NOT LISTED FOR SALE

1501 E Fairfield Ct Ontario, CA 91761

Ontario Ranch Neighborhood

Estimated Value: $1,315,000 - $1,788,199

9 Beds
4 Baths
4,269 Sq Ft
$350/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2015

Last sale price $800,000 $187 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,929 / mo

36 Days on Market

Highlights

  • No HOA
  • Central Air
  • Greenbelt
  • Landscaped
  • 5 Car Garage
  • Paved or Partially Paved Lot

About This Home

As of April 2015

Excellent investment opportunity in Ontario. Large 4-Plex 4,289 sq.ft. 13,100 lot. Large greenbelt, newer roof, all units in very good condition.
Each unit has it's own garage and along with separately metered Gas and Electric. Laundry hook-ups in garage.
Units have solid income and super return on investment. Units 1 & 3 renovated 2014
Unit 1 has 3 bedrooms, 1-1/2 bath, fireplace and 2 car garage.
Unit 2 has 2 bedrooms, 1-1/2 bath, 1 car garage and carport
Unit 3 has 2 bedrooms, 1-1/2 bath, backyard, 1 car garage w/1 parking space in back
Unit 4 has 2 bedrooms, 1 bath, balcony, upstairs 1 car garage w/1 parking space in back

Last Agent to Sell the Property

Michelle Guglielmo

ALLIED COMMERCIAL REAL ESTATE License #01406891 Listed on: 02/02/2015

Co-Listed By

Tony Guglielmo

ALLIED COMMERCIAL REAL ESTATE License #01301532

Last Buyer's Agent

Michelle Guglielmo

ALLIED COMMERCIAL REAL ESTATE License #01406891 Listed on: 02/02/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 13,100 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Back and Front Yard

Parking

  • 5 Car Garage
  • 1 Carport Space
  • Parking Available
  • Shared Driveway

Home Design

  • Property Attached

Interior Spaces

  • 4,269 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 9471
  • Assessor Parcel Number 0216421720000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Greenbelt

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,300
  • Trash Expense $900
  • Water Sewer Expense $1,800
  • New Taxes Expense $9,075
  • Gross Income $4,980
  • Net Operating Income $40,697

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.3 Acres

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 0216421720000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 187.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Asphalt, Garage, Private, Shared Driveway
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Greenbelt, Landscaped, Lot 10000-19999 Sqft, Paved, Sprinkler System
  • Lot Size Sq Ft: 13100.00
  • Lot Size Acres: 0.3010

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4980.00
  • Gross Scheduled Income: 59760.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 13100.0000 Square Feet
  • Net Operating Income: 40697.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 1
  • Number With Range: 4
  • Operating Expense: 19063.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9075.00
  • Tax Lot: 1
  • Tax Tract Number: 9471
  • Tax Year: 2013

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

Listed on
Feb 2, 2015
Closed on
Apr 23, 2015
Sold by
Bought by
Seller's Agent
Michelle Guglielmo
ALLIED COMMERCIAL REAL ESTATE
Buyer's Agent
Michelle Guglielmo
ALLIED COMMERCIAL REAL ESTATE
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Current Estimated Value
$1,488,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$688,550
Avg. Annual Appreciation
5.72%
Original Mortgage
$400,000
Interest Rate
0.0373%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2015
Closed on
Mar 17, 2015
Sold by
Bought by
Seller's Agent
Michelle Guglielmo
ALLIED COMMERCIAL REAL ESTATE
Buyer's Agent
Michelle Guglielmo
ALLIED COMMERCIAL REAL ESTATE
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0373%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2015
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
$400,000
Interest Rate
0.0373%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 14, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 1998
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Lawyers Title Co
$800,000 Lawyers Title Co
-- None Available
-- None Available
$535,000 Fidelity Title Company
-- Fidelity Title Company
-- Commonwealth Land Title Co
$220,000 Commonwealth Land Title Co
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
Closed $400,000
Closed $400,000
Closed $100,000
Closed $100,000
Closed $297,500
Closed $12,000
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
04/24/2015 04/24/15 Sold $800,000 -3.0% $187 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $825,000 -- $193 / 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
2025 $10,662 $961,479 $336,517 $624,962
2024 $10,975 $942,627 $329,919 $612,708
2023 $10,685 $924,144 $323,450 $600,694
2022 $10,554 $906,024 $317,108 $588,916
2021 $9,939 $888,259 $310,890 $577,369
2020 $9,766 $879,151 $307,702 $571,449
2019 $9,683 $861,913 $301,669 $560,244
2018 $9,552 $845,013 $295,754 $549,259
2017 $9,211 $828,444 $289,955 $538,489
2016 $6,111 $557,048 $142,180 $414,868
2015 $6,071 $548,680 $140,044 $408,636
2014 -- $537,932 $137,301 $400,631
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michelle Guglielmo

    ALLIED COMMERCIAL REAL ESTATE

    (909) 226-2256

    1 Total Sale

    Michelle Guglielmo
    Section Image
  • Tony Guglielmo

    Seller Co-Listing Agent in 2015

    Tony Guglielmo

    ALLIED COMMERCIAL REAL ESTATE

    (909) 786-4302

    16 Total Sales

    Tony Guglielmo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15029463

California Regional Multiple Listing Service (CRMLS)

APN: 0216-421-72

California San Bernardino County Ontario 91761 Ontario Ranch

1501 E Fairfield Ct, Ontario, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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