NOT LISTED FOR SALE

158 E 7th St Perris, CA 92570

Downtown Perris Neighborhood

Estimated Value: $441,000 - $470,000

2 Beds
1 Bath
1,400 Sq Ft
$325/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $175,000 $125 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,570/month

135 Days on Market

About This Home

As of November 2014

ATTENTION Buyers and investors Great opportunity to buy income producing duplex. Each unit 2 bedroom 1 bath.

Last Agent to Sell the Property

ADRIANA GUTIERREZ

ADRIANA'S REALTY GROUP License #01788380 Listed on: 07/02/2014

Last Buyer's Agent

Monica Hill

MVP Real Estate & Investments License #01201175

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Parking Spaces

Home Design

  • 1,400 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 428
  • Assessor Parcel Number 313104019

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 313104019
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 125.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 1600.00
  • Gross Scheduled Income: 19200.00
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 428
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2015
Sold by
Perez Lydia and Ramos Charles
Bought by
Perez Lydia
Current Estimated Value
$454,333

Purchase Details

Closed on
Feb 26, 2015
Sold by
Perez Lydia
Bought by
Perez Lydia and Ramos Charles

Purchase Details

Listed on
Jul 2, 2014
Closed on
Jan 12, 2015
Sold by
Gutierrez Oscar and Gutierrez Maribel
Bought by
Perez Lydia
Seller's Agent
ADRIANA GUTIERREZ
ADRIANA'S REALTY GROUP
Buyer's Agent
Monica Hill
MVP Real Estate & Investments
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Listed on
Jul 2, 2014
Closed on
Nov 12, 2014
Sold by
Gutierrez Oscar and Gutierrez Maribel
Bought by
Perez Lydia
Seller's Agent
ADRIANA GUTIERREZ
ADRIANA'S REALTY GROUP
Buyer's Agent
Monica Hill
MVP Real Estate & Investments
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Gutierrez Oscar and Gutierrez Maribel

Purchase Details

Closed on
May 12, 2010
Sold by
Ramirez Jose A
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Dec 5, 2006
Sold by
Ramirez Patricia
Bought by
Ramirez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 1, 2005
Sold by
Paz Alfonso and Paz Sayda
Bought by
Ramirez Jose A and Ramirez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2003
Sold by
Fuerte Gonzalo R and Fuerte Maria M
Bought by
Paz Alfonso and Paz Sayda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,405
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 1999
Sold by
Hud
Bought by
Fuerte Gonzalo R and Fuerte Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,404
Interest Rate
7.2%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 1998
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Jun 9, 1998
Sold by
Camarillo Jesus R and Camarillo Octaviano
Bought by
Homeside Lending Inc and Bancboston Mtg Corp

Purchase Details

Closed on
Oct 24, 1995
Sold by
Action Property Management Ltd
Bought by
Camarillo Jesus R and Camarillo Octaviano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,123
Interest Rate
7.48%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 1995
Sold by
Great Western Bank Fsb
Bought by
Action Asset Management Inc

Purchase Details

Closed on
Jan 13, 1995
Sold by
Lazar Vera
Bought by
Great Western Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Perez Lydia -- None Available
Perez Lydia -- Title 365
Perez Lydia -- Title 365
Perez Lydia $175,000 Title 365
Gutierrez Oscar $90,000 Chicago Title Insurance Co
Wells Fargo Bank National Association $325,662 None Available
Ramirez Jose A -- North American Title Company
Ramirez Jose A $250,000 Fatcola
Paz Alfonso $150,000 First American Title Co
Fuerte Gonzalo R $92,000 Fidelity Title
Hud $72,625 American Title Co
Homeside Lending Inc $72,625 American Title Ins Co
Camarillo Jesus R $65,000 Chicago Title Co
Action Asset Management Inc $20,000 First American Title Ins Co
Great Western Bank Fsb $35,657 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Lydia $171,830
Previous Owner Ramirez Jose A $280,000
Previous Owner Ramirez Jose A $200,000
Previous Owner Paz Alfonso $142,405
Previous Owner Fuerte Gonzalo R $36,404
Previous Owner Camarillo Jesus R $65,123
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2014 11/14/14 Sold $175,000 -7.9% $125 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $190,000 -- $136 / 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 $2,358 $210,315 $60,089 $150,226
2023 $2,358 $202,150 $57,756 $144,394
2022 $2,333 $198,187 $56,624 $141,563
2021 $2,288 $194,302 $55,514 $138,788
2020 $2,272 $192,310 $54,945 $137,365
2019 $2,220 $188,540 $53,868 $134,672
2018 $2,120 $184,844 $52,812 $132,032
2017 $2,091 $181,221 $51,777 $129,444
2016 $2,049 $177,668 $50,762 $126,906
2015 $2,009 $175,000 $50,000 $125,000
2014 $1,093 $94,059 $31,353 $62,706
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    ADRIANA GUTIERREZ

    ADRIANA'S REALTY GROUP

    (909) 380-9070

    ADRIANA GUTIERREZ
    Section Image
  • Monica Hill

    Buyer's Agent in 2014

    Monica Hill

    MVP Real Estate & Investments

    (951) 834-8687

    53 Total Sales

    Monica Hill
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14139999

California Regional Multiple Listing Service (CRMLS)

APN: 313-104-019

California Riverside County Perris 92570 Downtown Perris

158 E 7th St, Perris, CA

Not Listed for Sale

MultiFamily

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