NOT LISTED FOR SALE

Estimated Value: $808,000 - $1,165,000

9 Beds
7 Baths
4,006 Sq Ft
$246/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2015

Last sale price $500,000 $125 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,225 / mo

28 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Laundry Room
  • Citrus Valley High School Rated A
  • Neighborhood Views
  • Central Heating and Cooling System

About This Home

As of February 2015

Just a couple of Blocks from Redlands University, Nice 4 Plex and well maintained. Unit A has just been up graded and is now ready to lease and should lease out for $1,300 to $1,400 per month. Two 2 bed and 2 bath units $875 per month each and One 2 bed 1 bth $875+. There is room to increase the rents. Each unit has a garage and You have a pay laundry room for additional income of $125 per-month. Expenses are $680 per month plus property taxes.

Last Agent to Sell the Property

Kenneth Patterson

KELLER WILLIAMS REALTY License #00774852 Listed on: 01/29/2015

KELLER WILLIAMS REALTY

Last Buyer's Agent

Mike Nijjar

MZ BROKERAGE INC. License #00578160

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 12,000 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Density is 2-5 Units/Acre

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,006 Sq Ft Home
  • Blinds
  • Family Room with Fireplace
  • Neighborhood Views
  • Free-Standing Range
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, repairs, trash collection
  • Assessor Parcel Number 0167271470000

Community Details

Overview

  • 4 Units
  • Greenbelt

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Other Expense $3,600
  • Water Sewer Expense $4,200
  • New Taxes Expense $7,000
  • Gross Income $125
  • Net Operating Income $30,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0.28 Acres

HOA Fees

$300 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Water Sewer Expenses: 4200.00
  • Zoning: r-3
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 0167271470000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 124.81
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Phone Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre, Greenbelt, Level, Lot 10000-19999 Sqft, Near Public Transit
  • Lot Size Sq Ft: 12000.00
  • Lot Size Acres: 0.2750

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Repairs, Trash Collection

Multi Family

  • Gross Income: 125.00
  • Gross Scheduled Income: 47600.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 12000.0000 Square Feet
  • Net Operating Income: 30200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Operating Expense: 17400.00
  • Other Expense: 3600.00
  • Other Expense Description: HOA
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Year: 2013

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
Oct 28, 2016
Sold by
Bought by
Current Estimated Value
$986,641

Purchase Details

Listed on
Jan 29, 2015
Closed on
Feb 3, 2015
Sold by
Bought by
Seller's Agent
Kenneth Patterson
KELLER WILLIAMS REALTY
Buyer's Agent
Mike Nijjar
MZ BROKERAGE INC.
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Jun 19, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2005
Sold by
Bought by

Purchase Details

Closed on
May 18, 2005
Sold by
Bought by

Purchase Details

Closed on
May 17, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 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
$252,000
Interest Rate
5.87%

Purchase Details

Closed on
Sep 20, 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
$252,000
Interest Rate
5.87%

Purchase Details

Closed on
Jul 16, 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
7.51%

Purchase Details

Closed on
Jun 8, 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
7.51%

Purchase Details

Closed on
Feb 11, 1999
Sold by
Bought by

Purchase Details

Closed on
May 15, 1997
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
$221,250
Interest Rate
8.45%

Purchase Details

Closed on
Apr 15, 1997
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
$221,250
Interest Rate
8.45%

Purchase Details

Closed on
Apr 13, 1997
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
$221,250
Interest Rate
8.45%

Purchase Details

Closed on
Aug 28, 1992
Sold by
Bought by
Source: Public Records

Range of Values:

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

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
$500,000 None Available
$500,000 Orange Coast Title
-- None Available
-- Fidelity National Title Co
$640,000 Fidelity National Title Co
-- Fidelity National Title Co
$280,000 Lawyers Title Company
$229,410 Chicago Title Co
$335,000 Gateway Title Company
$170,000 First American Title Ins Co
$235,943 Chicago Title Co
-- American Title
-- American Title Ins Co
$295,000 American 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 $252,000
Previous Owner $251,250
Previous Owner $221,250
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
02/26/2015 02/26/15 Sold $500,000 -4.8% $125 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $525,000 -- $131 / 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
2025 $7,287 $580,292 $191,496 $388,796
2024 $6,808 $568,914 $187,741 $381,173
2023 $6,800 $557,759 $184,060 $373,699
2022 $6,702 $546,823 $180,451 $366,372
2021 $6,824 $536,101 $176,913 $359,188
2020 $6,723 $530,604 $175,099 $355,505
2019 $6,537 $520,200 $171,666 $348,534
2018 $6,375 $510,000 $168,300 $341,700
2017 $6,322 $500,000 $165,000 $335,000
2016 $6,470 $507,625 $121,830 $385,795
2015 $9,720 $761,837 $102,336 $659,501
2014 $9,545 $746,913 $100,331 $646,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV15019912

California Regional Multiple Listing Service (CRMLS)

APN: 0167-271-47

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