NOT LISTED FOR SALE

320 E Hanna St Colton, CA 92324

Estimated Value: $832,000 - $982,000

8 Beds
4 Baths
3,256 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $365,000 $112 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $5,120/month

20 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Detached Carport Space
  • No HOA
  • Laundry Room
  • Carpet

About This Home

As of November 2013

THIS PROPERTY CONSISTS OF 1 BUILDING WITH 4 UNITS. NICELY MAINTAINED QUADRUPLEX, LOCATED IN A CULDESAC, EACH UNIT HAS 2 BEDROOMS, 1 BATH. PARKING LOCATED IN FRONT AND BACK OF GATED UNITS. PROPERTY HAS CITRUS TREES IN FRONT YARD AND LARGE PARKING CARPORT IN BACK. EACH UNIT COMES WITH PRIVATE STORAGE.

Last Agent to Sell the Property

CATHERINE CUADRA

EXP REALTY OF CALIFORNIA INC License #01501838 Listed on: 09/11/2013

Last Buyer's Agent

Paul Migliozzi

Century 21 Top Producers License #01832784

Century 21 Top Producers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,336

Year Built

  • Built in 1970

Lot Details

  • 8,250 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,256 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Detached Carport Space
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 4
  • Assessor Parcel Number 0161203030000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $368
  • Gardener Expense $1,200
  • Insurance Expense $1,276
  • Maintenance Expense $1,200
  • Pest Control $672
  • Trash Expense $1,432
  • Water Sewer Expense $718
  • Gross Income $3,000
  • Net Operating Income $29,134

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,336

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 718.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 0161203030000
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 112.10

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Pest Control Expense: 672.00
  • Trash Expense: 1432.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 8250.00
  • Lot Size Acres: 0.1890

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 368.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1276.00
  • Lot Size Area: 8250.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 29134.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 6866.00
  • Rent Control: No
  • Total Actual Rent: 3000.00

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 4
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2018
Sold by
Mahroo Fay
Bought by
Mahroo Fay and The Fay Mahroo Living Trust
Total Days on Market
20
Current Estimated Value
$880,903

Purchase Details

Listed on
Sep 11, 2013
Closed on
Oct 25, 2013
Sold by
Andrade John and Andrade Michelle
Bought by
Mahroo Fay
Seller's Agent
CATHERINE CUADRA
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
Paul Migliozzi
Century 21 Top Producers
List Price
$369,000
Sold Price
$365,000
Premium/Discount to List
-$4,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$358,388
Outstanding Balance
$266,261
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$623,539

Purchase Details

Closed on
Feb 11, 2004
Sold by
Andrade Financial Inc
Bought by
Andrade John and Andrade Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2003
Sold by
Guerra Gonzalo A
Bought by
Andrade Financial Inc

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
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mahroo Fay -- None Available
Mahroo Fay $365,000 Fidelity Title
Andrade John $260,000 Ticor Title Co
Andrade Financial Inc $250,000 Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fay Mahroo Living Trust $173,000
Closed Movassaghi Brian Ramine $9,134
Closed Fay Mahroo $9,134
Closed Fay Mahroo $9,075
Closed Mahroo Fay $0
Open Mahroo Fay $358,388
Previous Owner Andrade John $208,000
Previous Owner Andrade John $180,000
Previous Owner Andrade Financial Inc $200,000
Previous Owner Guerra Gonzalo A $84,600
Previous Owner Guerra Gonzalo A $88,713
Previous Owner Guerra Gonzalo A $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold $365,000 -1.1% $112 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $369,000 -- $113 / 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 $5,336 $438,665 $91,338 $347,327
2023 $5,351 $430,064 $89,547 $340,517
2022 $5,275 $421,631 $87,791 $333,840
2021 $5,383 $413,364 $86,070 $327,294
2020 $5,407 $409,125 $85,187 $323,938
2019 $5,260 $401,103 $83,517 $317,586
2018 $5,084 $393,238 $81,879 $311,359
2017 $4,905 $385,528 $80,274 $305,254
2016 $5,026 $377,969 $78,700 $299,269
2015 $4,958 $372,292 $77,518 $294,774
2014 $4,786 $365,000 $76,000 $289,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13184860

California Regional Multiple Listing Service (CRMLS)

APN: 0161-203-03