NOT LISTED FOR SALE

438 Silverwood Ave Unit 4 Upland, CA 91786

Estimated Value: $1,164,071 - $1,289,000

8 Beds
8 Baths
4,000 Sq Ft
$310/Sq Ft Est. Value

Sale Details

Date Sold: May 21, 2021

Last sale price $965,000 $241 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,463 / mo

57 Days on Market

About This Home

As of May 2021

This home is located at 438 Silverwood Ave Unit 4, Upland, CA 91786 since 08 February 2021 and is currently estimated at $1,240,018, approximately $310 per square foot. This property was built in 1964. 438 Silverwood Ave Unit 4 is a home located in San Bernardino County with nearby schools including Cabrillo Elementary, Upland Junior High School, and Upland High School.

Last Agent to Sell the Property

Bill Melton

PAEZ REALTY COMPANY License #01342816 Listed on: 02/08/2021

Last Buyer's Agent

Ei Oh Chang

Coldwell Banker Residential Brokerage License #01870603

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 4,000 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 59
  • Tax Tract Number 6783
  • Assessor Parcel Number 1007492230000

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $1,650
  • Fuel Expense $10
  • Insurance Expense $1,200
  • Trash Expense $1,650
  • Water Sewer Expense $1,650
  • New Taxes Expense $10,450
  • Operating Expense $24,100
  • Gross Income $54,900
  • Net Operating Income $30,353

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

8,712 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1650.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 1007492230000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 241.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1650.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Electric Expense: 1650.00
  • Fuel Expense: 10.00
  • Gross Income: 54900.00
  • Gross Scheduled Income: 54900.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 0.2000 Acres
  • Net Operating Income: 30353.00
  • 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: 24100.00
  • Rent Control: Yes
  • Total Expenses: 24100.00

Tax Info

  • New Taxes Expense: 10450.00
  • Tax Lot: 59
  • Tax Tract Number: 6783

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
May 13, 2021
Sold by
Upland Pacific Llc
Bought by
Chang Tzu Ning and Chang Ei
Seller's Agent
Bill Melton
PAEZ REALTY COMPANY
Buyer's Agent
Ei Oh Chang
Coldwell Banker Residential Brokerage
List Price
$1,025,000
Sold Price
$965,000
Premium/Discount to List
-$60,000
-5.85%
Current Estimated Value
$1,240,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,018
Avg. Annual Appreciation
5.21%
Original Mortgage
$560,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2021
Closed on
May 4, 2021
Sold by
Chang Tzu Ning and Chang Ei
Bought by
Silver Wood Upland Llc
Seller's Agent
Bill Melton
PAEZ REALTY COMPANY
Buyer's Agent
Ei Oh Chang
Coldwell Banker Residential Brokerage
List Price
$1,025,000
Sold Price
$965,000
Premium/Discount to List
-$60,000
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2008
Sold by
Us Bank Na
Bought by
Upland Pacific Llc

Purchase Details

Closed on
May 23, 2008
Sold by
Park Hye Sook
Bought by
Us Bank National Association and Harborview 2005-13 Trust Fund

Purchase Details

Closed on
May 11, 2005
Sold by
Swanson Darrold L and Swanson Doris A
Bought by
Park Hye Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 30, 2001
Sold by
Swanson Darrold L and Swanson Doris A
Bought by
Swanson Darrold L and Swanson Doris A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chang Tzu Ning $965,000 First Amer Ttl Ins Co Ncs
Silver Wood Upland Llc -- Chicago Title
Upland Pacific Llc $567,000 None Available
Us Bank National Association $567,375 Landsafe Title
Us Bank Na $567,375 Landsafe
Park Hye Sook $660,000 Chicago Title Co
Park Hye Sook -- Chicago Title Co
Swanson Darrold L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Tzu Ning $560,000
Previous Owner Park Hye Sook $66,000
Previous Owner Park Hye Sook $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $965,000 -5.9% $241 / Sq Ft
02/08/2021 02/08/21 For Sale $1,025,000 -- $256 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,212 $1,024,066 $355,505 $668,561
2024 $10,856 $1,003,986 $348,534 $655,452
2023 $10,695 $984,300 $341,700 $642,600
2022 $10,466 $965,000 $335,000 $630,000
2021 $7,514 $674,558 $235,559 $438,999
2020 $7,311 $667,642 $233,144 $434,498
2019 $7,286 $654,551 $228,573 $425,978
2018 $7,107 $641,716 $224,091 $417,625
2017 $6,902 $629,133 $219,697 $409,436
2016 $6,649 $616,797 $215,389 $401,408
2015 $6,007 $561,600 $196,500 $365,100
2014 $5,660 $532,400 $186,300 $346,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bill Melton

    PAEZ REALTY COMPANY

    (909) 816-9378

    1 in this area

    6 Total Sales

    Bill Melton
    Section Image

  • E

    Buyer's Agent in 2021

    Ei Oh Chang

    Coldwell Banker Residential Brokerage

  • Amy Chang

    Buyer's Agent in 2021

    Amy Chang

    Coldwell Banker Realty

    (818) 404-2168

    1 in this area

    39 Total Sales

    Amy Chang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21026190

California Regional Multiple Listing Service (CRMLS)

APN: 1007-492-23

California San Bernardino County Upland 91786

438 Silverwood Ave Unit 4, Upland, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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