NOT LISTED FOR SALE

650 W E St Colton, CA 92324

Estimated Value: $594,140 - $993,000

4 Beds
4 Baths
1,800 Sq Ft
$388/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $280,000 $156 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $3,985/month

89 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Paved or Partially Paved Lot
  • Property is near public transit

About This Home

As of December 2015

This is the opportunity you were waiting for, Nice Quadruplex live in one rent the others. Good location just off the 10 fwy

Last Agent to Sell the Property

Minerva Franco

COLDWELL BANKER LEADERS License #01034721 Listed on: 07/18/2015

COLDWELL BANKER LEADERS

Last Buyer's Agent

Oscar Olivares

Century 21 Masters License #00958496

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.26 Acre Lot
  • No Units Above
  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 1,800 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Property is near public transit
  • Suburban Location

Additional Features

  • Rain Gutters
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 66
  • Assessor Parcel Number 0162013380000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,500
  • Trash Expense $1,068
  • Water Sewer Expense $1,100
  • Gross Income $2,700
  • Net Operating Income $26,832

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1100.00
  • Property Type: Residential Income
  • Parcel Number: 0162013380000
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above
  • Levels: One
  • Price Per Square Foot: 155.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sewer: Sewer Paid
  • Trash Expense: 1068.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre, Level, Lot 6500-9999, Level with Street, Paved, Near Public Transit
  • Lot Size Sq Ft: 11250.00
  • Price Per Lot Square Foot: 24.89
  • Lot Size Acres: 0.2580

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 11250.0000 Square Feet
  • Net Operating Income: 26832.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 5568.00
  • Rent Control: No
  • Total Actual Rent: 2580.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 0066.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2015
Closed on
Nov 6, 2015
Sold by
Ortega Maria
Bought by
Valles Rafael
Seller's Agent
Minerva Franco
COLDWELL BANKER LEADERS
Buyer's Agent
Oscar Olivares
Century 21 Masters
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%
Current Estimated Value
$697,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,535
Avg. Annual Appreciation
9.49%
Original Mortgage
$202,500
Outstanding Balance
$158,842
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$538,693

Purchase Details

Closed on
Jun 26, 2015
Sold by
Ortega Jose A
Bought by
Ortega Maria

Purchase Details

Closed on
Mar 23, 2005
Sold by
Ortega Jose and Ortega Maria
Bought by
Ortega Jose A and Ortega Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1997
Sold by
Ernesto Vazquez and Roman Vazquez Roman
Bought by
Ortega Jose and Mendoza Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,484
Interest Rate
7.86%
Mortgage Type
FHA
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
Valles Rafael $285,000 Chicago Title
Ortega Maria -- Chicago Title Co
Ortega Jose A -- Ticor Title Co
Ortega Jose $120,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valles Rafael $202,500
Previous Owner Ortega Jose A $252,000
Previous Owner Ortega Jose $119,484
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2015 12/11/15 Sold $280,000 -13.8% $156 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
07/18/2015 07/18/15 For Sale $325,000 -- $181 / 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 $4,050 $337,383 $67,477 $269,906
2024 $4,050 $330,768 $66,154 $264,614
2023 $4,061 $324,282 $64,857 $259,425
2022 $4,004 $317,923 $63,585 $254,338
2021 $4,085 $311,689 $62,338 $249,351
2020 $4,103 $308,493 $61,699 $246,794
2019 $3,993 $302,444 $60,489 $241,955
2018 $3,929 $296,514 $59,303 $237,211
2017 $3,792 $290,700 $58,140 $232,560
2016 $3,887 $285,000 $57,000 $228,000
2015 $2,206 $162,615 $27,102 $135,513
2014 $2,131 $159,429 $26,571 $132,858
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Minerva Franco

    COLDWELL BANKER LEADERS

    Section Image

  • O

    Buyer's Agent in 2015

    Oscar Olivares

    Century 21 Masters

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15159909

California Regional Multiple Listing Service (CRMLS)

APN: 0162-013-38

California San Bernardino County Colton 92324

650 W E St, Colton, CA

Not Listed for Sale

MultiFamily

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