986 W 40th St San Bernardino, CA 92407
Estimated Value: $448,522 - $487,000
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                1,701
                Sq Ft
            
            
                
                    $275/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 986 W 40th St, San Bernardino, CA 92407 and is currently estimated at $467,761, approximately $274 per square foot. 986 W 40th St is a home located in San Bernardino County with nearby schools including Newmark Elementary School, Shandin Hills Middle School, and Cajon High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Aug 27, 2019
            
        
                Sold by
            
            
                Abad Manuel
            
        
                Bought by
            
            
                Abad Manuel and Elvirez Gudalupe Salazar
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $264,000
            
        
                Outstanding Balance
            
            
                $231,716
            
        
                Interest Rate
            
            
                3.7%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $236,045
            
        Purchase Details
                Closed on
            
            
                Oct 2, 2017
            
        
                Sold by
            
            
                Elvirez Guadalupe
            
        
                Bought by
            
            
                Abad Manuel
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $242,500
            
        
                Interest Rate
            
            
                3.86%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Sep 21, 2017
            
        
                Sold by
            
            
                Kim John
            
        
                Bought by
            
            
                Abad Manuel
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $242,500
            
        
                Interest Rate
            
            
                3.86%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                May 4, 2007
            
        
                Sold by
            
            
                Kim Amy
            
        
                Bought by
            
            
                Kim John
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $37,000
            
        
                Interest Rate
            
            
                6.18%
            
        
                Mortgage Type
            
            
                Credit Line Revolving
            
        Purchase Details
                Closed on
            
            
                Feb 9, 2007
            
        
                Sold by
            
            
                Richardson Alfred
            
        
                Bought by
            
            
                Kim John
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $296,000
            
        
                Interest Rate
            
            
                8.62%
            
        
                Mortgage Type
            
            
                Negative Amortization
            
        Purchase Details
                Closed on
            
            
                Mar 18, 2005
            
        
                Sold by
            
            
                Richardson & Associates Llc
            
        
                Bought by
            
            
                Richardson Alfred
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $236,250
            
        
                Interest Rate
            
            
                6.45%
            
        
                Mortgage Type
            
            
                Fannie Mae Freddie Mac
            
        Purchase Details
                Closed on
            
            
                Mar 21, 2003
            
        
                Sold by
            
            
                Adams Apartments Inc
            
        
                Bought by
            
            
                Richardson & Associates Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $115,000
            
        
                Interest Rate
            
            
                5.6%
            
        
                Mortgage Type
            
            
                Seller Take Back
            
        Purchase Details
                Closed on
            
            
                Aug 31, 2001
            
        
                Sold by
            
            
                Herington Clifford M
            
        
                Bought by
            
            
                Adams Apartments Inc
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Abad Manuel | -- | Lawyers Title | |
| Abad Manuel | -- | Stewart Title | |
| Abad Manuel | $250,000 | Advantage Title Inc | |
| Kim John | -- | Southland Title Corporation | |
| Kim John | $370,000 | Southland Title Corporation | |
| Richardson Alfred | -- | Gateway Title | |
| Richardson & Associates Llc | $115,000 | Chicago Title | |
| Adams Apartments Inc | $52,500 | Lawyers Title Company | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Abad Manuel | $264,000 | |
| Closed | Abad Manuel | $242,500 | |
| Closed | Abad Manuel | $8,250 | |
| Previous Owner | Kim John | $37,000 | |
| Previous Owner | Kim John | $296,000 | |
| Previous Owner | Richardson Alfred | $236,250 | |
| Previous Owner | Richardson & Associates Llc | $115,000 | 
                Source: Public Records
                    
            
        Tax History Compared to Growth
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 | $3,648 | $284,458 | $62,580 | $221,878 | 
| 2024 | $3,648 | $278,880 | $61,353 | $217,527 | 
| 2023 | $3,557 | $273,412 | $60,150 | $213,262 | 
| 2022 | $3,563 | $268,051 | $58,971 | $209,080 | 
| 2021 | $3,569 | $262,795 | $57,815 | $204,980 | 
| 2020 | $3,578 | $260,100 | $57,222 | $202,878 | 
| 2019 | $3,472 | $255,000 | $56,100 | $198,900 | 
| 2018 | $3,275 | $267,444 | $109,140 | $158,304 | 
| 2017 | $3,305 | $262,200 | $107,000 | $155,200 | 
| 2016 | $3,050 | $245,000 | $100,000 | $145,000 | 
| 2015 | $2,419 | $189,700 | $56,900 | $132,800 | 
| 2014 | $2,075 | $165,000 | $49,500 | $115,500 | 
                Source: Public Records
                    
            
        Map
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