NOT LISTED FOR SALE

12589 Ross Ave Chino, CA 91710

Estimated Value: $815,000 - $1,130,000

8 Beds
4 Baths
2,940 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $725,000 $247 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,781/month

4 Days on Market

About This Home

As of August 2016

A hard to find 3 units and a 19435 sf lot. Duplex with two bedrooms each and a front house with 4 bedrooms and 2 bath locate on a very large lot.
This property has a lots of room for parking including R.V., Boats and ETC. You don't want to let this opportunity pass you by!!!!!
Set in a very unique part of Chino with sprawling half acre lot. The yard offers a variety of fruit trees and back yard is entertainers paradise.
All three units has been upgraded and well kept and offer neutral paint colors, tile and laminate flooring. Large patio area behind duplex with storage rooms, double pane windows in both duplexes and front house. All with their own washer and dyer hook ups.
Truly turnkey opportunity for someone looking for excellent investment opportunity or live in and rent other units.
Close to Old Town, schools, shopping and freeway access.

Last Agent to Sell the Property

Bruce Kwon

IRN Realty License #01035513 Listed on: 06/21/2016

IRN Realty

Last Buyer's Agent

aurora eguino

KING REALTY GROUP, INC License #01021560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.45 Acre Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Home Design

  • 2,940 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 3 Carport Spaces

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 3159
  • Assessor Parcel Number 1015441120000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $700
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • New Taxes Expense $6,500
  • Gross Income $4,000
  • Net Operating Income $33,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0.45 Acres

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Gardener Expense: 700.00
  • Parcel Number: 1015441120000
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 246.60

Exterior Features

  • Fencing: Block, Chain Link
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 19435.00
  • Price Per Lot Square Foot: 37.30

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 33400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12200.00
  • Rent Control: No
  • Total Actual Rent: 4200.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Lot: 49
  • Tax Tract Number: 3159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2016
Sold by
Izaguirre Abel
Bought by
Izaguirre Abel
Current Estimated Value
$960,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$241,227
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$719,187

Purchase Details

Closed on
Nov 16, 2016
Sold by
Deharo Isis
Bought by
Izaguirre Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$241,227
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$719,187

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 6, 2016
Sold by
Rho Young Chul
Bought by
Izaguirre Abel
Seller's Agent
Bruce Kwon
IRN Realty
Buyer's Agent
aurora eguino
KING REALTY GROUP, INC
List Price
$695,000
Sold Price
$725,000
Premium/Discount to List
$30,000
4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
Jul 9, 2015
Sold by
Rohrer Mary F
Bought by
Rho Young Chul and Rho Young Sim

Purchase Details

Closed on
Apr 29, 2014
Sold by
Da Rocha Juvenal
Bought by
Da Rocha Juvenal
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Izaguirre Abel -- Corinthian Title Company
Izaguirre Abel -- Corinthian Title Company
Izaguirre Abel $725,000 Ticor Title Company
Rho Young Chul $592,000 Chicago Title Company
Da Rocha Juvenal -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Izaguirre Abel $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2016 08/22/16 Sold $725,000 0.0% $247 / Sq Ft
06/30/2016 06/30/16 Off Market $725,000 -- --
06/21/2016 06/21/16 For Sale $695,000 +17.4% $236 / Sq Ft
10/01/2015 10/01/15 Sold $592,000 -6.0% $393 / Sq Ft View Prior Sale
09/02/2015 09/02/15 Pending -- -- --
08/24/2015 08/24/15 Price Changed $629,900 -3.1% $419 / Sq Ft
08/11/2015 08/11/15 For Sale $649,900 0.0% $432 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $649,900 -- $432 / 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 $9,408 $841,425 $294,790 $546,635
2024 $9,158 $824,927 $289,010 $535,917
2023 $8,905 $808,752 $283,343 $525,409
2022 $8,852 $792,894 $277,787 $515,107
2021 $8,680 $777,347 $272,340 $505,007
2020 $8,568 $769,376 $269,547 $499,829
2019 $8,419 $754,290 $264,262 $490,028
2018 $8,233 $739,500 $259,080 $480,420
2017 $8,086 $725,000 $254,000 $471,000
2016 $2,090 $191,756 $46,902 $144,854
2015 $1,976 $188,875 $46,197 $142,678
2014 $1,936 $185,175 $45,292 $139,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16134270

California Regional Multiple Listing Service (CRMLS)

APN: 1015-441-12

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