NOT LISTED FOR SALE

348 S Ashford Ave Rialto, CA 92376

Estimated Value: $925,000 - $1,095,000

5 Beds
4 Baths
3,776 Sq Ft
$274/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $642,500 $170 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,087/month

14 Days on Market

About This Home

As of February 2018

Wow here is a well maintained multi-unit complex that has great tenets that are paying on time every month. All of the units have been remodeled and are in good shape. This is one of the best looking buildings in the area. If you have been looking for units this is a must see and will be a great addition to your portfolio. Hurry and take a look at these units before its too late

Last Agent to Sell the Property

Martin Ruiz

PAK HOME REALTY License #01789835 Listed on: 01/16/2018

PAK HOME REALTY

Co-Listed By

Daniel de la mora

REALTY MASTERS & ASSOCIATES License #02024584

Last Buyer's Agent

Martin Ruiz

PAK HOME REALTY License #01789835 Listed on: 01/16/2018

PAK HOME REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,736

Year Built

  • Built in 1986

Lot Details

  • 9,000 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,776 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 12141
  • Assessor Parcel Number 0246291470000

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $30
  • Insurance Expense $800
  • Trash Expense $80
  • Water Sewer Expense $356
  • New Taxes Expense $7,260
  • Operating Expense $714
  • Gross Income $430,000
  • Net Operating Income $34,432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,736

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 356.00
  • Property Type: Residential Income
  • Parcel Number: 0246291470000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 170.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 80.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9000.00

Multi Family

  • Electric Expense: 30.00
  • Gross Income: 430000.00
  • Gross Scheduled Income: 43000.00
  • Insurance Expense: 800.00
  • Net Operating Income: 34432.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8568.00
  • Rent Control: No
  • Total Expenses: 714.00

Tax Info

  • New Taxes Expense: 7260.00
  • Tax Census Tract: 34.05
  • Tax Lot: 47
  • Tax Tract Number: 12141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2018
Closed on
Mar 5, 2018
Sold by
Vu Robert Yei and Yu Susan I
Bought by
Royo Investment Llc
Seller's Agent
Martin Ruiz
PAK HOME REALTY
Buyer's Agent
Martin Ruiz
PAK HOME REALTY
List Price
$659,900
Sold Price
$642,500
Premium/Discount to List
-$17,400
-2.64%
Current Estimated Value
$1,034,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,166
Avg. Annual Appreciation
6.41%

Purchase Details

Listed on
Jan 16, 2018
Closed on
Feb 21, 2018
Sold by
Vellozzi Raymond
Bought by
Yn Robert Yei and Yu Susan J
Seller's Agent
Martin Ruiz
PAK HOME REALTY
Buyer's Agent
Martin Ruiz
PAK HOME REALTY
List Price
$659,900
Sold Price
$642,500
Premium/Discount to List
-$17,400
-2.64%

Purchase Details

Listed on
Jan 16, 2018
Closed on
Feb 14, 2018
Sold by
Yu York
Bought by
Yu Susan I
Seller's Agent
Martin Ruiz
PAK HOME REALTY
Buyer's Agent
Martin Ruiz
PAK HOME REALTY
List Price
$659,900
Sold Price
$642,500
Premium/Discount to List
-$17,400
-2.64%

Purchase Details

Closed on
Aug 18, 2011
Sold by
Fields Renee J
Bought by
Vellozzi Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2009
Sold by
Joren Limited Partnership
Bought by
Fields Richard L and Fields Renee J

Purchase Details

Closed on
Jul 19, 2005
Sold by
Fields Richard L
Bought by
Joren Lp

Purchase Details

Closed on
Dec 21, 2004
Sold by
Fields Richard L
Bought by
Fields Richard L

Purchase Details

Closed on
May 6, 2004
Sold by
Fields Richard L
Bought by
Fields Richard L and Fields Family Trust

Purchase Details

Closed on
May 8, 2001
Sold by
Fields Renee J
Bought by
Fields Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.89%

Purchase Details

Closed on
Nov 18, 1998
Sold by
Fields Renee J
Bought by
Fields Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
6.84%

Purchase Details

Closed on
Oct 1, 1998
Sold by
Weiler Terry and Weiler Leanna
Bought by
Fields Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
6.84%

Purchase Details

Closed on
Jun 10, 1997
Sold by
Hud
Bought by
Weiler Terry and Weiler Leanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.44%

Purchase Details

Closed on
Apr 2, 1997
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Sep 26, 1996
Sold by
Martinez Mercedes and Martinez Rosa M
Bought by
Fleet Mtg Corp and Fleet Real Estate Funding Corp
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Royo Investment Llc -- Pacific Coast Title Company
Yn Robert Yei $642,500 Fidelity National Title Ie
Yu Susan I -- Fidelity National Title
Vellozzi Raymond $325,000 Ticor Title Company
Fields Richard L -- None Available
Joren Lp -- First American Title Ins Co
Fields Richard L -- --
Fields Richard L -- --
Fields Richard L -- --
Fields Richard L -- Fidelity National Title
Fields Richard L -- First American Title Ins Co
Fields Richard L $167,000 First American Title
Weiler Terry $125,500 Fidelity National Title
Hud -- First Southwestern Title Co
Fleet Mtg Corp $224,266 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vellozzi Raymond $243,750
Previous Owner Fields Richard L $146,250
Previous Owner Fields Richard L $133,500
Previous Owner Weiler Terry $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $642,500 -2.6% $170 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $659,900 -- $175 / 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
2025 $7,736 $731,055 $256,011 $475,044
2024 $7,736 $716,720 $250,991 $465,729
2023 $7,540 $702,667 $246,070 $456,597
2022 $7,511 $688,889 $241,245 $447,644
2021 $7,418 $675,382 $236,515 $438,867
2020 $7,401 $668,457 $234,090 $434,367
2019 $7,179 $655,350 $229,500 $425,850
2018 $4,144 $358,770 $59,611 $299,159
2017 $4,121 $351,735 $58,442 $293,293
2016 $4,055 $344,838 $57,296 $287,542
2015 $4,005 $339,658 $56,435 $283,223
2014 $4,008 $333,005 $55,330 $277,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18012751

California Regional Multiple Listing Service (CRMLS)

APN: 0246-291-47