NOT LISTED FOR SALE

Estimated Value: $829,000 - $1,375,000

2 Beds
1 Bath
774 Sq Ft
$1,429/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $880,000 $1,137 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,708/month

359 Days on Market

Highlights

  • 2.27 Acre Lot
  • Cooling Available
  • Heating Available
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2021

A duplex with two single-family homes, each unit has 3 bedrooms, is for sale. Both units are giving good returns and are rented with long time tenants. This big 2.28 acres commercial flat rectangular plot is situated only two blocks away from Fwy 60 and has easy access to the other I-10 and I-15 Freeways. Property is located right on the heavily travelled Mission Boulevard in the rapid developing City of Jurupa Valley and is surrounded by Riverside, Ontario, Fontana, Norco and Corona cities. New ARCO, Shell and 76 Gas stations and a shopping centre are a block away. Per the City Master Plan of 2017, the Zoning and Land Use along the Mission Blvd has been changed to Commercial. Businesses such as retail, auto, medical, hospitality hotel-motel, restaurants, offices or financial institutions like banks etc are much needed in this area creating an excellent opportunity for real estate buyers and investors.

Last Agent to Sell the Property

Gurinder Singh

NATIONAL REALTY GROUP License #01847267 Listed on: 02/01/2020

NATIONAL REALTY GROUP

Last Buyer's Agent

Gurinder Singh

NATIONAL REALTY GROUP License #01847267 Listed on: 02/01/2020

NATIONAL REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,123

Year Built

  • Built in 1952

Lot Details

  • 2.27 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 774 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms | 6 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 28037
  • Assessor Parcel Number 170112003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,123

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R-3
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 170112003
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 774.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 1136.95
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Jurupa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 98881.00
  • Lot Size Acres: 2.2700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 98881.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 405.02
  • Tax Lot: 41
  • Tax Tract Number: 028037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Apr 1, 2021
Sold by
Kaur Amarjot
Bought by
Singh Harvinder
Seller's Agent
Gurinder Singh
NATIONAL REALTY GROUP
Buyer's Agent
Gurinder Singh
NATIONAL REALTY GROUP
List Price
$990,000
Sold Price
$880,000
Premium/Discount to List
-$110,000
-11.11%
Current Estimated Value
$1,106,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,144
Avg. Annual Appreciation
5.27%
Original Mortgage
$487,500
Outstanding Balance
$440,506
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$665,638

Purchase Details

Closed on
Feb 9, 2021
Sold by
Singh Family Trust and The Singh Family Trust
Bought by
Singh Gurmeet and Singh Harvinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$440,506
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$665,638

Purchase Details

Closed on
Jul 5, 2007
Sold by
Singh Shangara and Singh Surinder K
Bought by
Singh Shangara and Singh Surinder K

Purchase Details

Closed on
Jan 28, 2006
Sold by
Singh Shangara and Singh Surinder K
Bought by
Singh Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Singh Harvinder -- Chicago Title
Singh Gurmeet -- Chicago Title
Singh Gurmeet $880,000 Chicago Title
Singh Shangara -- None Available
Singh Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Harvinder $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $880,000 0.0% $1,137 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/24/2021 01/24/21 Off Market $880,000 -- --
02/01/2020 02/01/20 For Sale $990,000 -- $1,279 / 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 $10,123 $952,540 $270,608 $681,932
2023 $10,123 $915,552 $260,100 $655,452
2022 $9,955 $897,600 $255,000 $642,600
2021 $2,455 $215,754 $150,100 $65,654
2020 $2,433 $213,542 $148,561 $64,981
2019 $2,386 $209,356 $145,649 $63,707
2018 $2,309 $205,252 $142,794 $62,458
2017 $2,286 $201,229 $139,995 $61,234
2016 $2,256 $197,284 $137,250 $60,034
2015 $2,226 $194,323 $135,190 $59,133
2014 $2,074 $190,519 $132,543 $57,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20023742

California Regional Multiple Listing Service (CRMLS)

APN: 170-112-003