NOT LISTED FOR SALE

1016 S Palmetto Ave Unit 8 Ontario, CA 91762

Downtown Ontario Neighborhood

Estimated Value: $371,701

1 Bed
1 Bath
904 Sq Ft
$357/mo HOA Fee

Last Sold October 16, 2019

Last sale price $207,000 $229 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,586/month

56 Days on Market

Highlights

  • Heated Spa
  • Loft
  • Covered Patio or Porch
  • All Bedrooms Downstairs
  • Corner Lot
  • Views

About This Home

As of October 2019

Perfect first time homeowner property vs. renting. Corner unit, only one wall shared. New air conditioning and furnace. Brand new double pane windows on the Westside of home. High vaulted ceilings with open floor plan. Private patio (with storage) next to relaxing running stream. Refrigerator, stove, stackable washer and dryer included. One designated parking space with carport. Gated community filled with amenities Pet friendly and centrally located. Some items that HOA fee covers are water, trash, roof, termite, pest control and basic fire insurance. Private patio very peaceful surrounded by
nature. Family of ducks will nest by the little stream by the patio every year. Carport is also located very close to the unit as well as additional parking for guests. Farmers market and great restaurants nearby.

Last Agent to Sell the Property

Sinan Zakaria

Listed Simply License #01948642 Listed on: 07/18/2019

Last Buyer's Agent

Norma Esproles

Elevate Real Estate Agency License #01318625

Elevate Real Estate Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,445

Year Built

  • Built in 1979

Lot Details

  • 3,402

HOA Fees

  • $357 Monthly HOA Fees

Home Design

  • Composition Roof

Interior Spaces

  • 904 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Loft
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer Paid

Additional Features

  • ENERGY STAR Qualified Equipment
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 9948
  • Assessor Parcel Number 1011414080000

Community Details

Overview

  • 80 Units
  • Mountainview Association, Phone Number (909) 985-2222
  • Mountain View HOA

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,445

Year Built

Built in 1979

Lot Details

0

HOA Fees

$357 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Stove, Refrigerator and stackable washer and dryer.
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1011414080000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 904.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 228.98
  • Room Type: All Bedrooms Down, Laundry, Living Room, Loft
  • Spa Features: Association, Community, Heated, In Ground

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Features: Community
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Zoned, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Dryer Included, Inside, Stackable, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Zoned, Electric, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Trash
  • Association Fee: 357.00
  • Association Fee Frequency: Monthly
  • Association Name: Mountainview
  • Phone: 9099852222
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Mountain View

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3400.00
  • Lot Size Acres: 0.0781

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3400.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 17.06
  • Tax Lot: 1
  • Tax Tract Number: 9948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Sep 12, 2019
Sold by
Juarez Eduardo
Bought by
Rivera Gabriel
Seller's Agent
Sinan Zakaria
Listed Simply
Buyer's Agent
Norma Esproles
Elevate Real Estate Agency
List Price
$205,000
Sold Price
$207,000
Premium/Discount to List
$2,000
0.98%
Current Estimated Value
$371,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,701
Original Mortgage
$134,550
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2019
Sold by
Juarez Eduardo
Bought by
Juarez Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 19, 2014
Closed on
Jan 9, 2015
Sold by
Vu Cuc
Bought by
Juarez Eduardo
Seller's Agent
Dan Nguyen
For Real Estate, Inc
Buyer's Agent
PATRICIA QUINTERO
Berkshire Hath Hm Svcs CA Prop
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2014
Closed on
Dec 10, 2014
Sold by
Lopez Rubisela
Bought by
Juarez Eduardo
Seller's Agent
Dan Nguyen
For Real Estate, Inc
Buyer's Agent
PATRICIA QUINTERO
Berkshire Hath Hm Svcs CA Prop
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2014
Closed on
Nov 12, 2014
Sold by
Bonma Enterprises Llc
Bought by
Vu Cuc
Seller's Agent
Dan Nguyen
For Real Estate, Inc
Buyer's Agent
PATRICIA QUINTERO
Berkshire Hath Hm Svcs CA Prop
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2014
Sold by
Morales Roberto
Bought by
Bon Ma Enterprises Llc

Purchase Details

Closed on
Dec 6, 2004
Sold by
Lucas Michael
Bought by
Morales Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2003
Sold by
Hud
Bought by
Lucas Michael

Purchase Details

Closed on
Apr 14, 2003
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Mar 18, 2003
Sold by
Stromme Matthew K
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jun 17, 1996
Sold by
Hud
Bought by
Mena George and Mena Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,900
Interest Rate
8.39%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 1995
Sold by
Platte Valley Funding Lp
Bought by
Hud

Purchase Details

Closed on
Jun 19, 1995
Sold by
Evans Phillip
Bought by
Platte Valley Funding Lp
Source: Public Records

Range of Values:

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Average Value
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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
Rivera Gabriel $207,000 Lawyers Title Ie
Juarez Eduardo -- Chicago Title Company
Juarez Eduardo $140,000 Lawyers Title
Juarez Eduardo -- Lawyers Title
Vu Cuc $100,000 Accommodation
Bon Ma Enterprises Llc $122,500 None Available
Morales Roberto $194,000 Old Republic Title Company
Lucas Michael $91,500 United Title
Hud -- Commerce Title Company
Mortgage Electronic Registration Systems $86,205 Commerce Title Company
Mena George $41,000 Stewart Title
Hud -- Fidelity National Title Ins
Platte Valley Funding Lp $67,316 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Gabriel $157,500
Closed Rivera Gabriel $134,550
Previous Owner Juarez Eduardo $39,000
Previous Owner Juarez Eduardo $133,000
Previous Owner Juarez Eduardo $133,000
Previous Owner Morales Roberto $42,000
Previous Owner Morales Roberto $228,000
Previous Owner Morales Roberto $45,000
Previous Owner Morales Roberto $155,200
Previous Owner Mena George $40,900
Closed Morales Roberto $38,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $207,000 -1.0% $229 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
09/03/2019 09/03/19 Price Changed $209,000 +2.0% $231 / Sq Ft
09/03/2019 09/03/19 For Sale $205,000 0.0% $227 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $205,000 +46.4% $227 / Sq Ft
01/11/2015 01/11/15 Sold $140,000 +0.7% $155 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
11/20/2014 11/20/14 Price Changed $139,000 -90.0% $154 / Sq Ft
11/19/2014 11/19/14 Price Changed $1,390,000 +826.7% $1,538 / Sq Ft
11/12/2014 11/12/14 Price Changed $150,000 -3.2% $166 / Sq Ft
10/23/2014 10/23/14 Price Changed $155,000 0.0% $171 / Sq Ft
10/23/2014 10/23/14 For Sale $155,000 -3.1% $171 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
08/29/2014 08/29/14 For Sale $160,000 -- $177 / 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 $2,445 $226,385 $79,235 $147,150
2024 $2,445 $221,946 $77,681 $144,265
2023 $2,376 $217,594 $76,158 $141,436
2022 $2,345 $213,328 $74,665 $138,663
2021 $2,330 $209,145 $73,201 $135,944
2020 $2,290 $207,000 $72,450 $134,550
2019 $1,615 $150,835 $53,870 $96,965
2018 $1,591 $147,878 $52,814 $95,064
2017 $1,533 $144,978 $51,778 $93,200
2016 $1,472 $142,136 $50,763 $91,373
2015 $1,809 $165,237 $58,139 $107,098
2014 $1,678 $155,000 $54,000 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19171397

California Regional Multiple Listing Service (CRMLS)

APN: 1011-414-08