NOT LISTED FOR SALE

242 E Jackson St Rialto, CA 92376

Estimated Value: $1,084,543 - $1,188,000

10 Beds
7 Baths
4,696 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $450,000 $96 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $6,606/month

2 Days on Market

About This Home

As of September 2013

Very nice fully rented 4 unit complex. Three 3 bedrooms and 2 Bath units and one 1 bedroom and 1 bath unit. Very good condition

Last Agent to Sell the Property

GARY KARASAWA

Mark III Properties License #00572414 Listed on: 07/25/2013

Last Buyer's Agent

XIANG LI

STAR MAX REATLY License #01910871

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 7,192 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 4,696 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 7601
  • Assessor Parcel Number 0127321110000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Insurance Expense $2,000
  • Trash Expense $1,680
  • Water Sewer Expense $3,000
  • New Taxes Expense $5,300
  • Gross Income $3,840
  • Net Operating Income $39,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 0127321110000
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 95.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 1680.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7192.00
  • Lot Size Acres: 0.1650

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 3840.00
  • Gross Scheduled Income: 46080.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7192.0000 Square Feet
  • Net Operating Income: 39780.00
  • 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: 6300.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5300.00
  • Tax Lot: 12
  • Tax Tract Number: 7601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Hang Warren Hong
Bought by
Hang Truong Living Trust
Current Estimated Value
$1,154,886

Purchase Details

Listed on
Jul 25, 2013
Closed on
Sep 11, 2013
Sold by
Wong Samuel L and Wong Shirley C W
Bought by
Hang Quang Warren Nong and Truong Karen
Seller's Agent
GARY KARASAWA
Mark III Properties
Buyer's Agent
XIANG LI
STAR MAX REATLY
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$315,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2008
Sold by
Beatty Eric P
Bought by
Wong Samuel L and Wong Shirley Cw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2007
Sold by
Cambrone Ernesto Z
Bought by
Lasalle Bank Na and Gsamp Trust 2005-He6 Mortgage Pass Throu

Purchase Details

Closed on
Dec 13, 2006
Sold by
Cambrone Ernesto Z
Bought by
M I M Investments Llc

Purchase Details

Closed on
Jul 13, 2005
Sold by
Barragan Antonia
Bought by
Cambrone Ernesto Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.27%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 2004
Sold by
Chavez Juan Armando
Bought by
Barragan Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,900
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
Barragan Ignacio
Bought by
Barragan Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,900
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2004
Sold by
Roel Elsa Patricia
Bought by
Chavez Juan Armando

Purchase Details

Closed on
Nov 1, 2001
Sold by
Vaquerano Santos
Bought by
Roel Elsa Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
9.25%

Purchase Details

Closed on
Sep 24, 2001
Sold by
Vaquerano Sonia I
Bought by
Vaquerano Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
9.25%

Purchase Details

Closed on
Jul 6, 2001
Sold by
Hud
Bought by
Vaquerano Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.91%

Purchase Details

Closed on
May 31, 2000
Sold by
Chase Manhattan Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Aug 20, 1998
Sold by
Defour Delicia A
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Oct 30, 1996
Sold by
Christian Steve and Lazo Guadalupe
Bought by
Defour Delicia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,468
Interest Rate
7.67%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Christian Steve and Lazo Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.97%

Purchase Details

Closed on
Jun 5, 1995
Sold by
Hsieh Edward H and Hsieh Esther Y
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.97%

Purchase Details

Closed on
Nov 11, 1994
Sold by
Hsieh Edward H and Hsieh Esther Y
Bought by
Hsieh Loo Ting
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hang Truong Living Trust -- --
Hang Quang Warren Nong $450,000 Advantage Title Inc
Wong Samuel L $400,000 First Southwestern Title Co
Lasalle Bank Na $463,465 Fnt
M I M Investments Llc -- Investors Title Company
Cambrone Ernesto Z $540,000 Southland Title Of Burbank
Barragan Antonia $450,000 Southland Title Corporation
Barragan Antonia -- Southland Title Corporation
Chavez Juan Armando -- --
Chavez Juan Armando -- --
Roel Elsa Patricia $203,000 First American Title Ins Co
Vaquerano Santos -- First American Title Co
Vaquerano Santos $111,500 First American Title Co
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $124,321 First American Title Ins Co
Defour Delicia A $115,000 Chicago Title Co
Christian Steve $70,000 Commonwealth Land Title Co
Federal Home Loan Mortgage Corporation $55,000 United Title Company
Hsieh Loo Ting -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hang Quang Warren Nong $315,000
Previous Owner Wong Samuel L $300,000
Previous Owner Cambrone Ernesto Z $432,000
Previous Owner Barragan Antonia $314,900
Previous Owner Roel Elsa Patricia $160,000
Previous Owner Vaquerano Santos $17,000
Previous Owner Vaquerano Santos $68,000
Previous Owner Defour Delicia A $114,468
Previous Owner Christian Steve $56,000
Closed Roel Elsa Patricia $40,000
Closed Barragan Antonia $112,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2013 09/13/13 Sold $450,000 0.0% $96 / Sq Ft
07/27/2013 07/27/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $450,000 -- $96 / 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 $6,664 $551,639 $122,586 $429,053
2024 $6,664 $540,822 $120,182 $420,640
2023 $7,107 $530,217 $117,825 $412,392
2022 $6,600 $519,821 $115,515 $404,306
2021 $6,558 $509,628 $113,250 $396,378
2020 $6,601 $504,403 $112,089 $392,314
2019 $6,451 $494,513 $109,891 $384,622
2018 $6,262 $484,816 $107,736 $377,080
2017 $6,215 $475,310 $105,624 $369,686
2016 $6,146 $465,990 $103,553 $362,437
2015 $6,173 $458,991 $101,998 $356,993
2014 $5,807 $450,000 $100,000 $350,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    GARY KARASAWA

    Mark III Properties

    (626) 287-3348

    65 Total Sales

    GARY KARASAWA
    Section Image

  • X

    Buyer's Agent in 2013

    XIANG LI

    STAR MAX REATLY

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13147148

California Regional Multiple Listing Service (CRMLS)

APN: 0127-321-11

California San Bernardino County Rialto 92376

242 E Jackson St, Rialto, CA

Not Listed for Sale

MultiFamily

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