NOT LISTED FOR SALE
1 Bed
2 Baths
11,750 Sq Ft
1.5 Acre Lot

Sale Details

Date Sold: October 18, 2019

Last sale price $1,300,000 $111 Per Sq Ft

223 Days on Market

Highlights

  • Gated Community
  • No HOA
  • 1-Story Property
  • 1.5 Acre Lot
  • Outdoor Storage

About This Home

As of October 2019

This home is located at 789 S State St, San Jacinto, CA 92583 since 07 February 2019. This property was built in 1950. 789 S State St is a home located in Riverside County with nearby schools including Hyatt Elementary School, North Mountain Middle School, and San Jacinto High School.

Last Agent to Sell the Property

Sean Hwangbo

TNG REAL ESTATE CONSULTANTS License #01945497 Listed on: 02/07/2019

TNG REAL ESTATE CONSULTANTS

Last Buyer's Agent

Sean Hwangbo

TNG REAL ESTATE CONSULTANTS License #01945497 Listed on: 02/07/2019

TNG REAL ESTATE CONSULTANTS
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 1.5 Acre Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Interior Spaces

  • 11,750 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces

Additional Features

  • Outdoor Storage
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 10 / 26
  • Assessor Parcel Number 435220007

Community Details

Overview

  • No Home Owners Association
  • 18 Buildings
  • 20 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $14,469
  • Fuel Expense $3,620
  • Insurance Expense $3,287
  • Maintenance Expense $8,459
  • Professional Management Expense $8,400
  • Trash Expense $2,486
  • Water Sewer Expense $14,469
  • New Taxes Expense $19,568
  • Operating Expense $74,759
  • Gross Income $179,580
  • Net Operating Income $99,433

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

1.5 Acres

Listing Details

  • CapRate: 6.37
  • Professional Management Expense: 8400.00
  • Property Attached: No
  • Security: Gated Community
  • Water Sewer Expenses: 14469.00
  • Property Type: Residential Income
  • Parcel Number: 435220007
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 110.64

Exterior Features

  • Other Structures: Storage
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 25.00
  • Uncovered Spaces: 25.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2486.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 65340.00
  • Lot Size Acres: 1.5000

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average Studio Area: 550 Square Feet
  • Electric Expense: 14469.00
  • Fuel Expense: 3620.00
  • Gross Income: 179580.00
  • Gross Scheduled Income: 174193.00
  • Insurance Expense: 3287.00
  • Lot Size Area: 1.5000 Acres
  • Maintenance Expense: 8459.00
  • Net Operating Income: 99433.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 20
  • Operating Expense: 74759.00
  • Rent Control: No
  • Total Expenses: 74759.00

Tax Info

  • New Taxes Expense: 19568.00
  • Tax Block: 26
  • Tax Lot: 10

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
10/18/2019 10/18/19 Sold $1,300,000 -16.7% $111 / Sq Ft
07/01/2019 07/01/19 Price Changed $1,560,000 -2.5% $133 / Sq Ft
02/07/2019 02/07/19 For Sale $1,600,000 +62.4% $136 / Sq Ft
09/19/2014 09/19/14 Sold $985,000 -8.4% -- View Prior Sale
06/17/2014 06/17/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $1,075,000 +60.4% --
05/21/2012 05/21/12 Sold $670,000 -8.2% -- View Prior Sale
03/05/2012 03/05/12 Pending -- -- --
12/05/2011 12/05/11 For Sale $730,000 -- --
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 $19,943 $1,584,029 $546,601 $1,037,428
2025 $18,818 $1,552,971 $535,884 $1,017,087
2023 $18,818 $1,492,670 $515,076 $977,594
2022 $18,386 $1,463,403 $504,977 $958,426
2021 $18,095 $1,434,710 $495,076 $939,634
2020 $17,932 $1,420,000 $490,000 $930,000
2019 $13,735 $1,061,227 $269,346 $791,881
2018 $13,492 $1,040,419 $264,065 $776,354
2017 $13,232 $1,020,020 $258,888 $761,132
2016 $12,656 $1,000,020 $253,812 $746,208
2015 $12,500 $985,000 $250,000 $735,000
2014 $8,798 $673,040 $196,889 $476,151
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19020077

California Regional Multiple Listing Service (CRMLS)

APN: 435-220-007

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