NOT LISTED FOR SALE

Estimated Value: $445,000 - $596,000

2 Beds
1 Bath
1,514 Sq Ft
$336/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $152,000 $100 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $2,955/month

18 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Redlands East Valley High School Rated A-
  • Wall Furnace

About This Home

As of September 2013

Well Maintained duplex,Walking Distance to high school,units have inside laundry hookups, single car garage.

Last Agent to Sell the Property

LISA PRECIADO

HOMESMART, EVERGREEN REALTY License #01485943 Listed on: 05/06/2013

HOMESMART, EVERGREEN REALTY

Last Buyer's Agent

Jerry Avila

ALL NATIONS REALTY & INVS License #01354211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 1964

Lot Details

  • 7,625 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Property Attached
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,514 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 11
  • Tax Tract Number 55
  • Assessor Parcel Number 0298112150000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Gardener Expense $40
  • Insurance Expense $20
  • Pest Control $20
  • Trash Expense $800
  • Water Sewer Expense $200
  • New Taxes Expense $100
  • Gross Income $690
  • Net Operating Income $9,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,339

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Gardener Expense: 40.00
  • Parcel Number: 0298112150000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 100.40

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Pest Control Expense: 20.00
  • Sewer: Conventional Septic
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size: 7625
  • Lot Size Sq Ft: 7625.00
  • Lot Size Acres: 0.1750

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Average1 Bed Area: 757
  • Average2 Bed Area: 757
  • Electric Expense: 50.00
  • Gross Income: 690.00
  • Gross Multiplier: 12.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 20.00
  • Lot Size Area: 7625.0000 Square Feet
  • Net Operating Income: 9200.00
  • 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: 2300.00
  • Rent Control: No
  • Total Actual Rent: 2.00

Tax Info

  • New Taxes Expense: 100.00
  • Tax Lot: 11
  • Tax Tract Number: 55
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Cornejo Nicholas F and Cornejo Alice
Bought by
Cornejo Nicholas F and Cornejo Alice Y
Current Estimated Value
$504,250

Purchase Details

Listed on
May 6, 2013
Closed on
Aug 8, 2013
Sold by
Dornisch John W and Dornisch Shela M
Bought by
Cornejo Nicholas F and Cornejo Alice Y
Seller's Agent
LISA PRECIADO
HOMESMART, EVERGREEN REALTY
Buyer's Agent
Jerry Avila
ALL NATIONS REALTY & INVS
List Price
$152,000
Sold Price
$152,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$106,400
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2004
Sold by
Zamani Mahyar
Bought by
Dornisch John W and Dornisch Shela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Sold by
Doyle Thomas R and Doyle Catherine S
Bought by
Zamani Mahyar

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
Interest Rate
5.54%

Purchase Details

Closed on
Nov 15, 1999
Sold by
Testman Anders E Tr
Bought by
Doyle Thomas R and Doyle Catherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
3.85%
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
Cornejo Nicholas F -- None Available
Cornejo Nicholas F $152,000 Fidelity National Title Co
Dornisch John W $206,000 First Southwestern
Zamani Mahyar $150,000 First Southwestern
Doyle Thomas R $112,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornejo Nicholas F $85,000
Closed Cornejo Nicholas F $106,400
Previous Owner Dornisch John W $255,000
Previous Owner Dornisch John W $185,400
Previous Owner Zamani Mahyar $250,000
Previous Owner Zamani Mahyar $120,000
Previous Owner Doyle Thomas R $89,600
Closed Doyle Thomas R $11,200
Closed Zamani Mahyar $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $152,000 0.0% $100 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $152,000 -- $100 / 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 $2,339 $186,331 $49,033 $137,298
2024 $2,339 $182,678 $48,072 $134,606
2023 $2,331 $179,096 $47,129 $131,967
2022 $2,295 $175,584 $46,205 $129,379
2021 $2,329 $172,141 $45,299 $126,842
2020 $2,292 $170,376 $44,835 $125,541
2019 $2,232 $167,035 $43,956 $123,079
2018 $2,023 $163,760 $43,094 $120,666
2017 $2,006 $160,549 $42,249 $118,300
2016 $1,983 $157,401 $41,421 $115,980
2015 $1,969 $155,037 $40,799 $114,238
2014 $1,923 $152,000 $40,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13083678

California Regional Multiple Listing Service (CRMLS)

APN: 0298-112-15