Seller's Agent in 2024
ADRIANA ARTEAGA
LIGHTHOUSE REALTY ASSOC INC
(909) 949-0605
1 in this area
10 Total Sales
221 S Palm Ave Rialto, CA 92376
Estimated Value: $730,774 - $802,000
5
Beds
3.5
Baths
2,534
Sq Ft
$302/Sq Ft
Est. Value
Highlights
- No HOA
- 4-minute walk to Rialto
- Laundry Room
- Cooling System Mounted To A Wall/Window
- Living Room
- More Than Two Accessible Exits
About This Home
As of April 2024THREE UNITS!! Great income opportunity!! The main front house offers 3 bedrooms, 1.5 bathrooms approximately 1,150 sq ft, a spacious front yard and enclosed back patio. Also comes with a Duplex in the back, complete with a private entrance! Both units offer 1 bedroom, 1 bath approximately 670 sq ft with a small yard, private back patio, and outside storage with laundry hook ups. This property sits on 10,500 sq ft lot and is situated in a peaceful neighborhood conveniently located close to major amenities, schools, parks, transportation, and it's walking distance to the Metrolink. You will definitely be getting the best of both worlds - Live in one and rent the others! This is a rare but incredible opportunity, so don't miss out! Please do not disturb tenants. Does need some fixing and updates. Contact the listing agent directly for a private tour and experience the income potential this property has to offer! First Open House will be on Saturday, 2/24 from 11am-2pm and Sunday, 2/25 from 11am-1pm
Last Agent to Sell the Property
LIGHTHOUSE REALTY ASSOC INC License #02146006 Listed on: 02/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,554
Year Built
- Built in 1955
Lot Details
- 10,500 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Chain Link Fence
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Fixer Upper
- Raised Foundation
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2,534 Sq Ft Home
- 1-Story Property
- Living Room
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
Laundry
- Laundry Room
- Laundry Located Outside
Parking
- Carport
- Parking Available
- Driveway
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Water Heater
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Legal Lot and Block 34 / 13
- Assessor Parcel Number 0130271320000
- $721 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2024
Closed on
Mar 5, 2024
Sold by
Mendoza Hector and Mendoza Leticia
Bought by
Espinoza Herrera Ivania
Seller's Agent
ADRIANA ARTEAGA
LIGHTHOUSE REALTY ASSOC INC
Buyer's Agent
Karen Urrutia
LIGHTHOUSE REALTY ASSOC INC
List Price
$690,000
Sold Price
$710,000
Premium/Discount to List
$20,000
2.9%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,694
Avg. Annual Appreciation
4.90%
Original Mortgage
$568,000
Outstanding Balance
$559,022
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$205,672
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Espinoza Herrera Ivania | $710,000 | Pacific Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Espinoza Herrera Ivania | $568,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2024 04/08/24 | Sold | $710,000 | +2.9% | $280 / Sq Ft |
| 02/26/2024 02/26/24 | Pending | -- | -- | -- |
| 02/18/2024 02/18/24 | For Sale | $690,000 | -- | $272 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,554 | $724,200 | $214,200 | $510,000 |
| 2024 | $2,554 | $203,944 | $50,985 | $152,959 |
| 2023 | $2,721 | $199,945 | $49,985 | $149,960 |
| 2022 | $2,530 | $196,025 | $49,005 | $147,020 |
| 2021 | $2,514 | $192,181 | $48,044 | $144,137 |
| 2020 | $2,530 | $190,210 | $47,551 | $142,659 |
| 2019 | $2,473 | $186,481 | $46,619 | $139,862 |
| 2018 | $2,402 | $182,825 | $45,705 | $137,120 |
| 2017 | $2,384 | $179,240 | $44,809 | $134,431 |
| 2016 | $2,358 | $175,725 | $43,930 | $131,795 |
| 2015 | $2,368 | $173,085 | $43,270 | $129,815 |
| 2014 | $2,230 | $169,694 | $42,422 | $127,272 |
Source: Public Records
Agents Affiliated with this Home
-
ADRIANA ARTEAGA
-
Karen Urrutia
Buyer's Agent in 2024
Karen Urrutia
LIGHTHOUSE REALTY ASSOC INC
(909) 906-0114
7 in this area
63 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24029599
APN: 0130-271-32
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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