NOT LISTED FOR SALE

111 E 3rd St Rialto, CA 92376

Estimated Value: $882,000 - $1,037,152

8 Beds
4 Baths
3,322 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $410,000 $123 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $5,748/month

148 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Tile Flooring
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Level Lot

About This Home

As of August 2013

Great investment opportunity for large property located in quiet area of Rialto. This property features 4 units along with 4 detached garages and a separate, attached laundry facility. Each unit features 2 bedrooms and 1 bathroom. Fresh interior paint throughout all the units go well with the new carpet. Granite countertops have been installed in each kitchen along with ceiling fans in each bedroom. New tile floors in the kitchens and bathrooms along with newly painted cabinetry. These units are move-in ready for your tenants. Close to shopping and freeways!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 06/26/2013

Last Buyer's Agent

Jenny Smith

Cal American Homes License #01830635

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,935

Year Built

  • Built in 1983

Lot Details

  • 7,000 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,322 Sq Ft Home
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0130101130000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $3,800
  • Net Operating Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,935

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: Office
  • Other Phone Number: 866-640-3040
  • Property Attached: Yes
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0130101130000
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Levels: Two
  • Price Per Square Foot: 123.42
  • Room Type: Living Room

Exterior Features

  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1610

Multi Family

  • Gross Income: 3800.00
  • Gross Scheduled Income: 45600.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 45600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Aug 20, 2013
Sold by
West Ridge Rentals Llc
Bought by
Gonzales Yoodiy
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Jenny Smith
Cal American Homes
List Price
$379,900
Sold Price
$410,000
Premium/Discount to List
$30,100
7.92%
Current Estimated Value
$966,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,038
Avg. Annual Appreciation
7.39%
Original Mortgage
$307,500
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2013
Sold by
Griffin Charonda and Griffin Steven
Bought by
West Ridge Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.29%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2007
Sold by
Griffin Charonda and Porter Charonda
Bought by
Griffin Steven and Griffin Charonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2006
Sold by
Griffin Steve Wayne
Bought by
Porter Charonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2005
Sold by
Porter Charonda
Bought by
Griffin Steve Wayne and Porter Charonda

Purchase Details

Closed on
Jan 26, 2001
Sold by
Deckel Ami Emile Elbaz and Deckel Phoebe
Bought by
Porter Charonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,120
Interest Rate
7.12%
Mortgage Type
FHA
Source: Public Records

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
Gonzales Yoodiy $410,000 Fidelity National Title
West Ridge Rentals Llc $312,500 Fidelity National Title
Griffin Steven -- Fidelity National Title Co
Porter Charonda -- Commonwealth Title
Griffin Steve Wayne -- --
Porter Charonda $180,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Yoodiy $311,500
Closed Gonzales Yoodiy $307,500
Previous Owner West Ridge Rentals Llc $0
Previous Owner Griffin Steven $476,000
Previous Owner Porter Charonda $350,000
Previous Owner Porter Charonda $176,586
Previous Owner Porter Charonda $177,120
Previous Owner Porter Charonda $177,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2013 08/27/13 Sold $410,000 +7.9% $123 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $379,900 -- $114 / 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 $5,935 $490,349 $85,813 $404,536
2024 $5,935 $480,734 $84,130 $396,604
2023 $6,329 $471,307 $82,480 $388,827
2022 $5,878 $462,066 $80,863 $381,203
2021 $5,840 $453,005 $79,277 $373,728
2020 $5,879 $448,360 $78,464 $369,896
2019 $5,746 $439,568 $76,925 $362,643
2018 $5,578 $430,949 $75,417 $355,532
2017 $5,536 $422,499 $73,938 $348,561
2016 $5,475 $414,214 $72,488 $341,726
2015 $5,498 $407,992 $71,399 $336,593
2014 $5,173 $400,000 $70,000 $330,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13026536

California Regional Multiple Listing Service (CRMLS)

APN: 0130-101-13