NOT LISTED FOR SALE

1240 W Francis St Ontario, CA 91762

Downtown Ontario Neighborhood

Estimated Value: $947,000 - $1,277,000

9 Beds
6 Baths
3,676 Sq Ft
$316/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $700,000 $190 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,832/month

43 Days on Market

Highlights

  • 139,392 Sq Ft lot
  • Neighborhood Views
  • Wood Frame Window
  • No HOA
  • Two Homes on a Lot
  • Tile Countertops

About This Home

As of August 2016

HUGE LOT 3.2 ACRES!! ZONED AR-2 GREAT AGRICULTURAL PROPERTY THAT IS FORMERLY BEING USED AS A BOARD AND CARE FACILITY. PROPERTY CONSISTS OF 2 DETACHED HOMES. PROPERTY IS IN NEED OF SOME REPAIRS BUT THE OWNER IS WILLING TO DUE REPAIRS WITH ACCEPTABLE OFFER.

Last Agent to Sell the Property

Philip Wallace

Premier Realty Associates License #01955492 Listed on: 04/09/2016

Premier Realty Associates

Last Buyer's Agent

Philip Wallace

Premier Realty Associates License #01955492 Listed on: 04/09/2016

Premier Realty Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,944

Year Built

  • Built in 1945

Lot Details

  • 3.2 Acre Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence

Parking

  • 4 Car Garage

Home Design

  • Entry on the 1st floor
  • Fixer Upper
  • Slab Foundation
  • Tile Roof
  • Clay Roof

Interior Spaces

  • 3,676 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Casement Windows
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Additional Features

  • No Interior Steps
  • Two Homes on a Lot
  • Suburban Location
  • Agricultural

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 3179
  • Assessor Parcel Number 1014211090000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,944

Year Built

Built in 1945

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: AR
  • Architectural Style: Ranch
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 1014211090000
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 190.42
  • Room Type: All Bedrooms Down
  • Window Features: Casement Windows, Wood Frames

Exterior Features

  • Foundation: Slab
  • Other Structures: Two On A Lot
  • View: Neighborhood
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Clay, Tile
  • Spa: No
  • Construction Materials: Block

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Agricultural - Other, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 139392.00
  • Price Per Lot Square Foot: 5.02

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 3179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2019
Sold by
Qibla Living Trust
Bought by
Sheikh Hirah Hafiz
Current Estimated Value
$1,162,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,000
Outstanding Balance
$521,185
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$641,719

Purchase Details

Closed on
Nov 22, 2016
Sold by
Sheikh Abdul H
Bought by
Asma Sheikh Abdul H and Asma Nausheen

Purchase Details

Listed on
Apr 9, 2016
Closed on
Jul 19, 2016
Sold by
Navsheen Asma
Bought by
Sheikh Abdul H
Seller's Agent
Philip Wallace
Premier Realty Associates
Buyer's Agent
Philip Wallace
Premier Realty Associates
List Price
$999,000
Sold Price
$700,000
Premium/Discount to List
-$299,000
-29.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$483,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2016
Closed on
Jul 17, 2016
Sold by
West Dorothy and The Hazel G Roberts Trust
Bought by
Sheikh Abdul H
Seller's Agent
Philip Wallace
Premier Realty Associates
Buyer's Agent
Philip Wallace
Premier Realty Associates
List Price
$999,000
Sold Price
$700,000
Premium/Discount to List
-$299,000
-29.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Roberts Hazel G
Bought by
Roberts Hazel G and The Hazel G Roberts Trust
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
Sheikh Hirah Hafiz -- Provident Title Company
Sheikh Hirah Hafiz -- Provident Title Company
Asma Sheikh Abdul H -- None Available
Sheikh Abdul H -- Lawyers Title Sd
Sheikh Abdul H $700,000 Lawyers Title Sd
Roberts Hazel G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheikh Hirah Hafiz $594,000
Previous Owner Sheikh Abdul H $483,750
Previous Owner Sheikh Abdul H $483,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $700,000 -29.9% $190 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $999,000 -- $272 / 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 $8,944 $812,410 $380,672 $431,738
2024 $8,944 $796,481 $373,208 $423,273
2023 $8,791 $780,864 $365,890 $414,974
2022 $8,680 $765,553 $358,716 $406,837
2021 $8,444 $750,542 $351,682 $398,860
2020 $8,279 $742,846 $348,076 $394,770
2019 $8,136 $728,280 $341,251 $387,029
2018 $8,025 $714,000 $334,560 $379,440
2017 $3,763 $337,336 $229,890 $107,446
2016 $3,616 $330,721 $225,382 $105,339
2015 $3,592 $325,754 $221,997 $103,757
2014 $3,483 $319,373 $217,648 $101,725
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Philip Wallace

    Premier Realty Associates

    (714) 745-2199

    6 Total Sales

    Philip Wallace
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16074288

California Regional Multiple Listing Service (CRMLS)

APN: 1014-211-09

California San Bernardino County Ontario 91762 Downtown Ontario

1240 W Francis St, Ontario, CA

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