NOT LISTED FOR SALE

684 N 6th St Blythe, CA 92225

Estimated Value: $370,708 - $661,000

11 Beds
9 Baths
4,000 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $310,000 $78 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,883/month

55 Days on Market

Highlights

  • Lawn
  • No HOA
  • Laundry Room

About This Home

As of April 2020

Great investment opportunity. You have the chance to buy an asset that produces continuous cash flow. you'll get 4 total units.. Two 2 bedroom units, One 3 bedroom unit and then another 3 bedroom unit with an additional room that you can use as a 4th bedroom or as a second living room. Every unit comes with it's own private garage! All units are on their own separate gas and electric meter. On-site laundry room for all tenants to use. This property also comes with another lot with a poured foundation for you to be able to build another set of units! Plans were previously approved by the city, and ready to be resubmitted and built on!

Last Agent to Sell the Property

Jonathan Smith

RE/MAX Blythe Realty License #01940912 Listed on: 01/15/2020

RE/MAX Blythe Realty

Last Buyer's Agent

Jonathan Smith

RE/MAX Blythe Realty License #01940912 Listed on: 01/15/2020

RE/MAX Blythe Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,533

Year Built

  • Built in 1994

Lot Details

  • 0.31 Acre Lot
  • Two or More Common Walls
  • Lawn

Parking

  • 5 Open Parking Spaces
  • 5 Car Garage

Home Design

  • 4,000 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 46103
  • Assessor Parcel Number 842113036

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Insurance Expense $2,160
  • Professional Management Expense $4,560
  • Trash Expense $1,855
  • Water Sewer Expense $1,440
  • New Taxes Expense $3,960
  • Operating Expense $9,055
  • Gross Income $46,200
  • Net Operating Income $37,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,533

Year Built

Built in 1994

Lot Details

0

Parking

5

Listing Details

  • Professional Management Expense: 4560.00
  • Property Attached: Yes
  • Subdivision Name Other: The Chanslor Place (37401)
  • Water Sewer Expenses: 1440.00
  • Zoning: R2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 842113036
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 77.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1855.20
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 46200.00
  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 2160.00
  • Lot Size Area: 13504.0000 Square Feet
  • Net Operating Income: 37949.76
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 8250.24
  • Rent Control: No
  • Total Actual Rent: 3825.00
  • Total Expenses: 9055.20

Tax Info

  • New Taxes Expense: 3960.00
  • Tax Census Tract: 461.03
  • Tax Lot: 2
  • Tax Tract Number: 046103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Mar 12, 2020
Sold by
Denya Llc
Bought by
Landeros Francisco and Landeros Rosa
Seller's Agent
Jonathan Smith
RE/MAX Blythe Realty
Buyer's Agent
Jonathan Smith
RE/MAX Blythe Realty
List Price
$340,000
Sold Price
$310,000
Premium/Discount to List
-$30,000
-8.82%
Current Estimated Value
$491,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,677
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Jan 12, 2016
Sold by
Stojic Danny and Stojic Olga
Bought by
Denya Llc

Purchase Details

Closed on
Jun 10, 1997
Sold by
Oleco Enterprises Inc
Bought by
Stojic Danny and Stojic Olga
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
Landeros Francisco $290,000 Chicago Title Company
Denya Llc $190,000 Chicago Title Company
Stojic Danny $40,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2020 04/01/20 Sold $310,000 -8.8% $78 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
02/27/2020 02/27/20 Price Changed $340,000 0.0% $85 / Sq Ft
02/27/2020 02/27/20 For Sale $340,000 +9.7% $85 / Sq Ft
02/22/2020 02/22/20 Off Market $310,000 -- --
01/15/2020 01/15/20 For Sale $360,000 +89.5% $90 / Sq Ft
06/01/2016 06/01/16 Sold $190,000 0.0% -- View Prior Sale
05/02/2016 05/02/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $190,000 -- --
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 $3,533 $317,152 $65,616 $251,536
2023 $3,533 $304,838 $63,069 $241,769
2022 $3,394 $298,862 $61,833 $237,029
2021 $3,307 $293,003 $60,621 $232,382
2020 $2,346 $205,660 $43,296 $162,364
2019 $2,327 $201,629 $42,448 $159,181
2018 $2,181 $197,676 $41,616 $156,060
2017 $2,137 $193,800 $40,800 $153,000
2016 $2,676 $242,286 $26,964 $215,322
2015 $2,650 $238,649 $26,560 $212,089
2014 $2,551 $233,977 $26,041 $207,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20008970

California Regional Multiple Listing Service (CRMLS)

APN: 842-113-036