NOT LISTED FOR SALE
5 Beds
3 Baths
4,018 Sq Ft
0.87 Acre Lot

Sale Details

Date Sold: December 7, 2015

Last sale price $418,000 $104 Per Sq Ft

16 Days on Market

Highlights

  • 0.87 Acre Lot
  • Traditional Architecture
  • Evaporated cooling system
  • Mountain View
  • No HOA
  • Laundry Room

About This Home

As of December 2015

Rare opportunity to own a very clean triplex in Colton. Front main home is 2,000 square feet with 3 bedroom, 2 1/2 baths, and attached 2 car garage. Fireplace in the living room, large family room, big kitchen and dining area. Separated laundry room with bathroom, 3 large bedrooms and 2 more full baths. The back Duplex features 2 large units of 1,000 sq ft each, 2 bedrooms and 1 bath each unit, newer evaporative coolers on each, updated interiors, private yards, and attached 1 car garages each.

Last Agent to Sell the Property

Scott Cheramie

MERIDIAN PROPERTY GROUP License #01409016 Listed on: 10/04/2015

Last Buyer's Agent

Scott Cheramie

MERIDIAN PROPERTY GROUP License #01409016 Listed on: 10/04/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 37,875 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 4,018 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Evaporated cooling system
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 8
  • Tax Tract Number 91
  • Assessor Parcel Number 0162271220000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Other Expense $2,000
  • Professional Management Expense $2,500
  • New Taxes Expense $2,000
  • Gross Income $3,300
  • Net Operating Income $34,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0.87 Acres

Parking

2

Listing Details

  • CapRate: 8.20
  • Professional Management Expense: 2500.00
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0162271220000
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Price Per Square Foot: 104.03

Exterior Features

  • View: Mountain(s), Neighborhood
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Lot Features: Lot 20000-39999 Sqft, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 37875.00
  • Price Per Lot Square Foot: 11.04
  • Lot Size Acres: 0.8690

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 500.00
  • Lot Size Area: 37875.0000 Square Feet
  • Net Operating Income: 34600.00
  • 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: 5000.00
  • Other Expense: 2000.00
  • Other Expense Description: TAX
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2000.00
  • Tax Lot: 8
  • Tax Tract Number: 091-09
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
12/07/2015 12/07/15 Sold $418,000 -0.5% $104 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $419,900 -- $105 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15199547

California Regional Multiple Listing Service (CRMLS)
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