NOT LISTED FOR SALE

18834 San Bernardino Ave Bloomington, CA 92316

Bloomington Area
4 Beds
3 Baths
3,148 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: September 9, 2014

Last sale price $490,000 $156 Per Sq Ft

49 Days on Market

Highlights

  • 0.4 Acre Lot
  • Evaporated cooling system
  • Wall Furnace
  • No HOA

About This Home

As of September 2014

Four 1 bedroom units plus a separate 3 bedroom 2 bath home.
The four units are attached. They are all 1 bedroom 1 bath units. They are in good condition.
The house is located just to the west of the units on San Bernardino Ave. The home consist of 3 bedrooms 2 baths and a double car garage.

Last Agent to Sell the Property

Ken Galasso

SIERRA REALTY FONTANA INC License #00570875 Listed on: 07/14/2014

Last Buyer's Agent

Jesse Armendarez

SIERRA REALTY FONTANA INC License #01347071

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 17,500 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 3,148 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 324
  • Assessor Parcel Number 0250101250000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Trash Expense $360
  • Water Sewer Expense $2,000
  • New Taxes Expense $7,600
  • Gross Income $4,000
  • Net Operating Income $33,820

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.4 Acres

Parking

2

Listing Details

  • CapRate: 5.80
  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 0250101250000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 155.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Conventional Septic
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 17500.00
  • Lot Size Acres: 0.4020

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 17500.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 33820.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 14180.00
  • Rent Control: No
  • Total Actual Rent: 4000.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7600.00
  • Tax Lot: 324
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2014
Closed on
Aug 26, 2014
Sold by
Bought by
Seller's Agent
Ken Galasso
SIERRA REALTY FONTANA INC
Buyer's Agent
Jesse Armendarez
SIERRA REALTY FONTANA INC
List Price
$585,000
Sold Price
$490,000
Premium/Discount to List
-$95,000
-16.24%

Purchase Details

Closed on
Apr 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0592%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$490,000 Lawyers Title
-- Fidelity National Title Co
-- --
-- --
$75,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $275,000
Previous Owner $200,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/09/2014 09/09/14 Sold $490,000 -16.2% $156 / Sq Ft
09/01/2014 09/01/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $585,000 -- $186 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,516 $600,688 $122,591 $478,097
2025 $7,516 $588,910 $120,187 $468,723
2024 $7,173 $577,362 $117,830 $459,532
2023 $7,187 $566,042 $115,520 $450,522
2022 $7,082 $554,943 $113,255 $441,688
2021 $7,219 $544,061 $111,034 $433,027
2020 $7,246 $538,482 $109,895 $428,587
2019 $7,053 $527,923 $107,740 $420,183
2018 $6,784 $517,571 $105,627 $411,944
2017 $6,546 $507,423 $103,556 $403,867
2016 $6,711 $497,473 $101,525 $395,948
2015 $6,497 $490,000 $100,000 $390,000
2014 $1,767 $135,623 $35,611 $100,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14149442

California Regional Multiple Listing Service (CRMLS)
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