NOT LISTED FOR SALE

13031 5th St Chino, CA 91710

Estimated Value: $795,000 - $1,079,000

7 Beds
4 Baths
3,024 Sq Ft
$292/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $780,000 $258 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,442/month

Highlights

  • Wood Flooring
  • Two Homes on a Lot
  • Living Room
  • Balcony
  • Double Pane Windows
  • Laundry Room

About This Home

As of March 2022

Are you ready for a once-in-a-lifetime income opportunity? If you are then now is the time to submit an offer on this large two-unit home in the beautiful town of Chino, California. First of all the location is a dream with only a short walk to the Chino Branch Library, Chino City hall, Chino Youth Museum, and even a Community Theatre! This duplex offers two detached units, the front house is 3 bedrooms and 2 bathrooms and the rear house is 4 bedrooms with 2 bathrooms. You could live in one and rent the other, rent both, or even have the whole family reside within the two homes. The front unit features one level, newer vinyl windows, an attached two-car garage, tile and wood flooring, and a large dining and family room area. The rear unit features two levels, wood, and tile floors, granite countertops, a large balcony area and covered patio area (perfect for California nights), and its own two-car garage with alley access. Investors don't miss this rare income property opportunity!

Last Agent to Sell the Property

Lionel Newman Thomas

BLUE SKY REAL ESTATE CENTER License #02015857 Listed on: 02/09/2022

Last Buyer's Agent

Anja Weltin

BLUE SKY REAL ESTATE CENTER License #02099874

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,988

Year Built

  • Built in 1947

Lot Details

  • 8,520 Sq Ft Lot
  • Lot Dimensions are 60x140x60x140
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Driveway Level

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof
  • Stone Veneer
  • Stucco

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Balcony
  • Two Homes on a Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 16 / 39
  • Assessor Parcel Number 1020032210000
  • $5,249 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,988

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 390000
  • Property Attached: No
  • Zoning: RD8 Residential
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 1020032210000
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 2
  • Entry Location: First Floor
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 257.94
  • Room Type: Family Room, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stone Veneer, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage, Garage Faces Front, Garage Faces Rear
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Rectangular Lot, Level, Sprinklers In Front
  • Lot Size: 60x140x60x140
  • Lot Size Sq Ft: 8520.00
  • Lot Size Acres: 0.1956

Multi Family

  • Lot Size Area: 8520.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 39
  • Tax Census Tract: 6.05
  • Tax Lot: 16
  • Tax Year: 2020
  • TaxOtherAnnualAssessmentAmount: 5249.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Feb 15, 2022
Sold by
Phillip Ortiz Revocable Living Trust
Bought by
He Jiasheng Jason and Zhang Yuqian Tiffany
Seller's Agent
Lionel Newman Thomas
BLUE SKY REAL ESTATE CENTER
Buyer's Agent
Anja Weltin
BLUE SKY REAL ESTATE CENTER
List Price
$779,999
Sold Price
$780,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$881,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,610
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
Jul 14, 2006
Sold by
Ortiz Phillip
Bought by
Ortiz Phillip

Purchase Details

Closed on
Jan 15, 2002
Sold by
Ortiz Debbie
Bought by
Ortiz Phillip
Source: Public Records

Range of Values:

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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
He Jiasheng Jason $780,000 Ticor Title
Ortiz Phillip -- None Available
Ortiz Phillip -- First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $780,000 0.0% $258 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $779,999 -- $258 / 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 $8,988 $827,742 $244,078 $583,664
2024 $8,988 $811,512 $239,292 $572,220
2023 $8,740 $795,600 $234,600 $561,000
2022 $5,424 $485,189 $62,460 $422,729
2021 $5,318 $475,675 $61,235 $414,440
2020 $5,249 $470,797 $60,607 $410,190
2019 $5,158 $461,566 $59,419 $402,147
2018 $5,045 $452,516 $58,254 $394,262
2017 $4,955 $443,643 $57,112 $386,531
2016 $4,631 $434,944 $55,992 $378,952
2015 $4,518 $428,411 $55,151 $373,260
2014 $4,079 $386,685 $54,071 $332,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22024820

California Regional Multiple Listing Service (CRMLS)

APN: 1020-032-21