NOT LISTED FOR SALE

1561 E Fairfield Ct Ontario, CA 91761

Ontario Ranch Neighborhood

Estimated Value: $966,000 - $1,402,000

5 Beds
3 Baths
4,269 Sq Ft
$290/Sq Ft Est. Value

Last Sold December 12, 2012

Last sale price $530,000 $124 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $6,978/month

13 Days on Market

About This Home

As of December 2012

Gorgeous 4 plex in great part of Ontario. 3 two bedroom 1-1/2 bath units and one 3 bedroom, two bathroom.
Pride of ownership shows throughout this well maintained property. Hurry, moneymakers like this go quickly.

Last Agent to Sell the Property

Erik Berry

Erik J. Berry License #01235328 Listed on: 09/14/2012

Last Buyer's Agent

Erik Berry

Erik J. Berry License #01235328 Listed on: 09/14/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 8,150

Parking

  • 8 Parking Spaces

Home Design

  • 4,269 Sq Ft Home
  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • 8,150 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 9471
  • Assessor Parcel Number 0216421620000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $100
  • Insurance Expense $100
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $5,200
  • Gross Income $3,900
  • Net Operating Income $46,799

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

8,150 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • View: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 0216421620000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: Two
  • Price Per Square Foot: 124.15

Exterior Features

  • Construction Materials: Frame, Stucco

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 8150.00
  • Lot Size Acres: 0.1870

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 3900.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 100.00
  • Lot Size Area: 8150.0000 Square Feet
  • Net Operating Income: 46799.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Operating Expense: 1.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5200.00
  • Tax Lot: 4
  • Tax Tract Number: 9471
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2012
Closed on
Nov 26, 2012
Sold by
Lin Paul Yowngyao
Bought by
Tsao Julie Li Chun
Seller's Agent
Erik Berry
Erik J. Berry
Buyer's Agent
Erik Berry
Erik J. Berry
List Price
$529,000
Sold Price
$530,000
Premium/Discount to List
$1,000
0.19%
Current Estimated Value
$1,236,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,667
Avg. Annual Appreciation
6.64%

Purchase Details

Listed on
Sep 14, 2012
Closed on
Oct 30, 2012
Sold by
Maximov Paul
Bought by
Tsao Julie Li Chun
Seller's Agent
Erik Berry
Erik J. Berry
Buyer's Agent
Erik Berry
Erik J. Berry
List Price
$529,000
Sold Price
$530,000
Premium/Discount to List
$1,000
0.19%

Purchase Details

Closed on
Mar 7, 2006
Sold by
Mariners Church
Bought by
Maximov Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2005
Sold by
Pharris Gerald N
Bought by
Mariners Church

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.36%
Mortgage Type
Seller Take Back
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 Julie Li Chun -- North American Title Company
Tsao Julie Li Chun $530,000 North American Title Company
Maximov Paul $750,500 First American Title
Mariners Church -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maximov Paul $525,000
Previous Owner Mariners Church $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2012 12/12/12 Sold $530,000 +0.2% $124 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $529,000 -- $124 / 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 $7,281 $652,656 $227,813 $424,843
2024 $7,119 $639,859 $223,346 $416,513
2023 $6,922 $627,313 $218,967 $408,346
2022 $6,833 $615,013 $214,674 $400,339
2021 $6,789 $602,954 $210,465 $392,489
2020 $6,672 $596,772 $208,307 $388,465
2019 $6,616 $585,071 $204,223 $380,848
2018 $6,527 $573,599 $200,219 $373,380
2017 $6,295 $562,352 $196,293 $366,059
2016 $6,050 $551,325 $192,444 $358,881
2015 $6,010 $543,043 $189,553 $353,490
2014 $5,828 $532,406 $185,840 $346,566
Source: Public Records

Agents Affiliated with this Home

  • Erik Berry

    Seller's Agent in 2012

    Erik Berry

    Erik J. Berry

    (310) 779-4698

    11 Total Sales

    Erik Berry
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12115694

California Regional Multiple Listing Service (CRMLS)

APN: 0216-421-62

California San Bernardino County Ontario 91761 Ontario Ranch

1561 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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