Seller's Agent in 2023
Mike Wallace
BETTER HOME FINANCIAL, INC
(909) 394-5626
6 in this area
21 Total Sales
137 E 1st St San Dimas, CA 91773
Estimated Value: $965,000 - $1,110,000
3
Beds
2
Baths
1,267
Sq Ft
$815/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Laundry Room
- 1 Car Garage
- Fred Ekstrand Elementary School Rated A-
- Central Heating
- 3-minute walk to Civic Center Park
About This Home
As of April 2023WELL-MAINTAINED DOWNTOWN SAN DIMAS DUPLEX! Ample opportunity awaits with two detached houses; the front house (139 E 1st St) is a 2 bedroom, 1 bathroom single family residence with a full kitchen, garage and long driveway for additional parking. The living room and both bedrooms contain ceiling fans, and the bedrooms have original hardwood flooring (which is also under the carpet in the living room). The back house (137 E 1st St) is a turnkey, newly renovated 1 bedroom 3/4 bathroom unit with updated tile flooring with the appearance of hard wood, new shaker cabinets in the kitchen with upgraded stone countertops, new stainless steel stovetop and microwave, and a brand new bathroom with modern design and beautifully tiled shower. The back house was recently updated with new plumbing and freshly painted drywall, classic brick accent design and new AC wall units. Both structures enjoy newer tankless water heaters. The front house boasts a lusciously landscaped front and back yard, with a relaxing patio area, greenbelt and hedges. The back house enjoys an inviting outdoor seating area, which is shaded by century-old mature fruit-bearing avocado trees. The back house also has an outdoor storage shed and shaded parking for up to three cars. Whether you are looking for a home with a private residence for an aging parent or older child, an investor seeking financial freedom and passive income through real estate, or a first time homebuyer looking to "house-hack" by offsetting your cost of ownership with rental income, this duplex provides tremendous opportunity. Centrally located within walking distance to all that downtown San Dimas has to offer, including restaurants, shopping, Civic Center Park w/ free exercise equipment, City Hall, farmers' market, concerts in the park, etc. Known for its small town feel, excellent schools and outdoor entertainment (Raging Waters, Bonelli Park, hiking trails, etc), San Dimas is a wonderful community to call home. With very low inventory of multi-family properties on the market, do not delay!
Last Agent to Sell the Property
BETTER HOME FINANCIAL, INC License #01998572 Listed on: 03/10/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,629
Year Built
- Built in 1947
Lot Details
- 7,125 Sq Ft Lot
- No Common Walls
- Back and Front Yard
Parking
- 1 Car Garage
- 2 Open Parking Spaces
- 2 Carport Spaces
- Parking Available
- Driveway
Home Design
- Duplex
- Patio Home
Interior Spaces
- 1,267 Sq Ft Home
- Separate Family Room
Bedrooms and Bathrooms
- 3 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Stacked Washer and Dryer
Location
- Suburban Location
Utilities
- Central Heating
- Space Heater
- Standard Electricity
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 318
- Tax Tract Number 1
- Assessor Parcel Number 8387017027
- $789 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Cable TV Expense $14,835
- Gardener Expense $1,000
- Insurance Expense $1,000
- Trash Expense $240
- Water Sewer Expense $720
- New Taxes Expense $11,875
- Operating Expense $14,835
- Gross Income $49,800
- Net Operating Income $45,471
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2023
Closed on
Mar 14, 2023
Sold by
Torrey 2003 Jerry W and To Linda
Bought by
Abrams Living Trust
Seller's Agent
Mike Wallace
BETTER HOME FINANCIAL, INC
Buyer's Agent
Todd Launchbaugh
LEE & ASSOCIATES-ONTARIO
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,561
Avg. Annual Appreciation
3.64%
Original Mortgage
$475,000
Outstanding Balance
$462,290
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$570,271
Purchase Details
Closed on
Jul 2, 2019
Sold by
Torrey Jerry W and Torrey Linda Mariene
Bought by
Torrey Jerry W and Torrey Linda Mariene
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
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 2003
Sold by
Torrey Linda and Torrey Jerry
Bought by
Torrey Jerry W and Torrey Linda Marlene
Purchase Details
Closed on
Feb 29, 2000
Sold by
Roy E Torrey Trust and Jerry W
Bought by
Torrey Jerry W and Torrey Linda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.26%
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Abrams Living Trust | $950,000 | California Members Title | |
| Torrey Jerry W | -- | Accommodation | |
| Torrey Jerry W | -- | Western Resources Title | |
| Torrey Jerry W | -- | -- | |
| Torrey Jerry W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Abrams Living Trust | $475,000 | |
| Previous Owner | Torrey Jerry W | $339,600 | |
| Previous Owner | Torrey Jerry W | $332,000 | |
| Previous Owner | The 2003 Jerry W Torrey & Linda Marlene | $300,000 | |
| Previous Owner | Torrey Jerry W | $245,800 | |
| Previous Owner | Torrey Jerry W | $0 | |
| Previous Owner | Torrey Jerry | $100,000 | |
| Previous Owner | Torrey Jerry W | $88,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2023 04/28/23 | Sold | $950,000 | 0.0% | $750 / Sq Ft |
| 03/10/2023 03/10/23 | Pending | -- | -- | -- |
| 03/10/2023 03/10/23 | For Sale | $950,000 | 0.0% | $750 / Sq Ft |
| 11/08/2022 11/08/22 | Rented | $2,500 | 0.0% | -- |
| 11/02/2022 11/02/22 | Price Changed | $2,500 | -9.1% | $3 / Sq Ft |
| 10/17/2022 10/17/22 | Price Changed | $2,750 | -5.2% | $3 / Sq Ft |
| 09/22/2022 09/22/22 | For Rent | $2,900 | +75.8% | -- |
| 02/06/2020 02/06/20 | Rented | $1,650 | 0.0% | -- |
| 02/04/2020 02/04/20 | Under Contract | -- | -- | -- |
| 01/07/2020 01/07/20 | Price Changed | $1,650 | -5.7% | $3 / Sq Ft |
| 11/11/2019 11/11/19 | For Rent | $1,750 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $11,629 | $988,380 | $863,532 | $124,848 |
| 2024 | $11,629 | $969,000 | $846,600 | $122,400 |
| 2023 | $1,397 | $52,784 | $11,512 | $41,272 |
| 2022 | $1,369 | $51,750 | $11,287 | $40,463 |
| 2021 | $1,330 | $50,736 | $11,066 | $39,670 |
| 2020 | $1,318 | $50,432 | $10,953 | $39,479 |
| 2019 | $1,308 | $49,449 | $10,739 | $38,710 |
| 2018 | $1,217 | $48,485 | $10,529 | $37,956 |
| 2016 | $1,162 | $46,397 | $10,121 | $36,276 |
| 2015 | $1,152 | $45,701 | $9,969 | $35,732 |
| 2014 | $1,161 | $44,807 | $9,774 | $35,033 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Wallace
-
Todd Launchbaugh
Buyer's Agent in 2023
Todd Launchbaugh
LEE & ASSOCIATES-ONTARIO
(909) 373-2911
8 in this area
33 Total Sales
-
Karol Curtis
Seller's Agent in 2020
Karol Curtis
THE CURTIS COMPANY
(951) 212-3012
7 in this area
16 Total Sales
-
Alex Ortiz
Buyer's Agent in 2020
Alex Ortiz
RE/MAX
(949) 774-8692
54 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV23040657
APN: 8387-017-027
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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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