NOT LISTED FOR SALE

1061 Springfield St Upland, CA 91786

Estimated Value: $1,334,000 - $1,536,000

8 Beds
7 Baths
4,028 Sq Ft
$355/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $1,219,500 $303 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,118/month

13 Days on Market

Highlights

  • Fireplace
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Pioneer Junior High School Rated A-

About This Home

As of November 2022

Great income property. Investment opportunitiy Very well maintained quadplex. All four share a common front are, with private backyards with the exception of unit D being upstairs having a private deck. Two - two car garages that provided one parking spot for each unit. Laundry room is a common are, and is coin operated. This beautiful units are conveniently located to shopping, schools, dinning, and between 210 and I10 freeway from Mountain Ave.

Last Listed By

SAMUEL MARTINEZ

SIERRA REALTY FONTANA INC License #01919330 Listed on: 10/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,398

Year Built

  • Built in 1965

Lot Details

  • 8,060 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,028 Sq Ft Home
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5
  • Tax Tract Number 7498
  • Assessor Parcel Number 1006472170000
  • $515 per year additional tax assessments

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $516
  • Fuel Expense $1,160
  • Insurance Expense $1,740
  • Trash Expense $1,224
  • Water Sewer Expense $4,524
  • Operating Expense $9,164
  • Gross Income $69,000
  • Net Operating Income $55,566

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,398

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 312500
  • Property Attached: Yes
  • Water Sewer Expenses: 4524.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1006472170000
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 302.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Trash Expense: 1224.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8060.00
  • Lot Size Acres: 0.1850

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 516.00
  • Fuel Expense: 1160.00
  • Gross Income: 69000.00
  • Gross Scheduled Income: 69000.00
  • Insurance Expense: 1740.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 4872.00
  • Lot Size Area: 8060.0000 Square Feet
  • Net Operating Income: 55566.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 13434.00
  • Rent Control: No
  • Total Expenses: 9164.00

Tax Info

  • Tax Census Tract: 8.18
  • Tax Lot: 5
  • Tax Tract Number: 7498
  • TaxOtherAnnualAssessmentAmount: 515.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 11, 2022
Sold by
Macfarlane John Nowland
Bought by
Macfarlane Family Trust
Seller's Agent
SAMUEL MARTINEZ
SIERRA REALTY FONTANA INC
Buyer's Agent
Herbert Hwang
ILLUMINANT PROPERTIES
List Price
$1,250,000
Sold Price
$1,219,500
Premium/Discount to List
-$30,500
-2.44%
Total Days on Market
13
Views
15
Current Estimated Value
$1,429,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,025
Original Mortgage
$800,000
Outstanding Balance
$780,451
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 2, 2022
Sold by
Mac Farlane Family Trust
Bought by
Upland Ocean Llc
Seller's Agent
SAMUEL MARTINEZ
SIERRA REALTY FONTANA INC
Buyer's Agent
Herbert Hwang
ILLUMINANT PROPERTIES
List Price
$1,250,000
Sold Price
$1,219,500
Premium/Discount to List
-$30,500
-2.44%
Views
15

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
Upland Ocean Llc $1,219,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Upland Ocean Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $1,219,500 -2.4% $303 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $1,250,000 -- $310 / 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
2024 $13,398 $1,243,890 $438,600 $805,290
2023 $13,201 $1,219,500 $430,000 $789,500
2022 $4,270 $382,364 $79,659 $302,705
2021 $4,264 $374,867 $78,097 $296,770
2020 $4,148 $371,023 $77,296 $293,727
2019 $4,135 $363,748 $75,780 $287,968
2018 $4,035 $356,616 $74,294 $282,322
2017 $3,919 $349,623 $72,837 $276,786
2016 $3,701 $342,768 $71,409 $271,359
2015 $3,617 $337,619 $70,336 $267,283
2014 $3,524 $331,005 $68,958 $262,047
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    SAMUEL MARTINEZ

    SIERRA REALTY FONTANA INC

    (909) 822-1197

    Section Image

  • H

    Buyer's Agent in 2022

    Herbert Hwang

    ILLUMINANT PROPERTIES

    (951) 264-3686

    1 in this area

    27 Total Sales

    Herbert Hwang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22222468

California Regional Multiple Listing Service (CRMLS)

APN: 1006-472-17

California San Bernardino County Upland 91786

1061 Springfield St, Upland, CA

Homes for Sale in Upland, CA

This home is located at 1061 Springfield St, Upland, CA 91786 since 18 October 2022 and is currently estimated at $1,429,525, approximately $354 per square foot. This property was built in 1965. 1061 Springfield St is a home located in San Bernardino County with nearby schools including Sycamore Elementary, Pioneer Junior High School, and Upland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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