NOT LISTED FOR SALE

1149 N La Cadena Dr Colton, CA 92324

Estimated Value: $762,000 - $1,021,000

7 Beds
4 Baths
3,308 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 19, 2018

Last sale price $525,000 $159 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,271/month

397 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Double Pane Windows
  • Granite Countertops
  • Balcony
  • Laundry Room

About This Home

As of April 2018

BACK IN THE MARKET, escrow cancelled. All units look nice ,Long term tenants, all month to month. No Rent Control,
This is the best area of Downtown Colton, close to City Hall, Police department, Banks, and Grocery stores.
Each unit has its own laundry room, and separate electrical and gas meters. Owner pays water only.
Plenty of parking, huge lot size, with 2 driveways on both side of the building with parking for 8 cars plus plenty of parking in the back for over 5 cars more. New windows, new paint, old lead paint was removed, great rental income, RV parking great for owner occupy or investor !!! Location, location, location!!! NO APPRAISAL CONTINGENCY !!!

Last Agent to Sell the Property

Juan Andrade

A Plus Realty 8 Financing License #01300433 Listed on: 03/09/2017

Last Buyer's Agent

Marlene Rodriguez

M. R. & Associates License #00898732

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,112

Year Built

  • Built in 1924

Lot Details

  • 8,400 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Chain Link Fence
  • Fence is in fair condition
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Raised Foundation
  • Shingle Roof
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 3,308 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens

Kitchen

  • Granite Countertops
  • Ceramic Countertops
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking
  • RV Access or Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, pest control, trash collection
  • Tax Lot 10
  • Tax Tract Number 2
  • Assessor Parcel Number 0161082070000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $60
  • Water Sewer Expense $120
  • New Taxes Expense $300
  • Operating Expense $480
  • Gross Income $3,690
  • Net Operating Income $3,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,112

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 120.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0161082070000
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony, Ceiling Fan(s), Ceramic Counters, Granite Counters, Laminate Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Levels: Two
  • Price Per Square Foot: 158.71
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Chain Link, Fair Condition
  • Pool Private: No
  • Roof: Shingle, Tar/Gravel
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered, Driveway, Concrete, RV Access/Parking
  • Total Parking Spaces: 15.00
  • Uncovered Spaces: 15.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 8400.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Pest Control, Trash Collection

Multi Family

  • Gross Income: 3690.00
  • Gross Scheduled Income: 3690.00
  • Insurance Expense: 60.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 3690.00
  • 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 Range: 1
  • Rent Control: No
  • Total Actual Rent: 3480.00
  • Total Expenses: 480.00

Tax Info

  • New Taxes Expense: 300.00
  • Tax Census Tract: 67.00
  • Tax Lot: 10
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
Apr 6, 2018
Sold by
Andrade Juan
Bought by
Bolanos Sergio A
Seller's Agent
Juan Andrade
A Plus Realty 8 Financing
Buyer's Agent
Marlene Rodriguez
M. R. & Associates
List Price
$544,900
Sold Price
$525,000
Premium/Discount to List
-$19,900
-3.65%
Current Estimated Value
$882,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,254
Avg. Annual Appreciation
7.64%
Original Mortgage
$360,000
Outstanding Balance
$310,848
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$598,697

Purchase Details

Listed on
Mar 9, 2017
Closed on
Mar 29, 2018
Sold by
Andrade Managemnt Inc
Bought by
Andrade Juan
Seller's Agent
Juan Andrade
A Plus Realty 8 Financing
Buyer's Agent
Marlene Rodriguez
M. R. & Associates
List Price
$544,900
Sold Price
$525,000
Premium/Discount to List
-$19,900
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$310,848
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$598,697

Purchase Details

Closed on
Aug 26, 2008
Sold by
Andrade Juan P
Bought by
Andrade Management Inc

Purchase Details

Closed on
Apr 12, 2004
Sold by
Park Center Exchange Inc
Bought by
Andrade Juan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2004
Sold by
Herrera Sonia
Bought by
Andrade Juan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2004
Sold by
Caslavka Paul P and Caslavka Gail B
Bought by
Park Center Exchange Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage
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
Bolanos Sergio A $525,000 Pacific Coast Title Company
Andrade Juan -- None Available
Andrade Management Inc -- None Available
Andrade Juan P -- First American
Andrade Juan P -- First American
Park Center Exchange Inc -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolanos Sergio A $360,000
Previous Owner Andrade Juan P $290,000
Previous Owner Andrade Juan P $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2018 04/19/18 Sold $525,000 -3.7% $159 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/04/2018 03/04/18 For Sale $544,900 +3.8% $165 / Sq Ft
02/28/2018 02/28/18 Off Market $525,000 -- --
01/03/2018 01/03/18 For Sale $544,900 +3.8% $165 / Sq Ft
12/30/2017 12/30/17 Off Market $525,000 -- --
07/26/2017 07/26/17 Price Changed $544,900 -0.7% $165 / Sq Ft
07/21/2017 07/21/17 For Sale $549,000 0.0% $166 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $549,000 -- $166 / 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 $7,112 $597,361 $102,405 $494,956
2024 $7,112 $585,648 $100,397 $485,251
2023 $7,131 $574,164 $98,428 $475,736
2022 $7,030 $562,906 $96,498 $466,408
2021 $7,174 $551,869 $94,606 $457,263
2020 $7,206 $546,210 $93,636 $452,574
2019 $7,010 $535,500 $91,800 $443,700
2018 $4,682 $355,271 $61,254 $294,017
2017 $4,519 $348,305 $60,053 $288,252
2016 $4,149 $305,500 $69,800 $235,700
2015 $3,742 $336,346 $57,991 $278,355
2014 $4,331 $329,757 $56,855 $272,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17048428

California Regional Multiple Listing Service (CRMLS)

APN: 0161-082-07