NOT LISTED FOR SALE

640 S Olive Ave Rialto, CA 92376

Rialto Area
6 Beds
5 Baths
3,106 Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: May 10, 2017

Last sale price $450,000 $145 Per Sq Ft

18 Days on Market

About This Home

As of May 2017

Triplex... 3 bed 2 bath... 2 bed 2 bath... 1 bed 1 bath... AC and Swamp Cooler. New Windows. Some updates have been done. Close to shopping centers. Great investment opportunity.

Last Agent to Sell the Property

Bryan Ibarra

CENTURY 21 MASTERS License #01895514 Listed on: 04/01/2017

CENTURY 21 MASTERS

Last Buyer's Agent

Jonathan Wang

NextHome Pacific Estates License #01993958

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 11,900 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 3,106 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 7337
  • Assessor Parcel Number 0131174040000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $900
  • Trash Expense $1,320
  • Water Sewer Expense $3,000
  • New Taxes Expense $5,600
  • Operating Expense $21,600
  • Gross Income $44,400
  • Net Operating Income $22,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.27 Acres

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 0131174040000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 144.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1320.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11900.00

Multi Family

  • Gross Income: 44400.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 900.00
  • Net Operating Income: 22400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 21600.00
  • Rent Control: No
  • Total Expenses: 21600.00

Tax Info

  • New Taxes Expense: 5600.00
  • Tax Census Tract: 36.07
  • Tax Lot: 16
  • Tax Tract Number: 7337

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
Feb 14, 2019
Sold by
Jean Lucy
Bought by

Purchase Details

Listed on
Apr 1, 2017
Closed on
Apr 21, 2017
Sold by
Kroll Ervin and Kroll Kathryn J
Bought by
Jean Lucy and Wang Nina
Seller's Agent
Bryan Ibarra
CENTURY 21 MASTERS
Buyer's Agent
Jonathan Wang
NextHome Pacific Estates
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$185,905
Interest Rate
4.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 7, 2007
Sold by
Kroll Ervin and Kroll Kathryn Jeanne
Bought by
Kroll Ervin and Kroll Kathryn J

Purchase Details

Closed on
Nov 3, 2003
Sold by
Kroll Ervin and Kroll Kathryn Jeanne
Bought by
Kroll Ervin and Kroll Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Rialto, CA

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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
-- Accommodation
Jean Lucy $450,000 First American Title Company
Kroll Ervin -- None Available
Kroll Ervin -- Commonwealth
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
Open $230,000
Previous Owner Kroll Ervin $165,250
Previous Owner Kroll Ervin $156,000
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
05/10/2017 05/10/17 Sold $450,000 0.0% $145 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $450,000 -- $145 / 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
2026 $6,520 $532,709 $118,379 $414,330
2025 $6,520 $522,264 $116,058 $406,206
2024 $6,290 $512,023 $113,782 $398,241
2023 $6,710 $501,983 $111,551 $390,432
2022 $6,230 $492,140 $109,364 $382,776
2021 $6,190 $482,491 $107,220 $375,271
2020 $6,231 $477,544 $106,121 $371,423
2019 $6,089 $468,180 $104,040 $364,140
2018 $5,911 $459,000 $102,000 $357,000
2017 $2,817 $212,851 $42,055 $170,796
2016 $2,786 $208,677 $41,230 $167,447
2015 $2,798 $205,543 $40,611 $164,932
2014 $2,634 $201,516 $39,815 $161,701
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17068063

California Regional Multiple Listing Service (CRMLS)

APN: 0131-174-04

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