NOT LISTED FOR SALE
7 Beds
5 Baths
2,300 Sq Ft
7,800 Sq Ft Lot

Last Sold December 15, 2017

Last sale price $275,000 $120 Per Sq Ft

25 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Zero Lot Line
  • Redlands East Valley High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of December 2017

CHARMING 5 UNIT COMPLEX IN HEART OF DOWNTOWN MENTONE. WORK, LIVE, PLAY LOCATION. ALL 5 UNITS TENANT OCCUPIED.

Last Agent to Sell the Property

Scott Farnam

FARNAM & ASSOCIATES REAL ESTATE License #01332087 Listed on: 08/04/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,800 Sq Ft Lot
  • Two or More Common Walls
  • Zero Lot Line

Home Design

  • 2,300 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • 5 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 0298092190000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,700
  • Fuel Expense $1,200
  • Insurance Expense $600
  • Professional Management Expense $1,896
  • Trash Expense $1,872
  • New Taxes Expense $1,300
  • Operating Expense $9,568
  • Net Operating Income $28,532

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Other Phone Description: OFFICE
  • Other Phone Ext: 202
  • Other Phone Number: 844-432-7626
  • Professional Management Expense: 1896.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0298092190000
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 119.57
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Conventional Septic
  • Trash Expense: 1872.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 7800.00

Multi Family

  • Average1 Bed Area: 400 Square Feet
  • Average2 Bed Area: 500 Square Feet
  • Average Studio Area: 300 Square Feet
  • Electric Expense: 2700.00
  • Fuel Expense: 1200.00
  • Gross Scheduled Income: 38100.00
  • Insurance Expense: 600.00
  • Net Operating Income: 28532.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number Wall A C: 5
  • Operating Expense: 9568.00
  • Rent Control: No
  • Total Actual Rent: 3175.00
  • Total Expenses: 9568.00

Tax Info

  • New Taxes Expense: 1300.00
  • Tax Lot: 21
  • Tax Tract Number: 0000

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

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $275,000 0.0% $120 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $275,000 0.0% $120 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $275,000 +310.4% $120 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
08/10/2012 08/10/12 Sold $67,000 -44.1% $37 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $119,900 -- $66 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV17180611

California Regional Multiple Listing Service (CRMLS)

APN: 0298-092-19