NOT LISTED FOR SALE

12957 5th St Chino, CA 91710

Estimated Value: $658,000 - $841,764

4 Beds
4 Baths
1,864 Sq Ft
$413/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $799,000 $429 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,796/month

17 Days on Market

Highlights

  • Fireplace in Kitchen
  • No HOA
  • Double Pane Windows
  • Private Yard
  • 2 Car Direct Access Garage
  • Ductless Heating Or Cooling System

About This Home

As of May 2022

Two homes on a 6800 sf lot in Chino . Close to Central and Riverside Dr. Easy access to 60 Freeway. Both units recently remodeled and updated. New split A/C systems in each home. Front house built 1946, 2 bdrm. 2 bath inside laundry. Attached carport, fenced front and side yard. Rear house built in 2009, 2 bdrm, 2 bath with attached 2 car garage inside laundry and driveway from the alley. Seperate gas and electric meters for each home. Seller desires a 1031 Tax deferred exchange. Short escrow preferred. Drive by only.

Last Agent to Sell the Property

Rick Violett

Investment Brokers O.C. License #00490471 Listed on: 02/28/2022

Last Buyer's Agent

LUCIO SANCHEZ

WERE REAL ESTATE License #02027532

WERE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946 | Remodeled

Lot Details

  • 6,800 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • West Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Front Yard
  • On-Hand Building Permits

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • 1 Attached Carport Space
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Additions or Alterations
  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Asbestos Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Fireplace in Patio
  • Exterior Lighting

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • No Interior Steps
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 20 / 40
  • Tax Tract Number 40
  • Assessor Parcel Number 1020031040000
  • $2,656 per year additional tax assessments

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 $932
  • Water Sewer Expense $2,400
  • New Taxes Expense $9,200
  • Operating Expense $13,732
  • Gross Income $49,800
  • Net Operating Income $35,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1946 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2400.00
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 1020031040000
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Kitchen, Living Room, Patio, Electric, Gas, Free Standing
  • Levels: One
  • Price Per Square Foot: 428.65
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation: Combination, Raised, Slab
  • Fence: Yes
  • Fencing: Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Direct Garage Access, Driveway, Concrete, Garage Faces Rear, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Ductless, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Sprinkler System, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 6800.00
  • Lot Size Acres: 0.1561

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 49800.00
  • Gross Scheduled Income: 49800.00
  • Insurance Expense: 932.00
  • Lot Size Area: 6800.0000 Square Feet
  • Net Operating Income: 35700.00
  • 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
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 14100.00
  • Other Income Description: both units leased
  • Rent Control: No
  • Total Actual Rent: 4150.00
  • Total Expenses: 13732.00

Tax Info

  • New Taxes Expense: 9200.00
  • Tax Block: 40
  • Tax Census Tract: 6.05
  • Tax Lot: 20
  • Tax Tract Number: 40
  • TaxOtherAnnualAssessmentAmount: 2656.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
May 2, 2022
Sold by
Singh and Kamalijit
Bought by
Duran Amparo and Duran Danielle Juana
Seller's Agent
Rick Violett
Investment Brokers O.C.
Buyer's Agent
LUCIO SANCHEZ
WERE REAL ESTATE
List Price
$799,000
Sold Price
$799,000
Current Estimated Value
$770,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,559
Avg. Annual Appreciation
-0.99%
Original Mortgage
$399,000
Outstanding Balance
$374,605
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$395,836

Purchase Details

Closed on
Aug 18, 2021
Sold by
Singh Jasbir
Bought by
Singh Jasbir and Singh Kamaljit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2009
Sold by
Singh Kamaljit
Bought by
Singh Jasbir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2009
Sold by
Singh Shawndeep
Bought by
Singh Jasbir

Purchase Details

Closed on
Mar 9, 2009
Sold by
Us Bank National Association
Bought by
Singh Shawndeep

Purchase Details

Closed on
Oct 20, 2008
Sold by
Meneses Jesus
Bought by
Us Bank Na and Jpmorgan Chase Bank Na Jpmac 2006-Rmi

Purchase Details

Closed on
Apr 12, 2006
Sold by
Marquez Daisy Cristina
Bought by
Meneses Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2004
Sold by
Alvarez Juan Jose
Bought by
Marquez Daisy Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2002
Sold by
Garsia Rosalva
Bought by
Alvarez Juan Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
6.52%

Purchase Details

Closed on
Jul 23, 2002
Sold by
The Celso V Garcia Living Trust
Bought by
Alvarez Juan Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
6.52%

Purchase Details

Closed on
Jan 11, 2002
Sold by
Garcia Celso V
Bought by
The Celso V Garcia Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duran Amparo $799,000 Chicago Title
Singh Jasbir -- Clearmark Title Company
Singh Jasbir -- Fidelity National Title
Singh Jasbir -- None Available
Singh Shawndeep $130,000 Chicago Title
Us Bank Na $129,740 First American
Meneses Jesus $452,500 Financial Title
Marquez Daisy Cristina $350,000 Southland Title
Alvarez Juan Jose -- Lawyers Title Company
Alvarez Juan Jose $191,000 Lawyers Title Company
The Celso V Garcia Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duran Amparo $399,000
Previous Owner Singh Jasbir $250,000
Previous Owner Singh Jasbir $180,000
Previous Owner Meneses Jesus $362,000
Previous Owner Marquez Daisy Cristina $264,000
Previous Owner Alvarez Juan Jose $171,900
Closed Marquez Daisy Cristina $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $799,000 0.0% $429 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $799,000 -- $429 / 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 $9,206 $847,906 $222,854 $625,052
2024 $9,206 $831,280 $218,484 $612,796
2023 $8,951 $814,980 $214,200 $600,780
2022 $2,709 $239,980 $55,215 $184,765
2021 $2,656 $235,274 $54,132 $181,142
2020 $2,622 $232,862 $53,577 $179,285
2019 $2,577 $228,296 $52,526 $175,770
2018 $2,521 $223,820 $51,496 $172,324
2017 $2,476 $219,431 $50,486 $168,945
2016 $2,315 $215,128 $49,496 $165,632
2015 $2,270 $211,897 $48,753 $163,144
2014 $2,225 $207,746 $47,798 $159,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22039887

California Regional Multiple Listing Service (CRMLS)

APN: 1020-031-04