NOT LISTED FOR SALE

1353 Fairview Ave Colton, CA 92324

Estimated Value: $398,000 - $577,000

3 Beds
2 Baths
1,128 Sq Ft
$406/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $415,000 $368 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,803/month

57 Days on Market

About This Home

As of January 2023

Opportunity knocks Your Door. Own this Duplex in the city of Colton, Two units, Totally Independent one of the other, Independent Access. Front unit has 2 bedrooms, laminate floors. The bedrooms have big closets. Roof about four year old. Double pane windows. Piping and electrical systems about four year upgraded. Front of house has Brick and Iron Fence with sliding iron gate for privacy.
Back unit, Steel wide gate. Long concrete driveway, brick fence. 1 bedroom, 1 bath. Partial new piping. There is a metallic fence that divides the units but it has a door that can access to each other if desire. The pictures of back units are when the property was not occupied.
A/C converter unit was installed in each house this year. Plus couple of window A/C as well. Check with City of Colton, if they would allow building an ADU by the back unit. It has a big concrete patio.
Excellent location with easy access to all kind of shopping and freeways 215/210 and 10. DO NOT WAIT TO MAKE AN OFFER .

Last Agent to Sell the Property

Gloria Torres

CENTURY 21 PRIMETIME REALTORS License #01242993 Listed on: 09/04/2022

CENTURY 21 PRIMETIME REALTORS

Last Buyer's Agent

EMILIA GOMEZ

REALTY WORLD CALIFORNIA PROPERTIES License #01248532

REALTY WORLD CALIFORNIA PROPERTIES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 5,480 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,128 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Listing and Financial Details

  • Tenant pays for electricity, grounds care, gas
  • Tax Lot 25
  • Tax Tract Number 2118
  • Assessor Parcel Number 0164022240000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $950
  • Trash Expense $45
  • Water Sewer Expense $45
  • New Taxes Expense $2,654
  • Operating Expense $90
  • Gross Income $38,400
  • Net Operating Income $36,960

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 45.00
  • Property Type: Residential Income
  • Parcel Number: 0164022240000
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 367.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 45.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5480.00
  • Lot Size Acres: 0.1258

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Gas

Multi Family

  • Gross Income: 38400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 950.00
  • Lot Size Area: 5480.0000 Square Feet
  • Net Operating Income: 36960.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1440.00
  • Rent Control: No
  • Total Actual Rent: 2100.00
  • Total Expenses: 90.00

Tax Info

  • New Taxes Expense: 2654.00
  • Tax Lot: 25
  • Tax Tract Number: 2118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2022
Sold by
Gonzalez Gloribel
Bought by
Ojeda Emanuel and Ojeda Norma Y
Current Estimated Value
$457,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 24, 2022
Sold by
Gloribel Gonzalez
Bought by
Gonzalez Gloribel and Gomez Karen Liseth

Purchase Details

Closed on
Sep 21, 2021
Sold by
Morfin Sergio Gonzalez and Gonzalez Gloribel
Bought by
Gonzalez Gloribel

Purchase Details

Closed on
Apr 3, 2021
Sold by
Gonzalez Sergio and Gonzalez Gloribel
Bought by
Morfin Sergio Gonzalez and Gonzalez Gloribel

Purchase Details

Listed on
Jan 22, 2016
Closed on
Mar 30, 2016
Sold by
Romo Rigoberto and Ordaz Elva G
Bought by
Gonzalez Sergio and Gonzalez Gloribel
Seller's Agent
Gloria Torres
CENTURY 21 PRIMETIME REALTORS
Buyer's Agent
Gloria Torres
CENTURY 21 PRIMETIME REALTORS
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$152,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2011
Sold by
Ibanez Ruben N and Ibanez Maria L
Bought by
Romo Rigoberto and Ordaz Elva G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2004
Sold by
Wagner Jack R and Wagner Sandra N
Bought by
Ibanez Ruben N and Ibanez Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2002
Sold by
Wagner Jack R and Wagner Sandra N
Bought by
Wagner Jack R and Wagner Sandra N
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
Ojeda Emanuel $415,000 Lawyers Title
Gonzalez Gloribel -- Accommodation/Courtesy Recordi
Gonzalez Gloribel -- Fidelity National Title Co
Morfin Sergio Gonzalez -- Accommodation
Morfin Sergio Gonzalez -- None Available
Gonzalez Sergio $190,000 Fidelity National Title Co
Romo Rigoberto $77,000 Orange Coast Title Co
Ibanez Ruben N $220,000 First American
Wagner Jack R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ojeda Emanuel $332,000
Previous Owner Gonzalez Sergio $152,000
Previous Owner Romo Rigoberto $57,750
Previous Owner Ibanez Ruben N $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2023 01/06/23 Sold $415,000 -7.8% $368 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
09/04/2022 09/04/22 For Sale $450,000 +136.8% $399 / Sq Ft
04/01/2016 04/01/16 Sold $190,000 -5.0% $168 / Sq Ft View Prior Sale
02/26/2016 02/26/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $199,900 -- $177 / 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 $5,138 $431,766 $130,050 $301,716
2024 $5,138 $423,300 $127,500 $295,800
2023 $2,699 $216,189 $43,238 $172,951
2022 $2,661 $211,950 $42,390 $169,560
2021 $2,715 $207,794 $41,559 $166,235
2020 $2,727 $205,663 $41,133 $164,530
2019 $2,653 $201,630 $40,326 $161,304
2018 $2,611 $197,676 $39,535 $158,141
2017 $2,520 $193,800 $38,760 $155,040
2016 $1,129 $81,699 $19,098 $62,601
2015 $1,094 $80,472 $18,811 $61,661
2014 $1,057 $78,896 $18,443 $60,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22194521

California Regional Multiple Listing Service (CRMLS)

APN: 0164-022-24