Seller's Agent in 2023
Justin White
Justin White
(714) 231-2537
1 in this area
43 Total Sales
Estimated Value: $1,232,000 - $1,503,000
8
Beds
4
Baths
2,600
Sq Ft
$533/Sq Ft
Est. Value
Highlights
- Private Yard
- Laundry Room
- Horse Trails
About This Home
As of January 2023-- Four single-story units with upgraded interiors
-- Central location within close proximity to shopping and I-15 Freeway
-- Large 14,810 square foot lot
-- 100% 2-bedroom, 2-bath floorplans
-- Amenities include in-unit laundry, small yards and horse stalls for each unit
-- Significant upside potential in rental income
-- Year built and square footage are estimates
-- Buyer to verify with city of Norco
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 0.34 Acre Lot
- Two or More Common Walls
- Private Yard
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- 2,600 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Suburban Location
- Sewer Not Available
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 2
- Assessor Parcel Number 127280002
Community Details
Overview
- 4 Units
Recreation
- Horse Trails
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Insurance Expense $2,500
- Other Expense $1,065
- Professional Management Expense $3,366
- Trash Expense $1,600
- Water Sewer Expense $3,044
- New Taxes Expense $15,939
- Operating Expense $27,514
- Gross Income $67,320
- Net Operating Income $36,440
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2022
Closed on
Dec 19, 2022
Sold by
Mccoy Terry W
Bought by
Andrade Revocable Inter-Vivos Trust
Seller's Agent
Justin White
Justin White
Buyer's Agent
Justin White
Justin White
List Price
$1,275,000
Sold Price
$1,250,000
Premium/Discount to List
-$25,000
-1.96%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,694
Avg. Annual Appreciation
3.54%
Original Mortgage
$400,000
Outstanding Balance
$386,567
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$999,127
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Andrade Revocable Inter-Vivos Trust | $1,250,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Andrade Revocable Inter-Vivos Trust | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2023 01/23/23 | Sold | $1,250,000 | -2.0% | $481 / Sq Ft |
| 11/29/2022 11/29/22 | Pending | -- | -- | -- |
| 11/16/2022 11/16/22 | For Sale | $1,275,000 | -- | $490 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,198 | $1,300,500 | $286,110 | $1,014,390 |
| 2023 | $14,198 | $381,921 | $132,600 | $249,321 |
| 2022 | $4,237 | $374,433 | $130,000 | $244,433 |
| 2021 | $4,153 | $367,092 | $127,451 | $239,641 |
| 2020 | $4,107 | $363,329 | $126,145 | $237,184 |
| 2019 | $4,013 | $356,206 | $123,672 | $232,534 |
| 2018 | $3,919 | $349,223 | $121,248 | $227,975 |
| 2017 | $3,820 | $342,376 | $118,871 | $223,505 |
| 2016 | $3,778 | $335,664 | $116,541 | $219,123 |
| 2015 | $3,696 | $330,625 | $114,792 | $215,833 |
| 2014 | $3,559 | $324,151 | $112,545 | $211,606 |
Source: Public Records
Agents Affiliated with this Home
-
Justin White
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22243047
APN: 127-280-002
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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