NOT LISTED FOR SALE

271 N Palm Ave Upland, CA 91786

Estimated Value: $877,321 - $1,137,000

5 Beds
4 Baths
2,500 Sq Ft
$382/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $750,000 $300 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,052/month

7 Days on Market

Highlights

  • No HOA
  • Upland High School Rated A-
  • Laundry Room

About This Home

As of August 2021

Great investment Quadruplex located in the charming city of Upland! Located near Upland's Historical History downtown, trails and freeway access. Perfect for the savvy entrepreneur! This four unit property offers one unit with two bedrooms and one bath. The other 3 units are one bedroom, one bath and private patio. Each unit has its own private carport. Each unit is approximately 650 sq feet. Low maintenance yard.

Last Listed By

Blanca Orozco

Richco Real Estate Services License #01745369 Listed on: 05/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,477

Year Built

  • Built in 1958

Lot Details

  • 6,862 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,500 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8
  • Assessor Parcel Number 1046363040000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Insurance Expense $1,080
  • Trash Expense $1,200
  • Water Sewer Expense $840
  • New Taxes Expense $5,272
  • Operating Expense $11,392
  • Net Operating Income $3,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,477

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 840.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1046363040000
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 300.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • 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: 2-5 Units/Acre
  • Lot Size Sq Ft: 6862.00
  • Lot Size Acres: 0.1575

Multi Family

  • Electric Expense: 3000.00
  • Gross Scheduled Income: 3580.00
  • Insurance Expense: 1080.00
  • Lot Size Area: 6862.0000 Square Feet
  • Net Operating Income: 3580.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Expenses: 11392.00

Tax Info

  • New Taxes Expense: 5272.00
  • Tax Lot: 1
  • Tax Tract Number: 8.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Sep 9, 2021
Sold by
Girgis Mefret Fares Younan
Bought by
Amgd Investments Llc
Seller's Agent
Blanca Orozco
Richco Real Estate Services
Buyer's Agent
Samuel Mikhail
The New City Realty
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Total Days on Market
7
Current Estimated Value
$955,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,080
Avg. Annual Appreciation
6.57%

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 2, 2021
Sold by
Dias Tony B and Dias Louise M
Bought by
Girgis Mefreh Fares Younan
Seller's Agent
Blanca Orozco
Richco Real Estate Services
Buyer's Agent
Samuel Mikhail
The New City Realty
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 24, 2021
Sold by
Girgis Sherin
Bought by
Girgis Mefreh Fares Younan
Seller's Agent
Blanca Orozco
Richco Real Estate Services
Buyer's Agent
Samuel Mikhail
The New City Realty
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2021
Sold by
Dias Tony B and Dias Louise M
Bought by
Dias Tony B and Dias Louise M

Purchase Details

Closed on
Apr 16, 2013
Sold by
Dias Tony B
Bought by
Dias Tony B and Dias Louise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2013
Sold by
Dias Anthony C
Bought by
Dias Tony B and Dias Louise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
The Bank Of New York Mellon
Bought by
Dias Tony B and Dias Louise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2011
Sold by
Ramirez Raul Armando and Mejia Gloria Marisol
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 15, 2005
Sold by
Hennings Hugo H
Bought by
Ramirez Raul Armando and Mejia Gloria Marisol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 13, 2003
Sold by
Hennings Hugo H
Bought by
Hennings Hugo H and Hennings Ramona

Purchase Details

Closed on
May 7, 2003
Sold by
Hennings Hugo H and Hennings Ramona
Bought by
Hennings Hugo H and Hennings Ramona

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Amgd Investments Llc -- Accommodation
Girgis Mefreh Fares Younan $750,000 Corinthian Title
Girgis Mefreh Fares Younan -- Corinthian Title
Dias Tony B -- None Available
Dias Tony B -- Chicago Title Company
Dias Tony B -- Chicago Title Company
Dias Tony B $375,000 Fidelity National Title Co
The Bank Of New York Mellon $558,609 Accommodation
Ramirez Raul Armando $605,000 Commonwealthlandtitle Glenda
Hennings Hugo H -- --
Hennings Hugo H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Girgis Mefreh Fares Younan $562,500
Previous Owner Dias Tony B $281,250
Previous Owner Dias Tony B $281,250
Previous Owner Ramirez Raul Armando $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $750,000 -6.1% $300 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $799,000 -- $320 / 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 $8,477 $780,300 $223,686 $556,614
2023 $8,352 $765,000 $219,300 $545,700
2022 $8,173 $750,000 $215,000 $535,000
2021 $5,419 $482,023 $164,951 $317,072
2020 $5,272 $477,081 $163,260 $313,821
2019 $5,255 $467,727 $160,059 $307,668
2018 $5,127 $458,556 $156,921 $301,635
2017 $4,979 $449,565 $153,844 $295,721
2016 $4,755 $440,750 $150,827 $289,923
2015 $4,647 $434,129 $148,561 $285,568
2014 $4,527 $425,625 $145,651 $279,974
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21114273

California Regional Multiple Listing Service (CRMLS)

APN: 1046-363-04