NOT LISTED FOR SALE

333 E B St Colton, CA 92324

Estimated Value: $819,000 - $1,056,000

8 Beds
4 Baths
3,600 Sq Ft
$249/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $450,000 $125 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,281/month

640 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Fireplace in Kitchen

About This Home

As of January 2017

Excellent investor opportunity! This well maintained four-plex is perfect for the first time investor or buyer, live in one and collect rent on the other three. The building has a common laundry room, storage rooms, and alley access carport parking in the rear. Each unit is individually metered, has an open floor plan, 2Bd & 1 Ba with private patio. Newer Kitchen cabinets with granite countertops are complimented by tile & laminate wood flooring throughout. Property Analysis and Annual Operating Expenses are estimated amounts, buyer to verify all before Close of Escrow.

Last Agent to Sell the Property

Gerald Busch

NON-MEMBER/NBA or BTERM OFFICE License #01935333 Listed on: 12/15/2014

Last Buyer's Agent

Marisol Amavizca

Socal Real Estate & Mgmt Inc License #01916233

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1974

Lot Details

  • 7,500 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Home Design

  • 3,600 Sq Ft Home
  • Property Attached

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Unassigned Parking

Outdoor Features

  • Fireplace in Patio
  • Rain Gutters

Additional Features

  • Fireplace in Kitchen
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 11 / 21
  • Tax Tract Number 203
  • Assessor Parcel Number 0161203120000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,194

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Property Type: Residential Income
  • Parcel Number: 0161203120000
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Stone, Wood
  • Fireplace Features: Kitchen, Patio
  • Price Per Square Foot: 125.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered, Unassigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Block: 21
  • Tax Lot: 11
  • Tax Tract Number: 203
  • Tax Annual Amount: 3194.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2014
Closed on
Dec 13, 2016
Sold by
Stapleton David P
Bought by
Patel Chatur and Patel Kanak C
Seller's Agent
Gerald Busch
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Marisol Amavizca
Socal Real Estate & Mgmt Inc
List Price
$668,500
Sold Price
$450,000
Premium/Discount to List
-$218,500
-32.69%
Total Days on Market
640
Current Estimated Value
$897,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,571
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Apr 26, 2013
Sold by
Bio Profit Series Iii Llc
Bought by
Bio Profit Series Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2011
Sold by
The Bank Of New York Mellon
Bought by
Bio Profit Series Iii Llc

Purchase Details

Closed on
Jun 16, 2011
Sold by
Montellano Luis
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 15, 2005
Sold by
Montellano Luis
Bought by
Montellano Luis and Montellano Candida M

Purchase Details

Closed on
Apr 28, 2005
Sold by
Montellano Candida M
Bought by
Montellano Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 9, 2005
Sold by
Kraal Timothy J and Kraal Marsha L
Bought by
Montellano Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 12, 2004
Sold by
Kraal Timothy and Kraal Marsha
Bought by
Kraal Timothy J and Kraal Marsha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,170
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 23, 2004
Sold by
Kraal Timothy and Kraal Marsha
Bought by
Kraal Timothy J and Kraal Marsha L

Purchase Details

Closed on
Nov 21, 2003
Sold by
Gomez Ralph and Gomez Juana P
Bought by
Kraal Timothy and Kraal Marsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Gomez Ralph and Gomez Juana P
Bought by
Gomez Ralph and Gomez Juana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2001
Sold by
Gomez Ralph A and Gomez Juana P
Bought by
Gomez Ralph and Gomez Juana P

Purchase Details

Closed on
Oct 24, 1994
Sold by
Gomez Ralph A and Gomez Juana P
Bought by
Gomez Ralph A and Gomez Juana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
8.9%
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
Patel Chatur $450,000 Wfg National Title Company
Bio Profit Series Iii Llc -- Pacific Coast Title Company
Bio Profit Series Iii Llc $223,500 Equity Title Orange County-I
The Bank Of New York Mellon $352,500 Lps Default Title & Closing
Montellano Luis -- --
Montellano Luis -- Investors Title
Montellano Luis $500,000 Investors Title
Kraal Timothy J -- Lawyers Title Company
Kraal Timothy -- Lawyers Title Company
Kraal Timothy J -- Atc-Glendale
Kraal Timothy $330,000 Atc-Glendale
Gomez Ralph -- Atc
Gomez Ralph -- --
Gomez Ralph A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Chatur $248,500
Closed The Chatur & Kanak Patel Revocable Trust $263,000
Previous Owner Bio Profit Series Iii Llc $1,500,000
Previous Owner Bio Profit Series Iii Llc $1,000,000
Previous Owner Bio Profit Series Iii Llc $150,000
Previous Owner Montellano Luis $50,000
Previous Owner Montellano Luis $400,000
Previous Owner Kraal Timothy $49,170
Previous Owner Kraal Timothy $247,500
Previous Owner Gomez Ralph $117,000
Previous Owner Gomez Ralph A $118,000
Previous Owner Gomez Ralph A $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2017 01/26/17 Sold $450,000 -32.7% $125 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
12/15/2014 12/15/14 For Sale $668,500 -- $186 / 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 $6,219 $512,025 $79,649 $432,376
2023 $6,237 $501,985 $78,087 $423,898
2022 $6,148 $492,142 $76,556 $415,586
2021 $6,274 $482,492 $75,055 $407,437
2020 $6,302 $477,544 $74,285 $403,259
2019 $6,130 $468,180 $72,828 $395,352
2018 $6,032 $459,000 $71,400 $387,600
2017 $3,287 $252,710 $56,279 $196,431
2016 $3,370 $247,754 $55,175 $192,579
2015 $3,263 $244,032 $54,346 $189,686
2014 $3,151 $239,251 $53,281 $185,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14258881

California Regional Multiple Listing Service (CRMLS)

APN: 0161-203-12