NOT LISTED FOR SALE

Estimated Value: $692,350 - $808,000

8 Beds
4 Baths
3,024 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $265,000 $88 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $4,316/month

29 Days on Market

Highlights

  • Contemporary Architecture
  • Mountainous Community
  • Wall Furnace
  • Laundry Room
  • 4 Attached Carport Spaces
  • Fence is in good condition

About This Home

As of June 2013

BACK ON THE MARKET!!!!! Subject to cancellation of current escrow. Great 4plex in a very desirable area of San Bernardino. All units are tenant occupied with long term tenants. Minimal deferred maintenance and great upside potential. Tenants pay for their own electric and gas bills. Each unit is individually metered. All units have wall heater. Gated complex with great curb appeal. All expenses are estimates. The 4plex next door is also for sale, property address 213 E. 4th St. Separate Listing. Both of these properties share a community courtyard and community laundry room. Great opportunity to own side by side fourplexes

Last Agent to Sell the Property

Leonel Molina

First Investments Realty & Mortgage License #01720799 Listed on: 05/06/2013

Last Buyer's Agent

Leonel Molina

First Investments Realty & Mortgage License #01720799 Listed on: 05/06/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,750 Sq Ft Lot
  • 1 Common Wall
  • Fence is in good condition
  • Density is up to 1 Unit/Acre

Home Design

  • 3,024 Sq Ft Home
  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Common Roof
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Attached Carport Spaces
  • Parking Available
  • Shared Driveway
  • Assigned Parking

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0135191020000

Community Details

Overview

  • 4 Units
  • Mountainous Community

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $4,200
  • Gross Income $36,000
  • Net Operating Income $31,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

6,750 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 4200.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 0135191020000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 87.63

Exterior Features

  • Foundation: Slab
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Common Roof
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Carport, Attached Carport, Shared Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Mountainous

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 6750.0000 Square Feet
  • Net Operating Income: 31800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 4200.00
  • Rent Control: No
  • Total Actual Rent: 3000.00

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2013
Closed on
May 23, 2013
Sold by
Guerrero Enedina
Bought by
Lee Jerry and Lee H
Seller's Agent
Leonel Molina
First Investments Realty & Mortgage
Buyer's Agent
Leonel Molina
First Investments Realty & Mortgage
List Price
$254,900
Sold Price
$265,000
Premium/Discount to List
$10,100
3.96%
Current Estimated Value
$741,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,588
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Sep 27, 2011
Sold by
Ramirez Deisi and Segura Martin Ramirez
Bought by
Guerrero Enedina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2004
Sold by
Aja Properties
Bought by
Segura Martin Ramirez and Ramirez Deisi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2001
Sold by
Ema Financial Inc
Bought by
Aja Properties

Purchase Details

Closed on
Apr 18, 2001
Sold by
Espinoza Alfonso E and Tell Steve Pon
Bought by
Ema Financial Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Jerry $265,000 Lawyers Title Insurance Corp
Guerrero Enedina $201,000 Security Union Title
Segura Martin Ramirez $335,000 Orange Coast Title Company
Aja Properties -- --
Ema Financial Inc -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerrero Enedina $141,000
Previous Owner Segura Martin Ramirez $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2013 06/06/13 Sold $265,000 +4.0% $88 / Sq Ft
05/16/2013 05/16/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $254,900 -- $84 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,240 $326,328 $73,885 $252,443
2024 $4,152 $319,929 $72,436 $247,493
2023 $4,048 $313,656 $71,016 $242,640
2022 $4,056 $307,506 $69,624 $237,882
2021 $4,064 $301,477 $68,259 $233,218
2020 $4,075 $298,386 $67,559 $230,827
2019 $3,953 $292,535 $66,234 $226,301
2018 $3,908 $286,799 $64,935 $221,864
2017 $3,788 $281,176 $63,662 $217,514
2016 $3,674 $275,663 $62,414 $213,249
2015 $3,744 $271,522 $61,476 $210,046
2014 $3,603 $266,203 $60,272 $205,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13069175

California Regional Multiple Listing Service (CRMLS)

APN: 0135-191-02

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