NOT LISTED FOR SALE

Estimated Value: $627,000 - $803,000

6 Beds
4 Baths
2,800 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 20, 2018

Last sale price $410,000 $146 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,337/month

6 Days on Market

Highlights

  • Mountain View
  • Laundry Room
  • Foothills

About This Home

As of March 2018

Investors Delight! This Quardruplex Is Located In The Desirable North End Of San Bernardino. It’s Surrounded By Newer Homes And Features (2) 2 bed 1 Bath Units And (2) 1 Bed 1 Bath Units! It Has A Large Laundry Room Space In The Back Of The Building That Is Ready For Coin Operated Washers And Dryers For Extra Income! This Is Not A Section 8 Property And There Are No Rent Control Laws In San Bernardino! The Owner Has Been Charging Well Below Market Value On The Current Rents! All Units Have Been Remodeled Within The Last 2 Years! The One Vacant Unit Will Be Remodeled And Ready For Pictures Next Week! Submit Your Offer Today; This Amazing Money Making Property Won’t Last Long! VA and FHA Offers Welcome!

Last Agent to Sell the Property

Scot Hamm

Elevate Real Estate Agency License #02031808 Listed on: 02/01/2018

Elevate Real Estate Agency

Last Buyer's Agent

Kyle Skinner

Southern California Rlty Group License #01908011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,800 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 1834
  • Assessor Parcel Number 0154126030000

Community Details

Overview

  • 4 Units
  • Foothills
  • Mountainous Community

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,080
  • Trash Expense $1,020
  • Water Sewer Expense $2,100
  • New Taxes Expense $3,046
  • Operating Expense $7,246
  • Gross Income $23,400
  • Net Operating Income $16,154

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

9,800 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2100.00
  • Zoning: R
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0154126030000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 146.43

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1020.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Foothills, Mountainous, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9800.00

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 23400.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 1080.00
  • Net Operating Income: 16154.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7246.00
  • Rent Control: No
  • Total Expenses: 7246.00

Tax Info

  • New Taxes Expense: 3046.00
  • Tax Census Tract: 45.05
  • Tax Lot: 3
  • Tax Tract Number: 1834

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Feb 8, 2018
Sold by
Celaya Robert and Celaya Shari
Bought by
Myers Derrick
Seller's Agent
Scot Hamm
Elevate Real Estate Agency
Buyer's Agent
Kyle Skinner
Southern California Rlty Group
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$722,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,442
Avg. Annual Appreciation
7.35%
Original Mortgage
$328,125
Outstanding Balance
$302,844
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$419,598

Purchase Details

Closed on
Apr 20, 2006
Sold by
Montes Maribel Delcarmen
Bought by
Celaya Robert and Celaya Shari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 11, 2005
Sold by
Montes Maribel Delcarmen and Torres Maribel
Bought by
Montes Maribel Delcarmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2004
Sold by
Craig Joseph A
Bought by
Torres Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,800
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2001
Sold by
Franklin Joseph R and Thonneson Mary P
Bought by
Craig Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,837
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1999
Sold by
Emc Mtg Corp
Bought by
Franklin Joseph R and Thonneson Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
9.5%

Purchase Details

Closed on
Jan 26, 1999
Sold by
Accubanc Mtg Corp
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Dec 22, 1998
Sold by
Gmac Mtg Corp
Bought by
Accubanc Mtg Corp

Purchase Details

Closed on
Dec 8, 1998
Sold by
Allende Lorenzo
Bought by
Gmac Mtg Corp

Purchase Details

Closed on
Dec 5, 1997
Sold by
Garcia Victor
Bought by
Allende Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,829
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1997
Sold by
Lowell Smith & Evers Inc
Bought by
Garcia Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,850
Interest Rate
7.42%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 1996
Sold by
Mcneair Joseph
Bought by
Lowell Smith & Evers Inc

Purchase Details

Closed on
Oct 7, 1994
Sold by
Crowell Linda K
Bought by
Mcneair Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,400
Interest Rate
9.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Myers Derrick $410,000 First American Title Company
Celaya Robert $480,000 First American Title Company
Montes Maribel Delcarmen -- Financial Title Company La
Torres Maribel $364,000 Stewart Title Company
Craig Joseph A $140,000 Stewart Title
Franklin Joseph R $135,000 Fidelity National Title Ins
Emc Mtg Corp -- Fidelity Title
Accubanc Mtg Corp -- Fidelity Title
Gmac Mtg Corp $90,000 United Title Company
Allende Lorenzo $159,000 First American Title Ins
Garcia Victor $88,000 Old Republic Title Company
Lowell Smith & Evers Inc $90,000 Landsafe Title
Mcneair Joseph $130,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Derrick $328,125
Previous Owner Celaya Robert $336,000
Previous Owner Montes Maribel Delcarmen $356,250
Previous Owner Torres Maribel $254,800
Previous Owner Craig Joseph A $137,837
Previous Owner Franklin Joseph R $108,000
Previous Owner Allende Lorenzo $155,829
Previous Owner Garcia Victor $87,850
Previous Owner Mcneair Joseph $123,400
Closed Torres Maribel $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2018 03/20/18 Sold $410,000 0.0% $146 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $410,000 -- $146 / 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 $6,940 $466,509 $113,782 $352,727
2024 $5,857 $457,362 $111,551 $345,811
2023 $6,473 $448,394 $109,364 $339,030
2022 $5,724 $439,602 $107,220 $332,382
2021 $5,887 $430,983 $105,118 $325,865
2020 $5,905 $426,564 $104,040 $322,524
2019 $6,450 $418,200 $102,000 $316,200
2018 $5,517 $410,000 $100,000 $310,000
2017 $4,922 $321,200 $45,900 $275,300
2016 $6,093 $284,800 $40,700 $244,100
2015 $5,475 $261,000 $37,300 $223,700
2014 $3,581 $231,000 $33,000 $198,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18025034

California Regional Multiple Listing Service (CRMLS)

APN: 0154-126-03

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