NOT LISTED FOR SALE

1432 E Elma Ct Ontario, CA 91764

Ontario Area

Estimated Value: $1,359,000 - $1,495,002

10 Beds
4 Baths
4,009 Sq Ft
$356/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2016

Last sale price $770,000 $192 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,683 / mo

96 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Laundry Room
  • Fireplace

About This Home

As of January 2016

Covington 4Plex with all 2car garages. Close to schools, shopping, bus lines, and the airport. Great rental area. All units have been upgraded with new tile, garage doors and other fixtures.

Last Agent to Sell the Property

Jerry Holden

Holden Realtors License #00582942 Listed on: 09/13/2015

Last Buyer's Agent

Frank Quintanilla

Re/Max Champions/WC License #01893477

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 10,720 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Interior Spaces

  • 4,009 Sq Ft Home
  • Fireplace
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling Available

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 12582
  • Assessor Parcel Number 0110042130000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 2 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $325
  • Insurance Expense $1,100
  • Trash Expense $1,835
  • Water Sewer Expense $3,208
  • New Taxes Expense $4,911
  • Gross Income $4,950
  • Net Operating Income $48,021

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

10,720 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: OTHR
  • Water Sewer Expenses: 3208.00
  • Property Type: Residential Income
  • Parcel Number: 0110042130000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 192.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Laundry Features: Individual Room
  • Trash Expense: 1835.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 10720.00
  • Price Per Lot Square Foot: 71.83
  • Lot Size Acres: 0.2460

Multi Family

  • Average Studio Area: 4009
  • Electric Expense: 325.00
  • Gross Income: 4950.00
  • Gross Scheduled Income: 59400.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 10720.0000 Square Feet
  • Net Operating Income: 48021.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 11379.00
  • Rent Control: No
  • Total Actual Rent: 5000.00

Tax Info

  • New Taxes Expense: 4911.00
  • Tax Lot: 12
  • Tax Tract Number: 12582

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2017
Sold by
Bought by
Current Estimated Value
$1,428,751

Purchase Details

Listed on
Sep 13, 2015
Closed on
Jan 5, 2016
Sold by
Bought by
Seller's Agent
Jerry Holden
Holden Realtors
Buyer's Agent
Frank Quintanilla
Re/Max Champions/WC
List Price
$769,950
Sold Price
$770,000
Premium/Discount to List
$50
0.006%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$370,000
Interest Rate
0.0392%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 15, 2002
Sold by
Bought by

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
0.0605%

Purchase Details

Closed on
Mar 17, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$845,000 First American Title Company
$770,000 First American Title Company
$386,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $370,000
Previous Owner $289,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $770,000 0.0% $192 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
09/13/2015 09/13/15 For Sale $769,950 -- $192 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,775 $1,000,308 $355,139 $645,169
2025 $10,775 $980,694 $348,175 $632,519
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15202470

California Regional Multiple Listing Service (CRMLS)

APN: 0110-042-13

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