NOT LISTED FOR SALE

121 Coburn St Colton, CA 92324

Estimated Value: $495,449 - $997,000

6 Beds
4 Baths
2,740 Sq Ft
$273/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $415,000 $151 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,410/month

6 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • 3 Car Garage
  • Private Yard

About This Home

As of June 2017

This is a STEAL! Fantastic income opportunity for the savvy investor! This triplex is highly upgraded and very well taken care of. Upgrades include newer roof, flooring, paint, granite/corian countertops, upgraded cabinetry and hardware etc. All the units have their own AC's, indoor laundry and separate oversized garages. HUGE lot with yard and extra parking. All units have long term tenants. Great area of Colton! Close to schools, shopping and freeway access. Hurry before this one is gone!

Last Agent to Sell the Property

CYNTHIA PARKER

RICH COSNER & ASSOCIATES License #01277658 Listed on: 04/25/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 9,600 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • 6 Open Parking Spaces
  • Parking Available

Home Design

  • 2,740 Sq Ft Home
  • Split Level Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 1
  • Assessor Parcel Number 0164073010000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0164073010000
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Accessibility Features: See Remarks
  • Levels: Multi/Split
  • Price Per Square Foot: 151.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 6.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lot 6500-9999, Near Public Transit, Yard
  • Lot Size Sq Ft: 9600.00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 35100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Rent Control: No
  • Total Actual Rent: 2925.00

Tax Info

  • Tax Census Tract: 70.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Ventura Susan Carol
Bought by
Archuletta Family Trust and Ventura
Current Estimated Value
$748,112

Purchase Details

Listed on
Apr 25, 2017
Closed on
May 4, 2017
Sold by
Williams Joseph J and Williams Yvette
Bought by
Ventura Susan Carol
Seller's Agent
CYNTHIA PARKER
RICH COSNER & ASSOCIATES
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$228,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2015
Sold by
Williams Joseph J
Bought by
Williams Joseph J and Williams Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Newte Andre
Bought by
William S Joseph J and Williams Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2001
Sold by
Newte Deborah Inez
Bought by
Newte Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,084
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2001
Sold by
Hamilton James Dossie and Hamilton Ruby Lee
Bought by
Newte Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,084
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Archuletta Family Trust -- None Listed On Document
Ventura Susan Carol -- Lawyers Title
Williams Joseph J -- Chicago Title Company
Williams Joseph J -- Chicago Title Company
William S Joseph J -- First American
Newte Andre -- Orange Coast Title
Newte Andre $124,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ventura Susan Carol $228,000
Previous Owner Williams Joseph J $224,000
Previous Owner William S Joseph J $210,000
Previous Owner Newte Andre $122,084
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $415,000 -3.3% $151 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $429,000 -- $157 / 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 $5,750 $481,643 $116,058 $365,585
2024 $5,750 $472,199 $113,782 $358,417
2023 $5,766 $462,940 $111,551 $351,389
2022 $5,684 $453,863 $109,364 $344,499
2021 $5,800 $444,964 $107,220 $337,744
2020 $5,826 $440,402 $106,121 $334,281
2019 $5,668 $431,766 $104,040 $327,726
2018 $5,577 $423,300 $102,000 $321,300
2017 $3,755 $288,251 $72,062 $216,189
2016 $3,848 $282,599 $70,649 $211,950
2015 $3,491 $260,500 $62,000 $198,500
2014 $3,275 $248,000 $59,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17088979

California Regional Multiple Listing Service (CRMLS)

APN: 0164-073-01