NOT LISTED FOR SALE

Estimated Value: $364,652 - $619,000

4 Beds
4 Baths
1,900 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $185,000 $97 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,549/month

255 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property

About This Home

As of June 2016

Potential to build 2 more units! 2 units for sale on a lot large enough for 4 units; buyer to verify with San Bernardino County. The exterior is newly painted.

Last Agent to Sell the Property

Sakina Kader

First Team Real Estate License #01962470 Listed on: 08/13/2015

Last Buyer's Agent

Patricia Garcia

Re/Max Dynasty License #01190632

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.72 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 946
  • Tax Tract Number 6115
  • Assessor Parcel Number 0434442170000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $550
  • Trash Expense $1,460
  • Water Sewer Expense $1,425
  • Gross Income $1,185
  • Net Operating Income $8,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1425.00
  • Property Type: Residential Income
  • Parcel Number: 0434442170000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 97.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 1460.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 31200.00
  • Price Per Lot Square Foot: 5.93
  • Lot Size Acres: 0.7160

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1185.00
  • Gross Scheduled Income: 14230.00
  • Insurance Expense: 550.00
  • Lot Size Area: 31200.0000 Square Feet
  • Net Operating Income: 8780.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5450.00
  • Rent Control: No

Tax Info

  • Tax Lot: 946
  • Tax Tract Number: 6115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
May 20, 2016
Sold by
Alvarez Maria Hernandez
Bought by
Hernandez Jorge N
Seller's Agent
Sakina Kader
First Team Real Estate
Buyer's Agent
Patricia Garcia
Re/Max Dynasty
List Price
$220,000
Sold Price
$185,000
Premium/Discount to List
-$35,000
-15.91%
Current Estimated Value
$437,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,163
Avg. Annual Appreciation
9.30%
Original Mortgage
$138,750
Outstanding Balance
$110,274
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$326,889

Purchase Details

Listed on
Aug 13, 2015
Closed on
May 3, 2016
Sold by
Kartsonis Michael J
Bought by
Hernandez Jorge G and Hernandez Jorge N
Seller's Agent
Sakina Kader
First Team Real Estate
Buyer's Agent
Patricia Garcia
Re/Max Dynasty
List Price
$220,000
Sold Price
$185,000
Premium/Discount to List
-$35,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$110,274
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$326,889

Purchase Details

Closed on
Aug 4, 2005
Sold by
Ratcliff Monique
Bought by
Kartsonis Michael J and The Michael J Kartsonis Family

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 13, 2005
Sold by
Morris R D
Bought by
Ratcliff Monique

Purchase Details

Closed on
Mar 6, 2003
Sold by
Ratcliff Monique
Bought by
Morris R D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
5.73%

Purchase Details

Closed on
Sep 20, 1999
Sold by
Federal National Mortgage Association
Bought by
Morris R D and Ratcliff Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,816
Interest Rate
8.09%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 1999
Sold by
Ratcliff Paul
Bought by
Ratcliff Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,816
Interest Rate
8.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1999
Sold by
Wu Johnny
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 5, 1999
Sold by
Equity One Real Estate Inc
Bought by
Equity Properties Inc

Purchase Details

Closed on
Aug 11, 1998
Sold by
Wu Johnny
Bought by
Equity One Real Estate Inc
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
Hernandez Jorge N -- Western Resources Title Co
Hernandez Jorge G $185,000 Western Resources Title Co
Kartsonis Michael J $495,000 First American Jp
Ratcliff Monique -- --
Morris R D -- Chicago Title Co
Morris R D $120,000 First American Title Ins Co
Ratcliff Monique -- First American Title Ins Co
Federal National Mortgage Association $150,443 First Southwestern Title
Equity Properties Inc -- --
Equity One Real Estate Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jorge G $138,750
Previous Owner Kartsonis Michael J $371,250
Previous Owner Morris R D $123,500
Previous Owner Morris R D $119,816
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $185,000 -15.9% $97 / Sq Ft
04/24/2016 04/24/16 Pending -- -- --
08/13/2015 08/13/15 For Sale $220,000 -- $116 / 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 $2,743 $219,003 $29,595 $189,408
2024 $2,667 $214,709 $29,015 $185,694
2023 $2,641 $210,499 $28,446 $182,053
2022 $2,600 $206,371 $27,888 $178,483
2021 $2,541 $202,324 $27,341 $174,983
2020 $2,510 $200,250 $27,061 $173,189
2019 $2,463 $196,323 $26,530 $169,793
2018 $2,403 $192,474 $26,010 $166,464
2017 $2,370 $188,700 $25,500 $163,200
2016 $1,816 $147,900 $37,000 $110,900
2015 $1,633 $132,000 $33,000 $99,000
2014 $1,503 $101,000 $30,000 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15178533

California Regional Multiple Listing Service (CRMLS)

APN: 0434-442-17

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