NOT LISTED FOR SALE

331 Vernon Dr Upland, CA 91786

Upland Area

Estimated Value: $925,000 - $1,100,312

3 Beds
2 Baths
2,535 Sq Ft
$400/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2012

Last sale price $335,999 $133 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $5,915 / mo

122 Days on Market

Highlights

  • Contemporary Architecture
  • Upland High School Rated A-
  • No Heating

About This Home

As of August 2012

Great cash flow opportunity! Newly completed interior/exterior rehab and landscape. 3 unit income property with (2) one bedroom one bath and (1) two bedroom one bath. Single level building with seperate gas and electric meters. 3 carports, onsite laundry rm,individual/private backyards, large open grass area close to bike trail.

Last Agent to Sell the Property

Doug Wetton

DW Investments License #01009432 Listed on: 03/27/2012

Last Buyer's Agent

MARTIN OLSON

REALTY ONE GROUP WEST License #01912292

REALTY ONE GROUP WEST

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 8,276

Parking

  • 3 Parking Spaces

Home Design

  • 2,535 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 1046372130000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $21,470

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 6.39
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 1046372130000
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 132.54

Exterior Features

  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Gross Multiplier: 11.27
  • Gross Scheduled Income: 29820.00
  • Net Operating Income: 21470.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 8349.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2012
Closed on
Oct 22, 2012
Sold by
Bought by
Seller's Agent
Doug Wetton
DW Investments
Buyer's Agent
MARTIN OLSON
REALTY ONE GROUP WEST
List Price
$389,999
Sold Price
$335,999
Premium/Discount to List
-$54,000
-13.85%
Current Estimated Value
$1,014,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,329
Avg. Annual Appreciation
8.26%

Purchase Details

Listed on
Mar 27, 2012
Closed on
Aug 21, 2012
Sold by
Bought by
Seller's Agent
Doug Wetton
DW Investments
Buyer's Agent
MARTIN OLSON
REALTY ONE GROUP WEST
List Price
$389,999
Sold Price
$335,999
Premium/Discount to List
-$54,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,999
Interest Rate
0.0349%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
0.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
0.0427%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
$336,000 Spl Title Services
$216,500 Accommodation
$216,500 Servicelink
$361,250 Accommodation
-- None Available
-- Accommodation
$370,000 Chicago Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $251,999
Previous Owner $467,500
Previous Owner $296,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $335,999 -13.8% $133 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $389,999 -- $154 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,654 $422,034 $144,446 $277,588
2025 $4,654 $413,759 $141,614 $272,145
2024 $4,507 $405,646 $138,837 $266,809
2023 $4,439 $397,692 $136,115 $261,577
2022 $4,343 $389,894 $133,446 $256,448
2021 $4,337 $382,249 $130,829 $251,420
2020 $4,219 $378,330 $129,488 $248,842
2019 $4,205 $370,912 $126,949 $243,963
2018 $4,104 $363,639 $124,460 $239,179
2017 $3,986 $356,509 $122,020 $234,489
2016 $3,773 $349,518 $119,627 $229,891
2015 $3,688 $344,268 $117,830 $226,438
2014 $3,593 $337,524 $115,522 $222,002
Source: Public Records

Agents Affiliated with this Home

  • Doug Wetton

    Seller's Agent in 2012

    Doug Wetton

    DW Investments

    (949) 887-5436

    1 Total Sale

    Doug Wetton
    Section Image

  • M

    Buyer's Agent in 2012

    MARTIN OLSON

    REALTY ONE GROUP WEST

    (909) 319-1686

    10 Total Sales

    MARTIN OLSON
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12001233

California Regional Multiple Listing Service (CRMLS)

APN: 1046-372-13

California San Bernardino County Upland 91786

331 Vernon Dr, Upland, CA

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California Regional Multiple Listing Service (CRMLS) 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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