NOT LISTED FOR SALE

647 W F St Colton, CA 92324

Estimated Value: $778,000 - $987,000

9 Beds
4 Baths
3,826 Sq Ft
$231/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $480,000 $125 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,244/month

27 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Living Room
  • Tile Flooring

About This Home

As of June 2017

This is a nice family oriented apartment complex across the street from Colton High School. The mix of the units is 3 two bedrooms and 1 three bedroom unit. There is a laundry room for the complex and 4 one car garages in the alley. It is a unique property in that it faces a twin complex with a shared walkway. Each complex has it's own APN so your borrower can use standard FNMA or FHA residential income loans. If you client is interested in the second set of units, see listing id #CV17057580.

Last Agent to Sell the Property

JOHN CHAPPELL

Lucious Domio, Broker License #00585491 Listed on: 03/21/2017

Last Buyer's Agent

Jay Arora

Century Commercial RE Services License #00608313

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,635

Year Built

  • Built in 1963

Lot Details

  • 8,400 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment

Interior Spaces

  • 3,826 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Gas Cooktop
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 23 / 59
  • Assessor Parcel Number 0162013280000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $1,044
  • Insurance Expense $857
  • Professional Management Expense $3,300
  • Trash Expense $200
  • Water Sewer Expense $200
  • New Taxes Expense $5,863
  • Operating Expense $11,464
  • Gross Income $3,860
  • Net Operating Income $43,367

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,635

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3300.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 200.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0162013280000
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 125.46
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped
  • Lot Size Sq Ft: 8400.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 1044.00
  • Gross Income: 3860.00
  • Gross Scheduled Income: 46320.00
  • Insurance Expense: 857.00
  • Net Operating Income: 43367.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Range: 4
  • Operating Expense: 2953.00
  • Rent Control: No
  • Total Actual Rent: 3860.00
  • Total Expenses: 11464.00

Tax Info

  • New Taxes Expense: 5863.00
  • Tax Block: 59
  • Tax Census Tract: 66.01
  • Tax Lot: 23
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
Apr 27, 2017
Sold by
Adurs Investments Llc
Bought by
Italia Kamlesh and Italia Komal
Seller's Agent
JOHN CHAPPELL
Lucious Domio, Broker
Buyer's Agent
Jay Arora
Century Commercial RE Services
List Price
$469,000
Sold Price
$480,000
Premium/Discount to List
$11,000
2.35%
Total Days on Market
27
Current Estimated Value
$884,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,039
Avg. Annual Appreciation
8.54%
Original Mortgage
$318,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2010
Sold by
Smith Richard C
Bought by
Adurs Investments Llc

Purchase Details

Closed on
May 21, 2009
Sold by
Tilley Joseph C and Tilley R A
Bought by
Smith Richard C

Purchase Details

Closed on
Jul 28, 2008
Sold by
Tilley Joseph C and Tilley Alma R
Bought by
Tilley Joseph C and Tilley R A

Purchase Details

Closed on
Sep 29, 2004
Sold by
Hanada Allison
Bought by
Tilley Joseph C and Tilley Alma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2002
Sold by
Rapid Investments Llp
Bought by
Walker Mark and Walker Shannon Chon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
7.25%

Purchase Details

Closed on
Aug 17, 1999
Sold by
Gampel Polya and Gampel Michael
Bought by
Rapid Investments Llp

Purchase Details

Closed on
Apr 13, 1999
Sold by
Rusk Virginia L
Bought by
Gampel Polya and Gampel Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.9%

Purchase Details

Closed on
Sep 30, 1993
Sold by
Rusk Donald M and Rusk Virginia L
Bought by
Rusk Donald M and Rusk Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.94%
Source: Public Records

Similar Home in Colton, CA

  • 412 W C St, Colton, CA 92324

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    • 4 Baths
    • 2,358 Sq Ft
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    This exceptional multi-unit triplex property offers incredible investment potential with four rentable units: One- a spacious 3-bedroom, 1.5-bath main home with a charming front porch, and Unit #2 - a cozy 2-bedroom one bath with a private balcony, and Unit #3- features a 1-bedroom layout, living area, kitchenette, and bath. Lastly, unit #4 -there is a one-bedroom studio above unit #3.

    Debbie Bledsoe CENTURY 21 PRIMETIME REALTORS

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Range of Values:

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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
Italia Kamlesh $480,000 Fidelity National Title
Adurs Investments Llc -- None Available
Smith Richard C $250,000 Nations Title Company
Tilley Joseph C -- None Available
Tilley Joseph C $425,500 Chicago Title Company
Hanada Allison -- Chicago Title Company
Walker Mark $250,000 Commonwealth Title
Rapid Investments Llp -- --
Gampel Polya $153,000 Chicago Title Co
Rusk Donald M -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Italia Kamlesh $595,000
Previous Owner Italia Kamlesh $318,500
Previous Owner Tilley Joseph C $460,000
Previous Owner Tilley Joseph C $340,000
Previous Owner Walker Mark $212,500
Previous Owner Gampel Polya $119,200
Previous Owner Rusk Donald M $128,000
Closed Gampel Polya $14,900
Closed Tilley Joseph C $42,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $480,000 0.0% $125 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
04/17/2017 04/17/17 Off Market $480,000 -- --
03/21/2017 03/21/17 For Sale $469,000 -- $123 / 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 $6,635 $546,158 $102,405 $443,753
2023 $6,654 $535,449 $100,397 $435,052
2022 $6,559 $524,950 $98,428 $426,522
2021 $6,694 $514,657 $96,498 $418,159
2020 $6,723 $509,380 $95,509 $413,871
2019 $6,540 $499,392 $93,636 $405,756
2018 $6,435 $489,600 $91,800 $397,800
2017 $3,590 $275,976 $71,754 $204,222
2016 $3,680 $270,565 $70,347 $200,218
2015 $3,564 $266,501 $69,290 $197,211
2014 $3,441 $261,281 $67,933 $193,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17058333

California Regional Multiple Listing Service (CRMLS)

APN: 0162-013-28