Seller's Agent in 2016
Erum Balouch
EZ Realty & Property Managemen
(760) 501-4723
55 Total Sales
700 E Main St San Jacinto, CA 92583
Spice Ranch Neighborhood
20
Beds
10
Baths
16,117
Sq Ft
0.37
Acres Lot
Highlights
- 16,117 Sq Ft lot
- Horse Trails
- Garden
- Corner Lot
- Foothills
- 1-minute walk to Mistletoe Park
About This Home
As of November 2016Investors Dream Property: This is a ten unit building. All units are spacious 2bedroom 1bath few with large patios. Onsite Laundry Room, Covered parking, guest parking, gated community, BBQ and Picnic area for the residents. All apartment homes are in a great condition except 1 unit. Very low expenses, low tax area. Minutes to Soboba Springs Country Golf club and Mt. San Jacinto Community College. 7 Miles To Freeway 60 Access , 13 Miles to Freeway 10 Access. 4 Miles to Highway 74. This area is seeing a rapid growth where around the corner DCI Homes have began their construction of 218 Brand New homes since 2015 and the sales and new construction is still growing strong. Palm Springs International Airport is just 45 miles . Walmart super center is only 1.7 miles . City of San Jacinto value was recently discovered by new builders such as DR Horton, Frontier Communities and DCI Homes. Therefore the new homes building is at its peak. There is 86 new apartments site just got approved upon building new apartments this property will only see growth.
Last Agent to Sell the Property
EZ Realty & Property Managemen License #01483447 Listed on: 05/27/2016
Last Buyer's Agent
Robert Quintero
Mark 1 Real Estate, Inc. License #01255238
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1967
Lot Details
- 16,117 Sq Ft Lot
- No Common Walls
- Landscaped
- Corner Lot
- Garden
- Density is up to 1 Unit/Acre
Interior Spaces
- 16,117 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 20 Bedrooms
- 10 Bathrooms
Parking
- 15 Parking Spaces
- 12 Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 16
- Tax Tract Number 436
- Assessor Parcel Number 437142037
Community Details
Overview
- 55 Units
- Foothills
- Valley
Recreation
- Horse Trails
Building Details
- 9 Leased Units
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $480
- Insurance Expense $1,500
- Other Expense $10,000
- Professional Management Expense $5,400
- Trash Expense $3,360
- Water Sewer Expense $6,600
- New Taxes Expense $3,208
- Gross Income $7,880
- Net Operating Income $72,813
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/28/2016 11/28/16 | Sold | $855,000 | -14.4% | $53 / Sq Ft |
| 08/09/2016 08/09/16 | Pending | -- | -- | -- |
| 05/27/2016 05/27/16 | For Sale | $999,000 | -- | $62 / 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 | $11,790 | $992,296 | $179,889 | $812,407 |
| 2023 | $11,790 | $953,765 | $172,904 | $780,861 |
| 2022 | $11,514 | $935,064 | $169,514 | $765,550 |
| 2021 | $11,328 | $916,731 | $166,191 | $750,540 |
| 2020 | $11,224 | $907,332 | $164,487 | $742,845 |
| 2019 | $11,016 | $889,542 | $161,262 | $728,280 |
| 2018 | $10,822 | $872,926 | $158,100 | $714,826 |
| 2017 | $10,603 | $855,826 | $155,000 | $700,826 |
| 2016 | $6,857 | $551,080 | $130,000 | $421,080 |
| 2015 | $6,415 | $511,435 | $130,000 | $381,435 |
| 2014 | $6,337 | $511,903 | $130,000 | $381,903 |
Source: Public Records
Agents Affiliated with this Home
-
Erum Balouch
-
R
Buyer's Agent in 2016
Robert Quintero
Mark 1 Real Estate, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW16113580
APN: 437-142-037
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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