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502 Villa Way

502 Villa Way, Colton, CA 92324
Property in San Bernardino
Sold Apr 15, 2022
$560,000
$532,000 by Bay-valley Mortgage Group
Mortgage Due May 01, 2052
Sold Jan 31, 2020
$376,000
$300,720 by Hsbc Bank Usa
Mortgage Due Feb 01, 2050
502 Villa Way has been categorized by the local assessors in Colton, CA as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 502 Villa Way has 1,836 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 488 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 502 Villa Way sold most recently in Apr 6, 2022 for a total of $560,000. If you work out the math, that's approximately a cost of $240.96 per sqft. Before that, the property was also sold for $376,000 in Jan 30, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,812 in taxes each year. The initial year of tax delinquency occurred in 2020. 502 Villa Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $387,400. If we break it down further, the land itself was valued at $116,271. Improvements to the property, however, were assessed at a total of $271,129. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Modern
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 488
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 2,400
  • Total Building Area: 2,324
  • Gross Building Area: 2,324
  • Building Area: 1,836
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,836
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF TRACT NO 18738
  • Land Acres: 0.055
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: TRACT 18738 LOT 19 BOOK 351 PAGE 70 AND INT IN COMMON AREA

Ownership

  • Current Owner : ORTEGA JONATHAN YANOVER GIL
  • Previous Owner : STEPHEN LEE RYAN
  • Owner Before Previous Owner: MV GV LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colton Joint Unified School District
  • Census Tract: 012500

Geography

  • Subdivision Tract Number: 18738
  • Parcel: 0162-107-79-0000
  • Lot: 19
  • Municipality: SAN BERNARDINO
  • Latitude: 34.0675
  • Longitude: -117.32

    Address

  • Full Address: 502 Villa Way
  • Address - House Number: 502
  • Address - Street Name: Villa
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Colton
  • Carrier Code: C001
  • 4-Digit Zip Code: 3075
  • Zip Code: 92324

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,812
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 002-076

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 70
  • Final Value: 535,308
  • High Value: 649,477
  • Low Value: 421,139

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $532,000
  • First Open Lien Mortgage Lender: BAY-VALLEY MORTGAGE GROUP
  • First Open Lien Mortgage Recording Date: Apr 15, 2022
  • First Open Lien Mortgage Loan Amount: $532,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $387,400
  • Assessed Land Value: $116,271
  • Assessed Improvements Value: $271,129

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: Apr 15, 2022
  • Current Sale Transaction ID: 11884809853
  • Current Sale Price: $560,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 142052
  • Previous Sale Recording Date: Jan 31, 2020
  • Previous Sale Contract Date: Jan 30, 2020
  • Previous Sale Amount: $376,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY-VALLEY MORTGAGE GROUP
  • First Mortgage Transaction Date: Apr 15, 2022
  • First Mortgage Loan Amount: $532,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HSBC BANK USA
  • Previous Mortgage Transaction Date: Jan 31, 2020
  • Previous Mortgage Loan Amount: $300,720
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2050

About Colton



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Frequently Asked Questions

What neighborhood is 502 Villa Way located in?
The 502 Villa Way is a located in the neighborhood of San Bernardino in Colton, Colton.
What is the average sales price for listings in 502 Villa Way?
The average sales price for units in 502 Villa Way is $0 currently.

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