NOT LISTED FOR SALE

8781 Mercadante Ln Colton, CA 92324

Estimated Value: $626,000 - $1,213,000

4 Beds
3 Baths
1,943 Sq Ft
$445/Sq Ft Est. Value

Last Sold November 10, 2017

Last sale price $485,000 $250 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,168/month

155 Days on Market

Highlights

  • Horse Property Unimproved
  • All Bedrooms Downstairs
  • View of Hills
  • RV Access or Parking
  • 39.2 Acre Lot
  • No HOA

About This Home

As of November 2017

This is 2 homes, one is 2BR 2BA about 1127 Sq. Ft. per appraisal, the other is 2BR 1BA about 816 Sq. Ft. sold with 2 lots(APN's 471-080-011 4.9 AC. and 471-080-013 34.31 AC) totaling about 39.2 AC. There is an adjoining 1 AC. lot (MLS#IG17083481 $49900) that could make this a 40+ acre ranch. 2 wells and reservoir on site., Many beautiful estates and ranches in close proximity, the possibilities are endless. Easy access to Moreno Valley and Colton, 1 edge of lot touches Reche Canyon Road for easy access if developing. The additional one acre lot (mentioned above)would allow access via Arroyo Dr. and Spring Rd. Great price per acre in this highly desired area!! Utilities(Gas and Electricity are here). appraisal done and came in at $637000!!!

Last Listed By

Michael Coleman

CENTURY 21 PRIMETIME REALTORS License #00579340 Listed on: 04/19/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,981

Year Built

  • Built in 1972

Lot Details

  • 39.2 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Density is up to 1 Unit/Acre
  • Value in Land
  • Property is zoned R-A-5

Parking

  • 2 Car Garage
  • Parking Available
  • Workshop in Garage
  • Two Garage Doors
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Fixer Upper

Interior Spaces

  • 1,943 Sq Ft Home
  • Views of Hills

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • All Bedrooms Down

Utilities

  • Evaporated cooling system
  • Natural Gas Connected
  • Well
  • Septic Type Unknown

Additional Features

  • Two Homes on a Lot
  • Agricultural
  • Horse Property Unimproved

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 471080011

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,981

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-A-5
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 471080011
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1943.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 249.61
  • Room Type: All Bedrooms Down

Exterior Features

  • Other Structures: Two On A Lot
  • View: Hills
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, RV Access/Parking, Off Street, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Unknown
  • Water Source: Well
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Mountainous, Rural

Schools

  • School District: Colton Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Agricultural, Horse Property Unimproved, Lot Over 40000 Sqft, Irregular Lot, Value In Land
  • Lot Size Sq Ft: 1707552.00
  • Lot Size Acres: 39.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 39.2000 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 424.12
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2018
Sold by
Diaz Luis Manuel and Diaz Estela T
Bought by
Diaz Luis Manuel and Diaz Estela T
Total Days on Market
155
Current Estimated Value
$864,000

Purchase Details

Listed on
Apr 19, 2017
Closed on
Sep 26, 2017
Sold by
Case Nicole
Bought by
Diaz Luis Mannel and Diaz Estella T
Seller's Agent
Michael Coleman
CENTURY 21 PRIMETIME REALTORS
Buyer's Agent
Yesenia Ruvalcaba
NEW CENTURY REALTORS
List Price
$649,900
Sold Price
$485,000
Premium/Discount to List
-$164,900
-25.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

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 Buyer Sale Price Title Company
Diaz Luis Manuel -- None Available
Diaz Luis Mannel $485,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2017 11/10/17 Sold $485,000 -3.0% $250 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
07/20/2017 07/20/17 Price Changed $499,999 -9.1% $257 / Sq Ft
06/24/2017 06/24/17 Price Changed $549,900 -8.3% $283 / Sq Ft
05/24/2017 05/24/17 Price Changed $599,900 -7.7% $309 / Sq Ft
04/19/2017 04/19/17 For Sale $649,900 -- $334 / 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
2023 $3,981 $355,432 $174,982 $180,450
2022 $3,875 $348,463 $171,551 $176,912
2021 $3,973 $341,632 $168,188 $173,444
2020 $3,955 $338,130 $166,464 $171,666
2019 $3,766 $331,500 $163,200 $168,300
2018 $3,750 $325,000 $160,000 $165,000
2017 $1,008 $88,629 $42,774 $45,855
2016 $1,846 $52,884 $18,011 $34,873
2015 $608 $52,092 $17,742 $34,350
2014 $586 $51,074 $17,396 $33,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG17084497

California Regional Multiple Listing Service (CRMLS)

APN: 471-080-011