

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Level, Lot 6500-9999
  • Lot Size Sq Ft: 7800.00
  • Lot Size Acres: 0.1790

Multi Family

  • Lot Size Area: 7800.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 7498
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2016
Sold by
Tam Patrick Wai and Tam Brenda Chi Mei
Bought by
Tam Patrick Wai and Tam Brenda Chi Mei
Current Estimated Value
$1,352,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Outstanding Balance
$363,346
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$989,045

Purchase Details

Closed on
Feb 17, 2015
Sold by
Tam Patrick and Tam Chi Mei
Bought by
Tam Family Living Trust

Purchase Details

Listed on
Jun 5, 2014
Closed on
Sep 17, 2014
Sold by
Rac Development Inc
Bought by
Tam Patrick and Tam Chi Mei
Seller's Agent
Tin-Jon Syiau
RAC Development Inc.
Buyer's Agent
BAO LIU
Pinnacle Real Estate Group
List Price
$699,000
Sold Price
$628,000
Premium/Discount to List
-$71,000
-10.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$471,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2014
Sold by
Rac Development Inc
Bought by
Rac Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2014
Sold by
Us Bank National Association
Bought by
Rac Development Inc and Rac Development Inc Investment Trust Pro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2013
Sold by
Bote June A
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 1, 2006
Sold by
Bote June Arianne Marie
Bought by
Bote June Arianne Marie and Bote Samuel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 7, 2006
Sold by
Oh Jung Sook
Bought by
Bote June A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 4, 2004
Sold by
Oh Andrew Yi Hwan
Bought by
Oh Jung Sook

Purchase Details

Closed on
May 25, 2004
Sold by
Bonham Lyle F and Bonham Darlene D
Bought by
Oh Jung Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Tam Patrick Wai -- Provident Title Company
Tam Family Living Trust -- None Available
Tam Patrick $628,000 First American Title Company
Rac Development Inc -- First American Title Company
Rac Development Inc -- Ticor Title
Rac Development Inc $533,500 Ticor Title
Us Bank National Association $582,713 Landsafe Title
Bote June Arianne Marie -- Stewart Title
Bote June A $780,000 Stewart Title
Oh Jung Sook -- First American Title Co
Oh Jung Sook $610,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Patrick Wai $458,000
Closed Tam Patrick $471,000
Previous Owner Rac Development Inc $346,000
Previous Owner Bote June A $624,000
Previous Owner Oh Jung Sook $484,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $628,000 -10.2% $156 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $699,000 -- $174 / 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 $8,322 $754,761 $264,407 $490,354
2024 $8,058 $739,962 $259,223 $480,739
2023 $7,938 $725,453 $254,140 $471,313
2022 $7,767 $711,229 $249,157 $462,072
2021 $7,761 $697,284 $244,272 $453,012
2020 $7,550 $690,134 $241,767 $448,367
2019 $7,525 $676,601 $237,026 $439,575
2018 $7,340 $663,334 $232,378 $430,956
2017 $7,129 $650,328 $227,822 $422,506
2016 $6,872 $637,577 $223,355 $414,222
2015 $6,716 $628,000 $220,000 $408,000
2014 $6,059 $570,000 $199,000 $371,000
Source: Public Records

Agents Affiliated with this Home

  • Tin-Jon Syiau

    Seller's Agent in 2014

    Tin-Jon Syiau

    RAC Development Inc.

    (888) 584-9427

    13 Total Sales

    Tin-Jon Syiau
    Section Image
  • BAO LIU

    Buyer's Agent in 2014

    BAO LIU

    Pinnacle Real Estate Group

    (626) 347-8379

    24 Total Sales

    BAO LIU
    Section Image

  • A

    Buyer Co-Listing Agent in 2014

    Albert Siu

    IRN REALTY

    (626) 462-0280

    Albert Siu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14117566

California Regional Multiple Listing Service (CRMLS)

APN: 1006-472-13

California San Bernardino County Upland 91786

1025 Springfield St, Upland, CA

Not Listed for Sale

MultiFamily

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