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5530 Stone Basin Rd, Phelan, CA 92371
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5530 Stone Basin Rd Phelan, CA 92371

$750,000
  • 10 Beds
  • 3 Baths
  • 2,055 Sq.Ft.
For Sale
$750,000 Get Pre-Qualified
Map preview of 5530 Stone Basin Rd, Phelan, CA 92371

Property Overview: 5530 Stone Basin Rd Phelan, CA has 10 bedrooms, 3 bathrooms, 2,055 living square feet and 435,600 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: EXECUTIVE SUMMARY Samuel Kim and Mooney Lee are pleased to present PHELAN CA. This Two houses and one house storage rented income and 10 Acres land for sale. This property has remodeled and put the solar system recently. They have one big 15,000 Gallon water tank and 10,000 tank and Water is underwater one green house. Still looking good investment. This property stands as one of the most attractive multifamily investments in the Sale entire county, boasting a compelling Capitalization Rate ( Cap Rate) on current rental income. A rare opportunity to take advantage of positive leverage,

Listed by Mooney Lee | BRE #01731619 | Action Realty Task Holdings
Last checked: 12 minutes ago | Last updated: April 20th, 2024 | Source CRMLS | DOM: 28
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Home details

Lot Sq. Ft
435,600
HOA Dues
$0/mo
Year built
2019
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
PW24059824
City
Phelan
County
San Bernardino
Time on Site
30 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Electric Meters: 1
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 5
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $30,000
  • Total Rent: $30,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $30,000
  • Net Operating Income: $20,236
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
Annual Expense Breakdown
  • Total Operating Expense: $3,900
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $4,864
  • Trash: $2,400
  • Insurance: $1,500
  • Water/Sewer: $1,000

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Property Details for 5530 Stone Basin Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Electric, Free Standing
Room Information
  • Flooring: Wood
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Granite Counters
  • Levels: One
  • Window Features: Blinds
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Wood
  • Corral
  • Has Fence
  • Chain Link
  • Other Structures: Greenhouse
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Canyon, Desert
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 0351052340000
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Has Land Lead
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
  • Association Amenities: Hiking Trails
Utilities Information
  • Sewer: None
  • Water Source: Agricultural Well
  • Utilities: Electricity Connected, Propane, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: Highway #138 on the way Soth side
  • Road Frontage Type: County Road
  • Road Surface Type: Unpaved
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Phelan Agent

Sale History for 5530 Stone Basin Rd

Last sold for $400,000 on May 23rd, 2007

  • March, 2024

  • Mar 27, 2024

    Date

    Active

    CRMLS: PW24059824

    $650,000

    Price

  • May, 2007

  • May 23, 2007

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

  • February, 2007

  • Feb 13, 2007

    Date

    Sold (Public Records)

    Public Records

    $369,865

    Price

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Tax History for 5530 Stone Basin Rd

Assessed Value (2020): $108,150
Year Land Value Improved Value Assessed Value
2020 $92,700 $15,450 $108,150

Home Value Compared to the Market

This property vs the competition

5530 Stone Basin Rd is listed 54.64% higher than the median list price for the city of Phelan which has a median list price of $485,000. The median price per/sqft for Phelan is $242 and this home is listed at $364.96 per/sqft which puts the price per square foot 50.81% higher than the median price per square foot for the city of Phelan.

About 5530 Stone Basin Rd

Detailed summary of property

5530 Stone Basin Rd is a single family home located in Phelan, CA 92371 and is currently for sale. This house offers 10 bedrooms, 3 bathrooms, roughly 2,055 living square feet, and sits on an approximately 435,600 square foot lot. 5530 Stone Basin Rd was first listed on ArdentRealEstateGroup.com on March 27, 2024. The homeowner is currently asking $750,000 and was originally asking $650,000. The median priced home in Phelan is $485,000 with a median price per square foot of $242. Based on Ardent Real Estate Group's Phelan Market Data, this home is listed 54.64% higher than the median priced home. Local competing homes currently for sale include 15784 Caterpillar Dr, 4777 Morpho Ln and 15814 Caterpillar Dr. While the average home in Phelan, CA is selling in 115 days, 5530 Stone Basin Rd has a days on market of 28 days. There are currently 58 homes for sale in the Phelan real estate market and 58 of them are single family homes while 0 of them are condos and 0 are townhomes. For more information on this home for sale at 5530 Stone Basin Rd Phelan, CA 92371 contact Ardent Real Estate Group and we will put you in touch with one of our Phelan agents.

Public Facts for 5530 Stone Basin Rd

Public county record property details
Beds
3
Baths
2
Year built
1991
Sq. Ft.
2,066
Lot Size
435,600
Stories
1
Type
Misc Residential Improvement
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0351-052-34-0000

The source for these homes facts are from public records.

92371 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$485,000
Median List Price/Sq.Ft.
$242
Median Sold Price
$443,000
Median Sold Price/Sq.Ft.
$252
Total Inventory
57
Median Sale to List Price %
98.44%
Avg Days on Market
50
Loan Type
Conventional (26.67%), FHA (40%), VA (6.67%), Cash (0%), Other (26.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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