tomo logo

$1,400,000

Beds
3
Baths
2.5
sq ft
1,408

1165 W Olive St, Colton, CA 92324

1165 W Olive St

Colton, CA 92324

  • 682 days on market
    • Price drop $90,000↓
ATTENTION ATTENTION INVESTORS OR RANCH LOVERS !!!... TAKE ADVANTAGE OF THE NEW PRICE, ONLY $1,400,000......INCLUDES 3.3 ACRES OF LAND AND A 3 BEDROOM 2 BATH HOME. PLUS A BARN AND A MOBILE HOME USE AS AN OFFICE...CAN'T FIND ANYTHING SIMILAR IN THE INLAND EMPIRE. CHECK AROUND THAN CALL ME.... EXCELLENT OPPORTUNITY TO BUILD UP TO 18 HOMES....OR CHURCH, ADULT-DAY CARE, MIXED LAND, MANY POSSIBILITIES.. DON'T MISS THIS EXCELLENT OPPORTUNITY* .YOU CAN BRING HERE AN ADULT DAY CARE. NURSERY, SCHOOL, CHURCH, ETC. FOR MORE INFORMATION CHECK WITH THE CITY OF COLTON. POTENTIAL BUYERS AND AGENTS MUST DO THEIR OWN DD. CURRENTLY HUGE PRICE REDUCTION !! DON'T MISS THIS OPPORTUNITY!!

Details

Property type

Single Family Residence

Est. home value

$1,847,661

Lot size

3.3 acres

Price per sq ft

$995

Year built

1964

HOA

No

Price History

10/05/2024
CRMLS

CRMLS #CV23025060

Price change
$1,400,000
-6.04%
08/12/2024
CRMLS

CRMLS #CV23025060

Price change
$1,490,000
-6.82%
08/05/2024
CRMLS

CRMLS #CV23025060

Price change
$1,599,000
-3.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks, Park

High school district: 

Colton Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Israel Gonzalez

Loan start date

March 2007

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

Not Provided

Seller

Francisco Macias

Lender

Washington Mutual Bank Fa

Loan start date

March 2007

Original loan amount

$703,000

Est. remaining balance

Not provided

Interest rate

8.64%

Loan type

Not Provided, 30 year

Seller

Francisco Macias

Lender

Millennium Mortgage Corp

Loan start date

July 2006

Original loan amount

$675,000

Est. remaining balance

Not provided

Interest rate

8.25%

Loan type

Not Provided, 30 year

Seller

Francisco Macias

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/26/2024 at 11:15 PM

Listing updated: 12/13/2024 at 11:25 AM

Listed by: Rosalba Farias, RE/MAX CHAMPIONS Phone #: (909) 949-0605

MLS: CRMLS #CV23025060

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