NOT LISTED FOR SALE

1320 Holly Ave Colton, CA 92324

Estimated Value: $601,000 - $731,000

3 Beds
2 Baths
2,650 Sq Ft
$242/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2014

Last sale price $40,000 $15 Per Sq Ft

Est. 1,501% increase in value since last sale

Current estimated payment $3,771 / mo

87 Days on Market

About This Home

As of December 2014

Great investment opportunity, 4UNITS, 4ELECTRIC METERS, 1WATER METER! 3 are 1BED/1BATH, the 4th is a 2BED/1BATH... Each unit has it's own indoor laundry, each has it's own garage. There is also a separate building for added storage. All units have tiled flooring. Big Lot 10500.
...DO NOT DISTURB TENANTS... DRIVE BY ONLY... Subject to inspection. Seller is very motivated, so please submit, all offers will be considered.

Last Agent to Sell the Property

Maggie Villa

Nationwide Real Estate Execs License #01849723 Listed on: 08/19/2014

Last Buyer's Agent

Allison Garvey

Coldwell Banker Realty License #01800233

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 10,500 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,650 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2118
  • Assessor Parcel Number 0164022400000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Maintenance Expense $120
  • Trash Expense $50
  • Water Sewer Expense $150
  • New Taxes Expense $2,410
  • Operating Expense $3,840
  • Gross Income $3,100
  • Net Operating Income $32,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

10,500 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Parcel Number: 0164022400000
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Price Per Square Foot: 15.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10500.00
  • Lot Size Acres: 0.2410

Multi Family

  • Gross Income: 3100.00
  • Gross Scheduled Income: 36720.00
  • Insurance Expense: 500.00
  • Lot Size Area: 10500.0000 Square Feet
  • Maintenance Expense: 120.00
  • Net Operating Income: 32880.00
  • 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: 3840.00
  • Rent Control: No
  • Total Expenses: 3840.00

Tax Info

  • New Taxes Expense: 2410.00
  • Tax Lot: 15
  • Tax Tract Number: 2118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Venegas Alfredo and Venegas Maria
Bought by
Venegas Family Trust and Venegas
Current Estimated Value
$640,250

Purchase Details

Listed on
Aug 19, 2014
Closed on
Dec 11, 2014
Sold by
Mena Lucina
Bought by
Venegas Alfredo and Venegas Maria
Seller's Agent
Maggie Villa
Nationwide Real Estate Execs
Buyer's Agent
Allison Garvey
Coldwell Banker Realty
List Price
$469,000
Sold Price
$40,000
Premium/Discount to List
-$429,000
-91.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.67%
Original Mortgage
$225,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2008
Sold by
Us Bank National Association
Bought by
Mena Lucina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2008
Sold by
Ortiz Angel David
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2008
Sold by
Ortiz Angel David
Bought by
Hernandez Sergio

Purchase Details

Closed on
Sep 27, 2005
Sold by
Killingsworth Greg
Bought by
Ortiz Angel David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2003
Sold by
Parke Ernest K
Bought by
Killingsworth Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Venegas Family Trust -- None Listed On Document
Venegas Alfredo $300,000 Old Republic Title
Mena Lucina $170,000 Lsi Title Agency
Us Bank National Association $470,476 Commonwealth Temecula
Hernandez Sergio -- None Available
Ortiz Angel David $525,000 Southland Title Of Burbank
Killingsworth Greg $295,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venegas Alfredo $225,000
Previous Owner Mena Lucina $119,000
Previous Owner Ortiz Angel David $472,500
Previous Owner Killingsworth Greg $280,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $40,000 -91.5% $15 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $469,000 -- $177 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,529 $360,553 $90,138 $270,415
2024 $4,322 $353,484 $88,371 $265,113
2023 $4,334 $346,553 $86,638 $259,915
2022 $4,273 $339,758 $84,939 $254,819
2021 $4,360 $333,097 $83,274 $249,823
2020 $4,379 $329,681 $82,420 $247,261
2019 $4,261 $323,217 $80,804 $242,413
2018 $4,192 $316,880 $79,220 $237,660
2017 $4,047 $310,667 $77,667 $233,000
2016 $4,148 $304,575 $76,144 $228,431
2015 $2,462 $182,154 $37,503 $144,651
2014 $2,378 $178,585 $36,768 $141,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14178652

California Regional Multiple Listing Service (CRMLS)

APN: 0164-022-40

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