T
Seller's Agent in 2020
Tiffany Schaldach
Realty Rx
(619) 788-6531
19 Total Sales
608 E G St Colton, CA 92324
2
Beds
4
Baths
2,500
Sq Ft
8,247
Sq Ft Lot
Highlights
- Private Yard
- Laundry Room
- 4-minute walk to Cesar Chavez Park
- No HOA
About This Home
As of March 2020Back on Market after falling out of escrow. Huge price reduction for clean offers. 4 UNITS with massive income potential. Better cash flow potential than you find anywhere on market. Priced well below comps. Needs some cleanup and updating to maximize your rental income potential. Buy it right and reap the $$$ benefits. 2 units downstairs are 1 bedroom + living space units (could be 2 bedrooms). 2 units upstairs have 2 rooms and could be 1 bedroom + living space. Tons of potential and useful space. Great location close to 10 and 215 FWY. CASH OFFER ONLY.
Last Agent to Sell the Property
KELLER WILLIAMS REALTY License #01712267 Listed on: 04/22/2019
Co-Listed By
DANIEL MILLER
KELLER WILLIAMS REALTY License #02071920
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,514
Year Built
- Built in 1925
Lot Details
- 8,247 Sq Ft Lot
- Two or More Common Walls
- Private Yard
Home Design
- 2,500 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Suburban Location
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 0162202010000
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 1 Separate Electric Meter
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Insurance Expense $1,000
- Trash Expense $720
- Water Sewer Expense $660
- New Taxes Expense $1
- Operating Expense $3,580
- Gross Income $52,800
- Net Operating Income $49,220
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
8
Current Estimated Value
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Divorce Dissolution Of Marriage Transfer | -- | Fidelity National Title Ie | |
| Grant Deed | $500,000 | Fidelity National Title Co | |
| Grant Deed | -- | Title Company | |
| Grant Deed | $316,500 | Lawyers Title Insurance Co | |
| Grant Deed | $303,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $297,580 | Commercial |
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
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
-
Tiffany Schaldach
-
Scot Hamm
Buyer's Agent in 2020
Scot Hamm
Elevate Real Estate Agency
(909) 921-5323
2 in this area
36 Total Sales
-
Mitchell Weisberg
Seller's Agent in 2019
Mitchell Weisberg
KELLER WILLIAMS REALTY
(909) 289-7325
2 in this area
124 Total Sales
-
Seller Co-Listing Agent in 2019
DANIEL MILLER
KELLER WILLIAMS REALTY
-
Braulio Vasquez
B
Buyer's Agent in 2019
Braulio Vasquez
FTRE CA Inc.
(949) 322-6912
2 in this area
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV19091961
APN: 0162-202-01
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