NOT LISTED FOR SALE

492 Thousand Pines Rd Unit 1-3 Crestline, CA 92325

Estimated Value: $467,000 - $659,000

4 Beds
4 Baths
2,205 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $496,750 $225 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,409/month

22 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Mountainous Community
  • Mountain View
  • Laundry Room
  • Central Heating

About This Home

As of June 2023

Beautiful Triplex rebuilt in 2015 with a total of 4 Bedrooms and 4 Bathrooms set in the picturesque mountains of Crestline. As you arrive you will notice the plethora of level parking 2 cars wide in the main driveway and a second driveway allowing plenty of parking for all three units surrounded by beautiful mature trees. Once inside Unit 1 you will enjoy the open floor plan with the Living room opening to the Kitchen, a Bedroom and Bathroom with a walk in shower on the main level. Upstairs you will find the Master bedroom with a Master Retreat at the top of the stairs with hooks up for a washer and dryer, an oversized walk in closet, and a Full Bathroom complete with a tub/shower combo. Unit 2 features a Living Room that is open to the Kitchen with 1 Bedroom and 1 Bathroom all on one level with wood floors. Unit 3 has level access from the parking, a living room that is open to the Kitchen with 1 Bedroom and 1 Bathroom all on the bottom level of the triplex. All 3 units have upgraded wood cabinets in the Kitchen and Bathrooms. The Bathrooms feature vinyl flooring and all have shower/bath glass enclosures. There are ceiling fans with lights in the Living rooms and Bedrooms of all three units. There are 3 electric and 3 gas meters. Each unit has central heating and separate water heater. The triplex is located in a amazing area of Crestline right around the corner from the shops and restaurants on Lake Drive. Don't miss this great opportunity for an investment with a rare to find Triplex rebuilt in 2015!!!

Last Agent to Sell the Property

Mary Harlan

A LIST ESTATES License #01167340 Listed on: 12/26/2022

Last Buyer's Agent

Victor Duenas

ELEVATE REAL ESTATE AGENCY License #01912659

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,369

Year Built

  • Built in 2015

Lot Details

  • 7,100 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Land Lease

Home Design

  • Triplex
  • Traditional Architecture
  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,205 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Central Heating
  • Source of electricity is unknown
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3
  • Tax Tract Number 2870
  • Assessor Parcel Number 0338121090000
  • $1,162 per year additional tax assessments

Community Details

Overview

  • 3 Units
  • Crestline Subdivision
  • Mountainous Community

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,000
  • Trash Expense $1,500
  • Water Sewer Expense $750
  • Operating Expense $6,250
  • Gross Income $35,880
  • Net Operating Income $29,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,369

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 166333
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Crestline (CRES)
  • View: Yes
  • Water Sewer Expenses: 750.00
  • Zoning: CF/RS-14M
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0338121090000
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 225.28

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Microwave
  • Electric: Electricity - Unknown
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7100.00
  • Lot Size Acres: 0.1630

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 1100 Square Feet
  • Gross Income: 35880.00
  • Gross Scheduled Income: 35880.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 7100.0000 Square Feet
  • Net Operating Income: 29630.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 6250.00
  • Rent Control: No
  • Total Actual Rent: 2990.00
  • Total Expenses: 6250.00

Tax Info

  • Tax Census Tract: 108.04
  • Tax Lot: 3
  • Tax Tract Number: 2870
  • TaxOtherAnnualAssessmentAmount: 1161.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
Michael And Crystal Ewert Living Trust
Bought by
Pozuelos Jaime
Current Estimated Value
$540,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,400
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2016
Sold by
Ewert Michael E and Ewert Crystal L
Bought by
The Michael & Crystal Ewert Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2009
Sold by
Ewert Michael E and Ewert Crystal L
Bought by
Ewert Michael E and Ewert Crystal L

Purchase Details

Closed on
Aug 28, 2007
Sold by
Pate Michael E and Pate Michele A
Bought by
Ewert Michael E and Ewert Crystal L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2004
Sold by
Lozes John L and Lozes Marcia L
Bought by
Pate Michael E and Pate Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2000
Sold by
Bruce John W and Bruce Edna F
Bought by
Lozes John L and Lozes Marcia L
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
Pozuelos Jaime $497,000 Lawyers Title
The Michael & Crystal Ewert Living Trust -- Lawyers Title
Ewert Michael E -- Lawyers Title
Ewert Michael E -- None Available
Ewert Michael E $275,000 Lawyers Title Co
Pate Michael E $174,000 Lawyers Title Company
Lozes John L -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pozuelos Jaime $397,400
Previous Owner Ewert Michael E $189,000
Previous Owner Ewert Michael E $206,250
Previous Owner Pate Michael E $139,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $496,750 0.0% $225 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/17/2023 01/17/23 Off Market $496,750 -- --
12/26/2022 12/26/22 For Sale $499,000 -- $226 / 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 $6,369 $516,819 $72,828 $443,991
2024 $6,369 $506,685 $71,400 $435,285
2023 $4,906 $373,761 $41,663 $332,098
2022 $4,810 $366,432 $40,846 $325,586
2021 $4,754 $359,247 $40,045 $319,202
2020 $4,750 $355,563 $39,634 $315,929
2019 $4,635 $348,591 $38,857 $309,734
2018 $4,346 $341,756 $38,095 $303,661
2017 $4,269 $335,055 $37,348 $297,707
2016 $4,143 $328,486 $36,616 $291,870
2015 $680 $29,200 $29,200 $0
2014 $515 $146,900 $29,200 $117,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22259477

California Regional Multiple Listing Service (CRMLS)

APN: 0338-121-09