NOT LISTED FOR SALE

Estimated Value: $692,060 - $1,012,000

4 Beds
2 Baths
1,850 Sq Ft
$431/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $475,000 $257 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,852/month

13 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Park
  • Cope Middle School Rated A-
  • Hiking Trails
  • Laundry Room

About This Home

As of March 2020

Investors this is a Great duplex in established area of Loma Linda just minutes away from Loma Linda University, University Medical Center and VA Hospital also very close to freeways, shopping, etc. New Roof on duplex and storage garages in 2018. New double pane Milgard windows on all but 3 bedrooms in back 2018. New Gas heaters in both units 2018. New water heaters 2018. New blinds on front side windows of duplex 2018. New electric panels and switches apt “B” 2019. New disposals 2017. Re-piped duplex 2016 with copper piping. New exterior paint on duplex and storage garage 2016. Remodel of Apt. “A” 2016. New bedroom air conditioners- one in each apt. 2016. Each unit has two bedrooms, one with a walk-in closet, one bath, fireplace, newer carpet and flooring in unit A. There is a one car garage with laundry facilities for each unit. This Duplex sits on a large yard which is fully fenced both front and back with shade trees, mature orange tree, avocado tree and covered patios out back. This property also has off street parking/rv parking w/septic hook ups. They have great long-term renters who would love to stay in the property if at all possible. This property is priced to sell and will go quickly so come check it out before its gone !!

Last Agent to Sell the Property

JOE ARNOTT

Arnott & Associates License #01805149 Listed on: 01/30/2020

Co-Listed By

PAMELA HERNANDEZ

Arnott & Associates License #01805461

Last Buyer's Agent

JOE ARNOTT

Arnott & Associates License #01805149 Listed on: 01/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,046

Year Built

  • Built in 1974

Lot Details

  • 9,000 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • RV Potential

Home Design

  • Duplex

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Legal Lot and Block 15 / 75
  • Tax Tract Number 73
  • Assessor Parcel Number 0283215020000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills

Recreation

  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $954
  • Operating Expense $954
  • Net Operating Income $32,046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,046

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0283215020000
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 256.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Foothills, Hiking, Horse Trails, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2066

Multi Family

  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 954.00
  • Lot Size Area: 9000.0000 Square Feet
  • Net Operating Income: 32046.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Rent Control: No
  • Total Expenses: 954.00

Tax Info

  • Tax Block: 75
  • Tax Census Tract: 73.02
  • Tax Lot: 15
  • Tax Tract Number: 0073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Feb 19, 2020
Sold by
Rasco Renee J and Barbara Jean Huether Living Tr
Bought by
Nassih Bertha Leticia and Nassih Emad G
Seller's Agent
JOE ARNOTT
Arnott & Associates
Buyer's Agent
JOE ARNOTT
Arnott & Associates
List Price
$435,000
Sold Price
$475,000
Premium/Discount to List
$40,000
9.2%
Total Days on Market
13
Current Estimated Value
$798,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,015
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
May 31, 2016
Sold by
Huether Barbara J
Bought by
Rasco Renee J and Barbara Jean Huether Living Tr

Purchase Details

Listed on
Mar 6, 2013
Closed on
Mar 14, 2013
Sold by
Sahlin Donna M
Bought by
Huether Barbara J
Seller's Agent
Mary Beth Cochran
UNIVERSITY REALTY INC.
Buyer's Agent
JOE ARNOTT
Arnott & Associates
List Price
$249,000
Sold Price
$252,000
Premium/Discount to List
$3,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Dec 30, 2008
Sold by
Sahlin Carl W and Sahlin Donna M
Bought by
Sahlin Carl W and Sahlin Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2004
Sold by
Sahlin Carl W and Sahlin Donna M
Bought by
Sahlin Carl W and The Sahlin Revocable Living Tr

Purchase Details

Closed on
Oct 13, 2003
Sold by
Sahlin Carl W
Bought by
Sahlin Carl W and Sahlin Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 1998
Sold by
Sahlin Carl W
Bought by
Sahlin Carl W and The Sahlin Revocable Living Tr

Purchase Details

Closed on
Apr 4, 1995
Sold by
Sahlin Carl W
Bought by
Sahlin Carl W and The Sahlin Revocable Living Tr
Source: Public Records

Range of Values:

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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
Nassih Bertha Leticia $475,500 Ticor Title Company
Rasco Renee J -- None Available
Huether Barbara J $252,000 Fidelity National Title Co
Sahlin Carl W -- First American Title Ins Co
Sahlin Carl W -- --
Sahlin Carl W -- Commonwealth Land Title Co
Sahlin Carl W -- --
Sahlin Carl W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sahlin Carl W $202,500
Previous Owner Sahlin Carl W $110,000
Previous Owner Sahlin Carl W $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $475,000 +9.2% $257 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $435,000 +72.6% $235 / Sq Ft
03/27/2013 03/27/13 Sold $252,000 +1.2% $129 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $249,000 -- $128 / 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 $6,046 $519,629 $103,896 $415,733
2024 $6,046 $509,440 $101,859 $407,581
2023 $6,039 $499,451 $99,862 $399,589
2022 $5,952 $489,658 $97,904 $391,754
2021 $6,061 $480,057 $95,984 $384,073
2020 $3,590 $283,747 $52,920 $230,827
2019 $3,491 $278,183 $51,882 $226,301
2018 $3,404 $272,729 $50,865 $221,864
2017 $3,376 $267,382 $49,868 $217,514
2016 $3,338 $262,139 $48,890 $213,249
2015 $3,314 $258,202 $48,156 $210,046
2014 $3,254 $253,144 $47,213 $205,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20020663

California Regional Multiple Listing Service (CRMLS)

APN: 0283-215-02