NOT LISTED FOR SALE

228 E Wilson St Unit A-D Rialto, CA 92376

Estimated Value: $981,000 - $1,150,000

8 Beds
4 Baths
3,234 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $682,100 $211 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,314/month

6 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Wood Fence
  • Laundry Room
  • 4 Detached Carport Spaces
  • Wall Furnace

About This Home

As of January 2020

Amazing Opportunity 4Units (Quadruplex) for sale in Rialto. All four units are 2 bedrooms / 1 Bathrooms. Covered carport on-premises with additional parking available. All units are in good condition, granite countertops, private patios and access to the private shared laundry room. Excellent location!. This property is located close to schools, shopping areas and has easy access to freeways 10 and 210. Currently, 100% occupied. Expenses are estimated. Don't miss this great opportunity.

Last Agent to Sell the Property

LUIS ZAPATA

HOMEQUEST REAL ESTATE License #01374687 Listed on: 12/27/2019

HOMEQUEST REAL ESTATE

Last Buyer's Agent

Scott Murillo

Scott Murillo Real Estate Services License #01710576

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 0.31 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence

Home Design

  • 3,234 Sq Ft Home
  • Quadruplex
  • Composition Roof

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 21 / B
  • Tax Tract Number 1719
  • Assessor Parcel Number 0131031140000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,562
  • Operating Expense $12,162
  • Gross Income $55,800
  • Net Operating Income $50,238

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0131031140000
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 210.92

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13450.00
  • Lot Size Acres: 0.3088

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 55800.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 13450.0000 Square Feet
  • Net Operating Income: 50238.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 12162.00
  • Rent Control: No
  • Total Actual Rent: 4650.00
  • Total Expenses: 12162.00

Tax Info

  • New Taxes Expense: 8562.00
  • Tax Block: B
  • Tax Census Tract: 37.00
  • Tax Lot: 21
  • Tax Tract Number: 1719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2024
Sold by
Murillo Javier C and Murillo Juana S
Bought by
Murillo Family Trust and Murillo
Current Estimated Value
$1,064,344

Purchase Details

Listed on
Dec 27, 2019
Closed on
Jan 9, 2020
Sold by
Lira Ortega Elvira and Lira Elvira E
Bought by
Murillo Javier C and Murillo Juana S
Seller's Agent
LUIS ZAPATA
HOMEQUEST REAL ESTATE
Buyer's Agent
Scott Murillo
Scott Murillo Real Estate Services
List Price
$685,000
Sold Price
$682,100
Premium/Discount to List
-$2,900
-0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Mar 13, 2013
Sold by
Ortega Frank
Bought by
Lira Elvira E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,018
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2013
Sold by
Alqam Nedal M
Bought by
Lira Elvira E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,018
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2012
Sold by
Abdelkarim Khadija
Bought by
Alqam Nedal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2012
Sold by
La Habra Investment Group Llc
Bought by
Alqam Nedal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2011
Sold by
Rebuilding Together Long Beach
Bought by
La Habra Investment Group Llc

Purchase Details

Closed on
Apr 20, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Rebuilding Together Long Beach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2010
Sold by
Pak Yong Min
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Feb 7, 2006
Sold by
Axton Cynthia K
Bought by
Pak Yong Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
1.52%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murillo Family Trust -- Accommodation/Courtesy Recordi
Murillo Javier C $682,500 Orange Coast Title Company
Lira Elvira E -- Pacific Coast Title
Lira Elvira E $380,000 Pacific Coast Title Company
Alqam Nedal M -- Old Republic Title Company
Alqam Nedal M $335,000 Old Republic Title Company
La Habra Investment Group Llc $310,000 Ticor Title
Rebuilding Together Long Beach $200,000 Ticor Title
Jpmorgan Chase Bank National Association $217,193 Accommodation
Pak Yong Min $538,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lira Elvira E $373,018
Previous Owner Alqam Nedal M $243,000
Previous Owner Rebuilding Together Long Beach $109,000
Previous Owner Pak Yong Min $428,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2020 01/22/20 Sold $682,100 -0.4% $211 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $685,000 -- $212 / 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 $8,975 $745,974 $185,919 $560,055
2024 $8,975 $731,348 $182,274 $549,074
2023 $9,575 $717,008 $178,700 $538,308
2022 $8,889 $702,949 $175,196 $527,753
2021 $8,831 $689,166 $171,761 $517,405
2020 $5,524 $427,761 $90,079 $337,682
2019 $6,403 $419,374 $88,313 $331,061
2018 $6,060 $411,151 $86,581 $324,570
2017 $5,197 $403,089 $84,883 $318,206
2016 $5,138 $395,186 $83,219 $311,967
2015 $5,251 $389,250 $81,969 $307,281
2014 $4,941 $381,625 $80,363 $301,262
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    LUIS ZAPATA

    HOMEQUEST REAL ESTATE

    (909) 994-1444

    22 Total Sales

    LUIS ZAPATA
    Section Image
  • Scott Murillo

    Buyer's Agent in 2020

    Scott Murillo

    Scott Murillo Real Estate Services

    (714) 271-7219

    21 Total Sales

    Scott Murillo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19285983

California Regional Multiple Listing Service (CRMLS)

APN: 0131-031-14

California San Bernardino County Rialto 92376

228 E Wilson St Unit A-D, Rialto, CA

Not Listed for Sale

MultiFamily

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