NOT LISTED FOR SALE

464 Riverside Ave Colton, CA 92324

Estimated Value: $482,988 - $640,000

4 Beds
2 Baths
1,466 Sq Ft
$400/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $490,000 $334 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,562/month

62 Days on Market

Highlights

  • Tile Flooring
  • Utility Room
  • Dining Area
  • Central Heating and Cooling System

About This Home

As of August 2021

GREAT INVESTMENT! This DUPLEX has 2 UNITS. Each unit has 2 bedrooms/ 1 bathroom, a utility room and single car garage. Windows replaced appx 4 years ago.. HVAC replaced appx 3 years ago. Both units were refurbished before current tenants moved in appx 6 years ago. Front yard is a nice grassed area where entrance to both units can be obtained. Both units have a private back patio. Large space on the back of the property. Property is on a cul-de-sac. Buyer to cooperate with sellers 1031 Exchange, at no cost to buyer.

Last Agent to Sell the Property

Karen Muth

Berkshire Hathaway HomeServices California Properties License #02003903 Listed on: 05/26/2021

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,500

Interior Spaces

  • 1,466 Sq Ft Home
  • Dining Area
  • Utility Room
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • 2 Parking Garage Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Sewer in Street

Additional Features

  • 7,500 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 0160261080000

Community Details

Overview

  • 2 Units
  • Built by TWO UNITS!

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: Yes
  • Levels: Ground
  • Builder Name: TWO UNITS!
  • List Price per Sq Ft: 341.06
  • Lp Sp Ratio: 0.9800
  • Year Built: 1960
  • Internal Listing I D: 20210526215622875201000000
  • Listing I D: 219062797
  • Listing Member Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Listing Office Address: 74-990 Highway 111, Indian Wells, CA 92210
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 6129 Buena Vista Terrace, Los Angeles, CA 90042
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry Equipment: Hook-Ups
  • Estimated Sq Ft: 1466.00

Garage/Parking

  • Parking: Driveway
  • Parking Info Total Garage Spaces: 2.00
  • Parking Info Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Sewer: In Street Paid
  • Number Gas Meter: 2
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 0160261080000
  • Lot Description: 2 - 4 Lots
  • Lot Size: 7500.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Rent Control: Yes
  • Total Units: 2

MLS Schools

  • School District: Colton Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jun 28, 2021
Sold by
Gianinni John R
Bought by
Ramirez Guadalupe
Seller's Agent
Karen Muth
Berkshire Hathaway HomeServices California Properties
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Current Estimated Value
$586,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,497
Avg. Annual Appreciation
4.05%
Original Mortgage
$350,000
Outstanding Balance
$318,054
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$268,443

Purchase Details

Closed on
Apr 25, 2003
Sold by
Giannini John R
Bought by
Giannini John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.84%

Purchase Details

Closed on
Apr 12, 2002
Sold by
Giannini Lori A
Bought by
Giannini John R

Purchase Details

Closed on
Aug 25, 1995
Sold by
American Svgs Bank Fa
Bought by
Foulke Sallie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
7.63%
Mortgage Type
Seller Take Back
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
Ramirez Guadalupe $490,000 Landwood Title
Giannini John R -- First American
Giannini John R -- First American
Foulke Sallie $87,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Guadalupe $350,000
Previous Owner Giannini John R $84,000
Previous Owner Foulke Sallie $69,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $490,000 -2.0% $334 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $500,000 -- $341 / Sq Ft
Source: California Desert Association of REALTORS®

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 $6,491 $519,992 $106,121 $413,871
2024 $6,192 $509,796 $104,040 $405,756
2023 $6,210 $499,800 $102,000 $397,800
2022 $6,121 $490,000 $100,000 $390,000
2021 $1,788 $135,123 $28,154 $106,969
2020 $1,795 $133,737 $27,865 $105,872
2019 $1,747 $131,115 $27,319 $103,796
2018 $1,720 $128,544 $26,783 $101,761
2017 $1,661 $126,024 $26,258 $99,766
2016 $1,702 $123,553 $25,743 $97,810
2015 $1,649 $121,697 $25,356 $96,341
2014 $1,593 $119,313 $24,859 $94,454
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Karen Muth

    Berkshire Hathaway HomeServices California Properties

    (760) 564-9575

    1 in this area

    5 Total Sales

    Karen Muth
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219062797

California Desert Association of REALTORS®

APN: 0160-261-08

California San Bernardino County Colton 92324

464 Riverside Ave, Colton, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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