NOT LISTED FOR SALE

1090 Grand Ave Colton, CA 92324

Colton Area
6 Beds
3 Baths
1,888 Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: August 13, 2014

Last sale price $270,000 $143 Per Sq Ft

120 Days on Market

Highlights

  • No HOA
  • Carpet
  • No Heating

About This Home

As of August 2014

This Colton triplex is located near major freeways and shopping. Each unit has 2 bedrooms and one bathroom. There are two separate driveways, each with a 2 car detached garage for additional parking. Back unit is fenced off. This is a standard sale.

Last Agent to Sell the Property

Tricia Cerda

RE/MAX Empire Properties License #01098061 Listed on: 04/29/2014

RE/MAX Empire Properties

Co-Listed By

Ron Murray

RE/MAX Empire Properties License #01040398

Last Buyer's Agent

Tricia Cerda

RE/MAX Empire Properties License #01098061 Listed on: 04/29/2014

RE/MAX Empire Properties
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1910

Lot Details

  • 13,570 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,888 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 0274141630000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Furniture Replacement Expense $500
  • Gardener Expense $1,000
  • Insurance Expense $600
  • Professional Management Expense $1,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,000
  • New Taxes Expense $3,200
  • Operating Expense $8,300
  • Gross Income $2,598
  • Net Operating Income $22,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,100

Year Built

Built in 1910

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 7.75
  • Professional Management Expense: 1000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1000.00
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 0274141630000
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 143.01

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Laundry: No
  • Trash Expense: 1000.00
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13570.00
  • Lot Size Acres: 0.3120

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 629
  • Average2 Bed Area: 629
  • Average3 Bed Area: 629
  • Furniture Replacement Expense: 500.00
  • Gross Income: 2598.00
  • Gross Multiplier: 9.46
  • Gross Operating Income: 31176.00
  • Gross Scheduled Income: 31176.00
  • Insurance Expense: 600.00
  • Lot Size Area: 13570.0000 Square Feet
  • Net Operating Income: 22876.00
  • 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: 8300.00
  • Rent Control: No
  • Total Actual Rent: 2598.00
  • Total Expenses: 8300.00

Tax Info

  • New Taxes Expense: 3200.00
  • Tax Annual Amount: 3100.00
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Aug 7, 2014
Sold by
Bought by
Seller's Agent
Tricia Cerda
RE/MAX Empire Properties
Buyer's Agent
Tricia Cerda
RE/MAX Empire Properties
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$88,787
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 2, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 17, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Colton, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$270,000 Provident Title Company
-- Accommodation
$135,000 Chicago Title Company
$120,000 Accommodation
$480,000 Lawyers Title
$400,000 Lawyers Title Co
-- Fidelity National Title Co
-- Stewart Title Co
$13,000 Central Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $120,000
Previous Owner $384,000
Previous Owner $360,000
Previous Owner $50,000
Previous Owner $96,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/13/2014 08/13/14 Sold $270,000 -8.5% $143 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $295,000 0.0% $156 / Sq Ft
09/16/2012 09/16/12 Rented $895 +5.3% --
09/06/2012 09/06/12 Under Contract -- -- --
09/04/2012 09/04/12 For Rent $850 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,227 $330,993 $78,458 $252,535
2025 $4,227 $324,503 $76,920 $247,583
2024 $4,036 $318,140 $75,412 $242,728
2023 $4,041 $311,902 $73,933 $237,969
2022 $3,981 $305,786 $72,483 $233,303
2021 $4,055 $299,790 $71,062 $228,728
2020 $4,067 $296,716 $70,333 $226,383
2019 $3,961 $290,898 $68,954 $221,944
2018 $3,742 $285,194 $67,602 $217,592
2017 $3,611 $279,601 $66,276 $213,325
2016 $3,702 $274,118 $64,976 $209,142
2015 $3,584 $270,000 $64,000 $206,000
2014 $1,839 $141,092 $41,805 $99,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR14014429

California Regional Multiple Listing Service (CRMLS)

APN: 0274-141-63

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