NOT LISTED FOR SALE

3890 N Lugo Ave San Bernardino, CA 92404

Golden Valley Neighborhood

Estimated Value: $757,000 - $1,072,000

8 Beds
4 Baths
3,712 Sq Ft
$253/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $860,000 $232 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,953/month

28 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Mountainous Community
  • No HOA
  • Tile Flooring
  • 2-minute walk to St Sierra Park

About This Home

As of January 2022

Excellent rental units located in a quiet neighborhood, close to shopping, freeway etc...Newly completed roof, heating/AC systems and water heaters.

Last Agent to Sell the Property

Kevin Merritt

INVESTCORP REAL ESTATE License #01263972 Listed on: 11/20/2021

Last Buyer's Agent

LAURA ALBA

KW VISION License #01749057

KW VISION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,283

Year Built

  • Built in 1973

Lot Details

  • 9,600 Sq Ft Lot
  • Two or More Common Walls
  • Sprinklers on Timer
  • Lawn

Home Design

  • Quadruplex

Interior Spaces

  • 3,712 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 2058
  • Assessor Parcel Number 0154463140000
  • $1,503 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Mountainous Community

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $480
  • Fuel Expense $130
  • Insurance Expense $599
  • Trash Expense $2,052
  • Water Sewer Expense $1,440
  • Operating Expense $4,701
  • Gross Income $59,460
  • Net Operating Income $32,364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,283

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Price Per Unit: 225000
  • Property Attached: Yes
  • Water Sewer Expenses: 1440.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0154463140000
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 231.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 2052.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 6500-9999, Sprinklers Timer
  • Lot Size Sq Ft: 9600.00
  • Lot Size Acres: 0.2204

Multi Family

  • Electric Expense: 480.00
  • Fuel Expense: 130.00
  • Gross Income: 59460.00
  • Gross Scheduled Income: 59460.00
  • Insurance Expense: 599.00
  • Lot Size Area: 9600.0000 Square Feet
  • Net Operating Income: 32364.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 27096.00
  • Rent Control: No
  • Total Expenses: 4701.00

Tax Info

  • Tax Census Tract: 51.00
  • Tax Lot: 11
  • Tax Tract Number: 2058
  • TaxOtherAnnualAssessmentAmount: 1503.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2021
Closed on
Dec 22, 2021
Sold by
Jacques Simon
Bought by
Ibarra Raul
Seller's Agent
Kevin Merritt
INVESTCORP REAL ESTATE
Buyer's Agent
LAURA ALBA
KW VISION
List Price
$900,000
Sold Price
$860,000
Premium/Discount to List
-$40,000
-4.44%
Current Estimated Value
$940,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,913
Avg. Annual Appreciation
2.51%
Original Mortgage
$645,000
Outstanding Balance
$596,494
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$344,419

Purchase Details

Closed on
Apr 13, 2017
Sold by
Simon Lenzi
Bought by
Simon Jacques

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,402
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2015
Sold by
Ahmadzada Noor
Bought by
Simon Jacques

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,770
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 24, 2012
Sold by
Fields Richard L and The Fields Family Trust
Bought by
Ahmadzada Noor

Purchase Details

Closed on
Oct 21, 2009
Sold by
Fields Richard I and Fields Family Trust
Bought by
Fields Richard L and Fields Renee J

Purchase Details

Closed on
Apr 7, 2006
Sold by
Joren Lp
Bought by
Fields Richard I and Fields Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 18, 2005
Sold by
Fields Richard L and The Fields Family Trust
Bought by
Joren Lp

Purchase Details

Closed on
May 6, 2004
Sold by
Fields Richard L
Bought by
Fields Richard L and Fields Family Trust

Purchase Details

Closed on
Feb 25, 2004
Sold by
Fields Renee J
Bought by
Fields Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2004
Sold by
Fruehan Frederick J
Bought by
Fields Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2002
Sold by
Fruehan Ana Ruth
Bought by
Fruehan Frederick J

Purchase Details

Closed on
Apr 8, 2002
Sold by
Koch Richard D and Koch Jill A
Bought by
Fruehan Frederick J

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
6.74%
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
Ibarra Raul $860,000 First American Title
Simon Jacques -- Wfg Title
Simon Jacques $398,000 Chicago Title Company
Ahmadzada Noor $233,500 None Available
Fields Richard L -- None Available
Fields Richard I -- First American Title Ins Co
Joren Lp -- --
Fields Richard L -- --
Fields Richard L -- --
Fields Richard L -- First American
Fields Richard L $315,000 First American
Fruehan Frederick J -- First American Title
Fruehan Frederick J $200,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibarra Raul $645,000
Previous Owner Simon Jacques $455,000
Previous Owner Simon Jacques $368,251
Previous Owner Simon Jacques $383,402
Previous Owner Simon Jacques $390,770
Previous Owner Fields Richard I $310,000
Previous Owner Fields Richard L $252,000
Previous Owner Fruehan Frederick J $168,750
Previous Owner Fruehan Frederick J $33,750
Previous Owner Fruehan Frederick J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $860,000 -4.4% $232 / Sq Ft
12/18/2021 12/18/21 Pending -- -- --
11/20/2021 11/20/21 For Sale $900,000 0.0% $242 / Sq Ft
08/01/2016 08/01/16 Rented $1,150 0.0% --
06/18/2016 06/18/16 For Rent $1,150 0.0% --
07/31/2015 07/31/15 Sold $398,000 -2.9% $107 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $409,900 -- $110 / 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 $11,283 $912,639 $270,608 $642,031
2024 $11,283 $894,744 $265,302 $629,442
2023 $11,002 $877,200 $260,100 $617,100
2022 $5,779 $443,977 $89,242 $354,735
2021 $5,793 $435,271 $87,492 $347,779
2020 $5,811 $430,808 $86,595 $344,213
2019 $5,635 $422,361 $84,897 $337,464
2018 $5,570 $414,079 $83,232 $330,847
2017 $5,399 $405,960 $81,600 $324,360
2016 $5,237 $398,000 $80,000 $318,000
2015 $3,166 $239,246 $20,492 $218,754
2014 $4,874 $234,560 $20,091 $214,469
Source: Public Records

Agents Affiliated with this Home

  • Kevin Merritt

    Seller's Agent in 2022

    Kevin Merritt

    INVESTCORP REAL ESTATE

    (909) 377-8222

    1 in this area

    11 Total Sales

    Kevin Merritt
    Section Image
  • LAURA ALBA

    Buyer's Agent in 2022

    LAURA ALBA

    KW VISION

    (909) 938-9745

    1 in this area

    68 Total Sales

    LAURA ALBA
    Section Image

  • B

    Seller's Agent in 2015

    Bob Wright

    WIEBE & ASSOCIATES

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21252948

California Regional Multiple Listing Service (CRMLS)

APN: 0154-463-14

California San Bernardino County San Bernardino 92404 Golden Valley

3890 N Lugo Ave, San Bernardino, CA

This home is located at 3890 N Lugo Ave, San Bernardino, CA 92404 since 20 November 2021 and is currently estimated at $940,913, approximately $253 per square foot. This property was built in 1973. 3890 N Lugo Ave is a home located in San Bernardino County with nearby schools including Parkside Elementary School, Golden Valley Middle School, and San Bernardino High School.

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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