NOT LISTED FOR SALE

Estimated Value: $444,228 - $604,000

4 Beds
3 Baths
1,917 Sq Ft
$281/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $147,000 $77 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $3,035/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Siding
  • Heating Available

About This Home

As of January 2013

Income property in the heart of San Bernardino Tenants LOVE this triplex, conveniently located close to schools, shopping, and freeways but you don t have to worry about that because all three units are rented. Freshly painted exterior and crisp landscaping invite you in to the property consisting of 2 one bedroom / one bath units and 1 two bedroom / one bath unit AND a detached 3 car garage. But wait, it gets better .can you believe the 1/1s are only renting for $600 per month and the 2/1 for $800 per month? The seller s loss is your gain. Plenty of profit potential here! Submit your offer today and you could be skipping all the way to the bank next month.

Last Agent to Sell the Property

Greg Kamin

Sun Tag Properties License #01173655 Listed on: 10/26/2012

Last Buyer's Agent

Billie Chace

Grand Avenue Realty & Lending License #01422336

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,875 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 3 Car Garage

Home Design

  • 1,917 Sq Ft Home
  • Contemporary Architecture
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 11 / 35
  • Assessor Parcel Number 0145201280000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,000
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 14.55
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 0145201280000
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 76.68

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Electric

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50x150
  • Lot Size Sq Ft: 4875.00
  • Lot Size Acres: 0.1120

Multi Family

  • Gross Income: 2000.00
  • Gross Multiplier: 6.87
  • Gross Scheduled Income: 24000.00
  • Net Operating Income: 24000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 7012
  • Tax Block: 35
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2012
Closed on
Jan 3, 2013
Sold by
Wamu Servicing Lp
Bought by
Salinas Guillermo A
Seller's Agent
Greg Kamin
Sun Tag Properties
Buyer's Agent
Billie Chace
Grand Avenue Realty & Lending
List Price
$164,900
Sold Price
$147,000
Premium/Discount to List
-$17,900
-10.86%
Current Estimated Value
$539,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,057
Avg. Annual Appreciation
10.59%
Original Mortgage
$110,250
Outstanding Balance
$76,298
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$462,759

Purchase Details

Listed on
Oct 26, 2012
Closed on
Dec 12, 2012
Sold by
Salinas Evelin
Bought by
Salinas Guillermo A
Seller's Agent
Greg Kamin
Sun Tag Properties
Buyer's Agent
Billie Chace
Grand Avenue Realty & Lending
List Price
$164,900
Sold Price
$147,000
Premium/Discount to List
-$17,900
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Outstanding Balance
$76,298
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$462,759

Purchase Details

Closed on
Sep 13, 2012
Sold by
Moreno Robert
Bought by
Wamu Servicing Lp

Purchase Details

Closed on
Dec 15, 2003
Sold by
Zanjani Hamid and Zanjani Farahnaz
Bought by
Moreno Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2003
Sold by
Zanjani Hamid
Bought by
Zanjani Hamid and Zanjani Farahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
5.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 7, 1997
Sold by
Zanjani Farahnaz
Bought by
Zanjani Hamid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.91%

Purchase Details

Closed on
Nov 8, 1996
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Nov 1, 1996
Sold by
Manzo Jose L and Sanchez Maria
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Aug 17, 1996
Sold by
Maria Aragon Lillie
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Mar 7, 1994
Sold by
Manzo Jose L and Sanchez Maria Delos Angeles
Bought by
Manzo Jose L and Sanchez Maria Delos Angeles
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salinas Guillermo A $147,000 Stewart Title Company
Salinas Guillermo A -- Stewart Title Company
Wamu Servicing Lp $113,300 Accommodation
Moreno Robert $180,000 Fidelity National Title Co
Zanjani Hamid -- Stewart Title Company
Zanjani Hamid -- Lawyers Title Company
Zanjansani Hamid $72,000 Continental Lawyers Title Co
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $125,741 Fidelity National Title Ins
Norwest Mtg Inc -- --
Manzo Jose L -- --
Aragon Lillie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salinas Guillermo A $110,250
Previous Owner Moreno Robert $144,000
Previous Owner Zanjani Hamid $101,500
Previous Owner Zanjansani Hamid $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2013 01/15/13 Sold $147,000 -10.9% $77 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $164,900 -- $86 / 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 $2,384 $181,019 $32,017 $149,002
2024 $2,384 $177,469 $31,389 $146,080
2023 $2,324 $173,990 $30,774 $143,216
2022 $2,327 $170,579 $30,171 $140,408
2021 $2,329 $167,234 $29,579 $137,655
2020 $2,333 $165,520 $29,276 $136,244
2019 $2,266 $162,275 $28,702 $133,573
2018 $2,241 $159,093 $28,139 $130,954
2017 $2,172 $155,973 $27,587 $128,386
2016 $2,107 $152,915 $27,046 $125,869
2015 $1,995 $150,618 $26,640 $123,978
2014 $1,940 $147,667 $26,118 $121,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P839330

California Regional Multiple Listing Service (CRMLS)

APN: 0145-201-28