NOT LISTED FOR SALE

1129 Cypress Ave Colton, CA 92324

Estimated Value: $601,125 - $1,005,000

6 Beds
3 Baths
2,250 Sq Ft
$331/Sq Ft Est. Value

Last Sold May 22, 2014

Last sale price $270,000 $120 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $4,527/month

54 Days on Market

Highlights

  • 0.5 Acre Lot
  • Evaporated cooling system
  • Carpet
  • Traditional Architecture
  • Laundry Room
  • Wall Furnace

About This Home

As of May 2014

Three units, each with two bedrooms and one bath. Each unit has its own garage and separate yard. Large half acre lot with room for possible expansion at rear. Two of the units have recently been rehabbed and look very good.****** Drive by only. Do not walk onto property.******

Last Agent to Sell the Property

Tricia Cerda

RE/MAX Empire Properties License #01098061 Listed on: 05/06/2014

RE/MAX Empire Properties

Co-Listed By

Ron Murray

RE/MAX Empire Properties License #01040398

Last Buyer's Agent

Tricia Cerda

RE/MAX Empire Properties License #01098061 Listed on: 05/06/2014

RE/MAX Empire Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,111

Year Built

  • Built in 1960

Lot Details

  • 0.5 Acre Lot
  • 1 Common Wall
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 0274093520000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $1,200
  • Water Sewer Expense $1,000
  • New Taxes Expense $2,900
  • Gross Income $2,450
  • Net Operating Income $22,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,111

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 89967
  • Property Attached: Yes
  • Water Sewer Expenses: 1000.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0274093520000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 120.00

Exterior Features

  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Conventional Septic
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 21900.00
  • Lot Size Acres: 0.5030

Multi Family

  • Average2 Bed Area: 750
  • Gross Income: 2450.00
  • Gross Scheduled Income: 29400.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 21900.0000 Square Feet
  • Net Operating Income: 22900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6500.00
  • Rent Control: No
  • Total Actual Rent: 2425.00

Tax Info

  • New Taxes Expense: 2900.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2014
Sold by
Kush Marleen D
Bought by
Mendez Leilani M
Total Days on Market
54
Current Estimated Value
$745,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,010
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 1997
Sold by
Beavers Rowena E
Bought by
Beavers Rowena E and Rowena E Beavers Family Trust
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
Mendez Leilani M $270,000 First American
Beavers Rowena E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendez Leilani M $265,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2014 05/22/14 Sold $270,000 0.0% $120 / Sq Ft
04/13/2014 04/13/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $269,900 -- $120 / 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
2024 $4,111 $324,376 $76,919 $247,457
2023 $4,117 $318,016 $75,411 $242,605
2022 $4,056 $311,780 $73,932 $237,848
2021 $4,131 $305,666 $72,482 $233,184
2020 $4,143 $302,532 $71,739 $230,793
2019 $4,035 $296,600 $70,332 $226,268
2018 $3,815 $290,784 $68,953 $221,831
2017 $3,681 $285,082 $67,601 $217,481
2016 $3,774 $279,492 $66,275 $213,217
2015 $3,654 $275,293 $65,279 $210,014
2014 $521 $39,639 $8,419 $31,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR14035254

California Regional Multiple Listing Service (CRMLS)

APN: 0274-093-52