NOT LISTED FOR SALE

Estimated Value: $526,457 - $750,000

4 Beds
4 Baths
2,496 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $271,000 $109 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,730/month

10 Days on Market

About This Home

As of April 2016

Great investment opportunity in the heart of San Bernardino. Addresses include 217, 219, 221, and 223. Units are centrally located within short distance from public transportation, shopping, churches and restaurants. Make us an offer today before it's gone!! PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Chris Lamoree

Berkshire Hathaway HomeServices California Properties License #01877567 Listed on: 04/04/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,085

Year Built

  • Built in 1964

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,496 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 8
  • Tax Tract Number 580
  • Assessor Parcel Number 0140221080000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,085

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0140221080000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 108.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7500.00
  • Price Per Lot Square Foot: 36.13

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2780.00
  • Gross Scheduled Income: 33360.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 00580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Apr 15, 2016
Sold by
Barba Richard and Barba Martha
Bought by
Group Viii Covina Properties Lp
Seller's Agent
Chris Lamoree
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$289,900
Sold Price
$271,000
Premium/Discount to List
-$18,900
-6.52%
Current Estimated Value
$622,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,114
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Sep 3, 2003
Sold by
Carbone John
Bought by
Barba Richard and Barba Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,920
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2003
Sold by
Carbone Jacqueline M
Bought by
Carbone John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,920
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2003
Sold by
The Napoleon Family Lp
Bought by
Carbone John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,800
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2002
Sold by
Pitkin Earl L and Pitkin Dorene L
Bought by
The Napoleon Family Lp

Purchase Details

Closed on
May 29, 2002
Sold by
Lawrence Anthony
Bought by
Pitkin Earl L and Pitkin Dorene L

Purchase Details

Closed on
Aug 10, 2001
Sold by
Nation One Contractors & Investment Co
Bought by
Lawrence Anthony

Purchase Details

Closed on
May 18, 2001
Sold by
Lawrence Anthony
Bought by
Lawrence Anthony and Nation One Contractors & Inves

Purchase Details

Closed on
Feb 2, 2001
Sold by
Aames Capital Corp
Bought by
Lawrence Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,100
Interest Rate
6.97%

Purchase Details

Closed on
Jul 28, 2000
Sold by
Hall Dolly B P
Bought by
Aames Capital Corp

Purchase Details

Closed on
Dec 12, 1997
Sold by
Gary Eagle Corp
Bought by
Hall Dolly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,760
Interest Rate
8.75%

Purchase Details

Closed on
Dec 1, 1997
Sold by
Valley Vineyard Christian Fellowship
Bought by
Grey Eagle Corp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,760
Interest Rate
8.75%

Purchase Details

Closed on
Jul 11, 1995
Sold by
Allocco Andrew and Allocco Brenda K
Bought by
Valley Vineyard Christian Fellowship
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
Group Viii Covina Properties Lp $271,000 Landwood Title
Barba Richard $275,000 Lawyers Title Company
Carbone John -- Chicago Title Co
Carbone John $218,500 Chicago Title Co
The Napoleon Family Lp -- --
Pitkin Earl L $35,562 American Title
Lawrence Anthony -- Old Republic Title Company
Lawrence Anthony -- Orange Coast Title
Lawrence Anthony $111,000 Chicago Title Co
Aames Capital Corp $76,144 Orange Coast Title
Hall Dolly B $120,000 Orange Coast Title
Grey Eagle Corp Inc $59,000 Orange Coast Title
Valley Vineyard Christian Fellowship -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Group Viii Covina Properties Lp $2,499,407
Previous Owner Barba Richard $100,000
Previous Owner Barba Richard $219,920
Previous Owner Carbone John $170,800
Previous Owner Lawrence Anthony $100,100
Previous Owner Hall Dolly B $95,760
Closed Hall Dolly B $11,970
Closed Lawrence Anthony $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $271,000 -6.5% $109 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $289,900 -- $116 / 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 $4,085 $320,810 $94,705 $226,105
2024 $4,085 $314,520 $92,848 $221,672
2023 $3,983 $308,352 $91,027 $217,325
2022 $3,990 $302,306 $89,242 $213,064
2021 $3,998 $296,378 $87,492 $208,886
2020 $4,009 $293,339 $86,595 $206,744
2019 $3,889 $287,587 $84,897 $202,690
2018 $3,845 $281,948 $83,232 $198,716
2017 $3,727 $276,420 $81,600 $194,820
2016 $3,774 $283,448 $18,017 $265,431
2015 $3,694 $279,190 $17,746 $261,444
2014 $3,591 $273,721 $17,398 $256,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16069602

California Regional Multiple Listing Service (CRMLS)

APN: 0140-221-08