NOT LISTED FOR SALE
6 Beds
4 Baths
2,300 Sq Ft
10,260 Sq Ft Lot

Sale Details

Date Sold: July 15, 2016

Last sale price $320,000 $139 Per Sq Ft

56 Days on Market

Highlights

  • Private Yard
  • Neighborhood Views
  • Carpet
  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2016

2 HOMES ON 1 LOT BUILT IN 1988 BOTH HOMES ARE 3 BEDROOMS 1+3/4 BATHS. CENTRAL AIR CONDITION AND FORCED AIR HEAT.
BOTH HOMES HAVE A 2 CAR GARAGE. THESE 2 HOUSES HAVE THEIR OWN ELECTRIC AND GAS METER.
GREAT INVESTMENT OPPORTUNITY OR LIVE IN ONE AND RENT THE OTHER OUT. CLOSE TO I-10 FREEWAY AND SCHOOLS AND SHOPPING.
BOTH HOMES ARE IN GOOD CONDITION. BOTH ARE CURRENTLY TENANT OCCUPIED,MAKE APPOINTMENT FOR PRIVATE SHOWING!!
DO NOT DISTURB TENANTS PLEASE! ESTABLISHED AREA MIXED IN WITH MOSTLY SINGLE FAMILY HOMES.

DARN NEAR 2 HOUSE'S FOR THE PRICE OF ONE!! BEST DEAL IN TOWN!!SERIOUS BUYERS GOOGLE PRICING FOR ONE HOUSE IN
THE CITY OF COLTON,RIALTO 1000-1200 SQUARE FEET TO VERIFY!! AVERAGE COST PER HOUSE IS $250K! REMARKS UPDATED ON 06/21/16

ASK ABOUT DISCOUNT FOR CASH BUYERS!!

Last Agent to Sell the Property

Steve Boyd

BOYD REALTORS License #00663903 Listed on: 06/09/2016

Last Buyer's Agent

Steve Boyd

BOYD REALTORS License #00663903 Listed on: 06/09/2016

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 10,260 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Neighborhood Views
  • Disposal
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 11252
  • Assessor Parcel Number 0274211380000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,937
  • Gross Income $2,500
  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

10,260 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 0274211380000
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 139.13
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Inside
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 10260.00
  • Price Per Lot Square Foot: 31.19

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 28200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Actual Rent: 2500.00

Tax Info

  • New Taxes Expense: 4937.00
  • Tax Lot: 1
  • Tax Tract Number: 11252

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

Closed on
Jul 19, 2017
Sold by
Popat Mahebub S and Popat Shamas
Bought by

Purchase Details

Listed on
Jun 9, 2016
Closed on
Jul 6, 2016
Sold by
Thompson Joy A
Bought by
Popat Mahebub S and Popat Shamas
Seller's Agent
Steve Boyd
BOYD REALTORS
Buyer's Agent
Steve Boyd
BOYD REALTORS
List Price
$395,000
Sold Price
$320,000
Premium/Discount to List
-$75,000
-18.99%

Purchase Details

Closed on
Sep 7, 2010
Sold by
Thompson Joy A and Thompson Donald E
Bought by
Thompson Joy A and The Joy A Thompson Living Trust

Purchase Details

Closed on
Mar 13, 2002
Sold by
Thompson Joy A and Thompson Donald E
Bought by
Thompson Donald E and Thompson Joy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1999
Sold by
Harvey Elvis Richard and Harvey Patricia A
Bought by
Thompson Joy A and Thompson Donald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
-- None Available
Popat Mahebub S $320,000 First American Title Company
Thompson Joy A -- None Available
Thompson Donald E -- Fidelity National Title Co
Thompson Joy A $125,000 Stewart Title
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
Previous Owner $140,000
Previous Owner Thompson Donald E $117,300
Previous Owner Thompson Joy A $112,500
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
07/15/2016 07/15/16 Sold $320,000 -19.0% $139 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $395,000 -- $172 / Sq Ft
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 $4,804 $378,817 $124,299 $254,518
2025 $4,804 $371,389 $121,862 $249,527
2024 $4,585 $364,107 $119,473 $244,634
2023 $4,592 $356,967 $117,130 $239,837
2022 $4,524 $349,967 $114,833 $235,134
2021 $4,609 $343,105 $112,581 $230,524
2020 $4,624 $339,587 $111,427 $228,160
2019 $4,503 $332,928 $109,242 $223,686
2018 $4,275 $326,400 $107,100 $219,300
2017 $4,125 $320,000 $105,000 $215,000
2016 $2,195 $162,292 $25,965 $136,327
2015 $2,126 $159,854 $25,575 $134,279
2014 $2,042 $156,723 $25,074 $131,649
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV16088662

California Regional Multiple Listing Service (CRMLS)

APN: 0274-211-38

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