NOT LISTED FOR SALE

296 S 3rd St Colton, CA 92324

Estimated Value: $375,000 - $538,000

5 Beds
3 Baths
1,005 Sq Ft
$460/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $385,000 $383 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,009/month

83 Days on Market

Highlights

  • Laundry Room
  • Front Yard
  • 1-Story Property
  • No Heating

About This Home

As of October 2019

LOCATION, LOCATION, LOCATION!! "2 HOUSES ON A LOT", FRONT HOUSE HAS 3 BEDS AND 2 BATH REAR HOUSE HAS 2/BED/1 BATH.
NO DOUGHT THIS CAN BE A GREAT POTENTIAL INVESTMENT OPPORTUNITY. Back Unit Is currently renting, The Principal FRONT HOUSE is ready for you To Move in.

ALL INFORMATION PROVIDED BY THE LISTING AGENT/BROKER IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED. Back On the Market!!. Buyer Failed to performed

Last Agent to Sell the Property

Gonzalo Gomez

EXCELLENCE RE REAL ESTATE License #01893244 Listed on: 06/30/2019

EXCELLENCE RE REAL ESTATE

Last Buyer's Agent

STEPHANIE HALL

BLUE DIAMOND REALTY GROUP License #01785548

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,022

Year Built

  • Built in 1904

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Value in Land

Interior Spaces

  • 1,005 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 17 / 166
  • Tax Tract Number 66
  • Assessor Parcel Number 0163062220000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Insurance Expense $900
  • Trash Expense $1
  • Water Sewer Expense $1,560
  • New Taxes Expense $3,292
  • Operating Expense $14,338
  • Gross Income $38,400
  • Net Operating Income $13,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,022

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1560.00
  • Property Type: Residential Income
  • Parcel Number: 0163062220000
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 383.08

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Unknown
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Value In Land
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722
  • Latitude Manual: 34.06335500

Multi Family

  • Gross Income: 38400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 900.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 13100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 13540.00
  • Rent Control: No
  • Total Expenses: 14338.00

Tax Info

  • New Taxes Expense: 3292.00
  • Tax Block: 166
  • Tax Census Tract: 66.01
  • Tax Lot: 17
  • Tax Tract Number: 66.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Hall Stephanie
Bought by
Hall Stephanie and Hall Stephanie Revocable
Total Days on Market
83
Current Estimated Value
$462,683

Purchase Details

Listed on
Jun 30, 2019
Closed on
Oct 24, 2019
Sold by
Garcia Miguel Angel
Bought by
Hall Stephanie
Seller's Agent
Gonzalo Gomez
EXCELLENCE RE REAL ESTATE
Buyer's Agent
STEPHANIE HALL
BLUE DIAMOND REALTY GROUP
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$308,000
Outstanding Balance
$273,364
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$225,023

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jun 20, 2017
Sold by
Dominguez Tracy
Bought by
Garcia Miguel Angel
Seller's Agent
JUDITH AGUIRRE
M G R REAL ESTATE
Buyer's Agent
JUDITH AGUIRRE
M G R REAL ESTATE
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%
Original Mortgage
$200,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jun 15, 2017
Sold by
Velasco Armida
Bought by
Garcia Miguel Angel
Seller's Agent
JUDITH AGUIRRE
M G R REAL ESTATE
Buyer's Agent
JUDITH AGUIRRE
M G R REAL ESTATE
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2009
Sold by
Martinez Alejandro
Bought by
Velasco Armida

Purchase Details

Closed on
Feb 14, 2007
Sold by
Cifuentes Sonia Amparo
Bought by
Martinez Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2005
Sold by
Velasquez Julio and Velasquez Margarita
Bought by
Cifuentes Sonia Amparo

Purchase Details

Closed on
Jan 27, 2004
Sold by
Orozco Jesus
Bought by
Velasquez Julio and Velasquez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2002
Sold by
Avila Guadalupe
Bought by
Orozco Jesus

Purchase Details

Closed on
Jan 30, 2002
Sold by
Hud
Bought by
Orozco Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.87%

Purchase Details

Closed on
Oct 5, 2000
Sold by
Gmac Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Oct 4, 1999
Sold by
Gore Paul
Bought by
Torres Zedikiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,050
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 1999
Sold by
Aames Capital Corp
Bought by
Gore Paul and 296 North 3Rd Street Trust

Purchase Details

Closed on
Jan 15, 1999
Sold by
Butler Marvin E and Butler Diana V
Bought by
Aames Capital Corp
Source: Public Records

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Range of Values:

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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
Hall Stephanie -- None Available
Hall Stephanie $385,000 Stewart Title Of Ca Inc
Garcia Miguel Angel -- Ticor Title Company
Garcia Miguel Angel $250,000 Ticor Title Company
Velasco Armida $55,000 First American Title Company
Martinez Alejandro $250,000 Commonwealth
Cifuentes Sonia Amparo -- --
Velasquez Julio $170,000 Stewart Title Company
Orozco Jesus -- Landsafe Title
Orozco Jesus $65,000 Landsafe Title
Hud -- Fidelity National Title
Gmac Mtg Corp $85,362 Fidelity National Title
Gmac Mtg Corp $123,083 Fidelity National Title
Torres Zedikiah $115,000 First Southwestern Title Co
Gore Paul $37,500 Fidelity National Title Co
Aames Capital Corp $38,128 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Stephanie $308,000
Previous Owner Garcia Miguel Angel $200,000
Previous Owner Martinez Alejandro $237,500
Previous Owner Velasquez Julio $216,000
Previous Owner Velasquez Julio $136,000
Previous Owner Orozco Jesus $48,750
Previous Owner Torres Zedikiah $114,050
Closed Velasquez Julio $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $385,000 0.0% $383 / Sq Ft
06/30/2019 06/30/19 For Sale $385,000 +54.0% $383 / Sq Ft
08/10/2017 08/10/17 Sold $250,000 -3.8% $249 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
06/03/2017 06/03/17 For Sale $260,000 -- $259 / 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 $5,022 $412,798 $85,777 $327,021
2023 $5,036 $404,704 $84,095 $320,609
2022 $4,965 $396,769 $82,446 $314,323
2021 $5,066 $388,989 $80,829 $308,160
2020 $5,089 $260,100 $46,818 $213,282
2019 $3,358 $255,000 $45,900 $209,100
2018 $3,292 $62,247 $18,674 $43,573
2017 $813 $61,027 $18,308 $42,719
2016 $833 $59,830 $17,949 $41,881
2015 $807 $58,931 $17,679 $41,252
2014 $780 $57,777 $17,333 $40,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19154650

California Regional Multiple Listing Service (CRMLS)

APN: 0163-062-22