Seller's Agent in 2020
Patrick Panacci
KELLER WILLIAMS REALTY COLLEGE PARK
(909) 833-3200
39 Total Sales
461 N 7th St Colton, CA 92324
7
Beds
4
Baths
2,474
Sq Ft
6,500
Sq Ft Lot
About This Home
As of September 2020Rare find in Colton,FHA Welcome, Standard Sale. Perfect income property for owner occupant or passive income investor. 4 seperate buildings. 3 Single family residences and one apartment building above garage. Property was purchased in a distress sale. Current owner has removed the previous tenants, rehabilitated the property, and now has 3 excellent tenants and the largest house is vacant with beautiful granite countertops, top of the line cabinets, recessed lighting, brand new subfloor and tile in the kitchen. High quality carpet throughout. Do not under any circumstance disturb the tenants, ask them questions, or walk around the occupied buildings. They are instructed to report any agent or buyers not following the rules.
Currently collecting $2,300/mo from the three occupied units. Main house is vacant and is being offered for lease at $1,200/mo . Projected $3,500/mo rental income. Owner occupied buyers hurry up and make an offer!!
455 N 7th St is a 3 bedroom 1.5 bathroom SFR
455 1/2 N 7th St is a smal 1 bedroom 1 bathroom apartment above the garage
461 N 7th St is a 2 bedroom 1 bathroom SFR
461 1/2 N 7th St is a 1 bedroom 1 bathroom SFR
Last Agent to Sell the Property
Cal Mutual License #01317271 Listed on: 01/11/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,757
Year Built
- Built in 1922
Lot Details
- 6,500 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 2,474 Sq Ft Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 125
- Assessor Parcel Number 0162092020000
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,000
- Trash Expense $1,400
- Water Sewer Expense $1,500
- New Taxes Expense $4,125
- Gross Income $35,000
- Net Operating Income $35,000
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
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
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $525,000 | Orange Coast Title | |
| Interfamily Deed Transfer | -- | Wfg National Title Co Of Ca | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $333,000 | Orange Coast Title Company | |
| Grant Deed | $187,000 | Orange Coast Title Co | |
| Interfamily Deed Transfer | -- | Orange Coast Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $525,000 | Commercial | |
| Previous Owner | $346,500 | New Conventional | |
| Previous Owner | $339,500 | New Conventional | |
| Previous Owner | $304,486 | FHA |
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
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
-
Patrick Panacci
-
Christopher Dumayas
C
Buyer's Agent in 2020
Christopher Dumayas
MZ BROKERAGE INC.
(626) 676-5090
12 Total Sales
-
Fernando Jaramillo
F
Seller's Agent in 2013
Fernando Jaramillo
Cal Mutual
(626) 991-4252
27 Total Sales
-
REX WILLIAMS
Seller's Agent in 2012
REX WILLIAMS
NATIONAL REALTY GROUP
(909) 489-5733
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR13071136
APN: 0162-092-02
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