NOT LISTED FOR SALE

5214 Bandera St Montclair, CA 91763

Estimated Value: $614,000 - $809,000

2 Beds
2 Baths
1,344 Sq Ft
$498/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $405,000 $301 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,108/month

124 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

As of January 2020

Cute one bedroom 1344 sf duplex with detached two car garage. Each unit has a covered patio, rear yard is fenced. Plenty of off street parking behind gated alley access. Great potential to add to existing units or build additional units on 7,722 sq. ft. lot, buyer to verify with city. Originally built with a 6 manifold gas meter service. Current rents are WAY under market for long term tenants. Seller/agent has owned property for 40 years. Property sold as-is with current tenants on month to month rent. 2 addresses, 5214 & 5218 Bandera St. Each kitchen has a washer hook-up, tenants have added their own gas dryers at back of house. Wall A/C in each living room only. Two car garage has a wall dividing each side plus a small storage room with it's own door for owners use. This is a perfect starter investment property in a strong rental area. Buyer to cooperate with seller on IRS #1031 exchange at no cost to buyer. No sign on property. Interior could use a little TLC. PLEASE DO NOT GO ON PROPERTY OR DISTURB TENANTS. Thanks! Neighborhoods: Bandera Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 5214 Unit # for Unit 2: 5218 Unit 1 Parking Spaces: 4 Unit 2 Parking Spaces: 4 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Tom Metier

HomeSmart Realty West License #00603016 Listed on: 08/07/2019

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,850

Year Built

  • Built in 1960

Lot Details

  • 7,722 Sq Ft Lot
  • Lot Dimensions are 117x66
  • Manual Sprinklers System

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 1010622180000

Community Details

Overview

  • 2 Units
  • Candera Palms

Building Details

  • Net Operating Income $14,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,850

Year Built

Built in 1960

Lot Details

0

Listing Details

  • CapRate: 3.38
  • Park Name: Candera Palms
  • Subdivision Name Other: Out Of Area
  • View: No
  • Zoning: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1010622180000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Manual, Sprinkler System
  • Lot Size: 117X66
  • Lot Size Sq Ft: 7722.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 19200.00
  • Lot Size Area: 7722.0000 Square Feet
  • Net Operating Income: 14200.00
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Dec 17, 2019
Sold by
Metier Thomas Reid and The Thomas R Metier Revocable
Bought by
Jimenez Christian
Seller's Agent
Tom Metier
HomeSmart Realty West
List Price
$428,000
Sold Price
$405,000
Premium/Discount to List
-$23,000
-5.37%
Current Estimated Value
$669,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,540
Avg. Annual Appreciation
9.27%
Original Mortgage
$397,664
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2019
Sold by
Metier Thomas R
Bought by
Metier Thomas Reid and Thomas R Metier Revocable Trus
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
Jimenez Christian $405,000 Ticor Title San Diego
Metier Thomas Reid -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jimenez Christian $333,188
Closed Jimenez Christian $9,910
Closed Jimenez Christian $397,664
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $405,000 -5.4% $301 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $428,000 -- $318 / 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 $5,850 $543,907 $153,110 $390,797
2024 $5,850 $533,242 $150,108 $383,134
2023 $4,628 $425,727 $147,165 $278,562
2022 $4,567 $417,379 $144,279 $273,100
2021 $4,539 $409,195 $141,450 $267,745
2020 $1,134 $101,528 $30,459 $71,069
2019 $1,124 $99,537 $29,862 $69,675
2018 $1,109 $97,585 $29,276 $68,309
2017 $1,069 $95,672 $28,702 $66,970
2016 $1,028 $93,796 $28,139 $65,657
2015 $1,021 $92,387 $27,716 $64,671
2014 $989 $90,577 $27,173 $63,404
Source: Public Records

Agents Affiliated with this Home

  • Tom Metier

    Seller's Agent in 2020

    Tom Metier

    HomeSmart Realty West

    (760) 703-5104

    6 Total Sales

    Tom Metier
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190043862

California Regional Multiple Listing Service (CRMLS)

APN: 1010-622-18

California San Bernardino County Montclair 91763

5214 Bandera St, Montclair, CA

This home is located at 5214 Bandera St, Montclair, CA 91763 since 07 August 2019 and is currently estimated at $669,540, approximately $498 per square foot. This property was built in 1960. 5214 Bandera St is a home located in San Bernardino County with nearby schools including Montera Elementary School, Vernon Middle School, and Montclair 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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