NOT LISTED FOR SALE

Estimated Value: $860,000 - $967,000

6 Beds
4 Baths
4,000 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $1,230,000 $308 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $5,485/month

1 Day on Market

Highlights

  • No Units Above
  • 1-Story Property
  • 1-minute walk to St Sierra Park
  • Laundry Room

About This Home

As of March 2022

Here is the long awaited opportunity for you to own an investment property in the much desired north end of 210 freeway in San Bernardino. This listing features two identical 4plexes (3833 and 3837 N. Sierra Way) sold together as one. All units are occupied and are well maintained. The units are located in a quiet neighborhood close to 40th Street. Drive by and see for yourself.

Last Agent to Sell the Property

Kay Wachuku

WRC REALTY License #01469159 Listed on: 03/08/2022

Last Buyer's Agent

Kay Wachuku

WRC REALTY License #01469159 Listed on: 03/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,121

Year Built

  • Built in 1963

Lot Details

  • 9,800 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Front Yard Sprinklers

Home Design

  • Property Attached

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 2058
  • Assessor Parcel Number 0154283050000
  • $5,770 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,000
  • Trash Expense $2,880
  • Water Sewer Expense $6,500
  • Operating Expense $20,720
  • Gross Income $106,545
  • Net Operating Income $7,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,121

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Price Per Unit: 307500
  • Property Attached: Yes
  • Water Sewer Expenses: 6500.00
  • Property Type: Residential Income
  • Parcel Number: 0154283050000
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Levels: One
  • Price Per Square Foot: 307.50

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet
  • Sewer: Public Sewer
  • Trash Expense: 2880.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Sprinklers In Front
  • Lot Size Sq Ft: 9800.00
  • Lot Size Acres: 0.2250

Multi Family

  • Gross Income: 106545.00
  • Gross Scheduled Income: 8879.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 9800.0000 Square Feet
  • Net Operating Income: 7152.15
  • 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: 1726.60
  • Rent Control: No
  • Total Actual Rent: 4534.25
  • Total Expenses: 20720.00

Tax Info

  • Tax Census Tract: 51.00
  • Tax Lot: 28
  • Tax Tract Number: 2058
  • TaxOtherAnnualAssessmentAmount: 5770.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2014
Closed on
Sep 9, 2014
Sold by
Dahle Mortimer Karen R
Bought by
Shober Martin and Shober Lynn
Seller's Agent
Kay Wachuku
WRC REALTY
Buyer's Agent
Kay Wachuku
WRC REALTY
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$902,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,333
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Jan 21, 1998
Sold by
Dahle John E
Bought by
Dahle John E and The Johnie Dahle Trust
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
Shober Martin $380,000 Ticor Title Company
Dahle John E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Ocean Realty Llc $738,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $1,230,000 0.0% $308 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $1,230,000 +223.7% $308 / Sq Ft
10/24/2014 10/24/14 Sold $380,000 0.0% $11 / Sq Ft
09/13/2014 09/13/14 Pending -- -- --
09/13/2014 09/13/14 For Sale $380,000 -- $11 / 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 $8,121 $652,642 $196,323 $456,319
2024 $8,121 $639,846 $192,474 $447,372
2023 $7,918 $627,300 $188,700 $438,600
2022 $5,757 $430,363 $113,255 $317,108
2021 $5,770 $421,924 $111,034 $310,890
2020 $5,638 $417,597 $109,895 $307,702
2019 $5,618 $409,409 $107,740 $301,669
2018 $5,555 $401,381 $105,627 $295,754
2017 $5,388 $393,511 $103,556 $289,955
2016 $5,231 $385,795 $101,525 $284,270
2015 $5,025 $380,000 $100,000 $280,000
2014 $928 $70,437 $11,972 $58,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV22045977

California Regional Multiple Listing Service (CRMLS)

APN: 0154-283-05