NOT LISTED FOR SALE

12979 9th St Chino, CA 91710

Estimated Value: $813,000 - $924,000

5 Beds
3 Baths
2,253 Sq Ft
$389/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $825,000 $366 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,330/month

9 Days on Market

Highlights

  • No HOA
  • Living Room
  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2022

Look no further, THIS is the income producing property you've been waiting for!!! Beautifully renovated with a modern touch. The first home features 3 bedrooms, 1 bath, a 1 car garage plus driveway parking, a cozy living room area, a spacious kitchen with plenty of cabinet space and new appliances, new flooring and paint throughout plus new AC. The second home features 2 bedrooms and 1.5 baths and has also been completely renovated. This unit features a lovely living room area, brand new kitchen with new cabinets and appliances, updated bathrooms, separate rear alley access, plus each have their own patio space. PERFECT to live in one and rent out the other. Don't sleep on this one, it won't be here for long. See it today!

Last Agent to Sell the Property

Mike Durkin

LIGHTHOUSE REAL ESTATE License #00911921 Listed on: 02/09/2022

Last Buyer's Agent

VITRIA KARYOATMODJO

LPT Realty, Inc License #02148813

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 10,200 Sq Ft Lot
  • No Common Walls
  • Corners Of The Lot Have Been Marked

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,253 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 2 / 5
  • Assessor Parcel Number 1020051030000
  • $2,191 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Gardener Expense $100
  • Insurance Expense $93
  • Trash Expense $100
  • Water Sewer Expense $150
  • Operating Expense $543
  • Gross Income $54,000
  • Net Operating Income $47,484

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

10,200 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 150.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 1020051030000
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 366.18
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corners Marked
  • Lot Size Sq Ft: 10200.00
  • Lot Size Acres: 0.2342

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 54000.00
  • Gross Scheduled Income: 4500.00
  • Insurance Expense: 93.00
  • Lot Size Area: 10200.0000 Square Feet
  • Net Operating Income: 47484.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6516.00
  • Rent Control: No
  • Total Expenses: 543.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 6.05
  • Tax Lot: 2
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 2191.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Feb 22, 2022
Sold by
Blue Wave Investments Inc
Bought by
Zhou Zhaokun
Seller's Agent
Mike Durkin
LIGHTHOUSE REAL ESTATE
Buyer's Agent
VITRIA KARYOATMODJO
LPT Realty, Inc
List Price
$789,000
Sold Price
$825,000
Premium/Discount to List
$36,000
4.56%
Current Estimated Value
$876,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,511
Avg. Annual Appreciation
1.56%

Purchase Details

Closed on
Jun 7, 2021
Sold by
Rose Robert and Rose Margaret
Bought by
Blue Wave Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2017
Sold by
Sanders Martha L
Bought by
Rose Robert and Rose Margaret

Purchase Details

Closed on
Jan 26, 2001
Sold by
Porsch Thomas L and Sanders Martha L
Bought by
Sanders Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
11.25%

Purchase Details

Closed on
Nov 9, 1998
Sold by
Ramirez Robert and Ramirez Theresa M
Bought by
Porsch Thomas L and Sanders Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
11.25%
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
Zhou Zhaokun $825,000 Orange Coast Title
Blue Wave Investments Inc $450,000 Orange Coast Ttl Co Of Socal
Rose Robert -- None Available
Sanders Martha L -- Old Republic Title Company
Porsch Thomas L $138,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Wave Investments Inc $458,000
Previous Owner Sanders Martha L $133,600
Previous Owner Porsch Thomas L $110,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold $825,000 +4.6% $366 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $789,000 -- $350 / 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 $9,764 $875,497 $306,424 $569,073
2024 $9,504 $858,331 $300,416 $557,915
2023 $9,219 $841,500 $294,525 $546,975
2022 $5,012 $450,000 $160,000 $290,000
2021 $2,191 $202,183 $94,432 $107,751
2020 $2,162 $200,110 $93,464 $106,646
2019 $3,981 $364,140 $124,848 $239,292
2018 $3,892 $357,000 $122,400 $234,600
2017 $2,141 $191,065 $81,590 $109,475
2016 $2,002 $187,318 $79,990 $107,328
2015 $1,962 $184,504 $78,788 $105,716
2014 $1,923 $180,890 $77,245 $103,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22025855

California Regional Multiple Listing Service (CRMLS)

APN: 1020-051-03

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