NOT LISTED FOR SALE

18508 10th St Bloomington, CA 92316

Estimated Value: $628,000 - $777,000

2 Beds
1 Bath
1,958 Sq Ft
$348/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $285,000 $146 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,629/month

54 Days on Market

About This Home

As of November 2013

Great investment opportunity, three units with 2bd/ 1 bath in each, fully occupied, easy to manage, all tenants have been there for years, each unit has its own garage, close to shopping and freeways.

Last Agent to Sell the Property

Shareef Awad

EMAAR ENTERPRISE License #01849030 Listed on: 08/25/2013

Last Buyer's Agent

LUPITA MEDINA

Homequest Real Estate License #01447152

Homequest Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,470 Sq Ft Lot
  • No Units Above
  • No Common Walls
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • 1,958 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 40
  • Assessor Parcel Number 0259031250000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3
  • Insurance Expense $900
  • Trash Expense $400
  • Water Sewer Expense $950
  • New Taxes Expense $3,300
  • Gross Income $2,400
  • Net Operating Income $23,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 950.00
  • Property Type: Residential Income
  • Parcel Number: 0259031250000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls, No One Above
  • Price Per Square Foot: 145.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6470.00
  • Lot Size Acres: 0.1490

Multi Family

  • Electric Expense: 3.00
  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6470.0000 Square Feet
  • Net Operating Income: 23250.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 5550.00
  • Rent Control: No
  • Total Actual Rent: 2400.00

Tax Info

  • New Taxes Expense: 3300.00
  • Tax Lot: 13
  • Tax Tract Number: 0040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2013
Closed on
Oct 24, 2013
Sold by
S & S Homes Llc
Bought by
Alderete Jose L and Medina Roxane
Seller's Agent
Shareef Awad
EMAAR ENTERPRISE
Buyer's Agent
LUPITA MEDINA
Homequest Real Estate
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Current Estimated Value
$623,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,851
Avg. Annual Appreciation
7.48%
Original Mortgage
$213,750
Outstanding Balance
$158,599
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$522,739

Purchase Details

Listed on
Dec 26, 2012
Closed on
Jun 12, 2013
Sold by
Rivera Armando and Rivera Yolanda
Bought by
S & S Homes Llc
Seller's Agent
JENNIFER REED
FIRST AMERICAN REALTY CO.
Buyer's Agent
JENNIFER REED
FIRST AMERICAN REALTY CO.
List Price
$169,900
Sold Price
$202,125
Premium/Discount to List
$32,225
18.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
131.19%
Original Mortgage
$4,000,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Herrera Jose Luis
Bought by
Rivera Armando and Rivera Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,750
Interest Rate
5.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 15, 2005
Sold by
Herrera Jose Luis
Bought by
Rivera Armando and Rivera Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,750
Interest Rate
5.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 7, 2003
Sold by
Silva Richard and Gonzalez Maria Delcarmen
Bought by
Herrera Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,292
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2002
Sold by
68508 Tenth St Trust
Bought by
Silva Richard and Gonzalez Maria Delcarmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,219
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1999
Sold by
Lacourse Charles M
Bought by
68508 10Th St Trust
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
Alderete Jose L $285,000 Commerce Title Company
S & S Homes Llc $202,500 Lawyers Title Company
Rivera Armando -- Accommodation
Rivera Armando $395,000 North American Title Company
Herrera Jose Luis $240,000 United Title
Silva Richard $180,000 Commerce Title Company
68508 10Th St Trust $87,546 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alderete Jose L $213,750
Previous Owner S & S Homes Llc $4,000,000
Previous Owner Rivera Armando $315,750
Previous Owner Herrera Jose Luis $236,292
Previous Owner Silva Richard $177,219
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2013 11/26/13 Sold $285,000 -4.7% $146 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
08/25/2013 08/25/13 For Sale $299,000 +47.9% $153 / Sq Ft
06/28/2013 06/28/13 Sold $202,125 +19.0% $103 / Sq Ft View Prior Sale
06/01/2013 06/01/13 Pending -- -- --
02/10/2012 02/10/12 For Sale $169,900 -- $87 / 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 $4,330 $349,372 $98,068 $251,304
2024 $4,330 $342,521 $96,145 $246,376
2023 $4,336 $335,805 $94,260 $241,545
2022 $4,272 $329,221 $92,412 $236,809
2021 $4,351 $322,766 $90,600 $232,166
2020 $4,365 $319,456 $89,671 $229,785
2019 $4,251 $313,192 $87,913 $225,279
2018 $4,027 $307,051 $86,189 $220,862
2017 $3,886 $301,030 $84,499 $216,531
2016 $3,984 $295,127 $82,842 $212,285
2015 $3,857 $290,694 $81,598 $209,096
2014 $3,708 $285,000 $80,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13172447

California Regional Multiple Listing Service (CRMLS)

APN: 0259-031-25