NOT LISTED FOR SALE

14989 Arrow Blvd Fontana, CA 92335

Estimated Value: $976,000 - $1,303,000

8 Beds
4 Baths
3,328 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 18, 2012

Last sale price $360,000 $108 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $6,815/month

10 Days on Market

Highlights

  • RV Access or Parking
  • 0.84 Acre Lot
  • Living Room
  • Summit High School Rated A-
  • Traditional Architecture
  • Laundry Room

About This Home

As of April 2012

Four on a lot! An incredible opportunity for investor or owner-user with a truly unique property in Fontana. All units are two bedroom and two bath with their own private yards and plenty of open parking to accommodate. Recently remodeled with new kitchens, baths, carpet, interior paint, and fixtures throughout. Entire complex has received new exterior paint and landscape. All of this on a spacious 36,000 sq ft lot! Don't miss this one! Price is listed to sell quickly.

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 03/23/2012

Last Buyer's Agent

JOE KO

88 REALTY License #01006941

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,714

Year Built

  • Built in 1990

Lot Details

  • 0.84

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,328 Sq Ft Home
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 12 Parking Spaces
  • Parking Available
  • RV Access or Parking

Additional Features

  • 0.84 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 59
  • Tax Tract Number 2012
  • Assessor Parcel Number 0230161210000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $850
  • Net Operating Income $10,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,714

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Other Phone Description: Office
  • Other Phone Number: 866-640-3040
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0230161210000
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 108.17
  • Room Type: Living Room

Exterior Features

  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 36600.00
  • Lot Size Acres: 0.8400

Multi Family

  • Gross Income: 850.00
  • Gross Scheduled Income: 10200.00
  • Lot Size Area: 36600.0000 Square Feet
  • Net Operating Income: 10200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 59
  • Tax Tract Number: 2012
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2012
Closed on
Apr 16, 2012
Sold by
West Ridge Rentals Llc
Bought by
Choi Eric Y and Choi Ann
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
JOE KO
88 REALTY
List Price
$349,900
Sold Price
$360,000
Premium/Discount to List
$10,100
2.89%
Current Estimated Value
$1,181,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$821,000
Avg. Annual Appreciation
9.29%
Original Mortgage
$275,000
Outstanding Balance
$189,997
Interest Rate
3.84%
Mortgage Type
Unknown
Estimated Equity
$991,003

Purchase Details

Listed on
Mar 23, 2012
Closed on
Mar 1, 2012
Sold by
Rubalcava Maria Eugenia and Rubalcava Mario G
Bought by
West Ridge Rentals Llc
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
JOE KO
88 REALTY
List Price
$349,900
Sold Price
$360,000
Premium/Discount to List
$10,100
2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$189,997
Interest Rate
3.84%
Mortgage Type
Unknown
Estimated Equity
$991,003

Purchase Details

Closed on
Mar 22, 2005
Sold by
May Steve W
Bought by
Rubalcava Mario G and Rubalcava Maria Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2004
Sold by
May Steve W
Bought by
May Steve W and The Steve W May Trust
Source: Public Records

Range of Values:

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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
Choi Eric Y $360,000 Fidelity National Title
West Ridge Rentals Llc $223,000 Fidelity National Title
Rubalcava Mario G $545,000 Southland Title Of Burbank
May Steve W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Ridge Rentals Llc $275,000
Previous Owner Rubalcava Mario G $436,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2012 04/18/12 Sold $360,000 +2.9% $108 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $349,900 -- $105 / 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
2025 $4,714 $452,182 $119,325 $332,857
2024 $4,714 $443,315 $116,985 $326,330
2023 $4,592 $434,622 $114,691 $319,931
2022 $4,574 $426,100 $112,442 $313,658
2021 $4,517 $417,745 $110,237 $307,508
2020 $4,506 $413,462 $109,107 $304,355
2019 $4,369 $405,355 $106,968 $298,387
2018 $4,436 $397,407 $104,871 $292,536
2017 $4,411 $389,615 $102,815 $286,800
2016 $4,338 $381,975 $100,799 $281,176
2015 $4,282 $376,237 $99,285 $276,952
2014 $4,266 $368,867 $97,340 $271,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12038086

California Regional Multiple Listing Service (CRMLS)

APN: 0230-161-21