554 W E St Colton, CA 92324
Estimated Value: $543,000 - $672,000
5
Beds
2
Baths
1,590
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- 2 Car Garage
- Evaporated cooling system
- Tile Flooring
- Wall Furnace
About This Home
As of July 2023Two Homes on One Lot!! You don't want to miss out on this excellent opportunity to own an Investment Property! This wonderful duplex consist of two completely detached homes that sit on a large 7,500sf lot. First home has 3 bedrooms and 1 bathroom and the second home is 2 bedroom 1 bath. Each has its own front and back yard and its own garage and are nestled in a great Colton neighborhood. These homes have been freshly painted on the outside and both are completely fenced. You can live in one and rent out the other or rent them both out! Close to freeways, schools, parks, shopping, restaurants and more. Schedule your showing today, these won't last!
Last Agent to Sell the Property
Berkshire Hathaway Homeservices California Realty License #02076492 Listed on: 05/02/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,280
Year Built
- Built in 1957
Lot Details
- 7,500 Sq Ft Lot
- No Common Walls
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Duplex
Interior Spaces
- 1,590 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Washer Hookup
Utilities
- Evaporated cooling system
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection
- Legal Lot and Block 9 / 60
- Assessor Parcel Number 0162031250000
- $274 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $400
- Water Sewer Expense $800
- Operating Expense $2,400
- Gross Income $47,400
- Net Operating Income $47,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 18, 2023
Sold by
Arthur R Gomez Trust
Bought by
Arvizos Investments Llc
Total Days on Market
10
Current Estimated Value
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arvizos Investments Llc | $600,000 | Chicago Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2023 07/21/23 | Sold | $600,000 | +0.2% | $377 / Sq Ft |
| 05/12/2023 05/12/23 | Pending | -- | -- | -- |
| 05/02/2023 05/02/23 | For Sale | $599,000 | -- | $377 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $7,280 | $600,000 | $180,000 | $420,000 |
| 2023 | $3,637 | $291,312 | $88,434 | $202,878 |
| 2022 | $1,237 | $285,600 | $86,700 | $198,900 |
| 2021 | $1,261 | $94,374 | $16,412 | $77,962 |
| 2020 | $1,267 | $93,407 | $16,244 | $77,163 |
| 2019 | $1,233 | $91,575 | $15,925 | $75,650 |
| 2018 | $1,214 | $89,780 | $15,613 | $74,167 |
| 2017 | $1,173 | $88,020 | $15,307 | $72,713 |
| 2016 | $1,201 | $86,294 | $15,007 | $71,287 |
| 2015 | $1,164 | $84,998 | $14,782 | $70,216 |
| 2014 | $1,125 | $83,333 | $14,492 | $68,841 |
Source: Public Records
Agents Affiliated with this Home
-
Brenda Gomez
Seller's Agent in 2023
Brenda Gomez
Berkshire Hathaway Homeservices California Realty
(909) 856-0613
17 in this area
49 Total Sales
-
Marco Hernandez
M
Buyer's Agent in 2023
Marco Hernandez
NATIONAL REALTY GROUP
(951) 774-1300
2 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV23073826
APN: 0162-031-25
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