NOT LISTED FOR SALE

1502 E Fairfield Ct Ontario, CA 91761

Ontario Ranch Neighborhood

Estimated Value: $1,042,000 - $1,527,198

9 Beds
7 Baths
4,269 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $770,000 $180 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,382/month

15 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Front Yard
  • Laundry Room

About This Home

As of September 2015

The subject property is a Townhouse style complex with a unit mix of 1(3 bed/2 bath) and 3(2 bed/2 Bath) built in 1980. All units have an enclosed garages and uncovered spaces. Utilities are separately metered for gas and electricity. Tenants enjoy the available washer and dryer hook ups along with private patio' s and balconies. Garage doors have been updated along with newer roof and A/C units.Ideal property for beginning investor or owner occupied. 1555 E Fairfield Ct is also available for sale to complete a total of 8 units.

Last Agent to Sell the Property

Carlos Skubacz

RE/MAX 2000 License #01474295 Listed on: 08/03/2015

RE/MAX 2000

Co-Listed By

Judy Lee

EXP REALTY OF CALIFORNIA INC License #01857034

Last Buyer's Agent

Alex Teng

Dynasty Realty License #01026730

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Front Yard

Parking

  • 5 Car Garage
  • 1 Carport Space

Interior Spaces

  • 4,269 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 37
  • Tax Tract Number 9471
  • Assessor Parcel Number 0216421360000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $660
  • Insurance Expense $972
  • Maintenance Expense $1,250
  • Other Expense $11
  • Trash Expense $600
  • Water Sewer Expense $3,244
  • New Taxes Expense $8,997
  • Gross Income $4,325
  • Net Operating Income $35,745

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.28 Acres

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 4.65
  • Property Attached: No
  • Water Sewer Expenses: 3244.00
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 0216421360000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 180.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 5.00
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 12194.00
  • Price Per Lot Square Foot: 63.15
  • Lot Size Acres: 0.2800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 4325.00
  • Gross Multiplier: 14.82
  • Gross Scheduled Income: 51900.00
  • Insurance Expense: 972.00
  • Lot Size Area: 12194.0000 Square Feet
  • Maintenance Expense: 1250.00
  • Net Operating Income: 35745.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16155.00
  • Other Expense: 11.00
  • Other Expense Description: Fire Svc
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8997.00
  • Tax Lot: 37
  • Tax Tract Number: 9471

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Aug 18, 2015
Sold by
Siu Bernard K
Bought by
Tsao Rocky Shan Hsi and Tsao Lee Chou
Seller's Agent
Carlos Skubacz
RE/MAX 2000
Buyer's Agent
Alex Teng
Dynasty Realty
List Price
$769,000
Sold Price
$770,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,269,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,300
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
Jan 25, 2008
Sold by
Siu Bernard K
Bought by
Siu Bernard K and Siu Susann J

Purchase Details

Closed on
Jan 16, 1996
Sold by
Siu Bernard K
Bought by
Siu Bernard K and Siu Susann J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,800
Interest Rate
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tsao Rocky Shan Hsi $770,000 Lawyers Title
Siu Bernard K -- None Available
Siu Bernard K -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siu Bernard K $153,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $770,000 +0.1% $180 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $769,000 -- $180 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,115 $911,524 $319,626 $591,898
2024 $9,888 $893,651 $313,359 $580,292
2023 $9,614 $876,129 $307,215 $568,914
2022 $9,489 $858,950 $301,191 $557,759
2021 $9,429 $842,108 $295,285 $546,823
2020 $9,266 $833,473 $292,257 $541,216
2019 $9,187 $817,130 $286,526 $530,604
2018 $9,062 $801,108 $280,908 $520,200
2017 $8,739 $785,400 $275,400 $510,000
2016 $4,124 $371,919 $70,008 $301,911
2015 $4,098 $366,332 $68,956 $297,376
2014 $3,975 $359,156 $67,605 $291,551
Source: Public Records

Agents Affiliated with this Home

  • Carlos Skubacz

    Seller's Agent in 2015

    Carlos Skubacz

    RE/MAX

    (714) 290-0936

    25 Total Sales

    Carlos Skubacz
    Section Image
  • Judy Lee

    Seller Co-Listing Agent in 2015

    Judy Lee

    EXP REALTY OF CALIFORNIA INC

    22 Total Sales

    Judy Lee
    Section Image

  • A

    Buyer's Agent in 2015

    Alex Teng

    Dynasty Realty

    (626) 336-6191

    1 Total Sale

    Alex Teng
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15170287

California Regional Multiple Listing Service (CRMLS)

APN: 0216-421-36

California San Bernardino County Ontario 91761 Ontario Ranch

1502 E Fairfield Ct, Ontario, CA

Not Listed for Sale

MultiFamily

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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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