NOT LISTED FOR SALE

219 N Spruce Ave Rialto, CA 92376

Estimated Value: $1,120,000 - $1,303,000

10 Beds
8 Baths
3,946 Sq Ft
$309/Sq Ft Est. Value

Last Sold April 23, 2015

Last sale price $550,000 $139 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $7,287/month

38 Days on Market

Highlights

  • Modern Architecture
  • No HOA
  • Laundry Room
  • Granite Countertops
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of April 2015

Great investment opportunity!! This beautiful Rialto Quadraplex was built in 2006 and looks brand new. The front 2 units are both 2 stories and feature a nice floor plan with 3 bedrooms and 2.5 baths. The rear 2 units are both 2 bedrooms and 2 baths. This complex has been well maintained and are move in ready. Each unit also features a detached 2 car garage. This is definitely a must see!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 03/31/2015

Last Buyer's Agent

Bi Chen

Pinnacle Real Estate Group License #01255894

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,964

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 8 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Modern Architecture
  • Slab Foundation
  • Common Roof
  • Stucco

Interior Spaces

  • 3,946 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 4779
  • Assessor Parcel Number 0128101420000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $4,400
  • Net Operating Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,964

Year Built

Built in 2006 | Remodeled

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • Other Phone Number: 866-640-3040
  • Property Attached: No
  • View: No
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 0128101420000
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 139.38
  • Room Type: Living Room

Exterior Features

  • Foundation: Slab
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 11208.00
  • Lot Size Acres: 0.2570

Multi Family

  • Gross Income: 4400.00
  • Gross Scheduled Income: 52800.00
  • Lot Size Area: 11208.0000 Square Feet
  • Net Operating Income: 52800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 4779
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2015
Closed on
Apr 13, 2015
Sold by
West Ridge Rentals Llc
Bought by
Huang Guan Wu and Yu Jiao Xian
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Bi Chen
Pinnacle Real Estate Group
List Price
$500,000
Sold Price
$550,000
Premium/Discount to List
$50,000
10%
Current Estimated Value
$1,217,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667,935
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Dec 3, 2014
Sold by
Pacific Development Inc
Bought by
West Ridge Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2004
Sold by
Pacific Contractors
Bought by
Pacific Development Inc

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
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
Pacific Contractors
Bought by
Pacific Development Inc

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
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Winesuff Irvin and Winesuff Rosalie
Bought by
Pacific Contractors

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Huang Guan Wu $550,000 Advantage Title Co
West Ridge Rentals Llc $389,600 Accommodation
Pacific Development Inc -- United Title Los Angeles
Pacific Development Inc -- --
Pacific Contractors $360,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Ridge Rentals Llc $0
Previous Owner West Ridge Rentals Llc $95,100
Previous Owner Pacific Development Inc $577,500
Previous Owner Pacific Development Inc $82,500
Previous Owner Pacific Development Inc $2,056,000
Previous Owner Pacific Development Inc $230,000
Previous Owner Pacific Contractors $180,000
Closed Pacific Contractors $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2015 04/23/15 Sold $550,000 +10.0% $139 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $500,000 -- $127 / 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 $7,964 $661,021 $120,187 $540,834
2024 $7,964 $648,059 $117,830 $530,229
2023 $8,496 $635,352 $115,520 $519,832
2022 $7,888 $622,894 $113,255 $509,639
2021 $7,837 $610,680 $111,034 $499,646
2020 $7,890 $604,418 $109,895 $494,523
2019 $7,709 $592,566 $107,740 $484,826
2018 $7,484 $580,947 $105,627 $475,320
2017 $7,427 $569,556 $103,556 $466,000
2016 $7,344 $558,388 $101,525 $456,863
2015 $7,111 $530,000 $95,000 $435,000
2014 -- $461,800 $67,200 $394,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15042098

California Regional Multiple Listing Service (CRMLS)

APN: 0128-101-42