NOT LISTED FOR SALE

424 W 7th St Upland, CA 91786

7 Beds
7 Baths
8,540 Sq Ft
0.53 Acres

Last Sold February 16, 2018

Last sale price $1,010,000 $118 Per Sq Ft

312 Days on Market

About This Home

As of February 2018

Back on the Market!!! Desirable units in a Residential Neighborhood. Property is currently six units and permitted for 5 on 1/2 Acre lot. Tax record shows 7 units. City may approve 6th unit with appropriate plans. Two units were recently upgraded throughout. Plenty of Parking and additional RV parking or Storage Area. Property to be sold AS-IS Condition.

Last Agent to Sell the Property

Michael Flanagan

MARSHALL FUNDING GROUP License #01068661 Listed on: 03/06/2017

Last Buyer's Agent

Michael Flanagan

MARSHALL FUNDING GROUP License #01068661 Listed on: 03/06/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 0.53 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 8,540 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 693
  • Tax Tract Number 5487
  • Assessor Parcel Number 1047272290000

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,152
  • Fuel Expense $768
  • Gardener Expense $1,440
  • Insurance Expense $1,791
  • Trash Expense $1,584
  • Water Sewer Expense $2,160
  • New Taxes Expense $15,000
  • Operating Expense $24,895
  • Gross Income $62,628
  • Net Operating Income $46,230

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2160.00
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 1047272290000
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 118.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 1584.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 23300.00

Multi Family

  • Electric Expense: 2152.00
  • Fuel Expense: 768.00
  • Gross Income: 62628.00
  • Gross Scheduled Income: 62628.00
  • Insurance Expense: 1791.00
  • Net Operating Income: 46230.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 16398.00
  • Rent Control: No
  • Total Actual Rent: 5525.00
  • Total Expenses: 24895.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Area: 8003
  • Tax Census Tract: 8.26
  • Tax Lot: 693
  • Tax Tract Number: 5487

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $1,010,000 -15.8% $118 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
03/06/2017 03/06/17 For Sale $1,200,000 -- $141 / 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 $12,578 $1,149,208 $398,240 $750,968
2024 $12,179 $1,126,674 $390,431 $736,243
2023 $11,999 $1,104,582 $382,775 $721,807
2022 $11,742 $1,082,924 $375,270 $707,654
2021 $11,734 $1,061,690 $367,912 $693,778
2020 $11,416 $1,050,804 $364,140 $686,664
2019 $11,377 $1,030,200 $357,000 $673,200
2018 $8,502 $776,356 $264,067 $512,289
2017 $8,256 $761,133 $258,889 $502,244
2016 $7,966 $746,209 $253,813 $492,396
2015 $7,783 $735,000 $250,000 $485,000
2014 $8,998 $847,135 $284,274 $562,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17045871

California Regional Multiple Listing Service (CRMLS)

APN: 1047-272-29