NOT LISTED FOR SALE

9631 Linden Ave Bloomington, CA 92316

Estimated Value: $735,000 - $1,713,000

10 Beds
5 Baths
4,897 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $812,500 $166 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,860/month

84 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Evaporated cooling system
  • 1.08 Acre Lot
  • No HOA
  • Shed

About This Home

As of June 2016

A rare find! Total of 7 NICE units! Property is comprised of 2 parcels of 4-plex PLUS 3-plex being sold together,. Side by side with a swimming POOL for use of all occupants but actually rests on the triplex's property line. No common walls, as each unit is separated from the other by carport. Long term tenants. Current Cap appx 6%, Projected appx 10%. 6 units are nearly identical & some have fenced yards. 1 unit is the front house with private front patio, Living Room, Dining Room, large kitchen with granite counters, tile floor, new carpet & new wood laminate. APN's 0250081020000 & 0250081070000 Legal Address' are 9631 & 9635 Linden Ave Bloomington (each unit has different mailing address').

Last Agent to Sell the Property

Jenna McCormick

JENNA MC CORMICK, BROKER License #01253070 Listed on: 02/26/2016

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,063

Year Built

  • Built in 1962

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 130x300
  • No Common Walls
  • Chain Link Fence
  • Paved or Partially Paved Lot
  • Density is 6-10 Units/Acre

Home Design

  • 4,897 Sq Ft Home
  • Tile Roof
  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 32 Parking Spaces
  • 8 Attached Carport Spaces
  • Parking Available
  • Private Parking
  • Shared Driveway
  • Paved Parking
  • Uncovered Parking

Pool

  • In Ground Pool
  • Fence Around Pool
  • Permits for Pool

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Conventional Septic

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 323
  • Assessor Parcel Number 0250081020000

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $908
  • Gardener Expense $3,600
  • Insurance Expense $3,500
  • Pool Expense $3,600
  • Trash Expense $1,722
  • Water Sewer Expense $2,244
  • New Taxes Expense $13,125
  • Gross Income $4,984
  • Net Operating Income $62,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,063

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2244.00
  • Property Type: Residential Income
  • Gardener Expense: 3600.00
  • Parcel Number: 0250081020000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Levels: One
  • Price Per Square Foot: 165.92

Exterior Features

  • Other Structures: Shed(s)
  • Fencing: Chain Link
  • Pool Expense: 3600.00
  • Pool Features: Fenced, In Ground, Permits, Private
  • Pool Private: Yes
  • Roof: Composition, Tile

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Covered, Attached Carport, Concrete, Driveway, Private, Shared Driveway, Uncovered
  • Total Parking Spaces: 32.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Conventional Septic
  • Trash Expense: 1722.00
  • Water Source: Public
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Paved
  • Lot Size: 130x300
  • Lot Size Sq Ft: 47190.00
  • Price Per Lot Square Foot: 17.22
  • Lot Size Acres: 1.0830

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 908.00
  • Gross Income: 4984.00
  • Gross Scheduled Income: 79800.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 47190.0000 Square Feet
  • Net Operating Income: 62350.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Carpet: 7
  • Number With Patio: 1
  • Number With Range: 7
  • Operating Expense: 17450.00
  • Rent Control: No
  • Total Actual Rent: 6300.00

Tax Info

  • New Taxes Expense: 13125.00
  • Tax Lot: 323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
Jun 1, 2016
Sold by
Bray William Henry
Bought by
Mobile Home Group Ii Lp
Seller's Agent
Jenna McCormick
JENNA MC CORMICK, BROKER
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$1,050,000
Sold Price
$812,500
Premium/Discount to List
-$237,500
-22.62%
Current Estimated Value
$1,224,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,500
Avg. Annual Appreciation
4.47%
Original Mortgage
$611,250
Outstanding Balance
$486,487
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$737,513

Purchase Details

Closed on
Aug 13, 2009
Sold by
Bray Foster Lee
Bought by
Bray Foster Lee and Family Trust Of Foster Lee Bra
Source: Public Records

Range of Values:

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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
Mobile Home Group Ii Lp $812,500 Lawyers Title
Bray Foster Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mobile Home Group Ii Lp $611,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $812,500 -22.6% $166 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $1,050,000 -- $214 / 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 $5,063 $411,369 $124,299 $287,070
2024 $5,063 $403,303 $121,862 $281,441
2023 $5,072 $395,396 $119,473 $275,923
2022 $4,997 $387,643 $117,130 $270,513
2021 $5,091 $380,042 $114,833 $265,209
2020 $5,108 $376,146 $113,656 $262,490
2019 $4,974 $368,770 $111,427 $257,343
2018 $4,738 $361,539 $109,242 $252,297
2017 $761 $57,632 $6,493 $51,139
2016 $686 $56,502 $6,366 $50,136
2015 $663 $55,653 $6,270 $49,383
2014 $623 $54,563 $6,147 $48,416
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jenna McCormick

    JENNA MC CORMICK, BROKER

    Section Image

  • C

    Buyer's Agent in 2016

    Christopher Dumayas

    MZ BROKERAGE INC.

    (626) 676-5090

    7 Total Sales

    Christopher Dumayas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16040821

California Regional Multiple Listing Service (CRMLS)

APN: 0250-081-02

California San Bernardino County Bloomington 92316

9631 Linden Ave, Bloomington, CA

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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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