NOT LISTED FOR SALE

228 E Wilson St Rialto, CA 92376

Estimated Value: $988,000 - $1,192,000

8 Beds
4 Baths
3,234 Sq Ft
$333/Sq Ft Est. Value

Last Sold March 20, 2013

Last sale price $379,900 $117 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $6,380/month

104 Days on Market

Highlights

  • Property is near public transit
  • Paved or Partially Paved Lot
  • Back Yard

About This Home

As of March 2013

Standard Sale. Property has been recently upgraded and remodeled. All four units are 2 bedrooms/1 bath with common area laundry room. Covered carport on premises with additional parking available. Property is currently 75% occupied. Expenses are estimated. Seller makes no representations nor guarantees about the accuracy of the expenses.

Last Agent to Sell the Property

George Rahal

NATIONAL REALTY GROUP License #01861328 Listed on: 02/07/2013

NATIONAL REALTY GROUP

Last Buyer's Agent

LUIS ZAPATA

HOMEQUEST REAL ESTATE License #01374687

HOMEQUEST REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 0.31 Acre Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Back Yard

Home Design

  • 3,234 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 1719
  • Assessor Parcel Number 0131031140000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $2,760
  • New Taxes Expense $4,078
  • Gross Income $3,600
  • Net Operating Income $33,362

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2760.00
  • Property Type: Residential Income
  • Parcel Number: 0131031140000
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 117.47

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Paved, Near Public Transit
  • Lot Size Sq Ft: 13450.00
  • Lot Size Acres: 0.3090

Multi Family

  • Gross Income: 3600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 13450.0000 Square Feet
  • Net Operating Income: 33362.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9838.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4078.00
  • 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
$1,078,164

Purchase Details

Closed on
Jan 9, 2020
Sold by
Lira Ortega Elvira and Lira Elvira E
Bought by
Murillo Javier C and Murillo Juana S

Purchase Details

Listed on
Feb 7, 2013
Closed on
Mar 13, 2013
Sold by
Ortega Frank
Bought by
Lira Elvira E
Seller's Agent
George Rahal
NATIONAL REALTY GROUP
Buyer's Agent
LUIS ZAPATA
HOMEQUEST REAL ESTATE
List Price
$379,900
Sold Price
$379,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$373,018
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 7, 2013
Closed on
Feb 13, 2013
Sold by
Alqam Nedal M
Bought by
Lira Elvira E
Seller's Agent
George Rahal
NATIONAL REALTY GROUP
Buyer's Agent
LUIS ZAPATA
HOMEQUEST REAL ESTATE
List Price
$379,900
Sold Price
$379,900

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

Listed on
May 2, 2012
Closed on
Jun 6, 2012
Sold by
Abdelkarim Khadija
Bought by
Alqam Nedal M
Seller's Agent
Ray Sedighi
Citywide Group Inc.
Buyer's Agent
PETER MAKHLOUF
Embassy Financial Group Inc.
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.00%
Original Mortgage
$243,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2012
Closed on
May 22, 2012
Sold by
La Habra Investment Group Llc
Bought by
Alqam Nedal M
Seller's Agent
Ray Sedighi
Citywide Group Inc.
Buyer's Agent
PETER MAKHLOUF
Embassy Financial Group Inc.
List Price
$335,000
Sold Price
$335,000

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 Prior Sale
03/20/2013 03/20/13 Sold $379,900 +42111.1% $117 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
12/01/2012 12/01/12 Rented $900 0.0% --
12/01/2012 12/01/12 Under Contract -- -- --
10/30/2012 10/30/12 For Rent $900 0.0% --
10/26/2012 10/26/12 For Sale $379,900 +13.4% $117 / Sq Ft
07/11/2012 07/11/12 Sold $335,000 0.0% $104 / Sq Ft View Prior Sale
06/10/2012 06/10/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $335,000 -- $104 / 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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV12133321

California Regional Multiple Listing Service (CRMLS)

APN: 0131-031-14