NOT LISTED FOR SALE

12812 Wright Ave Chino, CA 91710

Estimated Value: $969,000 - $1,235,000

7 Beds
5 Baths
2,776 Sq Ft
$375/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $830,000 $299 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,280/month

71 Days on Market

Highlights

  • RV Hookup
  • Mountain View
  • Laundry Room
  • 0.5 Acre Lot
  • Two cooling system units
  • Central Heating and Cooling System

About This Home

As of April 2019

A large half acre lot in a quiet neighborhood of Chino next to great schools and community! A large 1976 sq single story 4BR 2BA home in the front and a 2018 Newly Built fully permitted 800 sq ft 2BR 1BA separate rear unit with a separate address, separate electric meter, and separate gas meter. The rear unit is a detached 2-car garage that has been converted into a 440 sq studio with bathroom, shower and a kitchenette in 2018 used as a guest space. There are two RV parking spaces in the back with Electrical and Water hookups. GREAT PROPERTY, MUST SEE! Offer subject to Inspection!

Last Agent to Sell the Property

Kai-Ting Su

IRN Realty License #01409114 Listed on: 01/03/2019

IRN Realty

Last Buyer's Agent

Luwei Wang

IRN Realty License #01973700

IRN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,026

Year Built

  • Built in 1962

Lot Details

  • 0.5 Acre Lot
  • Two or More Common Walls
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 2,776 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • Parking Available
  • RV Hookup

Location

  • Suburban Location

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 57
  • Tax Tract Number 3022
  • Assessor Parcel Number 1016461110000

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $840
  • Gardener Expense $780
  • Insurance Expense $1,104
  • Other Expense $840
  • Trash Expense $372
  • Water Sewer Expense $1,680
  • New Taxes Expense $10,832
  • Operating Expense $16,448
  • Gross Income $57,600
  • Net Operating Income $41,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,026

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1680.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 1016461110000
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 298.99
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: RV Hook-Ups

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 372.00
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 21600.00
  • Lot Size Acres: 0.4959

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 840.00
  • Gross Income: 57600.00
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 1104.00
  • Lot Size Area: 21600.0000 Square Feet
  • Net Operating Income: 41152.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 16448.00
  • Other Expense: 840.00
  • Other Expense Description: Internet
  • Rent Control: No
  • Total Expenses: 16448.00

Tax Info

  • New Taxes Expense: 10832.00
  • Tax Census Tract: 5.01
  • Tax Lot: 57
  • Tax Tract Number: 3022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Apr 2, 2019
Sold by
Fung Matthew C and Fung Samuel C
Bought by
Lyd Llc
Seller's Agent
Kai-Ting Su
IRN Realty
Buyer's Agent
Luwei Wang
IRN Realty
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Current Estimated Value
$1,040,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,112
Avg. Annual Appreciation
3.52%

Purchase Details

Listed on
Aug 26, 2015
Closed on
Feb 26, 2016
Sold by
Fung Peggy Y
Bought by
Fung Samuel C
Seller's Agent
RUBEN GONZALES
OMEGA REALTY
Buyer's Agent
VALENE SARNO
REDFIN
List Price
$560,000
Sold Price
$513,000
Premium/Discount to List
-$47,000
-8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%
Original Mortgage
$363,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2015
Closed on
Jan 29, 2016
Sold by
Softscapes Corporation
Bought by
Fung Matthew C and Fung Samuel C
Seller's Agent
RUBEN GONZALES
OMEGA REALTY
Buyer's Agent
VALENE SARNO
REDFIN
List Price
$560,000
Sold Price
$513,000
Premium/Discount to List
-$47,000
-8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2014
Closed on
Sep 23, 2014
Sold by
Cueva Rafael
Bought by
Softscapes Corporation
Seller's Agent
Jose Valencia
Century 21 Award
Buyer's Agent
KARLA VALENCIA
King Realty Group Inc
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.53%
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
Lyd Llc $830,000 First American Title Company
Fung Samuel C -- North American Title Company
Fung Matthew C $513,000 North American Title Company
Softscapes Corporation $380,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fung Matthew C $363,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2019 04/18/19 Sold $830,000 -2.4% $299 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $850,000 +65.7% $306 / Sq Ft
03/01/2016 03/01/16 Sold $513,000 -6.7% $260 / Sq Ft View Prior Sale
01/11/2016 01/11/16 Pending -- -- --
10/28/2015 10/28/15 Price Changed $549,900 -1.8% $278 / Sq Ft
08/26/2015 08/26/15 For Sale $560,000 +47.4% $283 / Sq Ft
09/29/2014 09/29/14 Sold $380,000 -5.0% $192 / Sq Ft View Prior Sale
08/17/2014 08/17/14 For Sale $399,900 -- $202 / 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 $10,026 $925,880 $323,500 $602,380
2024 $10,026 $907,726 $317,157 $590,569
2023 $9,748 $889,927 $310,938 $578,989
2022 $9,690 $872,477 $304,841 $567,636
2021 $9,501 $855,370 $298,864 $556,506
2020 $9,378 $846,600 $295,800 $550,800
2019 $6,844 $615,799 $191,017 $424,782
2018 $6,538 $589,725 $187,272 $402,453
2017 $5,814 $523,260 $183,600 $339,660
2016 $4,093 $385,795 $137,059 $248,736
2015 $4,011 $380,000 $135,000 $245,000
2014 $2,269 $213,913 $93,683 $120,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19001007

California Regional Multiple Listing Service (CRMLS)

APN: 1016-461-11