1347 Fairview Ave Colton, CA 92324
Estimated Value: $702,356 - $839,000
8
Beds
4
Baths
2,998
Sq Ft
$263/Sq Ft
Est. Value
About This Home
As of April 2017WELCOME TO THIS INCREDIBLE DEAL, 4 UNITS IN A LOT. LIVE IN ONE AND COLLECT RENT FOR 3 OTHERS, THE 2 FRONT UNITS
ARE TWO BEDROOMS - 1 BATHROOM. THE TWO BACK UNITS ONE IS 3 BEDROOMS- 1 BATHROOM AND 1 BEDROOM AND 1 BATHROOM.
THERE IS A BIG BACK YARD. SOME UPGRADES HAS BEEN DONE IN THE PROPERTY, CLOSE TO SHOPPING AND NEAR MAJOR FWYS AND PUBLIC TRANSPORTATION.
THIS IS A GREAT OPPORTUNITY FOR AN INVESTOR OR A BUYER THAT WANTS TO LIVE ALMOST FOR FREE.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,730
Year Built
- Built in 1938
Lot Details
- 10,800 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Carport
- Parking Available
- Assigned Parking
- Community Parking Structure
Home Design
- 2,998 Sq Ft Home
- Contemporary Architecture
- Quadruplex
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection
- Tax Lot 26
- Tax Tract Number 2118
- Assessor Parcel Number 0164022410000
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,000
- Water Sewer Expense $1,320
- New Taxes Expense $4,730
- Operating Expense $7,050
- Gross Income $40,800
- Net Operating Income $100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 25, 2019
Sold by
Group Xiii Properties Lp
Bought by
Group I El Monte Properties Ltd
Total Days on Market
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 24, 2019
Sold by
Porrata Ralph Orlando and Porrata Ralph
Bought by
Group Xiii Properties Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Listed on
Dec 8, 2016
Closed on
Apr 26, 2017
Sold by
Leudo Ricardo
Bought by
Porrata Ralph
Seller's Agent
LUZ ALVAREZ
CENTURY 21 KING
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$511,999
Sold Price
$435,000
Premium/Discount to List
-$76,999
-15.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$326,250
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 15, 2007
Sold by
Leudo Ricardo
Bought by
Leudo Ricardo and Hernandez Carlos
Purchase Details
Closed on
Mar 5, 2007
Sold by
Hernandez Carlos
Bought by
Leudo Ricardo
Purchase Details
Closed on
Sep 22, 2005
Sold by
Hernandez Carlos
Bought by
Hernandez Carlos and Leudo Ricardo
Purchase Details
Closed on
Sep 13, 2004
Sold by
Hernandez Laura
Bought by
Hernandez Carlos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,400
Interest Rate
1.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Aug 18, 2004
Sold by
Wagner Jack R
Bought by
Hernandez Carlos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,400
Interest Rate
1.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 17, 2002
Sold by
Wagner Jack R
Bought by
Wagner Jack R and Wagner Sandra N
Similar Homes in Colton, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Group I El Monte Properties Ltd | -- | Orange Coast Title Co | |
| Group Xiii Properties Lp | $422,000 | Orange Coast Title Co | |
| Porrata Ralph | $435,000 | Lawyers Title | |
| Leudo Ricardo | -- | None Available | |
| Leudo Ricardo | -- | Accommodation | |
| Hernandez Carlos | -- | -- | |
| Hernandez Carlos | -- | Fidelity National Title Co | |
| Hernandez Carlos | $380,500 | Fidelity National Title Co | |
| Wagner Jack R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Group I El Monte Properties Ltd | $326,250 | |
| Previous Owner | Group Xiii Properties Lp | $422,000 | |
| Previous Owner | Porrata Ralph | $326,250 | |
| Previous Owner | Hernandez Carlos | $304,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2017 04/28/17 | Sold | $435,000 | -3.3% | $145 / Sq Ft |
| 02/14/2017 02/14/17 | Price Changed | $449,999 | -8.2% | $150 / Sq Ft |
| 01/19/2017 01/19/17 | Price Changed | $489,999 | -2.0% | $163 / Sq Ft |
| 01/17/2017 01/17/17 | Price Changed | $499,999 | -2.3% | $167 / Sq Ft |
| 12/08/2016 12/08/16 | For Sale | $511,999 | -- | $171 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,625 | $461,519 | $92,960 | $368,559 |
| 2023 | $5,641 | $452,469 | $91,137 | $361,332 |
| 2022 | $5,561 | $443,597 | $89,350 | $354,247 |
| 2021 | $5,674 | $434,899 | $87,598 | $347,301 |
| 2020 | $5,700 | $430,440 | $86,700 | $343,740 |
| 2019 | $5,943 | $452,574 | $93,636 | $358,938 |
| 2018 | $5,847 | $443,700 | $91,800 | $351,900 |
| 2017 | $5,096 | $392,400 | $85,600 | $306,800 |
| 2016 | $4,730 | $347,900 | $75,900 | $272,000 |
| 2015 | $4,266 | $318,900 | $69,600 | $249,300 |
| 2014 | $4,003 | $303,700 | $66,300 | $237,400 |
Source: Public Records
Agents Affiliated with this Home
-
LUZ ALVAREZ
L
Seller's Agent in 2017
LUZ ALVAREZ
CENTURY 21 KING
(562) 879-5418
4 Total Sales
-
Kristopher German
Buyer's Agent in 2017
Kristopher German
RE/MAX
(909) 645-0443
1 in this area
111 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV16758968
APN: 0164-022-41
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