NOT LISTED FOR SALE

1205 E 8th St Beaumont, CA 92223

Estimated Value: $515,027 - $615,000

8 Beds
4 Baths
2,867 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $289,000 $101 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,402/month

10 Days on Market

Highlights

  • 16,988 Sq Ft lot
  • No Heating
  • Front Yard

About This Home

As of December 2016

A great set-up of 3 separate homes on one large parcel. 2 of the 3 have had a recent face lift with newer windows, newer paint. The 3rd home needs some TLC.

Last Agent to Sell the Property

Josh Huizar

KW College Park License #01879833 Listed on: 11/07/2016

KW College Park

Co-Listed By

Amanda Huizar

KW College Park License #01961452

Last Buyer's Agent

Jose Viramontes

Innovate Realty, Inc. License #01144505

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,329

Year Built

  • Built in 1936

Lot Details

  • 0.39 Acre Lot
  • No Common Walls
  • Front Yard

Home Design

  • 2,867 Sq Ft Home
  • Triplex
  • Rolled or Hot Mop Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • No Heating
  • Private Water Source

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 61
  • Assessor Parcel Number 418020026

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,700
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $2,450
  • Gross Income $26,400
  • Net Operating Income $18,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,329

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Other Phone Description: 9513165171
  • Other Phone Number: 9513165171
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 418020026
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 100.80

Exterior Features

  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop

Utilities

  • Heating: No
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 16988.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 26400.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 1700.00
  • Net Operating Income: 18650.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 7750.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2450.00
  • Tax Census Tract: 438.21
  • Tax Lot: 1
  • Tax Tract Number: 61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2018
Sold by
Lira S Prestige Companies Inc
Bought by
Liras Prestige Properties Sycamore 8Th L
Current Estimated Value
$571,257

Purchase Details

Listed on
Nov 7, 2016
Closed on
Nov 25, 2016
Sold by
Vaccarello Paul E and Vaccarello Rosalind S
Bought by
Liras Prestige Companies Inc
Seller's Agent
Josh Huizar
KW College Park
Buyer's Agent
Jose Viramontes
Innovate Realty, Inc.
List Price
$285,000
Sold Price
$289,000
Premium/Discount to List
$4,000
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
May 1, 2002
Sold by
Centori Donna M and Vaccarello Paul E
Bought by
Elliot William and Centori Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Liras Prestige Properties Sycamore 8Th L -- None Available
Liras Prestige Companies Inc $289,000 Pacific Coast Title
Elliot William -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliot William $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $289,000 +1.4% $101 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $285,000 -- $99 / 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 $4,329 $335,403 $34,815 $300,588
2023 $4,329 $322,381 $33,464 $288,917
2022 $4,263 $316,060 $32,808 $283,252
2021 $4,182 $309,864 $32,165 $277,699
2020 $4,139 $306,688 $31,836 $274,852
2019 $4,074 $300,675 $31,212 $269,463
2018 $4,059 $294,780 $30,600 $264,180
2017 $3,996 $289,000 $30,000 $259,000
2016 $2,487 $179,620 $44,372 $135,248
2015 $2,446 $176,923 $43,706 $133,217
2014 $2,447 $173,458 $42,850 $130,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16740872

California Regional Multiple Listing Service (CRMLS)

APN: 418-020-026