NOT LISTED FOR SALE

Estimated Value: $473,000 - $582,000

2 Beds
1 Bath
3,008 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 21, 2017

Last sale price $320,000 $106 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,301/month

9 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • Front Yard

About This Home

As of February 2017

THIS IS A 4 UNIT BUILDING . ALL APARTMENTS ARE 2 BEDROOM WITH ONE BATH . ALL UNITS RENTED . GOOD BREAD AND BUTTER UNITS. LOW RENTS FOR AREA. LONG TERM TENANTS IN THE PROPERTY WITH POTENTIAL FOR RENT INCREASES. NOT IN RENT CONTROL AREA. ALSO HAS A LAUNDROMAT WITH PAY COIN .

Last Agent to Sell the Property

David Ramirez

Express Realty & Investments License #00556252 Listed on: 01/11/2017

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • Apartment

Interior Spaces

  • 3,008 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 27
  • Tax Tract Number 6051
  • Assessor Parcel Number 1192531670000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $800
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,375
  • Operating Expense $6,375
  • Gross Income $2,500
  • Net Operating Income $2,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 1192531670000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 106.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10950.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 700 Square Feet
  • Gross Income: 2500.00
  • Gross Scheduled Income: 2500.00
  • Insurance Expense: 800.00
  • Net Operating Income: 2400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 100.00
  • Rent Control: No
  • Total Expenses: 6375.00

Tax Info

  • New Taxes Expense: 4375.00
  • Tax Census Tract: 76.03
  • Tax Lot: 27
  • Tax Tract Number: 6051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2018
Sold by
Group Xiii Properties Lp
Bought by
Group V San Bernardino Lp
Current Estimated Value
$532,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,004,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 11, 2017
Closed on
Jan 26, 2017
Sold by
Bartek Vincent W
Bought by
Group Xiii Properties Lp
Seller's Agent
David Ramirez
Express Realty & Investments
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
Feb 24, 2003
Sold by
Blum M A
Bought by
Bartek Vincent W and Bartek Kristen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.3%

Purchase Details

Closed on
Mar 13, 2001
Sold by
Alok Shashi
Bought by
Kumar Alok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.11%

Purchase Details

Closed on
Mar 8, 2001
Sold by
Holtzinger John
Bought by
Dass Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.11%

Purchase Details

Closed on
Apr 19, 2000
Sold by
Avalon Vacation Weeks Inc
Bought by
Holtzinger John and Holtzinger Rhona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.22%

Purchase Details

Closed on
Sep 16, 1999
Sold by
Contimortgage Corp
Bought by
Avalon Vacation Weeks Inc

Purchase Details

Closed on
Apr 15, 1999
Sold by
Evans James Lee
Bought by
Contimortgage Corp

Purchase Details

Closed on
Jul 21, 1998
Sold by
Carroll Donald
Bought by
Evans James Lee

Purchase Details

Closed on
Mar 17, 1998
Sold by
Mccarty James P and Mccarty Judith
Bought by
Carroll Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
11.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Group V San Bernardino Lp -- Orange Coast Title Co
Group Xiii Properties Lp $320,000 Stewart Title Of California
Bartek Vincent W -- Stewart Title Of California
Bartek Vincent W $200,000 Stewart Title Company
Kumar Alok -- United Title
Dass Properties Inc $145,000 United Title Company
Holtzinger John $84,000 Chicago Title Co
Avalon Vacation Weeks Inc -- Chicago Title
Contimortgage Corp $95,000 Benefit Land Title Ins Co
Evans James Lee -- Chicago Title Co
Carroll Donald $170,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Group V San Bernardino Lp $4,004,000
Previous Owner Bartek Vincent W $160,000
Previous Owner Dass Properties Inc $145,000
Previous Owner Holtzinger John $124,000
Previous Owner Carroll Donald $136,000
Closed Bartek Vincent W $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2017 02/21/17 Sold $320,000 -8.6% $106 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $350,000 -- $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 $6,221 $371,388 $58,030 $313,358
2024 $6,221 $364,106 $56,892 $307,214
2023 $6,108 $356,966 $55,776 $301,190
2022 $6,093 $349,966 $54,682 $295,284
2021 $4,523 $343,104 $53,610 $289,494
2020 $4,541 $339,586 $53,060 $286,526
2019 $4,402 $332,928 $52,020 $280,908
2018 $4,351 $326,400 $51,000 $275,400
2017 $3,311 $249,589 $24,958 $224,631
2016 $3,214 $244,695 $24,469 $220,226
2015 $3,273 $241,019 $24,101 $216,918
2014 $3,185 $236,298 $23,629 $212,669
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17007299

California Regional Multiple Listing Service (CRMLS)

APN: 1192-531-67