NOT LISTED FOR SALE

Estimated Value: $366,000 - $572,000

5 Beds
2 Baths
1,560 Sq Ft
$284/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $311,000 $199 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,779/month

139 Days on Market

Highlights

  • 0.34 Acre Lot
  • Workshop
  • Two Homes on a Lot
  • Colonial Architecture
  • Separate Outdoor Workshop
  • Cooling Available

About This Home

As of April 2019

Multi Family Property, $$$ Super affordable price for a Multi- Family!!! Live in One and rent the other! Key Location in San Bernardino, It has home 3 bedroom one bath and a the second unit is a 2 bedroom one bath. County shows 2 bedroom for the main house, buyer to verify. Tremendous opportunity to own and earn a rental income at the same time, it is a MUST SEE, this property offers more than what it sounds. It has iron fence through out,there is a third back unit unpermitted , please see information agent's remarks., and a shop with own entrance and metal door. Lot is spacious and both houses have their own private back Yard. Almost a corner location for accessibility, there is an alley to go to the back shop and back unit. Please see agent's remarks for Showing!

Last Agent to Sell the Property

ALICIA MEDEL

MEDEL REALTY TEAM License #01177242 Listed on: 11/16/2018

Co-Listed By

ROSA GONZALEZ

MEDEL REALTY TEAM License #01295907

Last Buyer's Agent

ALMA VILLALPANDO

CENTRAL FINANCIAL & REALTY License #01779461

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,402

Year Built

  • Built in 1942

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Wire Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Carport
  • Parking Available

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Cottage
  • Combination Foundation
  • Raised Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Workshop
  • Fire and Smoke Detector
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding
  • Rain Gutters

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Source of electricity is unknown
  • 220 Volts in Garage
  • Private Water Source
  • Water Heater
  • Septic Type Unknown

Additional Features

  • More Than Two Accessible Exits
  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 21
  • Tax Tract Number 2523
  • Assessor Parcel Number 0279301140000

Community Details

Overview

  • 4 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $900
  • Trash Expense $70
  • New Taxes Expense $239
  • Operating Expense $4,609
  • Gross Income $2,400
  • Net Operating Income $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,402

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Smoke Detector(s)
  • Architectural Style: Colonial, Contemporary, Cottage
  • Property Type: Residential Income
  • Parcel Number: 0279301140000
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 199.36
  • Room Type: All Bedrooms Down, Basement, Kitchen, Living Room, Workshop

Exterior Features

  • Foundation: Combination, Concrete Perimeter, Raised
  • Other Structures: Outbuilding, Storage, Two On A Lot, Workshop
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wire, Wood, Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: 220 Volts in Garage, Electricity - On Property, Electricity - Unknown
  • Heating Type: Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Septic Type Unknown
  • Trash Expense: 70.00
  • Water Source: Private
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 15000.00
  • Lot Size Acres: 0.3444

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 672 Square Feet
  • Average3 Bed Area: 888 Square Feet
  • Gross Income: 2400.00
  • Gross Scheduled Income: 2400.00
  • Insurance Expense: 900.00
  • Lot Size Area: 15000.0000 Square Feet
  • Net Operating Income: 2200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 239.08
  • Rent Control: No
  • Total Expenses: 4609.00

Tax Info

  • New Taxes Expense: 239.08
  • Tax Census Tract: 65.00
  • Tax Lot: 21
  • Tax Tract Number: 2523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2019
Sold by
Moreno Carlos S
Bought by
Avila Ontiveros Hector Avina and Avila Avina Nansi
Current Estimated Value
$443,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2016
Closed on
Nov 9, 2016
Sold by
Velasco Hector D
Bought by
Moreno Carlos S
Seller's Agent
ALICIA MEDEL
RE/MAX IMPACT
Buyer's Agent
ALICIA MEDEL
RE/MAX IMPACT
List Price
$269,900
Sold Price
$210,000
Premium/Discount to List
-$59,900
-22.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$157,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2016
Closed on
Nov 2, 2016
Sold by
Moreno Leticia A
Bought by
Moreno Carlos S
Seller's Agent
ALICIA MEDEL
RE/MAX IMPACT
Buyer's Agent
ALICIA MEDEL
RE/MAX IMPACT
List Price
$269,900
Sold Price
$210,000
Premium/Discount to List
-$59,900
-22.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2007
Sold by
Velasco Hector D and Velasco Celia
Bought by
Velasco Hector D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2001
Sold by
Community Alliance Development Inc
Bought by
Velasco Hector and Velasco Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,053
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2000
Sold by
Hud
Bought by
Community Alliance Development Inc

Purchase Details

Closed on
Aug 16, 2000
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
May 1, 2000
Sold by
Lee Young An
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Nov 10, 1993
Sold by
Lee Young An and Soo Lee Fung Man
Bought by
Lee Young An and Soo Lee Fung Man

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,134
Interest Rate
7.09%
Mortgage Type
FHA
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
Avila Ontiveros Hector Avina $311,000 Stewart Title
Moreno Carlos S $210,000 Stewart Title Of Ca Inc
Velasco Hector D -- Stewart Title Of Ca Inc
Moreno Carlos S -- Stewart Title Company
Velasco Hector D -- Fidelity National Title
Velasco Hector $126,000 Orange Coast Title Co
Community Alliance Development Inc $36,000 Orange Coast Title
Hud $73,312 Fidelity National Title
Homeside Lending Inc $73,312 Fidelity National Title Ins
Lee Young An -- Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ontiveros Hector Avina $340,000
Previous Owner Avila Ontiveros Hector Avina $248,800
Previous Owner Moreno Carlos S $157,500
Previous Owner Velasco Hector D $169,000
Previous Owner Velasco Hector $142,000
Previous Owner Velasco Hector $124,053
Previous Owner Lee Young An $25,000
Previous Owner Lee Young An $71,134
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $311,000 -11.1% $199 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
11/16/2018 11/16/18 For Sale $349,900 +66.6% $224 / Sq Ft
11/26/2016 11/26/16 Sold $210,000 -22.2% $135 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $269,900 -- $173 / 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 $4,402 $346,927 $83,664 $263,263
2024 $4,402 $340,125 $82,024 $258,101
2023 $4,292 $333,456 $80,416 $253,040
2022 $4,301 $326,917 $78,839 $248,078
2021 $4,310 $320,507 $77,293 $243,214
2020 $4,322 $317,220 $76,500 $240,720
2019 $2,994 $218,484 $62,424 $156,060
2018 $2,960 $214,200 $61,200 $153,000
2017 $2,869 $106,465 $19,474 $86,991
2016 $1,398 $104,377 $19,092 $85,285
2015 $1,271 $102,809 $18,805 $84,004
2014 $1,234 $100,795 $18,437 $82,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18276950

California Regional Multiple Listing Service (CRMLS)

APN: 0279-301-14