$1,050,000
SOLD NOV 4, 2022

251 Berkeley Ct Colton, CA 92324

8 Beds
4 Baths
3,360 Sq Ft
10,500 Sq Ft Lot

Recently Sold

$312 Per Sq Ft

5% Below List Price

82 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Mountainous Community
  • Cul-De-Sac
  • Laundry Room
  • Heating Available

About This Home

As of November 2022

Great investment opportunity!!! This beautiful Quadruplex is located minutes from 215 Freeway 60 and 10 Freeway,s and also located minutes from the University of Riverside.
This beautiful 4-Units has 2 Bedrooms and 1 Bathroom each. Completely renovated with remodeled kitchens with cabinets, granite countertops, paint, fixtures, updated bathrooms and flooring throughout. There is a laundry room in the building with coin operated machines. "Please do not disturb the tenants"

Last Agent to Sell the Property

Delia Del Rio

First Team Real Estate License #02005575 Listed on: 07/20/2022

First Team Real Estate

Last Buyer's Agent

Justin Woo

Keller Williams AH/YL License #02031915

Keller Williams AH/YL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,977

Year Built

  • Built in 1964

Lot Details

  • 10,500 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Sprinkler System
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 6
  • Tax Tract Number 6152
  • Assessor Parcel Number 1167101330000
  • $1,381 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Mountainous Community

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $2,300
  • Fuel Expense $1,200
  • Trash Expense $2,640
  • Water Sewer Expense $2,500
  • Operating Expense $7,440
  • Gross Income $6,100
  • Net Operating Income $73,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,977

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 275000
  • Property Attached: Yes
  • Water Sewer Expenses: 2500.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1167101330000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 312.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 2640.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Sprinkler System
  • Lot Size Sq Ft: 10500.00
  • Lot Size Acres: 0.2410

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 2300.00
  • Fuel Expense: 1200.00
  • Gross Income: 6100.00
  • Gross Scheduled Income: 6100.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 300.00
  • Lot Size Area: 10500.0000 Square Feet
  • Net Operating Income: 73200.00
  • 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
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 7440.00
  • Rent Control: No
  • Total Expenses: 7440.00

Tax Info

  • Tax Census Tract: 40.04
  • Tax Lot: 6
  • Tax Tract Number: 6152
  • TaxOtherAnnualAssessmentAmount: 1381.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Nov 2, 2022
Sold by
Rivas Jimmy A and Rivas Diana
Bought by
Foothill Motel Llc
Seller's Agent
Delia Del Rio
First Team Real Estate
Buyer's Agent
Justin Woo
Keller Williams AH/YL
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Total Days on Market
82
Views
21
Current Estimated Value
$1,203,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,529
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Jul 17, 2017
Sold by
Rivas Jimmy
Bought by
Soto Diana Quintana

Purchase Details

Listed on
May 29, 2015
Closed on
Dec 24, 2015
Sold by
Corona Daniel
Bought by
Rivas Jimmy A
Seller's Agent
Gerardo Morales
Equity Smart Real Estate Services
Buyer's Agent
Gerardo Morales
Equity Smart Real Estate Services
List Price
$549,999
Sold Price
$415,000
Premium/Discount to List
-$134,999
-24.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%
Original Mortgage
$407,483
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2013
Sold by
Corona Daniel
Bought by
Corona Daniel and The Daniel Corona Revocable Tr

Purchase Details

Closed on
Oct 19, 2012
Sold by
Antunez Manuel
Bought by
Corona Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2012
Sold by
Madrigal Raul Ceja
Bought by
Antunez Manuel

Purchase Details

Closed on
Dec 30, 2011
Sold by
Madrigal Raul Ceja
Bought by
Antunez Manuel

Purchase Details

Closed on
May 29, 2007
Sold by
Madrigal Maria
Bought by
Madrigal Raul Ceja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,200
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2007
Sold by
Antunez Aracely
Bought by
Antunez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,200
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2007
Sold by
Reyes Ramiro
Bought by
Antunez Manuel and Madrigal Raul Ceja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,200
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2003
Sold by
Reyes Maria
Bought by
Reyes Ramiro and Reyes Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,100
Interest Rate
5.54%

Purchase Details

Closed on
Oct 23, 2000
Sold by
Retana Jose
Bought by
Reyes Maria and Martinez Ramiro Reyes

Purchase Details

Closed on
Sep 12, 1997
Sold by
Ghuman Neera
Bought by
Ghuman B J

Purchase Details

Closed on
Jul 22, 1997
Sold by
Miller David and Miller Suleeporn
Bought by
Guild Mtg Company

Purchase Details

Closed on
Jul 16, 1997
Sold by
Guild Mtg Company
Bought by
Federal Home Loan Mortgage Corporation
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 Type Sale Price Title Company
Grant Deed $1,050,000 First American Title
Grant Deed -- None Available
Grant Deed $415,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $250,000 Calcounties Title Nation
Interfamily Deed Transfer -- Accommodation
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Alliance Title
Interfamily Deed Transfer -- Alliance
Grant Deed $564,000 Alliance
Interfamily Deed Transfer -- Gateway Title
Gift Deed -- --
Interfamily Deed Transfer -- First American Title Ins Co
Corporate Deed $75,000 First American Title Co
Trustee Deed $120,891 First Southwestern Title Co
Corporate Deed -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $403,947 FHA
Previous Owner $407,483 FHA
Previous Owner $245,471 FHA
Previous Owner $451,200 Purchase Money Mortgage
Previous Owner $451,200 Purchase Money Mortgage
Previous Owner $451,200 Purchase Money Mortgage
Previous Owner $354,000 Fannie Mae Freddie Mac
Previous Owner $245,000 Unknown
Previous Owner $160,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $1,050,000 -4.5% $313 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $1,100,000 +165.1% $327 / Sq Ft
02/03/2016 02/03/16 Sold $415,000 -24.5% $113 / Sq Ft
12/24/2015 12/24/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $549,999 +120.0% $150 / Sq Ft
12/26/2012 12/26/12 Sold $250,000 0.0% $68 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $250,000 -- $68 / 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
2024 $12,977 $1,071,000 $265,200 $805,800
2023 $13,014 $1,050,000 $260,000 $790,000
2022 $5,801 $462,941 $89,242 $373,699
2021 $5,919 $453,864 $87,492 $366,372
2020 $5,946 $449,210 $86,595 $362,615
2019 $5,784 $440,402 $84,897 $355,505
2018 $5,691 $431,766 $83,232 $348,534
2017 $5,493 $423,300 $81,600 $341,700
2016 $3,550 $260,059 $43,690 $216,369
2015 $3,438 $256,153 $43,034 $213,119
2014 $3,320 $251,135 $42,191 $208,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22158590

California Regional Multiple Listing Service (CRMLS)

APN: 1167-101-33