NOT LISTED FOR SALE

253 E E St Colton, CA 92324

Estimated Value: $451,563 - $503,000

1 Bed
1 Bath
1,062 Sq Ft
$447/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $440,000 $414 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,839/month

13 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • 3-minute walk to Central Park
  • Tile Flooring
  • Wall Furnace

About This Home

As of November 2022

Very good opportunity to own a Duplex in the heart of Colton., LOCATION!!! you can not go wrong with this property, two units and room to expand., walking distance to stores, police department just around the corner and surrounding by new homes. LOCATION!!! recently remodeled and ready to move in.... Did I mention LOCATION!!!

Last Agent to Sell the Property

LORENA GILMAN

BONA REAL ESTATE #1/FONTANA License #01348586 Listed on: 10/15/2022

Last Buyer's Agent

XOCHILT ESQUEDA

NEW INNOVATION REAL ESTATE License #02125312

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • 1,062 Sq Ft Home
  • Duplex

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 47
  • Assessor Parcel Number 0162053040000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,400
  • Fuel Expense $700
  • Insurance Expense $900
  • Trash Expense $600
  • Operating Expense $3,600
  • Gross Income $32,400
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0162053040000
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Price Per Square Foot: 414.31

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Electric Expense: 1400.00
  • Fuel Expense: 700.00
  • Gross Income: 32400.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 900.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 3600.00

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Nov 14, 2022
Sold by
Echeverria Karin Carla
Bought by
Echeverria Sydney M
Seller's Agent
LORENA GILMAN
BONA REAL ESTATE #1/FONTANA
Buyer's Agent
XOCHILT ESQUEDA
NEW INNOVATION REAL ESTATE
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
42
Current Estimated Value
$474,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,641
Avg. Annual Appreciation
2.47%
Original Mortgage
$432,030
Outstanding Balance
$418,136
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$56,505

Purchase Details

Listed on
Oct 15, 2022
Closed on
Nov 2, 2022
Sold by
Delgado Ralph R
Bought by
Echeverria Sydney M
Seller's Agent
LORENA GILMAN
BONA REAL ESTATE #1/FONTANA
Buyer's Agent
XOCHILT ESQUEDA
NEW INNOVATION REAL ESTATE
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,030
Outstanding Balance
$418,136
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$56,505

Purchase Details

Closed on
Sep 8, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Delgado Ralph R and Delgado Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2008
Sold by
Prado Gabriel
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 7, 2007
Sold by
Sample Lucie and The Sally Lou Brin Revocable T
Bought by
Prado Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Brin Sally Lou and Ruth Maysel Reyman Trust
Bought by
Brin Sally Lou and Sally Lou Brin 2004 Revocable
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
Echeverria Sydney M -- Lawyers Title
Echeverria Sydney M $440,000 Lawyers Title
Delgado Ralph R $130,000 Chicago Title Co
Federal Home Loan Mortgage Corporation $213,614 Orange Coast Title
Prado Gabriel $265,000 First American Title Company
Brin Sally Lou -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Echeverria Sydney M $432,030
Closed Echeverria Sydney M $432,030
Previous Owner Delgado Ralph R $65,000
Previous Owner Prado Gabriel $251,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $440,000 -2.2% $414 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $450,000 -- $424 / 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 $4,226 $353,736 $135,252 $218,484
2024 $4,226 $346,800 $132,600 $214,200
2023 $4,238 $340,000 $130,000 $210,000
2022 $2,752 $218,428 $84,944 $133,484
2021 $2,808 $214,145 $83,278 $130,867
2020 $2,821 $211,949 $82,424 $129,525
2019 $2,744 $207,793 $80,808 $126,985
2018 $2,701 $203,719 $79,224 $124,495
2017 $2,056 $156,800 $44,800 $112,000
2016 $1,909 $139,000 $39,700 $99,300
2015 $1,724 $127,400 $36,400 $91,000
2014 $1,588 $119,000 $34,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22222994

California Regional Multiple Listing Service (CRMLS)

APN: 0162-053-04