NOT LISTED FOR SALE

1216 S Cypress Ave Unit B Ontario, CA 91762

Downtown Ontario Neighborhood

Estimated Value: $471,000 - $475,000

3 Beds
2.5 Baths
1,512 Sq Ft
$330/mo HOA Fee

Last Sold February 24, 2012

Last sale price $125,000 $83 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $2,980/month

Highlights

  • Private Pool
  • 2 Car Attached Garage
  • Central Air
  • Tennis Courts
  • Laundry Room

About This Home

As of December 2012

This town home is located in a gated community. Living room offers cozy fireplace. Lots of cabinet spaces in the kitchen. Enclosed patio is perfect for relaxing or young children's play area. Through the enclosed patio is the 2 car garage with roll-up door. Upstairs offer 3 bedrooms and 2 baths. The master suite offers high ceiling and natural lights. Washer and dryer hook-ups are also upstairs for total convenience. Well maintained community offers swimming pool and tennis courts. Minutes away from the 10 freeway and the 60 freeway. Also, close to schools and shopping.

Last Agent to Rent the Property

Jenny Liu

eXp Realty of Greater LA, Inc. License #01348816 Listed on: 09/25/2012

eXp Realty of Greater LA, Inc.

Last Renter's Agent

Marie Decoste

First Team Real Estate License #01296374

First Team Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1981

Lot Details

  • 1,525

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,512 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Private Pool
  • Central Air

Listing and Financial Details

  • Security Deposit $2,025
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Tax Tract Number 11367
  • Assessor Parcel Number 1011552710000

Community Details

Overview

  • 139 Units

Recreation

  • Tennis Courts
  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,697

Year Built

Built in 1981

Lot Details

0

HOA Fees

$330 per month

Parking

2

Rental Info

  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2025
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 1011552710000
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1512.00
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 0.89
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s)
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 1512.00
  • Lot Size Acres: 0.0350

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1512.0000 Square Feet
  • Number Of Units In Community: 139
  • Number Of Units Total: 139
  • Rent Includes: Association Dues

Tax Info

  • Tax Tract Number: 11367

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2011
Closed on
Feb 15, 2012
Sold by
Mercado Myron
Bought by
Mercado Myron and Mercado Julie
Seller's Agent
Katherine Daville
PROSPERITY REAL ESTATE & ASSOC
Buyer's Agent
Alex Zhao
Re/Max Masters Realty
List Price
$127,000
Sold Price
$125,000
Premium/Discount to List
-$2,000
-1.57%
Current Estimated Value
$473,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,164
Avg. Annual Appreciation
10.24%

Purchase Details

Listed on
Apr 19, 2011
Closed on
Feb 14, 2012
Sold by
Mercado Myron
Bought by
Jian Ju Hsiu
Seller's Agent
Katherine Daville
PROSPERITY REAL ESTATE & ASSOC
Buyer's Agent
Alex Zhao
Re/Max Masters Realty
List Price
$127,000
Sold Price
$125,000
Premium/Discount to List
-$2,000
-1.57%

Purchase Details

Closed on
Aug 28, 2000
Sold by
Green Trudy B
Bought by
Mercado Myron A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,850
Interest Rate
8.11%

Purchase Details

Closed on
Dec 19, 1993
Sold by
Smith Robert
Bought by
Green Trudy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.09%
Mortgage Type
FHA
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
Mercado Myron -- Lawyers Title
Jian Ju Hsiu $125,000 Lawyers Title
Mercado Myron A $106,500 Benefit Land Title Company
Green Trudy B -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercado Myron A $95,850
Previous Owner Green Trudy B $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2012 12/01/12 Rented $1,350 0.0% --
11/27/2012 11/27/12 Under Contract -- -- --
09/25/2012 09/25/12 For Rent $1,350 0.0% --
02/24/2012 02/24/12 Sold $125,000 0.0% $83 / Sq Ft View Prior Sale
01/01/2012 01/01/12 Pending -- -- --
11/23/2011 11/23/11 Off Market $125,000 -- --
11/11/2011 11/11/11 Price Changed $120,000 +4.3% $79 / Sq Ft
10/10/2011 10/10/11 Price Changed $115,000 -9.4% $76 / Sq Ft
07/27/2011 07/27/11 Price Changed $127,000 0.0% $84 / Sq Ft
07/27/2011 07/27/11 For Sale $127,000 +1.6% $84 / Sq Ft
05/03/2011 05/03/11 Off Market $125,000 -- --
04/19/2011 04/19/11 For Sale $95,900 -- $63 / 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 $1,697 $157,008 $54,953 $102,055
2024 $1,697 $153,929 $53,875 $100,054
2023 $1,649 $150,911 $52,819 $98,092
2022 $1,627 $147,952 $51,783 $96,169
2021 $1,617 $145,051 $50,768 $94,283
2020 $1,589 $143,563 $50,247 $93,316
2019 $1,576 $140,748 $49,262 $91,486
2018 $1,554 $137,988 $48,296 $89,692
2017 $1,498 $135,282 $47,349 $87,933
2016 $1,439 $132,630 $46,421 $86,209
2015 $1,430 $130,638 $45,724 $84,914
2014 $1,385 $128,079 $44,828 $83,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12119736

California Regional Multiple Listing Service (CRMLS)

APN: 1011-552-71