NOT LISTED FOR SALE

370 S Forest Ave Rialto, CA 92376

Estimated Value: $619,000 - $1,169,000

2 Beds
2 Baths
3,776 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $365,000 $97 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $5,301/month

6 Days on Market

About This Home

As of May 2013

THIS IS A FOUR UNIT PROPERTY EACH UNIT FEATURES 2 BEDROOMS AND 2 BATHROOMS. SUBJECT IS IN NEED OF COSMETICS AND MINOR REPAIR.

Last Agent to Sell the Property

SUSAN FLOWERS

Town & Country Real Estate License #01424923 Listed on: 04/09/2013

Last Buyer's Agent

Reling Wong

Opulence Realty License #01183159

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1986

Lot Details

  • 9,000 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,776 Sq Ft Home
  • Property Attached
  • Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 12141
  • Assessor Parcel Number 0246291360000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $2,400
  • New Taxes Expense $4,250
  • Gross Income $3,600
  • Net Operating Income $7,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,822

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0246291360000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 96.66

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2070

Multi Family

  • Gross Income: 3600.00
  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 9000.0000 Square Feet
  • Net Operating Income: 7850.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 7850.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4250.00
  • Tax Lot: 36
  • Tax Tract Number: 12141
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2021
Sold by
Kwan Wansze Lau
Bought by
Kwan Eric
Current Estimated Value
$931,333

Purchase Details

Closed on
Apr 24, 2014
Sold by
Kwan Eric
Bought by
Kwan Wansze Lau

Purchase Details

Listed on
Apr 9, 2013
Closed on
Apr 25, 2013
Sold by
Us Bank National Association
Bought by
Lau Kwan Eric and Lau Kwan Wansze
Seller's Agent
SUSAN FLOWERS
Town & Country Real Estate
Buyer's Agent
Reling Wong
Opulence Realty
List Price
$340,000
Sold Price
$365,000
Premium/Discount to List
$25,000
7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Dec 12, 2011
Sold by
Lengua Leona M
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 29, 2011
Sold by
Lengua Leona M
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 24, 2005
Sold by
Lengua Leona Marie
Bought by
Lengua Leona M and The Lengua Revocable Inter Viv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 18, 2004
Sold by
Lengua Leona
Bought by
Lengua Leona M and The Lengua Revocable Inter Viv

Purchase Details

Closed on
Dec 5, 2003
Sold by
Moneysmith Helen
Bought by
Lengua Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2003
Sold by
Moneysmith Helen
Bought by
Lengua Leona Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2000
Sold by
Verdin Juan Manuel
Bought by
Moneysmith Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
8.87%

Purchase Details

Closed on
Sep 12, 2000
Sold by
Verdin Carlos
Bought by
Verdin Juan Manuel

Purchase Details

Closed on
Feb 12, 1996
Sold by
Federal National Mortgage Association
Bought by
Verdin Verdin Jr Carlos Jr Carlos and Verdin Reyes Everado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,029
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 1995
Sold by
Hsieh Ben and Hsieh Mari Kow
Bought by
Federal National Mortgage Association
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
Kwan Eric -- None Available
Kwan Wansze Lau -- None Available
Lau Kwan Eric -- None Available
Lau Kwan Eric $365,000 Equity Title Company
U S Bank National Association $325,000 Lps Default Title & Closing
U S Bank National Association $270,000 Accommodation
Lengua Leona M -- Chicago Title Co
Lengua Leona Marie -- Chicago Title Co
Lengua Leona M -- --
Lengua Leona M -- --
Lengua Leona -- Orange Coast Title
Lengua Leona Marie $346,500 Orange Coast Title Company
Moneysmith Helen $195,000 Old Republic Title
Verdin Juan Manuel -- --
Verdin Verdin Jr Carlos Jr Carlos $125,000 Northern Counties Title Ins
Federal National Mortgage Association $117,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lengua Leona Marie $418,000
Previous Owner Lengua Leona $252,000
Previous Owner Lengua Leona Marie $277,200
Previous Owner Moneysmith Helen $133,600
Previous Owner Verdin Verdin Jr Carlos Jr Carlos $124,029
Closed Moneysmith Helen $16,700
Closed Lengua Leona $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $365,000 +7.4% $97 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $340,000 -- $90 / 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 $4,822 $449,472 $80,043 $369,429
2024 $4,822 $440,659 $78,474 $362,185
2023 $4,701 $432,018 $76,935 $355,083
2022 $4,683 $423,547 $75,426 $348,121
2021 $4,626 $415,242 $73,947 $341,295
2020 $4,616 $410,984 $73,189 $337,795
2019 $4,479 $402,926 $71,754 $331,172
2018 $4,545 $395,025 $70,347 $324,678
2017 $4,521 $387,280 $68,968 $318,312
2016 $4,448 $379,687 $67,616 $312,071
2015 $4,393 $373,983 $66,600 $307,383
2014 $4,396 $366,657 $65,295 $301,362
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    SUSAN FLOWERS

    Town & Country Real Estate

  • Reling Wong

    Buyer's Agent in 2013

    Reling Wong

    Opulence Realty

    (626) 487-4080

    56 Total Sales

    Reling Wong
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV13062307

California Regional Multiple Listing Service (CRMLS)

APN: 0246-291-36

California San Bernardino County Rialto 92376

370 S Forest Ave, Rialto, CA

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