NOT LISTED FOR SALE

583 N Palm Ave Upland, CA 91786

Estimated Value: $621,000 - $775,000

3 Beds
2 Baths
1,107 Sq Ft
$608/Sq Ft Est. Value

Last Sold August 04, 2016

Last sale price $320,500 $290 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,837/month

127 Days on Market

Highlights

  • No HOA
  • Upland High School Rated A-
  • Back Yard

About This Home

As of August 2016

3 Bedroom corner House , w/ Double detached garage , large back yard

Last Agent to Sell the Property

Frank Godfrey

HOMEQUEST REAL ESTATE License #00518062 Listed on: 04/14/2016

HOMEQUEST REAL ESTATE

Last Buyer's Agent

ZHUO PENG

Harvest Realty South Bay License #01905981

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,280 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 1,107 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care
  • Tax Lot 176
  • Tax Tract Number 3478
  • Assessor Parcel Number 1046294290000

Community Details

Overview

  • No Home Owners Association

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $560
  • Professional Management Expense $1,596
  • New Taxes Expense $4,320
  • Net Operating Income $13,325

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 1596.00
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Property Type: Residential Income
  • Parcel Number: 1046294290000
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 289.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Water Available
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7280.00
  • Price Per Lot Square Foot: 44.02

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care

Multi Family

  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 560.00
  • Net Operating Income: 13325.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 1
  • Number With Patio: 1
  • Operating Expense: 6475.00
  • Rent Control: No
  • Total Actual Rent: 1650.00

Tax Info

  • New Taxes Expense: 4320.00
  • Tax Lot: 176
  • Tax Tract Number: 3478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Kun Tao
Bought by
Kun Tao Family Trust
Current Estimated Value
$673,450

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jul 22, 2016
Sold by
Graber Andrea
Bought by
Shih Sarrina H and Tao Kun
Seller's Agent
Frank Godfrey
HOMEQUEST REAL ESTATE
Buyer's Agent
ZHUO PENG
Harvest Realty South Bay
List Price
$360,000
Sold Price
$320,500
Premium/Discount to List
-$39,500
-10.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%

Purchase Details

Closed on
May 18, 2005
Sold by
Graber Donald P
Bought by
Graber Donald P

Purchase Details

Closed on
Feb 18, 2005
Sold by
Brick Edmond Leroy
Bought by
Graber Donald P and Hibbs Carolyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1999
Sold by
Brick Edmond L and Brick Margaret M
Bought by
Brick Edmond Leroy and Brick Margaret Mae
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
Kun Tao Family Trust -- None Listed On Document
Shih Sarrina H $320,500 Fidelity National Title Co
Graber Donald P -- --
Graber Donald P $369,000 Ticor Title Company
Brick Edmond Leroy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graber Donald P $169,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2016 08/04/16 Sold $320,500 0.0% $290 / Sq Ft
08/04/2016 08/04/16 Sold $320,500 -11.0% $290 / Sq Ft View Prior Sale
07/17/2016 07/17/16 Pending -- -- --
07/17/2016 07/17/16 Pending -- -- --
06/01/2016 06/01/16 Price Changed $359,990 0.0% $325 / Sq Ft
03/14/2016 03/14/16 For Sale $360,000 0.0% $325 / Sq Ft
03/12/2016 03/12/16 For Sale $360,000 -- $325 / 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 $4,198 $371,969 $130,189 $241,780
2024 $4,065 $364,675 $127,636 $237,039
2023 $4,003 $357,524 $125,133 $232,391
2022 $3,917 $350,513 $122,679 $227,834
2021 $3,911 $343,641 $120,274 $223,367
2020 $3,805 $340,118 $119,041 $221,077
2019 $3,793 $333,449 $116,707 $216,742
2018 $3,701 $326,911 $114,419 $212,492
2017 $3,595 $320,500 $112,175 $208,325
2016 $2,633 $243,510 $86,582 $156,928
2015 $2,573 $239,852 $85,281 $154,571
2014 $2,507 $235,153 $83,610 $151,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16077821

California Regional Multiple Listing Service (CRMLS)

APN: 1046-294-29