M
Seller's Agent in 2023
Marcial Aleman
Simple Real Estate
845 W Olive St Unit 1-2 Colton, CA 92324
Estimated Value: $570,000 - $807,000
5
Beds
3
Baths
1,251
Sq Ft
$540/Sq Ft
Est. Value
Highlights
- 0.35 Acre Lot
- Heating System Uses Natural Gas
- 1-Story Property
- Laundry Room
About This Home
As of July 2023Charming, Newly-Refurbished Duplex in the Heart of Colton, California. This property provides a unique blend of comfort and functionality perfect for both first-time homeowners and seasoned investors.
This well-appointed duplex features two separate units. Unit 1 Front house features 3 spacious bedrooms plus a huge family room and 2 bathrooms. The second unit has 2 bedrooms and 1 bathroom.
Bright, open-plan living and dining areas are flooded with natural light through large windows. The updated kitchens feature quartz countertops and ample cabinetry, making meal preparation a joy.
Step outside to find the HUGE 15,300 square feet lot!!! Providing outdoor spaces for relaxation or entertainment and storage for all your vehicle needs.
This property presents a great opportunity for rental income or multigenerational living. Whether you choose to occupy one unit and lease the other or rent both, this investment is sure to provide a substantial return.
Take advantage of this rare opportunity to own a piece of Colton's real estate market! Don't miss out on this gem.
Last Agent to Sell the Property
Marcial Aleman
Simple Real Estate Brokerage Phone: 562-299-7243 License #02052173 Listed on: 06/16/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,949
Year Built
- Built in 1949
Lot Details
- 0.35 Acre Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,251 Sq Ft Home
- 1-Story Property
- Den with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- Carport
- Parking Available
Location
- Suburban Location
Utilities
- Heating System Uses Natural Gas
- Septic Type Unknown
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 33
- Tax Tract Number 66
- Assessor Parcel Number 0274111100000
- $1,875 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2018
Closed on
Sep 17, 2018
Sold by
Barrera Paul
Bought by
Demoss Francisco
Seller's Agent
Jose Ponce
PONCE & PONCE REALTY, INC
Buyer's Agent
Christina Aleman
Simple Real Estate
List Price
$365,000
Sold Price
$377,000
Premium/Discount to List
$12,000
3.29%
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
$299,011
Avg. Annual Appreciation
8.79%
Original Mortgage
$370,171
Outstanding Balance
$328,771
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$347,240
Purchase Details
Closed on
Mar 6, 2015
Sold by
Lucas Margaret Marie and Knowlton Margaret Marie
Bought by
Barrera Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 10, 2008
Sold by
Knowlton Margaret Marie and Knowlton Margaret M
Bought by
Knowlton Margaret Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
5.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2002
Sold by
Knowlton Margaret M and Lucas Margaret M
Bought by
Knowlton Margaret M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,700
Interest Rate
6.12%
Purchase Details
Closed on
Jan 25, 2000
Sold by
Lucas Robert G
Bought by
Lucas Margaret M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
8.16%
Purchase Details
Closed on
Jun 29, 1999
Sold by
Knowlton Stephen
Bought by
Lucas Margaret M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Demoss Francisco | $377,000 | Chicago Title Inland Empire | |
| Barrera Paul | $270,000 | Fidelity National Title Co | |
| Knowlton Margaret Marie | -- | United Title Company | |
| Knowlton Margaret M | -- | American | |
| Lucas Margaret M | -- | Old Republic Title | |
| Lucas Margaret M | -- | -- | |
| Lucas Robert G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Demoss Francisco | $370,171 | |
| Previous Owner | Barrera Paul | $265,109 | |
| Previous Owner | Knowlton Margaret Marie | $155,500 | |
| Previous Owner | Knowlton Margaret M | $76,700 | |
| Previous Owner | Lucas Margaret M | $75,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2023 07/20/23 | Sold | $650,000 | 0.0% | $520 / Sq Ft |
| 06/19/2023 06/19/23 | Pending | -- | -- | -- |
| 06/16/2023 06/16/23 | For Sale | $649,999 | +72.4% | $520 / Sq Ft |
| 10/25/2018 10/25/18 | Sold | $377,000 | +3.3% | $197 / Sq Ft |
| 09/13/2018 09/13/18 | Pending | -- | -- | -- |
| 08/20/2018 08/20/18 | For Sale | $365,000 | -- | $191 / 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 |
|---|---|---|---|---|
| 2025 | $7,949 | $663,000 | $198,900 | $464,100 |
| 2024 | $7,949 | $650,000 | $195,000 | $455,000 |
| 2023 | $5,175 | $404,220 | $123,303 | $280,917 |
| 2022 | $5,838 | $396,294 | $120,885 | $275,409 |
| 2021 | $5,926 | $388,524 | $118,515 | $270,009 |
| 2020 | $5,611 | $384,540 | $117,300 | $267,240 |
| 2019 | $5,076 | $377,000 | $115,000 | $262,000 |
| 2018 | $3,737 | $285,192 | $57,038 | $228,154 |
| 2017 | $3,606 | $279,600 | $55,920 | $223,680 |
| 2016 | $3,697 | $274,118 | $54,824 | $219,294 |
| 2015 | $856 | $70,686 | $13,187 | $57,499 |
| 2014 | $815 | $69,302 | $12,929 | $56,373 |
Source: Public Records
Agents Affiliated with this Home
-
-
Nekaya Carter
Buyer's Agent in 2023
Nekaya Carter
(310) 981-6032
1 in this area
21 Total Sales
-
Jose Ponce
Seller's Agent in 2018
Jose Ponce
PONCE & PONCE REALTY, INC
(909) 488-4508
13 in this area
192 Total Sales
-
Christina Aleman
C
Buyer's Agent in 2018
Christina Aleman
Simple Real Estate
(562) 565-5440
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23107452
APN: 0274-111-10
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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