NOT LISTED FOR SALE

Estimated Value: $634,000 - $795,000

8 Beds
8 Baths
4,216 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 04, 2014

Last sale price $304,000 $72 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $4,123/month

17 Days on Market

Highlights

  • 0.41 Acre Lot
  • Living Room
  • Forced Air Heating and Cooling System
  • Traditional Architecture
  • Laundry Room
  • Level Lot

About This Home

As of March 2014

Perfect opportunity to begin or expand you investment portfolio. The quadraplex is perfectly situated in Hesperia and close to the freeway. The vacant units are rent ready as they have been completely renovated with new interior paint, carpet, vinyl floors, fixtures, appliances, and new seepage pits installed for each set of units.

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 01/10/2014

Last Buyer's Agent

Olivia Vasquez

Gary Johnson Realty License #01882321

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.41 Acre Lot
  • 1 Common Wall
  • Chain Link Fence
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,216 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 5375
  • Assessor Parcel Number 0405194130000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,800
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.41 Acres

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0405194130000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 72.11
  • Room Type: Living Room

Exterior Features

  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 17854.00
  • Lot Size Acres: 0.4100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 17854.0000 Square Feet
  • Net Operating Income: 33600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 5375
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2014
Closed on
Feb 25, 2014
Sold by
Reynoso Elizabeth Marie
Bought by
Reynoso Arthur
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Olivia Vasquez
Gary Johnson Realty
List Price
$299,900
Sold Price
$304,000
Premium/Discount to List
$4,100
1.37%
Current Estimated Value
$726,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,000
Avg. Annual Appreciation
7.49%
Original Mortgage
$228,000
Outstanding Balance
$172,571
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$553,429

Purchase Details

Listed on
Jan 10, 2014
Closed on
Feb 21, 2014
Sold by
Martingale Investments Llc
Bought by
Reynoso Arthur
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Olivia Vasquez
Gary Johnson Realty
List Price
$299,900
Sold Price
$304,000
Premium/Discount to List
$4,100
1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$172,571
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$553,429

Purchase Details

Closed on
Oct 18, 2013
Sold by
Hoang Trang T
Bought by
Martinale Investments Llc

Purchase Details

Closed on
Apr 6, 2009
Sold by
Hoang Trang T
Bought by
Do Ton

Purchase Details

Closed on
Jun 28, 2007
Sold by
Le Sophia
Bought by
Hoang Trang T and Do Ton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2005
Sold by
Brewer Jim
Bought by
Le Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1998
Sold by
Brewer Jimmy C
Bought by
Brewer Jim and The Brewer Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reynoso Arthur -- Advantage Title Co
Reynoso Arthur $304,000 Advantage Title Co
Martinale Investments Llc $202,500 Accommodation
Do Ton -- None Available
Hoang Trang T $505,000 Orange Coast Title
Le Sophia $425,000 First American
Le Sophia -- First American
Brewer Jim -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynoso Arthur $228,000
Previous Owner Hoang Trang T $378,750
Previous Owner Le Sophia $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2014 03/04/14 Sold $304,000 +1.4% $72 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $299,900 -- $71 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,147 $372,662 $44,131 $328,531
2024 $4,053 $365,355 $43,266 $322,089
2023 $4,009 $358,192 $42,418 $315,774
2022 $3,917 $351,168 $41,586 $309,582
2021 $3,846 $344,283 $40,771 $303,512
2020 $3,801 $340,753 $40,353 $300,400
2019 $3,722 $334,072 $39,562 $294,510
2018 $3,651 $327,521 $38,786 $288,735
2017 $3,587 $321,099 $38,025 $283,074
2016 $3,525 $314,803 $37,279 $277,524
2015 -- $310,074 $36,719 $273,355
2014 $2,582 $220,000 $35,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14006527

California Regional Multiple Listing Service (CRMLS)

APN: 0405-194-13

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