NOT LISTED FOR SALE

502 Chestnut Ave Beaumont, CA 92223

Estimated Value: $353,000 - $555,000

4 Beds
2 Baths
1,699 Sq Ft
$281/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $342,000 $201 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,889/month

2 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Air
  • Neighborhood Views

About This Home

As of June 2018

2 ON A LOT! OPPORTUNITY KNOCKS IN BEAUMONT AGAIN! INVESTORS SPECIAL OR LIVE IN ONE AND RENT THE OTHER OR BRING YOUR IN LAWS WITH YOU! MANY POSSIBILITIES FOR THIS NEWLY RENOVATED PROPERTY, WORDS ARE NOT ENOUGH TO DESCRIBE ALL THE UPGRADES AND CHARACTER THAT WAS PUT IN TO THIS PROJECT BUT TAKE A LOOK OF THE PICTURES AND YOU BE THE JUDGE! EACH UNIT HAS 2 BEDROOMS 1 BATH.

Last Agent to Sell the Property

Hernan Orellana

REAL ESTATE MASTERS GROUP License #01214395 Listed on: 05/08/2018

Last Buyer's Agent

Hernan Orellana

REAL ESTATE MASTERS GROUP License #01214395 Listed on: 05/08/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.27 Acre Lot
  • No Common Walls

Home Design

  • Duplex

Interior Spaces

  • 1,699 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Urban Location
  • Central Air

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 2027
  • Assessor Parcel Number 418113017

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 418113017
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1699.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 201.29
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11737.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 002027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 19, 2018
Sold by
Recinos Minerva
Bought by
Estrada Raudel Hernandez and Hernandez Lucina
Seller's Agent
Hernan Orellana
REAL ESTATE MASTERS GROUP
Buyer's Agent
Hernan Orellana
REAL ESTATE MASTERS GROUP
List Price
$354,900
Sold Price
$342,000
Premium/Discount to List
-$12,900
-3.63%
Current Estimated Value
$477,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,288
Avg. Annual Appreciation
4.48%
Original Mortgage
$335,805
Outstanding Balance
$292,788
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$184,500

Purchase Details

Listed on
May 8, 2018
Closed on
May 30, 2018
Sold by
Leon Jose
Bought by
Leon Lucy Y
Seller's Agent
Hernan Orellana
REAL ESTATE MASTERS GROUP
Buyer's Agent
Hernan Orellana
REAL ESTATE MASTERS GROUP
List Price
$354,900
Sold Price
$342,000
Premium/Discount to List
-$12,900
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,805
Outstanding Balance
$292,788
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$184,500

Purchase Details

Closed on
Nov 16, 2017
Sold by
Acosta Francisca P
Bought by
Recinos Minerva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2015
Sold by
Cruz Graciela Salinas
Bought by
Cruz Graciela Salinas and Acosta Francisca P

Purchase Details

Closed on
Aug 18, 1997
Sold by
Salinas Meregilda M
Bought by
Salinas Meregilda Martha and Cruz Graciela Salinas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Estrada Raudel Hernandez $342,000 First American Title Company
Leon Lucy Y -- First American Title
Recinos Minerva $125,000 First American Title Company
Cruz Graciela Salinas -- None Available
Salinas Meregilda Martha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Raudel Hernandez $335,805
Previous Owner Recinos Minerva $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $342,000 -3.6% $201 / Sq Ft
05/08/2018 05/08/18 For Sale $354,900 -- $209 / 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 $5,012 $389,131 $106,951 $282,180
2023 $5,012 $374,023 $102,799 $271,224
2022 $4,935 $366,690 $100,784 $265,906
2021 $4,841 $359,501 $98,808 $260,693
2020 $4,792 $355,815 $97,795 $258,020
2019 $4,717 $348,839 $95,878 $252,961
2018 $1,755 $125,000 $60,000 $65,000
2017 $656 $43,935 $21,820 $22,115
2016 $639 $43,075 $21,393 $21,682
2015 $263 $22,437 $10,935 $11,502
2014 $1,198 $22,000 $10,722 $11,278
Source: Public Records

Agents Affiliated with this Home

  • Hernan Orellana

    Seller's Agent in 2018

    Hernan Orellana

    REAL ESTATE MASTERS GROUP

    (909) 754-1717

    27 in this area

    84 Total Sales

    Hernan Orellana
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18107708

California Regional Multiple Listing Service (CRMLS)

APN: 418-113-017

California Riverside County Beaumont 92223

502 Chestnut Ave, Beaumont, CA

Not Listed for Sale

MultiFamily

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