NOT LISTED FOR SALE

12174 2nd St Yucaipa, CA 92399

Downtown Yucaipa Neighborhood

Estimated Value: $825,000 - $856,000

6 Beds
4 Baths
2,853 Sq Ft
$295/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $537,500 $188 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,954/month

36 Days on Market

Highlights

  • 19,680 Sq Ft lot
  • Laundry Room
  • 3-minute walk to Center Park
  • No HOA
  • 2 Attached Carport Spaces

About This Home

As of May 2018

EXCELLENT INVESTMENT! LOT OVER 19,000 sq.ft.!! SALE INCLUDES TOTAL OF FOUR UNITS 12170 & 12174 2ND STREET AND 34857 & 34859 IRIS STREET ON LARGE CORNER LOT. UNITS ON IRIS STREET CONSIST OF TWO BEDROOM ONE BATH EACH WTIH LARGE BACK YARDS AND CARPORT ON QUIET CUL-DE-SAC. UNITS ON 2ND STREET ARE ONE BEDROOM, ONE BATH EACH WITH SEPARATE PARKING AREAS, EACH HAVING SPACIOUS FRONT AND REAR FENCED YARDS. UNITS ON 2ND STREET EACH HAVE SEPARATE LAUNDRY ROOMS. ALL HAVE SEPARATE GAS AND ELECTRIC METERS. TWO WATER METERS. LOCATED NEAR YUCAIPA BOULEVARD NEXT TO SCHOOLS, SHOPS, CHURCHES, RESTAURANTS AND MUCH MORE. MINUTES TO I-10 FOR EASY COMMUTE.

Last Agent to Sell the Property

Marisela Labastida, JD

MARISELA LABASTIDA BROKER License #00979807 Listed on: 03/28/2018

Last Buyer's Agent

ROBERT POTTER

CENTURY 21 LOIS LAUER REALTY License #00354476

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.45 Acre Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,853 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities, electricity, exterior maintenance, grounds care, gas, telephone
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 0319341180000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $1,776
  • Water Sewer Expense $2,800
  • New Taxes Expense $6,000
  • Operating Expense $11,776
  • Gross Income $36,600
  • Net Operating Income $24,846

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2800.00
  • Property Type: Residential Income
  • Parcel Number: 0319341180000
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 188.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1776.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 19680.00

Rental Info

  • Tenant Pays: All Utilities, Electricity, Exterior Maintenance, Grounds Care, Gas, Telephone

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 36600.00
  • Gross Scheduled Income: 36600.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 24846.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 11776.00
  • Rent Control: No
  • Total Expenses: 11776.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 88.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 7, 2018
Sold by
Pristine Builders Inc
Bought by
Pilato John and King Donna
Seller's Agent
Marisela Labastida, JD
MARISELA LABASTIDA BROKER
Buyer's Agent
ROBERT POTTER
CENTURY 21 LOIS LAUER REALTY
List Price
$579,900
Sold Price
$537,500
Premium/Discount to List
-$42,400
-7.31%
Current Estimated Value
$842,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,163
Avg. Annual Appreciation
6.05%
Original Mortgage
$387,500
Outstanding Balance
$333,650
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$509,013

Purchase Details

Closed on
Mar 16, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pristine Builders Inc

Purchase Details

Closed on
Dec 18, 2009
Sold by
Rumenapp Shawn
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 4, 2006
Sold by
Rumenapp Erica
Bought by
Rumenapp Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,910
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 20, 2006
Sold by
Villa Armando
Bought by
Rumenapp Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,910
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 22, 2004
Sold by
Leviathan Industries
Bought by
Villa Armando and Villa Lilliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Nicols Scott
Bought by
Leviathan Industries Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 1996
Sold by
Hud
Bought by
Nicols Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,800
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 1995
Sold by
Bank Of America Nt & Sa
Bought by
Hud

Purchase Details

Closed on
Jan 12, 1995
Sold by
Browning Robert G
Bought by
Bank Of America Nt & Sa and Seattle First National Bank
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
Pilato John $537,500 Fidelity National Title Comp
Pristine Builders Inc $190,500 Lsi Title
Federal Home Loan Mortgage Corporation $262,732 Accommodation
Rumenapp Shawn -- Fidelity Natl Title Ins Co
Rumenapp Shawn $550,000 Fidelity Natl Title Ins Co
Villa Armando $360,000 Fidelity-Riverside
Leviathan Industries Lp -- Fidelity-Riverside
Nicols Scott $78,000 First Southwestern Title Co
Hud -- North American Title Co
Bank Of America Nt & Sa $135,369 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pilato John $387,500
Previous Owner Rumenapp Shawn $77,910
Previous Owner Rumenapp Shawn $417,000
Previous Owner Villa Armando $288,000
Previous Owner Nicols Scott $117,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $537,500 -2.3% $188 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/09/2018 04/09/18 Price Changed $549,900 -5.2% $193 / Sq Ft
03/28/2018 03/28/18 For Sale $579,900 -- $203 / 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 $7,091 $611,583 $113,782 $497,801
2024 $7,091 $599,591 $111,551 $488,040
2023 $7,063 $587,835 $109,364 $478,471
2022 $6,986 $576,309 $107,220 $469,089
2021 $6,900 $565,009 $105,118 $459,891
2020 $6,967 $559,215 $104,040 $455,175
2019 $6,786 $548,250 $102,000 $446,250
2018 $2,921 $226,895 $56,724 $170,171
2017 $2,861 $222,446 $55,612 $166,834
2016 $2,825 $218,085 $54,522 $163,563
2015 $2,798 $214,809 $53,703 $161,106
2014 $2,853 $210,601 $52,651 $157,950
Source: Public Records

Agents Affiliated with this Home

  • Marisela Labastida, JD

    Seller's Agent in 2018

    Marisela Labastida, JD

    MARISELA LABASTIDA BROKER

    (951) 452-7596

    64 Total Sales

    Marisela Labastida, JD
    Section Image

  • R

    Buyer's Agent in 2018

    ROBERT POTTER

    CENTURY 21 LOIS LAUER REALTY

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18070322

California Regional Multiple Listing Service (CRMLS)

APN: 0319-341-18

California San Bernardino County Yucaipa 92399 Downtown Yucaipa

12174 2nd St, Yucaipa, CA

Not Listed for Sale

MultiFamily

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