NOT LISTED FOR SALE

1401 E Nocta St Ontario, CA 91764

Estimated Value: $1,579,000 - $1,708,000

10 Beds
4 Baths
4,049 Sq Ft
$404/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $744,000 $184 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $9,956/month

7 Days on Market

Highlights

  • Cathedral Ceiling
  • Balcony
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • Ceiling Fan

About This Home

As of May 2014

The subject property is a Townhouse style complex with a unit mix of 2(3 bed/1.5 bath) and 2(2 bed/1 Bath) built in 1986. All units have a 2 car garage. There are 2 open spaces for the tenants in the 3 bed units. Utilities are separately metered for gas and electricity. Tenants enjoy the available washer and dryer hook ups in each garages. Located near downtown Ontario and close to 60 and 10 fwy. Ideal property for beginning investor or owner occupied.

Last Agent to Sell the Property

Judy Lee

EXP REALTY OF CALIFORNIA INC License #01857034 Listed on: 03/26/2014

EXP REALTY OF CALIFORNIA INC

Co-Listed By

Carlos Skubacz

RE/MAX 2000 License #01474295

Last Buyer's Agent

KEVIN LAI

AMCA I License #01850347

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,604

Year Built

  • Built in 1986

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 94x 133
  • Two or More Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 4,049 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 8
  • Tax Tract Number 15
  • Assessor Parcel Number 0110042090000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $250
  • Gardener Expense $960
  • Insurance Expense $800
  • Pest Control $300
  • Trash Expense $800
  • Water Sewer Expense $3,000
  • New Taxes Expense $9,313
  • Gross Income $5,130
  • Net Operating Income $46,138

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,604

Year Built

Built in 1986

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 6.19
  • Other Phone Description: Carlos SKubacz
  • Other Phone Number: 714-290-0936
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 0110042090000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 183.75

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Pest Control Expense: 300.00
  • Trash Expense: 800.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 94X 133
  • Lot Size Sq Ft: 12502.00
  • Lot Size Acres: 0.2870

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 5130.00
  • Gross Multiplier: 12.10
  • Gross Scheduled Income: 61560.00
  • Insurance Expense: 800.00
  • Lot Size Area: 12502.0000 Square Feet
  • Net Operating Income: 46138.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15423.00
  • Rent Control: No
  • Total Actual Rent: 5130.00

Tax Info

  • New Taxes Expense: 9313.00
  • Tax Lot: 8
  • Tax Tract Number: 15.04
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Ma Hung and Lai Ann
Bought by
Newmark Invetments Llc
Total Days on Market
7
Current Estimated Value
$1,637,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$605,763
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,023,066

Purchase Details

Closed on
Jul 28, 2021
Sold by
Newmark Investments Llc
Bought by
Ma Hung and Lai Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$605,763
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,023,066

Purchase Details

Closed on
Aug 28, 2014
Sold by
Lai Ann and Ma Hung
Bought by
Newmark Investment Llc

Purchase Details

Listed on
Mar 26, 2014
Closed on
Apr 3, 2014
Sold by
Valcu Vasilica and Valcu Marian D
Bought by
Lai Ann and Ma Hung
Seller's Agent
Judy Lee
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
KEVIN LAI
AMCA I
List Price
$745,000
Sold Price
$744,000
Premium/Discount to List
-$1,000
-0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$442,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2011
Sold by
Valcu Vasilica and Valcu Marian Doru
Bought by
Valcu Vasilica and Valcu Marian D

Purchase Details

Closed on
Aug 17, 2005
Sold by
Kim Cindy S
Bought by
Valcu Marian Doru and Valcu Vasilica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 1, 2004
Sold by
Kim Samuel In
Bought by
Kim Cindy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Han Peter Wook and Han Michelle Yong
Bought by
Kim Cindy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2003
Sold by
Kim Jeong Wan
Bought by
Han Peter Wook and Han Michelle Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2000
Sold by
Patel Raman and Patel Wilhelmina C M
Bought by
Loo John and Sin Felix Kin Hung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,320
Interest Rate
7.82%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Newmark Invetments Llc -- Wfg National Title Company
Ma Hung -- Wfg National Title Company
Newmark Investment Llc -- Advantage Title Inc
Lai Ann $744,000 Advantage Title Inc
Valcu Vasilica -- None Available
Valcu Marian Doru $799,500 First American Title Company
Kim Cindy S -- Chicago Title Co
Kim Cindy S $550,000 Chicago Title Co
Han Peter Wook $460,000 Atc
Loo John $248,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Hung $660,000
Previous Owner Lai Ann $442,000
Previous Owner Valcu Marian Doru $555,000
Previous Owner Kim Cindy S $63,850
Previous Owner Kim Cindy S $384,000
Previous Owner Han Peter Wook $330,000
Previous Owner Loo John $244,259
Previous Owner Loo John $246,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $744,000 -0.1% $184 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $745,000 -- $184 / 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
2024 $9,604 $876,644 $306,354 $570,290
2023 $9,334 $859,455 $300,347 $559,108
2022 $9,211 $842,603 $294,458 $548,145
2021 $9,154 $826,081 $288,684 $537,397
2020 $8,993 $817,611 $285,724 $531,887
2019 $8,916 $801,580 $280,122 $521,458
2018 $8,793 $785,862 $274,629 $511,233
2017 $8,478 $770,453 $269,244 $501,209
2016 $8,142 $755,346 $263,965 $491,381
2015 $7,369 $677,600 $237,200 $440,400
2014 $7,281 $677,600 $237,200 $440,400
Source: Public Records

Agents Affiliated with this Home

  • Judy Lee

    Seller's Agent in 2014

    Judy Lee

    EXP REALTY OF CALIFORNIA INC

    1 in this area

    26 Total Sales

    Judy Lee
    Section Image
  • Carlos Skubacz

    Seller Co-Listing Agent in 2014

    Carlos Skubacz

    RE/MAX

    (714) 290-0936

    4 in this area

    24 Total Sales

    Carlos Skubacz
    Section Image

  • K

    Buyer's Agent in 2014

    KEVIN LAI

    AMCA I

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR14061717

California Regional Multiple Listing Service (CRMLS)

APN: 0110-042-09

California San Bernardino County Ontario 91764

1401 E Nocta St, Ontario, CA

This home is located at 1401 E Nocta St, Ontario, CA 91764 since 26 March 2014 and is currently estimated at $1,637,315, approximately $404 per square foot. This property was built in 1986. 1401 E Nocta St is a home located in San Bernardino County with nearby schools including Mariposa Elementary, Ray Wiltsey Middle School, and Colony High.

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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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