NOT LISTED FOR SALE

1602 E Fairfield Ct Ontario, CA 91761

Ontario Ranch Neighborhood

Estimated Value: $1,106,000 - $1,497,112

9 Beds
7 Baths
4,269 Sq Ft
$304/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2014

Last sale price $660,000 $155 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,761 / mo

78 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 5 Car Garage

About This Home

As of March 2014

Covington 4-Plex in desirable area. Perfect for investment or to live in front unit and let the property pay for itself. Front until is 2-story with double door entry, vaulted ceiling in living area, 3 bedrooms, 1 and 3/4 bathrooms and private patio. The remaining 3 units are all 2 bedroom, Two with 1 and 1/2 baths and one with 1 and 1/4 baths. 2 units are 2-story with patios and direct access to garages. The one story is above the garages with a balcony. All units are in good condition with no deferred maintenance and property has a new roof. The building is centrally located close to downtown, freeway and Ontario Airport. Buyer to cooperate in seller's 1031 Tax Deferred Exchange at no additional cost to buyer. Management services are available. Please Do Not Disturb tenants, Drive By Only and all offers Subject To Interior Inspection After Acceptance of Purchase Agreement.

Last Agent to Sell the Property

Bob Diulio

First Team Real Estate License #01722238 Listed on: 12/18/2013

First Team Real Estate

Last Buyer's Agent

A.C Kaushal

Omni Realty & Investments License #00906848

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 8,978 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 4th floor
  • Slab Foundation
  • Shingle Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 26
  • Tax Tract Number 9471
  • Assessor Parcel Number 0216421470000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $384
  • Gardener Expense $360
  • Insurance Expense $1,000
  • Trash Expense $1,333
  • Water Sewer Expense $1,334
  • New Taxes Expense $7,710
  • Gross Income $4,700
  • Net Operating Income $42,956

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

8,978 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1334.00
  • Zoning: 0018.08
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 0216421470000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 4
  • Levels: Two
  • Price Per Square Foot: 154.60

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Trash Expense: 1333.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8978.00
  • Lot Size Acres: 0.2060

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 384.00
  • Gross Income: 4700.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8978.0000 Square Feet
  • Net Operating Income: 42956.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13454.00
  • Rent Control: No
  • Total Actual Rent: 4700.00

Tax Info

  • New Taxes Expense: 7710.00
  • Taxes Percent: 1.10
  • Tax Lot: 26
  • Tax Tract Number: 9471
  • Tax Year: 2012

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
May 1, 2024
Sold by
Bought by
Current Estimated Value
$1,298,278

Purchase Details

Closed on
Mar 1, 2024
Sold by
Bought by

Purchase Details

Listed on
Dec 18, 2013
Closed on
Mar 12, 2014
Sold by
Bought by
Seller's Agent
Bob Diulio
First Team Real Estate
Buyer's Agent
A.C Kaushal
Omni Realty & Investments
List Price
$710,000
Sold Price
$660,000
Premium/Discount to List
-$50,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Mar 27, 1996
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 1994
Sold by
Bought by
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

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
-- None Listed On Document
-- None Listed On Document
$660,000 Orange Coast Title Company
-- --
-- --
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
03/14/2014 03/14/14 Sold $660,000 -7.0% $155 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $710,000 -- $166 / 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 $8,993 $809,069 $245,172 $563,897
2024 $8,792 $793,205 $240,365 $552,840
2023 $8,548 $777,652 $235,652 $542,000
2022 $8,438 $762,404 $231,031 $531,373
2021 $8,384 $747,455 $226,501 $520,954
2020 $8,239 $739,791 $224,179 $515,612
2019 $8,169 $725,285 $219,783 $505,502
2018 $8,059 $711,064 $215,474 $495,590
2017 $7,772 $697,122 $211,249 $485,873
2016 $7,468 $683,453 $207,107 $476,346
2015 $7,419 $673,187 $203,996 $469,191
2014 $2,669 $237,155 $67,760 $169,395
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bob Diulio

    First Team Real Estate

    Section Image

  • A

    Buyer's Agent in 2014

    A.C Kaushal

    Omni Realty & Investments

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13249360

California Regional Multiple Listing Service (CRMLS)

APN: 0216-421-47

California San Bernardino County Ontario 91761 Ontario Ranch

1602 E Fairfield Ct, Ontario, CA

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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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