NOT LISTED FOR SALE

656 N 7th St Colton, CA 92324

Estimated Value: $661,000 - $736,000

4 Beds
2 Baths
2,004 Sq Ft
$352/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $390,000 $195 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,375/month

15 Days on Market

Highlights

  • Laundry Room
  • No Heating
  • 4-minute walk to Fleming Park
  • Carpet

About This Home

As of September 2018

COME AND CHECK OUT THIS UNIQUE OPPORTUNITY TO BUY THIS DUPLEX IN THE BEST AREA OF COLTON. 1ST UNIT IS 2 BEDROOMS ONE BATH. SECOND UNIT IS 3 BEDROOMS ONE AND A HALF BATH.. SITTING ON A 7,500 SQFT LOT. WITH A GUEST HOUSE ON THE BACK THAT COULD BE USE AS AN ADDITIONAL INCOME. THIS PROPERTY WILL NOT LAST..

Last Agent to Sell the Property

Victoria Rodriguez

VIP Real Estate Firm License #00909669 Listed on: 08/01/2018

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,103

Year Built

  • Built in 1952

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 2,004 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 678
  • Tax Tract Number 49
  • Assessor Parcel Number 0162043180000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $650
  • Trash Expense $840
  • Water Sewer Expense $2,400
  • New Taxes Expense $6,000
  • Operating Expense $4,370
  • Gross Income $3,700
  • Net Operating Income $4,370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,103

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 0162043180000
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 194.61

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7500.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3700.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 650.00
  • Net Operating Income: 4370.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 240.00
  • Rent Control: No
  • Total Expenses: 4370.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 125.00
  • Tax Lot: 678
  • Tax Tract Number: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2019
Sold by
Garcia Jimenez Alfonso and Garcia Jimenez Alfonso
Bought by
Rlt Garcia Alfonso Jimenez and Alfonso Jimenez Garcia Rlt
Total Days on Market
15
Current Estimated Value
$705,667

Purchase Details

Listed on
Aug 1, 2018
Closed on
Aug 16, 2018
Sold by
Ruiz Fidel
Bought by
Jimenez Alfonso
Seller's Agent
Victoria Rodriguez
VIP Real Estate Firm
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$585,000
Outstanding Balance
$520,452
Interest Rate
4.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$241,881

Purchase Details

Closed on
May 4, 2018
Sold by
Wallace Un
Bought by
Ruiz Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2009
Sold by
Wallace Gregory Winston Kent
Bought by
Wallace Un

Purchase Details

Closed on
Nov 4, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
G8 Capital Fund Viii Llc

Purchase Details

Closed on
Jan 3, 2008
Sold by
Vialpando Christina
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-5

Purchase Details

Closed on
May 11, 2006
Sold by
Vialpando Christina
Bought by
Vialpando Christina and Vialpando Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 24, 2006
Sold by
Calderon Alberto
Bought by
Vialpando Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 29, 2004
Sold by
Hisland Inc
Bought by
Calderon Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2002
Sold by
Aaron Dana
Bought by
Hisland Inc

Purchase Details

Closed on
May 16, 2002
Sold by
Logan Point Llc
Bought by
Walker Rob D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 23, 2002
Sold by
Dsilva Melanie
Bought by
Aaron Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2001
Sold by
Adkison Cynthia Gean
Bought by
Adkison Marcus Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
6.98%

Purchase Details

Closed on
Mar 22, 2001
Sold by
Page Rebecca Ann and Adkison Marcus Earl
Bought by
Dsilva Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
6.98%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Adkison Ann I and Adkison Ann Iowa
Bought by
Page Rebecca Ann and Adkison Marcus Earl

Purchase Details

Closed on
Apr 15, 1996
Sold by
Adkison Ann Iowa and Adkison Ann I
Bought by
Page Rebecca Ann and Chester Rebecca Ann
Source: Public Records

Similar Home in Colton, CA

  • 412 W C St, Colton, CA 92324

    $739,000

    • 7 Beds
    • 4 Baths
    • 2,358 Sq Ft
    • 412 W C St
    • Colton, CA

    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

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rlt Garcia Alfonso Jimenez -- None Available
Jimenez Alfonso $390,000 Wfg National Title Company
Ruiz Fidel $245,000 First American Title Company
Wallace Un -- Investors Title Company
Wallace Un $119,000 Investors Title Company
G8 Capital Fund Viii Llc -- Investors Title Company
Deutsche Bank National Trust Co $369,608 None Available
Vialpando Christina -- None Available
Vialpando Christina $414,000 Gateway Title
Calderon Alberto $280,000 Commerce Title Company
Hisland Inc $4,279 --
Walker Rob D -- Fidelity National Title
Aaron Dana $117,000 Commerce Title
Adkison Marcus Earl -- Benefit Land Title
Dsilva Melanie $74,000 Benefit Land Title
Dsilva Melanie -- Benefit Land Title
Page Rebecca Ann -- Benefit Land Title
Page Rebecca Ann -- --
Page Rebecca Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Alfonso $585,000
Previous Owner Ruiz Fidel $200,000
Previous Owner Vialpando Christina $82,800
Previous Owner Vialpando Christina $331,200
Previous Owner Calderon Alberto $15,000
Previous Owner Calderon Alberto $224,000
Previous Owner Aaron Dana $35,000
Previous Owner Aaron Dana $23,400
Previous Owner Aaron Dana $93,600
Previous Owner Dsilva Melanie $66,600
Closed Calderon Alberto $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $390,000 -2.5% $195 / Sq Ft
08/01/2018 08/01/18 For Sale $400,000 -- $200 / 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 $5,103 $426,523 $114,833 $311,690
2023 $5,116 $418,159 $112,581 $305,578
2022 $5,042 $409,960 $110,374 $299,586
2021 $5,143 $401,922 $108,210 $293,712
2020 $5,165 $397,800 $107,100 $290,700
2019 $5,023 $390,000 $105,000 $285,000
2018 $1,800 $134,681 $27,162 $107,519
2017 $1,738 $132,040 $26,629 $105,411
2016 $1,781 $129,451 $26,107 $103,344
2015 $1,725 $127,507 $25,715 $101,792
2014 $1,667 $125,009 $25,211 $99,798
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18186189

California Regional Multiple Listing Service (CRMLS)

APN: 0162-043-18