NOT LISTED FOR SALE

1040 S Alice Ave Rialto, CA 92376

Estimated Value: $539,000 - $612,559

6 Beds
3 Baths
2,278 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $370,000 $162 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,444/month

21 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Tile Flooring
  • Samuel W. Simpson Elementary School Rated 9+
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of September 2015

Beautiful and spacious home with Guest House located in Rialto. It features a formal living room with fireplace, dining room, family room, breakfast area, 4 spacious bedrooms and 2 full bathrooms. Home is beautifully upgraded throughout and has an open floor plan. Kitchen has lovely granite counters and backsplash and cherry wood cabinets. Beautiful front yard with nice landscaping, large palm trees and great walkway. Large yard with covered patio and built in bbq for your summer parties! Property also has a spacious guest house with 2 bedrooms and 1 bathroom. Great income potential! Attached 2 car garage and long driveway for RV or boat. Storage shed in the back yard for additional storage. Close to shopping, freeways and schools. True pride of ownership, this is a MUST see home. Schedule your showing today!!

Last Agent to Sell the Property

Marisol Navar

Redfin Corporation License #01235054 Listed on: 07/22/2015

Redfin Corporation

Last Buyer's Agent

Juan Leyva

JV REALTY CONSULTING GROUP License #01122260

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,156

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Cul-De-Sac
  • Back Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,278 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 10096
  • Assessor Parcel Number 0132371190000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $720
  • Fuel Expense $700
  • Insurance Expense $650
  • Trash Expense $480
  • New Taxes Expense $4,500
  • Operating Expense $7,050
  • Gross Income $1,000
  • Net Operating Income $11,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,156

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 0132371190000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 162.42
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11200.00
  • Price Per Lot Square Foot: 33.04
  • Lot Size Acres: 0.2570

Multi Family

  • Electric Expense: 720.00
  • Fuel Expense: 700.00
  • Gross Income: 1000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 650.00
  • Lot Size Area: 11200.0000 Square Feet
  • Net Operating Income: 11040.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 960.00
  • Other Income Description: Guest House
  • Rent Control: No
  • Total Expenses: 7050.00

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Lot: 12
  • Tax Tract Number: 10096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2018
Sold by
Zepeda Escobar Ignacio and Zepeda Escobar Rosa
Bought by
Escobar Ignacio and Escobar Rosa Z
Current Estimated Value
$570,140

Purchase Details

Listed on
Jul 22, 2015
Closed on
Sep 17, 2015
Sold by
Amador Guadalupe and Amador Francisca
Bought by
Zepeda Escobar Ignacio and Zepeda Escobar Rosa
Seller's Agent
Marisol Navar
Redfin Corporation
Buyer's Agent
Juan Leyva
JV REALTY CONSULTING GROUP
List Price
$360,000
Sold Price
$370,000
Premium/Discount to List
$10,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$199,800
Outstanding Balance
$156,661
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$413,479

Purchase Details

Closed on
Dec 5, 2002
Sold by
Amador Roberto
Bought by
Amador Guadalupe and Amador Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,002
Interest Rate
6.06%
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
Escobar Ignacio -- None Available
Zepeda Escobar Ignacio $370,000 Title 365
Amador Guadalupe -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zepeda Escobar Ignacio $199,800
Previous Owner Amador Guadalupe $110,002
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2015 09/18/15 Sold $370,000 0.0% $162 / Sq Ft
09/18/2015 09/18/15 Sold $370,000 +2.8% $162 / Sq Ft View Prior Sale
07/27/2015 07/27/15 Pending -- -- --
07/20/2015 07/20/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $360,000 0.0% $158 / Sq Ft
07/06/2015 07/06/15 For Sale $360,000 -- $158 / 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 $5,156 $438,005 $109,501 $328,504
2024 $5,156 $429,417 $107,354 $322,063
2023 $5,500 $420,997 $105,249 $315,748
2022 $5,102 $412,742 $103,185 $309,557
2021 $5,067 $404,649 $101,162 $303,487
2020 $5,101 $400,500 $100,125 $300,375
2019 $4,981 $392,647 $98,162 $294,485
2018 $4,922 $384,948 $96,237 $288,711
2017 $4,884 $377,400 $94,350 $283,050
2016 $4,829 $370,000 $92,500 $277,500
2015 $1,694 $132,713 $33,180 $99,533
2014 $1,592 $130,113 $32,530 $97,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15147100

California Regional Multiple Listing Service (CRMLS)

APN: 0132-371-19