NOT LISTED FOR SALE

1655 Riverside Ave Colton, CA 92324

Colton Area

Estimated Value: $379,000 - $496,000

3 Beds
2 Baths
1,319 Sq Ft
$317/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2012

Last sale price $87,500 $66 Per Sq Ft

Est. 377% increase in value since last sale

Current estimated payment $2,389 / mo

54 Days on Market

About This Home

As of July 2012

A MUST SEE FOR ALL INVESTORS!!! This property has GREAT potential, just needs some work and the right investor!! Bring all buyers, but it may not qualify for FHA; This is 2 units in 1 lot; 1655 (front unit) is a 2 bed room 1 full bath with a large living area, small dining area next to the kitchen and a back room, it is NOT a bedroom, but was used as one by the last tenant; 1655 1/2 is a 1 bedroom 1 full bath with a small living area,small dining area in the kitchen and has a "storage room" which can be use as a laundry room; Both units have grass areas for kids to play; This is also a great property for the owner to live in one unit and rent out the second, as long as they can get the right financing!!

Last Agent to Sell the Property

Loren Schroeder

Elevate Real Estate Agency License #01365554 Listed on: 06/01/2012

Elevate Real Estate Agency

Last Buyer's Agent

Gus Delgado

Keller Williams Realty License #01304433

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 5,500 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 1,319 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 117
  • Tax Tract Number 2239
  • Assessor Parcel Number 0160181140000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1
  • Trash Expense $1
  • New Taxes Expense $1
  • Gross Income $1,200
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

5,500 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Type: Residential Income
  • Parcel Number: 0160181140000
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 66.34

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5500.00
  • Lot Size Acres: 0.1260

Multi Family

  • Gross Income: 1200.00
  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 1.00
  • Lot Size Area: 5500.0000 Square Feet
  • Net Operating Income: 14400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1.00
  • Tax Lot: 117
  • Tax Tract Number: 2239
  • Tax Year: 2010

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2018
Sold by
Bought by
Current Estimated Value
$417,631

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jul 26, 2012
Sold by
Bought by
Seller's Agent
Loren Schroeder
Elevate Real Estate Agency
Buyer's Agent
Gus Delgado
Keller Williams Realty
List Price
$89,900
Sold Price
$87,500
Premium/Discount to List
-$2,400
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%

Purchase Details

Closed on
Feb 16, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
0.01%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 7, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
0.0719%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$87,500 Lsi Title Company
$85,000 Lps Default Title & Closing
-- Investors Title Co San Bern
-- Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $225,000
Previous Owner $152,000
Previous Owner $61,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $87,500 -2.7% $66 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $89,900 -- $68 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,368 $109,904 $25,121 $84,783
2025 $1,368 $107,749 $24,628 $83,121
2024 $1,306 $105,636 $24,145 $81,491
2023 $1,310 $103,565 $23,672 $79,893
2022 $1,291 $101,534 $23,208 $78,326
2021 $1,317 $99,543 $22,753 $76,790
2020 $1,323 $98,523 $22,520 $76,003
2019 $1,288 $96,591 $22,078 $74,513
2018 $1,267 $94,697 $21,645 $73,052
2017 $1,224 $92,841 $21,221 $71,620
2016 $1,254 $91,021 $20,805 $70,216
2015 $1,215 $89,653 $20,492 $69,161
2014 $1,174 $87,897 $20,091 $67,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12069822

California Regional Multiple Listing Service (CRMLS)

APN: 0160-181-14

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