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Sold for $595,000
  • Listed by: THE ASSOCIATES REALTY GROUP • Sara Griffin • Contact: 949-521-0781
    Bought with: ehomes
    $595,000

    531 Magnolia Ave, San Bernardino, CA 92405

    4beds
    2baths
    1,559sqft
    Duplex
    Built in 1947
    -- sqft lot
    $599,100 Zestimate®
    $382/sqft
    $2,023 Estimated rent

    Home value

    $599,100

    $569,000 - $629,000

    $2,023/mo

    Zestimate® history
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    What's special

    Great Investment Opportunity! Two Homes on one lot! And potential to build an additional unit!! Well-maintained homes that have been remodeled approximately 4 years ago. The front home displays 2 Spacious Bedrooms, 1 Full bathroom, living room, dining nook, large kitchen with new cabinetry, new appliances and hood, laminate wood flooring, new paint, new baseboards. The bathroom offers a newer tub/shower and vanity. The front house has a large front yard that is fully fenced in with a brick wall and wrought iron. The backhouse is on the second level and the garage is below with a 2 car garage that can be converted into another ADU/apartment. This home has also been renovated with new flooring, new paint, new kitchen cabinetry, new bathroom fixtures and shower/tub. There is a large area between the 2 units for parking and entertainment. Surrounding the home are mature trees, grass, gravel and the lot is Fully secured with a metal gate. Both units are occupied with tenants. Located on a large lot and within close highways, restaurants, and entertainment, this is a great opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sara Griffin DRE #01770296 951-220-4491,

    THE ASSOCIATES REALTY GROUP

    Bought with:

    Ariel Villalobos, DRE #02085249

    ehomes

    Source: CRMLS,MLS#: CV24152638MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Rooms
    • Room types: Bedroom, Converted Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Kitchen
    • Features: Galley Kitchen
    Heating
    • Ductless, Forced Air, Space Heater
    Cooling
    • Ductless, Evaporative Cooling
    Appliances
    • Included: Free-Standing Range, Gas Oven, Gas Range
    • Laundry: Inside
    Features
    • Brick Walls, Block Walls, Ceiling Fan(s), Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage, Bedroom on Main Level, Galley Kitchen, Main Level Primary
    • Flooring: Laminate
    • Windows: Blinds, Screens
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,559
    • Total interior livable area: 1,559 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Door-Multi, Direct Access, Driveway, Garage, Public, Side By Side
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Exterior features: Awning(s), Lighting
    • Pool features: None
    • Spa features: None
    • Fencing: Average Condition,New Condition
    • Has view: Yes
    • View description: City Lights, Mountain(s), Neighborhood
    Lot
    • Size: 7,250 Square Feet
    • Features: Back Yard, Front Yard, Lawn, No Landscaping, Yard
    Details
    • Additional structures: Storage
    • Parcel number: 0145174180000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Foundation: Raised
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Gutter(s), Street Lights, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: San Bernardino

    Financial & listing details

    • Price per square foot: $382/sqft
    • Tax assessed value: $590,000
    • Annual tax amount: $7,694
    • Date on market: 7/25/2024
    • Cumulative days on market: 26 days
    • Listing terms: Cash,Conventional,FHA,Submit
    • Tenant pays: Cable TV, Electricity, Trash Collection, Water

    Price history

    DateEventPrice
    9/20/2024Sold$595,000$382/sqft
    Source: CRMLS #CV24152638 Report a problem
    8/26/2024Contingent$595,000$382/sqft
    Source: CRMLS #CV24152638 Report a problem
    8/5/2024Listed for sale$595,000$382/sqft
    Source: CRMLS #CV24152638 Report a problem
    7/30/2024Contingent$595,000$382/sqft
    Source: CRMLS #CV24152638 Report a problem
    7/25/2024Listed for sale$595,000+16.7%$382/sqft
    Source: CRMLS #CV24152638 Report a problem
    8/6/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/2/2022Listed for rent$1,800$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/19/2022Sold$510,000+4.3%$327/sqft
    Source: Public Record Report a problem
    6/2/2022Contingent$489,000$314/sqft
    Source: CRMLS #SB22111739 Report a problem
    5/25/2022Listed for sale$489,000+43.8%$314/sqft
    Source: CRMLS #SB22111739 Report a problem
    9/30/2020Sold$340,000+102.4%$218/sqft
    Source: Public Record Report a problem
    9/5/2019Sold$168,000-16%$108/sqft
    Source: Public Record Report a problem
    3/1/2019Pending sale$200,000$128/sqft
    Source: PRIME TIME CALIFORNIA REALTY #IV18203160 Report a problem
    2/14/2019Listed for sale$200,000$128/sqft
    Source: PRIME TIME CALIFORNIA REALTY #IV18203160 Report a problem
    1/27/2019Pending sale$200,000$128/sqft
    Source: PRIME TIME CALIFORNIA REALTY #IV18203160 Report a problem
    12/31/2018Price change$200,000-20%$128/sqft
    Source: PRIME TIME CALIFORNIA REALTY #IV18203160 Report a problem
    8/20/2018Listed for sale$249,900+31.6%$160/sqft
    Source: PRIME TIME CALIFORNIA REALTY #IV18203160 Report a problem
    5/7/2017Listing removed$189,900$122/sqft
    Source: PRIME TIME CALIFORNIA REALTY #IV16728503 Report a problem
    4/6/2017Pending sale$189,900$122/sqft
    Source: PRIME TIME CALIFORNIA REALTY #IV16728503 Report a problem
    2/2/2017Listed for sale$189,900+123.4%$122/sqft
    Source: PRIME TIME CALIF RLTY & MRTG #IV16728503 Report a problem
    1/28/2004Sold$85,000$55/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,694 +15.9%$590,000 +13.4%
    2024$6,636 -4.5%$520,200 +47.1%
    2023$6,951 +52.7%$353,736 +2%
    2022$4,552 -0.2%$346,800 +2%
    2021$4,561 +92.8%$340,000 +102.4%
    2020$2,365 -15.7%$168,000 +1.4%
    2019$2,805 +5.9%$165,691 +2%
    2018$2,649 +6.4%$162,442 +2%
    2017$2,489 $159,257 +2%
    2016$2,489 +10.7%$156,135 +1.5%
    2015$2,248 +0.4%$153,790 +2%
    2014$2,238 $150,778 +0.5%
    2013-- $150,096 +2%
    2012-- $147,153 +2%
    2011-- $144,268 +0.8%
    2010-- $143,190 -0.2%
    2009-- $143,530 +2%
    2008-- $140,716 +2%
    2007-- $137,957 +2%
    2006-- $135,252 +2%
    2005-- $132,600 +174.7%
    2004-- $48,263 +1.9%
    2003-- $47,378 +2%
    2002-- $46,449 +2%
    2001-- $45,539 +2%
    2000-- $44,646
    Find assessor info on the county website

    Neighborhood: SBHS

    Nearby schools

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    Estimated market value
    $599,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $599,100