NOT LISTED FOR SALE

13807 Nolze Place Moreno Valley, CA 92553

Edgemont Neighborhood
6 Beds
5 Baths
-- Sq Ft
0.74 Acres

Last Sold September 12, 2012

Last sale price $340,000

165 Days on Market

Highlights

  • 0.74 Acre Lot
  • No HOA
  • Laundry Room
  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of September 2012

PRICE JUST REDUCED ON THE MORENO VALLEY'S BEST CURRENT AND FUTURE VALUE! BEST PART OWNER MAY/WILL CARRY! PROPERTY CONSIST OF 1 NICE S.F.R. 2 BEDROOM & 1 FULL BATH WITH SEPERATE TUB AND SHOWER, ALSO HAS CENTRAL AIR AND HEAT, SEPERATE LAUNDRY ROOM, FIREPLACE, 2 CAR DETACHED GARAGE AND 4 1/1 UNITS. ALL ON .74 ACRES. THE UNITS ADDRESS IS 22046 SHERMAN NOT SURE WHY AS THE FRONT DOORS FACE NOLZE ST. ROOM TO BUILD MORE DOWN THE ROAD AS per city GIS land zoned R10 General Land Use : Multi-family Specific Plan : N/A Original Description : Medium Density Residential Zoning A : R10
WE HAVE SOME LONG TERM TENANTS ALMOST 10 YEARS. BELIEVE IT OR NOT ALL UNITS ARE EXREAMLY EASY TO RENT. FULLY RENTED NOW. PLEASE DO NOT DISTURB THE TENANTS. OWNER HAS MADE SOME IMPROVEMENTS TO PLUMBING AND OTHER. OWNER MAY CARRY THE LOAN AT EXTREMELY ATTRACTIVE RATE AND TERMS NO BANK WILL BE ABLE TO COMPETE WITH..

Last Agent to Sell the Property

Scott Logan

UNITED CALIFORNIA REALTY License #01188648 Listed on: 03/07/2012

Last Buyer's Agent

Rodolfo Cortes Jr.

Turnkey Homes and Investments License #01380500

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.74

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • Family Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Space Heater

Additional Features

  • 0.74 Acre Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 31
  • Tax Tract Number 21006
  • Assessor Parcel Number 291171007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • Maintenance Expense $960
  • Professional Management Expense $1,920
  • Trash Expense $1,440
  • Water Sewer Expense $2,400
  • New Taxes Expense $2,683
  • Gross Income $3,155
  • Net Operating Income $25,864

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 6.80
  • Professional Management Expense: 1920.00
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 291171007
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Family Room
  • Levels: One

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Space Heater
  • Laundry Features: Common Area, Individual Room
  • Trash Expense: 1440.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 32234.00
  • Lot Size Acres: 0.7400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 500
  • Average2 Bed Area: 1000
  • Gross Income: 3155.00
  • Gross Scheduled Income: 37860.00
  • Insurance Expense: 700.00
  • Lot Size Area: 32234.0000 Square Feet
  • Maintenance Expense: 960.00
  • Maintenance Percent: 2.50
  • Net Operating Income: 25864.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 5
  • Number With Dishwasher: 1
  • Number With Range: 6
  • Operating Expense: 10103.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 2683.00
  • Taxes Percent: 1.38
  • Tax Lot: 31
  • Tax Tract Number: 21006
  • Tax Year: 2011

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2012 09/12/12 Sold $340,000 -9.3% --
08/19/2012 08/19/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $375,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Logan

    Seller's Agent in 2012

    Scott Logan

    UNITED CALIFORNIA REALTY

    (951) 675-8287

    31 Total Sales

    Scott Logan
    Section Image

  • R

    Buyer's Agent in 2012

    Rodolfo Cortes Jr.

    Turnkey Homes and Investments

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12030801

California Regional Multiple Listing Service (CRMLS)

APN: 291-171-007

California Riverside County Moreno Valley 92553 Edgemont

13807 Nolze Place, Moreno Valley, CA

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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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