NOT LISTED FOR SALE

1308 Holly Ave Colton, CA 92324

Estimated Value: $428,000 - $535,000

2 Beds
1 Bath
1,632 Sq Ft
$292/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $118,500 $73 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $2,679/month

107 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • Wall Furnace
  • Laundry Room
  • Carpet

About This Home

As of September 2012

Units are both tenant occupied and subject to interior inspection. Property is a short sale and subject to lender approval of all terms and conditions. Bank will approve @ $120,000.....Great Deal!!

Last Agent to Sell the Property

LAURIE OLMEDO

DYNASTY REAL ESTATE License #01145566 Listed on: 02/08/2012

Last Buyer's Agent

LAURIE OLMEDO

DYNASTY REAL ESTATE License #01145566 Listed on: 02/08/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 1961

Lot Details

  • 5,460

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available

Interior Spaces

  • 1,632 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • 5,460 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 2118
  • Assessor Parcel Number 0164022030000

Community Details

Overview

  • No Home Owners Association
  • 1,816 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $975
  • Insurance Expense $785
  • Trash Expense $300
  • Water Sewer Expense $1,440
  • New Taxes Expense $1,600
  • Gross Income $1,900
  • Net Operating Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,765

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Number: 909 917-4771
  • View: No
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Gardener Expense: 975.00
  • Parcel Number: 0164022030000
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 72.61

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5460.00
  • Lot Size Acres: 0.1300

Multi Family

  • Average2 Bed Area: 816
  • Gross Income: 1900.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 785.00
  • Lot Size Area: 5460.0000 Square Feet
  • Net Operating Income: 20700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2100.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1600.00
  • Taxes Percent: 1.25
  • Tax Lot: 19
  • Tax Tract Number: 2118
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2012
Closed on
Sep 15, 2012
Sold by
Estrada Crispin Gomez
Bought by
Gomez Emilia
Seller's Agent
LAURIE OLMEDO
DYNASTY REAL ESTATE
Buyer's Agent
LAURIE OLMEDO
DYNASTY REAL ESTATE
List Price
$135,900
Sold Price
$118,500
Premium/Discount to List
-$17,400
-12.8%
Total Days on Market
107
Current Estimated Value
$477,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,518
Avg. Annual Appreciation
11.33%
Original Mortgage
$88,875
Outstanding Balance
$62,529
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$403,620

Purchase Details

Listed on
Feb 8, 2012
Closed on
Aug 17, 2012
Sold by
Vega Ramon
Bought by
Gomez Emilia
Seller's Agent
LAURIE OLMEDO
DYNASTY REAL ESTATE
Buyer's Agent
LAURIE OLMEDO
DYNASTY REAL ESTATE
List Price
$135,900
Sold Price
$118,500
Premium/Discount to List
-$17,400
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,875
Outstanding Balance
$62,529
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$403,620

Purchase Details

Closed on
May 26, 2006
Sold by
Vega Concepcion
Bought by
Vega Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2005
Sold by
Marshall Agnes G
Bought by
Vega Ramon and Vega Concepcion

Purchase Details

Closed on
Jun 30, 2000
Sold by
Van De Loop Norbert A Trust
Bought by
Marshall Agnes G

Purchase Details

Closed on
Oct 26, 1994
Sold by
Patricia A Carriere Trust
Bought by
Norbert A Vandeloop Trust
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
Gomez Emilia -- Title 365
Gomez Emilia $119,000 Title 365
Vega Ramon -- Security Union
Vega Ramon $325,000 Ticor Title Company
Marshall Agnes G -- --
Norbert A Vandeloop Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Emilia $88,875
Previous Owner Vega Ramon $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2012 09/14/12 Sold $118,500 -12.8% $73 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $135,900 -- $83 / 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 $1,765 $143,667 $32,597 $111,070
2023 $1,770 $140,850 $31,958 $108,892
2022 $1,745 $138,088 $31,331 $106,757
2021 $1,780 $135,381 $30,717 $104,664
2020 $1,788 $133,993 $30,402 $103,591
2019 $1,740 $131,366 $29,806 $101,560
2018 $1,712 $128,791 $29,222 $99,569
2017 $1,653 $126,266 $28,649 $97,617
2016 $1,694 $123,790 $28,087 $95,703
2015 $1,641 $121,930 $27,665 $94,265
2014 $1,585 $119,541 $27,123 $92,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12018972

California Regional Multiple Listing Service (CRMLS)

APN: 0164-022-03