NOT LISTED FOR SALE

365 W Shamrock St Rialto, CA 92376

Estimated Value: $1,016,172 - $1,122,000

9 Beds
5 Baths
3,780 Sq Ft
$284/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $530,000 $140 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $6,306/month

109 Days on Market

Highlights

  • No HOA
  • Central Air
  • Front Yard
  • Laundry Room

About This Home

As of November 2016

Excellent investment opportunity with great potential for growth! Property is located in the pleasant north Rialto area with close and convenient access to schools, shopping, and freeway. Property has been recently updated with new flooring in three units; new kitchen cabinets and countertops in two units; new kitchen hood in one unit; and new bathtubs in two units. Property also has new security doors and updated concrete at entrance.

Last Agent to Sell the Property

Chiao-En Lin

IRN Realty License #01947074 Listed on: 07/11/2016

IRN Realty

Last Buyer's Agent

Karen Yu

Mountain View Capital, Inc. License #01909924

Mountain View Capital, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,161

Year Built

  • Built in 1979

Lot Details

  • 9,120 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,780 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Laundry Room
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 37
  • Tax Tract Number 9903
  • Assessor Parcel Number 0127351390000

Community Details

Building Details

  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Insurance Expense $1,000
  • Water Sewer Expense $2,980
  • Gross Income $3,750
  • Net Operating Income $35,000

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,161

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Number: 3233022858
  • Property Attached: Yes
  • Water Sewer Expenses: 2980.00
  • Property Type: Residential Income
  • Parcel Number: 0127351390000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 140.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9120.00
  • Price Per Lot Square Foot: 60.31

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 3750.00
  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 35000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Operating Expense: 10000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 37
  • Tax Tract Number: 9903
  • Tax Annual Amount: 5161.00
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Nov 16, 2016
Sold by
Ip Wal Man and Wu May Y
Bought by
New Cube Inc
Seller's Agent
Chiao-En Lin
IRN Realty
Buyer's Agent
Karen Yu
Mountain View Capital, Inc.
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Current Estimated Value
$1,071,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,793
Avg. Annual Appreciation
8.23%

Purchase Details

Listed on
Jan 3, 2014
Closed on
Jan 31, 2014
Sold by
Patel Harivadan and Patel Hansa
Bought by
Ip Wai Man and Wu May Y
Seller's Agent
ROSHNI PATEL
DYNASTY REAL ESTATE
Buyer's Agent
ROSHNI PATEL
DYNASTY REAL ESTATE
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%
Original Mortgage
$190,000
Interest Rate
4.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 27, 2009
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Patel Harivadan and Patel Hansa

Purchase Details

Closed on
Aug 20, 2008
Sold by
Trujillo Daniel and Trujillo Maria Soledad
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Sep 20, 2006
Sold by
Hur Bong Kyung
Bought by
Trujillo Daniel and Trujillo Maria Soledad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,100
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 6, 2004
Sold by
Hur Hoon Do
Bought by
Hur Bong Kyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2004
Sold by
Paz Norma G
Bought by
Hur Bong Kyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2003
Sold by
Paz Edgar H and Paz Norma G
Bought by
Paz Norma G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 1996
Sold by
Pina Raul
Bought by
Gonzalez Norma T

Purchase Details

Closed on
Apr 23, 1994
Sold by
Calbillo Esteban
Bought by
Pina Raul and Pina Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,362
Interest Rate
7.79%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 1994
Sold by
American Svgs Bank
Bought by
Calbillo Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,362
Interest Rate
7.79%
Mortgage Type
FHA
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
New Cube Inc $530,000 Lawyers Title Company
Ip Wai Man $375,000 Lawyers Title
Patel Harivadan $170,000 Lawyers Title
Washington Mutual Bank $450,000 Commonwealth
Trujillo Daniel $619,000 Chicago Title Company
Hur Bong Kyung -- Diversified Title & Escrow
Hur Bong Kyung $490,000 Diversified Title & Escrow
Paz Norma G -- American Title
Gonzalez Norma T -- --
Pina Raul -- --
Calbillo Esteban $110,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ip Wai Man $190,000
Previous Owner Trujillo Daniel $557,100
Previous Owner Hur Bong Kyung $392,000
Previous Owner Paz Norma G $154,000
Previous Owner Calbillo Esteban $107,362
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2016 11/22/16 Sold $530,000 -3.6% $140 / Sq Ft
07/11/2016 07/11/16 For Sale $550,000 +46.7% $146 / Sq Ft
02/18/2014 02/18/14 Sold $375,000 -16.7% $99 / Sq Ft View Prior Sale
01/21/2014 01/21/14 Pending -- -- --
06/29/2013 06/29/13 For Sale $450,000 -- $119 / 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 $7,418 $615,108 $116,058 $499,050
2024 $7,418 $603,047 $113,782 $489,265
2023 $7,913 $591,223 $111,551 $479,672
2022 $7,347 $579,631 $109,364 $470,267
2021 $7,300 $568,266 $107,220 $461,046
2020 $7,349 $562,440 $106,121 $456,319
2019 $7,181 $551,412 $104,040 $447,372
2018 $6,971 $540,600 $102,000 $438,600
2017 $6,919 $530,000 $100,000 $430,000
2016 $5,139 $388,326 $77,666 $310,660
2015 $5,161 $382,493 $76,499 $305,994
2014 $4,497 $346,664 $61,979 $284,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16150961

California Regional Multiple Listing Service (CRMLS)

APN: 0127-351-39