NOT LISTED FOR SALE

12458 Michigan St Grand Terrace, CA 92313

Grand Terrace Area

Estimated Value: $701,000 - $801,000

8 Beds
4 Baths
2,648 Sq Ft
$278/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2019

Last sale price $465,000 $176 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,540 / mo

10 Days on Market

Highlights

  • 0.71 Acre Lot
  • Private Yard
  • Fenced
  • Traditional Architecture
  • Accessible Parking
  • Wall Furnace

About This Home

As of December 2019

4 single unit's property sitting on approx 3/4 acre lot. (2 bedroom 1 bath each unit ) great location between 215/60/10 one mile from each fwy 5 minutes walking distance to estate bros' Market and shopping center, 3 units are occupied, two tenants have been given a 30 day's notice to vacate. Units are separately metered for gas and electricity.

THIS UNITS ARE IDEAL FOR GREAT CASH FLOW OR BUYER'S LOOKING TO LIVE IN ONE UNIT AND RENT THE OTHER THREE. THIS PROPERTY HAS ENDLESS POTENTIAL.

Last Agent to Sell the Property

ALEX CASTILLO

CENTURY 21 PRIMETIME REALTORS License #01710845 Listed on: 11/05/2019

CENTURY 21 PRIMETIME REALTORS

Last Buyer's Agent

ALEX CASTILLO

CENTURY 21 PRIMETIME REALTORS License #01710845 Listed on: 11/05/2019

CENTURY 21 PRIMETIME REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 31,104 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Private Yard
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,648 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in Garage
  • Laundry Located Outside

Accessible Home Design

  • Accessible Parking

Utilities

  • Wall Furnace
  • No Utilities
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 28
  • Tax Tract Number 71
  • Assessor Parcel Number 1167181080000

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Trash Expense $58
  • Water Sewer Expense $102
  • New Taxes Expense $6,188
  • Operating Expense $8,996
  • Net Operating Income $39,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.71 Acres

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Unpaved
  • View: No
  • Water Sewer Expenses: 102.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 1167181080000
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 175.60
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Outside
  • Sewer: Public Sewer
  • Trash Expense: 58.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lot 20000-39999 Sqft, Yard
  • Lot Size Sq Ft: 31104.00
  • Lot Size Acres: 0.7140

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Gross Scheduled Income: 41000.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 31104.0000 Square Feet
  • Net Operating Income: 39400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1600.00
  • Rent Control: No
  • Total Expenses: 8995.50

Tax Info

  • New Taxes Expense: 6187.50
  • Tax Census Tract: 71.06
  • Tax Lot: 28
  • Tax Tract Number: 71.06

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Bought by
Current Estimated Value
$735,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,200
Interest Rate
0.0437%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,200
Interest Rate
0.0437%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2019
Closed on
Dec 2, 2019
Sold by
Bought by
Seller's Agent
ALEX CASTILLO
CENTURY 21 PRIMETIME REALTORS
Buyer's Agent
ALEX CASTILLO
CENTURY 21 PRIMETIME REALTORS
List Price
$489,900
Sold Price
$465,000
Premium/Discount to List
-$24,900
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Wfg National Title Co Of Ca
-- Wfg National Title Co Of Ca
$466,000 Western Resources Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $352,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/03/2019 12/03/19 Sold $465,000 0.0% $176 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
11/08/2019 11/08/19 Off Market $465,000 -- --
11/05/2019 11/05/19 For Sale $489,900 -- $185 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,503 $519,379 $178,484 $340,895
2025 $6,503 $509,195 $174,984 $334,211
2024 $6,205 $499,211 $171,553 $327,658
2023 $6,216 $489,422 $168,189 $321,233
2022 $6,262 $479,825 $164,891 $314,934
2021 $6,243 $470,417 $161,658 $308,759
2020 $6,361 $465,593 $160,000 $305,593
2019 $1,216 $87,941 $10,967 $76,974
2018 $1,039 $86,217 $10,752 $75,465
2017 $1,001 $84,526 $10,541 $73,985
2016 $1,024 $82,868 $10,334 $72,534
2015 $990 $81,623 $10,179 $71,444
2014 $954 $80,025 $9,980 $70,045
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    ALEX CASTILLO

    CENTURY 21 PRIMETIME REALTORS

    (909) 229-5731

    25 Total Sales

    ALEX CASTILLO
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19259360

California Regional Multiple Listing Service (CRMLS)

APN: 1167-181-08

California San Bernardino County Grand Terrace 92313

12458 Michigan St, Grand Terrace, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.