$195,000
SOLD OCT 5, 2012

870 Grant Ave Colton, CA 92324

6 Beds
3 Baths
2,273 Sq Ft
5,640 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

17% Below List Price

106 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Tile Countertops
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • Carpet

About This Home

As of October 2012

Great Investment Oportunity, Two Houses one 3 bedrooms and 2 bathrooms, Built in 1993, 1441 square feet, Built-in Fireplace, Living Room, Kitchen, kitchen dining room, french doors, upgraded Tile floors and countertops with two car garage attached, in prestine condition and shows great and other home is a 3 bedroom, 1 bathroom, 832 Square Feet, may have unpermitted room addition looks like add on, Built in 1922, shows much larger than 832 square feet because of room addition, with a 2 Car Detached Garage, this unit needs some TLC. 870 Grant rents for $1350.00 and 890 Grant rents for $850.00 for a total of $2,200.00 per month. Great income generating property. Both have nice back yards and lots of fruit trees fully landscaped. Seperate Electrical and Gas Meters, but water only one meter. THIS IS A STANDARD SALE SO QUICK RESPONSE ON ALL OFFERS. 24 hour notice to show. NO FHA BUYERS

Last Agent to Sell the Property

Joyce Barnett

Barnett Realty License #01152912 Listed on: 06/18/2012

Last Buyer's Agent

Gloria Torres

CENTURY 21 PRIMETIME REALTORS License #01242993

CENTURY 21 PRIMETIME REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,119

Year Built

  • Built in 1995

Lot Details

  • 5,640 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Tile Roof
  • Composition Roof

Interior Spaces

  • 2,273 Sq Ft Home
  • Living Room with Fireplace
  • Carpet
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • Mirrored Closets Doors
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 2
  • Tax Tract Number 2118
  • Assessor Parcel Number 0164011370000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 1,760 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,080
  • Insurance Expense $1,000
  • Water Sewer Expense $720
  • New Taxes Expense $3,104
  • Operating Expense $5,904
  • Gross Income $2,200
  • Net Operating Income $20,495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,119

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 0164011370000
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters, Unfurnished
  • Entry Location: Ground Level No Steps
  • Flooring: Carpet
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 85.79
  • Room Type: All Bedrooms Down, Master Bedroom

Exterior Features

  • Roof: Composition, Tile

Garage/Parking

  • Garage Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5640.00
  • Lot Size Acres: 0.1290

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 832
  • Average3 Bed Area: 1440
  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5640.0000 Square Feet
  • Net Operating Income: 20495.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 1760
  • Operating Expense: 5905.00
  • Rent Control: No
  • Total Actual Rent: 2200.00
  • Total Expenses: 5904.00

Tax Info

  • New Taxes Expense: 3104.00
  • Tax Lot: 2
  • Tax Tract Number: 2118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2019
Sold by
Maldonado Jelmer and Maldonado Judith
Bought by
Arroyo Jose Ines Veliz and Veliz Francis P
Current Estimated Value
$559,220

Purchase Details

Closed on
Apr 4, 2018
Sold by
Maldonado Jelmer
Bought by
Maldonado Jelmer and Maldonado Judith

Purchase Details

Closed on
Jun 13, 2012
Sold by
Walden Eva
Bought by
Maldonado Jelmer and Maldonado Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 1996
Sold by
Truxel Kathlyn Sue
Bought by
Truxel Timothy C and Truxel Kathlyn Sue
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Stewart Title Guaranty
Interfamily Deed Transfer -- Accommodation
Grant Deed $398,000 Lawyers Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $191,468 FHA
Previous Owner $165,000 Unknown
Previous Owner $15,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $195,000 0.0% $86 / Sq Ft
10/05/2012 10/05/12 Sold $195,000 -13.3% $86 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
10/02/2012 10/02/12 Pending -- -- --
09/23/2012 09/23/12 For Sale $225,000 0.0% $99 / Sq Ft
09/08/2012 09/08/12 Pending -- -- --
08/31/2012 08/31/12 Price Changed $225,000 -4.3% $99 / Sq Ft
08/27/2012 08/27/12 For Sale $235,000 0.0% $103 / Sq Ft
06/18/2012 06/18/12 For Sale $235,000 -- $103 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,119 $345,812 $100,397 $245,415
2024 $4,119 $339,031 $98,428 $240,603
2023 $4,131 $332,383 $96,498 $235,885
2022 $4,072 $325,866 $94,606 $231,260
2021 $4,156 $319,476 $92,751 $226,725
2020 $4,174 $316,200 $91,800 $224,400
2019 $2,326 $176,624 $51,882 $124,742
2018 $2,289 $173,161 $50,865 $122,296
2017 $2,210 $169,766 $49,868 $119,898
2016 $2,265 $166,437 $48,890 $117,547
2015 $2,193 $163,937 $48,156 $115,781
2014 $2,118 $160,726 $47,213 $113,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K12076557

California Regional Multiple Listing Service (CRMLS)

APN: 0164-011-37