NOT LISTED FOR SALE

35244 Avenue C Yucaipa, CA 92399

Estimated Value: $535,311 - $701,000

4 Beds
2 Baths
1,664 Sq Ft
$368/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $299,000 $180 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,738/month

123 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

As of August 2019

Ave C - Yucaipa Income both 2/1B units with separate garages! There is an additional garage in the back approx 20' x 20' (buyer to verify) Income includes: unit A $896 unit B $935 = total 1831 x 12 = $21972
However there is possible upside with the market at least $1200/mo. each unit = $ 28800 annual. Expenses are few including property tax $1624.15 annual (NEW $3625), insurance $874 annual, maint/repairs are minimal per owner @ less than $200 in 2018.

Tenants pay all utilities including water/sewer/tras/elect/gas & do own yard work! Capital costs - roof & driveway repaired about 2004

This property is to be purchased with another listing MLS #EV19080771 ($599,000) for a total of $898,000, or if purchased separately it is contingent on both closing at the same time.

Last Agent to Sell the Property

Debbie Hanna

DEBRA HANNA BROKER License #01473392 Listed on: 04/11/2019

Last Buyer's Agent

KELLY WYATT

CENTURY 21 LOIS LAUER REALTY License #01226335

CENTURY 21 LOIS LAUER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,676

Year Built

  • Built in 1970

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Rural Setting
  • Private Yard
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Assessor Parcel Number 0319083200000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $874
  • New Taxes Expense $3,625
  • Operating Expense $4,499
  • Gross Income $21,972
  • Net Operating Income $17,473

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,676

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 5.80
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0319083200000
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 179.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Gross Income: 21972.00
  • Gross Scheduled Income: 21972.00
  • Insurance Expense: 874.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 17473.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4499.00
  • Rent Control: No
  • Total Actual Rent: 1831.00
  • Total Expenses: 4499.00

Tax Info

  • New Taxes Expense: 3625.00
  • Tax Census Tract: 88.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Aug 22, 2019
Sold by
Beckham Brad A and The Beckham Survivor S Trust
Bought by
Vieira Mathew T
Seller's Agent
Debbie Hanna
DEBRA HANNA BROKER
Buyer's Agent
KELLY WYATT
CENTURY 21 LOIS LAUER REALTY
List Price
$299,000
Sold Price
$299,000
Total Days on Market
123
Current Estimated Value
$613,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,078
Avg. Annual Appreciation
13.02%
Original Mortgage
$299,000
Outstanding Balance
$265,742
Interest Rate
3.8%
Mortgage Type
Seller Take Back
Estimated Equity
$339,448

Purchase Details

Closed on
Aug 21, 2014
Sold by
Beckham Brad A
Bought by
Beckham Brad A and Beckham Survivor S Trust

Purchase Details

Closed on
Jan 9, 2002
Sold by
Beckham Brad A
Bought by
Beckham Brad A and Beckham Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.15%

Purchase Details

Closed on
Apr 17, 2000
Sold by
Hud
Bought by
Beckham Brad A and Beckham Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.18%

Purchase Details

Closed on
Feb 11, 2000
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jul 8, 1999
Sold by
Moss Greg
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Aug 21, 1998
Sold by
Charter Investments International Inc
Bought by
Moss Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,550
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 1998
Sold by
Wirth James R and Wirth Patricia A
Bought by
Charter Investments
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
Vieira Mathew T $299,000 First American Title
Beckham Brad A -- None Available
Beckham Brad A -- American Title
Beckham Brad A $95,000 American Title Co
Hud -- Fidelity National Title Ins
Chase Manhattan Mtg Corp $146,287 Fidelity National Title
Moss Greg $135,000 First American Title Ins Co
Charter Investments $95,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vieira Mathew T $299,000
Previous Owner Beckham Brad A $92,400
Previous Owner Beckham Brad A $90,000
Previous Owner Beckham Brad A $85,500
Previous Owner Moss Greg $133,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $299,000 0.0% $180 / Sq Ft
04/11/2019 04/11/19 For Sale $299,000 -- $180 / 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 $3,676 $310,940 $85,777 $225,163
2023 $3,662 $304,843 $84,095 $220,748
2022 $3,622 $298,866 $82,446 $216,420
2021 $3,577 $293,005 $80,829 $212,176
2020 $3,880 $133,512 $28,105 $105,407
2019 $1,679 $130,894 $27,554 $103,340
2018 $1,641 $128,328 $27,014 $101,314
2017 $1,607 $125,811 $26,484 $99,327
2016 $1,587 $123,344 $25,965 $97,379
2015 $1,571 $121,491 $25,575 $95,916
2014 $1,541 $119,111 $25,074 $94,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19080667

California Regional Multiple Listing Service (CRMLS)

APN: 0319-083-20