NOT LISTED FOR SALE

515 Clark St Unit 2 Barstow, CA 92311

Estimated Value: $140,000 - $248,000

3 Beds
2 Baths
1,000 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $125,000 $125 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,160/month

70 Days on Market

Highlights

  • Hiking Trails
  • Rectangular Lot
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System

About This Home

As of May 2023

Substantial price adjustment to this manageable Barstow duplex with great upside potential. Comprised of a large studio unit and a 2 bedroom/1bathroom unit, this property is in need of renovation and would be a wonderful candidate for a full rehab. Property is currently unoccupied and boarded up, allowing the new owner unfettered access to both units in order to facilitate any needed repairs. Drive by or contact Listing Agent for access. This is a terrific opportunity to get into the multi family investment space at an extremely low price and it may not present itself again.

Last Agent to Sell the Property

Eddie Moreno

MGR Real Estate, Inc License #01394162 Listed on: 02/16/2023

MGR Real Estate, Inc

Last Buyer's Agent

Barbara Krommenhoek

Trust Real Estate License #00851704

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,500 Sq Ft Lot
  • No Common Walls
  • No Landscaping
  • Rectangular Lot
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 3 Bedrooms
  • 1,000 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 9 / 8
  • Tax Tract Number 2044
  • Assessor Parcel Number 0181082110000
  • $148 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0181082110000
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 125.00

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level, No Landscaping
  • Lot Size Sq Ft: 3500.00
  • Lot Size Acres: 0.0803

Multi Family

  • Lot Size Area: 3500.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 94.00
  • Tax Lot: 9
  • Tax Tract Number: 2044
  • TaxOtherAnnualAssessmentAmount: 148.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
May 2, 2023
Sold by
Nysky Legacy Llc
Bought by
Wooley Darryl
Seller's Agent
Eddie Moreno
MGR Real Estate, Inc
Buyer's Agent
Barbara Krommenhoek
Trust Real Estate
List Price
$170,000
Sold Price
$125,000
Premium/Discount to List
-$45,000
-26.47%
Views
209
Current Estimated Value
$181,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,299
Avg. Annual Appreciation
15.10%
Original Mortgage
$74,000
Outstanding Balance
$71,739
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$109,440

Purchase Details

Closed on
Jul 26, 2019
Sold by
Freeman Curtis and Freeman Adeane A
Bought by
Nysky Legacy Llc

Purchase Details

Closed on
Jun 29, 2018
Sold by
Perkins Basil
Bought by
Freeman Curtis and Freeman Adreane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2016
Sold by
Gonzalez Beatrice
Bought by
Perkins Basil

Purchase Details

Closed on
Oct 3, 2005
Sold by
El Dorado Homes Llc
Bought by
Gonzalez Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,080
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
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
Wooley Darryl $125,000 Stewart Title Of California
Wooley Darryl $125,000 Stewart Title Of California
Nysky Legacy Llc -- None Available
Nysky Legacy Llc -- None Available
Freeman Curtis $90,000 First American Title Company
Freeman Curtis $90,000 First American Title Company
Perkins Basil $30,000 First American Title Company
Perkins Basil $30,000 First American Title Company
Gonzalez Beatrice $88,000 Chicago Title Company
Gonzalez Beatrice $88,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wooley Darryl $74,000
Previous Owner Freeman Curtis $63,750
Previous Owner Gonzalez Beatrice $58,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2023 05/22/23 Sold $125,000 -16.7% $125 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $150,000 -9.1% $150 / Sq Ft
03/22/2023 03/22/23 Price Changed $165,000 -2.9% $165 / Sq Ft
02/16/2023 02/16/23 For Sale $170,000 -- $170 / 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 $2,559 $130,050 $26,010 $104,040
2024 $2,559 $127,500 $25,500 $102,000
2023 $1,131 $99,861 $12,613 $87,248
2022 $1,127 $97,903 $12,366 $85,537
2021 $2,715 $95,984 $12,124 $83,860
2020 $1,096 $95,000 $12,000 $83,000
2019 $1,059 $95,000 $12,000 $83,000
2018 $373 $31,108 $5,202 $25,906
2017 $802 $30,498 $5,100 $25,398
2016 $333 $101,587 $17,316 $84,271
2015 $1,108 $100,061 $17,056 $83,005
2014 $1,100 $98,101 $16,722 $81,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: HD23027674

California Regional Multiple Listing Service (CRMLS)

APN: 0181-082-11