NOT LISTED FOR SALE

1228 N Mount Vernon Ave Colton, CA 92324

Estimated Value: $509,000 - $691,000

4 Beds
3 Baths
2,208 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $180,000 $82 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $3,552/month

53 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2012

This is a Great Triplex! 3 Bedroom house has a long term tenant and the apartments are always in high demand. Do not disturb the tenants, submit offers subject to interior inspection.

Last Agent to Sell the Property

MIKE NUNEZ

RE/MAX TIME REALTY License #00938011 Listed on: 12/11/2012

RE/MAX TIME REALTY

Co-Listed By

Irma Nunez

RE/MAX TIME REALTY License #01050282

Last Buyer's Agent

CYNTHIA MERCADO-HARRISON

Seven Gables Real Estate License #01057063

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 1952

Lot Details

  • 9,000 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,208 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0164031050000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $800
  • New Taxes Expense $2,512
  • Gross Income $2,100
  • Net Operating Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,670

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0164031050000
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 81.52

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2070

Multi Family

  • Average1 Bed Area: 484
  • Average3 Bed Area: 1200
  • Gross Income: 2100.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 9000.0000 Square Feet
  • Net Operating Income: 22200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 3000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2512.00
  • Tax Lot: 7
  • Tax Tract Number: L1M
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2018
Sold by
Mirza Naved and Mirza Naila
Bought by
Mirza Naved and Mirza Naila
Total Days on Market
53
Current Estimated Value
$592,933

Purchase Details

Listed on
Dec 11, 2012
Closed on
Dec 20, 2012
Sold by
Kaloi Kimi and Nunez Mike
Bought by
Mirza Naila and Mirza Naved
Seller's Agent
MIKE NUNEZ
RE/MAX TIME REALTY
Buyer's Agent
CYNTHIA MERCADO-HARRISON
Seven Gables Real Estate
List Price
$205,000
Sold Price
$180,000
Premium/Discount to List
-$25,000
-12.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$126,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Orozco Salvador and Orozco Bertha
Bought by
Kaloi Kimi and Nunez Mike

Purchase Details

Closed on
May 8, 2007
Sold by
Singh Jasvin
Bought by
Khanum Khalida

Purchase Details

Closed on
Mar 10, 2005
Sold by
Aguayo Luis
Bought by
Orozco Salvador and Orozco Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,250
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2002
Sold by
Aguayo Maria
Bought by
Aguayo Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.83%

Purchase Details

Closed on
Apr 16, 2002
Sold by
Tsai Shueh Ping
Bought by
Aguayo Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.83%

Purchase Details

Closed on
Nov 22, 2000
Sold by
Tsai Mei Chiao
Bought by
Tsai Shueh Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.37%

Purchase Details

Closed on
Sep 1, 1999
Sold by
Hud
Bought by
Tsai Mei Chiao

Purchase Details

Closed on
Jun 12, 1998
Sold by
Acosta Juan M and Acosta Maria R
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Nov 19, 1997
Sold by
Ibarra Sergio and Ibarra Susana
Bought by
Acosta Juan M and Acosta Maria R

Purchase Details

Closed on
Oct 1, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Oct 29, 1993
Sold by
Acosta Juan M and Acosta Maria R
Bought by
Acosta Juan M and Acosta Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,969
Interest Rate
6.95%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Mirza Naved -- None Available
Mirza Naila $180,000 North American Title Company
Kaloi Kimi $184,000 First American Title
Khanum Khalida -- None Available
Orozco Salvador $385,000 First American Title Company
Aguayo Luis -- Chicago Title
Aguayo Luis $149,000 Chicago Title
Tsai Shueh Ping $130,000 Orange Coast Title
Tsai Mei Chiao $48,000 Orange Coast Title
Countrywide Home Loans Inc $149,364 Landsafe Title
Acosta Juan M -- Stewart Title
Hud -- Landsafe Title
Acosta Juan M -- Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirza Naila $238,050
Closed Mirza Naila $126,000
Previous Owner Orozco Salvador $327,250
Previous Owner Aguayo Luis $119,200
Previous Owner Tsai Shueh Ping $104,000
Previous Owner Acosta Juan M $138,969
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $180,000 -12.2% $82 / Sq Ft
12/17/2012 12/17/12 Pending -- -- --
10/25/2012 10/25/12 For Sale $205,000 -- $93 / 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 $2,670 $217,312 $48,292 $169,020
2023 $2,678 $213,051 $47,345 $165,706
2022 $2,640 $208,874 $46,417 $162,457
2021 $2,694 $204,779 $45,507 $159,272
2020 $9,369 $202,679 $45,040 $157,639
2019 $2,633 $198,705 $44,157 $154,548
2018 $2,591 $194,809 $43,291 $151,518
2017 $2,501 $190,989 $42,442 $148,547
2016 $2,564 $187,244 $41,610 $145,634
2015 $2,483 $184,431 $40,985 $143,446
2014 $2,398 $180,818 $40,182 $140,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV12132962

California Regional Multiple Listing Service (CRMLS)

APN: 0164-031-05