NOT LISTED FOR SALE

Estimated Value: $446,000 - $652,000

5 Beds
3 Baths
1,720 Sq Ft
$328/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $248,700 $145 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,294/month

17 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of April 2016

3 unit property conveniently located close to downtown San Bernardino and 10/215 freeways. Great for first time buyers or investors, pay the mortgage with the rental income! Front unit is 3 bed/1 bath with walk-in closet in master bedroom. Middle and back units are 1 bed/1 bath with tile flooring, Formica kitchen counters and recently remodeled bathrooms. Roof and water heaters were recently replaced in all 3 units. Windows all fairly new. Washer and dryer hook ups available on each unit. Buyer to verify individual square footage.

Last Agent to Sell the Property

Catalina Castaneda

Southland Homes License #01886731 Listed on: 02/19/2016

Last Buyer's Agent

MARIA ORANTES

RE/MAX TIME License #01138078

RE/MAX TIME

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 1938

Lot Details

  • 0.29 Acre Lot
  • No Common Walls
  • Rural Setting

Home Design

  • 1,720 Sq Ft Home

Kitchen

  • Gas Cooktop

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Shared Driveway
  • Unpaved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 10
  • Tax Tract Number 2523
  • Assessor Parcel Number 0279281150000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $1,440
  • New Taxes Expense $2,374
  • Gross Income $2,045
  • Net Operating Income $19,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,763

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 0279281150000
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 144.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unpaved, Shared Driveway

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Size Sq Ft: 12750.00
  • Price Per Lot Square Foot: 19.51
  • Lot Size Acres: 0.2930

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 520
  • Average3 Bed Area: 840
  • Average Studio Area: 360
  • Gross Income: 2045.00
  • Gross Scheduled Income: 24540.00
  • Insurance Expense: 800.00
  • Lot Size Area: 12750.0000 Square Feet
  • Net Operating Income: 19560.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 4974.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2374.00
  • Tax Lot: 10
  • Tax Tract Number: 2523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Unknown
Bought by
Iniguez Maria E and Iniguez Hector Rafael
Current Estimated Value
$563,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$344,748
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$219,051

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 16, 2016
Sold by
Wong Mei Tak
Bought by
Gonzalez Hector Rafael Iniguez and Iniguez Maria Esther
Seller's Agent
Catalina Castaneda
Southland Homes
Buyer's Agent
MARIA ORANTES
RE/MAX TIME
List Price
$245,000
Sold Price
$248,700
Premium/Discount to List
$3,700
1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$244,194
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
May 15, 2013
Closed on
Jun 12, 2013
Sold by
Rl Skyline Investment Group Llc
Bought by
Wong Mei Tak
Seller's Agent
Raymond Alcala
Everwise Realty
Buyer's Agent
Catalina Castaneda
Southland Homes
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%
Original Mortgage
$131,250
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2012
Closed on
May 9, 2012
Sold by
The Bank Of New York Mellon
Bought by
Rl Skyline Investment Group Llc
Seller's Agent
John Newe
Gateway California Realty
Buyer's Agent
Kevin Majd
Coastal Realty Elite
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
164.05%
Original Mortgage
$95,250
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2011
Sold by
Harmon Luella
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 15, 2010
Sold by
Rodriguez Carolyn L
Bought by
Castledine Heber

Purchase Details

Closed on
Nov 24, 2007
Sold by
Harmon Luella
Bought by
Rodriguez Carolyn L

Purchase Details

Closed on
Nov 2, 1995
Sold by
Rodriguez Carolyn L
Bought by
Harmon Luella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
10%
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
Iniguez Maria E -- Usa National Title
Gonzalez Hector Rafael Iniguez $249,000 Stewart Title Of Ca Inc
Wong Mei Tak $175,000 Lawyers Title
Rl Skyline Investment Group Llc $65,000 North American Title Company
The Bank Of New York Mellon $121,500 None Available
Castledine Heber -- None Available
Rodriguez Carolyn L -- None Available
Rodriguez Carolyn L -- None Available
Harmon Luella -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iniguez Maria E $360,000
Previous Owner Gonzalez Hector Rafael Iniguez $244,194
Previous Owner Wong Mei Tak $131,250
Previous Owner Rl Skyline Investment Group Llc $95,250
Previous Owner Harmon Luella $46,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2016 04/29/16 Sold $248,700 +1.5% $145 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $245,000 +40.0% $142 / Sq Ft
06/14/2013 06/14/13 Sold $175,000 0.0% $102 / Sq Ft View Prior Sale
05/22/2013 05/22/13 For Sale $175,000 +169.2% $102 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
06/07/2012 06/07/12 Sold $65,000 +8.5% $38 / Sq Ft View Prior Sale
04/27/2012 04/27/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $59,900 -- $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
2025 $3,763 $294,408 $71,027 $223,381
2024 $3,763 $288,635 $69,634 $219,001
2023 $3,669 $282,976 $68,269 $214,707
2022 $3,676 $277,427 $66,930 $210,497
2021 $4,038 $271,988 $65,618 $206,370
2020 $3,857 $269,199 $64,945 $204,254
2019 $3,583 $263,921 $63,672 $200,249
2018 $3,542 $258,747 $62,424 $196,323
2017 $3,433 $185,682 $31,831 $153,851
2016 $2,479 $182,041 $31,207 $150,834
2015 $2,374 $179,306 $30,738 $148,568
2014 $2,308 $175,794 $30,136 $145,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16035073

California Regional Multiple Listing Service (CRMLS)

APN: 0279-281-15