NOT LISTED FOR SALE

Estimated Value: $887,000 - $949,000

8 Beds
8 Baths
3,200 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $730,000 $228 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,554/month

21 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Stacked Washer and Dryer

About This Home

As of July 2021

AN INCREDIBLE AND UNIQUE OPPORTUNITY!!! Come view this lovely 4 unit located in the heart of Moreno Valley. This beautiful property is centrally located to shops, schools & local transportation. Kitchens in all 4 units have been remodeled, one as recent as this year. Roof was replaced in 2014. Insulation on 2nd floor ceilings. This is a great opportunity for an investor or a first time home buyer. THIS OPPORTUNITY WON'T LAST, DON'T WAIT!!

Last Agent to Sell the Property

ANA ORTIZ

SAMAYRA PROPERTIES License #02065379 Listed on: 03/29/2021

Last Buyer's Agent

Diane Shi

Echain Realty License #01914089

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,875

Year Built

  • Built in 1966

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • 3,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 2995
  • Assessor Parcel Number 486084013

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Insurance Expense $1,800
  • Trash Expense $2,700
  • Water Sewer Expense $2,160
  • Operating Expense $6,900
  • Net Operating Income $38,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,875

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2160.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 486084013
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 228.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Trash Expense: 2700.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 240.00
  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 38100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6900.00
  • Other Income Description: ALL FIGURES ARE ESTIMATES
  • Rent Control: No
  • Total Expenses: 6900.00

Tax Info

  • Tax Census Tract: 489.02
  • Tax Lot: 3
  • Tax Tract Number: 2995

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Jul 8, 2021
Sold by
Zamani Samira
Bought by
Hamidi Shershah
Seller's Agent
ANA ORTIZ
SAMAYRA PROPERTIES
Buyer's Agent
Diane Shi
Echain Realty
List Price
$799,000
Sold Price
$730,000
Premium/Discount to List
-$69,000
-8.64%
Current Estimated Value
$907,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,136
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Apr 29, 2021
Sold by
Ezzat Arian and Ezzat Faranza
Bought by
Huang Yuet and Shi Diane Emi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2013
Closed on
Sep 19, 2013
Sold by
Ezzat Arian and Ezzat Farzana Z
Bought by
Ezzatt Arlan and Ezzat Farzana Z
Seller's Agent
Jim Holbrook
Performance Estates & Homes
Buyer's Agent
Jim Holbrook
Performance Estates & Homes
List Price
$219,900
Sold Price
$300,000
Premium/Discount to List
$80,100
36.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%

Purchase Details

Listed on
Jan 11, 2013
Closed on
Sep 9, 2013
Sold by
Alvarez Ignacio and Alvarez Carmen F
Bought by
Ezzat Arian and Ezzat Farzana Z
Seller's Agent
Jim Holbrook
Performance Estates & Homes
Buyer's Agent
Jim Holbrook
Performance Estates & Homes
List Price
$219,900
Sold Price
$300,000
Premium/Discount to List
$80,100
36.43%

Purchase Details

Closed on
Oct 14, 2005
Sold by
Mejia Cristina
Bought by
Alvarez Ignacio and Alvarez Carmen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 26, 2004
Sold by
Rucker Tammara
Bought by
Mejia Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2002
Sold by
Lopes Joseph
Bought by
Rucker Tammara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2000
Sold by
Hud
Bought by
Lopes Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,088
Interest Rate
8.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 1999
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Jul 21, 1999
Sold by
Adriana Hernandez
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Oct 2, 1997
Sold by
Bruce Norris Investments Llc
Bought by
Hernandez Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
7.33%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 1997
Sold by
Norris Marsha D
Bought by
Norris Bruce W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
7.33%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 1997
Sold by
Ronald Nakagawa and Ronald Vickie Nakagawa
Bought by
Norris Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 1991
Sold by
Miya Kirk H and Miya Kathy J
Bought by
Nakagawa Ronald and Nakagawa Vickie
Source: Public Records

Range of Values:

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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
Hamidi Shershah -- Western Resources Title
Huang Yuet $730,000 Western Resources Title
Ezzatt Arlan -- None Available
Ezzat Arian $300,000 Fidelity National Title
Alvarez Ignacio $625,000 Security Union Title
Mejia Cristina $445,000 First American Title Co
Rucker Tammara $225,000 --
Lopes Joseph $114,000 Ati Title
Hud $147,534 Fidelity National Title Ins
Homeside Lending Inc $147,534 Fidelity National Title Ins
Hernandez Adriana $135,000 American Title
Bruce Norris Investments Llc -- American Title
Norris Bruce W -- First American Title Ins Co
Norris Bruce $70,000 First American Title Ins Co
Nakagawa Ronald $80,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Yuet $536,000
Previous Owner Huang Yuet $537,000
Previous Owner Ezzat Arian $273,000
Previous Owner Alvarez Ignacio $465,000
Previous Owner Mejia Cristina $333,700
Previous Owner Rucker Tammara $180,000
Previous Owner Lopes Joseph $108,088
Previous Owner Hernandez Adriana $133,500
Previous Owner Norris Bruce $70,000
Closed Rucker Tammara $45,000
Closed Mejia Cristina $66,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $730,000 -8.6% $228 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $799,000 +166.3% $250 / Sq Ft
09/17/2013 09/17/13 Sold $300,000 +36.4% $94 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $219,900 -- $69 / 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 $8,875 $774,681 $90,202 $684,479
2023 $8,875 $744,600 $86,700 $657,900
2022 $8,538 $730,000 $85,000 $645,000
2021 $4,113 $333,670 $78,618 $255,052
2020 $4,072 $330,249 $77,812 $252,437
2019 $4,008 $323,775 $76,287 $247,488
2018 $3,934 $317,428 $74,793 $242,635
2017 $3,852 $311,205 $73,327 $237,878
2016 $3,815 $305,104 $71,890 $233,214
2015 $3,763 $300,523 $70,811 $229,712
2014 $3,518 $294,638 $69,425 $225,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21065363

California Regional Multiple Listing Service (CRMLS)

APN: 486-084-013