NOT LISTED FOR SALE

59 W 8th St Upland, CA 91786

Estimated Value: $651,000 - $960,000

7 Beds
6 Baths
2,257 Sq Ft
$327/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $299,000 $132 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,164/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • No Heating
  • Upland High School Rated A-
  • Shed

About This Home

As of December 2012

EXCELLENT OPPORTUNITY FOR INVESTORS! This is a rare 4-Unit property. Unit 1 is 2BR/2BA with a laundry room. Unit 2 is a 2-story unit with 3BR/2BA & a laundry room. Unit 3 is a 1BR/1BA. Unit 4 is a 1BR/1BA. ** Buyer to check with the City of Upland regarding non-permitted construction and improvements. ** Renovations were started, but were NOT completed. All units need carpeting and/or flooring, electrical work, kitchen appliances, water heaters. Unit 1 has no kitchen cabinets, no counters, no sink and no appliances. Unit 1 and Unit 2 had central air and heat, but the HVAC units are missing. Unit 3 and Unit 4 have no air conditioning and the wall furnaces may need to be replaced. Exterior staircase needs to be replaced; other exterior repairs are needed. 4 gas meters, 3 electric meters, 1 water meter. Extensive interior and exterior repairs are needed. Based on the condition of the property, IT WILL *NOT* QUALIFY FOR FINANCING and is being sold 'AS-IS' in its present condition.

Last Agent to Sell the Property

Thomas Todak

Orange Realty, Inc. License #00888883 Listed on: 11/01/2012

Last Buyer's Agent

Carol Ward

REALTY ONE GROUP WEST License #00460702

REALTY ONE GROUP WEST

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,665

Parking

  • 4 Car Garage
  • Two Garage Doors

Home Design

  • Traditional Architecture
  • Unfinished Walls
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,257 Sq Ft Home
  • Double Pane Windows

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • Shed
  • 7,665 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 33 / 632
  • Assessor Parcel Number 1046613200000

Community Details

Overview

  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $3,540

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 1046613200000
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfinished Walls
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 132.48
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Shed(s)
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Parking Features: Concrete, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7665.00
  • Lot Size Acres: 0.1760

Tax Info

  • New Taxes Expense: 3540.00
  • Tax Area: 8003
  • Tax Block: 632
  • Tax Lot: 33

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2012
Closed on
Nov 28, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Vintage Property Investments Llc
Seller's Agent
Thomas Todak
Orange Realty, Inc.
Buyer's Agent
Carol Ward
REALTY ONE GROUP WEST
List Price
$295,000
Sold Price
$299,000
Premium/Discount to List
$4,000
1.36%
Current Estimated Value
$739,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,110
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Nov 2, 2011
Sold by
Lira Frank
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 26, 2011
Sold by
Lira Frank
Bought by
Lira Frank and Lira Cynthia L

Purchase Details

Closed on
Dec 4, 1996
Sold by
Gomez Lorraine
Bought by
Ramirez Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,857
Interest Rate
7.53%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1993
Sold by
Gomez Lorraine
Bought by
City Of Upland
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
Vintage Property Investments Llc $299,000 Lsi Title Company
Deutsche Bank National Trust Company $243,639 Accommodation
Lira Frank -- None Available
Ramirez Raymond $92,000 Chicago Title
City Of Upland -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Raymond $110,857
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2012 12/19/12 Sold $299,000 +1.4% $132 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
11/01/2012 11/01/12 For Sale $295,000 -- $131 / 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 $4,041 $368,197 $116,985 $251,212
2024 $4,041 $360,977 $114,691 $246,286
2023 $3,979 $353,899 $112,442 $241,457
2022 $3,893 $346,960 $110,237 $236,723
2021 $3,887 $340,156 $108,075 $232,081
2020 $3,782 $336,668 $106,967 $229,701
2019 $3,770 $330,067 $104,870 $225,197
2018 $3,679 $323,595 $102,814 $220,781
2017 $3,573 $317,250 $100,798 $216,452
2016 $3,359 $311,030 $98,822 $212,208
2015 $3,283 $306,358 $97,338 $209,020
2014 $3,199 $300,357 $95,431 $204,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P839909

California Regional Multiple Listing Service (CRMLS)

APN: 1046-613-20