Seller's Agent in 2020
Holly Szychulda
Investor's Choice Executive RE
(888) 461-4818
332 Total Sales
28055 Washington Ave Winchester, CA 92596
Estimated Value: $983,000 - $1,009,000
13
Beds
10
Baths
6,968
Sq Ft
$143/Sq Ft
Est. Value
Highlights
- Peek-A-Boo Views
- No HOA
- Galley Kitchen
- 1.45 Acre Lot
- Cul-De-Sac
- Living Room
About This Home
As of March 2020CALLING ALL INVESTORS!!! This is an amazing multi-family property (7 units) with endless opportunities in the heart of Winchester with two APN #'s 462-130-016 / 462-130-025. Located conveniently off Winchester Road within minutes to Temecula, Murrieta, Menifee, French Valley, & Hemet. Four out of seven units are currently on a month to month lease. Low maintenance grounds within walking distance to local convenient store, post office, & school bus stop. Would make for a great assisted living property, not for profit / profit housing investment and still has room to expand. Total lot size is 1.45 acres / 63,162 square feet. Three detached structures totaling 6,968 square feet with 13 total bedrooms, 10 total bathrooms, 2 attached 1 car garage, 2 oversized carports.
Last Agent to Sell the Property
Investor's Choice Executive RE License #01865791 Listed on: 02/10/2020
Last Buyer's Agent
Mustafa Sultani
Mustafa Sultani Broker License #01755273
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969 | Remodeled
Lot Details
- 1.45 Acre Lot
- Two or More Common Walls
- Cul-De-Sac
- Rural Setting
- Wood Fence
- Needs Fence Repair
- Back and Front Yard
- Density is 6-10 Units/Acre
- 462130016
Parking
- 14 Open Parking Spaces
- 2 Car Garage
- 4 Carport Spaces
- Parking Available
- Shared Driveway
Property Views
- Peek-A-Boo
- Hills
Home Design
- Property Attached
- Additions or Alterations
- Cosmetic Repairs Needed
- Slab Foundation
- Composition Roof
Interior Spaces
- 6,968 Sq Ft Home
- 1-Story Property
- Blinds
- Living Room
- Galley Kitchen
- Laundry Room
Bedrooms and Bathrooms
- 13 Bedrooms
- 10 Bathrooms
Outdoor Features
- Outbuilding
Utilities
- Central Heating and Cooling System
- Natural Gas Not Available
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 73
- Assessor Parcel Number 462130025
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 7 Units
Building Details
- 4 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 2 Separate Water Meters
- Electric Expense $8,072
- Gardener Expense $3,600
- Insurance Expense $2,580
- Pest Control $1,800
- Trash Expense $3,444
- Water Sewer Expense $1,312
- Operating Expense $20,808
- Gross Income $56,850
- Net Operating Income $76,392
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 23, 2020
Sold by
Sultani Mustafa
Bought by
Sultani Mustafa Omar and Sultani Nazifa Noori
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$620,496
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$375,504
Purchase Details
Listed on
Feb 10, 2020
Closed on
Feb 26, 2020
Sold by
Sultani Nazifa Noori
Bought by
Sultani Mustafa
Seller's Agent
Holly Szychulda
Investor's Choice Executive RE
Buyer's Agent
Mustafa Sultani
Mustafa Sultani Broker
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$530,250
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 2011
Sold by
Perrenoud Jacqueline
Bought by
Perrenoud Jacqueline
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sultani Mustafa Omar | -- | Orange Coast Title Company | |
| Sultani Mustafa | -- | Ticor Title | |
| Sultani Mustafa | $650,000 | Ticor Title | |
| Perrenoud Jacqueline | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sultani Mustafa Omar | $700,000 | |
| Closed | Sultani Mustafa | $530,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2020 03/03/20 | Sold | $650,000 | -7.0% | $93 / Sq Ft |
| 02/18/2020 02/18/20 | Pending | -- | -- | -- |
| 02/10/2020 02/10/20 | For Sale | $699,000 | -- | $100 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $6,349 | $563,223 | $174,981 | $388,242 |
| 2023 | $6,349 | $541,354 | $168,187 | $373,167 |
| 2022 | $6,144 | $530,740 | $164,890 | $365,850 |
| 2021 | $6,043 | $520,334 | $161,657 | $358,677 |
| 2020 | $5,221 | $310,005 | $160,640 | $149,365 |
| 2019 | $3,553 | $303,928 | $157,491 | $146,437 |
| 2018 | $3,444 | $297,969 | $154,403 | $143,566 |
| 2017 | $3,403 | $292,127 | $151,376 | $140,751 |
| 2016 | $3,378 | $286,400 | $148,408 | $137,992 |
| 2015 | $3,369 | $282,100 | $146,180 | $135,920 |
| 2014 | $3,218 | $276,575 | $143,317 | $133,258 |
Source: Public Records
Agents Affiliated with this Home
-
Holly Szychulda
-
M
Buyer's Agent in 2020
Mustafa Sultani
Mustafa Sultani Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW20029335
APN: 462-130-025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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