NOT LISTED FOR SALE

1072 N La Cadena Dr Colton, CA 92324

Estimated Value: $535,991 - $855,000

6 Beds
3 Baths
2,160 Sq Ft
$335/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $480,000 $222 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,355/month

3 Days on Market

Highlights

  • No HOA
  • 3 Car Garage
  • 1-Story Property
  • Laundry Room
  • Level Lot

About This Home

As of September 2020

Great investment opportunity in the City of Colton. 3 units 2 bed 1 bath each with their own garage. Separate electrical and gas. Close to the Fwy shopping and food. Rent them all out, or live in one and rent the other 2 potentially mortgage free.

Last Agent to Sell the Property

Patrick Panacci

KELLER WILLIAMS REALTY COLLEGE PARK License #01892274 Listed on: 08/19/2020

KELLER WILLIAMS REALTY COLLEGE PARK

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,187

Year Built

  • Built in 1959

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Available

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 6 / 12
  • Tax Tract Number 4
  • Assessor Parcel Number 0161191090000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $90
  • Operating Expense $90
  • Gross Income $2,835
  • Net Operating Income $2,835

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,187

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 9495545081
  • Property Attached: No
  • Water Sewer Expenses: 90.00
  • Property Type: Residential Income
  • Parcel Number: 0161191090000
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 222.22
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Average2 Bed Area: 720 Square Feet
  • Gross Income: 2835.00
  • Gross Scheduled Income: 2925.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 2835.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 90.00
  • Rent Control: No
  • Total Actual Rent: 2925.00
  • Total Expenses: 90.00

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 67.00
  • Tax Lot: 6
  • Tax Tract Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Golden Opportunity No 28 Lp
Bought by
Cobra 28 No 5 Lp
Current Estimated Value
$724,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,930,000
Outstanding Balance
$24,705,275
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
-$23,972,823

Purchase Details

Listed on
Aug 19, 2020
Closed on
Aug 27, 2020
Sold by
Brown Justin A and Brown Lail
Bought by
Golden Opportunity No 28 Lp
Seller's Agent
Patrick Panacci
KELLER WILLIAMS REALTY COLLEGE PARK
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$510,000
Sold Price
$480,000
Premium/Discount to List
-$30,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$480,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2020
Sold by
Brown Justin A and Brown Laila
Bought by
Brown Justin A and Brown Laila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2019
Closed on
Aug 1, 2019
Sold by
Garcia Jaime
Bought by
Brown Justin and Brown Laila
Seller's Agent
Ricardo Acevedo
Acevedo Real Estate Professionals
Buyer's Agent
FRANCISCO RAMIREZ
CENTURY 21 KING
List Price
$415,000
Sold Price
$450,000
Premium/Discount to List
$35,000
8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$337,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2006
Sold by
Okonkwo Theodora
Bought by
Garcia Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2004
Sold by
Aguirre Marcus H and Aguirre Rosemary
Bought by
Okonkwo Theodora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cobra 28 No 5 Lp -- Orange Coast Title
Golden Opportunity No 28 Lp $480,000 Orange Coast Title Co
Brown Justin A -- Wfg National Title Co Of Ca
Brown Justin $450,000 Ticor Title
Garcia Jaime $485,000 Old Republic Title Company
Okonkwo Theodora $359,000 New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobra 28 No 5 Lp $25,930,000
Previous Owner Golden Opportunity No 28 Lp $480,000
Previous Owner Brown Justin A $347,500
Previous Owner Brown Justin $337,500
Previous Owner Garcia Jaime $388,000
Previous Owner Okonkwo Theodora $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $480,000 -5.9% $222 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $510,000 +13.3% $236 / Sq Ft
08/29/2019 08/29/19 Sold $450,000 0.0% $208 / Sq Ft
07/27/2019 07/27/19 Price Changed $450,000 +8.4% $208 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $415,000 -- $192 / 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 $6,187 $519,568 $156,953 $362,615
2024 $6,187 $509,380 $153,875 $355,505
2023 $6,205 $499,392 $150,858 $348,534
2022 $6,117 $489,600 $147,900 $341,700
2021 $6,242 $480,000 $145,000 $335,000
2020 $5,941 $594,158 $183,759 $410,399
2019 $7,617 $582,508 $180,156 $402,352
2018 $7,494 $571,087 $176,624 $394,463
2017 $7,232 $559,889 $173,161 $386,728
2016 $7,414 $548,911 $169,766 $379,145
2015 $7,178 $540,666 $167,216 $373,450
2014 $6,929 $530,075 $163,940 $366,135
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20169906

California Regional Multiple Listing Service (CRMLS)

APN: 0161-191-09