NOT LISTED FOR SALE

525 Erwin St Calimesa, CA 92320

Estimated Value: $829,000 - $951,000

7 Beds
4 Baths
2,712 Sq Ft
$330/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $405,000 $149 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $5,132/month

52 Days on Market

About This Home

As of September 2013

GREAT INVESTMENT PROPERTY! 4 homes on one property. #531- First home in front has 2 bedroom, 1 bath, laundry room, with open living room and dining room. Laundry room has washer/dryer hook-ups. New carpet and kitchen flooring. New water heater. This home has central air.The identical side units #517 & 529 each one has 1 bedroom, 1 bath with living room, kitchen and dining room. Washer hook up only. Tile throughout. Each unit comes with a fridge and stove. Wall a/c unit and wall heater.The back main home #525 is a 3 bedroom, 1 bath home with 2 wall a/c units. Laminate flooring throughout except carpet in the bedrooms. This home come with a fridge and stove as well.Each home comes with 1 carport space, but there is more parking in the back. Then property has plenty of fruit trees. They are walking distance to shopping and public transportation.

Last Agent to Sell the Property

Margarita Junak

RE/MAX TIME REALTY License #01893620 Listed on: 06/10/2013

RE/MAX TIME REALTY

Last Buyer's Agent

Chana Garcia

TOWER REALTY License #00446457

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.54 Acre Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • 2,712 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 411132005

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $996
  • Water Sewer Expense $1,320
  • New Taxes Expense $3,530
  • Gross Income $3,625
  • Net Operating Income $37,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1320.00
  • Property Type: Residential Income
  • Parcel Number: 411132005
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 149.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 996.00

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 23383.00
  • Lot Size Acres: 0.5370

Multi Family

  • Gross Income: 3625.00
  • Gross Scheduled Income: 43500.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 23383.0000 Square Feet
  • Net Operating Income: 37300.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3530.00
  • Tax Lot: 202
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Aguilar Veronica L
Bought by
Aguilar Veronica L
Current Estimated Value
$894,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$239,924
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$654,964

Purchase Details

Closed on
Jun 17, 2021
Sold by
Martinez Antonio Guzman
Bought by
Aguilar Veronica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$239,924
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$654,964

Purchase Details

Closed on
Aug 31, 2015
Sold by
Aguilar Veronica L
Bought by
Aguilar Veronica L and Galvan Arturo

Purchase Details

Listed on
Jun 10, 2013
Closed on
Aug 6, 2013
Sold by
Diaz Lemuel and Diaz Elsie P
Bought by
Aguilar Veronica L
Seller's Agent
Margarita Junak
RE/MAX TIME REALTY
Buyer's Agent
Chana Garcia
TOWER REALTY
List Price
$400,000
Sold Price
$405,000
Premium/Discount to List
$5,000
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$235,000
Interest Rate
4.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 27, 2002
Sold by
Lodes Kurt Patrick and Lodes Karen Leslie
Bought by
Diaz Lemuel and Diaz Elsie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,800
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2001
Sold by
Lodes Kurt P and Lodes Karen L
Bought by
Lodes Kurt Patrick and Lodes Karen Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 8, 2001
Sold by
Solomon Theodore C and Solomon Jackie L
Bought by
Lodes Kurt P and Lodes Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.88%
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
Aguilar Veronica L -- None Available
Aguilar Veronica L -- Orange Coast Ttl Co Of Socal
Aguilar Veronica L -- None Available
Aguilar Veronica L $405,000 Chicago Title Company
Diaz Lemuel -- Fidelity National Title Ins
Lodes Kurt Patrick -- --
Lodes Kurt P $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Veronica L $265,000
Closed Aguilar Veronica L $235,000
Previous Owner Diaz Lemuel $175,800
Previous Owner Lodes Kurt P $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2013 09/06/13 Sold $405,000 +1.3% $149 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $400,000 -- $147 / 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 $5,991 $496,462 $122,579 $373,883
2023 $5,991 $477,185 $117,820 $359,365
2022 $5,799 $467,829 $115,510 $352,319
2021 $5,726 $458,657 $113,246 $345,411
2020 $5,721 $453,955 $112,085 $341,870
2019 $5,479 $445,055 $109,888 $335,167
2018 $5,429 $436,330 $107,735 $328,595
2017 $5,311 $427,775 $105,623 $322,152
2016 $5,208 $419,388 $103,552 $315,836
2015 $5,153 $413,091 $101,998 $311,093
2014 $5,050 $405,000 $100,000 $305,000
Source: Public Records

Agents Affiliated with this Home

  • Margarita Junak

    Seller's Agent in 2013

    Margarita Junak

    RE/MAX

    (951) 809-8184

    567 Total Sales

    Margarita Junak
    Section Image

  • C

    Buyer's Agent in 2013

    Chana Garcia

    TOWER REALTY

    (204) 724-0810

    2 in this area

    14 Total Sales

    Chana Garcia
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13110204

California Regional Multiple Listing Service (CRMLS)

APN: 411-132-005

California Riverside County Calimesa 92320

525 Erwin St, Calimesa, CA

Not Listed for Sale

MultiFamily

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