NOT LISTED FOR SALE

1347 Fairview Ave Colton, CA 92324

Estimated Value: $630,000 - $862,000

8 Beds
4 Baths
2,998 Sq Ft
$247/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2017

Last sale price $435,000 $145 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,479 / mo

74 Days on Market

About This Home

As of April 2017

WELCOME 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.

Last Agent to Sell the Property

LUZ ALVAREZ

INTERNATIONAL REAL ESTATE SVCS License #01317304 Listed on: 12/08/2016

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY License #01800021

RE/MAX 2000 REALTY

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,730

Year Built

Built in 1938

Lot Details

10,800 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1320.00
  • Architectural Style: Contemporary
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0164022410000
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 145.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Community Structure
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10800.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 1320.00
  • Rent Control: No
  • Total Actual Rent: 3400.00
  • Total Expenses: 7050.00

Tax Info

  • New Taxes Expense: 4730.00
  • Tax Census Tract: 70.00
  • Tax Lot: 26
  • Tax Tract Number: 2118
  • Tax Annual Amount: 4730.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2019
Sold by
Bought by
Current Estimated Value
$742,717

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
0.036%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2019
Sold by
Bought by

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
0.046%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 8, 2016
Closed on
Apr 26, 2017
Sold by
Bought by
Seller's Agent
LUZ ALVAREZ
INTERNATIONAL REAL ESTATE SVCS
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
5.93%
Original Mortgage
$326,250
Interest Rate
0.043%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 13, 2004
Sold by
Bought by

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
0.0137%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 18, 2004
Sold by
Bought by

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
0.0137%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 17, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Orange Coast Title Co
$422,000 Orange Coast Title Co
$435,000 Lawyers Title
-- None Available
-- Accommodation
-- --
-- Fidelity National Title Co
$380,500 Fidelity National Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $326,250
Closed $422,000
Closed $326,250
Closed $304,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,896 $470,749 $94,819 $375,930
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

  • L

    Seller's Agent in 2017

    LUZ ALVAREZ

    INTERNATIONAL REAL ESTATE SVCS

    (562) 879-5418

    3 Total Sales

    LUZ ALVAREZ
    Section Image
  • Kristopher German

    Buyer's Agent in 2017

    Kristopher German

    RE/MAX

    (909) 645-0443

    129 Total Sales

    Kristopher German
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16758968

California Regional Multiple Listing Service (CRMLS)

APN: 0164-022-41

California San Bernardino County Colton 92324

1347 Fairview Ave, Colton, CA

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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