R
Seller's Agent in 2016
Rudy Ortiz
Homequest Real Estate
Estimated Value: $712,000 - $799,000
10
Beds
2
Baths
2,400
Sq Ft
$315/Sq Ft
Est. Value
Highlights
- No HOA
- No Heating
- Front Yard
- Laundry Room
About This Home
As of April 2016This is a 15 room Boarding House that opened as such in 1990 upon approval from the City of Chino. Becoming the only Boarding House in Chino, the City of Chino gave a plaque to the owner when he made the conversion to a Boarding House for creating affordable housing for the community. Originally a 4 bedroom residence it was remodeled into 15 rooms. The Main building has 8 rooms upstairs and 7 rooms downstairs. One room upstairs has a 1/2 bath and there is another 1/2 bath in the hallway for the rest of the rooms. 2 full baths reside downstairs. There is a Shower Room, and a Laundry Room with coin operated washing machines and dryer attached to the Main Building. A separate small building houses 6 Refrigerators. Another small building contains the kitchen. A office is located in the front of the Main Building. There is also a white RV on the property that is rented out. This is included with the sale of the property.
Last Agent to Sell the Property
Rudy Ortiz
Homequest Real Estate License #01942960 Listed on: 10/20/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 6,800 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Home Design
- 2,400 Sq Ft Home
- Property Attached
Parking
- 8 Parking Spaces
- Parking Available
- Unassigned Parking
Additional Features
- 10 Bedrooms
- Laundry Room
- No Heating
Listing and Financial Details
- Legal Lot and Block 20 / 43
- Tax Tract Number 6
- Assessor Parcel Number 1020293050000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 15 Units
Amenities
- Laundry Facilities
Building Details
- 13 Leased Units
- Electric Expense $1,748
- Insurance Expense $841
- Maintenance Expense $6,000
- Other Expense $442
- Supplies Expense $3,600
- Water Sewer Expense $3,742
- New Taxes Expense $5,600
- Gross Income $6,550
- Net Operating Income $47,476
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 3, 2022
Sold by
Fermann Carlos B and Fermann Elisa V
Bought by
Fermann Carlos B and Fermann Elisa V
Current Estimated Value
Purchase Details
Listed on
Oct 20, 2015
Closed on
Mar 18, 2016
Sold by
Mendivil Celia B
Bought by
Fermann Carlos B and Fermann Elisa V
Seller's Agent
Rudy Ortiz
Homequest Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$330,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 2, 2014
Sold by
Mendivil Ernesto B
Bought by
Ernesto B & Celia B Mendivil 2014 Trust
Purchase Details
Closed on
Jun 29, 2001
Sold by
Mendivil Ernesto B
Bought by
Mendivil Ernesto B and Mendivil Celia B
Purchase Details
Closed on
Feb 24, 1995
Sold by
Copp James R
Bought by
Mendivil Ernesto B and Mendivil Celia B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
8.46%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fermann Carlos B | -- | Accommodation/Courtesy Recordi | |
| Fermann Carlos B | $450,000 | Fidelity National Title | |
| Ernesto B & Celia B Mendivil 2014 Trust | -- | None Available | |
| Mendivil Ernesto B | -- | None Available | |
| Mendivil Ernesto B | -- | -- | |
| Mendivil Ernesto B | $168,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fermann Carlos B | $330,000 | |
| Previous Owner | Mendivil Ernesto B | $138,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2016 04/12/16 | Sold | $450,000 | -18.2% | $188 / Sq Ft |
| 11/05/2015 11/05/15 | Pending | -- | -- | -- |
| 10/20/2015 10/20/15 | For Sale | $550,000 | -- | $229 / 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 | $5,939 | $532,708 | $186,448 | $346,260 |
| 2024 | $5,781 | $522,263 | $182,792 | $339,471 |
| 2023 | $5,621 | $512,023 | $179,208 | $332,815 |
| 2022 | $5,588 | $501,983 | $175,694 | $326,289 |
| 2021 | $5,479 | $492,140 | $172,249 | $319,891 |
| 2020 | $5,408 | $487,094 | $170,483 | $316,611 |
| 2019 | $5,314 | $477,543 | $167,140 | $310,403 |
| 2018 | $5,196 | $468,180 | $163,863 | $304,317 |
| 2017 | $5,104 | $459,000 | $160,650 | $298,350 |
| 2016 | $2,540 | $238,375 | $34,054 | $204,321 |
| 2015 | $2,489 | $234,794 | $33,542 | $201,252 |
| 2014 | $2,440 | $230,195 | $32,885 | $197,310 |
Source: Public Records
Agents Affiliated with this Home
-
-
NoEmail NoEmail
N
Buyer's Agent in 2016
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
8 in this area
6,271 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15232651
APN: 1020-293-05
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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