NOT LISTED FOR SALE

Estimated Value: $387,000 - $518,000

8 Beds
4 Baths
3,536 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $260,000 $74 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,446/month

14 Days on Market

Highlights

  • Modern Architecture
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Living Room
  • Tile Flooring
  • Wood Fence

About This Home

As of August 2013

Fantastic newly upgraded Hesperia Quadraplex! Each unit stretches over 880 sqft. And feature 2bd/1bath, each unit also comes equipped with an attached garage, laundry hookups and a private backyard with a covered patio. These units have been upgraded and feature fresh exterior paint, new garage doors, light fixtures, new doors, new carpet in all units, and the front yard has also been freshly landscaped. Currently 3 of the 4 units units are occupied with well established tenants. Do not miss out on this great opportunity!!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 04/25/2013

Last Buyer's Agent

Jose Orozco

Cuong Do License #01253326

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,784

Year Built

  • Built in 1981

Lot Details

  • 0.33 Acre Lot
  • No Common Walls
  • Wood Fence
  • Front Yard Sprinklers

Parking

  • 4 Car Garage

Home Design

  • Modern Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,536 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Assessor Parcel Number 0407183060000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $3,000
  • Net Operating Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,784

Year Built

Built in 1981

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Number: 866-640-3040
  • Property Attached: No
  • View: No
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Parcel Number: 0407183060000
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 73.53
  • Room Type: Living Room

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 14200.00
  • Lot Size Acres: 0.3260

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 3600.00
  • Lot Size Area: 14200.0000 Square Feet
  • Net Operating Income: 3600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 13
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2017
Sold by
Morales Gilberto
Bought by
Morales Gilberto and Morales Reyna
Current Estimated Value
$415,766

Purchase Details

Listed on
Apr 25, 2013
Closed on
Aug 7, 2013
Sold by
Martingale Investments Llc
Bought by
Morales Gilberto
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Jose Orozco
Cuong Do
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$91,000
Outstanding Balance
$67,791
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$329,318

Purchase Details

Closed on
Mar 7, 2013
Sold by
Garcia Marcelino
Bought by
Martingale Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2005
Sold by
Scott Shannon D
Bought by
Garcia Marcelino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,250
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 2, 2005
Sold by
Scott Edwina
Bought by
Scott Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2004
Sold by
Pierce Gregory A and Pierce Cheryl
Bought by
Scott Shannon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.69%
Mortgage Type
Seller Take Back
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
Morales Gilberto -- None Available
Morales Gilberto $130,000 Fidelity National Title
Morales Gilberto -- Fidelity National Title
Martingale Investments Llc $136,501 Fidelity National Title
Garcia Marcelino $555,000 Chicago Title Company
Scott Shannon -- North American Title Company
Scott Shannon D $410,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Gilberto $91,000
Previous Owner Martingale Investments Llc $0
Previous Owner Garcia Marcelino $395,250
Previous Owner Scott Shannon $30,000
Previous Owner Scott Shannon D $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $260,000 +4.0% $74 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $249,900 -- $71 / 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 $1,784 $159,363 $24,518 $134,845
2024 $1,784 $156,238 $24,037 $132,201
2023 $1,765 $153,175 $23,566 $129,609
2022 $1,726 $150,172 $23,104 $127,068
2021 $1,695 $147,227 $22,651 $124,576
2020 $1,676 $145,718 $22,419 $123,299
2019 $1,642 $142,860 $21,979 $120,881
2018 $1,612 $140,059 $21,548 $118,511
2017 $1,584 $137,312 $21,125 $116,187
2016 $1,551 $134,620 $20,711 $113,909
2015 $1,532 $132,598 $20,400 $112,198
2014 $1,512 $130,000 $20,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13074792

California Regional Multiple Listing Service (CRMLS)

APN: 0407-183-06