NOT LISTED FOR SALE

1705 Kippy Dr Colton, CA 92324

Estimated Value: $438,000 - $519,000

4 Beds
2 Baths
1,385 Sq Ft
$339/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $400,000 $289 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,042/month

12 Days on Market

Highlights

  • No HOA
  • Covered patio or porch
  • Bathtub
  • Neighborhood Views
  • Eat-In Kitchen
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2023

Excellent Opportunity to own an Investment Property! You can live in the main house while renting the back studio for income or rent them both out! The main house is a spacious 3 bedroom 1 bath while the back unit is a 440 sf. studio with a separate kitchen and bathroom. There is a separate laundry room attached to the studio for all to use. There is also a storage room in the back of the property. The main house has a wonderful covered front porch, a carport, and a large covered patio in the rear. This is a large 7,560 sf lot and the studio has its own entrance from the side yard and its own covered patio. The property has been rented out for over a decade and currently the rents are very low. The current market rental rate for the 3 bedroom front house is approx $2250 while the studio is $1100. This Colton property is situated in a great location near schools, markets, shopping and easy access to the 215/210 and 10 Freeways! This is your opportunity to become a homeowner and an investor!! Don't wait, it won't last long!

Last Agent to Sell the Property

Brenda Gomez

Berkshire Hathaway Homeservices California Realty License #02076492 Listed on: 02/09/2023

Berkshire Hathaway Homeservices California Realty

Last Buyer's Agent

Luis Valentin Casiano

1st Class RealEstate Mavericks License #02154127

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,982

Year Built

  • Built in 1953

Lot Details

  • 7,560 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 1,385 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Neighborhood Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 4045
  • Assessor Parcel Number 0160101760000
  • $263 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,982

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 0160101760000
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1385.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 288.81
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Covered, Patio, Porch
  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Colton Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7560.00
  • Lot Size Acres: 0.1736
  • Latitude Manual: 34.08686200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7560.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 66.03
  • Tax Lot: 43
  • Tax Tract Number: 4045
  • TaxOtherAnnualAssessmentAmount: 263.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2024
Sold by
Ponce Benjamin Louie
Bought by
Ponce Benjamin Louie and Toledo Angelica M
Total Days on Market
12
Current Estimated Value
$469,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Outstanding Balance
$369,733
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$100,242

Purchase Details

Listed on
Feb 9, 2023
Closed on
Feb 24, 2023
Sold by
Arthur R Gomez Trust
Bought by
Ponce Benjamin L and Toledo Angelica M
Seller's Agent
Brenda Gomez
Berkshire Hathaway Homeservices California Realty
Buyer's Agent
Luis Valentin Casiano
1st Class RealEstate Mavericks
List Price
$490,000
Sold Price
$400,000
Premium/Discount to List
-$90,000
-18.37%
Views
207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$363,750
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Gomez Arthur

Purchase Details

Closed on
Sep 22, 2008
Sold by
Castaneda Carlos
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 18, 2006
Sold by
Castaneda Carlos
Bought by
Castaneda Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2006
Sold by
Castaneda Manuela
Bought by
Castaneda Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2005
Sold by
Brambilia Bernardino
Bought by
Castaneda Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 9, 2005
Sold by
Stice Austin A and Stice Ella V
Bought by
Brambila Bernardino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 8, 2005
Sold by
Brambila Maria Diaz
Bought by
Brambila Bernardino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Ponce Benjamin Louie -- Lawyers Title
Ponce Benjamin L $400,000 Chicago Title
Gomez Arthur $80,000 Landsafe Title Of California
Deutsche Bank National Trust Co $157,250 Landsafe
Castaneda Carlos -- Chicago Title Company
Castaneda Carlos -- Chicago Title Company
Castaneda Carlos $305,000 Investors Title
Brambila Bernardino $180,000 Ticor Title Co
Brambila Bernardino -- Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponce Benjamin Louie $372,000
Previous Owner Ponce Benjamin L $363,750
Previous Owner Castaneda Carlos $264,000
Previous Owner Castaneda Carlos $224,000
Previous Owner Brambila Bernardino $144,000
Previous Owner Brambila Bernardino $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $400,000 -18.4% $289 / Sq Ft
02/09/2023 02/09/23 For Sale $490,000 -- $354 / 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
2024 $4,982 $410,550 $122,400 $288,150
2023 $4,266 $343,332 $98,838 $244,494
2022 $1,234 $336,600 $96,900 $239,700
2021 $1,259 $95,176 $28,553 $66,623
2020 $1,264 $94,200 $28,260 $65,940
2019 $1,231 $92,353 $27,706 $64,647
2018 $1,211 $90,542 $27,163 $63,379
2017 $1,170 $88,766 $26,630 $62,136
2016 $1,198 $87,026 $26,108 $60,918
2015 $1,161 $85,719 $25,716 $60,003
2014 $1,122 $84,040 $25,212 $58,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23021661

California Regional Multiple Listing Service (CRMLS)

APN: 0160-101-76