NOT LISTED FOR SALE

920 5th St Calimesa, CA 92320

Estimated Value: $581,000 - $666,219

4 Beds
3 Baths
1,400 Sq Ft
$435/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $250,000 $179 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,570/month

3 Days on Market

Highlights

  • Covered RV Parking
  • 0.9 Acre Lot
  • No HOA

About This Home

As of April 2015

R 2 MULTI FAMILY RESIDENTIAL Zoning on just under 1 acre. 2 bedroom 1 bath approx 1400 sq. ft. A 1 bedroom 1 Bath approx 900 sq. ft. And a mobile home that is 1 bedroom 1 bath. Lovely grounds, a nice patio for the 1 bedroom unit with RV parking, and a nice patio breezeway for the 2 bedroom home. Plenty of potential for RV storage with Electricity, water, and dump station on the remaining property. Covered parking for heavy equipment, a 3 car garage for the main house with a 1/2 bath with small shower for the mechanic. This property is zoned for 3 units but surrounding properties have 4 or more. The possibilities are endless with this conveniently located property. Corner lot. All square footages are estimated from the last appraisal. Assessor data is for both units.

Last Agent to Sell the Property

Renee Affaitati

Century 21 Top Producers License #01225728 Listed on: 03/15/2015

Century 21 Top Producers

Last Buyer's Agent

LINDA OLLIS

Century 21 Top Producers License #00573203

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.9 Acre Lot
  • No Common Walls
  • Rural Setting
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Carport
  • Parking Available
  • Three Garage Doors
  • Driveway
  • Unpaved Parking
  • Covered RV Parking

Interior Spaces

  • 1,400 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 411131009

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,580
  • Insurance Expense $630
  • Trash Expense $276
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,687
  • Gross Income $1,200
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 411131009
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 178.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Carport, Concrete, Unpaved, Driveway, RV Access/Parking, RV Covered, RV Gated, RV Hook-Ups, Garage - Three Door
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 276.00
  • Water Source: Public, Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Features: 2-5 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 39204.00
  • Lot Size Acres: 0.9000

Multi Family

  • Average1 Bed Area: 900
  • Average2 Bed Area: 1400
  • Electric Expense: 1580.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 1200.00
  • Insurance Expense: 630.00
  • Lot Size Area: 39204.0000 Square Feet
  • Net Operating Income: 1200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3687.00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2015
Sold by
Jackson Michelle
Bought by
Cox Larry W and Ozmon Kelly D
Current Estimated Value
$609,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$255,179
Interest Rate
3.9%
Mortgage Type
Seller Take Back
Estimated Equity
$354,126

Purchase Details

Listed on
Mar 15, 2015
Closed on
Apr 8, 2015
Sold by
Bradley Donald
Bought by
Jackson Michelle
Seller's Agent
Renee Affaitati
Century 21 Top Producers
Buyer's Agent
LINDA OLLIS
Century 21 Top Producers
List Price
$295,000
Sold Price
$250,000
Premium/Discount to List
-$45,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%

Purchase Details

Listed on
Mar 15, 2015
Closed on
Mar 25, 2015
Sold by
Foster Bernice
Bought by
Jackson Michelle
Seller's Agent
Renee Affaitati
Century 21 Top Producers
Buyer's Agent
LINDA OLLIS
Century 21 Top Producers
List Price
$295,000
Sold Price
$250,000
Premium/Discount to List
-$45,000
-15.25%

Purchase Details

Closed on
Dec 14, 2009
Sold by
Gramlich Merlyn E
Bought by
Gramlich Merlyn

Purchase Details

Closed on
Oct 12, 2009
Sold by
Gramlich Merlyn E and Gramlich Elsie L
Bought by
Gramlich Merlyn E

Purchase Details

Closed on
Dec 14, 2006
Sold by
Gramlich Elsie L
Bought by
Gramlich Elsie

Purchase Details

Closed on
Jan 8, 1999
Sold by
Gramlich Merlyn E and Gramlich Elsie L
Bought by
Gramlich Merlyn E and Gramlich Elsie L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cox Larry W $350,000 Wfg National Title
Jackson Michelle -- Wfg Title Company
Jackson Michelle $250,000 Wfg Title Company
Gramlich Merlyn -- None Available
Gramlich Merlyn E -- None Available
Gramlich Merlyn E -- None Available
Gramlich Elsie -- None Available
Gramlich Merlyn E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Larry W $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $250,000 -15.3% $179 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/15/2015 03/15/15 For Sale $295,000 -- $211 / 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 $4,992 $414,321 $94,699 $319,622
2023 $4,992 $398,234 $91,023 $307,211
2022 $4,832 $390,427 $89,239 $301,188
2021 $4,771 $382,773 $87,490 $295,283
2020 $4,767 $378,849 $86,593 $292,256
2019 $4,564 $371,422 $84,896 $286,526
2018 $4,523 $364,140 $83,232 $280,908
2017 $4,424 $357,000 $81,600 $275,400
2016 $4,317 $350,000 $80,000 $270,000
2015 $783 $67,068 $15,839 $51,229
2014 $766 $65,757 $15,530 $50,227
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Renee Affaitati

    Century 21 Top Producers

    Section Image

  • L

    Buyer's Agent in 2015

    LINDA OLLIS

    Century 21 Top Producers

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15054222

California Regional Multiple Listing Service (CRMLS)

APN: 411-131-009

California Riverside County Calimesa 92320

920 5th St, Calimesa, CA

Not Listed for Sale

MultiFamily

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