NOT LISTED FOR SALE

Estimated Value: $595,000 - $772,000

3 Beds
2 Baths
1,155 Sq Ft
$577/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $620,000 $537 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,127/month

6 Days on Market

Highlights

  • Lawn
  • Central Heating and Cooling System
  • 2-minute walk to Patterson Park
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2022

Location! Location! Right across from the park. R 3 zoning, Street corner lot. For building more apartments potential. Super convenient location. Walking distance to school, shopping, restaurants, bus stops, park... One charming house plus one detached garage and a huge barn. Travertine floor throughout. Living room with beautiful fireplace. Vinyl windows throughout the whole house. Kitchen has Granite counter top and designer cabinets. Central air. Red tile roof. Spacious rooms 3 bedrooms/1.5 baths. Currently used as a rental with good rental income. Close to UCR, parks, north high school, shopping....

Last Agent to Sell the Property

Karen Cheng

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY License #01774394 Listed on: 03/14/2022

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Last Buyer's Agent

Po-Ting Chao

Pinnacle Real Estate Group License #02136776

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,125

Year Built

  • Built in 1947

Lot Details

  • 0.29 Acre Lot
  • No Common Walls
  • Lawn
  • Value in Land

Parking

  • 2 Car Garage

Interior Spaces

  • 1,155 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $159
  • Fuel Expense $35
  • Insurance Expense $600
  • Trash Expense $25
  • Water Sewer Expense $60
  • Operating Expense $600
  • Gross Income $27,600
  • Net Operating Income $26,400

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot c020
  • Assessor Parcel Number 211054022
  • $85 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,125

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 598000
  • Property Attached: No
  • Water Sewer Expenses: 60.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 211054022
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 536.80
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 25.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 10000-19999 Sqft, Value In Land
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 159.00
  • Fuel Expense: 35.00
  • Gross Income: 27600.00
  • Gross Scheduled Income: 600.00
  • Insurance Expense: 600.00
  • Lot Size Area: 12632.0000 Square Feet
  • Net Operating Income: 26400.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No
  • Total Expenses: 600.00

Tax Info

  • Tax Census Tract: 305.03
  • Tax Lot: c020
  • Tax Tract Number: co20
  • TaxOtherAnnualAssessmentAmount: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Mar 21, 2022
Sold by
Justin Cheng
Bought by
Deng Donghong
Seller's Agent
Karen Cheng
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Buyer's Agent
Po-Ting Chao
Pinnacle Real Estate Group
List Price
$598,000
Sold Price
$620,000
Premium/Discount to List
$22,000
3.68%
Current Estimated Value
$666,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,399
Avg. Annual Appreciation
2.08%

Purchase Details

Closed on
Feb 16, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cheng Justin

Purchase Details

Closed on
Aug 6, 2010
Sold by
Benitez Maria
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 14, 2008
Sold by
Benitez Maria
Bought by
Benitez Maria and Barrera Angelica

Purchase Details

Closed on
Apr 3, 2006
Sold by
Afoeju Ifeoma Cordelia
Bought by
Benitez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2006
Sold by
Benitez Fortino
Bought by
Benitez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2004
Sold by
Afoeju Bernard I
Bought by
Afoeju Ifeoma C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2004
Sold by
Park Jae Jin
Bought by
Afoeju Ifeoma Cordelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2002
Sold by
Park Jung Hee
Bought by
Park Jae Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.43%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Deng Donghong $195,454 Landwood Title
Cheng Justin $96,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $157,486 Accommodation
Benitez Maria -- None Available
Benitez Maria $323,000 Commonwealth Land Title Co
Benitez Maria -- Commonwealth Land Title Co
Afoeju Ifeoma C -- First American Title Co
Afoeju Ifeoma Cordelia $260,000 First American Title Co
Park Jae Jin -- First American Title Co
Park Jae Jin $120,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benitez Maria $258,400
Previous Owner Afoeju Ifeoma Cordelia $190,000
Previous Owner Park Jae Jin $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $620,000 +3.7% $537 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $598,000 -3.5% $518 / Sq Ft
03/17/2022 03/17/22 Off Market $620,000 -- --
03/14/2022 03/14/22 For Sale $598,000 -- $518 / 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 $7,125 $657,946 $164,488 $493,458
2023 $7,125 $632,399 $158,101 $474,298
2022 $1,355 $115,887 $48,285 $67,602
2021 $1,352 $113,616 $47,339 $66,277
2020 $1,342 $112,452 $46,854 $65,598
2019 $1,318 $110,248 $45,936 $64,312
2018 $1,293 $108,087 $45,036 $63,051
2017 $1,271 $105,968 $44,153 $61,815
2016 $1,193 $103,891 $43,288 $60,603
2015 $1,176 $102,333 $42,639 $59,694
2014 $1,164 $100,330 $41,804 $58,526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22003605

California Regional Multiple Listing Service (CRMLS)

APN: 211-054-022