NOT LISTED FOR SALE

773 Michigan Ave Beaumont, CA 92223

Beaumont Area

Estimated Value: $502,000 - $805,000

7 Beds
4 Baths
952 Sq Ft
$724/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2021

Last sale price $660,000 $693 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,545 / mo

19 Days on Market

Highlights

  • No HOA
  • Bike Trail
  • 1-Story Property
  • Central Heating and Cooling System
  • Front Yard

About This Home

As of October 2021

Great investment opportunity. Live in one rent the rest - possibilities are endless. Located on a quiet street of Beaumont in close proximity to school, stores and two major freeways 10 and 60. The original unit was build in 1953 in a good condition and has 3 bedrooms and 1 1/2 baths with two car garage. Two units in the back (775 and 777 Michigan Ave) are newer and have a valley entrance with plenty parking outside and one car garage each. Each unit has 2 bedrooms and 1 Bath. Every unit has it's own laundry area. The common area in between the units forms a cozy, boutique style courtyard. With large employers such as Amazon, Casino Morongo and Cabazon Outlet it is a great area for rental opportunities.

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Last Agent to Sell the Property

Nataliya Armstrong

Keller Williams Realty License #01906148 Listed on: 08/11/2021

Keller Williams Realty

Last Buyer's Agent

LINDA POPE

REALTY ONE GROUP EMPIRE License #01995896

REALTY ONE GROUP EMPIRE

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1953

Lot Details

  • 11,761 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 3 / 64
  • Assessor Parcel Number 418043016
  • $61 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Other Expense $1,440
  • Trash Expense $1,536
  • Water Sewer Expense $700
  • Operating Expense $5,116
  • Gross Income $47,760
  • Net Operating Income $42,644

Property Details

Home Type

Apartment

Year Built

Built in 1953

Lot Details

0.27 Acres

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 700.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 418043016
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 693.28

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 1536.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700

Multi Family

  • Gross Income: 47760.00
  • Gross Scheduled Income: 47760.00
  • Lot Size Area: 11761.0000 Square Feet
  • Net Operating Income: 42644.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5116.00
  • Other Expense: 1440.00
  • Rent Control: No
  • Total Expenses: 5116.00

Tax Info

  • Tax Block: 64
  • Tax Census Tract: 440.00
  • Tax Lot: 3
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 61.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2022
Sold by
Granados Axel and Granados Kathy Patricia
Bought by
Current Estimated Value
$688,979

Purchase Details

Listed on
Aug 11, 2021
Closed on
Aug 31, 2021
Sold by
Boster Keith Warren and Boster Martina
Bought by
Granados Axel and Granados Kathy Patricia
Seller's Agent
Nataliya Armstrong
Keller Williams Realty
Buyer's Agent
LINDA POPE
REALTY ONE GROUP EMPIRE
List Price
$700,000
Sold Price
$660,000
Premium/Discount to List
-$40,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$495,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 22, 2015
Closed on
Jan 4, 2016
Sold by
Tisthammer James and Tisthammer Esther Lorrene
Bought by
Tisthammer James and Tisthammer Esther Lorrene
Seller's Agent
Peter Tripp
Better Homes & Gardens R.E. Oak Valley
Buyer's Agent
TIFFANY TAYLOR
Tiffany Taylor, Broker
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%
Original Mortgage
$305,148
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2013
Sold by
Tisthammer James and Tisthammer Esther Lorrene
Bought by
Tisthammer James and Tisthammer Esther Lorrene

Purchase Details

Closed on
May 11, 2010
Sold by
Aurora Loan Services Llc
Bought by
Tisthammer James and Tisthammer Esther Lorrene

Purchase Details

Closed on
Feb 3, 2010
Sold by
Moreno Arthur and Moreno Dina
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 11, 2005
Sold by
Becerra Raymundo and Becerra Marcela
Bought by
Moreno Arthur and Moreno Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2004
Sold by
Becerra Raymundo
Bought by
Becerra Raymundo and Becerra Marcela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2004
Sold by
Becerra Marcela
Bought by
Becerra Raymundo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2004
Sold by
Stidham Donald E and Stidham Beulah W
Bought by
Becerra Raymundo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2000
Sold by
Waddill Joyce J
Bought by
Warapius Dennis and Warapius Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,358
Interest Rate
8.21%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Beaumont, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Granados Axel $660,000 First American Title Company
Tisthammer James -- Lawyers Title Company
Boster Keith Warren $340,000 Lawyers Title Company
Tisthammer James -- None Available
Tisthammer James $200,000 Lsi Title Company Inc
Aurora Loan Services Llc $413,102 None Available
Moreno Arthur $275,000 New Century Title Company
Becerra Raymundo -- Lawyers Title Company
Becerra Raymundo -- Stewart Title Company
Becerra Raymundo $153,000 Stewart Title Company
Warapius Dennis $75,500 Gateway Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $495,000
Previous Owner Boster Keith Warren $305,148
Previous Owner Moreno Arthur $360,000
Previous Owner Moreno Arthur $247,500
Previous Owner Becerra Raymundo $238,500
Previous Owner Becerra Raymundo $20,000
Previous Owner Becerra Raymundo $187,000
Previous Owner Becerra Raymundo $122,400
Previous Owner Warapius Dennis $35,000
Previous Owner Warapius Dennis $75,358
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $660,000 -5.7% $693 / Sq Ft
08/11/2021 08/11/21 For Sale $700,000 +105.9% $735 / Sq Ft
03/02/2016 03/02/16 Sold $339,900 0.0% $357 / Sq Ft View Prior Sale
12/31/2015 12/31/15 Pending -- -- --
12/04/2015 12/04/15 For Sale $339,900 -- $357 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,141 $714,401 $81,177 $633,224
2025 $8,880 $700,394 $79,586 $620,808
2023 $8,880 $673,199 $76,497 $596,702
2022 $8,739 $660,000 $74,998 $585,002
2021 $5,356 $371,727 $32,807 $338,920
2020 $4,953 $367,916 $32,471 $335,445
2019 $4,876 $360,703 $31,835 $328,868
2018 $4,857 $353,631 $31,212 $322,419
2017 $4,782 $346,698 $30,600 $316,098
2016 $3,007 $218,073 $70,871 $147,202
2015 $2,958 $214,799 $69,807 $144,992
2014 $2,960 $210,593 $68,441 $142,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21176113

California Regional Multiple Listing Service (CRMLS)

APN: 418-043-016

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