NOT LISTED FOR SALE

35123 Avenue B Yucaipa, CA 92399

Estimated Value: $689,590 - $920,000

4 Beds
4 Baths
2,518 Sq Ft
$315/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $580,000 $230 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,763/month

28 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Evaporated cooling system
  • Fishing
  • Hiking Trails
  • 4-minute walk to Center Park

About This Home

As of June 2021

Don't miss this opportunity to own 4 units in the Yucaipa uptown historic district. These units have traditionally had a low vacancy rate and have been had low turnover. Property consists of two duplexes.

Last Agent to Sell the Property

ROBERT COLEMAN

TITAN REAL ESTATE GROUP License #01848995 Listed on: 03/26/2021

Last Buyer's Agent

Wafa Rodriguez

REALTY MASTERS & ASSOCIATES License #01989465

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,274

Year Built

  • Built in 1950

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2,518 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Legal Lot and Block 3 / 108
  • Tax Tract Number 81
  • Assessor Parcel Number 0319081030000

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Community Lake
  • Foothills

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,110
  • Trash Expense $1,428
  • Water Sewer Expense $3,360
  • New Taxes Expense $8,125
  • Operating Expense $14,022
  • Net Operating Income $29,496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,274

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3360.00
  • Property Type: Residential Income
  • Parcel Number: 0319081030000
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 230.34

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1428.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Foothills, Golf, Hiking, Gutters, Lake, Horse Trails, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1109.60
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 29496.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 10104.00
  • Rent Control: Yes
  • Total Actual Rent: 3300.00
  • Total Expenses: 14022.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Block: 108
  • Tax Census Tract: 88.00
  • Tax Lot: 3
  • Tax Tract Number: 081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 20, 2021
Sold by
Coleman Robin B and Coleman Elaine Dbw
Bought by
Muirhead Liam Duvall
Seller's Agent
ROBERT COLEMAN
TITAN REAL ESTATE GROUP
Buyer's Agent
Wafa Rodriguez
REALTY MASTERS & ASSOCIATES
List Price
$650,000
Sold Price
$580,000
Premium/Discount to List
-$70,000
-10.77%
Current Estimated Value
$794,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,148
Avg. Annual Appreciation
7.44%
Original Mortgage
$435,000
Outstanding Balance
$392,979
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$401,169

Purchase Details

Closed on
Oct 7, 2015
Sold by
Badgerow Llc
Bought by
The Coleman Family Living Trust

Purchase Details

Closed on
Sep 15, 2008
Sold by
Coleman Robin B
Bought by
Badgerow Llc
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
Muirhead Liam Duvall $580,000 Chicago Title Company
The Coleman Family Living Trust -- None Available
Badgerow Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muirhead Liam Duvall $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $580,000 -3.2% $230 / Sq Ft
04/07/2021 04/07/21 Price Changed $599,000 -7.8% $238 / Sq Ft
03/26/2021 03/26/21 For Sale $650,000 -- $258 / 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 $7,274 $627,810 $189,425 $438,385
2024 $7,274 $615,500 $185,711 $429,789
2023 $7,245 $603,432 $182,070 $421,362
2022 $7,165 $591,600 $178,500 $413,100
2021 $2,773 $216,218 $48,046 $168,172
2020 $2,798 $214,001 $47,553 $166,448
2019 $2,729 $209,805 $46,621 $163,184
2018 $2,668 $205,691 $45,707 $159,984
2017 $2,614 $201,658 $44,811 $156,847
2016 $2,581 $197,704 $43,932 $153,772
2015 $2,556 $194,734 $43,272 $151,462
2014 $2,508 $190,919 $42,424 $148,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21058228

California Regional Multiple Listing Service (CRMLS)

APN: 0319-081-03