NOT LISTED FOR SALE

Estimated Value: $477,000 - $648,000

3 Beds
2 Baths
1,160 Sq Ft
$482/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $535,000 $461 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,529/month

19 Days on Market

Highlights

  • 0.52 Acre Lot
  • Mountain View
  • Evaporated cooling system
  • Cajon High School Rated A-
  • Lawn
  • Living Room

About This Home

As of October 2023

Knock, Knock... its opportunity again! Sweet 2-on-a-lot in North San Bernardino sitting on a little over 1/2 an acre! Well maintained with long term tenants. This fantastic investment consists of a 2 bedroom, 1 bath home, and another separate 1 bedroom, 1 bath home. The 2BR unit up front has automatic gates and central air/heat. County mapping indicates that the property is currently zoned RM (Multiple Residential) and the RM (Multiple Residential) land use zoning district provides sites for multiple residential uses, mixed residential uses, and similar and compatible non-residential uses and activities. Please verify this with County as well as info on ability to add any additional units. ***Drive by ONLY, please DO NOT disturb occupants***

Last Agent to Sell the Property

Ken Scott

KEN SCOTT REAL ESTATE License #01140297 Listed on: 07/17/2023

Last Buyer's Agent

Peter Torres

California Real Estate & Investments License #01469489

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,237

Year Built

  • Built in 1947

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 75x299
  • No Common Walls
  • Rural Setting
  • Rectangular Lot
  • Lawn
  • Front Yard

Home Design

  • Duplex
  • Bungalow
  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Mountain Views
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Evaporated cooling system
  • Central Heating and Cooling System
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected
  • Water Heater
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 1
  • Assessor Parcel Number 0265251250000
  • $428 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • Operating Expense $1,800
  • Gross Income $32,856
  • Net Operating Income $2,738

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,237

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: RM
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0265251250000
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 461.21
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Conventional Septic
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air, Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Lot 20000-39999 Sqft, Rectangular Lot, Utilities - Overhead
  • Lot Size: 75x299
  • Lot Size Sq Ft: 22500.00
  • Lot Size Acres: 0.5165

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 560 Square Feet
  • Average2 Bed Area: 600 Square Feet
  • Gross Income: 32856.00
  • Gross Scheduled Income: 2738.00
  • Lot Size Area: 22500.0000 Square Feet
  • Net Operating Income: 2738.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 1800.00

Tax Info

  • Tax Census Tract: 45.07
  • Tax Lot: 1
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 428.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 18, 2023
Sold by
Gerald May Living Trust
Bought by
Rivera Jairon Ernesto
Seller's Agent
Ken Scott
KEN SCOTT REAL ESTATE
Buyer's Agent
Peter Torres
California Real Estate & Investments
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
47
Current Estimated Value
$559,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,012
Avg. Annual Appreciation
2.14%
Original Mortgage
$395,900
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 14, 2023
Sold by
Valencia Alicia
Bought by
Rivera Jairon Ernesto
Seller's Agent
Ken Scott
KEN SCOTT REAL ESTATE
Buyer's Agent
Peter Torres
California Real Estate & Investments
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,900
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2013
Sold by
May Gerald G
Bought by
May Gerald G and The Gerald May Living Trust

Purchase Details

Closed on
Oct 22, 2001
Sold by
Keeling Betty M
Bought by
May Gerald G and May Elaine

Purchase Details

Closed on
Sep 8, 1998
Sold by
Keeling Steven R
Bought by
Keeling Betty M

Purchase Details

Closed on
Sep 2, 1998
Sold by
Morgan George L
Bought by
Keeling Betty M

Purchase Details

Closed on
Sep 1, 1998
Sold by
Keeling Gregory Dean
Bought by
Keeling Betty M
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
Rivera Jairon Ernesto $535,000 Wfg National Title Company
Rivera Jairon Ernesto -- Wfg National Title Company
May Gerald G -- None Available
May Gerald G $45,000 Fidelity National Title Ins
Keeling Betty M -- --
Keeling Betty M -- --
Keeling Betty M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Jairon Ernesto $395,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2023 10/05/23 Sold $535,000 +1.9% $461 / Sq Ft
08/05/2023 08/05/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $525,000 0.0% $453 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $525,000 -- $453 / 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 $7,237 $545,700 $164,220 $381,480
2024 $7,237 $535,000 $161,000 $374,000
2023 $1,362 $95,135 $35,498 $59,637
2022 $1,361 $93,270 $34,802 $58,468
2021 $1,360 $91,442 $34,120 $57,322
2020 $1,360 $90,504 $33,770 $56,734
2019 $1,323 $88,730 $33,108 $55,622
2018 $1,152 $86,990 $32,459 $54,531
2017 $1,117 $85,285 $31,823 $53,462
2016 $1,084 $83,613 $31,199 $52,414
2015 $1,104 $82,357 $30,730 $51,627
2014 $1,063 $80,744 $30,128 $50,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23128430

California Regional Multiple Listing Service (CRMLS)

APN: 0265-251-25