NOT LISTED FOR SALE

985 Wellwood Ave Beaumont, CA 92223

Beaumont Area

Estimated Value: $430,000 - $591,000

5 Beds
3 Baths
2,387 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2016

Last sale price $249,500 $105 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,075 / mo

37 Days on Market

Highlights

  • No HOA
  • 2 Attached Carport Spaces
  • Cross Fenced
  • Evaporated cooling system
  • Awning
  • Wall Furnace

About This Home

As of June 2016

WELL MAINTAINED 3 BED. 2 BATH HOUSE WITH A BIG YARD , PATIO AND STORAGE SHED, PLUS A 2 BED. 1 BATH HOUSE WITH CARPORT. NICE INCOME PROPERTY OR LIVE IN ONE AND RENT THE OTHER. VERY NICE NEIGHBORHOOD OF BEAUMONT. 2 BEDIM HOUSE HAS NEW ROOF, WALL HEATER, CARPET AND INTERIOR PAINT. CALL AGENT FOR APPOINTMENT. PLEASE DO NOT DISTURB THE TENETS. SELLER IS WILLING TO CONSIDER CARPET ALLOWANCE FOR NEW CARPET IN 3 BEDROOM HOUSE.

Last Agent to Sell the Property

BRUCE REESE

Mountain View Associates Real Estate License #01203880 Listed on: 03/17/2016

Last Buyer's Agent

Leah Larkin

MY LISTING SOURCE License #01930590

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1958

Lot Details

  • 9,583 Sq Ft Lot
  • No Common Walls
  • Cross Fenced
  • Wood Fence
  • Chain Link Fence
  • Back Yard
  • Density is 2-5 Units/Acre

Home Design

  • 2,387 Sq Ft Home
  • Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Awning

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Disposal
  • Laundry in unit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 1 / 47
  • Tax Tract Number 6
  • Assessor Parcel Number 414201001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $30
  • Water Sewer Expense $120
  • New Taxes Expense $1,480
  • Operating Expense $2,130
  • Gross Income $1,650
  • Net Operating Income $9,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,480

Year Built

Built in 1958

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 120.00
  • Property Type: Residential Income
  • Parcel Number: 414201001
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 104.52

Exterior Features

  • Exterior Features: Awning(s)
  • Fencing: Chain Link, Wood, Cross Fenced
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 30.00
  • Water Source: Public
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, 2-5 Units/Acre
  • Lot Size Sq Ft: 9583.00
  • Price Per Lot Square Foot: 26.04

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 1650.00
  • Gross Scheduled Income: 22200.00
  • Insurance Expense: 500.00
  • Net Operating Income: 9800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Expenses: 2130.00

Tax Info

  • New Taxes Expense: 1480.00
  • Tax Area: riversi
  • Tax Block: 47
  • Tax Lot: 1
  • Tax Tract Number: 006
  • Tax Annual Amount: 1480.00
  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2018
Sold by
Bought by
Current Estimated Value
$504,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2016
Closed on
May 1, 2016
Sold by
Bought by
Seller's Agent
BRUCE REESE
Mountain View Associates Real Estate
Buyer's Agent
Leah Larkin
MY LISTING SOURCE
List Price
$275,000
Sold Price
$249,500
Premium/Discount to List
-$25,500
-9.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$187,125
Interest Rate
0.0366%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Wfg National Title Company O
$249,500 Lawyers Title Company
-- None Available
-- --
$103,500 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $330,000
Closed $210,000
Closed $187,125
Previous Owner $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $249,500 -9.3% $105 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $275,000 -- $115 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,239 $295,350 $53,266 $242,084
2023 $4,239 $283,884 $51,199 $232,685
2022 $3,761 $278,319 $50,196 $228,123
2021 $3,690 $272,862 $49,212 $223,650
2020 $3,970 $270,065 $48,708 $221,357
2019 $3,595 $264,770 $47,753 $217,017
2018 $3,581 $259,579 $46,818 $212,761
2017 $3,525 $254,490 $45,900 $208,590
2016 $1,505 $107,064 $15,794 $91,270
2015 $1,480 $105,457 $15,557 $89,900
2014 $1,481 $103,393 $15,253 $88,140
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    BRUCE REESE

    Mountain View Associates Real Estate

  • L

    Buyer's Agent in 2016

    Leah Larkin

    MY LISTING SOURCE

    (951) 845-5930

    14 Total Sales

    Leah Larkin
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16056846

California Regional Multiple Listing Service (CRMLS)

APN: 414-201-001

California Riverside County Beaumont 92223

985 Wellwood Ave, Beaumont, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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