NOT LISTED FOR SALE

16946 Rio Vista St Victorville, CA 92395

Estimated Value: $256,000 - $392,000

5 Beds
3 Baths
1,700 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 03, 2015

Last sale price $129,000 $76 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,726/month

63 Days on Market

Highlights

  • Evaporated cooling system
  • Laundry Room
  • Wall Furnace

About This Home

As of August 2015

Triplex money maker. Positive cash flow galore! The property has a 3 bed 1 bath front house.There is an unpermitted back house with a 2bed 1 bath unit. There is a studio apartment with a common wall. There is a common laundry area with ample locked storage area for the tenants to share. There is parking in the front as well as alley access with up to 4 cars in the back. This Property will cash flow over a thousand dollars a month. what more could you ask for.

Last Agent to Sell the Property

RICHARD MARTINEZ

Richard Martinez, Broker License #01791304 Listed on: 05/31/2015

Last Buyer's Agent

RICHARD MARTINEZ

Richard Martinez, Broker License #01791304 Listed on: 05/31/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 1947

Lot Details

  • 7,100 Sq Ft Lot
  • 1 Common Wall

Parking

  • 5 Parking Spaces

Home Design

  • 1,700 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 98
  • Assessor Parcel Number 0478113300000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Insurance Expense $1,000
  • Trash Expense $500
  • Water Sewer Expense $500
  • New Taxes Expense $850
  • Gross Income $2,340
  • Net Operating Income $1,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,684

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved, Unpaved
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 0478113300000
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 75.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 7100.00
  • Lot Size Acres: 0.1630

Multi Family

  • Average2 Bed Area: 550
  • Average3 Bed Area: 875
  • Average Studio Area: 275
  • Electric Expense: 2400.00
  • Gross Income: 2340.00
  • Gross Scheduled Income: 2340.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7100.0000 Square Feet
  • Net Operating Income: 1840.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 850.00
  • Tax Lot: 40
  • Tax Tract Number: 98.00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2025
Sold by
Martinez Roger S
Bought by
Roger Martinez Living Trust and Martinez
Current Estimated Value
$300,447

Purchase Details

Closed on
Dec 7, 2017
Sold by
Galarza Rafael I Hernandez
Bought by
Martinez Roger S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2015
Closed on
Jul 23, 2015
Sold by
Martinez Rick Martin
Bought by
Galarza Rafael I Hernandez
Seller's Agent
RICHARD MARTINEZ
Richard Martinez, Broker
Buyer's Agent
RICHARD MARTINEZ
Richard Martinez, Broker
List Price
$129,000
Sold Price
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$89,000
Interest Rate
3.98%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Nov 3, 2014
Closed on
Dec 10, 2014
Sold by
Garcia Ruben
Bought by
Martinez Rick Martin and Koenigshofer Paul
Seller's Agent
Rick Pollard
GOOD DEAL REALTY INC
Buyer's Agent
RICHARD MARTINEZ
Richard Martinez, Broker
List Price
$93,555
Sold Price
$87,000
Premium/Discount to List
-$6,555
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.58%
Original Mortgage
$130,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2011
Sold by
Valdez Victor T
Bought by
Garcia Ruben and Rodriguez Sonia Y
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
Roger Martinez Living Trust -- None Listed On Document
Martinez Roger S $120,000 Pacific Coast Title Company
Galarza Rafael I Hernandez $129,000 Title 365
Martinez Rick Martin $87,000 Advantage Title Co
Garcia Ruben $35,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Roger S $90,000
Previous Owner Galarza Rafael I Hernandez $89,000
Previous Owner Martinez Rick Martin $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2015 08/03/15 Sold $129,000 0.0% $76 / Sq Ft
08/02/2015 08/02/15 Pending -- -- --
05/31/2015 05/31/15 For Sale $129,000 +48.3% $76 / Sq Ft
01/06/2015 01/06/15 Sold $87,000 -7.0% $103 / Sq Ft View Prior Sale
11/12/2014 11/12/14 Pending -- -- --
11/04/2014 11/04/14 For Sale $93,555 0.0% $110 / Sq Ft
11/03/2014 11/03/14 Price Changed $93,555 -1.4% $110 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
08/18/2014 08/18/14 Price Changed $94,888 -0.1% $112 / Sq Ft
07/15/2014 07/15/14 For Sale $95,000 -- $112 / 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 $1,684 $142,228 $28,446 $113,782
2024 $1,684 $139,439 $27,888 $111,551
2023 $1,667 $136,705 $27,341 $109,364
2022 $1,638 $134,025 $26,805 $107,220
2021 $1,608 $131,397 $26,279 $105,118
2020 $1,579 $130,050 $26,010 $104,040
2019 $1,553 $127,500 $25,500 $102,000
2018 $1,775 $134,211 $26,842 $107,369
2017 $2,282 $131,580 $26,316 $105,264
2016 $1,704 $129,000 $25,800 $103,200
2015 $494 $37,311 $8,528 $28,783
2014 $485 $36,580 $8,361 $28,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15117006

California Regional Multiple Listing Service (CRMLS)

APN: 0478-113-30