NOT LISTED FOR SALE

674 Palm Ave Beaumont, CA 92223

Estimated Value: $337,000 - $463,000

2 Beds
1 Bath
768 Sq Ft
$502/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $480,000 $625 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,301/month

10 Days on Market

Highlights

  • Private Yard
  • No Heating
  • 1-Story Property
  • Laundry Room

About This Home

As of August 2020

4 Units in total being sold together (686 Palm Ave Beaumont, Ca listing id #OC20121077) in the city of Beaumont. All units currently rented with long term tenants. Great location, near freeway, school, and restaurants. PLEASE DO NOT DISTURB CURRENT TENANTS.

Last Agent to Sell the Property

Faris Nesheiwat

VIP Premier Realty Corp License #01213703 Listed on: 06/22/2020

VIP Premier Realty Corp

Last Buyer's Agent

Jesus Martinez

Coldwell Banker Assoc Brokers License #01719275

Coldwell Banker Assoc Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls
  • Private Yard

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • No Heating

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 4 / 89
  • Assessor Parcel Number 418052002

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Zoning: P
  • Property Type: Residential Income
  • Parcel Number: 418052002
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 625.00

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Block: 89
  • Tax Census Tract: 440.00
  • Tax Lot: 4
  • Tax Tract Number: C011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 26, 2020
Sold by
Alarcon Katy V
Bought by
Meza Jose R
Seller's Agent
Faris Nesheiwat
VIP Premier Realty Corp
Buyer's Agent
Jesus Martinez
Coldwell Banker Assoc Brokers
List Price
$519,900
Sold Price
$480,000
Premium/Discount to List
-$39,900
-7.67%
Current Estimated Value
$396,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,119
Avg. Annual Appreciation
-3.89%
Original Mortgage
$360,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 14, 2020
Sold by
Lu Menh Song and Lu Ya Hua
Bought by
Meza Jose R
Seller's Agent
Faris Nesheiwat
VIP Premier Realty Corp
Buyer's Agent
Jesus Martinez
Coldwell Banker Assoc Brokers
List Price
$519,900
Sold Price
$480,000
Premium/Discount to List
-$39,900
-7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2016
Sold by
Lu Ya Hua and Lu Ya H
Bought by
Lu Family Trust

Purchase Details

Closed on
Jan 13, 2013
Sold by
Lu Menh Song
Bought by
Lu Ya H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.31%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Meza Jose R -- Ticor Ttl Orange Cnty Branch
Meza Jose R $480,000 Ticor Ttl Orange Cnty Branch
Lu Family Trust -- None Available
Lu Ya H -- First American Title Company
Lu Ya H $190,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meza Jose R $360,000
Previous Owner Lu Ya H $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $480,000 -7.7% $625 / Sq Ft
06/22/2020 06/22/20 For Sale $519,900 -- $677 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,092 $238,133 $43,296 $194,837
2023 $3,092 $228,888 $41,616 $187,272
2022 $3,045 $224,400 $40,800 $183,600
2021 $3,090 $220,000 $40,000 $180,000
2020 $1,109 $78,808 $22,513 $56,295
2019 $1,092 $77,264 $22,072 $55,192
2018 $1,087 $75,750 $21,641 $54,109
2017 $1,069 $74,266 $21,217 $53,049
2016 $1,041 $72,810 $20,801 $52,009
2015 $1,024 $71,719 $20,490 $51,229
2014 $1,024 $70,317 $20,090 $50,227
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20120560

California Regional Multiple Listing Service (CRMLS)

APN: 418-052-002

Your Personal Tour Guide

Ask me questions while you tour the home.