NOT LISTED FOR SALE

1825 Mentone Blvd Mentone, CA 92359

Mentone Area
7 Beds
5 Baths
2,300 Sq Ft
7,800 Sq Ft Lot

Sale Details

Date Sold: December 15, 2017

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

25 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No HOA
  • Zero Lot Line

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

General NONMEMBER

NONMEMBER MRML

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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

7,800 Sq Ft Lot

Listing Details

  • 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
  • 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
  • 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

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

Listed on
Aug 4, 2017
Closed on
Dec 4, 2017
Sold by
Bought by
Seller's Agent
Scott Farnam
FARNAM & ASSOCIATES REAL ESTATE
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$275,000
Sold Price
$275,000

Purchase Details

Closed on
Jun 10, 2013
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
$697,795
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 18, 2012
Closed on
Jul 18, 2012
Sold by
Bought by
Seller's Agent
Jason Ramsey
Home Realty USA
Buyer's Agent
Jason Ramsey
Home Realty USA
List Price
$119,900
Sold Price
$67,000
Premium/Discount to List
-$52,900
-44.12%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 2011
Sold by
Bought by

Purchase Details

Closed on
May 19, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2010
Sold by
Bought by

Purchase Details

Closed on
May 6, 2005
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
$230,000
Interest Rate
5.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 2003
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
$130,000
Interest Rate
6.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 17, 1999
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
$92,500
Interest Rate
7.2%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mentone, CA

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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
$275,000 None Available
-- Placer Title Company
$67,000 Lsi Title Company
-- Servicelink
$364,535 Cr Title Services Inc
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
$318,000 Investors Title Co San Bern
$135,000 First American
$92,500 First American Title Ins Co
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 $697,795
Previous Owner $306,750
Previous Owner $300,000
Previous Owner $230,000
Previous Owner $130,000
Previous Owner $92,500
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 Prior Sale
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 View Prior Sale
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

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 $4,075 $319,160 $52,226 $266,934
2025 $4,075 $312,902 $51,202 $261,700
2024 $3,812 $306,767 $50,198 $256,569
2023 $3,802 $300,752 $49,214 $251,538
2022 $3,745 $294,855 $48,249 $246,606
2021 $4,430 $289,074 $47,303 $241,771
2020 $3,746 $286,110 $46,818 $239,292
2019 $3,646 $280,500 $45,900 $234,600
2018 $1,357 $108,226 $43,291 $64,935
2017 $1,346 $106,104 $42,442 $63,662
2016 $1,331 $104,024 $41,610 $62,414
2015 $1,321 $102,461 $40,985 $61,476
2014 $1,273 $100,454 $40,182 $60,272
Source: Public Records

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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

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