NOT LISTED FOR SALE

121 Wiseman Way Upland, CA 91786

Estimated Value: $1,359,000 - $1,671,000

10 Beds
6 Baths
4,109 Sq Ft
$380/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $1,055,000 $257 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $9,758/month

20 Days on Market

Highlights

  • No HOA
  • Upland High School Rated A-
  • Laundry Room

About This Home

As of August 2019

PRICE REDUCED! NO HOA!!!! This well-maintained, fourplex building is located in the beautiful city of Upland, in close proximity to the famous "Madonna of the Trail" statue and trail. It is located within walking distance to schools, public transportation, shopping, the 10 fwy. and more! All units offer central air conditioning and heating, 2-car attached garages (direct entry) with full size washer and dryer hookups, dishwashers and more! Unit A has a fireplace. Plenty of room to increase the rental amounts. Property being sold AS-IS. Offer subject to inspection. Submit all offers!

Last Agent to Sell the Property

VANESSA WUESTEWALD

Vanessa Wuestewald Broker License #01700101 Listed on: 06/11/2019

Co-Listed By

DARLENE MEDLIN

EMPIRE MANAGEMENT GROUP License #00666139

Last Buyer's Agent

VANESSA WUESTEWALD

Vanessa Wuestewald Broker License #01700101 Listed on: 06/11/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,204

Year Built

  • Built in 1985

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • 4,109 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1046621200000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,450
  • Trash Expense $1,800
  • Water Sewer Expense $5,050
  • New Taxes Expense $12,000
  • Operating Expense $20,300
  • Net Operating Income $43,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,204

Year Built

Built in 1985

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 5050.00
  • Property Type: Residential Income
  • Parcel Number: 1046621200000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 256.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11933.00
  • Lot Size Acres: 0.2739

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 64200.00
  • Insurance Expense: 1450.00
  • Lot Size Area: 11933.0000 Square Feet
  • Net Operating Income: 43900.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Operating Expense: 20300.00
  • Rent Control: No
  • Total Actual Rent: 5350.00
  • Total Expenses: 20300.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 8.26
  • Tax Lot: 000
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Shiu Clement Yiutung and Shiu Waiman Mandy
Bought by
Shiu And Chung Family Trust
Total Days on Market
20
Current Estimated Value
$1,561,499

Purchase Details

Listed on
Jun 11, 2019
Closed on
Jul 10, 2019
Sold by
Patel Raman and Patel Family Trust
Bought by
Shiu Clement Yiutung and Chung Waiman Mandy
Seller's Agent
VANESSA WUESTEWALD
Vanessa Wuestewald Broker
Buyer's Agent
VANESSA WUESTEWALD
Vanessa Wuestewald Broker
List Price
$1,300,000
Sold Price
$1,055,000
Premium/Discount to List
-$245,000
-18.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$765,000
Interest Rate
3.8%
Mortgage Type
New Conventional
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
Shiu And Chung Family Trust -- None Listed On Document
Shiu Clement Yiutung $1,055,000 Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shiu Clement Yiutung $757,000
Previous Owner Shiu Clement Yiutung $765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $1,055,000 -4.1% $257 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/24/2019 06/24/19 Price Changed $1,100,000 -15.4% $268 / Sq Ft
06/11/2019 06/11/19 For Sale $1,300,000 -- $316 / 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
2024 $12,204 $1,131,174 $396,715 $734,459
2023 $12,024 $1,108,994 $388,936 $720,058
2022 $11,766 $1,087,249 $381,310 $705,939
2021 $11,759 $1,065,930 $373,833 $692,097
2020 $11,440 $1,055,000 $370,000 $685,000
2019 $5,461 $486,184 $109,254 $376,930
2018 $5,328 $476,651 $107,112 $369,539
2017 $5,175 $467,305 $105,012 $362,293
2016 $4,942 $458,142 $102,953 $355,189
2015 $4,830 $451,261 $101,407 $349,854
2014 $4,706 $442,422 $99,421 $343,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19138576

California Regional Multiple Listing Service (CRMLS)

APN: 1046-621-20