Seller's Agent in 2024
Katie Ye
RE/MAX
(626) 991-8236
1 in this area
41 Total Sales
1370 Springfield St Upland, CA 91786
Estimated Value: $1,441,000 - $1,577,000
8
Beds
6
Baths
4,028
Sq Ft
$374/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Pioneer Junior High School Rated A-
- Laundry Room
About This Home
As of February 2024Great investment opportunity in the City of Upland. 4 units on the corner of a quiet neighborhood. This building consists of 4,028 sq ft and lot size of 8,250 sq ft with 4 units total. Each unit has 2 bedrooms, 1.5 bathroom and 1 garage. 3 units are single story with private patio and 1 upper unit. Building is separately metered for Electric and Gas. Tenants have the convenience of a laundry facility on the common premises – an extra income for the owner. The property sits nearby restaurants, grocery stores, parks, and schools with easy access to the Freeway I-10 and Freeway 210. Easy for travel/commuting to various destinations. Ideal choice for family lifestyle. This income property offers an excellent investment opportunity because of its prime location, building size, lot size and separate units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,707
Year Built
- Built in 1964
Lot Details
- 8,250 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,028 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for all utilities, telephone, water
- Tax Lot 20
- Tax Tract Number 7086
- Assessor Parcel Number 1006511120000
- $722 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,800
- Fuel Expense $600
- Insurance Expense $1,900
- Trash Expense $840
- Water Sewer Expense $2,040
- Operating Expense $8,000
- Gross Income $75,600
- Net Operating Income $60,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2024
Closed on
Feb 14, 2024
Sold by
Camodeca Martino and Xia Li
Bought by
Powers Jeffrey S and Powers Rosa M
Seller's Agent
Katie Ye
RE/MAX TIME REALTY
Buyer's Agent
Genaro Gomez
GENARO GOMEZ, BROKER
List Price
$1,370,000
Sold Price
$1,385,000
Premium/Discount to List
$15,000
1.09%
Views
28
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
$122,388
Avg. Annual Appreciation
5.27%
Original Mortgage
$700,000
Outstanding Balance
$687,745
Interest Rate
6.66%
Mortgage Type
Seller Take Back
Estimated Equity
$819,643
Purchase Details
Closed on
Dec 22, 2014
Sold by
Sherif Ellen R
Bought by
Camodeca Martino and Camodeca Xia Li
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 9, 2000
Sold by
Josephson Robert K Tr and Josephson Virginia S Tr
Bought by
Sharif Yosef and Sharif Ellen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.96%
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 |
|---|---|---|---|
| Powers Jeffrey S | $1,385,000 | Ticor Title | |
| Camodeca Martino | $680,000 | First American | |
| Sharif Yosef | $243,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Powers Jeffrey S | $700,000 | |
| Previous Owner | Camodeca Martino | $230,000 | |
| Previous Owner | Sharif Yosef | $171,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/21/2024 02/21/24 | Sold | $1,385,000 | +1.1% | $344 / Sq Ft | |
| 02/19/2024 02/19/24 | For Sale | $1,370,000 | 0.0% | $340 / Sq Ft | |
| 02/01/2024 02/01/24 | Pending | -- | -- | -- | |
| 01/27/2024 01/27/24 | For Sale | $1,370,000 | +101.5% | $340 / Sq Ft | |
| 02/24/2015 02/24/15 | Sold | $680,000 | -6.7% | $169 / Sq Ft | View Prior Sale |
| 12/15/2014 12/15/14 | Pending | -- | -- | -- | |
| 09/26/2014 09/26/14 | For Sale | $729,000 | -- | $181 / 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 |
|---|---|---|---|---|
| 2025 | $8,707 | $1,412,700 | $306,000 | $1,106,700 |
| 2024 | $8,707 | $801,234 | $200,309 | $600,925 |
| 2023 | $8,578 | $785,523 | $196,381 | $589,142 |
| 2022 | $8,394 | $770,120 | $192,530 | $577,590 |
| 2021 | $8,387 | $755,020 | $188,755 | $566,265 |
| 2020 | $8,160 | $747,279 | $186,820 | $560,459 |
| 2019 | $8,132 | $732,627 | $183,157 | $549,470 |
| 2018 | $7,932 | $718,262 | $179,566 | $538,696 |
| 2017 | $7,703 | $704,178 | $176,045 | $528,133 |
| 2016 | $3,341 | $309,316 | $95,469 | $213,847 |
| 2015 | $3,265 | $304,670 | $94,035 | $210,635 |
| 2014 | $3,181 | $298,702 | $92,193 | $206,509 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Ye
-
Genaro Gomez
Buyer's Agent in 2024
Genaro Gomez
GENARO GOMEZ, BROKER
(626) 688-3302
3 in this area
30 Total Sales
-
Ed Diaz
Seller's Agent in 2015
Ed Diaz
Vanguard Property Group
(714) 900-0169
29 Total Sales
-
Brad New
Buyer's Agent in 2015
Brad New
Vanguard Property Group
(714) 446-0100
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24016865
APN: 1006-511-12
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.
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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