NOT LISTED FOR SALE

1064 W 48th St San Bernardino, CA 92407

Estimated Value: $765,763 - $868,000

8 Beds
4 Baths
2,944 Sq Ft
$273/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $690,000 $234 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,118/month

222 Days on Market

Highlights

  • Double Pane Windows
  • Detached Carport Space
  • Carpet
  • Cajon High School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2023

Legal 4 unit building in Arrowhead Farms with central air and heat in each unit. Each unit features 2 bedrooms 1 bathroom. Brand new dual pane windows in all units. The only Vacant unit, unit # 2 has just been remodeled: New flooring - new carpet in living room and bedrooms, and new vinyl in kitchen and bathroom floors. The kitchen is brand. New cabinets and new Quartz stone counters. Unit # 4 are longtime good paying tenants who pay $1,150 per month. Unit # 1 and unit # 3 have renters in default and will have to be evicted. The new buyer will have to inherit all the tenants including the ones who is not paying.

Last Agent to Sell the Property

Eran Fattal

Dynasty Real Estate License #01304180 Listed on: 06/15/2022

Last Buyer's Agent

Janice Harrison

American Home Loans & Realty.c License #01060236

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,934

Year Built

  • Built in 1981

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 71x240

Home Design

  • Quadruplex

Interior Spaces

  • 2,944 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Detached Carport Space

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0265-111-52-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,934

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2944
  • Lot Acreage: 0.3912
  • Lot Dimensions: 71x240
  • Stories: 2
  • Year Built: 1981
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Linoleum, Vinyl
  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 242.87
  • Windows: Double Pane Windows

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessed Improvement Percent: 78.95
  • Assessed Improvement Value: 249823
  • Assessed Land Percent: 21.05
  • Assessed Land Value: 66620
  • Total Assessed Value: 316443
  • Assessor Parcel Number: 0265-111-52-0000
  • Lot Size Area: 17040

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 0.09
  • Number Of Units: 4
  • Total Annual Expense: 5400
  • Type Of Units: 4-plex
  • Vacancy Rate: 25%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jan 12, 2023
Sold by
Ere Investments Llc
Bought by
Harrison Willie
Seller's Agent
Eran Fattal
Dynasty Real Estate
Buyer's Agent
Janice Harrison
American Home Loans & Realty.c
List Price
$739,000
Sold Price
$690,000
Premium/Discount to List
-$49,000
-6.63%
Views
87
Current Estimated Value
$804,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,191
Avg. Annual Appreciation
6.34%
Original Mortgage
$677,502
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2015
Sold by
Khouri Lora
Bought by
Ere Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2013
Sold by
Luna Jose Luis
Bought by
Khouri Lora

Purchase Details

Listed on
Oct 12, 2012
Closed on
Feb 5, 2013
Sold by
Whipple Michael J and Whipple Joan
Bought by
Nationstar Mortgage Llc
Seller's Agent
Lora Luna
Town & Country Real Estate
Buyer's Agent
Lora Luna
Town & Country Real Estate
List Price
$148,500
Sold Price
$140,000
Premium/Discount to List
-$8,500
-5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.99%

Purchase Details

Listed on
Oct 12, 2012
Closed on
Jan 31, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Sayegh Marlein
Seller's Agent
Lora Luna
Town & Country Real Estate
Buyer's Agent
Lora Luna
Town & Country Real Estate
List Price
$148,500
Sold Price
$140,000
Premium/Discount to List
-$8,500
-5.72%

Purchase Details

Closed on
Apr 27, 2006
Sold by
Kepler Timothy and Kepler Peggy
Bought by
Mcgowan Jason

Purchase Details

Closed on
Nov 15, 1999
Sold by
Donevant Jerry
Bought by
Kupris Leslie and Kupris Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.82%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Harrison Willie $690,000 Fidelity National Title
Ere Investments Llc $285,000 Fidelity National Title Co
Khouri Lora -- None Available
Khouri Lora -- None Available
Nationstar Mortgage Llc $298,384 Accommodation
Sayegh Marlein $140,000 First American Title Ins Co
Mcgowan Jason $625,000 First American
Kupris Leslie $240,000 Northern Counties Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harrison Willie $677,502
Previous Owner Ere Investments Llc $199,500
Previous Owner Whipple Michael J $361,600
Previous Owner Whipple Michael J $239,200
Previous Owner Whipple Michael J $30,000
Previous Owner Kupris Leslie $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $690,000 0.0% $234 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/19/2023 01/19/23 Off Market $690,000 -- --
12/11/2022 12/11/22 Price Changed $715,000 -3.2% $243 / Sq Ft
12/07/2022 12/07/22 For Sale $739,000 0.0% $251 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $739,000 +7.1% $251 / Sq Ft
08/24/2022 08/24/22 Off Market $690,000 -- --
08/17/2022 08/17/22 For Sale $739,000 0.0% $251 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/16/2022 07/16/22 Price Changed $739,000 -1.3% $251 / Sq Ft
07/07/2022 07/07/22 For Sale $749,000 0.0% $254 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $749,000 +435.0% $254 / Sq Ft
02/28/2013 02/28/13 Sold $140,000 -5.7% $48 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $148,500 -- $50 / Sq Ft
Source: The MLS

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 $8,934 $717,876 $182,070 $535,806
2024 $8,934 $703,800 $178,500 $525,300
2023 $4,260 $329,226 $69,311 $259,915
2022 $4,269 $322,771 $67,952 $254,819
2021 $4,277 $316,443 $66,620 $249,823
2020 $4,289 $313,198 $65,937 $247,261
2019 $4,162 $307,057 $64,644 $242,413
2018 $3,957 $301,036 $63,376 $237,660
2017 $3,835 $295,133 $62,133 $233,000
2016 $3,721 $289,346 $60,915 $228,431
2015 $2,598 $194,676 $45,083 $149,593
2014 -- $165,750 $40,182 $125,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-168173

The MLS

APN: 0265-111-52