$275,000
SOLD APR 30, 2015 RENTED JUN 6, 2024

263 W F St Colton, CA 92324

6 Beds
3 Baths
2,444 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

6% Above List Price

80 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Private Yard
  • Living Room
  • 4-minute walk to Fleming Park

About This Home

As of January 2020

Great opportunity to purchase a great rental investment in the city of Colton. This Triplex offers long term tenants, long term rents, well maintained property and a complex that you will not be disapointed with. All 3 units are attached, each unit it approximately 815sqft, all have separate meter's, roof central heating and air units, tons of parking on the street and a 3 car carport. Perfect for investor who is looking for a solid return, property will not last long so please contact us. Thank you in advance for your interest.

Last Agent to Sell the Property

Juan Aguirre

Realty Masters & Associates License #01886773 Listed on: 04/17/2015

Realty Masters & Associates

Co-Listed By

JESSIE MORFIN

EXP REALTY OF CALIFORNIA INC License #01370555

Last Buyer's Agent

Juan Aguirre

Realty Masters & Associates License #01886773 Listed on: 04/17/2015

Realty Masters & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 1988

Lot Details

  • 7,500 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Block Wall Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,444 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 3 Parking Spaces
  • 3 Detached Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care
  • Legal Lot and Block 20 / 63
  • Tax Tract Number 11
  • Assessor Parcel Number 0162042200000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $707
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $2,258
  • Operating Expense $4,765
  • Net Operating Income $19,435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,258

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved, Maintained, Paved
  • View: No
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 0162042200000
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 112.52
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Foundation: Slab
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Detached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Level, Landscaped, Lot 6500-9999, Paved, Sprinkler System, Yard
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care

Multi Family

  • Gross Scheduled Income: 24200.00
  • Insurance Expense: 707.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 19435.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 4765.00
  • Rent Control: No
  • Total Actual Rent: 2010.00
  • Total Expenses: 4765.00

Tax Info

  • New Taxes Expense: 2258.00
  • Tax Block: 63
  • Tax Lot: 20
  • Tax Tract Number: 011
  • Tax Annual Amount: 2258.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Tang Arthur
Bought by
Arthur Tang Family Trust
Total Days on Market
80
Current Estimated Value
$845,337

Purchase Details

Closed on
Jul 6, 2021
Sold by
Tang Arthur and The Arthur Tang Family Trust
Bought by
Tang Arthur and Tang Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jan 3, 2020
Sold by
Lam Arena C
Bought by
Lam Thieng Hanh
Seller's Agent
Lawrence Schoelch
GOLDEN WEST REAL ESTATE
Buyer's Agent
ASHLEY TANG
HANDFORE REALTY CORP.
List Price
$538,000
Sold Price
$545,000
Premium/Discount to List
$7,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 14, 2019
Sold by
Trinity Capital Llc
Bought by
Tang Arthur
Seller's Agent
Lawrence Schoelch
GOLDEN WEST REAL ESTATE
Buyer's Agent
ASHLEY TANG
HANDFORE REALTY CORP.
List Price
$538,000
Sold Price
$545,000
Premium/Discount to List
$7,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 17, 2015
Closed on
Apr 22, 2015
Sold by
The Helen E Brown Revocable Trust
Bought by
Trinity Capital Llc
Seller's Agent
Juan Aguirre
Realty Masters & Associates
Buyer's Agent
Juan Aguirre
Realty Masters & Associates
List Price
$259,900
Sold Price
$275,000
Premium/Discount to List
$15,100
5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%

Purchase Details

Closed on
Nov 24, 2003
Sold by
Brown Helen E
Bought by
The Helen E Brown Revocable Trust
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 Type Sale Price Title Company
Grant Deed -- First American Title
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Wfg National Title Co Of Ca
Grant Deed $545,000 Wfg National Title Company
Grant Deed $275,000 First American
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $398,000 New Conventional
Previous Owner $400,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Rented $1,900 0.0% --
05/06/2024 05/06/24 For Rent $1,900 +21.8% --
08/31/2020 08/31/20 Rented $1,560 0.0% --
08/27/2020 08/27/20 Price Changed $1,560 -1.0% $2 / Sq Ft
08/10/2020 08/10/20 For Rent $1,575 0.0% --
01/08/2020 01/08/20 Sold $545,000 0.0% $223 / Sq Ft
11/23/2019 11/23/19 Off Market $545,000 -- --
11/07/2019 11/07/19 For Sale $538,000 +95.6% $220 / Sq Ft
04/30/2015 04/30/15 Sold $275,000 +5.8% $113 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $259,900 -- $106 / 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 $7,103 $584,349 $107,220 $477,129
2023 $7,123 $572,892 $105,118 $467,774
2022 $7,022 $561,659 $103,057 $458,602
2021 $7,166 $550,646 $101,036 $449,610
2020 $3,653 $274,534 $60,334 $214,200
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15017422

California Regional Multiple Listing Service (CRMLS)

APN: 0162-042-23