NOT LISTED FOR SALE

491 N Lilac Ave Rialto, CA 92376

Estimated Value: $603,000 - $1,018,000

5 Beds
2 Baths
2,685 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $420,000 $156 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,648/month

53 Days on Market

Highlights

  • Evaporated cooling system
  • Tile Flooring
  • Central Heating

About This Home

As of July 2017

Great opportunity for a first time home buyer and investors!! Triplex located in Rialto! NEW ROOF, Close to the main streets, markets, Walmart, metro link, bus stops and 210 and 10 Freeway. These properties are in very good conditions ready to move in! This lot consist of 3 private houses with commercial laundry room, and coolers, . One units has 3 Bedrooms 1 Bathroom and the two units have 2 Bedrooms 1 Bathroom. Don't miss out!

Last Agent to Sell the Property

Jessica Bernal

REALTY ONE GROUP WEST License #01826710 Listed on: 03/18/2017

REALTY ONE GROUP WEST

Last Buyer's Agent

Jessica Bernal

REALTY ONE GROUP WEST License #01826710 Listed on: 03/18/2017

REALTY ONE GROUP WEST

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,170

Year Built

  • Built in 1958

Lot Details

  • 7,686 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2,685 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Location

  • Urban Location
  • Suburban Location

Utilities

  • Evaporated cooling system
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 5561
  • Assessor Parcel Number 0127581200000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,686
  • Insurance Expense $967
  • Maintenance Expense $1,400
  • Trash Expense $1,008
  • Water Sewer Expense $4,320
  • New Taxes Expense $3,181
  • Operating Expense $12,562
  • Gross Income $45,600
  • Net Operating Income $28,238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,170

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 4320.00
  • Property Type: Residential Income
  • Gardener Expense: 1686.00
  • Parcel Number: 0127581200000
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Price Per Square Foot: 156.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1008.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7686.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 45600.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 967.00
  • Maintenance Expense: 1400.00
  • Net Operating Income: 28238.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12562.00
  • Rent Control: No
  • Total Expenses: 12562.00

Tax Info

  • New Taxes Expense: 3181.00
  • Tax Census Tract: 35.09
  • Tax Lot: 1
  • Tax Tract Number: 5561

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2017
Closed on
Jul 11, 2017
Sold by
Guerrero Rafaela
Bought by
Guerrero Caro Ramon P
Seller's Agent
Jessica Bernal
REALTY ONE GROUP WEST
Buyer's Agent
Jessica Bernal
REALTY ONE GROUP WEST
List Price
$475,000
Sold Price
$420,000
Premium/Discount to List
-$55,000
-11.58%
Current Estimated Value
$789,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,822
Avg. Annual Appreciation
7.95%
Original Mortgage
$384,615
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 18, 2017
Closed on
Jun 2, 2017
Sold by
Rodriguez Julio Levi and Serna Marta
Bought by
Guerrero Caro Ramon P
Seller's Agent
Jessica Bernal
REALTY ONE GROUP WEST
Buyer's Agent
Jessica Bernal
REALTY ONE GROUP WEST
List Price
$475,000
Sold Price
$420,000
Premium/Discount to List
-$55,000
-11.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,615
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2002
Sold by
Brobst Phillip R and Brobst Marilyn S
Bought by
Rodriguez Julio Levi and Serna Marta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,064
Interest Rate
5.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Guerrero Caro Ramon P -- Wfg National Title Company
Guerrero Caro Ramon P $420,000 Wfg National Title Company
Rodriguez Julio Levi $195,500 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerrero Caro Ramon P $384,615
Previous Owner Rodriguez Julio Levi $187,064
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2017 07/25/17 Sold $420,000 -11.6% $156 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
03/18/2017 03/18/17 For Sale $475,000 -- $177 / 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 $6,170 $477,887 $113,782 $364,105
2024 $6,170 $468,517 $111,551 $356,966
2023 $6,554 $459,331 $109,364 $349,967
2022 $6,077 $450,325 $107,220 $343,105
2021 $6,041 $441,495 $105,118 $336,377
2020 $6,068 $436,968 $104,040 $332,928
2019 $5,938 $428,400 $102,000 $326,400
2018 $5,754 $420,000 $100,000 $320,000
2017 $3,531 $243,974 $62,399 $181,575
2016 $3,181 $239,190 $61,175 $178,015
2015 $3,195 $235,597 $60,256 $175,341
2014 $3,007 $230,982 $59,076 $171,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17069875

California Regional Multiple Listing Service (CRMLS)

APN: 0127-581-20