$358,000
SOLD MAR 3, 2016

129 E G St Colton, CA 92324

8 Beds
4 Baths
3,110 Sq Ft
8,400 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

13% Below List Price

36 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 4-minute walk to Fleming Park

About This Home

As of August 2017

4 unit residential income property in the heart of Colton. This is an opportunity to live in one and rent the others or to use solely as an investment property. Two units are currently rented and the upstairs units are recently lightly remodeled and ready to be rented.

Last Agent to Sell the Property

NICHOLE DIAZ

BARR REALTY License #01912228 Listed on: 12/18/2015

Last Buyer's Agent

NICHOLE DIAZ

BARR REALTY License #01912228 Listed on: 12/18/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,313

Year Built

  • Built in 1905

Lot Details

  • 8,400 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 4 Car Garage

Interior Spaces

  • 3,110 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 78
  • Assessor Parcel Number 0162101130000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $480
  • Gardener Expense $1,200
  • Insurance Expense $1,400
  • Trash Expense $1,068
  • Water Sewer Expense $1,680
  • New Taxes Expense $3,312
  • Gross Income $2,578
  • Net Operating Income $30,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,313

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Water Sewer Expenses: 1680.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 0162101130000
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 115.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 1068.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Suburban

Lot Info

  • Lot Size Sq Ft: 8400.00
  • Price Per Lot Square Foot: 42.62
  • Lot Size Acres: 0.1930

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 2578.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 8400.0000 Square Feet
  • Net Operating Income: 30940.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9860.00
  • Rent Control: No
  • Total Actual Rent: 1600.00

Tax Info

  • New Taxes Expense: 3312.00
  • Tax Lot: 23
  • Tax Tract Number: 78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2019
Sold by
Chauhan Darshan D and Chauhan Joseline P
Bought by
Akber Jamal
Current Estimated Value
$855,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,396
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 4, 2017
Closed on
Aug 28, 2017
Sold by
Cervantes Ramiro
Bought by
Chauhan Darshan D and Chauhan Joseline P
Seller's Agent
Andres Barrera
Gateway California Realty
Buyer's Agent
Farzana Naeem
Action Real Estate Group
List Price
$489,900
Sold Price
$455,000
Premium/Discount to List
-$34,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$446,758
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 18, 2015
Closed on
Feb 12, 2016
Sold by
Cervantes Rosa Maria
Bought by
Cervantes Ramiro
Seller's Agent
NICHOLE DIAZ
BARR REALTY
Buyer's Agent
NICHOLE DIAZ
BARR REALTY
List Price
$410,000
Sold Price
$358,000
Premium/Discount to List
-$52,000
-12.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.46%

Purchase Details

Closed on
Jul 18, 2013
Sold by
Shining Star Llc
Bought by
Davidson James A and James A Davidson Living Trust

Purchase Details

Closed on
Apr 5, 2011
Sold by
Khoury Daniel and Haddad Maha
Bought by
Shining Star Llc

Purchase Details

Closed on
Mar 18, 2011
Sold by
Velazquez Toby and Velazquez Rocio
Bought by
Khoury Daniel and Haddad Maha

Purchase Details

Closed on
Feb 7, 2009
Sold by
Davidson James A
Bought by
Cervantes Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2004
Sold by
Soeter John Matthew and Soeter Grace Kim
Bought by
Velazquez Toby and Velazquez Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2002
Sold by
Jpmorgan Chase Bank
Bought by
State Street Bank & Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.51%

Purchase Details

Closed on
Jun 14, 2002
Sold by
State Street Bank & Trust Co
Bought by
Soeter John Matthew and Soeter Grace Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.51%

Purchase Details

Closed on
Oct 25, 2001
Sold by
Espinoza Lisa
Bought by
Chase Bank Of Texas National Assn and Texas Commerce Bank Na
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $475,000 Western Resources Title Co
Interfamily Deed Transfer -- Western Resources Title Co
Grant Deed $455,000 Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $265,000 Chicago Title Company
Quit Claim Deed -- Chicago Title
Grant Deed $170,000 First American Title Company
Grant Deed $358,000 Lawyers Title Ie
Individual Deed $323,000 Southland Title
Grant Deed -- Fidelity National Title Co
Grant Deed $143,000 Fidelity National Title Co
Trustee Deed $140,962 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $630,000 New Conventional
Closed $468,503 FHA
Closed $467,765 FHA
Closed $466,396 FHA
Previous Owner $446,758 FHA
Previous Owner $268,500 New Conventional
Previous Owner $412,500 Unknown
Previous Owner $383,000 Unknown
Previous Owner $258,400 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $455,000 -7.1% $147 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $489,900 +36.8% $158 / Sq Ft
03/03/2016 03/03/16 Sold $358,000 -12.7% $115 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
12/18/2015 12/18/15 For Sale $410,000 -- $132 / 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 $6,313 $529,871 $156,172 $373,699
2024 $6,313 $519,482 $153,110 $366,372
2023 $6,331 $509,296 $150,108 $359,188
2022 $6,241 $499,310 $147,165 $352,145
2021 $6,369 $489,519 $144,279 $345,240
2020 $6,873 $484,500 $142,800 $341,700
2019 $6,082 $464,100 $137,700 $326,400
2018 $5,984 $455,000 $135,000 $320,000
2017 $4,736 $365,160 $109,140 $256,020
2016 $3,732 $274,417 $56,955 $217,462
2015 $3,614 $270,295 $56,099 $214,196
2014 $3,489 $265,000 $55,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15264854

California Regional Multiple Listing Service (CRMLS)

APN: 0162-101-13