NOT LISTED FOR SALE

Estimated Value: $925,000 - $1,109,000

8 Beds
4 Baths
4,224 Sq Ft
$239/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $445,000 $105 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,852/month

218 Days on Market

Highlights

  • No Units Above
  • Mountain View
  • Laundry Room
  • Crafton Elementary School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of November 2014

WOW!! A New Roof!!! Excellent four unit income property with good long term tenants. 4 Plex. All units are 2 bedrooms and 1.50 bathrooms, all units are in good condition, This units are being managed by a professional management company. Yard service is also being managed, separate operational laundry room, Great location close to shopping, schools, Fwy, and the University of Redlands. All units include A/C, central heating, dishwasher, stove, and garbage disposal. 1 car garage for each unit. This fourplex has 5 gas meters, one of them is a main. 5 Electric meters, one of them is a main. 1 water meter. Owner pays for water, gas for hot water as there is only one hot water heater. Seller is very motivated to sell. This property will be sold AS-IS and it's present condition.

Last Agent to Sell the Property

JOSEPH NANDINO

CENTURY 21 KING License #01431460 Listed on: 03/09/2014

CENTURY 21 KING

Last Buyer's Agent

MAURICIO MENDOZA

GOLD MINE GROUP License #01112602

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,284

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Fence is in average condition
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Cosmetic Repairs Needed

Interior Spaces

  • 4,224 Sq Ft Home
  • Carpet
  • Mountain Views
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 6932
  • Assessor Parcel Number 0170251460000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $560
  • Insurance Expense $1,024
  • Maintenance Expense $500
  • Professional Management Expense $2,524
  • Trash Expense $500
  • Water Sewer Expense $1,500
  • New Taxes Expense $4,342
  • Gross Income $1,198
  • Net Operating Income $2,759

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,284

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 9097316818
  • Other Phone Number: 9097316818
  • Professional Management Expense: 2524.00
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 0170251460000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 105.35
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Mountain(s)
  • Fencing: Average Condition
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11000.00
  • Lot Size Acres: 0.2530

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 560.00
  • Gross Income: 1198.00
  • Gross Scheduled Income: 32814.00
  • Insurance Expense: 1024.00
  • Lot Size Area: 11000.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 2759.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Operating Expense: 1139.00
  • Other Income Description: LEDGER
  • Rent Control: No
  • Total Actual Rent: 3610.00

Tax Info

  • New Taxes Expense: 4342.00
  • Tax Lot: 10
  • Tax Tract Number: 6932
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Jenkins Danielle S and Moore Danielle J
Bought by
1134 Cero Court Trust and Coons
Current Estimated Value
$1,009,030

Purchase Details

Listed on
Mar 9, 2014
Closed on
Oct 27, 2014
Sold by
Francis Mary Ann
Bought by
Jenkins Danielle S
Seller's Agent
JOSEPH NANDINO
CENTURY 21 KING
Buyer's Agent
MAURICIO MENDOZA
GOLD MINE GROUP
List Price
$472,000
Sold Price
$445,000
Premium/Discount to List
-$27,000
-5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$436,939
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2007
Sold by
Russo Mary Ann
Bought by
Russo Mary Ann and The Mary Ann Russo Revocable L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2007
Sold by
Estrada Jose B
Bought by
Russo Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2005
Sold by
Estrada Monica Fabiola
Bought by
Estrada Jose B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 8, 2005
Sold by
Rivas Heriberto
Bought by
Estrada Jose B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 10, 2004
Sold by
Escobosa Marcia
Bought by
Escobosa Marcia and Tiedt Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Escobosa Marcia and Tiedt Kurt
Bought by
Rivas Heriberto and Rivas Rogelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Rivas Theresa
Bought by
Rivas Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2001
Sold by
Bankers Trust Company Of California Na
Bought by
Escobosa Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
7.05%

Purchase Details

Closed on
Mar 15, 2001
Sold by
Jones James L
Bought by
Bankers Trust Company Of California Na

Purchase Details

Closed on
Mar 22, 1999
Sold by
Sherman Diamond
Bought by
Jones James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
9.5%

Purchase Details

Closed on
May 5, 1997
Sold by
Naples Laurence D and Naples Jeanne C
Bought by
Sherman Diamond and Sherman Dosie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,362
Interest Rate
7.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1134 Cero Court Trust -- None Listed On Document
Jenkins Danielle S $445,000 Ticor Title Company
Russo Mary Ann -- None Available
Russo Mary Ann $635,000 Chicago Title
Estrada Jose B -- Old Republic Title
Estrada Jose B $570,000 Old Republic Title Company
Escobosa Marcia -- Fidelity National Title Co
Rivas Heriberto $432,000 Fidelity National Title Co
Rivas Frank -- Fidelity National Title Co
Escobosa Marcia $173,500 First American Title Ins Co
Bankers Trust Company Of California Na $142,800 Benefit Land Title Ins Compa
Jones James L $340,000 Benefit Land Title Company
Sherman Diamond $143,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Danielle J $250,000
Previous Owner Jenkins Danielle S $12,489
Previous Owner Jenikins Danielle S $155,120
Previous Owner Jenkins Danielle S $100,000
Previous Owner Jenkins Danielle S $433,735
Previous Owner Jenkins Danielle S $436,939
Previous Owner Russo Mary Ann $508,000
Previous Owner Estrada Jose B $57,000
Previous Owner Estrada Jose B $456,000
Previous Owner Rivas Heriberto $345,600
Previous Owner Escobosa Marcia $213,500
Previous Owner Escobosa Marcia $160,300
Previous Owner Escobosa Marcia $138,800
Previous Owner Jones James L $272,000
Previous Owner Sherman Diamond $48,000
Previous Owner Sherman Diamond $141,362
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $445,000 -5.7% $105 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
03/09/2014 03/09/14 For Sale $472,000 0.0% $112 / Sq Ft
11/29/2013 11/29/13 Rented $1,000 +14.3% --
10/30/2013 10/30/13 Under Contract -- -- --
10/18/2013 10/18/13 For Rent $875 -- --
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 $6,284 $534,823 $106,963 $427,860
2024 $6,284 $524,337 $104,866 $419,471
2023 $6,277 $514,056 $102,810 $411,246
2022 $6,187 $503,976 $100,794 $403,182
2021 $6,299 $494,094 $98,818 $395,276
2020 $6,206 $489,028 $97,805 $391,223
2019 $6,034 $479,439 $95,887 $383,552
2018 $5,800 $470,038 $94,007 $376,031
2017 $5,750 $460,822 $92,164 $368,658
2016 $5,684 $451,786 $90,357 $361,429
2015 $5,641 $445,000 $89,000 $356,000
2014 $4,703 $363,000 $72,600 $290,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14048673

California Regional Multiple Listing Service (CRMLS)

APN: 0170-251-46