NOT LISTED FOR SALE

Estimated Value: $996,000 - $1,165,000

10 Beds
7 Baths
4,006 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2012

Last sale price $359,000 $90 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $6,590 / mo

17 Days on Market

About This Home

As of December 2012

Fantastic Income Property with 4 large units. Great cash flow. Unit mix is 3-2, 3-1, 2-2, 2-2. Each has their own private one car garage. There is also an on-site laundry room for additional income. Hoa pays for landscaping maintenance and trash plus common area maintenance...Separate meters for Gas and Electricity. Redlands University, shopping and transportation services nearby. Please do not disturb tenants, drive by only.

Last Agent to Sell the Property

Adam Castaneda

Adam Castaneda, Broker License #01119316 Listed on: 11/14/2012

Last Buyer's Agent

Adam Castaneda

Adam Castaneda, Broker License #01119316 Listed on: 11/14/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 11,919 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,006 Sq Ft Home
  • Living Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 14
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167263080000

Community Details

Overview

  • 4 Units
  • Mt. View HOA, Phone Number (951) 682-5454

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $540
  • Insurance Expense $1,000
  • Other Expense $3,600
  • Pest Control $360
  • Water Sewer Expense $1,900
  • New Taxes Expense $4,550
  • Gross Income $3,470
  • Net Operating Income $27,890

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.27 Acres

HOA Fees

$300 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1900.00
  • Property Type: Residential Income
  • Parcel Number: 0167263080000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 89.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Pest Control Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Mt. View HOA
  • Phone: 951 682-5454
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 11919.00
  • Lot Size Acres: 0.2740

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 3470.00
  • Gross Scheduled Income: 41640.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 11919.0000 Square Feet
  • Net Operating Income: 27890.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13750.00
  • Other Expense: 3600.00
  • Other Expense Description: hoa
  • Rent Control: No
  • Total Actual Rent: 3470.00

Tax Info

  • New Taxes Expense: 4550.00
  • Tax Lot: 14
  • Tax Tract Number: 10141
  • Tax Year: 2011

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
Nov 14, 2012
Closed on
Nov 11, 2012
Sold by
Bought by
Seller's Agent
Adam Castaneda
Adam Castaneda, Broker
Buyer's Agent
Adam Castaneda
Adam Castaneda, Broker
List Price
$349,900
Sold Price
$359,000
Premium/Discount to List
$9,100
2.6%
Current Estimated Value
$1,078,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$719,559
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
Oct 7, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2010
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
$225,000
Interest Rate
0.0491%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 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
$68,100
Interest Rate
0.0666%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 2002
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
$201,600
Interest Rate
0.0674%

Purchase Details

Closed on
Mar 26, 2002
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
$201,600
Interest Rate
0.0674%

Purchase Details

Closed on
Oct 15, 1999
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
$251,250
Interest Rate
0.08%

Purchase Details

Closed on
Oct 12, 1999
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
$251,250
Interest Rate
0.08%

Purchase Details

Closed on
Oct 5, 1999
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
$251,250
Interest Rate
0.08%

Purchase Details

Closed on
Sep 30, 1999
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
$251,250
Interest Rate
0.08%

Purchase Details

Closed on
Sep 17, 1999
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
$251,250
Interest Rate
0.08%

Purchase Details

Closed on
Aug 4, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$359,000 Fidelity National Title
$338,000 Lawyers Title La
-- None Available
$300,000 Commonwealth Title Ins
-- None Available
$681,000 Transunion Title & Escrow
$252,000 Equity Title
$260,000 First American Title Co
$200,000 Gateway Title Company
-- Chicago Title Co
$165,000 Chicago Title Co
$335,000 Gateway Title Company
$190,275 Chicago Title
-- Chicago Title Co
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
Closed $225,000
Closed $68,100
Closed $544,800
Closed $205,000
Closed $201,600
Closed $251,250
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
12/11/2012 12/11/12 Sold $359,000 +2.6% $90 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
11/14/2012 11/14/12 For Sale $349,900 -- $87 / 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 $5,581 $450,924 $75,363 $375,561
2025 $5,581 $442,082 $73,885 $368,197
2024 $5,216 $433,413 $72,436 $360,977
2023 $5,210 $424,915 $71,016 $353,899
2022 $5,136 $416,584 $69,624 $346,960
2021 $5,228 $408,416 $68,259 $340,157
2020 $5,152 $404,228 $67,559 $336,669
2019 $5,010 $396,302 $66,234 $330,068
2018 $4,887 $388,531 $64,935 $323,596
2017 $4,846 $380,913 $63,662 $317,251
2016 $4,792 $373,444 $62,414 $311,030
2015 $4,758 $367,834 $61,476 $306,358
2014 $4,673 $360,629 $60,272 $300,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG12140462

California Regional Multiple Listing Service (CRMLS)

APN: 0167-263-08

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