NOT LISTED FOR SALE

25742 9th St San Bernardino, CA 92410

Lankershim Neighborhood

Estimated Value: $741,000 - $958,000

8 Beds
5 Baths
4,884 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $422,000 $86 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,249/month

59 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Zoned Heating and Cooling

About This Home

As of December 2017

4 PLEX with potential to create additional income. There are 3 buildings on this large property: 1ST BLDG is an approximately 850 square foot Tudor Style home with 2 bedrooms, 1 bath, family room, fireplace, nice kitchen, and wood floors. 2ND BLDG is an approximately 850 square foot 2 bedroom 1 bath unit with a fenced garden yard. 3RD BLDG is a large 3,200 square foot building with 2 apartments on the 2nd level comprised of 2 bedrooms 1 bath, family room, and kitchen each. The main level of this building has been used as commercial in the past, and is perfect for an office plus storage. There are 2 large rooms, bathroom, laundry, kitchen, storage, parking. The true value of this property can be found with this office space. Buyer to check with City of Highland for possible uses. Rents are far below market rents for similar 2 bedroom 1 bath units.

Last Agent to Sell the Property

Scott Cheramie

MERIDIAN PROPERTY GROUP License #01409016 Listed on: 10/21/2017

Last Buyer's Agent

Guillermo Durell

Nationwide Powerhouse Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,522

Year Built

  • Built in 1947

Lot Details

  • 0.31 Acre Lot
  • No Common Walls

Parking

  • 3 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,884 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 18142
  • Assessor Parcel Number 1192051120000

Community Details

Overview

  • 3 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Fuel Expense $100
  • Insurance Expense $1,500
  • Trash Expense $1,000
  • Water Sewer Expense $1,500
  • New Taxes Expense $4,000
  • Operating Expense $8,250
  • Gross Income $25,350
  • Net Operating Income $25,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,522

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1192051120000
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 86.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Zoned, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13578.00

Multi Family

  • Electric Expense: 150.00
  • Fuel Expense: 100.00
  • Gross Income: 25350.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 25350.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 8250.00
  • Rent Control: No
  • Total Actual Rent: 2800.00
  • Total Expenses: 8250.00

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Census Tract: 76.01
  • Tax Lot: 5
  • Tax Tract Number: 18142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2018
Sold by
Sosa Gilberto
Bought by
Sosa Investment Corp
Current Estimated Value
$848,239

Purchase Details

Listed on
Oct 21, 2017
Closed on
Dec 19, 2017
Sold by
Sosa Gloria Judith
Bought by
Sosa Gilberto
Seller's Agent
Scott Cheramie
MERIDIAN PROPERTY GROUP
Buyer's Agent
Guillermo Durell
Nationwide Powerhouse Inc
List Price
$449,900
Sold Price
$422,000
Premium/Discount to List
-$27,900
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Apr 15, 2010
Sold by
Ket Lexsilver
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 29, 2007
Sold by
Lomenick Kimberlee
Bought by
Ket Lexsilver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2007
Sold by
Leang Janda Seam
Bought by
Ket Lexsilver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Lomenick Jason
Bought by
Lomenick Kimberlee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2004
Sold by
Ellingson Jesse Roland
Bought by
Lomenick Jason and Lomenick Kimberlee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Sosa Investment Corp -- None Available
Sosa Gilberto -- Wfg National Title Company
Sosa Gilberto $422,000 Wfg National Title Company
Federal National Mortgage Association $135,000 Landsafe Title
Ket Lexsilver $507,500 Fidelity Natl Title Ins Co
Ket Lexsilver -- Fidelity Natl Title Ins Co
Lomenick Kimberlee -- Financial Title Co Sb
Lomenick Jason $260,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ket Lexsilver $406,000
Previous Owner Ket Lexsilver $50,750
Previous Owner Lomenick Kimberlee $307,500
Previous Owner Lomenick Jason $221,000
Previous Owner Ellingson Cr $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $422,000 -6.2% $86 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
10/21/2017 10/21/17 For Sale $449,900 -- $92 / 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 $7,522 $480,164 $61,443 $418,721
2024 $7,522 $470,749 $60,238 $410,511
2023 $7,377 $461,519 $59,057 $402,462
2022 $7,366 $452,470 $57,899 $394,571
2021 $5,800 $443,598 $56,764 $386,834
2020 $5,824 $439,049 $56,182 $382,867
2019 $5,644 $430,440 $55,080 $375,360
2018 $4,400 $331,806 $44,778 $287,028
2017 $4,267 $325,300 $43,900 $281,400
2016 $3,751 $288,400 $38,900 $249,500
2015 $3,560 $264,400 $35,700 $228,700
2014 $3,133 $234,000 $31,600 $202,400
Source: Public Records

Agents Affiliated with this Home

  • Scott Cheramie

    Seller's Agent in 2017

    Scott Cheramie

    MERIDIAN PROPERTY GROUP

    (909) 581-6055

    56 Total Sales

    Scott Cheramie
    Section Image

  • G

    Buyer's Agent in 2017

    Guillermo Durell

    Nationwide Powerhouse Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17241332

California Regional Multiple Listing Service (CRMLS)

APN: 1192-051-12

California San Bernardino County San Bernardino 92410 Lankershim

25742 9th St, San Bernardino, CA

This home is located at 25742 9th St, San Bernardino, CA 92410 since 21 October 2017 and is currently estimated at $848,239, approximately $173 per square foot. This property was built in 1947. 25742 9th St is a home located in San Bernardino County with nearby schools including Warm Springs Elementary School, Del Vallejo Middle School, and Indian Springs High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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