Seller's Agent in 2023
Dennis Davis
DENNIS DAVIS REAL ESTATE
(909) 709-1022
2 in this area
35 Total Sales
753 W F St Colton, CA 92324
Estimated Value: $761,000 - $844,000
2
Beds
1
Bath
3,552
Sq Ft
$222/Sq Ft
Est. Value
About This Home
As of June 2023Great investment in a very demand area near Colton High School. Four 2 bedroom one bath units. 2 upstairs units and 2 downstairs units. Alley access and carports in rear. Exterior paint and roof both 2 years old. Rents are artificially low but there is big upside potential.
DO NOT DISTURB TENANTS. TENANTS ARE NOT AWARE THAT THE BUILDING IS FOR SALE. MAKE OFFER SUBJECT TO INTERIOR INSPECTION.
Last Agent to Sell the Property
DENNIS DAVIS REAL ESTATE License #00594285 Listed on: 05/23/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,523
Year Built
- Built in 1967
Lot Details
- 8,400 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Level Lot
Home Design
- Quadruplex
Interior Spaces
- 3,552 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 4 Parking Spaces
- 4 Carport Spaces
Location
- Property is near public transit
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 23 / 58
- Assessor Parcel Number 0162012200000
- $661 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $68
- Fuel Expense $1,200
- Insurance Expense $2,000
- Trash Expense $1,716
- Water Sewer Expense $732
- Operating Expense $5,716
- Net Operating Income $52,634
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2023
Closed on
Jun 1, 2023
Sold by
Bountiful Acres Llc
Bought by
Mpsn Properties Ii Lp
Seller's Agent
Dennis Davis
DENNIS DAVIS REAL ESTATE
Buyer's Agent
Jag Singh
Keller Williams Sierra Madre
List Price
$703,900
Sold Price
$688,900
Premium/Discount to List
-$15,000
-2.13%
Total Days on Market
1
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,287
Avg. Annual Appreciation
7.04%
Purchase Details
Closed on
Dec 16, 2015
Sold by
Stacey Nanci Sessions and Sessions John Phillip
Bought by
Sessions John and Sessions Alfred Joe
Purchase Details
Closed on
Mar 13, 2013
Sold by
Smith Robert E
Bought by
Sessions Marlyn and Malyn Sessions Family Trut
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mpsn Properties Ii Lp | $689,000 | Lawyers Title Company | |
| Sessions John | -- | None Available | |
| Bountiful Acres Llc | -- | None Available | |
| Sessions Marlyn | $100,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2023 06/21/23 | Sold | $688,900 | -2.1% | $194 / Sq Ft |
| 05/23/2023 05/23/23 | For Sale | $703,900 | -- | $198 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,523 | $702,678 | $137,700 | $564,978 |
| 2023 | $3,260 | $260,396 | $54,448 | $205,948 |
| 2022 | $3,214 | $255,290 | $53,380 | $201,910 |
| 2021 | $3,279 | $250,284 | $52,333 | $197,951 |
| 2020 | $3,294 | $247,717 | $51,796 | $195,921 |
| 2019 | $3,205 | $242,859 | $50,780 | $192,079 |
| 2018 | $3,154 | $238,097 | $49,784 | $188,313 |
| 2017 | $3,044 | $233,429 | $48,808 | $184,621 |
| 2016 | $3,120 | $228,852 | $47,851 | $181,001 |
| 2015 | $3,022 | $225,414 | $47,132 | $178,282 |
| 2014 | $2,918 | $220,999 | $46,209 | $174,790 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Davis
-
Jag Singh
Buyer's Agent in 2023
Jag Singh
Keller Williams Sierra Madre
(626) 331-1234
1 in this area
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV23090235
APN: 0162-012-20
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