NOT LISTED FOR SALE

22431 Terrace Pines Dr Grand Terrace, CA 92313

4 Beds
4 Baths
7,600 Sq Ft
0.33 Acres

Last Sold August 16, 2013

Last sale price $1,210,000 $159 Per Sq Ft

37 Days on Market

About This Home

As of August 2013

We are pleased to exclusively present the Terrace Pines Townhomes, which is a seven unit apartment complex located at 22431 Terrace Pines Drive in the city of Grand Terrace, California. Built in 1989, the property is situated on a 0.33 acre lot and has approximately 7,600 rentable square feet. The unit mix consists of five, two-bedroom/two-bathroom apartments and two, two-bedroom/two and a half-bathroom apartments.

Each apartment comes equipped with an attached two-car garage, washer and dryer hook-ups, central air conditioning and very spacious townhouse style floor plans. Some of the apartments also include fireplaces

There are multiple parcels in the same development listed by broker. Photos may not represent actual property. Please contact the Listing Agent for further details.

Last Agent to Sell the Property

John Stephens

KW COMMERCIAL License #01238307 Listed on: 07/09/2013

KW COMMERCIAL

Last Buyer's Agent

John Stephens

KW COMMERCIAL License #01238307 Listed on: 07/09/2013

KW COMMERCIAL

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 0.33 Acre Lot
  • Two or More Common Walls
  • Density is 21-25 Units/Acre

Parking

  • 14 Car Garage

Home Design

  • 7,600 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 10586
  • Assessor Parcel Number 0275301210000

Community Details

Overview

  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 7 Separate Water Meters
  • Insurance Expense $2,515
  • New Taxes Expense $17,632
  • Gross Income $8,570
  • Net Operating Income $66,165

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Parking

14

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0275301210000
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 159.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 14.00
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 14375.00
  • Lot Size Acres: 0.3300

Multi Family

  • Gross Income: 8570.00
  • Gross Scheduled Income: 102840.00
  • Insurance Expense: 2515.00
  • Lot Size Area: 0.3300 Acres
  • Net Operating Income: 66165.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7
  • Number Of Units Total: 7
  • Operating Expense: 33590.00
  • Rent Control: No
  • Vacancy Allowance: 3

Tax Info

  • New Taxes Expense: 17632.00
  • Tax Lot: 14
  • Tax Tract Number: 10586

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $1,210,000 -3.0% $159 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $1,246,875 -- $164 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Stephens

    Seller's Agent in 2013

    John Stephens

    KW COMMERCIAL

    (909) 509-5908

    4 Total Sales

    John Stephens
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13133623

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County Grand Terrace 92313

22431 Terrace Pines Dr, Grand Terrace, CA

This home is located at 22431 Terrace Pines Dr, Grand Terrace, CA 92313 since 09 July 2013. This property was built in 1989. 22431 Terrace Pines Dr is a home located in San Bernardino County with nearby schools including Grand Terrace Elementary School, Terrace Hills Middle School, and Grand Terrace High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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