NOT LISTED FOR SALE

1022 N Laurel Ave Ontario, CA 91762

Downtown Ontario Neighborhood

Estimated Value: $774,770 - $942,000

3 Beds
2 Baths
2,096 Sq Ft
$406/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $480,000 $229 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,703/month

9 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Floor Furnace

About This Home

As of July 2012

Nice, well maintained 6 units on two parcels, all rented, near schools and transportation, every unit has laundry hook-ups, and one car garage with roll up doors, drive by only, subject to interior inspection, some units have been newly remodeled, with new tile floor and granite counter tops in the kitchen.

Last Agent to Sell the Property

Leslie Nixon

SUPERIOR PROPERTY MANAGEMENT License #00637421 Listed on: 05/23/2012

Last Buyer's Agent

David Tsai

SGVAPARTMENTS.COM INC License #01403172

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 7,228

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,096 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • 7,228 Sq Ft Lot
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1889
  • Assessor Parcel Number 1048052190000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,995
  • Insurance Expense $2,000
  • Maintenance Expense $9,100
  • Professional Management Expense $2,800
  • Trash Expense $1,872
  • Water Sewer Expense $3,372
  • New Taxes Expense $4,496
  • Gross Income $4,880
  • Net Operating Income $24,285

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

7,228 Sq Ft Lot

Parking

6

Listing Details

  • Professional Management Expense: 2800.00
  • Water Sewer Expenses: 3372.00
  • Property Type: Residential Income
  • Gardener Expense: 1995.00
  • Parcel Number: 1048052190000
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: One
  • Price Per Square Foot: 229.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 18.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 1872.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7228.00
  • Lot Size Acres: 0.1660

Multi Family

  • Gross Income: 4880.00
  • Gross Scheduled Income: 50000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7228.0000 Square Feet
  • Maintenance Expense: 9100.00
  • Net Operating Income: 24285.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 25715.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4496.00
  • Tax Lot: 8
  • Tax Tract Number: 1889
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
Chen Chaeloe Yu Hsiu
Bought by
Laulas Llc
Current Estimated Value
$851,693

Purchase Details

Listed on
May 23, 2012
Closed on
Jul 24, 2012
Sold by
Caceres Maria Elizabeth
Bought by
Chen Chaeloe Yu Hsiu
Seller's Agent
Leslie Nixon
SUPERIOR PROPERTY MANAGEMENT
Buyer's Agent
David Tsai
SGVAPARTMENTS.COM INC
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$180,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Laulas Llc -- None Available
Chen Chaeloe Yu Hsiu $240,000 Advantage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Chaeloe Yu Hsiu $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2012 07/30/12 Sold $480,000 0.0% $229 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $480,000 -- $229 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,267 $295,543 $71,176 $224,367
2024 $3,193 $289,748 $69,780 $219,968
2023 $3,103 $284,067 $68,412 $215,655
2022 $3,062 $278,497 $67,071 $211,426
2021 $3,043 $273,036 $65,756 $207,280
2020 $2,989 $270,237 $65,082 $205,155
2019 $2,964 $264,938 $63,806 $201,132
2018 $2,923 $259,743 $62,555 $197,188
2017 $2,818 $254,650 $61,328 $193,322
2016 $2,707 $249,656 $60,125 $189,531
2015 $2,689 $245,906 $59,222 $186,684
2014 $2,605 $241,089 $58,062 $183,027
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Leslie Nixon

    SUPERIOR PROPERTY MANAGEMENT

    (909) 391-1784

    1 Total Sale

    Leslie Nixon
    Section Image

  • D

    Buyer's Agent in 2012

    David Tsai

    SGVAPARTMENTS.COM INC

    (626) 318-7778

    4 Total Sales

    David Tsai
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12065682

California Regional Multiple Listing Service (CRMLS)

APN: 1048-052-19

California San Bernardino County Ontario 91762 Downtown Ontario

1022 N Laurel Ave, Ontario, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.