NOT LISTED FOR SALE

12255 3rd St Yucaipa, CA 92399

Estimated Value: $667,000 - $863,000

0.76 Acre
$996,269 Price per Acre
33,149 Sq Ft Lot

Last Sold December 07, 2023

Last sale price $650,000

Est. 17% increase in value since last sale

Current estimated payment $4,581/month

329 Days on Market

Highlights

  • 0.76 Acre Lot
  • No HOA
  • Park
  • Mountain View
  • Hiking Trails

About This Lot

As of December 2023

Amazing development opportunity for investors or developers to build a 3 story multifamily complex on a vacant parcel in the heart of the beautiful city of Yucaipa. Shovel ready approved project that includes ready to issue (RTI) grading, building (architectural, structural, mechanical, electrical, and plumbing), landscaping, and solar permits for 13 units designated for senior housing condos that can be sold or rented. Total living area is approximately 11,907 square feet on a .77 acre parcel. Construction can start immediately with no issues to relocate existing tenants or demolition of any kind. The project features 13 extra large (900+ sq. ft) units with one bedroom, den/office, bathroom, laundry room, kitchen, living/dining area, and patio. The project features two rooftop decks, park like landscaping, and plenty of covered parking. One of a kind! Don't miss!

Last Agent to Sell the Property

Jacob Farsakh

CENTRAL PACIFIC PROPERTIES License #01825139 Listed on: 12/28/2022

Last Buyer's Agent

Jacob Farsakh

CENTRAL PACIFIC PROPERTIES License #01825139 Listed on: 12/28/2022

Property Details

Property Type

  • Land

Lot Details

  • 0.76 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RM-72C

Property Views

  • Mountain Views

Utilities

  • Standard Electricity
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 89
  • Tax Tract Number 20236
  • Assessor Parcel Number 0319351580000
  • $267 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: RM-72C
  • Property Type: Land
  • Parcel Number: 0319351580000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 19.61

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: Cable Available
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 33149.00
  • Lot Size Acres: 0.7610

Multi Family

  • Lot Size Area: 33149.0000 Square Feet

Tax Info

  • Tax Block: 89
  • Tax Census Tract: 88.00
  • Tax Lot: 1
  • Tax Tract Number: 20236
  • TaxOtherAnnualAssessmentAmount: 267.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2019
Closed on
Jun 12, 2020
Sold by
Huyck Susan L and Huyck Timothy S
Bought by
101 Central Pacific Properties Llc
Seller's Agent
Tim Huyck
TIMOTHY S HUYCK
Buyer's Agent
Jacob Farsakh
CENTRAL PACIFIC PROPERTIES
List Price
$269,500
Sold Price
$140,000
Premium/Discount to List
-$129,500
-48.05%
Current Estimated Value
$758,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,161
Avg. Annual Appreciation
36.11%
Original Mortgage
$25,000
Outstanding Balance
$21,970
Interest Rate
3.1%
Mortgage Type
Seller Take Back
Estimated Equity
$736,191

Purchase Details

Listed on
Oct 23, 2017
Closed on
Mar 22, 2018
Sold by
Re Property Investors Inc
Bought by
Huyck Land & Development
Seller's Agent
Joe Miller
RE/MAX ADVANTAGE
Buyer's Agent
Tim Huyck
TIMOTHY S HUYCK
List Price
$149,000
Sold Price
$135,000
Premium/Discount to List
-$14,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%
Original Mortgage
$105,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2009
Sold by
Fannie Mae
Bought by
Re Property Investors Inc

Purchase Details

Closed on
Nov 24, 2008
Sold by
Stamegna Ivano and Stamegna Theresa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 14, 2005
Sold by
Goodrich R L
Bought by
Stamegna Ivano and Stamegna Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1997
Sold by
Robinson Jed P
Bought by
Essman David L and Essman Janet L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
101 Central Pacific Properties Llc $35,000 First American Title Company
Huyck Timothy S -- First American Title Company
Huyck Land & Development $135,000 First American Title
Re Property Investors Inc $46,000 Lawyers Title Sd
Federal National Mortgage Association $120,560 None Available
Stamegna Ivano $260,000 Old Republic Title Company
Essman David L $100,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 101 Central Pacific Properties Llc $25,000
Previous Owner Huyck Land & Development $105,000
Previous Owner Stamegna Ivano $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2023 12/07/23 Sold $650,000 +5.7% --
10/26/2023 10/26/23 Price Changed $615,000 -3.1% --
08/25/2023 08/25/23 Price Changed $635,000 -2.3% --
12/28/2022 12/28/22 For Sale $650,000 +364.3% --
07/16/2020 07/16/20 Sold $140,000 -12.2% -- View Prior Sale
04/17/2020 04/17/20 Price Changed $159,500 -15.8% --
03/05/2020 03/05/20 Price Changed $189,500 -13.7% --
02/13/2020 02/13/20 Price Changed $219,500 -18.6% --
01/20/2020 01/20/20 For Sale $269,500 +92.5% --
12/11/2019 12/11/19 Off Market $140,000 -- --
08/27/2019 08/27/19 Price Changed $269,500 -14.4% --
05/25/2019 05/25/19 For Sale $314,900 +133.3% --
03/28/2018 03/28/18 Sold $135,000 -9.4% -- View Prior Sale
10/23/2017 10/23/17 For Sale $149,000 -- --
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 $7,457 $663,000 $663,000 --
2024 $7,457 $650,000 $650,000 --
2023 $1,759 $150,858 $150,858 $0
2022 $1,739 $147,900 $147,900 $0
2021 $1,717 $145,000 $145,000 $0
2020 $1,697 $140,454 $140,454 $0
2019 $1,652 $137,700 $137,700 $0
2018 $620 $51,845 $51,845 $0
2017 $606 $50,828 $50,828 $0
2016 $598 $49,831 $49,831 $0
2015 $592 $49,082 $49,082 $0
2014 $580 $48,121 $48,121 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22260381

California Regional Multiple Listing Service (CRMLS)

APN: 0319-351-05