NOT LISTED FOR SALE

Estimated Value: $452,000 - $782,000

5 Beds
3 Baths
2,812 Sq Ft
$200/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $410,000 $146 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,470/month

132 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

As of January 2020

!!!!!! REDUCED PRICE !!!!! !!!!!! BACK ON THE MARKET !!!!!!!Income Property: Two Beautifully Remodeled Homes on a Large Corner Lot. (1065 W. 7th Street and 679 N. K Street San Bernardino, CA) The Main Property is on 7th Street, corner of N. K Street. The main house is a two story home and a Smaller Home on the same lot. The larger home is beautifully restored. It has one bedroom, one bath downstairs, three more bedrooms and 1 bath upstairs and above that is a large attic which has plenty of height and windows for a very bright space. The other house has been beautifully remodeled also and has one bedroom, one bath. Features of the property include: Large front porch, entry hall, living room open to remodeled kitchen with center island, new flooring, new paint, granite counters, remodeled bathrooms also with granite counters, ceiling fans in all bedrooms. The main house also has a two car garage and fully landscaped yard. The yard is fully enclosed with wrought iron fence. Living in one unit and renting the other one. Both units are for sale in "as is condition." Buyer and buyer's agent are advised to investigate all aspects of the property & verify the accuracy of all information provided.

Last Agent to Sell the Property

MARIA NAVARRO

Elevate Real Estate Agency License #01353560 Listed on: 07/23/2019

Last Buyer's Agent

Antonia Ramirez

C-21 REALTY MASTERS License #01189857

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,549

Year Built

  • Built in 1925

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 2,812 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0138062010000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,549

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 0138062010000
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 145.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Inside, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1100.00

Tax Info

  • Tax Census Tract: 48.00
  • Tax Lot: 1
  • Tax Tract Number: STREET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Jan 24, 2020
Sold by
Perez Lucila Leticia Gomez and Gomez Rafael E Bonilla
Bought by
Ayala Elias O and Ayala Andy
Seller's Agent
MARIA NAVARRO
Elevate Real Estate Agency
Buyer's Agent
Antonia Ramirez
C-21 REALTY MASTERS
List Price
$455,000
Sold Price
$410,000
Premium/Discount to List
-$45,000
-9.89%
Current Estimated Value
$574,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,744
Avg. Annual Appreciation
5.65%
Original Mortgage
$402,573
Outstanding Balance
$356,374
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$205,976

Purchase Details

Closed on
Jan 4, 2019
Sold by
Sandoval Agustin
Bought by
Perez Lucila Leticia Gomez and Gomez Rafael E Bonilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2001
Sold by
Sedano Manuel
Bought by
Sandoval Agustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,022
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 1997
Sold by
Sedano Yadira and Sedano Manuel
Bought by
Sedano Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.88%

Purchase Details

Closed on
Apr 9, 1997
Sold by
Granados Guillermo G and Granados Araceli
Bought by
Sedano Yadira and Sedano Manuel
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
Ayala Elias O $410,000 Pacific Coast Title Company
Perez Lucila Leticia Gomez $392,000 Orange Coast Title Company
Sandoval Agustin $130,000 Fidelity National Title
Sedano Manuel -- United Title
Sedano Yadira -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Elias O $402,573
Previous Owner Perez Lucila Leticia Gomez $313,600
Previous Owner Sandoval Agustin $126,022
Previous Owner Sedano Manuel $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $410,000 0.0% $146 / Sq Ft
11/07/2019 11/07/19 Price Changed $410,000 -2.4% $146 / Sq Ft
09/04/2019 09/04/19 Price Changed $420,000 -7.7% $149 / Sq Ft
07/23/2019 07/23/19 For Sale $455,000 -- $162 / 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 $5,549 $448,394 $131,237 $317,157
2024 $5,549 $439,602 $128,664 $310,938
2023 $5,409 $430,982 $126,141 $304,841
2022 $5,420 $422,532 $123,668 $298,864
2021 $5,430 $414,247 $121,243 $293,004
2020 $5,405 $399,840 $117,300 $282,540
2019 $2,394 $172,163 $26,486 $145,677
2018 $2,439 $168,788 $25,967 $142,821
2017 $2,355 $165,479 $25,458 $140,021
2016 $2,226 $162,234 $24,959 $137,275
2015 $2,117 $159,797 $24,584 $135,213
2014 $2,058 $156,666 $24,102 $132,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19175848

California Regional Multiple Listing Service (CRMLS)

APN: 0138-062-01