NOT LISTED FOR SALE

641 Euclid Ave Beaumont, CA 92223

Estimated Value: $481,000 - $677,000

5 Beds
3 Baths
2,100 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $279,000 $133 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,304/month

30 Days on Market

Highlights

  • Neighborhood Views
  • 3 Car Garage
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2015

Three great rental units,100% occupied, $26,820 annual income!!
Excellent Beaumont location on lovely residential street!
#641 has two bedrooms and rents for $785.
#645 has one bedroom and rents for $650
#647 has two bedrooms and rents for $800
Total rental income: $2,235.
Each unit has it's own garage!
All units have recently been upgraded.
Tenants pay gas and electric.

Last Agent to Sell the Property

Joy Kun

Big Block Realty, Inc License #01964700 Listed on: 10/14/2015

Last Buyer's Agent

DEBORAH WATSON

DEBORAH J WATSON License #01166479

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 2,100 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

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

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 440
  • Assessor Parcel Number 418084023

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $680
  • Trash Expense $890
  • Water Sewer Expense $3,780
  • New Taxes Expense $2,900
  • Gross Income $2,235

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 3780.00
  • Property Type: Residential Income
  • Parcel Number: 418084023
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 132.86

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 890.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Size Sq Ft: 9148.00
  • Price Per Lot Square Foot: 30.50
  • Lot Size Acres: 0.2100

Multi Family

  • Gross Income: 2235.00
  • Gross Scheduled Income: 26820.00
  • Insurance Expense: 680.00
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2900.00
  • Tax Lot: 9
  • Tax Tract Number: 0440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Oct 30, 2015
Sold by
White Star Capital Llc
Bought by
Woo Brandon D and He Limin
Seller's Agent
Joy Kun
Big Block Realty, Inc
Buyer's Agent
DEBORAH WATSON
DEBORAH J WATSON
List Price
$289,000
Sold Price
$279,000
Premium/Discount to List
-$10,000
-3.46%
Current Estimated Value
$567,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,665
Avg. Annual Appreciation
7.28%
Original Mortgage
$209,250
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 18, 2012
Closed on
Jan 7, 2013
Sold by
Federal National Mortgage Association
Bought by
White Star Capital Llc
Seller's Agent
Wes Hankins
Realty Vault
Buyer's Agent
Wendy McGowan
Century 21 Masters
List Price
$161,000
Sold Price
$180,000
Premium/Discount to List
$19,000
11.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.37%

Purchase Details

Closed on
Oct 19, 2012
Sold by
Wise Charles J and Wise Keri M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 11, 2003
Sold by
Elhabet Azza Ebrihim
Bought by
Wise Charles J and Wise Keri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2001
Sold by
Elhafy Abdul
Bought by
Elhabet Azza Ebrihim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.11%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Woo Brandon D $279,000 Ticor Title
White Star Capital Llc $175,000 First American Title Ins Co
Federal National Mortgage Association $142,000 Landsafe Title
Wise Charles J $148,000 First American Title Co
Elhabet Azza Ebrihim -- Gateway Title Company
Elhabet Azza Ebrihim $175,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woo Brandon D $209,250
Previous Owner Wise Charles J $134,100
Previous Owner Elhabet Azza Ebrihim $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2015 12/18/15 Sold $279,000 -3.5% $133 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
10/14/2015 10/14/15 For Sale $289,000 +60.6% $138 / Sq Ft
01/28/2013 01/28/13 Sold $180,000 +11.8% $86 / Sq Ft View Prior Sale
12/27/2012 12/27/12 Pending -- -- --
11/28/2012 11/28/12 For Sale $161,000 -- $77 / 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
2025 $4,267 $330,271 $41,428 $288,843
2023 $4,267 $317,448 $39,820 $277,628
2022 $4,202 $311,225 $39,040 $272,185
2021 $4,122 $305,124 $38,275 $266,849
2020 $4,080 $301,996 $37,883 $264,113
2019 $4,016 $296,076 $37,141 $258,935
2018 $4,001 $290,271 $36,414 $253,857
2017 $3,939 $284,580 $35,700 $248,880
2016 $3,836 $279,000 $35,000 $244,000
2015 $2,481 $179,304 $35,860 $143,444
2014 $2,483 $175,793 $35,158 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15225028

California Regional Multiple Listing Service (CRMLS)

APN: 418-084-023