NOT LISTED FOR SALE

1308 E 7th St Beaumont, CA 92223

Estimated Value: $344,000 - $484,000

4 Beds
2 Baths
1,600 Sq Ft
$260/Sq Ft Est. Value

Last Sold July 22, 2013

Last sale price $150,000 $94 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $2,418/month

60 Days on Market

Highlights

  • No HOA
  • West Facing Home
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • 1-Story Property

About This Home

As of July 2013

Property is located near 10 freeway in Beaumont. Currently 100% leased for the last 3 years excellent income. Property was remodeled 2009 features eat in kitchen tile floors. Each unit has its own garage and side yard. Seller Motivated.

Last Agent to Sell the Property

Dennis Arterberry

Berkshire Hathaway Homeservices California Realty License #01331593 Listed on: 05/20/2013

Berkshire Hathaway Homeservices California Realty

Last Buyer's Agent

JIM CAVANAUGH

CENTURY 21 TOP PRODUCERS License #01499369

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Unassigned Parking

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 811
  • Assessor Parcel Number 419222005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $240
  • Water Sewer Expense $240
  • Operating Expense $480
  • Gross Income $1,452
  • Net Operating Income $16,884

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,575

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Water Sewer Expenses: 240.00
  • Property Type: Residential Income
  • Parcel Number: 419222005
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 93.75
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: West
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 240.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Average2 Bed Area: 800
  • Gross Income: 1452.00
  • Gross Scheduled Income: 17424.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 16884.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 540.00
  • Rent Control: No
  • Total Expenses: 480.00

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 811
  • Tax Annual Amount: 1575.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Feenstra Brandon J and Feenstra Breanna J
Bought by
Feenstra Brandon J and Feenstra Breanna J
Current Estimated Value
$416,634

Purchase Details

Listed on
May 20, 2013
Closed on
Jun 19, 2013
Sold by
Karim George and Karim Ramona
Bought by
Feenstra Brandon J and Feenstra Breanna J
Seller's Agent
Dennis Arterberry
Berkshire Hathaway Homeservices California Realty
Buyer's Agent
JIM CAVANAUGH
CENTURY 21 TOP PRODUCERS
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$120,000
Outstanding Balance
$26,218
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$390,416

Purchase Details

Closed on
Sep 11, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Karim George and Karim Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2007
Sold by
Perez Santiago Macias
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
May 21, 2006
Sold by
Macias Hilda
Bought by
Perez Santiago Macias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.82%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 22, 2005
Sold by
Pandrea Daniel
Bought by
Macias Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 1996
Sold by
Eight Street Manor Corp
Bought by
Pandrea Daniel

Purchase Details

Closed on
Feb 2, 1996
Sold by
Redlands Federal Bank Fsb
Bought by
Eighth Street Manor Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 1995
Sold by
Prieto Jack and Prieto Genevieve
Bought by
Redlands Federal Bank Fsb
Source: Public Records

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
Feenstra Brandon J -- None Available
Feenstra Brandon J $150,000 First American Title Co
Karim George $110,500 None Available
Deutsche Bank National Trust Co $267,750 Landsafe Title
Perez Santiago Macias $352,000 Fidelity National Title Co
Macias Hilda $275,000 Commonwealth Land Title Co
Pandrea Daniel -- Continental Title
Eighth Street Manor Corp $23,000 First American Title Ins Co
Redlands Federal Bank Fsb -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feenstra Brandon J $120,000
Previous Owner Karim George $82,500
Previous Owner Perez Santiago Macias $280,000
Previous Owner Macias Hilda $220,000
Previous Owner Eighth Street Manor Corp $41,000
Closed Macias Hilda $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2013 07/22/13 Sold $150,000 -9.1% $94 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $165,000 -- $103 / 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 $2,402 $183,864 $36,767 $147,097
2023 $2,402 $176,727 $35,341 $141,386
2022 $2,366 $173,263 $34,649 $138,614
2021 $2,321 $169,867 $33,970 $135,897
2020 $2,556 $168,126 $33,622 $134,504
2019 $2,261 $164,830 $32,963 $131,867
2018 $2,252 $161,599 $32,318 $129,281
2017 $2,216 $158,432 $31,685 $126,747
2016 $2,158 $155,326 $31,064 $124,262
2015 $2,122 $152,996 $30,599 $122,397
2014 $2,124 $150,000 $30,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Dennis Arterberry

    Seller's Agent in 2013

    Dennis Arterberry

    Berkshire Hathaway Homeservices California Realty

    (909) 307-5665

    4 in this area

    51 Total Sales

    Dennis Arterberry
    Section Image

  • J

    Buyer's Agent in 2013

    JIM CAVANAUGH

    CENTURY 21 TOP PRODUCERS

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV13093580

California Regional Multiple Listing Service (CRMLS)

APN: 419-222-005

California Riverside County Beaumont 92223

1308 E 7th St, Beaumont, CA

This home is located at 1308 E 7th St, Beaumont, CA 92223 since 20 May 2013 and is currently estimated at $416,634, approximately $260 per square foot. This property was built in 1961. 1308 E 7th St is a home located in Riverside County with nearby schools including Sundance Elementary School, San Gorgonio Middle School, and Beaumont Senior High School.

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

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