NOT LISTED FOR SALE

874 Euclid Ave Beaumont, CA 92223

Estimated Value: $343,000 - $482,000

4 Beds
2 Baths
1,809 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $289,000 $160 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,543/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Family Room
  • No HOA
  • Laundry Room
  • 4-minute walk to Stewart Park

About This Home

As of April 2019

Great opportunity! Well taken care of Duplex in city of Beaumont with great renters in a great area. Property offers 2 separate units each with 2 bedrooms and 1 bathroom with a spacious floor plan and each unit has its own yard. Great Investment Opportunity

Last Agent to Sell the Property

Joseph Estrada

FAMILY TREE REALTY, INC. License #01400441 Listed on: 08/07/2018

Last Buyer's Agent

Jesus Martinez

Coldwell Banker Assoc Brokers License #01719275

Coldwell Banker Assoc Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 9,583 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,809 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Family Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 439
  • Assessor Parcel Number 415333002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Maintenance Expense $500
  • Trash Expense $1,359
  • Water Sewer Expense $480
  • New Taxes Expense $5,724
  • Operating Expense $8,663
  • Gross Income $50,400
  • Net Operating Income $18,376

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 480.00
  • Zoning: R3
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 415333002
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 159.76
  • Room Type: All Bedrooms Down, Family Room
  • Window Features: Screens

Exterior Features

  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1359.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Other

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 9583.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 18376.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6824.00
  • Rent Control: No
  • Total Actual Rent: 2100.00
  • Total Expenses: 8663.00

Tax Info

  • New Taxes Expense: 5724.00
  • Tax Census Tract: 439.00
  • Tax Lot: 4
  • Tax Tract Number: 439

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Mar 14, 2019
Sold by
Galindo Janessa Marie
Bought by
Meza Noe
Seller's Agent
Joseph Estrada
FAMILY TREE REALTY, INC.
Buyer's Agent
Jesus Martinez
Coldwell Banker Assoc Brokers
List Price
$289,000
Sold Price
$289,000
Current Estimated Value
$419,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,879
Avg. Annual Appreciation
5.67%
Original Mortgage
$193,400
Outstanding Balance
$169,685
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$250,194

Purchase Details

Listed on
Aug 7, 2018
Closed on
Mar 5, 2019
Sold by
Shelley Robert and Shelley Jesse J
Bought by
Meza Noe
Seller's Agent
Joseph Estrada
FAMILY TREE REALTY, INC.
Buyer's Agent
Jesus Martinez
Coldwell Banker Assoc Brokers
List Price
$289,000
Sold Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,400
Outstanding Balance
$169,685
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$250,194
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Meza Noe -- Orange Coast Title Co
Meza Noe $289,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meza Noe $193,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2019 04/09/19 Sold $289,000 0.0% $160 / Sq Ft
09/24/2018 09/24/18 For Sale $289,000 0.0% $160 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $289,000 -- $160 / 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 $4,164 $322,381 $55,774 $266,607
2023 $4,164 $309,864 $53,609 $256,255
2022 $4,100 $303,789 $52,558 $251,231
2021 $4,495 $297,833 $51,528 $246,305
2020 $4,045 $294,780 $51,000 $243,780
2019 $966 $29,941 $7,724 $22,217
2018 $457 $29,355 $7,573 $21,782
2017 $449 $28,780 $7,425 $21,355
2016 $437 $28,217 $7,280 $20,937
2015 $430 $135,000 $30,000 $105,000
2014 $430 $27,248 $7,029 $20,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18201535

California Regional Multiple Listing Service (CRMLS)

APN: 415-333-002