NOT LISTED FOR SALE

16937 Rio Vista St Victorville, CA 92395

Estimated Value: $301,000 - $325,476

4 Beds
2 Baths
2 Sq Ft
$159,060/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $276,000 $138,000 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,959/month

112 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • 1-Story Property

About This Home

As of April 2023

CALLING ALL INVESTORS!!!! Come and take a look at this duplex listed at the right price! It is sold as is, and does need some TLC but has lots of potential. Don't miss this opportunity.

Last Agent to Sell the Property

Tina Rubio

Justina Rubio, Broker License #01961952 Listed on: 10/14/2022

Last Buyer's Agent

Joanna Jimenez

Realty ONE Group Southwest License #01230295

Realty ONE Group Southwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,405

Year Built

  • Built in 1924

Lot Details

  • 10,650 Sq Ft Lot
  • No Common Walls
  • No Landscaping

Home Design

  • Duplex

Interior Spaces

  • 2 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 48
  • Tax Tract Number 13
  • Assessor Parcel Number 0478113220000
  • $390 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Valley

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,300
  • Operating Expense $2,500
  • Gross Income $15,900
  • Net Operating Income $13,066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,405

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1300.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0478113220000
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 10650.00
  • Lot Size Acres: 0.2445

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 15900.00
  • Gross Operating Income: 15243.00
  • Gross Scheduled Income: 15900.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 10650.0000 Square Feet
  • Net Operating Income: 13066.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2357.00
  • Rent Control: No
  • Total Expenses: 2500.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 98.00
  • Tax Lot: 48
  • Tax Tract Number: 13
  • TaxOtherAnnualAssessmentAmount: 390.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2023
Sold by
Carbajal Brittany Devine Perez
Bought by
Palafox Elias S and Palafox Maria F
Current Estimated Value
$318,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2017
Sold by
Concha Rodolfo
Bought by
Carbajal Brittany Devine Perez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,364
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2001
Sold by
Ciarrocchi Roger
Bought by
Concha Rodolfo and Concha Marie Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.92%

Purchase Details

Closed on
Apr 24, 2000
Sold by
Grasslands Inc Usa
Bought by
Ciarrocchi Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,750
Interest Rate
8.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Grasslands Inc Usa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,250
Interest Rate
7.68%

Purchase Details

Closed on
May 3, 1999
Sold by
Sandoval Jose
Bought by
Washington Mutual Bank Fa and American Svgs Bank Fa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palafox Elias S $276,000 California Best Title
Carbajal Brittany Devine Perez $160,000 Wfg National Title Company
Concha Rodolfo $57,500 First American Title Ins Co
Ciarrocchi Roger -- First American Title Ins Co
Ciarrocchi Roger -- First American Title Ins Co
Grasslands Inc Usa $21,500 Chicago Title Co
Washington Mutual Bank Fa $54,030 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palafox Elias S $207,000
Previous Owner Carbajal Brittany Devine Perez $191,364
Previous Owner Concha Rodolfo $58,500
Previous Owner Ciarrocchi Roger $35,750
Previous Owner Grasslands Inc Usa $32,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2023 04/17/23 Sold $276,000 -1.4% $138,000 / Sq Ft
02/07/2023 02/07/23 For Sale $280,000 +1.4% $140,000 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/27/2023 01/27/23 Off Market $276,000 -- --
01/05/2023 01/05/23 For Sale $280,000 +1.4% $140,000 / Sq Ft
01/04/2023 01/04/23 Off Market $276,000 -- --
11/30/2022 11/30/22 Price Changed $280,000 0.0% $140,000 / Sq Ft
11/30/2022 11/30/22 For Sale $280,000 -15.1% $140,000 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $329,900 -5.6% $164,950 / Sq Ft
10/14/2022 10/14/22 For Sale $349,500 -- $174,750 / 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 $3,405 $287,150 $62,424 $224,726
2024 $3,405 $281,520 $61,200 $220,320
2023 $2,138 $174,983 $43,746 $131,237
2022 $2,101 $171,552 $42,888 $128,664
2021 $2,072 $168,188 $42,047 $126,141
2020 $2,034 $166,464 $41,616 $124,848
2019 $2,001 $163,200 $40,800 $122,400
2018 $1,016 $76,148 $10,594 $65,554
2017 $996 $74,655 $10,386 $64,269
2016 $976 $73,191 $10,182 $63,009
2015 $942 $72,092 $10,029 $62,063
2014 $925 $70,680 $9,833 $60,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22222607

California Regional Multiple Listing Service (CRMLS)

APN: 0478-113-22