NOT LISTED FOR SALE

2653 Rosedale Ave Colton, CA 92324

Estimated Value: $888,000 - $1,022,000

2 Beds
1 Bath
3,660 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $500,000 $137 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,881/month

4 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Wall Furnace
  • No HOA
  • Chain Link Fence

About This Home

As of February 2018

These are FOUR units. 2 bedroom each unit. All tenant occupied.Well maintained building with long time tenants
Close to freeway. Not very many properties like this one, for sale in the area.

Last Listed By

Ana Silva

REALTY WORLD CALIFORNIA PROP. License #00899768 Listed on: 12/26/2017

REALTY WORLD CALIFORNIA PROP.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,779

Year Built

  • Built in 1964

Lot Details

  • 9,200 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,660 Sq Ft Home

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 13
  • Assessor Parcel Number 1167101430000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $1,800
  • Water Sewer Expense $804
  • New Taxes Expense $6,250
  • Operating Expense $2,604
  • Gross Income $40,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,779

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 562-618-2892
  • Other Phone Number: 562-618-2892
  • Price Per Unit: 125000
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 804.00
  • Property Type: Residential Income
  • Parcel Number: 1167101430000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 136.61

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Water Available, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size: 9200
  • Lot Size Sq Ft: 9200.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 915 Square Feet
  • Gross Income: 40320.00
  • Gross Scheduled Income: 40320.00
  • Insurance Expense: 1500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 3600.00
  • Rent Control: No
  • Total Actual Rent: 840.00
  • Total Expenses: 2604.00

Tax Info

  • New Taxes Expense: 6250.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2020
Sold by
Group Xiii Properties Lp
Bought by
Group I El Monte Properties Ltd
Total Days on Market
4
Current Estimated Value
$949,848

Purchase Details

Listed on
Dec 26, 2017
Closed on
Jan 19, 2018
Sold by
Giniebra Giniebra Raydel Raydel
Bought by
Group Xiii Properties
Seller's Agent
Ana Silva
REALTY WORLD CALIFORNIA PROP.
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 2, 2012
Closed on
Oct 15, 2012
Sold by
Buckley Jared
Bought by
Salvador Raydel Giniebra
Seller's Agent
John LoCascio
Re/Max Platinum Realty
Buyer's Agent
Ana Silva
REALTY WORLD CALIFORNIA PROP.
List Price
$305,000
Sold Price
$300,000
Premium/Discount to List
-$5,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$274,928
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2000
Sold by
The Word Of Life Ministry Inland Empire
Bought by
Buckley Jared and Buckley Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
8.22%

Purchase Details

Closed on
Dec 29, 1999
Sold by
Hud
Bought by
Word Of Life Ministry Inland Empire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.72%

Purchase Details

Closed on
Oct 27, 1999
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jan 28, 1999
Sold by
Ramirez Jorge R
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Oct 8, 1997
Sold by
Ghuman Neera K
Bought by
Ghuman B J

Purchase Details

Closed on
Jan 29, 1997
Sold by
Kim David H
Bought by
State Street Bank & Trust and Bear Stearns Mtg Securities Inc Mtg Pass

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
Group I El Monte Properties Ltd -- Orange Coast Title Co
Group Xiii Properties $500,000 Old Republic Title
Salvador Raydel Giniebra $298,000 First American Title Company
Buckley Jared $155,000 Lawyers Title Company
Word Of Life Ministry Inland Empire $61,500 Chicago Title Co
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $175,122 First American Title Ins Co
Ghuman B J -- Lawyers Title Company
Ghuman B J $105,000 Lawyers Title Company
State Street Bank & Trust -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Group Xiii Properties Lp $500,000
Previous Owner Salvador Raydel Giniebra $274,928
Previous Owner Buckley Jared $300,000
Previous Owner Buckley Jared $146,000
Previous Owner Buckley Jared $139,500
Previous Owner Word Of Life Ministry Inland Empire $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $500,000 0.0% $137 / Sq Ft
12/30/2017 12/30/17 Pending -- -- --
12/26/2017 12/26/17 For Sale $500,000 +66.7% $137 / Sq Ft
11/15/2012 11/15/12 Sold $300,000 -1.6% $82 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $305,000 -- $83 / 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 $6,779 $557,760 $122,708 $435,052
2023 $6,798 $546,824 $120,302 $426,522
2022 $6,702 $536,102 $117,943 $418,159
2021 $6,839 $525,590 $115,630 $409,960
2020 $6,869 $520,200 $114,444 $405,756
2019 $6,683 $510,000 $112,200 $397,800
2018 $4,259 $322,513 $60,606 $261,907
2017 $4,111 $316,190 $59,418 $256,772
2016 $4,214 $309,990 $58,253 $251,737
2015 $4,081 $305,334 $57,378 $247,956
2014 $3,940 $299,353 $56,254 $243,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17279489

California Regional Multiple Listing Service (CRMLS)

APN: 1167-101-43