NOT LISTED FOR SALE

1590 W Ramona Dr Rialto, CA 92376

Estimated Value: $940,000 - $1,106,000

6 Beds
4 Baths
3,220 Sq Ft
$315/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $817,000 $254 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,254/month

39 Days on Market

About This Home

As of October 2021

Great Investment property. Great Location! Located on quiet street less than a block away from Foothill Blvd / Route 66. Which is convenient to several restaurants, grocery stores, schools, shopping and entertainment. Well maintained and updated Quadruplex consists of three 1 bed/1 bath and one 3 bed/1bath. Units offer 4 garage spaces and also 4 parking spots.

Last Agent to Sell the Property

LUIS OLAZABAL

KW VISION License #01963192 Listed on: 08/06/2021

KW VISION

Last Buyer's Agent

Gustavo Arias

First Team Real Estate License #01889399

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,085

Year Built

  • Built in 1978

Lot Details

  • 8,373 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,220 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • No Utilities

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 7296
  • Assessor Parcel Number 0243161290000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $45,600
  • Net Operating Income $60,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,085

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 205000
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0243161290000
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Price Per Square Foot: 253.73
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8373.00
  • Lot Size Acres: 0.1922

Multi Family

  • Gross Income: 45600.00
  • Gross Scheduled Income: 5050.00
  • Lot Size Area: 8373.0000 Square Feet
  • Net Operating Income: 60600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 34.04
  • Tax Lot: 7
  • Tax Tract Number: 7296

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 20, 2021
Sold by
Betancourt Jesse
Bought by
Gomez Anton Brittany
Seller's Agent
LUIS OLAZABAL
KW VISION
Buyer's Agent
Gustavo Arias
First Team Real Estate
List Price
$800,000
Sold Price
$817,000
Premium/Discount to List
$17,000
2.12%
Current Estimated Value
$1,004,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,111
Avg. Annual Appreciation
4.68%
Original Mortgage
$653,600
Outstanding Balance
$600,331
Interest Rate
3.01%
Estimated Equity
$371,323

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 1, 2021
Sold by
Smith Hayley Brooke
Bought by
Smith Benjamin Russel
Seller's Agent
LUIS OLAZABAL
KW VISION
Buyer's Agent
Gustavo Arias
First Team Real Estate
List Price
$800,000
Sold Price
$817,000
Premium/Discount to List
$17,000
2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,600
Outstanding Balance
$600,331
Interest Rate
3.01%
Estimated Equity
$371,323

Purchase Details

Closed on
Oct 2, 2019
Sold by
Dehernandez Gloria Pacheco and Gomez Anton Brittany
Bought by
Gomez Anton Brittany

Purchase Details

Closed on
May 23, 2012
Sold by
R & U Builders Inc
Bought by
Dehernandez Gloria Pacheco and Gomez Anton Brittany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,856
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2012
Sold by
Wells Fargo Bank Na
Bought by
R & U Builder Inc

Purchase Details

Closed on
Feb 17, 2011
Sold by
Hernandez Wilmer and Hercules Alma E
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Sep 9, 2005
Sold by
Hercules Alma E
Bought by
Hernandez Wilmer and Hercules Alma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Hernandez Wilmer
Bought by
Hercules Alma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2004
Sold by
Hernandez Wilmer and Hercules Alma E
Bought by
Hercules Alma E

Purchase Details

Closed on
Jul 8, 2003
Sold by
Rivera Jose N and Rivera Rosa M
Bought by
Hernandez Wilmer and Hercules Alma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,730
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 1999
Sold by
Margie Staten Tlc Home For Girls
Bought by
Hernandez Wilmer and Hercules Alma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,732
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 1999
Sold by
Hud
Bought by
Margie Staten Tlc Home For Girls

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,732
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 1999
Sold by
Gmac Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Sep 30, 1998
Sold by
Castillo J Jesus
Bought by
Gmac Mtg Corp

Purchase Details

Closed on
Feb 27, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Castillo J Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,646
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 1995
Sold by
Sutton Geraldine A
Bought by
Federal Home Loan Mortgage Corporation
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
Gomez Anton Brittany -- First American Title Company
Smith Benjamin Russel -- First American Title
Smith Benjamin Russell $817,000 First American Title
Gomez Anton Brittany -- None Available
Dehernandez Gloria Pacheco $284,000 First American Title Company
R & U Builder Inc $215,000 Lawyers Title
Wells Fargo Bank N A $259,000 Lawyers Title Company
Hernandez Wilmer -- United Title
Hercules Alma E -- Old Republic Title Company
Hercules Alma E -- --
Hernandez Wilmer -- Old Republic Title
Hernandez Wilmer $155,000 Fidelity National Title Co
Margie Staten Tlc Home For Girls $110,000 Commonwealth Land Title Co
Hud -- Lawyers Title Company
Gmac Mtg Corp $114,158 Continental Lawyers Title Co
Castillo J Jesus $107,000 Commonwealth Land Title Co
Federal Home Loan Mortgage Corporation $120,000 Northern Counties Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Benjamin Russell $653,600
Closed Smith Benjamin Russel $653,600
Previous Owner Dehernandez Gloria Pacheco $278,856
Previous Owner Hernandez Wilmer $412,000
Previous Owner Hernandez Wilmer $350,000
Previous Owner Hercules Alma E $265,000
Previous Owner Hernandez Wilmer $232,000
Previous Owner Hernandez Wilmer $184,730
Previous Owner Hernandez Wilmer $153,732
Previous Owner Margie Staten Tlc Home For Girls $108,500
Previous Owner Castillo J Jesus $106,646
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $817,000 -0.4% $254 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $820,000 +2.5% $255 / Sq Ft
08/06/2021 08/06/21 For Sale $800,000 +271.2% $248 / Sq Ft
03/23/2012 03/23/12 Sold $215,500 -8.3% $67 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
07/08/2011 07/08/11 For Sale $234,900 -- $73 / 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 $9,085 $867,007 $297,138 $569,869
2024 $9,085 $850,007 $291,312 $558,695
2023 $8,853 $833,340 $285,600 $547,740
2022 $8,818 $817,000 $280,000 $537,000
2021 $8,842 $488,093 $125,139 $362,954
2020 $8,904 $326,175 $57,713 $268,462
2019 $7,455 $319,779 $56,581 $263,198
2018 $7,491 $313,509 $55,472 $258,037
2017 $6,313 $307,361 $54,384 $252,977
2016 $6,181 $301,335 $53,318 $248,017
2015 $7,345 $296,809 $52,517 $244,292
2014 $6,236 $290,995 $51,488 $239,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21174084

California Regional Multiple Listing Service (CRMLS)

APN: 0243-161-29