NOT LISTED FOR SALE

2228 W 3rd Ave San Bernardino, CA 92407

Muscoy Area

Estimated Value: $350,000 - $704,000

13 Beds
5 Baths
4,517 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2015

Last sale price $470,000 $104 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,011 / mo

18 Days on Market

Highlights

  • No Units Above
  • 1.03 Acre Lot
  • 6 Car Garage

About This Home

As of October 2015

Great Income Property in North Muscoy Area !!!
Total 5 units: 3 units have 3 bedrooms / 1 bath, 1 car garage. 2 Units have 2 Bedrooms / 1.5 Baths, 1 car garage.
Driveway seperates both properties...
Large back yard!!!
Near 215 Freeway, Schools & Shopping centers (Super Walmart) & Cal-Sate San Bernardino...
((( Includes 2 Parcels: 0267-021-12-0000 & 0267-021-13-0000 )))
All Units are TENANT Occupied. Drive by only...

Last Agent to Sell the Property

Julio Sandoval

Realty Masters & Associates License #01261611 Listed on: 08/27/2015

Realty Masters & Associates

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 1.03 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage
  • Parking Available

Home Design

  • 4,517 Sq Ft Home
  • Property Attached
  • Shingle Roof
  • Stucco

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 5 Bathrooms

Additional Features

  • Urban Location
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 0267021120000

Community Details

Overview

  • 6 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $2,800
  • Gross Income $4,270
  • Net Operating Income $45,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

1.03 Acres

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 0267021120000
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 104.05

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 600.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 44880.00
  • Price Per Lot Square Foot: 10.47
  • Lot Size Acres: 1.0300

Multi Family

  • Gross Income: 4270.00
  • Gross Scheduled Income: 51240.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 44880.0000 Square Feet
  • Net Operating Income: 45640.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 5600.00
  • Rent Control: No
  • Total Actual Rent: 4270.00

Tax Info

  • New Taxes Expense: 2800.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2018
Sold by
Bought by
Current Estimated Value
$501,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 27, 2015
Closed on
Sep 21, 2015
Sold by
Bought by
Seller's Agent
Julio Sandoval
Realty Masters & Associates
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$439,900
Sold Price
$470,000
Premium/Discount to List
$30,100
6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%
Original Mortgage
$20,000,000
Interest Rate
0.038%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 18, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2015
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Orange Coast Title Co
$470,000 Chicago Title Company
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $50,000
Previous Owner $20,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/07/2015 10/07/15 Sold $470,000 +6.8% $104 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $439,900 -- $97 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,455 $265,643 $102,634 $163,009
2025 $3,455 $260,435 $100,622 $159,813
2024 $3,384 $255,328 $98,649 $156,679
2023 $3,300 $250,322 $96,715 $153,607
2022 $3,304 $245,414 $94,819 $150,595
2021 $3,309 $240,602 $92,960 $147,642
2020 $3,317 $238,135 $92,007 $146,128
2019 $3,219 $233,466 $90,203 $143,263
2018 $3,025 $228,888 $88,434 $140,454
2017 $2,933 $224,400 $86,700 $137,700
2016 $2,845 $220,000 $85,000 $135,000
2015 $1,351 $99,637 $10,146 $89,491
2014 $1,304 $97,685 $9,947 $87,738
Source: Public Records

Agents Affiliated with this Home

  • Julio Sandoval

    Seller's Agent in 2015

    Julio Sandoval

    Realty Masters & Associates

    (951) 212-8302

    31 Total Sales

    Julio Sandoval
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV15191100

California Regional Multiple Listing Service (CRMLS)

APN: 0267-021-12

California San Bernardino County San Bernardino 92407

2228 W 3rd Ave, San Bernardino, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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