NOT LISTED FOR SALE

724 E Virginia Way Barstow, CA 92311

Barstow Area

Estimated Value: $500,653 - $549,000

2 Beds
1 Bath
3,392 Sq Ft
$156/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2023

Last sale price $550,000 $162 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,371 / mo

2 Days on Market

About This Home

As of December 2023

The 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

Jerrad Schendel

Coldwell Banker Commercial Rea License #01971338 Listed on: 12/13/2023

Coldwell Banker Commercial Rea

Last Buyer's Agent

Jerrad Schendel

Coldwell Banker Commercial Rea License #01971338 Listed on: 12/13/2023

Coldwell Banker Commercial Rea

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

9,870 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1650.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0183221160000
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 162.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 4633.20
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9870.00
  • Lot Size Acres: 0.2266

Multi Family

  • Gross Income: 56364.00
  • Gross Scheduled Income: 56364.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 9870.0000 Square Feet
  • Net Operating Income: 38327.52
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 18036.00
  • Rent Control: No
  • Total Expenses: 8083.20

Tax Info

  • Tax Census Tract: 95.02
  • Tax Lot: 9
  • Tax Tract Number: 10437

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Nov 29, 2023
Sold by
Bought by
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
$530,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,837
Avg. Annual Appreciation
-1.41%

Purchase Details

Closed on
Jun 16, 2021
Sold by
Bought by

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
0.0296%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2017
Sold by
Bought by

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
0.0393%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 10, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 2013
Sold by
Bought by

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
0.0446%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 9, 1996
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 1995
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Chicago Title
$965,000 Chicago Title
-- Ticor Title Agency
-- None Available
$410,000 Stewart Title Company
$80,000 Fidelity National Title
$105,769 Continental Lawyers Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $219,000
Previous Owner $627,250
Previous Owner $460,000
Previous Owner $380,000
Previous Owner $245,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,778 $520,200 $67,626 $452,574
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

    Seller's Agent in 2023

    Jerrad Schendel

    Coldwell Banker Commercial Rea

    (714) 287-8119

    53 Total Sales

    Jerrad Schendel
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: HD23225707

California Regional Multiple Listing Service (CRMLS)

APN: 0183-221-16

California San Bernardino County Barstow 92311

724 E Virginia Way, Barstow, CA

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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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