NOT LISTED FOR SALE

Estimated Value: $946,000 - $1,187,036

8 Beds
8 Baths
3,910 Sq Ft
$273/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $515,000 $132 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $7,657/month

19 Days on Market

Highlights

  • In Ground Spa
  • 0.36 Acre Lot
  • Tennis Courts
  • Smiley Elementary School Rated A-
  • Clubhouse
  • Outdoor Cooking Area

About This Home

As of February 2014

Excellent opportunity for the "hands off" type of investor. Four unit apartment building with the coveted "Brookside Park". Located close to public schools, Loma Linda University Medical Center, the Veterans Hospital, University of Redlands and ESRI. The building offers two, 2 bed 2 bath, town home style units with attached garages and laundry hookups. The other two, 2 bed 2 bath units have their own garages and community laundry within the building. Professionally managed community in a resort like setting with 6 swimming pools, 3 spas, tennis court and basketball court. Monthly management fee includes insurance, water, trash, grounds keeping (Pools, Tennis-Courts, Spas included), landscaping, and leasing fees.

Last Agent to Sell the Property

Nathan Diones

REGIONCY REAL ESTATE License #01767311 Listed on: 02/03/2014

Last Buyer's Agent

Robert May

WESTCOE REALTORS INC License #00857944

WESTCOE REALTORS INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,395

Year Built

  • Built in 1982

Lot Details

  • 0.36 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

HOA Fees

  • $1,280 Monthly HOA Fees

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,910 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Pool

  • In Ground Spa
  • Private Pool

Utilities

  • Two cooling system units
  • Central Heating

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 234
  • Tax Tract Number 3454
  • Assessor Parcel Number 0292281080000

Community Details

Overview

  • 4 Units
  • Brookside Park Association

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Maintenance Expense $3,240
  • Other Expense $15,360
  • New Taxes Expense $5,938
  • Gross Income $4,302
  • Net Operating Income $27,086

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,395

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,280 per month

Parking

6

Listing Details

  • CapRate: 5.70
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0292281080000
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 131.71
  • Spa Features: In Ground

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Barbecue, Clubhouse, Dues Paid Monthly, Management, Outdoor Cooking Area, Pool, Security, Sewer, Spa/Hot Tub, Tennis Court(s), Trash, Utilities
  • Association Fee: 1280.00
  • Association Fee Frequency: Monthly
  • Association Name: Brookside Park
  • Community Features: Suburban

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 15505.00
  • Lot Size Acres: 0.3560

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4302.00
  • Gross Multiplier: 9.20
  • Gross Scheduled Income: 51624.00
  • Lot Size Area: 15505.0000 Square Feet
  • Maintenance Expense: 3240.00
  • Net Operating Income: 27086.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 24537.00
  • Other Expense: 15360.00
  • Other Expense Description: HOA DUES
  • Rent Control: No
  • Total Actual Rent: 3052.00

Tax Info

  • New Taxes Expense: 5938.00
  • Tax Lot: 234
  • Tax Tract Number: 3454
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Latasa Family Trust and Latasa Hallie Rae
Bought by
Latasa 73 Price Street Llc
Current Estimated Value
$1,065,509

Purchase Details

Listed on
Feb 3, 2014
Closed on
Mar 21, 2014
Sold by
Latasa Louis V and Latasa Hallie Rae
Bought by
The Latasa Family Trust
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
Robert May
WESTCOE REALTORS INC
List Price
$475,000
Sold Price
$515,000
Premium/Discount to List
$40,000
8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Listed on
Feb 3, 2014
Closed on
Feb 19, 2014
Sold by
Whitty George
Bought by
Calaprice Whitty Denise
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
Robert May
WESTCOE REALTORS INC
List Price
$475,000
Sold Price
$515,000
Premium/Discount to List
$40,000
8.42%

Purchase Details

Listed on
Feb 3, 2014
Closed on
Feb 13, 2014
Sold by
Calaprice Whitty Denise
Bought by
Latasa Louis V and Latasa Haille Rae
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
Robert May
WESTCOE REALTORS INC
List Price
$475,000
Sold Price
$515,000
Premium/Discount to List
$40,000
8.42%

Purchase Details

Closed on
Mar 28, 2012
Sold by
Gibson Robert H and Gibson Cheryl
Bought by
Calaprice Whitty Denise

Purchase Details

Closed on
Feb 1, 2006
Sold by
Gibson Robert H and Gibson Cheryl L
Bought by
Gibson Robert H and Gibson Cheryl L

Purchase Details

Closed on
Jun 28, 2005
Sold by
Thomas John W and Thomas Thelma D
Bought by
Gibson Robert H and Gibson Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,800
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 3, 2005
Sold by
Turner Arthur A and Turner Doloris G
Bought by
Thomas John W and Thomas Thelma D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Latasa 73 Price Street Llc -- None Listed On Document
The Latasa Family Trust -- None Available
Calaprice Whitty Denise -- Stewart Title Company
Latasa Louis V $515,000 Stewart Title Company
Calaprice Whitty Denise $355,000 None Available
Gibson Robert H -- Accommodation
Gibson Robert H $686,000 Lawyers Title Company
Thomas John W $575,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Robert H $548,800
Previous Owner Thomas John W $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $515,000 +8.4% $132 / Sq Ft
02/22/2014 02/22/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $475,000 -- $121 / 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
2025 $7,395 $631,321 $126,264 $505,057
2024 $7,395 $618,942 $123,788 $495,154
2023 $7,387 $606,806 $121,361 $485,445
2022 $7,281 $594,907 $118,981 $475,926
2021 $7,413 $583,242 $116,648 $466,594
2020 $7,304 $577,262 $115,452 $461,810
2019 $7,101 $565,943 $113,188 $452,755
2018 $6,925 $554,846 $110,969 $443,877
2017 $6,867 $543,967 $108,793 $435,174
2016 $6,790 $533,301 $106,660 $426,641
2015 $6,741 $525,290 $105,058 $420,232
2014 $4,712 $363,744 $56,355 $307,389
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: EV14023633

California Regional Multiple Listing Service (CRMLS)

APN: 0292-281-08