NOT LISTED FOR SALE

611 E C St Colton, CA 92324

Estimated Value: $519,000 - $782,000

4 Beds
2 Baths
1,808 Sq Ft
$355/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $585,000 $324 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,204/month

138 Days on Market

Highlights

  • RV Access or Parking
  • 0.46 Acre Lot
  • No HOA
  • All Bedrooms Downstairs
  • Corner Lot
  • 5-minute walk to Central Park

About This Home

As of January 2023

Duplex with Commercial Development Potential! This great 19,900 sq.ft. corner property consists of 2 units on 3 commercial lots.

This property is now zoned light commercial / mixed-use. Currently a duplex per prior zoning rules and fully occupied, so you can earn rental income until you are ready to break ground and build!

Unit One is 3 bedroom / 1 bath; Unit Two is 1 bedroom / 1 bath with upgraded kitchen. Central air conditioning and heating in both units. Large spacious green play area in the front of the units. There is plenty of parking for several cars including RV parking.

This property is located near the commercial district of the city of Colton.

Last Listed By

Sabina Kelly

Sabina Kelly, Broker License #01755880 Listed on: 05/05/2022

Sabina Kelly, Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,301

Year Built

  • Built in 1921

Lot Details

  • 0.46 Acre Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Front Yard

Home Design

  • Property Attached
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,808 Sq Ft Home
  • Double Pane Windows
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Parking Available
  • Driveway
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1-3
  • Assessor Parcel Number 0161255150000
  • $2,999 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $250
  • Water Sewer Expense $300
  • Operating Expense $1,550
  • Net Operating Income $31,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,301

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 305000
  • Property Attached: Yes
  • Subdivision Name Other: Maloney
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Parcel Number: 0161255150000
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 323.56
  • Room Type: All Bedrooms Down, Kitchen
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Oversized, RV Access/Parking, Uncovered
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central, Fireplace(s), Forced Air
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Level with Street
  • Lot Size Sq Ft: 19900.00
  • Lot Size Acres: 0.4568

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 19900.0000 Square Feet
  • Net Operating Income: 31400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 7600.00
  • Rent Control: No
  • Total Actual Rent: 1700.00
  • Total Expenses: 1550.00

Tax Info

  • Tax Census Tract: 70.02
  • Tax Lot: 1-3
  • TaxOtherAnnualAssessmentAmount: 2999.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jan 10, 2023
Sold by
Ceja Eunice
Bought by
Ceja Jose
Seller's Agent
Sabina Kelly
Sabina Kelly, Broker
Buyer's Agent
Susana Del Hierro
eXp Realty of Southern Calif
List Price
$799,000
Sold Price
$585,000
Premium/Discount to List
-$214,000
-26.78%
Total Days on Market
138
Views
52
Current Estimated Value
$642,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,447
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Sep 29, 2022
Sold by
Loera Abel
Bought by
Ceja Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2021
Closed on
Dec 21, 2021
Sold by
Los Agaves Properties Llc
Bought by
Loera Abel
Seller's Agent
Manuel Garcia
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Sabina Kelly
Sabina Kelly, Broker
List Price
$560,000
Sold Price
$499,000
Premium/Discount to List
-$61,000
-10.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$374,250
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2015
Sold by
Espinoza Victor
Bought by
Los Agaves Properties Llc

Purchase Details

Closed on
Sep 10, 2003
Sold by
Hazelton Charles B
Bought by
Espinoza Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,750
Interest Rate
6.27%
Mortgage Type
Seller Take Back

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
Ceja Jose -- Lawyers Title
Ceja Jose $585,000 Lawyers Title
Loera Abel $499,000 Chicago Title Company
Los Agaves Properties Llc -- None Available
Espinoza Victor $182,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ceja Jose $438,750
Previous Owner Loera Abel $374,250
Previous Owner Los Agaves Properties Llc $345,000
Previous Owner Espinoza Victor $127,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $585,000 -4.1% $324 / Sq Ft
07/29/2022 07/29/22 Price Changed $610,000 -3.9% $337 / Sq Ft
07/08/2022 07/08/22 Price Changed $635,000 -6.5% $351 / Sq Ft
06/02/2022 06/02/22 Price Changed $679,000 -9.3% $376 / Sq Ft
05/12/2022 05/12/22 Price Changed $749,000 -6.3% $414 / Sq Ft
05/05/2022 05/05/22 For Sale $799,000 +60.1% $442 / Sq Ft
12/28/2021 12/28/21 Sold $499,000 -10.9% $276 / Sq Ft
07/18/2021 07/18/21 For Sale $560,000 -- $310 / 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 $7,301 $596,700 $173,400 $423,300
2023 $6,384 $508,980 $96,900 $412,080
2022 $6,294 $499,000 $95,000 $404,000
2021 $2,999 $224,197 $54,682 $169,515
2020 $3,012 $221,898 $54,121 $167,777
2019 $2,932 $217,547 $53,060 $164,487
2018 $2,886 $213,282 $52,020 $161,262
2017 $2,788 $209,100 $51,000 $158,100
2016 $2,856 $205,000 $50,000 $155,000
2015 $2,953 $215,897 $50,277 $165,620
2014 $2,853 $211,668 $49,292 $162,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22092000

California Regional Multiple Listing Service (CRMLS)

APN: 0161-255-15