NOT LISTED FOR SALE

1359 Jasper Ave Mentone, CA 92359

North Redlands Neighborhood

Estimated Value: $455,000 - $773,000

4 Beds
3 Baths
1,972 Sq Ft
$308/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $590,000 $299 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,929/month

100 Days on Market

Highlights

  • RV Access or Parking
  • 0.5 Acre Lot
  • Hiking Trails
  • Senior Community
  • No HOA
  • Circular Driveway

About This Home

As of June 2022

Great opportunity to own 2 homes on a large lot in Mentone. This property is rented for over $4000 total per month in income. Plenty of room for both tenants and parking plus possible room to build additional structures on this giant lot. Great views and a great location. Do not disturb current tenants leases are in place and occupancy will be continued until leases expire.

Last Agent to Sell the Property

Wendell Turner

ABSOLUTE ADVANTAGE REALTY License #01226922 Listed on: 11/17/2021

Last Buyer's Agent

Nasheen Noor

Keller Williams Realty License #02039405

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,463

Year Built

  • Built in 1927

Lot Details

  • 0.5 Acre Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Attached Carport
  • Parking Available
  • Circular Driveway
  • RV Access or Parking

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 20
  • Tax Tract Number 2112
  • Assessor Parcel Number 0298032100000
  • $300 per year additional tax assessments

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 3 Buildings
  • 2 Units
  • Foothills

Recreation

  • Hiking Trails

Building Details

  • 2 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Supplies Expense $100
  • Trash Expense $500
  • New Taxes Expense $6,500
  • Operating Expense $8,000
  • Gross Income $48,600
  • Net Operating Income $40,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,463

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Price Per Unit: 297500
  • Property Attached: No
  • Supplies Expense: 100.00
  • Zoning: RS
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0298032100000
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 299.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Driveway, RV Access/Parking

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Conventional Septic
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Foothills, Hiking, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 21760.00
  • Lot Size Acres: 0.4995

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average3 Bed Area: 1400 Square Feet
  • Gross Income: 48600.00
  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 900.00
  • Lot Size Area: 21760.0000 Square Feet
  • Net Operating Income: 40600.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8000.00
  • Rent Control: Yes
  • Total Actual Rent: 48600.00
  • Total Expenses: 8000.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Census Tract: 86.01
  • Tax Lot: 20
  • Tax Tract Number: 2112
  • TaxOtherAnnualAssessmentAmount: 300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Jul 1, 2022
Sold by
Andrew Mccormick
Bought by
Anvi California Llc
Seller's Agent
Wendell Turner
ABSOLUTE ADVANTAGE REALTY
Buyer's Agent
Nasheen Noor
Keller Williams Realty
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%
Current Estimated Value
$606,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,950
Avg. Annual Appreciation
0.85%

Purchase Details

Listed on
Apr 1, 2020
Closed on
Jul 1, 2020
Sold by
Fannie Mae
Bought by
Wells Marie Theresa and The Marie Theresa Wells Living
Seller's Agent
Jeff Teel
BOYD REALTORS
Buyer's Agent
Wendell Turner
ABSOLUTE ADVANTAGE REALTY
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.08%

Purchase Details

Closed on
Mar 5, 2020
Sold by
Reverse Mortgage Funimng Llcc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 5, 2020
Sold by
Sewell Robert J and Sewell Thelma
Bought by
Reverse Mortgage Funding Llc
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
Anvi California Llc -- Accommodation/Courtesy Recordi
Wells Marie Theresa $335,000 Servicelink
Federal National Mortgage Association -- Accommodation
Reverse Mortgage Funding Llc $376,299 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sewell Robert J $544,185
Previous Owner Sewell Robert J $80,647
Previous Owner Sewell Robert J $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $590,000 -0.8% $299 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/06/2022 02/06/22 Price Changed $595,000 0.0% $302 / Sq Ft
02/06/2022 02/06/22 For Sale $595,000 +0.8% $302 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/13/2021 12/13/21 Off Market $590,000 -- --
12/01/2021 12/01/21 Price Changed $549,900 -7.6% $279 / Sq Ft
11/17/2021 11/17/21 For Sale $595,000 +77.6% $302 / Sq Ft
07/02/2020 07/02/20 Sold $335,000 +0.8% $170 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $332,500 -5.0% $169 / Sq Ft
05/30/2020 05/30/20 For Sale $350,000 0.0% $177 / Sq Ft
05/07/2020 05/07/20 For Sale $350,000 0.0% $177 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
04/09/2020 04/09/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $350,000 -- $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 $7,463 $616,292 $125,348 $490,944
2024 $7,463 $604,208 $122,890 $481,318
2023 $8,525 $592,360 $120,480 $471,880
2022 $4,209 $367,200 $71,400 $295,800
2021 $5,514 $335,000 $100,000 $235,000
2020 $822 $52,158 $11,466 $40,692
2019 $1,004 $51,135 $11,241 $39,894
2018 $630 $50,133 $11,021 $39,112
2017 $625 $49,150 $10,805 $38,345
2016 $618 $48,186 $10,593 $37,593
2015 $614 $47,462 $10,434 $37,028
2014 $592 $46,533 $10,230 $36,303
Source: Public Records

Agents Affiliated with this Home

  • Wendell Turner

    Seller's Agent in 2022

    Wendell Turner

    ABSOLUTE ADVANTAGE REALTY

    (909) 721-0714

    1 in this area

    109 Total Sales

    Section Image
  • Nasheen Noor

    Buyer's Agent in 2022

    Nasheen Noor

    Keller Williams Realty

    (949) 423-9483

    2 in this area

    32 Total Sales

    Section Image
  • Jeff Teel

    Seller's Agent in 2020

    Jeff Teel

    BOYD REALTORS

    (951) 315-9253

    38 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21251321

California Regional Multiple Listing Service (CRMLS)

APN: 0298-032-10

California San Bernardino County Mentone 92359 North Redlands

1359 Jasper Ave, Mentone, CA

This home is located at 1359 Jasper Ave, Mentone, CA 92359 since 17 November 2021 and is currently estimated at $606,950, approximately $307 per square foot. This property was built in 1927. 1359 Jasper Ave is a home located in San Bernardino County with nearby schools including Mentone Elementary School, Clement Middle School, and Redlands East Valley High School.

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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