1558 N Lugo Ave San Bernardino, CA 92404

$1,315,000 Sold Price as of 04/10/2018

-- Beds
-- Baths
9,441 Sq.Ft.

Off Market

$1,315,000 Sold Price as of 04/10/2018 Refinance Your Mortgage

Map preview of 1558 N Lugo Ave, San Bernardino, CA 92404

Property Overview: 1558 N Lugo Ave San Bernardino, CA has -- bedrooms, -- bathrooms, 9,441 living square feet and 17,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1558 N Lugo Ave is currently an off market home in the city of San Bernardino. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of San Bernardino has a median list price of $489,369. The median price per/sqft for San Bernardino is $348. With those numbers in mind, if you are looking to purchase a median priced home in San Bernardino, CA and put 20% down you will need to save up $97,874 for the down payment and will need roughly $9,788 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in San Bernardino the commission could be as much as $25,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local San Bernardino Agent

Sale History for 1558 N Lugo Ave

Last sold for $1,315,000 on April 10th, 2018

April, 2018
Apr 10, 2018

Date

Sold

CRMLS: IV17278382

$1,295,000

Price
Feb 9, 2018

Date

Pending

CRMLS: IV17278382

$1,295,000

Price
Feb 8, 2018

Date

Active Under Contract

CRMLS: IV17278382

$1,295,000

Price
Jan 5, 2018

Date

Active

CRMLS: IV17278382

$1,295,000

Price
Listing provided courtesy of CRMLS

Highlights; Competitive Actual CAP Rate of 6.07% / ProForma CAP Rate of 6.90% - ProForma CAP Rate Based on Increasing Rents to Current Market Rents. First Time to The Market In Over 23 Years! $60,000+ in Capital Improvements Completed Between 2016-17. - New Complete Exterior Paint, Updated Roofing, Central HVAC Systems, Water Heaters, contact for full list. Rental Comps Illustrate a 98% Occupancy Area. Property is 100% Occupied With Long Term Tenants. 10% Upside in Potential Rental Income. Updated Security System, Remote Controlled Gated Entry, 2 Parking Spaces per Unit-One Covered and One Uncovered, Onsite BBQ Social Areas & Storage, Security Doors, Exterior Shade Screens, Onsite Laundry Room, contact for full details. The Lugo Apartments is Located on a large, 17,300 Sq. Ft. lot, the property is composed of twelve 787 square feet 2-bedroom, 2-FULL bathroom units with shower and tub. The modern 1986 property underwent many major capital improvements throughout current ownership. Contact for the full marketing materiel with detailed capital improvements.The exceptional care that has been taken in this property, reflects the pride of ownership of its current owner. Scheduled maintenance, quality updates and improvements have always been a priority for the owner and make this property, a true turnkey asset for prospective buyers, who are looking for peace of mind, knowing they invested in a stable and quality property, that will require minimal maintenance, for decades to come.

Continue Reading
April, 2018
Apr 10, 2018

Date

Sold (Public Records)

Public Records

$1,315,000

Price
December, 1994
Dec 21, 1994

Date

Sold (Public Records)

Public Records

$170,000

Price

Tax History for 1558 N Lugo Ave

Assessed Value (2020): $1,368,126

Year	Land Value	Improved Value	Assessed Value
2020	$275,706	$1,092,420	$1,368,126

About 1558 N Lugo Ave

Detailed summary of property

1558 N Lugo Ave is categorized with a use code of Apartments (Generic) in San Bernardino, CA 92404 and last sold on April 10, 2018 for $1,315,000. This property has -- bedrooms, -- bathrooms, roughly 9,441 living square feet, and sits on an approximately 17,300 square foot lot. Homes in San Bernardino are selling for a median price of $500,000 and a median price per square foot of $361. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is sold 163% higher than the current median priced home. 1558 N Lugo Ave was last sold on April 10, 2018 for $1,315,000. Local nearby listings include 158 W 10th St, 1491 Crestview Ave and 1332 Crestview Ave. The average home in San Bernardino, CA is selling in 58 days. There are currently 449 homes for sale in the San Bernardino real estate market and 407 of them are single family homes while 38 of them are condos and 4 are townhomes. If you are the homeowner and looking to sell the home at 1558 N Lugo Ave San Bernardino, CA 92404 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 1558 N Lugo Ave

Public county record property details

Beds: --
Baths: --
Year built: 1986
Sq. Ft.: 9,441
Lot Size: 17,300
Stories: --

Type: Apartments (Generic)
Pool: No
Spa: No
County: San Bernardino
Lot#: --
APN: 0146-141-57-0000

The source for these homes facts are from public records.

92404 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$489,000

Median List Price/Sq.Ft.

$327

Median Sold Price

$515,000

Median Sold Price/Sq.Ft.

$335

Total Inventory

130

Median Sale to List Price %

100.98%

Avg Days on Market

Loan Type

Conventional (36.36%), FHA (51.52%), VA (3.03%), Cash (3.03%), Other (6.06%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote