NOT LISTED FOR SALE

601 E Rice St Blythe, CA 92225

Blythe Area
5 Beds
5 Baths
3,000 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: July 16, 2020

Last sale price $195,000 $65 Per Sq Ft

11 Days on Market

About This Home

As of July 2020

Great income producing property! great location close to Albertsons, Rite Aid, and Smart n final. All units have a one car garage. Every unit has washer and dryer hookups in the unit.

Last Agent to Sell the Property

Jonathan Smith

Blythe Realty License #01940912 Listed on: 04/29/2020

Blythe Realty

Last Buyer's Agent

Jonathan Smith

Blythe Realty License #01940912 Listed on: 04/29/2020

Blythe Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Private Yard

Parking

  • 5 Open Parking Spaces
  • 5 Car Garage

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 14 / 5
  • Tax Tract Number 1
  • Assessor Parcel Number 848083010

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Trash Expense $1,200
  • Water Sewer Expense $2,000
  • New Taxes Expense $2,300
  • Operating Expense $7,900
  • Gross Income $25,200
  • Net Operating Income $17,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

6,970 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Zoning: R3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 848083010
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Price Per Square Foot: 65.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 25200.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 17300.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 7900.00
  • Rent Control: No
  • Total Expenses: 7900.00

Tax Info

  • New Taxes Expense: 2300.00
  • Tax Block: 5
  • Tax Census Tract: 462.00
  • Tax Lot: 14
  • Tax Tract Number: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 First Amer Ttl Co Res Div
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold $195,000 -2.5% $65 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $200,000 -- $67 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,374 $211,072 $43,296 $167,776
2023 $2,374 $202,878 $41,616 $161,262
2022 $2,282 $198,900 $40,800 $158,100
2021 $2,224 $195,000 $40,000 $155,000
2020 $1,055 $88,656 $12,637 $76,019
2019 $1,046 $86,919 $12,390 $74,529
2018 $983 $85,216 $12,148 $73,068
2017 $964 $83,546 $11,910 $71,636
2016 $956 $81,909 $11,677 $70,232
2015 $947 $80,680 $11,502 $69,178
2014 $914 $79,102 $11,278 $67,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20080551

California Regional Multiple Listing Service (CRMLS)

APN: 848-083-010

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