T
Seller's Agent in 2020
Tom Musser
COLDWELL BANKER ENVISION
(909) 240-0730
5 Total Sales
1248 W J St Ontario, CA 91762
Downtown Ontario NeighborhoodEstimated Value: $1,071,000 - $1,181,127
8
Beds
8
Baths
3,552
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- Park
- Laundry Room
- 4-minute walk to Anthony Munoz Hall of Fame Park
About This Home
As of July 2020Great investment opportunity! Spacious 4-plex, close to the 10 fwy, shopping, the Montclair plaza, local park and local mountains for recreation! All units feature 2 bedrooms and 2 bathrooms that are approximately 900 square ft. Each unit has it's own garage! This property also has a coin operated laundry room for additional income! there are 2 other 4-plexs on 4th st that are for sale also, 1221 and 1227 4th st, so you can buy one or all three!
Last Agent to Sell the Property
COLDWELL BANKER ENVISION License #01498325 Listed on: 01/01/2020
Last Buyer's Agent
Felipe Sanchez
FELIPE SANCHEZ, BROKER License #01860269
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 7,378 Sq Ft Lot
- Two or More Common Walls
Parking
- 4 Car Garage
Home Design
- 3,552 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 41
- Tax Tract Number 6233
Community Details
Overview
- 4 Units
Recreation
- Park
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $450
- Insurance Expense $3,266
- Trash Expense $1,512
- Water Sewer Expense $3,624
- New Taxes Expense $10,500
- Operating Expense $19,352
- Gross Income $51,840
- Net Operating Income $25,840
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2020
Sold by
Sanchez Felipe
Bought by
Sanchez Felipe Alberto and The Sanchez Family Living Trus
Current Estimated Value
Purchase Details
Listed on
Jan 1, 2020
Closed on
Jul 21, 2020
Sold by
Mikels Marjorie E and Musser Michael E
Bought by
Sanchez Felipe
Seller's Agent
Tom Musser
COLDWELL BANKER ENVISION
Buyer's Agent
Felipe Sanchez
FELIPE SANCHEZ, BROKER
List Price
$880,000
Sold Price
$820,000
Premium/Discount to List
-$60,000
-6.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$574,000
Outstanding Balance
$509,930
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$613,352
Purchase Details
Closed on
Oct 14, 2019
Sold by
Musser Richard A and Musser Michael E
Bought by
Musser Richard A and Musser Michael E
Purchase Details
Closed on
Sep 5, 2008
Sold by
Musser Hope I
Bought by
Musser Hope I and Alvin & Hope Musser Living Tru
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sanchez Felipe Alberto | -- | None Available | |
| Sanchez Felipe | $820,000 | Orange Coast Title Co | |
| Musser Richard A | -- | None Available | |
| Musser Hope I | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sanchez Felipe | $574,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/27/2020 07/27/20 | Sold | $820,000 | -6.8% | $231 / Sq Ft |
| 06/15/2020 06/15/20 | Pending | -- | -- | -- |
| 01/01/2020 01/01/20 | For Sale | $880,000 | -- | $248 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $9,756 | $887,595 | $221,899 | $665,696 |
| 2024 | $10,086 | $870,191 | $217,548 | $652,643 |
| 2023 | $9,266 | $853,128 | $213,282 | $639,846 |
| 2022 | $9,143 | $836,400 | $209,100 | $627,300 |
| 2021 | $9,087 | $820,000 | $205,000 | $615,000 |
| 2020 | $8,800 | $800,000 | $280,000 | $520,000 |
| 2019 | $1,502 | $132,401 | $15,575 | $116,826 |
| 2018 | $1,481 | $129,805 | $15,270 | $114,535 |
| 2017 | $1,429 | $127,260 | $14,971 | $112,289 |
| 2016 | $1,373 | $124,764 | $14,677 | $110,087 |
| 2015 | $1,364 | $122,890 | $14,457 | $108,433 |
| 2014 | $1,321 | $120,483 | $14,174 | $106,309 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Musser
-
F
Buyer's Agent in 2020
Felipe Sanchez
FELIPE SANCHEZ, BROKER
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV20005002
APN: 1010-131-12
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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