NOT LISTED FOR SALE

1247 E Nocta St Ontario, CA 91764

Estimated Value: $693,000 - $910,000

2 Beds
1 Bath
1,768 Sq Ft
$452/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $475,000 $269 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,644/month

62 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • No HOA
  • Property is near public transit
  • Private Yard
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2020

Great income producing property located in the heart of Ontario. Close to freeways, shopping, public transportation, schools and parks. This duplex is well managed and well kept. Common areas are irrigated and the property has been recently painted and new rain gutters installed. Unit A is an 884sf 2 bedroom 1 bath unit, with wall furnace, wall AC, window AC and ceiling fans. Each unit comes with a 1 car garage and 1 car uncovered parking space. Unit B is an 884sf 2 bedroom 1 bath unit with a wall furnace, wall AC, ceiling fans, large backyard and enclosed patio for extra living space not included in square footage. Each garage has it's own washer and dryer hook-ups. Kitchens include stove/oven or range, and plenty of storage.

Last Agent to Sell the Property

Jessica Eubanks

SIMPLE REAL ESTATE GROUP License #01911855 Listed on: 12/03/2019

Co-Listed By

Alex Oddo

SIMPLE REAL ESTATE GROUP License #01198905

Last Buyer's Agent

Richard Reyes

The R.R. Network License #01847699

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,524

Year Built

  • Built in 1963

Lot Details

  • 8,212 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Single Garage Door
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,768 Sq Ft Home
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 36
  • Tax Tract Number 6659
  • Assessor Parcel Number 0110051190000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $508
  • Trash Expense $600
  • Water Sewer Expense $2,400
  • New Taxes Expense $5,582
  • Operating Expense $10,290
  • Net Operating Income $23,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,524

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 0110051190000
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 268.67
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage, Garage - Single Door, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Near Public Transit, Sprinkler System, Yard
  • Lot Size Sq Ft: 8212.00
  • Lot Size Acres: 0.1885

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 884 Square Feet
  • Gross Scheduled Income: 28380.00
  • Insurance Expense: 508.00
  • Lot Size Area: 8212.0000 Square Feet
  • Net Operating Income: 23404.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4976.00
  • Rent Control: No
  • Total Actual Rent: 28200.00
  • Total Expenses: 10290.00

Tax Info

  • New Taxes Expense: 5582.00
  • Tax Census Tract: 15.04
  • Tax Lot: 36
  • Tax Tract Number: 6659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Jul 29, 2020
Sold by
Teays Linda J and Steasiewicz Carol
Bought by
Vargas David and Moreno Odalis Munoz
Seller's Agent
Jessica Eubanks
SIMPLE REAL ESTATE GROUP
Buyer's Agent
Richard Reyes
The R.R. Network
List Price
$484,999
Sold Price
$475,000
Premium/Discount to List
-$9,999
-2.06%
Current Estimated Value
$799,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,353
Avg. Annual Appreciation
10.55%
Original Mortgage
$466,396
Outstanding Balance
$413,726
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$385,627

Purchase Details

Closed on
Nov 27, 2000
Sold by
Reed Calvin N and Reed Mary L
Bought by
Reed Calvin N and Reed Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
7.86%

Purchase Details

Closed on
Nov 2, 2000
Sold by
Reed Calvin N and Reed Mary L
Bought by
Reed Calvin N and Reed Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
7.86%
Source: Public Records

Range of Values:

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

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
Vargas David $475,000 Usa National Title Co Inc
Reed Calvin N -- --
Reed Calvin N -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas David $466,396
Previous Owner Reed Calvin N $116,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $475,000 -2.1% $269 / Sq Ft
05/01/2020 05/01/20 Price Changed $484,999 0.0% $274 / Sq Ft
05/01/2020 05/01/20 For Sale $484,999 +2.1% $274 / Sq Ft
04/07/2020 04/07/20 Off Market $475,000 -- --
04/06/2020 04/06/20 For Sale $489,999 0.0% $277 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/28/2020 01/28/20 Price Changed $489,999 -3.4% $277 / Sq Ft
12/03/2019 12/03/19 For Sale $507,500 -- $287 / 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 $5,524 $514,154 $184,013 $330,141
2024 $5,524 $504,073 $180,405 $323,668
2023 $5,368 $494,190 $176,868 $317,322
2022 $5,298 $484,500 $173,400 $311,100
2021 $5,265 $475,000 $170,000 $305,000
2020 $540 $47,340 $8,596 $38,744
2019 $536 $46,411 $8,427 $37,984
2018 $528 $45,501 $8,262 $37,239
2017 $510 $44,609 $8,100 $36,509
2016 $490 $43,734 $7,941 $35,793
2015 $487 $43,077 $7,822 $35,255
2014 $472 $42,233 $7,669 $34,564
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19274707

California Regional Multiple Listing Service (CRMLS)

APN: 0110-051-19