NOT LISTED FOR SALE

272 E Jackson St Rialto, CA 92376

Estimated Value: $1,029,856 - $1,200,000

10 Beds
7 Baths
4,696 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $315,000 $67 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $6,303/month

16 Days on Market

About This Home

As of June 2012

Nice 4plex unit building in Rialto. Has 3 units with 3 bedrooms, 2 baths each and 1 unit is 1 bedroom one bath. Total gross area is 4,496 sqft, for an approx avg of 1,100 sqft per unit. (Buyer to measure and verify). Conveniently located close to shopping, supermarkets, schools, and more. Buyer to cooperate with seller thru a 1031 exchange.

Last Agent to Sell the Property

CARLOS PEIRO

BONITA PROPERTIES License #01134364 Listed on: 04/07/2012

Last Buyer's Agent

Irma Valencia

Valencia Realty License #01048506

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 7,192 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 4,696 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 15
  • Tax Tract Number 7601
  • Assessor Parcel Number 0127321080000

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $2,500
  • Trash Expense $1,620
  • Water Sewer Expense $3,000
  • New Taxes Expense $4,491
  • Gross Income $3,400
  • Net Operating Income $26,349

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 8.36
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 0127321080000
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 67.08

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Trash Expense: 1620.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7192.00
  • Lot Size Acres: 0.1650

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 3400.00
  • Gross Multiplier: 7.72
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 7192.0000 Square Feet
  • Net Operating Income: 26349.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 12411.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 4491.00
  • Tax Lot: 15
  • Tax Tract Number: 7601
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2012
Closed on
Jun 16, 2012
Sold by
Potvin John E and Potvin Judith
Bought by
Duran Armando and Duran Valerie G
Seller's Agent
CARLOS PEIRO
BONITA PROPERTIES
Buyer's Agent
Irma Valencia
Valencia Realty
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$1,126,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$811,464
Avg. Annual Appreciation
9.89%
Original Mortgage
$309,294
Outstanding Balance
$213,545
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$912,919

Purchase Details

Closed on
Apr 6, 2010
Sold by
Us Bank National Association
Bought by
Potvin John E and Potvin Judith

Purchase Details

Closed on
Dec 3, 2009
Sold by
Hernandez Simona and Hernandez Mario
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 5, 2005
Sold by
Diaz Laura
Bought by
Hernandez Simona and Hernandez Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.54%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 19, 2004
Sold by
Diaz Rigoberto
Bought by
Diaz Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2004
Sold by
Collier David W
Bought by
Diaz Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2001
Sold by
United California Mexican American Assn
Bought by
Jackson Street Trust #272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.26%

Purchase Details

Closed on
Jun 27, 2000
Sold by
United California Mexican American Assn
Bought by
Flores Jesus and 272 E Jackson St #A-D Rialto C

Purchase Details

Closed on
Mar 17, 2000
Sold by
Hud
Bought by
United California Mexican American Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.27%

Purchase Details

Closed on
Feb 3, 2000
Sold by
Homeside Lending Inc
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.27%

Purchase Details

Closed on
Jul 23, 1999
Sold by
Johnson Alecia
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Nov 18, 1997
Sold by
Christian Steve and Christian Guadalupe
Bought by
Johnson Alecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,325
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Christian Steve and Lazo Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
7%

Purchase Details

Closed on
Apr 7, 1995
Sold by
Hamilton Financial Corp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 23, 1995
Sold by
Hsieh Edward H and Hsieh Esther Y
Bought by
Hamilton Financial Corp

Purchase Details

Closed on
Aug 23, 1994
Sold by
Hsieh Edward H and Hsieh Esther Y
Bought by
Hsieh Loo Ting
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
Duran Armando $315,000 Southland Title Of Burbank
Potvin John E $220,000 Lawyers Title Company
Us Bank National Association $176,250 Accommodation
Hernandez Simona $620,000 Landsafe Rancho Cucamonga
Diaz Laura -- Chicago Title Company
Diaz Laura $385,000 Chicago Title Company
Jackson Street Trust #272 $80,001 American Title
Flores Jesus -- --
United California Mexican American Assn $53,000 Benefit Land Title Company
Hud $128,156 Fidelity National Title Ins
Homeside Lending Inc $128,156 Fidelity National Title Ins
Johnson Alecia $120,000 First American Title Ins Co
Christian Steve $63,000 Commonwealth Land Title Co
Federal Home Loan Mortgage Corporation -- Stewart Title
Hamilton Financial Corp $164,983 Stewart Title
Hsieh Loo Ting -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duran Armando $309,294
Previous Owner Hernandez Simona $496,000
Previous Owner Diaz Laura $288,750
Previous Owner Jackson Street Trust #272 $70,000
Previous Owner United California Mexican American Assn $54,000
Previous Owner Johnson Alecia $119,325
Previous Owner Christian Steve $50,400
Closed Diaz Laura $19,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2012 06/25/12 Sold $315,000 0.0% $67 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
04/07/2012 04/07/12 For Sale $315,000 -- $67 / 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 $4,809 $395,660 $62,803 $332,857
2024 $4,809 $387,902 $61,572 $326,330
2023 $5,127 $380,296 $60,365 $319,931
2022 $4,763 $372,839 $59,181 $313,658
2021 $4,733 $365,529 $58,021 $307,508
2020 $4,764 $361,781 $57,426 $304,355
2019 $4,656 $354,687 $56,300 $298,387
2018 $4,521 $347,732 $55,196 $292,536
2017 $4,487 $340,914 $54,114 $286,800
2016 $4,438 $334,229 $53,053 $281,176
2015 $4,457 $329,208 $52,256 $276,952
2014 $4,194 $322,759 $51,232 $271,527
Source: Public Records

Agents Affiliated with this Home

  • CARLOS PEIRO

    Seller's Agent in 2012

    CARLOS PEIRO

    BONITA PROPERTIES

    (626) 806-5340

    1 in this area

    27 Total Sales

    CARLOS PEIRO
    Section Image

  • I

    Buyer's Agent in 2012

    Irma Valencia

    Valencia Realty

    (626) 548-3479

    6 Total Sales

    Irma Valencia
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12047845

California Regional Multiple Listing Service (CRMLS)

APN: 0127-321-08

California San Bernardino County Rialto 92376

272 E Jackson St, Rialto, CA

Not Listed for Sale

MultiFamily

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