NOT LISTED FOR SALE

10064 Magnolia St Bloomington, CA 92316

Estimated Value: $700,000 - $1,489,000

10 Beds
8 Baths
5,911 Sq Ft
$180/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $1,275,000 $216 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $6,248/month

6 Days on Market

About This Home

As of July 2024

Don't miss out on this unique 4-unit listing in Bloomington, CA. The owner was building the back 3 units brand new but ran out of money. It’s 90%+ finished. You will need to finish the construction. It only needs the final touches. It has 10 Bedrooms, 8 Bathrooms, 3 separate buildings, and 4 car garage. Permits are still active and are ready for you to step in and finish them. See attached. Unit #1 has 2 bedrooms, 1 bathroom, 896 approx sqft, with a carport. Unit #2 has 4 bedrooms, 4 bathrooms, 2,295 approx sqft, with 2 car attached garage. Unit #3 has 1 bedroom, 1 bathroom, 975 approx sqft, with 1 car attached garage. Unit #4 has 3 bedrooms, 2 bathrooms, 1,745 approx sqft, with 1 car detached garage. This sale includes 2 separate lots.

Last Agent to Sell the Property

DANNY LEMUS

LEMUS PROPERTIES Brokerage Phone: 909-773-2533 License #01257612 Listed on: 06/11/2024

Last Buyer's Agent

DANNY LEMUS

LEMUS PROPERTIES Brokerage Phone: 909-773-2533 License #01257612 Listed on: 06/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,100

Year Built

  • Built in 1928

Lot Details

  • 10,000 Sq Ft Lot
  • Two or More Common Walls
  • 0253051360000

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 5,911 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Location

  • Urban Location

Utilities

  • Water Not Available
  • Sewer on Bond
  • Sewer Applied For Permit
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 5 / A
  • Assessor Parcel Number 0253051370000
  • $1,691 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,100

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 324750
  • Property Attached: Yes
  • Zoning: BL/RS
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0253051370000
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 215.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Sewer Applied for Permit, Sewer On Bond, Sewer Paid
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 0253051360000
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10000.00
  • Lot Size Acres: 0.2296
  • Latitude Manual: 34.07108800

Multi Family

  • Lot Size Area: 10000.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Block: A
  • Tax Census Tract: 36.06
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 1691.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jun 27, 2024
Sold by
Tarsus Capital Group Llc
Bought by
Greenwich Investment Llc
Seller's Agent
DANNY LEMUS
LEMUS PROPERTIES
Buyer's Agent
DANNY LEMUS
LEMUS PROPERTIES
List Price
$1,299,000
Sold Price
$1,275,000
Premium/Discount to List
-$24,000
-1.85%
Views
7
Current Estimated Value
$1,062,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$212,354
Avg. Annual Appreciation
-12.98%

Purchase Details

Closed on
Sep 15, 2021
Sold by
Austin Debby
Bought by
Mitchell Jonathan

Purchase Details

Closed on
Feb 14, 2019
Sold by
Austin Debby L and Austin Debbie L
Bought by
Austin Debby L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2016
Closed on
Oct 27, 2016
Sold by
Em Investments Llc
Bought by
Austin Debbie L
Seller's Agent
Ricardo Carrillo
Quality Real Estate Corp.
Buyer's Agent
TROY GOOCH
Town & Country Real Estate
List Price
$209,000
Sold Price
$209,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.61%
Original Mortgage
$205,214
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 9, 2015
Closed on
Apr 5, 2016
Sold by
Farr Bonnie and Lewis Sharon
Bought by
Em Investments Llc
Seller's Agent
IRENE ORTEGA
DYNASTY REAL ESTATE
Buyer's Agent
IRENE ORTEGA
Kenny Tyrone Stigler, Broker
List Price
$184,000
Sold Price
$150,000
Premium/Discount to List
-$34,000
-18.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.99%
Original Mortgage
$150,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Greenwich Investment Llc $1,275,000 Wfg National Title
Mitchell Jonathan -- None Available
Austin Debby L -- Ticor Title San Diego Branch
Austin Debbie L $209,000 Title 365-Riverside
Em Investments Llc $150,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Austin Debby L $203,000
Previous Owner Austin Debbie L $205,214
Previous Owner Em Investments Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $1,275,000 -1.8% $216 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $1,299,000 +521.5% $220 / Sq Ft
10/01/2016 10/01/16 Sold $209,000 0.0% $233 / Sq Ft View Prior Sale
07/14/2016 07/14/16 For Sale $209,000 +39.3% $233 / Sq Ft
04/20/2016 04/20/16 Sold $150,000 -18.5% $167 / Sq Ft View Prior Sale
12/21/2015 12/21/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $184,000 0.0% $205 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $184,000 -- $205 / 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 $8,100 $705,000 $155,000 $550,000
2024 $8,100 $655,452 $130,050 $525,402
2023 $8,117 $642,600 $127,500 $515,100
2022 $8,270 $550,000 $110,000 $440,000
2021 $3,067 $224,090 $56,022 $168,068
2020 $3,075 $221,793 $55,448 $166,345
2019 $2,996 $217,444 $54,361 $163,083
2018 $2,792 $213,180 $53,295 $159,885
2017 $2,694 $209,000 $52,250 $156,750
2016 $1,281 $94,593 $30,723 $63,870
2015 $1,241 $93,173 $30,262 $62,911
2014 $1,192 $91,348 $29,669 $61,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24119135

California Regional Multiple Listing Service (CRMLS)

APN: 0253-051-37