Sold for $483,600

Listed by: Harvest Realty Development • Silvia Zhang • Contact: 626-955-2666

Bought with: Pellego, Inc.

$483,600

1278 N Mount Vernon Ave, Colton, CA 92324

4beds

1,112sqft

Single Family Residence

Built in 1938

7,500 Square Feet Lot

$517,600 Zestimate^®

$435/sqft

$2,854 Estimated rent

Home value

$517,600

$492,000 - $543,000

$2,854/mo

Zestimate^® history

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$3,076/mo

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$3,076/mo

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What's special

Close to marketLarge bonus roomBack alleyShopping centerBrand new kitchen

Investor's Dream Property!! Property features two buildings with 2 Bedrooms, 1 Bath & 1 Bedroom 1 Bath ,main house has a large bonus room in the basement, two electric meters, each unit has a brand new kitchen with the new stove and range . Large lot with back alley allowing access to the rear unit, perfect for adding an ADU, or dividing the lot into two parcel. The seller spent almost $120,000 on renovations? Close to market, shopping center and not far from FWY 10 and FWY 215. Don’t miss this wonderful investment opportunity. Hurry up and make an appointment to view the property!!!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Rooms

Room types: Bedroom, Family Room

Bedroom

Features: All Bedrooms Down

Cooling

Central Air

Appliances

Included: Water Heater
Laundry: Inside

Features

All Bedrooms Down
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 1,112 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: Front
Pool features: None
Has view: Yes
View description: None

Lot

Size: 7,500 Square Feet
Features: 2-5 Units/Acre, Back Yard, Front Yard

Details

Parcel number: 0164031170000
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1938

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Street Lights, Sidewalks

Location

Region: Colton

Financial & listing details

Price per square foot: $435/sqft
Tax assessed value: $492,660
Annual tax amount: $6,139
Date on market: 6/3/2023
Cumulative days on market: 17 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan

Price history

Date	Event	Price
7/24/2023	Sold	$483,600+1%$435/sqft
Source: CRMLS #TR23092581 Report a problem
7/7/2023	Pending sale	$479,000$431/sqft
Source: CRMLS #TR23092581 Report a problem
6/14/2023	Contingent	$479,000$431/sqft
Source: CRMLS #TR23092581 Report a problem
6/3/2023	Listed for sale	$479,000+69.9%$431/sqft
Source: CRMLS #TR23092581 Report a problem
10/18/2021	Sold	$282,000$254/sqft
Source: Public Record Report a problem
10/25/2020	Listing removed	--
Source: Auction.com Report a problem
8/17/2020	Listed for sale	--
Source: Auction.com Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,139 +4.8%	$492,660 +2%
2024	$5,856 +42.1%	$483,000 +45.7%
2023	$4,120 +1.4%	$331,500 +832.9%
2022	$4,062 +746.8%	$35,535 +2%
2021	$480 -0.4%	$34,838 +1%
2020	$482 +2.6%	$34,481 +2%
2019	$469 +1.5%	$33,805 +2%
2018	$462 +3.4%	$33,142 +2%
2017	$447	$32,492 +2%
2016	$447 -2.3%	$31,855 +1.5%
2015	$458 +3.1%	$31,377 +2%
2014	$444	$30,763 +0.5%
2013	--	$30,624 +2%
2012	--	$30,023 +2%
2011	--	$29,434 +0.8%
2010	--	$29,214 -0.2%
2009	--	$29,284 +2%
2008	--	$28,710 +2%
2007	--	$28,147 +2%
2006	--	$27,595 +2%
2005	--	$27,053 +2%
2004	--	$26,523 +1.9%
2003	--	$26,037 +2%
2002	--	$25,526 +2%
2001	--	$25,026 +2%
2000	--	$24,535