NOT LISTED FOR SALE

700 E Virginia Way Barstow, CA 92311

Estimated Value: $560,000 - $677,000

8 Beds
4 Baths
3,392 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $498,000 $147 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,605/month

80 Days on Market

About This Home

As of March 2023

Quadruplex Building for Sale. 1 Building Built in 1981. Lot area square feet: "9,535 Sq. Feet", ".219 acres": 4 Residential Units in Building. - Recently Remodeled , All 4 Residential Units are currently leased month to month. - Each residential Unit has 2 bedrooms / 1 bath. - Photos available - Buyer and or Buyer's Agent are responsible to do due diligence for verifying the accuracy of all information.

Last Agent to Sell the Property

Nasser Rad

NASSER RAD Listed on: 11/13/2022

Last Buyer's Agent

RAFAT SNOUBAR

CURB License #02125298

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 9,535 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 3,392 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 10437
  • Assessor Parcel Number 0183221100000
  • $213 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Insurance Expense $1,837
  • Trash Expense $315
  • Water Sewer Expense $1,200
  • Operating Expense $1,169
  • Gross Income $3,600
  • Net Operating Income $2,431

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0183221100000
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 146.82

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Trash Expense: 315.00
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9535.00
  • Lot Size Acres: 0.2189

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 3600.00
  • Gross Scheduled Income: 3600.00
  • Insurance Expense: 1837.00
  • Lot Size Area: 9535.0000 Square Feet
  • Net Operating Income: 2431.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1169.00
  • Rent Control: No
  • Total Expenses: 1169.00

Tax Info

  • Tax Census Tract: 95.02
  • Tax Lot: 15
  • Tax Tract Number: 10437
  • TaxOtherAnnualAssessmentAmount: 213.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2022
Closed on
Mar 14, 2023
Sold by
Kum Kenny and Miu Ling
Bought by
Snoubar Muath Omar
Seller's Agent
Nasser Rad
NASSER RAD
Buyer's Agent
RAFAT SNOUBAR
CURB
List Price
$498,000
Sold Price
$498,000
Views
184
Current Estimated Value
$599,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,218
Avg. Annual Appreciation
6.71%
Original Mortgage
$348,600
Outstanding Balance
$337,577
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$261,641

Purchase Details

Closed on
Jun 16, 2015
Sold by
Sunrise Management Group Llc
Bought by
Ling Kum Kenny and Ling Kum Miu

Purchase Details

Closed on
Jan 27, 2014
Sold by
Ling Kum Kenny and Ling Kum Miu
Bought by
Sunrise Management Group Llc

Purchase Details

Closed on
Jan 20, 2003
Sold by
Blucker John Michael and Blucker Mary Lynn
Bought by
Ling Kum Kenny and Ling Kum Miu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 1996
Sold by
Blucker John M and Blucker Mary Lynn
Bought by
Blucker John Michael and Blucker Mary Lynn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Snoubar Muath Omar $498,000 Western Resources Title
Ling Kum Kenny -- None Available
Sunrise Management Group Llc -- None Available
Ling Kum Kenny $127,500 Fidelity National Title
Blucker John Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snoubar Muath Omar $348,600
Previous Owner Ling Kum Kenny $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $498,000 0.0% $147 / Sq Ft
11/13/2022 11/13/22 For Sale $498,000 -- $147 / 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 $5,911 $518,119 $104,040 $414,079
2024 $5,806 $507,960 $102,000 $405,960
2023 $1,770 $155,950 $23,104 $132,846
2022 $1,763 $152,892 $22,651 $130,241
2021 $1,712 $149,894 $22,207 $127,687
2020 $8,561 $148,357 $21,979 $126,378
2019 $6,066 $145,448 $21,548 $123,900
2018 $7,572 $142,596 $21,125 $121,471
2017 $8,096 $139,800 $20,711 $119,089
2016 $8,919 $137,059 $20,305 $116,754
2015 $3,860 $107,098 $20,400 $86,698
2014 -- $150,639 $23,629 $127,010
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nasser Rad

    NASSER RAD

  • R

    Buyer's Agent in 2023

    RAFAT SNOUBAR

    CURB

    (951) 212-6116

    5 in this area

    9 Total Sales

    RAFAT SNOUBAR
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22240012

California Regional Multiple Listing Service (CRMLS)

APN: 0183-221-10

California San Bernardino County Barstow 92311

700 E Virginia Way, Barstow, CA

Not Listed for Sale

MultiFamily

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