$100,000
SOLD FEB 1, 2012

1075 Lugo Ln Colton, CA 92324

4 Beds
2.5 Baths
1,441 Sq Ft
3,395 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

17% Below List Price

9 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of May 2012

Great home bring your tools and paint brush needs some repairs. Spacious floorplan.

Last Agent to Sell the Property

Alberto Silva

Cornerstone Realty Group License #01302712 Listed on: 10/26/2011

Cornerstone Realty Group

Last Buyer's Agent

Alberto Silva

Cornerstone Realty Group License #01302712 Listed on: 10/26/2011

Cornerstone Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,533

Year Built

  • Built in 1986

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,441 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • 3,395 Sq Ft Lot
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 12891
  • Assessor Parcel Number 0250321160000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,533

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0250321160000
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1441.00
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 69.40
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 3395.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3395.0000 Square Feet

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 12891

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Apr 10, 2012
Sold by
C & L Financial Group Llc
Bought by
Melendez Moises and Perez Maria Del Carmen
Seller's Agent
Christian Fuentes
RE/MAX TOP PRODUCERS
Buyer's Agent
JANET CISNEROS
REALTY ONE GROUP EMPIRE
List Price
$164,900
Sold Price
$172,000
Premium/Discount to List
$7,100
4.31%
Current Estimated Value
$541,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,316
Avg. Annual Appreciation
9.06%
Original Mortgage
$167,639
Outstanding Balance
$118,442
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$427,488

Purchase Details

Listed on
Oct 26, 2011
Closed on
Jan 4, 2012
Sold by
Pamanes Gilberto
Bought by
C & L Financial Group Llc
Seller's Agent
Alberto Silva
Cornerstone Realty Group
Buyer's Agent
Alberto Silva
Cornerstone Realty Group
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
475.13%
Original Mortgage
$98,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2005
Sold by
Grey William B
Bought by
Pamanes Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 16, 2005
Sold by
Pamanes Adriana
Bought by
Pamanes Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 29, 2004
Sold by
Grey William B and Grey Deborah J
Bought by
Grey William B

Purchase Details

Closed on
Nov 16, 1998
Sold by
Grey William B and Grey Deborah J
Bought by
Grey William B and Grey Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $172,000 Fidelity Natonal Title Co
Grant Deed $100,000 Fidelity Title
Grant Deed $330,000 Investors Title Co San Bern
Interfamily Deed Transfer -- Investors Title Co San Bern
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $167,639 FHA
Previous Owner $98,000 Purchase Money Mortgage
Previous Owner $264,000 Negative Amortization
Previous Owner $16,500 Credit Line Revolving
Previous Owner $248,000 Unknown
Previous Owner $78,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2012 05/24/12 Sold $172,000 0.0% $119 / Sq Ft
03/20/2012 03/20/12 Off Market $172,000 -- --
03/19/2012 03/19/12 For Sale $164,900 +64.9% $114 / Sq Ft
02/01/2012 02/01/12 Sold $100,000 -16.7% $69 / Sq Ft
11/04/2011 11/04/11 Pending -- -- --
10/26/2011 10/26/11 For Sale $120,000 -- $83 / 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 $4,533 $216,039 $56,521 $159,518
2024 $4,533 $211,803 $55,413 $156,390
2023 $4,706 $207,650 $54,326 $153,324
2022 $4,508 $203,579 $53,261 $150,318
2021 $2,557 $199,588 $52,217 $147,371
2020 $2,574 $197,542 $51,682 $145,860
2019 $2,515 $193,669 $50,669 $143,000
2018 $2,442 $189,871 $49,675 $140,196
2017 $2,423 $186,148 $48,701 $137,447
2016 $2,396 $182,498 $47,746 $134,752
2015 $2,406 $179,757 $47,029 $132,728
2014 $2,263 $176,236 $46,108 $130,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I11140931

California Regional Multiple Listing Service (CRMLS)

APN: 0250-321-16