NOT LISTED FOR SALE

Estimated Value: $747,000 - $1,123,000

8 Beds
4 Baths
3,264 Sq Ft
$267/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $392,250 $120 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,197/month

97 Days on Market

Highlights

  • Contemporary Architecture
  • Neighborhood Views
  • Living Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of June 2016

2 Story Quadruplex in city the Moreno Valley.A very nice design with all units 2 bedroom and 1 bath each,featuring good size kitchen and livingroom areas. all units have one car detached garage. and there is a nice sized laundry room on site. Close to shopping and park across the street and 60 and 215 freeways. This property is a fantastic opportunity.

Last Agent to Sell the Property

Todd Newman

Newman Realty Group License #01055337 Listed on: 05/07/2016

Last Buyer's Agent

Elena Rodriguez

License #01780718

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,742

Year Built

  • Built in 1974

Lot Details

  • 9,001 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Property Attached
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,264 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 2556
  • Assessor Parcel Number 291264008

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Water Sewer Expense $4,800
  • New Taxes Expense $3,537
  • Gross Income $3,800
  • Net Operating Income $29,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,742

Year Built

Built in 1974

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 4800.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 291264008
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 120.17
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 9001.00
  • Price Per Lot Square Foot: 43.58
  • Lot Size Acres: 0.2070

Multi Family

  • Gross Income: 3800.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 700.00
  • Lot Size Area: 9001.0000 Square Feet
  • Net Operating Income: 29040.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3537.00
  • Tax Lot: 63
  • Tax Tract Number: 2556

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2016
Closed on
Jun 17, 2016
Sold by
Fannie Mae
Bought by
Rodriguez Elena B
Seller's Agent
Todd Newman
Newman Realty Group
Buyer's Agent
Elena Rodriguez
List Price
$388,500
Sold Price
$392,250
Premium/Discount to List
$3,750
0.97%
Current Estimated Value
$872,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,417
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Nov 4, 2015
Sold by
Mtango Erica U
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 8, 2015
Sold by
Mtango Erica U and Ukiru Judi
Bought by
Mtango Erica U

Purchase Details

Closed on
Feb 3, 2012
Sold by
Mtango Erica U
Bought by
Mtango Erica U and Ukiru Judi M

Purchase Details

Closed on
Jan 24, 2006
Sold by
Mtango Lomba P
Bought by
Mtango Erica U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,750
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 4, 2005
Sold by
Mtango Lomba and Mtango Erica
Bought by
Suji Investments Llc

Purchase Details

Closed on
Dec 31, 2003
Sold by
Mtango Lomba and Mtango Lomba Praise
Bought by
Mtango Lomba and Mtango Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2002
Sold by
Mtango Erica U
Bought by
Mtango Lomba Praise

Purchase Details

Closed on
Sep 17, 2002
Sold by
Corral Oscar
Bought by
Mtango Lomba

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
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2000
Sold by
Hud
Bought by
Corral Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,240
Interest Rate
11.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 1999
Sold by
Crossland Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Sep 18, 1998
Sold by
Rodriguez Eulises M
Bought by
Crossland Mtg Corp

Purchase Details

Closed on
Apr 11, 1997
Sold by
Lopez Brijida
Bought by
Rodriguez Eulises

Purchase Details

Closed on
Nov 27, 1996
Sold by
Andrew Sacino
Bought by
Rodriguez Eulises M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 1994
Sold by
N A Mtg Services Inc
Bought by
American Svgs Bank Fa
Source: Public Records

Range of Values:

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Average Value
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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
Rodriguez Elena B $395,000 Lawyers Title Ie
Federal National Mortgage Association $370,000 Accommodation
Mtango Erica U -- None Available
Mtango Erica U -- None Available
Mtango Erica U -- Accommodation
Mtango Erica U -- Accommodation
Suji Investments Llc -- --
Mtango Lomba -- Investors Title Company
Mtango Lomba Praise -- First American Title Co
Mtango Lomba $225,000 First American Title Co
Corral Oscar $104,000 Orange Coast Title
Hud -- American Title
Crossland Mtg Corp $119,934 Benefit Land Title Ins Co
Rodriguez Eulises -- Commonwealth Land Title Co
Rodriguez Eulises M $70,000 Commonwealth Land Title Co
American Svgs Bank Fa $13,587 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Elena B $357,500
Previous Owner Mtango Erica U $425,750
Previous Owner Mtango Lomba $233,750
Previous Owner Mtango Lomba $180,000
Previous Owner Corral Oscar $93,240
Previous Owner Rodriguez Eulises M $114,800
Closed Mtango Lomba $33,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $392,250 +1.0% $120 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $388,500 -- $119 / 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 $5,742 $467,591 $136,132 $331,459
2023 $5,742 $449,436 $130,847 $318,589
2022 $5,483 $440,625 $128,282 $312,343
2021 $5,387 $431,986 $125,767 $306,219
2020 $5,333 $427,558 $124,478 $303,080
2019 $5,720 $419,176 $122,038 $297,138
2018 $5,118 $410,958 $119,646 $291,312
2017 $4,976 $402,900 $117,300 $285,600
2016 $4,311 $340,000 $110,000 $230,000
2015 $3,537 $271,130 $54,220 $216,910
2014 $3,316 $265,821 $53,159 $212,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16034545

California Regional Multiple Listing Service (CRMLS)

APN: 291-264-008