NOT LISTED FOR SALE
9 Beds
5 Baths
2,250 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: August 3, 2023

Last sale price $1,080,000 $480 Per Sq Ft

83 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Bonus Room
  • Laundry Room
  • Citrus Hills Intermediate School Rated A-
  • Den
  • Tile Flooring

About This Home

As of August 2023

5 Units (5 separate electric and 5 separate water meters; one for each unit). Four of the units are 2 bedrooms, one bathroom, and one unit is 1 bedroom, one bathroom. Current rents are significantly below market values, as the "tenants" are mostly family of the owner. Property is near to 15 freeway access, shopping centers and schools. Four of the units are on the ground floor, and one unit (2 bedrooms) is on a second floor.

Last Agent to Sell the Property

RUDY ESTANQUE

RE/MAX ADVANTAGE-REDLANDS License #01468788 Listed on: 04/07/2023

RE/MAX ADVANTAGE-REDLANDS

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 2,250 Sq Ft Home
  • Family Room
  • Den
  • Bonus Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Evaporated cooling system
  • Central Air
  • Underground Utilities
  • Phone Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas
  • Legal Lot and Block 10 / T
  • Tax Tract Number 414
  • Assessor Parcel Number 135032011
  • $139 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Horsethief Canyon Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $3,600
  • Fuel Expense $1,000
  • Insurance Expense $4,000
  • Trash Expense $1,200
  • Water Sewer Expense $600
  • Operating Expense $5,900
  • Gross Income $48,000
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Horsethief Canyon
  • Water Sewer Expenses: 600.00
  • Zoning: R-1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 135032011
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 480.00
  • Room Type: Bonus Room, Den, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Underground Utilities, Water Available, Water Connected
  • Laundry: Yes
  • Electric: Electricity - On Property, Standard
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air, Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Paved
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 3600.00
  • Fuel Expense: 1000.00
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 24000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 24000.00
  • Rent Control: No
  • Total Expenses: 5900.00

Tax Info

  • Tax Block: T
  • Tax Census Tract: 414.10
  • Tax Lot: 10
  • Tax Tract Number: 414.10
  • TaxOtherAnnualAssessmentAmount: 139.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2024
Sold by
Patel Nimish and Patel Shraddha
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Outstanding Balance
$699,202
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2023
Closed on
Jun 8, 2023
Sold by
Trujillo Rafael and Trujillo Antonio
Bought by
Patel Nimish and Patel Shraddha
Seller's Agent
RUDY ESTANQUE
RE/MAX ADVANTAGE-REDLANDS
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$1,100,000
Sold Price
$1,080,000
Premium/Discount to List
-$20,000
-1.82%
Views
380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,065,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Patel Nimish $1,080,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $835,000
Previous Owner Patel Nimish $1,065,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/03/2023 08/03/23 Sold $1,080,000 -1.8% $480 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $1,100,000 0.0% $489 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $1,100,000 -- $489 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,783 $1,144,440 $234,090 $910,350
2025 $12,142 $1,122,000 $229,500 $892,500
2023 $12,142 $136,039 $53,394 $82,645
2022 $1,643 $133,373 $52,348 $81,025
2021 $1,604 $130,759 $51,322 $79,437
2020 $1,586 $129,419 $50,796 $78,623
2019 $1,551 $126,882 $49,800 $77,082
2018 $1,516 $125,645 $48,826 $76,819
2017 $1,481 $123,207 $47,869 $75,338
2016 $1,466 $120,817 $46,931 $73,886
2015 $1,435 $119,023 $46,227 $72,796
2014 $1,383 $116,718 $45,322 $71,396
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23058125

California Regional Multiple Listing Service (CRMLS)

APN: 135-032-011

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