NOT LISTED FOR SALE

Estimated Value: $829,000 - $1,095,000

4 Beds
4 Baths
2,125 Sq Ft
$481/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $535,000 $252 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,134/month

5 Days on Market

About This Home

As of November 2014

4 Unit property located close to town. Perfect for Investment. 3 of the units are rented out with one unit being vacant. The property features a pool that sits in between the two buildings making it central for all the units.

Last Agent to Sell the Property

Jessica Woldenga

Reliable Realty License #01858878 Listed on: 10/17/2014

Last Buyer's Agent

Jessica Woldenga

Reliable Realty License #01858878 Listed on: 10/17/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,518

Year Built

  • Built in 1936

Lot Details

  • 7,841

Parking

  • 2 Car Parking Spaces

Interior Spaces

  • 2,125 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Additional Features

  • 7,841 Sq Ft Lot
  • Sewer in Street

Listing and Financial Details

  • The owner pays for electricity, pool service, water, gas
  • Assessor Parcel Number 507224008

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Movie Colony East Subdivision

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $2,825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,518

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Price Per Unit: 124750.00
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 234.82
  • Lp Sp Ratio: 1.0721
  • Year Built: 1936
  • Internal Listing I D: 20190608184643173729000000
  • Listing I D: 214084773
  • Listing Member Address: 28544 Old Town Front St., #205, Temecula, CA 92590
  • Listing Office Address: 28544 Old Town Front St., #205, Temecula, CA 92590
  • Listing Office Fax: (951) 696-9161
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 28544 Old Town Front St., #205, Temecula, CA 92590
  • Selling Office Address: 28544 Old Town Front St., #205, Temecula, CA 92590
  • Selling Office Fax: (951) 696-9161
  • Street Direction: E
  • Subdivision: Movie Colony East
  • Unit Information Number Of Units Leased: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2125.00

Exterior Features

  • Pool: Yes
  • Pool Accessories: Safety Gate
  • Pool Construction: In Ground

Garage/Parking

  • Parking Info Total Parking Spaces: 2.00

Utilities

  • Number Electric Meters: 3
  • Number Water Meters: 1
  • Sewer: In Street Paid
  • Number Gas Meter: 1

Lot Info

  • Assessor Parcel Number: 507224008
  • Lot Size: 7841.00

Rental Info

  • Owner Pays: Electricity, Pool Service, Water, Gas

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1
  • Total Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Oct 28, 2014
Sold by
Frank Mark W and Sirchia Robert J
Bought by
Hobert Princeton Llc
Seller's Agent
Jessica Woldenga
Reliable Realty
Buyer's Agent
Jessica Woldenga
Reliable Realty
List Price
$499,000
Sold Price
$535,000
Premium/Discount to List
$36,000
7.21%
Total Days on Market
5
Current Estimated Value
$1,021,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,970
Avg. Annual Appreciation
6.90%
Original Mortgage
$367,850
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Sfr 2012-1 U S West Llc

Purchase Details

Closed on
Apr 26, 2011
Sold by
Miller Benjamin C
Bought by
Fannie Mae
Source: Public Records

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Range of Values:

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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
Hobert Princeton Llc -- Stewart Title Company
Frank Mark W $525,500 Stewart Title
Sfr 2012-1 U S West Llc -- First American Title Ins Co
Fannie Mae $455,297 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Mark W $367,850
Previous Owner Miller Benjamin C $406,000
Previous Owner Miller Benjamin C $95,000
Previous Owner Miller Benjamin C $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $535,000 +7.2% $252 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $499,000 -- $235 / Sq Ft
Source: California Desert Association of REALTORS®

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
2023 $8,518 $607,039 $182,514 $424,525
2022 $8,674 $595,137 $178,936 $416,201
2021 $8,514 $583,469 $175,428 $408,041
2020 $8,166 $577,488 $173,630 $403,858
2019 $8,038 $566,166 $170,226 $395,940
2018 $7,902 $555,066 $166,889 $388,177
2017 $7,796 $544,183 $163,617 $380,566
2016 $7,590 $533,513 $160,409 $373,104
2015 $7,462 $525,500 $158,000 $367,500
2014 $2,836 $167,217 $41,804 $125,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214084773

California Desert Association of REALTORS®

APN: 507-224-008