Seller's Agent in 2017
David Chang
AMERIWAY REALTY
(626) 217-3578
73 Total Sales
140 Virginia Ave Ontario, CA 91764
Estimated Value: $523,000 - $785,000
4
Beds
2
Baths
1,070
Sq Ft
$582/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- 2 Car Garage
- Paved or Partially Paved Lot
About This Home
As of January 2017Just back to the market!!! Excellent investment opportunity. There are 2 units with nice condition on a quiet street. Actually, the address have Unit #A & Unit #B with city permit. Total is 4 bedroom & 2 baths. Each unit is 2 bedrooms & 1 bathroom. Each unit has living room, Dining area and one car garage. Owner did a lot of upgraded: Newly flooring, Newly kitchens with granite counter tops, Newly oven and range, Newly bathroom vanities, toilet, sinks and lighting, Newly plumbing fixtures, and Newly interior painting with newly dual pane windows and screens…….too much to mention. High income and easy management. Rent: $1200 for one unit, another is $1300, total is $2,500 per month, tenants are in a month to month contract and you can increase to $1300 per month for each unit. Property can be delivered vacant or occupied. Please do not disturb tenants. Best deal for investor in this area. Seller stated unit B has been granted with city permit.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 5,400 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- 1,070 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 7
- Tax Tract Number 1756
- Assessor Parcel Number 1048472070000
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Trash Expense $360
- Water Sewer Expense $1,200
- New Taxes Expense $2,053
- Gross Income $2,400
- Net Operating Income $284,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 9, 2016
Sold by
Tan Jing
Bought by
Gonzalez Gabriela
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 24, 2013
Closed on
Sep 9, 2013
Sold by
M & E Family Limited Partnership
Bought by
Tan Jing
Seller's Agent
MARIA TERRY
CORCORAN GLOBAL LIVING
Buyer's Agent
Angel Kou
KELLER WILLIAMS BEVERLY HILLS
List Price
$280,000
Sold Price
$185,000
Premium/Discount to List
-$95,000
-33.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Purchase Details
Closed on
Jun 10, 2003
Sold by
Leon Eusebio and Leon Maria F
Bought by
The M & E Family Lp
Purchase Details
Closed on
Sep 23, 1998
Sold by
Eusebio Delon and Eusebio Maria Delon
Bought by
Leon Eusebio and Deleon Maria
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 |
|---|---|---|---|
| Gonzalez Gabriela | $368,000 | Fatcola | |
| Tan Jing | $185,000 | First American Title Company | |
| The M & E Family Lp | -- | -- | |
| Leon Eusebio | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gonzalez Gabriela | $276,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2017 01/13/17 | Sold | $368,000 | 0.0% | $344 / Sq Ft | |
| 11/02/2016 11/02/16 | Pending | -- | -- | -- | |
| 10/08/2016 10/08/16 | Price Changed | $368,000 | -0.5% | $344 / Sq Ft | |
| 08/14/2016 08/14/16 | Price Changed | $370,000 | -1.3% | $346 / Sq Ft | |
| 07/30/2016 07/30/16 | Price Changed | $375,000 | -0.8% | $350 / Sq Ft | |
| 07/25/2016 07/25/16 | For Sale | $378,000 | +104.3% | $353 / Sq Ft | |
| 09/13/2013 09/13/13 | Sold | $185,000 | -33.9% | $118 / Sq Ft | View Prior Sale |
| 08/11/2013 08/11/13 | Pending | -- | -- | -- | |
| 07/24/2013 07/24/13 | For Sale | $280,000 | 0.0% | $178 / Sq Ft | |
| 06/20/2013 06/20/13 | Pending | -- | -- | -- | |
| 06/09/2013 06/09/13 | For Sale | $280,000 | -- | $178 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,592 | $427,095 | $104,453 | $322,642 |
| 2024 | $4,592 | $418,721 | $102,405 | $316,316 |
| 2023 | $4,463 | $410,511 | $100,397 | $310,114 |
| 2022 | $4,681 | $402,461 | $98,428 | $304,033 |
| 2021 | $4,377 | $394,570 | $96,498 | $298,072 |
| 2020 | $4,374 | $390,525 | $95,509 | $295,016 |
| 2019 | $4,264 | $382,867 | $93,636 | $289,231 |
| 2018 | $4,205 | $375,360 | $91,800 | $283,560 |
| 2017 | $2,162 | $195,407 | $73,938 | $121,469 |
| 2016 | $2,294 | $191,575 | $72,488 | $119,087 |
| 2015 | $2,063 | $188,697 | $71,399 | $117,298 |
| 2014 | $1,999 | $185,000 | $70,000 | $115,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Chang
-
Khalid Ahmed
K
Buyer's Agent in 2017
Khalid Ahmed
Real Estate eBroker Inc.
(760) 722-3222
1 Total Sale
-
M
Seller's Agent in 2013
MARIA TERRY
CORCORAN GLOBAL LIVING
-
A
Buyer's Agent in 2013
Angel Kou
KELLER WILLIAMS BEVERLY HILLS
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV16161842
APN: 1048-472-07
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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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