Seller's Agent in 2023
Jerrad Schendel
Coldwell Banker Commercial Rea
(714) 287-8119
6 in this area
51 Total Sales
724 E Virginia Way Barstow, CA 92311
Estimated Value: $494,098 - $581,000
2
Beds
1
Bath
3,392
Sq Ft
$162/Sq Ft
Est. Value
About This Home
As of December 2023The impending arrival of the BNSF BIG project signals an increase in housing demand in Barstow. This quadplex, featuring two-bedroom, one-bathroom units with detached car garages, is poised to be a crucial asset for accommodating the anticipated growth in the future. Great for a long term hold investor looking for great growth potential.
Last Agent to Sell the Property
Coldwell Banker Commercial Rea License #01971338 Listed on: 12/13/2023
Last Buyer's Agent
Coldwell Banker Commercial Rea License #01971338 Listed on: 12/13/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1981
Lot Details
- 9,870 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,392 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Additional Features
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 10437
- Assessor Parcel Number 0183221160000
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- Trash Expense $4,633
- Water Sewer Expense $1,650
- Operating Expense $8,083
- Gross Income $56,364
- Net Operating Income $38,328
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2023
Closed on
Nov 29, 2023
Sold by
Mip Management Llc
Bought by
Bros Investment Llc
Seller's Agent
Jerrad Schendel
Coldwell Banker Commercial Rea
Buyer's Agent
Jerrad Schendel
Coldwell Banker Commercial Rea
List Price
$550,000
Sold Price
$550,000
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,225
Avg. Annual Appreciation
-0.10%
Purchase Details
Closed on
Jun 16, 2021
Sold by
Global One Development Center
Bought by
Mip Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,250
Interest Rate
2.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 6, 2017
Sold by
Global One Development Center
Bought by
Global One Development Center
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.93%
Mortgage Type
Balloon
Purchase Details
Closed on
Feb 10, 2014
Sold by
Mojave Sands Village Llc
Bought by
Global One Development Center
Purchase Details
Closed on
Sep 18, 2013
Sold by
Nimetz Marcus
Bought by
Mojave Sands Village Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 9, 1996
Sold by
American Strategic Income Portfolio Inc
Bought by
Kodak Kenneth L and Kodak Cathy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.74%
Purchase Details
Closed on
Dec 11, 1995
Sold by
Harris George John
Bought by
American Strategic Income Portfolio Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bros Investment Llc | $500,000 | Chicago Title | |
| Mip Management Llc | $965,000 | Chicago Title | |
| Global One Development Center | -- | Ticor Title Agency | |
| Global One Development Center | -- | None Available | |
| Mojave Sands Village Llc | $410,000 | Stewart Title Company | |
| Kodak Kenneth L | $80,000 | Fidelity National Title | |
| American Strategic Income Portfolio Inc | $105,769 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mip Management Llc | $627,250 | |
| Previous Owner | Global One Development Center | $380,000 | |
| Previous Owner | Mojave Sands Village Llc | $245,000 | |
| Previous Owner | Kodak Kenneth L | $76,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2023 12/22/23 | Sold | $550,000 | 0.0% | $162 / Sq Ft |
| 12/13/2023 12/13/23 | For Sale | $550,000 | -- | $162 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $5,778 | $510,000 | $66,300 | $443,700 |
| 2024 | $5,675 | $500,000 | $65,000 | $435,000 |
| 2023 | $3,346 | $293,250 | $59,160 | $234,090 |
| 2022 | $3,333 | $287,500 | $58,000 | $229,500 |
| 2021 | $88 | $113,251 | $22,651 | $90,600 |
| 2020 | $592 | $112,090 | $22,419 | $89,671 |
| 2019 | $85 | $109,892 | $21,979 | $87,913 |
| 2018 | $1,295 | $107,737 | $21,548 | $86,189 |
| 2017 | $82 | $105,624 | $21,125 | $84,499 |
| 2016 | $149 | $103,553 | $20,711 | $82,842 |
| 2015 | $79 | $101,998 | $20,400 | $81,598 |
| 2014 | $1,125 | $100,000 | $20,000 | $80,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jerrad Schendel
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: HD23225707
APN: 0183-221-16
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.
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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