NOT LISTED FOR SALE

Estimated Value: $742,505 - $965,000

5 Beds
5 Baths
4,285 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 14, 2012

Last sale price $220,000 $51 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $4,896/month

100 Days on Market

Highlights

  • Traditional Architecture
  • Wood Siding
  • No Heating
  • Tile Flooring

About This Home

As of May 2012

REDUCED PRICE FOR A FASTER SALE! Excellent investment opportunity! Great project for the seasoned investor. These four units offer a magnificent cash flow opportunity for the right investor. Property conveniently located within walking distance to schools, shopping center and easy access to freeways. Three units with 2 bedrooms and 2 bathrooms, Main floor unit with 3 bedrooms and 2 bathrooms. Regular sale! No Banks to deal with fast response from seller. Area being rehabilitated by the city of San Bernardino. Some of the projects are; a senior citizen facility, rental units owned and operated by the city.

Last Agent to Sell the Property

Angel Nicanor

Seven Gables Real Estate License #01489170 Listed on: 01/22/2012

Seven Gables Real Estate

Last Buyer's Agent

John Saunders

SAUNDERS & ASSOCIATES License #01701970

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 127x100

Parking

  • 6 Parking Spaces

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,285 Sq Ft Home
  • Fireplace Features Masonry
  • Tile Flooring

Utilities

  • No Heating

Community Details

  • 4 Units
  • 4 Separate Gas Meters

Listing and Financial Details

  • Tax Tract Number 10353
  • Assessor Parcel Number 1191031300000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,544

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 1191031300000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Tile
  • Appliances: Yes
  • Fireplace Features: Masonry
  • Price Per Square Foot: 51.34

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 127x100
  • Lot Size Sq Ft: 12700.00
  • Lot Size Acres: 0.2920

Multi Family

  • Gross Multiplier: 72.06
  • Gross Scheduled Income: 3400.00
  • Lot Size Area: 12700.0000 Square Feet
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 400.00

Tax Info

  • Tax Area: 7184
  • Tax Lot: 0.
  • Tax Tract Number: 10353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2012
Closed on
May 8, 2012
Sold by
Woods Angelica D
Bought by
Porto Management Inc
Seller's Agent
Angel Nicanor
Seven Gables Real Estate
Buyer's Agent
John Saunders
SAUNDERS & ASSOCIATES
List Price
$249,000
Sold Price
$220,000
Premium/Discount to List
-$29,000
-11.65%
Total Days on Market
100
Current Estimated Value
$844,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,376
Avg. Annual Appreciation
10.09%

Purchase Details

Closed on
May 7, 2010
Sold by
Us Bank National Association
Bought by
Woods Angelica D

Purchase Details

Closed on
Feb 17, 2010
Sold by
Hung Tran Hue Thi and Hung Van Lam
Bought by
Us Bank National Association

Purchase Details

Closed on
May 19, 2004
Sold by
Vo Danh
Bought by
Tran Hue Thi and Vanlam Hung Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Wang Jennifer
Bought by
Vo Danh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 1998
Sold by
Zhang Yuan Zhu
Bought by
Wang Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.12%

Purchase Details

Closed on
Jan 2, 1998
Sold by
Hud
Bought by
Zhang Yuan Zhu

Purchase Details

Closed on
Jun 19, 1997
Sold by
Atlantic Mtg & Investment Corp
Bought by
Hud

Purchase Details

Closed on
Jun 11, 1997
Sold by
Dunford James H
Bought by
Atlantic Mtg & Investment Corp
Source: Public Records

Range of Values:

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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
Porto Management Inc $220,000 Chicago Title Company
Woods Angelica D $157,000 Lsi Title Company
Us Bank National Association $170,000 Accommodation
Tran Hue Thi $440,000 United Title Orange
Vo Danh $379,000 Atc/Glendale
Wang Jennifer $168,000 American Title Co
Zhang Yuan Zhu $75,000 American Title
Hud -- Fidelity National Title
Atlantic Mtg & Investment Corp $150,344 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Hue Thi $300,000
Previous Owner Vo Danh $289,000
Previous Owner Wang Jennifer $134,400
Closed Tran Hue Thi $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2012 05/14/12 Sold $220,000 -11.6% $51 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
01/22/2012 01/22/12 For Sale $249,000 -- $58 / 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 $3,544 $276,333 $25,121 $251,212
2024 $3,544 $270,914 $24,628 $246,286
2023 $3,455 $265,602 $24,145 $241,457
2022 $3,611 $260,395 $23,672 $236,723
2021 $3,617 $255,289 $23,208 $232,081
2020 $3,626 $252,671 $22,970 $229,701
2019 $3,523 $247,717 $22,520 $225,197
2018 $3,485 $242,859 $22,078 $220,781
2017 $3,232 $238,097 $21,645 $216,452
2016 $3,285 $233,429 $21,221 $212,208
2015 $3,043 $229,922 $20,902 $209,020
2014 $4,279 $225,419 $20,493 $204,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P809747

California Regional Multiple Listing Service (CRMLS)

APN: 1191-031-30