NOT LISTED FOR SALE

1943 Willowbrook Ln Perris, CA 92571

Central Perris Neighborhood

Estimated Value: $574,000 - $624,000

4 Beds
3 Baths
2,499 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $280,000 $112 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,624/month

50 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Cooling System Powered By Gas
  • Fence is in good condition
  • No HOA
  • Laundry Room

About This Home

As of May 2016

Looking for a perfect rental/investment Single Family Residence (SFR) with existing tenants? You've found it!! Its a 2-story SFR with 2499 Sqft living space with wall-to-wall laminated wood floors on a 9185 Sqft lot size. Thank you for your understanding.

Last Agent to Sell the Property

James Le

Great America Realty License #01404138 Listed on: 01/19/2016

Last Buyer's Agent

ENRIQUE MORENO

REALTY MASTERS & ASSOCIATES License #01860819

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls
  • Fence is in good condition
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,499 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms
  • Fireplace in Bathroom

Location

  • Suburban Location

Utilities

  • Cooling System Powered By Gas
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 320350013

Community Details

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $60
  • Operating Expense $1,800
  • Gross Income $1,500
  • Net Operating Income $16,200

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 320350013
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Fireplace Features: Bath, Family Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 112.04

Exterior Features

  • Foundation: Slab
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9148.00
  • Price Per Lot Square Foot: 30.39
  • Lot Size Acres: 0.2100

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 60.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 16200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 1800.00
  • Operating Expense Percent: 10.00
  • Rent Control: No
  • Total Expenses: 1800.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2020
Sold by
Martinez Oscar Rocha
Bought by
Martinez Oscar Rocha and Rocha Paula
Current Estimated Value
$600,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,800
Outstanding Balance
$255,774
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$344,307

Purchase Details

Listed on
Jan 19, 2016
Closed on
May 19, 2016
Sold by
Rocha Paula
Bought by
Martinez Oscar Rocha
Seller's Agent
James Le
Great America Realty
Buyer's Agent
ENRIQUE MORENO
REALTY MASTERS & ASSOCIATES
List Price
$278,000
Sold Price
$280,000
Premium/Discount to List
$2,000
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$274,928
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2010
Sold by
Le Cedrick Tam
Bought by
Nguyen David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2005
Sold by
Willowbrook Residential Llc
Bought by
Le Cedrick Tam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,168
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac
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

Date Buyer Sale Price Title Company
Martinez Oscar Rocha -- First American Title Company
Martinez Oscar Rocha -- Fidelity National Title
Martinez Oscar Rocha $280,000 Fidelity National Title
Nguyen David $165,000 Lawyers Title
Le Cedrick Tam $379,000 Orange Coast Title San Berna
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Oscar Rocha $288,800
Closed Martinez Oscar Rocha $274,928
Previous Owner Nguyen David $132,000
Previous Owner Le Cedrick Tam $303,168
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $280,000 +0.7% $112 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $278,000 0.0% $111 / Sq Ft
11/15/2012 11/15/12 Rented $2,700 +54.3% --
11/10/2012 11/10/12 Under Contract -- -- --
10/03/2012 10/03/12 For Rent $1,750 -- --
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 $5,872 $331,455 $88,781 $242,674
2023 $5,872 $318,586 $85,335 $233,251
2022 $5,954 $312,340 $83,662 $228,678
2021 $5,876 $306,217 $82,022 $224,195
2020 $5,801 $303,078 $81,181 $221,897
2019 $5,705 $297,137 $79,590 $217,547
2018 $5,489 $291,312 $78,030 $213,282
2017 $5,424 $285,600 $76,500 $209,100
2016 $4,148 $178,565 $54,109 $124,456
2015 $4,140 $175,886 $53,298 $122,588
2014 $4,128 $172,443 $52,255 $120,188
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    James Le

    Great America Realty

  • E

    Buyer's Agent in 2016

    ENRIQUE MORENO

    REALTY MASTERS & ASSOCIATES

    (909) 212-0329

    1 in this area

    25 Total Sales

    ENRIQUE MORENO
    Section Image

  • M

    Buyer's Agent in 2012

    Michael De Perio

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16011558

California Regional Multiple Listing Service (CRMLS)

APN: 320-350-013

California Riverside County Perris 92571 Central Perris

1943 Willowbrook Ln, Perris, CA

Not Listed for Sale

MultiFamily

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