NOT LISTED FOR SALE

Estimated Value: $557,000 - $675,000

3 Beds
3 Baths
1,750 Sq Ft
$341/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $322,600 $184 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,605/month

78 Days on Market

Highlights

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

About This Home

As of November 2018

This is a great investment in an excellent North San Bernardino location. The property is located close to shopping and transportation. These three units each have single car detached garages. The front yards are very nice with luscious shade trees and green belt. The wall heaters are newer and each home has a wall/window unit air conditioning. All units are currently rented to long term tenants. This is a great opportunity for positive cash flow.
Please only drive by. Subject to interior inspection.

Last Agent to Sell the Property

Kathy Thomson

eXp Realty of Southern California, Inc License #01819591 Listed on: 07/20/2018

eXp Realty of Southern California, Inc

Last Buyer's Agent

Maria Limas

PONCE & PONCE REALTY, INC License #02059030

PONCE & PONCE REALTY, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,560

Year Built

  • Built in 1952

Lot Details

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

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 56
  • Tax Tract Number 2058
  • Assessor Parcel Number 0154272070000

Community Details

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $120
  • Insurance Expense $780
  • Maintenance Expense $100
  • Trash Expense $75
  • Water Sewer Expense $75
  • New Taxes Expense $4,753
  • Operating Expense $9,973
  • Net Operating Income $18,580

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,560

Year Built

Built in 1952

Lot Details

0

Parking

3

Listing Details

  • CapRate: 5.40
  • Property Attached: Yes
  • Water Sewer Expenses: 75.00
  • Property Type: Residential Income
  • Gardener Expense: 120.00
  • Parcel Number: 0154272070000
  • Year Built: 1952
  • 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: 184.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 75.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9800.00
  • Lot Size Acres: 0.2250

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 27000.00
  • Insurance Expense: 780.00
  • Lot Size Area: 9800.0000 Square Feet
  • Maintenance Expense: 100.00
  • Net Operating Income: 18580.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 8420.00
  • Rent Control: No
  • Total Actual Rent: 750.00
  • Total Expenses: 9973.00

Tax Info

  • New Taxes Expense: 4753.00
  • Tax Census Tract: 51.00
  • Tax Lot: 56
  • Tax Tract Number: 2058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Shaikh Hussain Nomaan
Bought by
Hussain Nomaan
Current Estimated Value
$596,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Outstanding Balance
$424,190
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$185,645

Purchase Details

Listed on
Jul 20, 2018
Closed on
Oct 11, 2018
Sold by
Marshall Arthur and Marshall Corinne
Bought by
Hussain Nomaan Shaikh
Seller's Agent
Kathy Thomson
eXp Realty of Southern California, Inc
Buyer's Agent
Maria Limas
PONCE & PONCE REALTY, INC
List Price
$349,000
Sold Price
$322,600
Premium/Discount to List
-$26,400
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$306,470
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2013
Closed on
Dec 9, 2013
Sold by
Naakaa Inc
Bought by
Marshall Arthur and Marshall Corinne
Seller's Agent
Al Mashraghy
All Pro Realty
Buyer's Agent
Kathy Thomson
eXp Realty of Southern California, Inc
List Price
$239,900
Sold Price
$226,000
Premium/Discount to List
-$13,900
-5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$169,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2012
Sold by
Kazimi Nasima
Bought by
Naakaa Inc

Purchase Details

Closed on
Feb 13, 2012
Sold by
Home Expo Financial Inc
Bought by
Kazimi Nasima

Purchase Details

Closed on
Oct 31, 2011
Sold by
Gardner Julia and Gardner Robert
Bought by
Sierra Trust and Home Expo Financial Inc

Purchase Details

Closed on
Oct 24, 2005
Sold by
Burd Anna J
Bought by
Groot Tony and Cleopatra Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 20, 2005
Sold by
Groot Tony
Bought by
Gardner Robert and Gardner Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 2000
Sold by
Neag Jason
Bought by
Burd Anna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.67%
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
Hussain Nomaan -- --
Hussain Nomaan Shaikh $323,000 Landwood Title Company
Marshall Arthur $226,000 The Nations Title Co Of Ca
Naakaa Inc -- First American Title Company
Kazimi Nasima $155,000 First American Title Company
Sierra Trust $120,500 None Available
Groot Tony $365,000 Socal-Diversified
Gardner Robert $365,000 Socal-Diversified
Burd Anna J $111,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussain Nomaan $444,500
Previous Owner Hussain Nomaan Shaikh $306,470
Previous Owner Marshall Arthur $169,500
Previous Owner Groot Tony $73,000
Previous Owner Gardner Robert $255,500
Previous Owner Burd Anna J $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $322,600 -2.2% $184 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
09/17/2018 09/17/18 Price Changed $330,000 -5.4% $189 / Sq Ft
07/20/2018 07/20/18 For Sale $349,000 +54.4% $199 / Sq Ft
01/08/2014 01/08/14 Sold $226,000 -5.8% $129 / Sq Ft
12/07/2013 12/07/13 Pending -- -- --
11/14/2013 11/14/13 For Sale $239,900 -- $137 / 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 $4,560 $359,866 $89,242 $270,624
2024 $4,560 $352,810 $87,492 $265,318
2023 $4,446 $345,892 $85,776 $260,116
2022 $4,455 $339,110 $84,094 $255,016
2021 $4,464 $332,461 $82,445 $250,016
2020 $4,477 $329,052 $81,600 $247,452
2019 $4,343 $322,600 $80,000 $242,600
2018 $3,343 $243,486 $53,869 $189,617
2017 $3,240 $238,712 $52,813 $185,899
2016 $3,143 $234,031 $51,777 $182,254
2015 $3,051 $230,515 $50,999 $179,516
2014 $1,716 $130,590 $20,091 $110,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18175652

California Regional Multiple Listing Service (CRMLS)

APN: 0154-272-07