NOT LISTED FOR SALE

Estimated Value: $966,000 - $1,398,502

2 Beds
2 Baths
3,838 Sq Ft
$291/Sq Ft Est. Value

Last Sold May 14, 2012

Last sale price $415,000 $108 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $6,459/month

108 Days on Market

About This Home

As of May 2012

Beautiful four unit in prime location. Managed by professional management company.
Resort style complex includes swimming pools,tennis,basket ball & volley ball courts.
HOA dues $1,190. covers property management,water,trash,insurance and gardening.
Loma Linda and Redland College near by. All units have enclosed garage.
Two with 2 car garage and two with 1 car garage.
One 3 bedroom,two 2 bedroom and one 1 bedroom.
Buyer to verify all info.
Offer is subject to cancellation of previous escrow.

Last Agent to Sell the Property

Hun Min Hwang

168 Realty Inc. License #01044624 Listed on: 01/23/2012

Last Buyer's Agent

Zachary McCrea

Trojan Financial Solutions License #01255209

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,010

Year Built

  • Built in 1979

Lot Details

  • 10,010 Sq Ft Lot

Parking

  • 6 Car Garage

Home Design

  • 3,838 Sq Ft Home

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 9960
  • Assessor Parcel Number 0293201170000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $25,073

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,010

Year Built

Built in 1979

Lot Details

0

Parking

6

Listing Details

  • Other Phone Description: 951-712-3872
  • Property Type: Residential Income
  • Parcel Number: 0293201170000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 108.13

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Lot Info

  • Lot Size Sq Ft: 10010.00
  • Lot Size Acres: 0.2300

Multi Family

  • Gross Scheduled Income: 43222.00
  • Lot Size Area: 10010.0000 Square Feet
  • Net Operating Income: 25073.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 18149.00
  • Rent Control: No

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 9960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2021
Sold by
Hathaway James E and Hathaway Lee Alison
Bought by
Hathaway James E and Hathaway Lee Alison
Current Estimated Value
$1,118,376

Purchase Details

Listed on
Jan 23, 2012
Closed on
Mar 19, 2012
Sold by
Lee David C
Bought by
Hathaway James E and Hathaway Lee Alison
Seller's Agent
Hun Min Hwang
168 Realty Inc.
Buyer's Agent
Zachary McCrea
Trojan Financial Solutions
List Price
$439,000
Sold Price
$415,000
Premium/Discount to List
-$24,000
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$291,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2007
Sold by
Sim Lee David C and Sim Lee Chong
Bought by
Sim Lee David C and Sim Lee Chong

Purchase Details

Closed on
Sep 26, 2003
Sold by
Ray Michael
Bought by
Sim Lee David C and Sim Lee Chong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1998
Sold by
United Companies Lending Corp
Bought by
Ray Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.11%

Purchase Details

Closed on
May 30, 1997
Sold by
Stjames Michael John
Bought by
United Companies Lending Corp

Purchase Details

Closed on
Oct 31, 1995
Sold by
Frailey Dale C
Bought by
Stjames Michael John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,200
Interest Rate
8.37%
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 Buyer Sale Price Title Company
Hathaway James E -- None Available
Hathaway James E $415,000 Chicago Title Company
Sim Lee David C -- None Available
Sim Lee David C $425,000 Nti
Ray Michael $182,500 Orange Coast Title
United Companies Lending Corp $190,000 Benefit Land Title Ins Co
Stjames Michael John $316,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hathaway James E $291,750
Previous Owner Sim Lee David C $297,500
Previous Owner Ray Michael $146,000
Previous Owner Stjames Michael John $253,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2012 05/14/12 Sold $415,000 -5.5% $108 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $439,000 -- $114 / 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 $6,010 $511,043 $73,885 $437,158
2024 $6,010 $501,022 $72,436 $428,586
2023 $6,003 $491,198 $71,016 $420,182
2022 $5,917 $481,567 $69,624 $411,943
2021 $6,024 $472,125 $68,259 $403,866
2020 $5,936 $467,284 $67,559 $399,725
2019 $5,772 $458,121 $66,234 $391,887
2018 $5,629 $449,138 $64,935 $384,203
2017 $5,583 $440,332 $63,662 $376,670
2016 $5,520 $431,698 $62,414 $369,284
2015 $5,480 $425,213 $61,476 $363,737
2014 $5,382 $416,884 $60,272 $356,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: H12010051

California Regional Multiple Listing Service (CRMLS)

APN: 0293-201-17