NOT LISTED FOR SALE

Estimated Value: $964,000 - $1,168,000

7 Beds
6 Baths
3,756 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 09, 2017

Last sale price $615,000 $164 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,615/month

76 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Wooded Lot
  • Lawn
  • Laundry Room

About This Home

As of March 2017

HUGH PRICE REDUCTION.......THIS IS A TERRIFIC INVESTMENT PROPERTY TO ENHANCE YOUR PERSONAL PORTFOLIO, WITH VERY SPACIOUS, OPEN FLOOR PLANS. ALL UNITS HAVE A FIREPLACE, AND THE FOLLOWING AMENTIES:

(1) 3 BEDROOM, 2 BATHROOM, ( 2 ) 2 BEDROOM 2 BATHROOM, & ( 3 ) 2 CAR GARAGES. THIS PROPERTY IS IN AN IDEAL LOCATION, AND IS LOCATED CLOSE TO THE CITY OF CLAREMONT BOARDER, PUBLIC TRANSPORTATION, SCHOOLS, HOSPITAL, AND VERY CLOSE TO SHOPPING.

DRIVE BY ONLY---MAKE OFFERS SUBJECT TO INTERIOR INSPECTION--PLEASE DO NOT ATTEMPT TO MAKE CONTACT WITH THE TENANTS. NEEDS A LITTLE TLC.
DON'T MISS OUT ON THIS OUTSTANDING INVESTMENT OPPORTUNITY.

Last Agent to Sell the Property

Linda Bradleky

RE/MAX CHAMPIONS License #00812349 Listed on: 11/09/2016

RE/MAX CHAMPIONS

Last Buyer's Agent

Jesse Reyes

Re/Max Top Producers License #01507176

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,168

Year Built

  • Built in 1964

Lot Details

  • 9,362 Sq Ft Lot
  • 1 Common Wall
  • Wooded Lot
  • Lawn
  • Front Yard

Parking

  • 6 Car Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Asbestos Shingle Roof
  • Stucco

Interior Spaces

  • 3,756 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Source of electricity is unknown
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Tax Lot 11
  • Tax Tract Number 29349
  • Assessor Parcel Number 8366023019

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,500
  • Insurance Expense $882
  • Trash Expense $1,284
  • Water Sewer Expense $2,500
  • New Taxes Expense $8,667
  • Operating Expense $14,838
  • Gross Income $41,100
  • Net Operating Income $26,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,168

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Other Phone Description: 909-268-8010
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 2500.00
  • Architectural Style: Traditional
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 8366023019
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Price Per Square Foot: 163.74

Exterior Features

  • Pool Private: No
  • Roof: Asbestos Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - Unknown
  • Heating Type: Electric
  • Sewer: Unknown
  • Trash Expense: 1284.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Treed Lot
  • Lot Size Sq Ft: 9362.00

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Gross Income: 41100.00
  • Gross Scheduled Income: 41100.00
  • Insurance Expense: 882.00
  • Net Operating Income: 26262.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 14838.00
  • Rent Control: No
  • Total Expenses: 14838.00

Tax Info

  • New Taxes Expense: 8667.00
  • Tax Lot: 11
  • Tax Tract Number: 29349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Qi Lin and Yang Jing
Bought by
Qi Lin and Yang Jing
Current Estimated Value
$1,073,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Outstanding Balance
$389,277
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$676,204

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jan 25, 2017
Sold by
Salazar Lilly and The Smith & Salazar Family Liv
Bought by
Qi Lin and Yang Jing
Seller's Agent
Linda Bradleky
RE/MAX CHAMPIONS
Buyer's Agent
Jesse Reyes
Re/Max Top Producers
List Price
$688,888
Sold Price
$615,000
Premium/Discount to List
-$73,888
-10.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$461,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2016
Sold by
Smith Thomas
Bought by
Smith Thomas H and Salazar Lilly

Purchase Details

Closed on
Dec 21, 2010
Sold by
Salazar Lilly Lydia
Bought by
Smith Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2010
Sold by
Petrie Rodney
Bought by
Smith Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2002
Sold by
Lindsey Bruce D
Bought by
Petrie Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.99%

Purchase Details

Closed on
Jul 13, 2000
Sold by
Morequity Inc
Bought by
Lindsey Bruce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.07%

Purchase Details

Closed on
Jan 12, 2000
Sold by
Galdi Robert A
Bought by
Morequity Inc

Purchase Details

Closed on
Sep 16, 1997
Sold by
Bruyn Paige D
Bought by
Bruyn Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 15, 1997
Sold by
Bruyn Jeffrey Alan
Bought by
Caldi Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 8, 1997
Sold by
Us Bank National Assn
Bought by
Bruyn Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 4, 1997
Sold by
Jaramillo Hugo and Jaramillo Socorro
Bought by
American Svgs Bank Fa
Source: Public Records

Range of Values:

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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
Qi Lin -- Wfg National Title Co Of Ca
Qi Lin $615,000 Corinthian Title Company
Smith Thomas H -- None Available
Smith Thomas -- First American Title Company
Smith Thomas $300,000 First American Title Company
Petrie Rodney $528,000 Chicago Title Co
Lindsey Bruce D $175,000 American Title Co
Morequity Inc $125,000 American Title
Bruyn Jeffrey A -- Investors Title Company
Caldi Robert A $180,000 Investors Title Company
Bruyn Jeffrey A $118,000 Investors Title Company
Us Bank National Assn -- Investors Title Company
American Svgs Bank Fa $199,220 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qi Lin $436,000
Closed Qi Lin $461,000
Previous Owner Smith Thomas $223,000
Previous Owner Smith Thomas $225,000
Previous Owner Petrie Rodney $76,985
Previous Owner Petrie Rodney $107,000
Previous Owner Lindsey Bruce D $140,000
Previous Owner Galdi Robert A $18,000
Previous Owner Caldi Robert A $144,000
Closed Lindsey Bruce D $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2017 03/09/17 Sold $615,000 -0.1% $164 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
12/28/2016 12/28/16 Price Changed $615,888 -10.6% $164 / Sq Ft
11/09/2016 11/09/16 For Sale $688,888 -- $183 / 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 $9,168 $713,754 $249,522 $464,232
2024 $9,168 $699,760 $244,630 $455,130
2023 $8,989 $686,040 $239,834 $446,206
2022 $8,848 $672,589 $235,132 $437,457
2021 $8,635 $659,402 $230,522 $428,880
2020 $8,607 $652,642 $228,159 $424,483
2019 $8,823 $639,846 $223,686 $416,160
2018 $8,179 $627,300 $219,300 $408,000
2016 $4,403 $324,676 $162,338 $162,338
2015 $4,367 $319,800 $159,900 $159,900
2014 $4,352 $313,536 $156,768 $156,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16745693

California Regional Multiple Listing Service (CRMLS)

APN: 8366-023-019