NOT LISTED FOR SALE

461 N 7th St Colton, CA 92324

Estimated Value: $660,000 - $813,000

7 Beds
4 Baths
2,474 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $525,000 $212 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,571/month

3 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • 4-minute walk to Fleming Park
  • Level Lot

About This Home

As of September 2020

Great deal for 4 units!FHA Welcome! Perfect income property for owner occupant or passive income investor. 4 separate buildings. 3 Single family residences and one apartment building above garage. Conveniently close to FWY food and shopping.

Last Agent to Sell the Property

Patrick Panacci

KELLER WILLIAMS REALTY COLLEGE PARK License #01892274 Listed on: 08/19/2020

KELLER WILLIAMS REALTY COLLEGE PARK

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,757

Year Built

  • Built in 1925

Lot Details

  • 6,500 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,474 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 1 / 80
  • Tax Tract Number 125
  • Assessor Parcel Number 0162092020000

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $262
  • Operating Expense $262
  • Gross Income $3,388
  • Net Operating Income $3,388

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,757

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 262.00
  • Property Type: Residential Income
  • Parcel Number: 0162092020000
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 212.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 3388.00
  • Gross Scheduled Income: 3650.00
  • Lot Size Area: 6500.0000 Square Feet
  • Net Operating Income: 3388.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 262.00
  • Rent Control: No
  • Total Actual Rent: 3650.00
  • Total Expenses: 262.00

Tax Info

  • Tax Block: 80
  • Tax Census Tract: 125.00
  • Tax Lot: 1
  • Tax Tract Number: 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Aug 27, 2020
Sold by
Brown Justin A and Brown Laila
Bought by
Golden Opportunity No 28 Lp
Seller's Agent
Patrick Panacci
KELLER WILLIAMS REALTY COLLEGE PARK
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$755,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,880
Avg. Annual Appreciation
8.82%
Original Mortgage
$525,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2020
Sold by
Brown Justin A and Brown Laila
Bought by
Brown Justin A and Brown Laila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2019
Sold by
Brown Justin A and The Justin A Brown Trust
Bought by
Brown Justin A and Hamoodi Laila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2018
Sold by
Brown Justin
Bought by
Brown Justin A

Purchase Details

Listed on
Jan 11, 2013
Closed on
May 2, 2013
Sold by
Moreno Jose
Bought by
Brown Justin and Brown Paula
Seller's Agent
Fernando Jaramillo
Cal Mutual
Buyer's Agent
Fernando Jaramillo
Cal Mutual
List Price
$333,000
Sold Price
$333,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$304,486
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 27, 2012
Closed on
Apr 10, 2012
Sold by
Christiansen June L
Bought by
Moreno Jose
Seller's Agent
REX WILLIAMS
NATIONAL REALTY GROUP
Buyer's Agent
Fernando Jaramillo
Cal Mutual
List Price
$189,900
Sold Price
$187,000
Premium/Discount to List
-$2,900
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.48%

Purchase Details

Listed on
Mar 27, 2012
Closed on
Apr 4, 2012
Sold by
Moreno Rebecca
Bought by
Moreno Jose
Seller's Agent
REX WILLIAMS
NATIONAL REALTY GROUP
Buyer's Agent
Fernando Jaramillo
Cal Mutual
List Price
$189,900
Sold Price
$187,000
Premium/Discount to List
-$2,900
-1.53%

Purchase Details

Closed on
Nov 4, 2010
Sold by
Christiansen June L
Bought by
Christiansen June L and June L Christiansen Family Tru

Purchase Details

Closed on
Dec 31, 1993
Sold by
Christiansen Louis Svend
Bought by
Christiansen Louis S and Christiansen June L

Purchase Details

Closed on
Oct 23, 1993
Sold by
Christiansen Christoffer S
Bought by
Christiansen Louis Svend and Christiansen Janice M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Golden Opportunity No 28 Lp $525,000 Orange Coast Title
Brown Justin A -- Wfg National Title Co Of Ca
Brown Justin A -- Fidelity National Title Co
Brown Justin A -- None Available
Brown Justin $333,000 Orange Coast Title Company
Moreno Jose $187,000 Orange Coast Title Co
Moreno Jose -- Orange Coast Title Company
Christiansen June L -- None Available
Christiansen Louis S -- --
Christiansen Louis Svend -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Opportunity No 28 Lp $525,000
Previous Owner Brown Justin A $346,500
Previous Owner Brown Justin A $339,500
Previous Owner Brown Justin $304,486
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $525,000 -4.5% $212 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $550,000 +65.2% $222 / Sq Ft
05/10/2013 05/10/13 Sold $333,000 0.0% $135 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $333,000 +78.1% $135 / Sq Ft
04/13/2012 04/13/12 Sold $187,000 -1.5% $76 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $189,900 -- $77 / 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 $6,757 $568,276 $102,831 $465,445
2024 $6,757 $557,134 $100,815 $456,319
2023 $6,776 $546,210 $98,838 $447,372
2022 $6,679 $535,500 $96,900 $438,600
2021 $6,816 $525,000 $95,000 $430,000
2020 $4,951 $374,954 $45,040 $329,914
2019 $4,816 $367,602 $44,157 $323,445
2018 $4,738 $360,394 $43,291 $317,103
2017 $4,573 $353,327 $42,442 $310,885
2016 $4,688 $346,399 $41,610 $304,789
2015 $4,539 $341,196 $40,985 $300,211
2014 $4,382 $334,512 $40,182 $294,330
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20170143

California Regional Multiple Listing Service (CRMLS)

APN: 0162-092-02