NOT LISTED FOR SALE

667 N 1st Ave Upland, CA 91786

Estimated Value: $668,000 - $1,069,000

4 Beds
3 Baths
2,299 Sq Ft
$383/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $512,000 $223 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,451/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Upland High School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of November 2015

Perfect Triplex in the beautiful city of Upland for the investor or any 1st time homebuyer. This triplex has a 2 bedroom and 1.5 baths in the front unit. The two back units are 1 bedroom and 1 bath each. These units are in good condition, except for in need of some updating.

Last Listed By

MODESTO RODRIGUEZ

First Team Real Estate License #01793806 Listed on: 09/09/2015

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,505

Year Built

  • Built in 1950

Lot Details

  • 7,000 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • East Facing Home
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Traditional Architecture
  • Property Attached
  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,299 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3
  • Tax Tract Number 9
  • Assessor Parcel Number 1046261070000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,000
  • Trash Expense $252
  • Water Sewer Expense $1,800
  • New Taxes Expense $2,730
  • Gross Income $2,700
  • Net Operating Income $30,348

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,505

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Maintained
  • View: No
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 1046261070000
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Tile, Vinyl, Wood
  • Levels: One
  • Price Per Square Foot: 222.71

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 252.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7000.00
  • Price Per Lot Square Foot: 73.14
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 30348.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 2052.00
  • Rent Control: No
  • Total Actual Rent: 2700.00

Tax Info

  • New Taxes Expense: 2730.00
  • Tax Lot: 3
  • Tax Tract Number: 0009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Nov 17, 2015
Sold by
Zavala Guadalupe
Bought by
Cai Charles Yiwei
Seller's Agent
MODESTO RODRIGUEZ
First Team Real Estate
Buyer's Agent
Angela Plank
Elite Realty Group
List Price
$499,999
Sold Price
$512,000
Premium/Discount to List
$12,001
2.4%
Total Days on Market
17
Current Estimated Value
$881,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,231
Avg. Annual Appreciation
6.29%
Original Mortgage
$384,000
Outstanding Balance
$307,008
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$607,546

Purchase Details

Listed on
Sep 9, 2015
Closed on
Oct 25, 2015
Sold by
Liu Xin
Bought by
Cai Charles Yiwei
Seller's Agent
MODESTO RODRIGUEZ
First Team Real Estate
Buyer's Agent
Angela Plank
Elite Realty Group
List Price
$499,999
Sold Price
$512,000
Premium/Discount to List
$12,001
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Outstanding Balance
$307,008
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$607,546

Purchase Details

Closed on
Sep 7, 2011
Sold by
Favela Ricardo M
Bought by
Zavala Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,662
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2002
Sold by
Anderson John M
Bought by
Anderson John M and Anderson Joy M

Purchase Details

Closed on
Jun 14, 1996
Sold by
Davis William E
Bought by
Favela Ricardo M and Favela Francella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,950
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 1995
Sold by
Davis Aloma L
Bought by
Davis William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
8.51%

Range of Values:

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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
Cai Charles Yiwei $512,000 Western Resources Title
Cai Charles Yiwei -- Western Resources Title Co
Zavala Guadalupe $250,000 None Available
Anderson John M -- United Title Company
Favela Ricardo M $169,000 Stewart Title
Davis William E -- Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Charles Yiwei $384,000
Previous Owner Zavala Guadalupe $243,662
Previous Owner Favela Ricardo M $400,000
Previous Owner Favela Ricardo M $280,000
Previous Owner Favela Ricardo M $199,500
Previous Owner Favela Ricardo M $172,674
Previous Owner Favela Ricardo M $164,950
Previous Owner Davis William E $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $512,000 +2.4% $223 / Sq Ft
09/26/2015 09/26/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $499,999 -- $217 / 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 $6,505 $594,220 $207,978 $386,242
2023 $6,408 $582,569 $203,900 $378,669
2022 $6,270 $571,146 $199,902 $371,244
2021 $6,264 $559,947 $195,982 $363,965
2020 $6,094 $554,205 $193,972 $360,233
2019 $6,074 $543,339 $190,169 $353,170
2018 $5,925 $532,685 $186,440 $346,245
2017 $5,755 $522,240 $182,784 $339,456
2016 $2,867 $265,259 $84,883 $180,376
2015 $2,802 $261,275 $83,608 $177,667
2014 $2,730 $256,157 $81,970 $174,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15199596

California Regional Multiple Listing Service (CRMLS)

APN: 1046-261-07