NOT LISTED FOR SALE

1218 S Cypress Ave Unit B Ontario, CA 91762

Downtown Ontario Neighborhood

Estimated Value: $488,000 - $505,870

3 Beds
2.5 Baths
1,512 Sq Ft
$328/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $305,000 $202 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,330/month

Highlights

  • Spa
  • Wood Flooring
  • Tennis Courts
  • Gated Community
  • End Unit
  • 2 Car Attached Garage

About This Home

As of March 2023

2 Story Town Home in a Gated Community with 3 bedrooms and 2 bathrooms upstairs, laundry room and extra linen closet all upstairs. Half bath down stairs. Large and bright wood floor family room open to dinning room with fireplace. 2 way entrance to the Kitchen with lots of cabinets, 2 car garage, private concrete patio yard. Community has Pool, tennis court, and lot of grass area, Park nearby. After entering the gate, drive pass the Tennis Court then the 1st building on the right is 1218, unit B is around the building to the left.

Last Agent to Rent the Property

Scott Chang

168 Realty Inc. License #01814168 Listed on: 01/31/2023

Co-Listed By

Wan Chang

168 Realty Inc. License #01940167

Last Renter's Agent

Scott Chang

168 Realty Inc. License #01814168 Listed on: 01/31/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 1981

Lot Details

  • 1,512 Sq Ft Lot
  • End Unit
  • Two or More Common Walls
  • Wood Fence

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Interior Spaces

  • 1,512 Sq Ft Home
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

Outdoor Features

  • Spa
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes association dues, water
  • 12-Month Minimum Lease Term
  • Available 1/30/23
  • Tax Lot 1
  • Tax Tract Number 11367
  • Assessor Parcel Number 1011552290000

Community Details

Overview

  • 140 Units
  • Lordon Management Association

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,730

Year Built

Built in 1981

Lot Details

0

HOA Fees

$390 per month

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2023-01-30
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Cimarron Oaks IV
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 1011552290000
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1512.00 Square Feet
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1.85
  • Room Type: All Bedrooms Up
  • Spa Features: Association
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Closet, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 390.00
  • Association Fee Frequency: Monthly
  • Association Name: Lordon Management
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Ontario-Montclair

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1512.00
  • Lot Size Acres: 0.0347

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1512.0000 Square Feet
  • Management Co: 168 Realty
  • Management Co Phone: 6269657788
  • Number Of Units In Community: 140
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Water

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 11367

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2017
Closed on
Oct 25, 2017
Sold by
Chiang Carrie
Bought by
Tseng Wen Yu
Seller's Agent
Scott Chang
168 Realty Inc.
Buyer's Agent
Jennifer Wang
VasTree Real Estate
List Price
$298,000
Sold Price
$305,000
Premium/Discount to List
$7,000
2.35%
Current Estimated Value
$495,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,468
Avg. Annual Appreciation
6.34%
Original Mortgage
$220,000
Outstanding Balance
$184,252
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$311,216

Purchase Details

Listed on
Apr 3, 2014
Closed on
Mar 10, 2014
Sold by
Wu Robert and The Robert Wu Separate Propert
Bought by
Chiang Carrie
Seller's Agent
Dorine Tuan
COLDWELL BANKER DYNASTY/ARC
Buyer's Agent
Johnson Hoang
Moon Realty
Sold Price
$1,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Feb 22, 2012
Sold by
Wu Robert
Bought by
Wu Robert and The Robert Wu Separate Propert

Purchase Details

Closed on
Jul 16, 2009
Sold by
Us Bank National Association
Bought by
Wu Robert

Purchase Details

Closed on
Aug 1, 2008
Sold by
Mitelan Ushalini E
Bought by
Us Bank Na and Citigroup Mortgage Loan Trust Inc For As

Purchase Details

Closed on
Sep 7, 2005
Sold by
Theivendran Mitelan
Bought by
Mitelan Ushalini E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 19, 2005
Sold by
Latumo Laura Araceli
Bought by
Mitelan Ushalini E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 11, 2004
Sold by
Laturno Laura
Bought by
Laturno Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2002
Sold by
Laturno Steven D
Bought by
Laturno Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,080
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2002
Sold by
Cruser Todd L and Cruser Siriwan Athikunsin
Bought by
Laturno Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,080
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2002
Sold by
Richmond Robert D
Bought by
Richmond Angela L and Dixon Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
7.18%
Mortgage Type
VA

Purchase Details

Closed on
Apr 12, 2002
Sold by
Dixon Angela L and Richmond Angela L
Bought by
Cruser Todd R and Cruser Siriwan Athikunsin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
7.18%
Mortgage Type
VA

Purchase Details

Closed on
Aug 30, 2001
Sold by
Benitez Octavio and Benitez Lucila
Bought by
Dixon Angel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.9%

Purchase Details

Closed on
Jul 2, 1999
Sold by
Hud
Bought by
Benitez Octoavio and Benitez Lucila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,096
Interest Rate
7.63%

Purchase Details

Closed on
Jun 3, 1998
Sold by
Holloway Paula D and Holloway Mary E
Bought by
First Nationwide Mtg Corp

Purchase Details

Closed on
Feb 26, 1998
Sold by
First Nationwide Mtg Corp
Bought by
Hud
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
Tseng Wen Yu $305,000 Wfg National Title Ca
Chiang Carrie $230,000 Ticor Title
Wu Robert -- Accommodation
Wu Robert $138,000 Stewart Title
Us Bank Na $142,350 Stewart Title Co
Mitelan Ushalini E -- Southland Title Of Burbank
Mitelan Ushalini E $320,000 Southland Title Of Burbank
Laturno Laura -- North American Title Company
Laturno Laura -- New Century Title Company
Laturno Laura $164,000 New Century Title Company
Richmond Angela L -- Gateway Title Company
Cruser Todd R $142,000 Gateway Title Company
Dixon Angel L $117,000 First American Title
Benitez Octoavio $81,000 Benefit Land Title
First Nationwide Mtg Corp $102,747 Fidelity National Title Ins
Hud -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tseng Wen Yu $220,000
Previous Owner Mitelan Ushalini E $64,000
Previous Owner Mitelan Ushalini E $256,000
Previous Owner Laturno Laura $180,000
Previous Owner Laturno Laura $159,080
Previous Owner Cruser Todd R $144,200
Previous Owner Dixon Angel L $116,000
Previous Owner Benitez Octoavio $79,096
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2023 03/16/23 Rented $2,800 0.0% --
03/01/2023 03/01/23 Under Contract -- -- --
01/31/2023 01/31/23 For Rent $2,800 0.0% --
11/14/2017 11/14/17 Sold $305,000 -1.0% $202 / Sq Ft View Prior Sale
10/16/2017 10/16/17 Pending -- -- --
09/14/2017 09/14/17 Price Changed $308,000 +3.4% $204 / Sq Ft
08/12/2017 08/12/17 For Sale $298,000 0.0% $197 / Sq Ft
02/13/2015 02/13/15 Rented $1,700 0.0% --
02/13/2015 02/13/15 For Rent $1,700 -5.6% --
04/03/2014 04/03/14 Rented $1,800 0.0% --
04/03/2014 04/03/14 For Rent $1,800 0.0% --
03/21/2014 03/21/14 Sold $230,000 -3.4% $152 / Sq Ft View Prior Sale
02/13/2014 02/13/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $238,000 -- $157 / 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 $3,730 $347,038 $121,464 $225,574
2024 $3,730 $340,233 $119,082 $221,151
2023 $3,625 $333,562 $116,747 $216,815
2022 $3,577 $327,022 $114,458 $212,564
2021 $3,555 $320,610 $112,214 $208,396
2020 $3,493 $317,322 $111,063 $206,259
2019 $3,463 $311,100 $108,885 $202,215
2018 $3,415 $305,000 $106,750 $198,250
2017 $2,678 $242,935 $85,027 $157,908
2016 $2,572 $238,172 $83,360 $154,812
2015 $2,555 $234,595 $82,108 $152,487
2014 $1,570 $145,313 $50,543 $94,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23016665

California Regional Multiple Listing Service (CRMLS)

APN: 1011-552-29