Seller's Agent in 2017
Frank Quintanilla
RE/MAX
(626) 975-5656
59 Total Sales
1432 E Elma Ct Unit A-D Ontario, CA 91764
Estimated Value: $1,467,000 - $1,587,000
10
Beds
6
Baths
4,009
Sq Ft
$379/Sq Ft
Est. Value
Highlights
- No HOA
- Neighborhood Views
- Cul-De-Sac
About This Home
As of June 2017This Ontario fourplex is an incredible investment opportunity! Two units have 3 bedrooms and 2 baths and two units have 2 bedrooms, 1 bath. Features include central air, spacious floor plans, and laundry hook-ups in each unit. No rent control. Each unit has its own electric and gas meter as well as its own two-car garage. The property is well maintained. Close to schools, parks, shopping, and Ontario Airport. These units are rarely vacant due to the high demand rental area.
Last Agent to Sell the Property
RE/MAX CHAMPIONS License #01893477 Listed on: 04/24/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,530
Year Built
- Built in 1985
Lot Details
- 10,720 Sq Ft Lot
- Two or More Common Walls
- Cul-De-Sac
- Sprinkler System
- Density is 2-5 Units/Acre
Parking
- 8 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
Home Design
- Property Attached
Interior Spaces
- 4,009 Sq Ft Home
- 2-Story Property
- Neighborhood Views
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Assessor Parcel Number 0110042130000
Community Details
Overview
- No Home Owners Association
- 4 Units
- Built by Covington
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Electric Expense $348
- Gardener Expense $600
- Insurance Expense $1,425
- Maintenance Expense $1,600
- Trash Expense $1,865
- Water Sewer Expense $3,235
- New Taxes Expense $9,000
- Operating Expense $18,143
- Gross Income $60,924
- Net Operating Income $42,781
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2017
Closed on
Jun 7, 2017
Sold by
Chen Michael
Bought by
Chui Pui Wah Michelle
Seller's Agent
Frank Quintanilla
RE/MAX CHAMPIONS
Buyer's Agent
Tracy Tsoi
eXp Realty of Greater L.A. Inc
List Price
$835,000
Sold Price
$845,000
Premium/Discount to List
$10,000
1.2%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,283
Avg. Annual Appreciation
7.49%
Purchase Details
Closed on
Jan 5, 2016
Sold by
Holden Jerry and Holden Maggie Lee
Bought by
Chen Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 15, 2002
Sold by
Lee Hsieh Shwu Ho
Bought by
Holden Jerry and Holden Maggie Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Interest Rate
6.05%
Purchase Details
Closed on
Mar 17, 2000
Sold by
Lee Huo Chuan
Bought by
Lee Hsieh Shwu Ho
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 |
|---|---|---|---|
| Chui Pui Wah Michelle | $845,000 | First American Title Company | |
| Chen Michael | $770,000 | First American Title Company | |
| Holden Jerry | $386,000 | -- | |
| Lee Hsieh Shwu Ho | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chen Michael | $370,000 | |
| Previous Owner | Holden Jerry | $289,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2017 06/27/17 | Sold | $845,000 | +1.2% | $211 / Sq Ft |
| 04/28/2017 04/28/17 | Pending | -- | -- | -- |
| 04/24/2017 04/24/17 | For Sale | $835,000 | -- | $208 / 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 |
|---|---|---|---|---|
| 2024 | $10,530 | $961,465 | $341,348 | $620,117 |
| 2023 | $10,234 | $942,613 | $334,655 | $607,958 |
| 2022 | $10,099 | $924,130 | $328,093 | $596,037 |
| 2021 | $10,036 | $906,010 | $321,660 | $584,350 |
| 2020 | $9,860 | $896,720 | $318,362 | $578,358 |
| 2019 | $9,776 | $879,138 | $312,120 | $567,018 |
| 2018 | $9,641 | $861,900 | $306,000 | $555,900 |
| 2017 | $8,641 | $785,400 | $275,400 | $510,000 |
| 2016 | $5,103 | $472,260 | $165,290 | $306,970 |
| 2015 | $5,069 | $465,166 | $162,807 | $302,359 |
| 2014 | $4,911 | $456,054 | $159,618 | $296,436 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Quintanilla
-
Tracy Tsoi
Buyer's Agent in 2017
Tracy Tsoi
eXp Realty of Greater L.A. Inc
(909) 263-0312
2 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS17088235
APN: 0110-042-13
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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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