NOT LISTED FOR SALE

608 E G St Colton, CA 92324

Estimated Value: $764,000 - $838,000

4 Beds
4 Baths
2,500 Sq Ft
$326/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $500,000 $200 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,873/month

28 Days on Market

Highlights

  • All Bedrooms Downstairs
  • High Ceiling
  • Double Pane Windows
  • 0.87 Acre Lot
  • No HOA
  • 4-minute walk to Cesar Chavez Park

About This Home

As of March 2020

Newly remodeled quadruplex. All units rented. Gross rents 4,050/m. Property features 2/1 1/1 1/1 , and studio. New double pane energy efficient windows, new exterior, and interior paint,new tile, and laminate flooring in all units. new cabinets, and quartz countertops. Fully remodeled bathrooms, updated plumbing, and electrical. Low maintenance. Tenant pays electrical, and gas. Owner pays water, and trash. Close to 210, 10, and 215 freeways.Close to local schools, mall, and major restaurants. PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY.

Last Agent to Sell the Property

Tiffany Schaldach

Realty Rx License #01796722 Listed on: 01/27/2020

Last Buyer's Agent

Scot Hamm

Elevate Real Estate Agency License #02031808

Elevate Real Estate Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,514

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 0.87 Acre Lot
  • No Common Walls
  • Chain Link Fence

Home Design

  • Quadruplex
  • Turnkey
  • Stone Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Panel Doors
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 15
  • Tax Tract Number 7000
  • Assessor Parcel Number 0162202010000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 1 Separate Electric Meter
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $120
  • Insurance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $600
  • Operating Expense $2,820
  • Gross Income $48,600
  • Net Operating Income $45,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,514

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • Water Sewer Expenses: 600.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 120.00
  • Parcel Number: 0162202010000
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Door Features: Panel Doors
  • Levels: Two
  • Price Per Square Foot: 200.00
  • Room Type: All Bedrooms Down, All Bedrooms Up, Kitchen, Living Room
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Foundation: Stone
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Construction Materials: Drywall Walls, Frame, Glass, Wood Siding

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 37875.00
  • Lot Size Acres: 0.8695

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Average Studio Area: 600 Square Feet
  • Gross Income: 48600.00
  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 37875.0000 Square Feet
  • Net Operating Income: 45780.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Range: 4
  • Operating Expense: 2820.00
  • Rent Control: No
  • Total Actual Rent: 4050.00
  • Total Expenses: 2820.00

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 007000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Mar 25, 2020
Sold by
Thompson Timi
Bought by
Thompson Dean
Seller's Agent
Tiffany Schaldach
Realty Rx
Buyer's Agent
Scot Hamm
Elevate Real Estate Agency
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Total Days on Market
28
Current Estimated Value
$815,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,849
Avg. Annual Appreciation
9.93%

Purchase Details

Listed on
Jan 27, 2020
Closed on
Mar 4, 2020
Sold by
Precision Blue Inc
Bought by
Thompson Dean
Seller's Agent
Tiffany Schaldach
Realty Rx
Buyer's Agent
Scot Hamm
Elevate Real Estate Agency
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%

Purchase Details

Closed on
Nov 15, 2019
Sold by
3D Remodeling Inc
Bought by
Precision Blue Inc

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 14, 2019
Sold by
Sbr Empire Llc
Bought by
3D Remodeling Inc
Seller's Agent
Mitchell Weisberg
KELLER WILLIAMS REALTY
Buyer's Agent
Braulio Vasquez
FTRE CA Inc.
List Price
$320,000
Sold Price
$303,000
Premium/Discount to List
-$17,000
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.98%
Original Mortgage
$297,580
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 7, 2019
Sold by
Medrano Virginia
Bought by
Sbr Empire Llc
Seller's Agent
Mitchell Weisberg
KELLER WILLIAMS REALTY
Buyer's Agent
Braulio Vasquez
FTRE CA Inc.
List Price
$320,000
Sold Price
$303,000
Premium/Discount to List
-$17,000
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,580
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2017
Sold by
Medrano Virginia and Medrano Noel Viola
Bought by
Medrano Virginia and Medrano Noel Viola
Source: Public Records

Range of Values:

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Average Value
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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
Thompson Dean -- Fidelity National Title Ie
Thompson Dean $500,000 Fidelity National Title Co
Precision Blue Inc -- Title Company
3D Remodeling Inc $316,500 Lawyers Title Insurance Co
Sbr Empire Llc $303,000 Lawyers Title
Medrano Virginia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3D Remodeling Inc $297,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $500,000 +5.3% $200 / Sq Ft
03/22/2020 03/22/20 For Sale $475,000 0.0% $190 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $475,000 +56.8% $190 / Sq Ft
06/04/2019 06/04/19 Sold $303,000 -5.3% $121 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $320,000 -- $128 / 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
2024 $6,514 $536,101 $107,220 $428,881
2023 $6,532 $525,590 $105,118 $420,472
2022 $6,585 $515,284 $103,057 $412,227
2021 $6,717 $505,180 $101,036 $404,144
2020 $4,341 $316,500 $90,000 $226,500
2019 $490 $22,878 $7,497 $15,381
2018 $485 $22,429 $7,350 $15,079
2017 $475 $21,989 $7,206 $14,783
2016 $482 $21,558 $7,065 $14,493
2015 $473 $21,234 $6,959 $14,275
2014 $463 $20,818 $6,823 $13,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20027698

California Regional Multiple Listing Service (CRMLS)

APN: 0162-202-01