NOT LISTED FOR SALE

Estimated Value: $696,000 - $827,000

4 Beds
4 Baths
2,100 Sq Ft
$366/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $545,000 $260 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,660/month

37 Days on Market

About This Home

As of November 2020

Great investment! A fourplex Located in a quiet area of Moreno Valley. These four 1 bed, 1 bath units are a short drive to schools, shopping centers, and the 60 freeway; perfect for commuters. Step inside where you are welcomed by the living area, here you'll find captivating natural light, and neutral colors throughout. The kitchens have plenty of cabinets and counter space, and open to the living area making it a great open concept space. Don't miss your chance to own this great investment fourplex!

Last Agent to Sell the Property

Steven Amaya

NEST REAL ESTATE License #01307925 Listed on: 08/10/2020

NEST REAL ESTATE

Last Buyer's Agent

PRESTON PISCHKE

EMPIRE REAL ESTATE SOLUTIONS License #02058996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,531

Year Built

  • Built in 1975

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 2,100 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 41
  • Tax Tract Number 2831
  • Assessor Parcel Number 291293007

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,229
  • Trash Expense $1,487
  • Water Sewer Expense $665
  • Operating Expense $3,381
  • Gross Income $43,355
  • Net Operating Income $29,242

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,531

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Other Phone Description: Ben Herrera
  • Other Phone Number: 909-382-1301
  • Property Attached: Yes
  • Water Sewer Expenses: 665.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 291293007
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 259.52

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1487.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 43355.00
  • Gross Scheduled Income: 4335.00
  • Insurance Expense: 1229.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 29242.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14115.00
  • Rent Control: No
  • Total Expenses: 3381.00

Tax Info

  • Tax Census Tract: 467.00
  • Tax Lot: 41
  • Tax Tract Number: 2831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 22, 2020
Sold by
Amaya Steven Anthony
Bought by
Young Tishawn and Young Cheyenne
Seller's Agent
Steven Amaya
NEST REAL ESTATE
Buyer's Agent
PRESTON PISCHKE
EMPIRE REAL ESTATE SOLUTIONS
List Price
$545,000
Sold Price
$545,000
Current Estimated Value
$736,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,413
Avg. Annual Appreciation
6.51%
Original Mortgage
$512,311
Outstanding Balance
$456,923
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$279,956

Purchase Details

Closed on
Mar 21, 2018
Sold by
Amaya Liliana
Bought by
Amaya Steven Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2018
Sold by
Prestige Worldwide Llc
Bought by
Amaya Steven Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2017
Sold by
Fors Lance and Selover Charlotte H
Bought by
Prestige Worldwide Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 18, 2006
Sold by
Segal Jack L
Bought by
Fors Lance and Selover Charlotte H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Young Tishawn $530,000 Ticor Title Company
Amaya Steven Anthony -- Ticor Title Riverside
Amaya Steven Anthony -- Ticor Title
Prestige Worldwide Capital Llc $278,000 Ticor Title
Fors Lance -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Tishawn $512,311
Previous Owner Amaya Steven Anthony $278,000
Previous Owner Prestige Worldwide Capital $89,899
Previous Owner Prestige Worldwide Capital Llc $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $545,000 0.0% $260 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $545,000 -- $260 / 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 $7,531 $573,687 $108,242 $465,445
2023 $7,531 $551,412 $104,040 $447,372
2022 $7,021 $540,600 $102,000 $438,600
2021 $6,903 $530,000 $100,000 $430,000
2020 $4,212 $289,231 $62,424 $226,807
2019 $4,157 $283,560 $61,200 $222,360
2018 $3,947 $278,000 $60,000 $218,000
2017 $4,664 $356,286 $61,659 $294,627
2016 $4,622 $349,300 $60,450 $288,850
2015 $4,562 $344,055 $59,543 $284,512
2014 $4,281 $337,318 $58,378 $278,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20161832

California Regional Multiple Listing Service (CRMLS)

APN: 291-293-007