NOT LISTED FOR SALE

Estimated Value: $490,000 - $612,000

5 Beds
1 Bath
1,970 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $505,000 $256 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,657/month

105 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 1-Story Property

About This Home

As of March 2023

Great 3 unit property located in the city of San Bernardino close to schools and shopping. This property features 3 units 1-3 bedroom 1 bathroom with some upgrades that are an owners delight and two 1 bedroom 1 bath units perfect for first time and seasoned investors. Plenty of parking and yard space to entertain guest and added feature to insure investors should have no problem finding tenants. For buyers considering FHA you can live in one and rent the others. Come see this opportunity it will not last.

Last Agent to Sell the Property

Sergio Martinez

Pak Home Realty License #01358473 Listed on: 09/15/2022

Pak Home Realty

Last Buyer's Agent

LINNET CORIA

SOCAL Brokers License #01490976

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,300

Year Built

  • Built in 1928

Lot Details

  • 4,875 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No Utilities

Listing and Financial Details

  • Legal Lot and Block 3 / 35
  • Tax Tract Number 55
  • Assessor Parcel Number 0145203020000
  • $974 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,100
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,800
  • Operating Expense $9,600
  • Gross Income $25,320
  • Net Operating Income $25,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,300

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Price Per Unit: 166333
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 0145203020000
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 256.35

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4875.00
  • Lot Size Acres: 0.1119

Multi Family

  • Gross Income: 25320.00
  • Gross Multiplier: 13.90
  • Gross Scheduled Income: 34920.00
  • Insurance Expense: 2100.00
  • Lot Size Area: 4875.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 25320.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 9600.00
  • Rent Control: No
  • Total Expenses: 9600.00

Tax Info

  • Tax Block: 35
  • Tax Census Tract: 55.01
  • Tax Lot: 3
  • Tax Tract Number: 0055
  • TaxOtherAnnualAssessmentAmount: 974.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2023
Sold by
Mancilla Family Trust
Bought by
Arauza Mendoza Ignacio
Current Estimated Value
$556,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,853
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2007
Sold by
Mancilla Carlos and Mancilla Magdalena
Bought by
Mancilla Carlos and Mancilla Magdalena

Purchase Details

Closed on
Apr 22, 2004
Sold by
Joyce Latrice M
Bought by
Mancilla Carlos and Mancilla Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2002
Sold by
Sadat Sam and Sadat Rezvan
Bought by
Joyce Latrice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
8.85%

Purchase Details

Closed on
Dec 17, 2001
Sold by
Delgado Angel
Bought by
Sadat Sam and Sadat Rezvan

Purchase Details

Closed on
Oct 4, 2001
Sold by
Delgado Elidia
Bought by
Delgado Angel

Purchase Details

Closed on
Aug 15, 2001
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jan 29, 2001
Sold by
Flores Julian
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Oct 28, 1998
Sold by
T I C Corp
Bought by
Flores Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,288
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 24, 1997
Sold by
Casillas Ernesto M and Casillas Teresa Sp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 25, 1997
Sold by
Casillas Veronica
Bought by
Casillas Ernesto M and Casillas Teresa
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
Arauza Mendoza Ignacio $505,000 California Best Title
Mancilla Carlos -- None Available
Mancilla Carlos $210,000 Southland Title Of Burbank
Joyce Latrice M -- Southland Title Of Burbank
Joyce Latrice M $148,000 Old Republic Title
Sadat Sam -- First American Title Co
Delgado Angel -- Northern Counties Title
Delgado Angel $82,500 Northern Counties Title
Hud -- Landsafe Title
Chase Manhattan Mtg Corp $124,559 Landsafe Title
Flores Julian $117,000 Fidelity National Title
Federal Home Loan Mortgage Corporation $92,367 First American Title Ins Co
Casillas Ernesto M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arauza Mendoza Ignacio $495,853
Previous Owner Mancilla Carlos $266,250
Previous Owner Mancilla Carlos $168,000
Previous Owner Joyce Latrice M $140,600
Previous Owner Flores Julian $116,288
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $505,000 +1.2% $256 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/28/2022 12/28/22 For Sale $499,000 0.0% $253 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $499,000 -3.1% $253 / Sq Ft
09/15/2022 09/15/22 For Sale $515,000 -- $261 / 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 $7,300 $525,402 $104,040 $421,362
2024 $7,300 $515,100 $102,000 $413,100
2023 $3,719 $286,982 $27,331 $259,651
2022 $3,725 $281,355 $26,795 $254,560
2021 $3,732 $275,839 $26,270 $249,569
2020 $3,742 $273,011 $26,001 $247,010
2019 $3,631 $267,658 $25,491 $242,167
2018 $3,590 $262,410 $24,991 $237,419
2017 $3,479 $257,265 $24,501 $232,764
2016 $3,375 $252,221 $24,021 $228,200
2015 $3,287 $248,432 $23,660 $224,772
2014 $3,196 $243,566 $23,197 $220,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22202257

California Regional Multiple Listing Service (CRMLS)

APN: 0145-203-02