NOT LISTED FOR SALE

1161 Barstow Rd Barstow, CA 92311

Estimated Value: $352,293 - $701,000

9 Beds
7 Baths
4,057 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 30, 2012

Last sale price $103,000 $25 Per Sq Ft

Est. 413% increase in value since last sale

Current estimated payment $3,079/month

16 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Laundry Room
  • Turnkey

About This Home

As of January 2012

OUTSTANDING INVESTMENT PROPERTY, RENTS TOTAL OVER $2,300 PER MONTH. STANDARD SALE. RECENTLY RENOVATED IN 2011. 4 UNITS CONSISTING OF 1ea 3 BEDROOM, 3ea 2 BEDROOMS WITH 4 SINGLE CAR GARAGES AND A LAUNDRY ROOM. OWNER WILL CARRY WITH 35% DOWN. OWNER IS THE LISTING AGENT.

Last Agent to Sell the Property

JOSEPH MARECEK

DESERT HIGH REALTY INC License #01020121 Listed on: 01/11/2012

Last Buyer's Agent

Sonya Dod

MESA PROPERTIES INC. License #01055445

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 1984

Lot Details

  • 9,975

Parking

  • 4 Car Garage

Home Design

  • Turnkey

Interior Spaces

  • 4,057 Sq Ft Home
  • Propane Fireplace
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Additional Features

  • 9,975 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 10916
  • Assessor Parcel Number 0183181360000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $1,250
  • Trash Expense $500
  • Water Sewer Expense $2,250
  • New Taxes Expense $1,800
  • Gross Income $2,350
  • Net Operating Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,461

Year Built

Built in 1984

Lot Details

0

Parking

4

Listing Details

  • Water Sewer Expenses: 2250.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 0183181360000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet
  • Fireplace Features: Propane
  • Levels: Two
  • Price Per Square Foot: 25.39

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9975.00
  • Lot Size Acres: 0.2300

Multi Family

  • Average2 Bed Area: 800
  • Average3 Bed Area: 900
  • Electric Expense: 500.00
  • Gross Income: 2350.00
  • Gross Scheduled Income: 28200.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 9975.0000 Square Feet
  • Net Operating Income: 20700.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1800.00
  • Taxes Percent: 1.25
  • Tax Lot: 6
  • Tax Tract Number: 10916
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2012
Sold by
Shwetz Stephen Martin and Shwetz Sheryl L
Bought by
Shwetz Stephen M and Shwetz Sheryl L
Current Estimated Value
$528,573

Purchase Details

Closed on
Jun 21, 2012
Sold by
Shwetz Stephen M and Shwetz Sheryl L
Bought by
Shwetz Stephen M and Shwetz Sheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2012
Closed on
Jan 18, 2012
Sold by
Marecek Joseph Frank
Bought by
Shwetz Stephen M and Shwetz Sheryl L
Seller's Agent
JOSEPH MARECEK
DESERT HIGH REALTY INC
Buyer's Agent
Sonya Dod
MESA PROPERTIES INC.
List Price
$124,500
Sold Price
$103,000
Premium/Discount to List
-$21,500
-17.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$75,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2010
Sold by
Hsbc Bank Usa N A
Bought by
Marecek Joseph Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2009
Sold by
Magana Jesus
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Mar 6, 2007
Sold by
Delrosario Maria
Bought by
Magana Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,400
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2007
Sold by
Gallardo Fernando J and Gallardo Ferando J
Bought by
Magana Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,400
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2001
Sold by
Hernandez Beatriz
Bought by
Gallardo Ferando J

Purchase Details

Closed on
Jan 7, 1998
Sold by
Stewart Maxine B
Bought by
Hernandez Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.02%
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
Shwetz Stephen M -- None Available
Shwetz Stephen M -- Chicago Title Company
Shwetz Stephen M $103,000 Chicago Title
Marecek Joseph Frank $85,000 Lsi Title Company
Hsbc Bank Usa Na $195,300 None Available
Magana Jesus -- Stewart Title Guaranty
Magana Jesus $383,000 Stewart Title Guaranty
Gallardo Ferando J -- --
Hernandez Beatriz $75,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Christopher M $185,000
Closed Shwetz Stephen M $73,500
Closed Shwetz Stephen M $75,000
Previous Owner Marecek Joseph Frank $50,000
Previous Owner Magana Jesus $306,400
Previous Owner Hernandez Beatriz $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2012 01/30/12 Sold $103,000 -17.3% $25 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $124,500 -- $31 / 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 $2,461 $224,922 $59,191 $165,731
2024 $2,461 $220,511 $58,030 $162,481
2023 $2,407 $216,187 $56,892 $159,295
2022 $2,396 $211,948 $55,776 $156,172
2021 $2,463 $207,792 $54,682 $153,110
2020 $2,328 $205,661 $54,121 $151,540
2019 $2,205 $201,629 $53,060 $148,569
2018 $2,311 $197,676 $52,020 $145,656
2017 $2,089 $193,800 $51,000 $142,800
2016 $1,220 $109,287 $21,221 $88,066
2015 $1,195 $107,645 $20,902 $86,743
2014 $1,186 $105,537 $20,493 $85,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12004852

California Regional Multiple Listing Service (CRMLS)

APN: 0183-181-36