NOT LISTED FOR SALE

1091 E Nocta St Ontario, CA 91764

Estimated Value: $782,000 - $836,059

2 Beds
1 Bath
2,312 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $525,000 $227 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,862/month

15 Days on Market

About This Home

As of October 2019

3 units Opportunity in Ontario Ca. Featuring 2 bedroom, 1 bath . All units have an attached 1 detached car garage. All units are individually metered for gas and electric. Landlord pays water, sewer, trash. Current rents are low and allows for rent increases with some touch up to the units. Prime location, close to Ontario Airport, Convention Center, and Ontario Mills Mall. Walk to shopping, public transportation, sporting venues, parks and schools! Please do not disturb the tenants!

Last Agent to Sell the Property

Sandra Bahena

Elevate Real Estate Agency License #01301536 Listed on: 09/08/2019

Last Buyer's Agent

Sandra Bahena

Elevate Real Estate Agency License #01301536 Listed on: 09/08/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,173

Year Built

  • Built in 1955

Lot Details

  • 6,192 Sq Ft Lot
  • Two or More Common Walls
  • Zero Lot Line

Parking

  • 3 Car Garage

Home Design

  • 2,312 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 1923

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $150
  • Water Sewer Expense $50
  • Operating Expense $200
  • Gross Income $34,800
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,173

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 50.00
  • Property Type: Residential Income
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 227.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 6192.00
  • Lot Size Acres: 0.1421

Multi Family

  • Gross Income: 34800.00
  • Gross Scheduled Income: 37200.00
  • Lot Size Area: 6192.0000 Square Feet
  • Net Operating Income: 34800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Expenses: 200.00

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 1923

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2019
Closed on
Sep 26, 2019
Sold by
Fregoso Raul and Fregoso Martha
Bought by
Varela Jacquelin
Seller's Agent
Sandra Bahena
Elevate Real Estate Agency
Buyer's Agent
Sandra Bahena
Elevate Real Estate Agency
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$816,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,015
Avg. Annual Appreciation
8.24%
Original Mortgage
$393,750
Outstanding Balance
$347,086
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$489,103

Purchase Details

Closed on
Jul 13, 2004
Sold by
Mendez Ramona
Bought by
Fregoso Raul and Fregoso Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,925
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2004
Sold by
Mendez Joel
Bought by
Mendez Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,925
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2003
Sold by
Teeter Misty R
Bought by
Mendez Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
6.3%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 10, 2003
Sold by
Mendez Ramona R
Bought by
Mendez Joel

Purchase Details

Closed on
Feb 5, 2003
Sold by
Teeter Misty R
Bought by
Teeter Misty R and Mendez Joel

Purchase Details

Closed on
May 25, 2001
Sold by
West Coast Funding
Bought by
Teeter Misty R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,120
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 1998
Sold by
Sherwood Robin E
Bought by
West Coast Funding

Purchase Details

Closed on
Jan 8, 1997
Sold by
Glendale Federal Bank Fsb
Bought by
Sherwood Robin E and Sherwood Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.81%

Purchase Details

Closed on
Dec 3, 1996
Sold by
Pickard Harry and Pickard Joanne
Bought by
Glendale Federal Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.81%

Purchase Details

Closed on
Jun 29, 1995
Sold by
Pickard Joanne N
Bought by
Pickard Harry L
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
Varela Jacquelin $525,000 Lawyers Title
Fregoso Raul $399,900 Stewart Title Company
Mendez Ramona -- Stewart Title Company
Mendez Joel -- Southland Title
Mendez Joel -- Commerce Title Company
Teeter Misty R -- Commerce Title Company
Teeter Misty R $179,000 Fidelity National Title Ins
West Coast Funding $48,226 American Title Co
Sherwood Robin E $75,000 First American Title Ins Co
Glendale Federal Bank Fsb $89,336 First American Title Ins Co
Pickard Harry L -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varela Jacquelin $393,750
Previous Owner Fregoso Raul $353,300
Previous Owner Fregoso Raul $344,000
Previous Owner Fregoso Raul $299,925
Previous Owner Mendez Joel $176,400
Previous Owner Teeter Misty R $177,120
Previous Owner Sherwood Robin E $36,000
Previous Owner Sherwood Robin E $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $525,000 0.0% $227 / Sq Ft
09/17/2019 09/17/19 Off Market $525,000 -- --
09/08/2019 09/08/19 For Sale $525,000 -- $227 / 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 $6,173 $574,164 $240,603 $333,561
2024 $6,173 $562,906 $235,885 $327,021
2023 $6,000 $551,869 $231,260 $320,609
2022 $5,920 $541,048 $226,725 $314,323
2021 $5,884 $530,439 $222,279 $308,160
2020 $5,890 $525,000 $220,000 $305,000
2019 $5,565 $499,705 $187,436 $312,269
2018 $5,488 $489,907 $183,761 $306,146
2017 $5,291 $480,301 $180,158 $300,143
2016 $5,082 $470,883 $176,625 $294,258
2015 $5,048 $463,810 $173,972 $289,838
2014 $4,891 $454,724 $170,564 $284,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19214865

California Regional Multiple Listing Service (CRMLS)

APN: 1048-462-13