NOT LISTED FOR SALE

Estimated Value: $637,235 - $866,000

4 Beds
3 Baths
1,839 Sq Ft
$398/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $530,000 $288 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,364/month

102 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2017

***** LOCATION! LOCATION! LOCATION! ******
****CASH OFFER ONLY SELLING ONLY AS IS****
Property consists of a 2 bedrooms, 1 bath House built in 1925 and a Duplex built in 1953 each 1 bedroom and 1 bath (Total of 3 units). One of the 1 bedroom Duplex has been refurbished with newer paint & flooring throughout. The 2 bedroom house has newer laminate flooring; but is in need of some repairs. House has a private fenced side yard.
This Investment Opportunity is in one of Ontario's finest pride of ownership areas, beautiful tree lined street. Tenant's love this quiet setting and will stay forever. It is walking distance to downtown Ontario, restaurants, shopping, etc.
Separate electric and gas meters. *** PROPERTY IS BEING SOLD IN AS IS CONDITION and is NOT NEGOTIABLE

Last Agent to Sell the Property

Luz Munguia

Action Real Estate Group License #00884999 Listed on: 08/17/2017

Last Buyer's Agent

Abraham Prattella

AGENCY 8 REAL ESTATE GROUP License #01506646

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,480 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,839 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 882
  • Assessor Parcel Number 1048252050000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,035
  • Water Sewer Expense $2,820
  • Operating Expense $3,855
  • Gross Income $19,800
  • Net Operating Income $15,945

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: No
  • Ad Number: 909-815-2021
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 2820.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 1048252050000
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 288.20

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Driveway, Street

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7480.00

Multi Family

  • Gross Income: 19800.00
  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 1035.00
  • Net Operating Income: 15945.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Disposal: 2
  • Number With Range: 3
  • Operating Expense: 3855.00
  • Rent Control: No
  • Total Actual Rent: 1650.00
  • Total Expenses: 3855.00

Tax Info

  • Tax Census Tract: 12.00
  • Tax Lot: 3
  • Tax Tract Number: 882

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2019
Sold by
Tan Tony and Zhang Wenjie
Bought by
T & W Group
Current Estimated Value
$732,559

Purchase Details

Listed on
Aug 17, 2017
Closed on
Dec 1, 2017
Sold by
Terriquez David
Bought by
Tan Tony and Zhang Wenjie
Seller's Agent
Luz Munguia
Action Real Estate Group
Buyer's Agent
Abraham Prattella
AGENCY 8 REAL ESTATE GROUP
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
Dec 19, 2012
Sold by
Wamu Servicing Lp
Bought by
Terriquez David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2012
Sold by
Pawar Sheela L
Bought by
Wamu Servicing Lp

Purchase Details

Closed on
Sep 22, 2011
Sold by
Pawar Sheela L
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 7, 2004
Sold by
Montwill George H
Bought by
Pawar Sheela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2003
Sold by
Montwill George H
Bought by
Montwill George H and Montwill Gail F

Purchase Details

Closed on
Oct 9, 2002
Sold by
Howard William J
Bought by
Montwill George H and Montwill Gail F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
7.5%
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
T & W Group -- None Available
Tan Tony $530,000 Chicago Title
Terriquez David R $330,000 Stewart Title Company
Wamu Servicing Lp $239,200 Accommodation
The Bank Of New York Mellon $513,895 Landsafe Title
Pawar Sheela L -- United Title Orange
Montwill George H -- Orange Coast Title
Montwill George H $230,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terriquez David R $289,656
Previous Owner Pawar Sheela L $238,000
Previous Owner Montwill George H $183,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2017 12/11/17 Sold $530,000 0.0% $288 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/07/2017 11/07/17 Off Market $530,000 -- --
10/23/2017 10/23/17 Price Changed $550,000 0.0% $299 / Sq Ft
10/23/2017 10/23/17 For Sale $550,000 +3.8% $299 / Sq Ft
10/18/2017 10/18/17 Off Market $530,000 -- --
10/18/2017 10/18/17 For Sale $585,000 +10.4% $318 / Sq Ft
09/19/2017 09/19/17 Off Market $530,000 -- --
09/19/2017 09/19/17 Pending -- -- --
09/01/2017 09/01/17 Price Changed $585,000 -0.8% $318 / Sq Ft
08/17/2017 08/17/17 For Sale $590,000 +78.8% $321 / Sq Ft
03/06/2013 03/06/13 Sold $330,000 -13.1% $165 / Sq Ft View Prior Sale
12/16/2012 12/16/12 Pending -- -- --
10/20/2012 10/20/12 For Sale $379,900 -- $190 / 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 $6,633 $603,048 $210,497 $392,551
2024 $6,482 $591,224 $206,370 $384,854
2023 $6,837 $579,632 $202,324 $377,308
2022 $6,217 $568,267 $198,357 $369,910
2021 $6,178 $557,125 $194,468 $362,657
2020 $6,070 $551,412 $192,474 $358,938
2019 $6,018 $540,600 $188,700 $351,900
2018 $5,935 $530,000 $185,000 $345,000
2017 $4,004 $350,143 $122,020 $228,123
2016 $4,037 $343,277 $119,627 $223,650
2015 $4,012 $338,121 $117,830 $220,291
2014 $3,573 $331,498 $115,522 $215,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17191366

California Regional Multiple Listing Service (CRMLS)

APN: 1048-252-05