NOT LISTED FOR SALE

212 May Ave Barstow, CA 92311

Estimated Value: $439,668 - $498,000

2 Beds
2 Baths
2,646 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 04, 2024

Last sale price $450,000 $170 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,745/month

126 Days on Market

About This Home

As of August 2024

Jump on board the BNSF train! BIG things are happening in town, bringing with it a surge in housing demand. With 20,000 jobs on the horizon, the time to act is now. Opportunities to snag properties at this price point won't last, so don't miss your chance.

Picture yourself owning this 4 unit with (3) 2-bedroom, 1-bath units and a studio, perfectly positioned to capitalize on the growth. Act fast, because once the BIG project is complete, you'll regret not seizing this moment. Take advantage of this exciting opportunity before it's gone!

Last Agent to Sell the Property

Jerrad Schendel

Coldwell Banker Commercial Rea Brokerage Email: jerrad.schendel@cbcinland.com License #01971338 Listed on: 02/19/2024

Coldwell Banker Commercial Rea

Co-Listed By

Bob Basen

Coldwell Banker Commercial Rea Brokerage Email: jerrad.schendel@cbcinland.com License #00521368

Last Buyer's Agent

Jerrad Schendel

Coldwell Banker Commercial Rea Brokerage Email: jerrad.schendel@cbcinland.com License #01971338 Listed on: 02/19/2024

Coldwell Banker Commercial Rea

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 9,000 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,646 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Off-Street Parking

Additional Features

  • Property is near public transit
  • Private Water Source

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 2803
  • Assessor Parcel Number 0182112110000
  • $169 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,500
  • Trash Expense $2,400
  • Water Sewer Expense $3,000
  • Operating Expense $14,760
  • Gross Income $49,200
  • Net Operating Income $34,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0182112110000
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 170.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Private, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2066
  • Latitude Manual: 34.89596600

Multi Family

  • Gross Income: 49200.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 9000.0000 Square Feet
  • Net Operating Income: 34440.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 14760.00
  • Rent Control: No
  • Total Expenses: 14760.00

Tax Info

  • Tax Census Tract: 94.00
  • Tax Lot: 29
  • Tax Tract Number: 2803
  • TaxOtherAnnualAssessmentAmount: 169.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Enrique Lara And Pilar I Lara Living Und and Lara Enrique
Bought by
Enrique Lara And Pilar I Lara Living Under Tr and Lara
Current Estimated Value
$466,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,500
Outstanding Balance
$259,578
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$206,839

Purchase Details

Listed on
Feb 19, 2024
Closed on
Jul 10, 2024
Sold by
Banbury Family Living Trust and Banbury Richard O
Bought by
Enrique Lara And Pilar I Lara Living Trust and Lara
Seller's Agent
Jerrad Schendel
Coldwell Banker Commercial Rea
Buyer's Agent
Jerrad Schendel
Coldwell Banker Commercial Rea
List Price
$499,999
Sold Price
$450,000
Premium/Discount to List
-$49,999
-10%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$250,000
Interest Rate
6.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 26, 2003
Sold by
Banbury Richard O and Banbury Sharon A
Bought by
Banbury Richard O and Banbury Sharon A
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
Enrique Lara And Pilar I Lara Living Under Tr -- Chicago Title
Enrique Lara And Pilar I Lara Living Trust $450,000 Stewart Title Of California
Banbury Richard O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enrique Lara And Pilar I Lara Living Under Tr $260,500
Previous Owner Enrique Lara And Pilar I Lara Living Trust $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2024 08/04/24 Sold $450,000 -10.0% $170 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $499,999 0.0% $189 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $499,999 -- $189 / 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 $3,709 $450,000 $90,000 $360,000
2024 $3,709 $130,532 $15,538 $114,994
2023 $1,448 $127,972 $15,233 $112,739
2022 $1,443 $125,462 $14,934 $110,528
2021 $1,401 $123,002 $14,641 $108,361
2020 $1,403 $121,741 $14,491 $107,250
2019 $1,329 $119,354 $14,207 $105,147
2018 $1,396 $117,013 $13,928 $103,085
2017 $1,261 $114,719 $13,655 $101,064
2016 $1,246 $112,469 $13,387 $99,082
2015 $1,220 $110,780 $13,186 $97,594
2014 $1,212 $108,610 $12,928 $95,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: HD24034675

California Regional Multiple Listing Service (CRMLS)

APN: 0182-112-11