NOT LISTED FOR SALE

704 E Virginia Way Barstow, CA 92311

Estimated Value: $521,000 - $553,000

8 Beds
4 Baths
3,392 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $475,000 $140 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,466/month

3 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating

About This Home

As of March 2023

4-Unit Building for Sale in Barstow, CA. Built in 1981. All units are currently occupied on month - to -month basis. Each unit has 2 bedrooms and 1 bath. Tile flooring throughout. 1 of the 2 water heaters was replaced last year. Buyer is responsible to do due diligence for verifying the accuracy of all information. Drive By ONLY.

Last Agent to Sell the Property

Katie Oganesova

Fair Realty License #01804999 Listed on: 03/01/2023

Last Buyer's Agent

Elizabeth Valencia

First Team Real Estate License #01965461

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,543

Year Built

  • Built in 1981

Lot Details

  • 9,591 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,392 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 14
  • Tax Tract Number 10437
  • Assessor Parcel Number 0183221110000
  • $243 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Valley

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $782
  • Gardener Expense $1,300
  • Insurance Expense $2,155
  • Pest Control $960
  • Trash Expense $3,375
  • Water Sewer Expense $3,241
  • New Taxes Expense $1,918
  • Operating Expense $13,731
  • Gross Income $36,300
  • Net Operating Income $14,838

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,543

Year Built

Built in 1981

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Price Per Unit: 118750
  • Property Attached: No
  • Water Sewer Expenses: 3241.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1300.00
  • Parcel Number: 0183221110000
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 140.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Pest Control Expense: 960.00
  • Sewer: Public Sewer
  • Trash Expense: 3375.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9591.00
  • Lot Size Acres: 0.2202

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 782.00
  • Gross Income: 36300.00
  • Gross Scheduled Income: 36300.00
  • Insurance Expense: 2155.00
  • Lot Size Area: 9591.0000 Square Feet
  • Net Operating Income: 14838.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 13731.00
  • Rent Control: Yes
  • Total Actual Rent: 3025.00
  • Total Expenses: 13731.00

Tax Info

  • New Taxes Expense: 1918.00
  • Tax Census Tract: 95.02
  • Tax Lot: 14
  • Tax Tract Number: 10437
  • TaxOtherAnnualAssessmentAmount: 243.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Mar 15, 2023
Sold by
Ok Llc
Bought by
Maldonado Alfonsina and Maldonado Hector
Seller's Agent
Katie Oganesova
Fair Realty
Buyer's Agent
Elizabeth Valencia
First Team Real Estate
Sold Price
$475,000
Current Estimated Value
$541,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,326
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Dec 11, 2015
Sold by
Azadzoi Ahmad Reshad
Bought by
Ok Llc

Purchase Details

Listed on
Sep 13, 2013
Closed on
Mar 19, 2014
Sold by
Ling Kum Kenny and Ling Kum Miu
Bought by
Azadzoi Ahmad Reshad
Seller's Agent
Nadine Mumford
OASIS REALTY GROUP, INC
Buyer's Agent
Andy Azadzoi
Diamond Real Estate Investment
List Price
$119,000
Sold Price
$127,575
Premium/Discount to List
$8,575
7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.04%
Original Mortgage
$127,575
Interest Rate
4.3%
Mortgage Type
Balloon

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
$92,000
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:

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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
Maldonado Alfonsina $475,000 Chicago Title
Ok Llc $159,778 Accommodation
Azadzoi Ahmad Reshad $128,000 Chicago Title Company
Ling Kum Kenny $127,500 Fidelity National Title
Blucker John Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azadzoi Ahmad Reshad $127,575
Previous Owner Kum Kenny $200,000
Previous Owner Kum Kenny $23,000
Previous Owner Ling Kum Kenny $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $475,000 +137.5% $140 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
12/15/2014 12/15/14 Sold $200,000 +14.3% $59 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $175,000 +37.2% $52 / Sq Ft
04/04/2014 04/04/14 Sold $127,575 +7.2% $38 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $119,000 -- $35 / 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
2024 $5,543 $484,500 $102,000 $382,500
2023 $1,756 $153,607 $34,134 $119,473
2022 $1,749 $150,595 $33,465 $117,130
2021 $1,699 $147,642 $32,809 $114,833
2020 $1,702 $146,129 $32,473 $113,656
2019 $1,612 $143,263 $31,836 $111,427
2018 $1,692 $140,454 $31,212 $109,242
2017 $1,530 $137,700 $30,600 $107,100
2016 $4,785 $135,000 $30,000 $105,000
2015 $5,619 $130,558 $20,400 $110,158
2014 $1,681 $150,049 $23,629 $126,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23034343

California Regional Multiple Listing Service (CRMLS)

APN: 0183-221-11