NOT LISTED FOR SALE

1234 N Laurel Ave Upland, CA 91786

Estimated Value: $972,000 - $1,275,000

4 Beds
4 Baths
2,628 Sq Ft
$408/Sq Ft Est. Value

Last Sold September 07, 2017

Last sale price $669,000 $255 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,673/month

8 Days on Market

Highlights

  • Art Studio
  • Two Primary Bedrooms
  • Mountain View
  • Magnolia Elementary Rated A-
  • Open Floorplan
  • Maid or Guest Quarters

About This Home

As of September 2017

Excellent investment opportunity for two units (permitted) and one additional studio over the garage. You could also live in one and rent the other two. Front house is SFR (3 bedrooms, 2 baths) & Back house has one unit downstairs and one unit Up (not permitted). All of the units are on the same electrical meter and the main house has its own AC. Main House is a Beautiful single story located on quiet tree lined street in Upland. All new interior is still in the process of being upgraded to a tee! All new textured walls, ceilings and new Sante Fe Doors, Knobs, and casings throughout. Brand new engineered wood flooring expands throughout spacious living room, family room, kitchen and hallways. Front house as 3 spacious bedrooms and two bathrooms all of which have been upgraded. Open Kitchen with all new Shaker White Soft Closure Cabinets and Granite Counters and New lighting and New Fixture. You will see that all of the work has been done for you. Back house: Lower unit: large, single story studio with separate bathroom and expansive walk in closet. There is also an extra unit upstairs that is a small studio that was rented to a college student previously. The carport was just re-roofed. The garage is used as storage only.

Last Listed By

Kelli Vanevenhoven

COLDWELL BANKER BLACKSTONE RTY License #01062860 Listed on: 07/18/2017

COLDWELL BANKER BLACKSTONE RTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,062

Year Built

  • Built in 1954 | Under Construction

Lot Details

  • 10,260 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Fenced
  • Fence is in average condition
  • Landscaped
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Turnkey
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,628 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Art Studio
  • Storage
  • Mountain Views

Kitchen

  • Galley Kitchen
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Converted Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer Hookup

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Driveway

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 1045561210000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Maintenance Expense $1,200
  • Professional Management Expense $3,600
  • Operating Expense $4,800
  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,062

Year Built

Built in 1954 | Under Construction

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3600.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: r1
  • Architectural Style: Ranch
  • Property Condition: Turnkey, Under Construction, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 1045561210000
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Granite Counters, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 254.57
  • Room Type: All Bedrooms Down, Art Studio, Converted Bedroom, Family Room, Formal Entry, Galley Kitchen, Guest/Maid's Quarters, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Separate Family Room, Two Masters, Walk-In Closet

Exterior Features

  • Direction Faces: East
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Uncovered, Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Common Area, In Kitchen, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

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, Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999, Level, Yard
  • Lot Size Sq Ft: 10260.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average3 Bed Area: 1650 Square Feet
  • Average Studio Area: 600 Square Feet
  • Gross Scheduled Income: 51600.00
  • Maintenance Expense: 1200.00
  • Net Operating Income: 46800.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 3
  • Operating Expense: 4800.00
  • Rent Control: No
  • Total Actual Rent: 4200.00
  • Total Expenses: 4800.00
  • Vacancy Allowance Rate: 10.00

Tax Info

  • Tax Census Tract: 8.18
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2019
Sold by
Anelli Maria C and Anelli Joan V
Bought by
Anelli Joan V and Joan V Aneili Living Trust
Total Days on Market
8
Current Estimated Value
$1,072,171

Purchase Details

Listed on
Jul 18, 2017
Closed on
Sep 6, 2017
Sold by
Shaghai Investments Llc
Bought by
Anelli Maria C and Annelli Joan V
Seller's Agent
Kelli Vanevenhoven
COLDWELL BANKER BLACKSTONE RTY
Buyer's Agent
Laura Dandoy
The Real Estate Resource Group
List Price
$669,900
Sold Price
$669,000
Premium/Discount to List
-$900
-0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$424,000
Outstanding Balance
$358,456
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$726,787

Purchase Details

Listed on
Jul 18, 2017
Closed on
Aug 14, 2017
Sold by
Anelli John N
Bought by
Anelli Maria C
Seller's Agent
Kelli Vanevenhoven
COLDWELL BANKER BLACKSTONE RTY
Buyer's Agent
Laura Dandoy
The Real Estate Resource Group
List Price
$669,900
Sold Price
$669,000
Premium/Discount to List
-$900
-0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Outstanding Balance
$358,456
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$726,787

Purchase Details

Closed on
Feb 23, 2017
Sold by
Wintrode Victoria L
Bought by
Shanghai Investments Llc

Purchase Details

Closed on
Apr 1, 2008
Sold by
Wintrode Victoria L
Bought by
Wintrode Victoria L and Wintrode Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,527
Interest Rate
6.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 25, 2004
Sold by
Cascio Victoria L
Bought by
Wintrode Christopher and Cascio Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,600
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 18, 2002
Sold by
Peterson Robert J
Bought by
Cascio Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.6%

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
Anelli Joan V -- None Available
Anelli Maria C $665,000 Orange Coast Title Co
Anelli Maria C -- Orange Coast Title Co
Shanghai Investments Llc $435,000 Orange Coast Title Co
Wintrode Victoria L -- Equity Title
Wintrode Christopher -- --
Cascio Victoria L -- First American Title Company
Cascio Victoria $360,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anelli Maria C $424,000
Closed Anelli Maria C $85,500
Previous Owner Wintrode Victoria L $373,250
Previous Owner Wintrode Victoria L $391,527
Previous Owner Wintrode Christopher $387,142
Previous Owner Wintrode Christopher $96,000
Previous Owner Cascio Victoria L $308,600
Previous Owner Cascio Victoria $51,400
Previous Owner Cascio Victoria $296,000
Previous Owner Cascio Victoria $342,000
Previous Owner Peterson Robert J $190,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2017 09/07/17 Sold $669,000 -0.1% $255 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $669,900 -- $255 / 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 $8,062 $741,820 $259,637 $482,183
2023 $7,942 $727,274 $254,546 $472,728
2022 $7,772 $713,014 $249,555 $463,459
2021 $7,766 $699,034 $244,662 $454,372
2020 $7,555 $691,866 $242,153 $449,713
2019 $7,529 $678,300 $237,405 $440,895
2018 $7,344 $665,000 $232,750 $432,250
2017 $4,969 $449,258 $157,241 $292,017
2016 $4,752 $440,449 $154,158 $286,291
2015 $4,644 $433,833 $151,842 $281,991
2014 $4,524 $425,335 $148,868 $276,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17163724

California Regional Multiple Listing Service (CRMLS)

APN: 1045-561-21