NOT LISTED FOR SALE

1165 E Elma St Ontario, CA 91764

Estimated Value: $695,000 - $877,000

5 Beds
3 Baths
2,152 Sq Ft
$380/Sq Ft Est. Value

Last Sold September 18, 2017

Last sale price $500,000 $232 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,787/month

179 Days on Market

About This Home

As of September 2017

This home is located at 1165 E Elma St, Ontario, CA 91764 since 20 February 2017 and is currently estimated at $818,673, approximately $380 per square foot. This property was built in 1956. 1165 E Elma St is a home located in San Bernardino County with nearby schools including Mariposa Elementary, Ray Wiltsey Middle School, and Colony High.

Last Agent to Sell the Property

Nida Jocson

RE/MAX MASTERS REALTY License #01083599 Listed on: 02/20/2017

RE/MAX MASTERS REALTY

Last Buyer's Agent

Irene Santos

KING REALTY GROUP, INC License #00965253

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,690 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • 2,152 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1048463430000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $870
  • Water Sewer Expense $3,600
  • New Taxes Expense $870
  • Operating Expense $5,310
  • Gross Income $35,400
  • Net Operating Income $30,090

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • CapRate: 5.70
  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 1048463430000
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 232.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 6690.00

Multi Family

  • Gross Income: 35400.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 870.00
  • Net Operating Income: 30090.00
  • 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: 5310.00
  • Rent Control: No
  • Total Expenses: 5310.00

Tax Info

  • New Taxes Expense: 870.00
  • Tax Census Tract: 15.03
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2017
Closed on
Aug 15, 2017
Sold by
Querido Joseph Alex
Bought by
Cazares Martha E and The Martha E Cazares Trust
Seller's Agent
Nida Jocson
RE/MAX MASTERS REALTY
Buyer's Agent
Irene Santos
KING REALTY GROUP, INC
List Price
$525,888
Sold Price
$500,000
Premium/Discount to List
-$25,888
-4.92%
Current Estimated Value
$818,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,673
Avg. Annual Appreciation
6.12%
Original Mortgage
$175,000
Outstanding Balance
$145,906
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$672,767

Purchase Details

Closed on
Jul 23, 2004
Sold by
Mendez Joel
Bought by
Querido Joseph Alex and Querido Maria Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2002
Sold by
Mendez Ramona 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
$140,000
Interest Rate
6.78%

Purchase Details

Closed on
Jun 7, 2002
Sold by
Sandusky Aaron
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
$140,000
Interest Rate
6.78%

Purchase Details

Closed on
Sep 14, 2001
Sold by
Hud
Bought by
Sandusky Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 30, 2000
Sold by
Matrix Financial Services Corp
Bought by
Hud

Purchase Details

Closed on
Aug 29, 2000
Sold by
Olayiwola Kazeem A
Bought by
Matrix Financial Services Corp

Purchase Details

Closed on
Feb 14, 1994
Sold by
Olayiwola Kazeem A and Olayiwola Joy
Bought by
Olayiwola Kazeem A and Olayiwola Joy Asimisi
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

Purchase History

Date Buyer Sale Price Title Company
Cazares Martha E $500,000 Provident Title
Querido Joseph Alex $399,500 Stewart Title Company
Mendez Joel -- Commerce Title
Mendez Joel $155,000 Commerce Title
Sandusky Aaron $148,000 Benefit Land Title Company
Hud -- Fidelity National Title
Matrix Financial Services Corp $122,677 Fidelity National Title
Olayiwola Kazeem A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cazares Martha E $175,000
Previous Owner Querido Joseph Alex $319,200
Previous Owner Mendez Joel $140,000
Previous Owner Sandusky Aaron $155,000
Closed Querido Joseph Alex $39,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2017 09/18/17 Sold $500,000 -4.9% $232 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $525,888 -- $244 / 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 $6,117 $568,915 $199,120 $369,795
2024 $6,117 $557,760 $195,216 $362,544
2023 $5,945 $546,823 $191,388 $355,435
2022 $5,867 $536,101 $187,635 $348,466
2021 $5,830 $525,589 $183,956 $341,633
2020 $5,728 $520,200 $182,070 $338,130
2019 $5,679 $510,000 $178,500 $331,500
2018 $5,601 $500,000 $175,000 $325,000
2017 $5,291 $480,298 $180,156 $300,142
2016 $5,082 $470,881 $176,624 $294,257
2015 $4,662 $428,200 $107,000 $321,200
2014 $3,908 $362,900 $90,700 $272,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17035577

California Regional Multiple Listing Service (CRMLS)

APN: 1048-463-43