Seller's Agent in 2020
Lee Medlin
National Realty Group
(951) 346-5662
2 in this area
53 Total Sales
15426 Perris Blvd Unit 4 Moreno Valley, CA 92551
Armada NeighborhoodEstimated Value: $908,000 - $1,164,497
8
Beds
4
Baths
3,400
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- View of Hills
- No HOA
- Laundry Room
- Lawn
- Balcony
- Accessible Parking
About This Home
As of March 2020Investor Alert! Automatic Cash Flow! This 4 plex is turnkey. All rented at current market rents. All 2 bedroom 1 bath units. Brand new vinyl windows in the entire building just installed. Fresh exterior paint. Roof is 8 years old. All units have great tenants that take great care of their space. There's a laundry room for more potential profit. Fully fenced with basic easy to maintain landscaping. There is 4 covered parking spots and 3 additional uncovered. Upstairs units have balconies and lower units have a patio. Close to all the major wherehousing jobs in Moreno Valley and Perris!
Last Agent to Sell the Property
National Realty Group License #00998908 Listed on: 03/02/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Lot Details
- 6,534 Sq Ft Lot
- 1 Common Wall
- Chain Link Fence
- Landscaped
- Lawn
Home Design
- Quadruplex
- Flat Roof Shape
- Slab Foundation
- Tar and Gravel Roof
- Copper Plumbing
Interior Spaces
- 3,400 Sq Ft Home
- ENERGY STAR Qualified Windows
- Blinds
- Views of Hills
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Carport Spaces
Outdoor Features
- Balcony
- Exterior Lighting
Additional Features
- Accessible Parking
- Central Heating
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 2995
- Assessor Parcel Number 486091004
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $285
- Insurance Expense $1,200
- Trash Expense $1,566
- Water Sewer Expense $2,824
- New Taxes Expense $7,500
- Operating Expense $13,375
- Gross Income $62,400
- Net Operating Income $49,025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2020
Closed on
Mar 13, 2020
Sold by
Medlin Frankie Lee and Medlin Jamie Lee
Bought by
Polovina Goran and Polovina Dusanka
Seller's Agent
Lee Medlin
National Realty Group
Buyer's Agent
Ashley Diaz
MAINSTREET REALTORS
List Price
$750,000
Sold Price
$755,000
Premium/Discount to List
$5,000
0.67%
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
$319,374
Avg. Annual Appreciation
5.95%
Purchase Details
Closed on
May 6, 2013
Sold by
Medlin Frankie Lee and Medlin Jamie Lee
Bought by
Medlin Frankie Lee and Medlin Jamie Lee
Purchase Details
Closed on
Feb 18, 2011
Sold by
The Perris Boulevard Trust
Bought by
Medlin Frankie Lee and Medlin Jamie Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 4, 2011
Sold by
Ruiz Jorge M
Bought by
The 15426 Perris Boulevard Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 28, 2004
Sold by
Ruiz Ana Luz
Bought by
Ruiz Jorge M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 30, 2004
Sold by
Sadik Atheer Salim
Bought by
Ruiz Jorge M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 28, 2001
Sold by
Daoud Wisam
Bought by
Sadik Atheer Salim
Purchase Details
Closed on
Oct 13, 2000
Sold by
Sadik Jeena
Bought by
Daoud Wisam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 9, 2000
Sold by
Severson and Smith
Bought by
Courtney George and Courtney Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 15, 2000
Sold by
Bank One National Assn
Bought by
Daoud Wisam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 15, 2000
Sold by
Whetzell Bryce M and Whetzell Femely R
Bought by
Bank One National Assn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 2, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Whetzell Bryce M and Whetzell Femely R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.46%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 4, 1995
Sold by
Ngo Hoa Thi
Bought by
Federal Home Loan Mortgage Corporation
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Polovina Goran | $755,000 | Fidelity National Title Ins | |
| Medlin Frankie Lee | -- | None Available | |
| Medlin Frankie Lee | $160,000 | First American Title Company | |
| The 15426 Perris Boulevard Trust | $158,440 | None Available | |
| Ruiz Jorge M | -- | Chicago Title | |
| Ruiz Jorge M | $435,000 | Chicago Title | |
| Sadik Atheer Salim | -- | -- | |
| Daoud Wisam | -- | -- | |
| Courtney George | $820,000 | First American Title Co | |
| Daoud Wisam | $111,000 | First American Title Ins Co | |
| Bank One National Assn | $91,800 | United Title Company | |
| Whetzell Bryce M | $80,000 | First American Title Ins Co | |
| Federal Home Loan Mortgage Corporation | $73,000 | Stewart Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Medlin Frankie Lee | $101,000 | |
| Previous Owner | Ruiz Jorge M | $260,000 | |
| Previous Owner | Courtney George | $614,000 | |
| Previous Owner | Daoud Wisam | $50,000 | |
| Previous Owner | Whetzell Bryce M | $68,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2020 03/25/20 | Sold | $755,000 | +0.7% | $222 / Sq Ft |
| 03/02/2020 03/02/20 | For Sale | $750,000 | -- | $221 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $9,448 | $825,697 | $136,703 | $688,994 |
| 2023 | $9,448 | $793,637 | $131,396 | $662,241 |
| 2022 | $9,088 | $778,076 | $128,820 | $649,256 |
| 2021 | $8,927 | $762,821 | $126,295 | $636,526 |
| 2020 | $3,142 | $244,827 | $51,539 | $193,288 |
| 2019 | $3,095 | $240,028 | $50,529 | $189,499 |
| 2018 | $3,040 | $235,323 | $49,540 | $185,783 |
| 2017 | $2,979 | $230,710 | $48,569 | $182,141 |
| 2016 | $2,952 | $226,187 | $47,617 | $178,570 |
| 2015 | $2,913 | $222,791 | $46,902 | $175,889 |
| 2014 | $2,731 | $218,429 | $45,984 | $172,445 |
Source: Public Records
Agents Affiliated with this Home
-
Lee Medlin
-
Ashley Diaz
Buyer's Agent in 2020
Ashley Diaz
MAINSTREET REALTORS
(909) 262-0373
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW20040644
APN: 486-091-004
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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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