NOT LISTED FOR SALE

16030 Valencia Ct Fontana, CA 92335

Estimated Value: $789,000 - $868,000

2 Beds
1 Bath
2,484 Sq Ft
$334/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $688,000 $277 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,104/month

136 Days on Market

Highlights

  • Lawn
  • Cul-De-Sac
  • Laundry Room

About This Home

As of July 2021

Fantastic triplex in Fontana, Featuring 2 large bedroom 1 bath units. New roof, new exterior paint, new lawn front yard, new pavement driveway and back of the property. New wooden fence. Each unit has washer hook up. Each unit has 1 car detached garage and extra parking spaces in the rear of the property. Property is located on a cul de sac. Centrally located between the 10 and 210 fwy. Close to schools, restaurants, shopping, transportation. Please do not disturb tenants and drive by only. Make this one a must see!!!

Last Agent to Sell the Property

Vince Kwon

IRN Realty License #01778421 Listed on: 02/18/2021

IRN Realty

Last Buyer's Agent

Karen Yu

Mountain View Capital, Inc. License #01909924

Mountain View Capital, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,612

Year Built

  • Built in 1981

Lot Details

  • 8,100 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Lawn
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Three Garage Doors
  • Parking Lot

Home Design

  • 2,484 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 10514
  • Assessor Parcel Number 0232201030000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $1,440
  • Water Sewer Expense $1,560
  • New Taxes Expense $6,000
  • Operating Expense $10,100
  • Gross Income $43,200
  • Net Operating Income $33,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,612

Year Built

Built in 1981

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 6263745121
  • Property Attached: Yes
  • Water Sewer Expenses: 1560.00
  • Property Type: Residential Income
  • Parcel Number: 0232201030000
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 276.97

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Three Door, Parking Space
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Lawn
  • Lot Size Sq Ft: 8100.00
  • Lot Size Acres: 0.1860

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 8100.0000 Square Feet
  • Net Operating Income: 33100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 10100.00
  • Rent Control: No
  • Total Expenses: 10100.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 24.02
  • Tax Lot: 3
  • Tax Tract Number: 10514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Jul 13, 2021
Sold by
Al Young Llc
Bought by
Zhu Xijiang and Xij Iang Zhu Family Trust
Seller's Agent
Vince Kwon
IRN Realty
Buyer's Agent
Karen Yu
Mountain View Capital, Inc.
List Price
$688,000
Sold Price
$688,000
Current Estimated Value
$829,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,859
Avg. Annual Appreciation
4.53%

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jun 15, 2018
Sold by
Casillas Enrique
Bought by
A1 Young Llc
Seller's Agent
Caleb Romo
Synergy Real Estate
Buyer's Agent
Bruce Kwon
IRN Realty
List Price
$524,900
Sold Price
$508,000
Premium/Discount to List
-$16,900
-3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
May 2, 2009
Sold by
The Bank Of New York
Bought by
Casillas Enrique and Casillas Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2008
Sold by
Barboza Benigno
Bought by
The Bank Of New York

Purchase Details

Closed on
Jun 12, 2008
Sold by
Barboza Benigno
Bought by
California National Mortgage

Purchase Details

Closed on
May 31, 2000
Sold by
Eghbal Morteza
Bought by
Barboza Benigno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,953
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 1999
Sold by
Munguia Jose L
Bought by
Valencia Trust

Purchase Details

Closed on
Dec 3, 1996
Sold by
Downey S & L Assn Fa
Bought by
Munguia Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 9, 1996
Sold by
Tsai Chih Wen
Bought by
Downey S & L Assn

Purchase Details

Closed on
Mar 16, 1994
Sold by
Tsai Chih Ming
Bought by
Tsai Chih Wen and Tsai Betty C
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
Zhu Xijiang $688,000 Provident Title Company
A1 Young Llc $508,000 Western Resources Title
Casillas Enrique $190,000 Fidelity National Title Co
The Bank Of New York $292,500 Accommodation
California National Mortgage $46,356 First American
Barboza Benigno $128,000 Commonwealth Land Title Co
Valencia Trust $89,000 Commonwealth Land Title Co
Munguia Jose Luis $80,000 Continental Lawyers Title Co
Downey S & L Assn $79,050 Stewart Title
Tsai Chih Wen -- --
Tsai Chih Ming -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casillas Enrique $142,500
Previous Owner Barboza Benigno $126,953
Previous Owner Munguia Jose Luis $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2021 07/19/21 Sold $688,000 0.0% $277 / Sq Ft
07/12/2021 07/12/21 For Sale $688,000 0.0% $277 / Sq Ft
07/11/2021 07/11/21 Off Market $688,000 -- --
07/06/2021 07/06/21 For Sale $688,000 0.0% $277 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
06/30/2021 06/30/21 Off Market $688,000 -- --
04/29/2021 04/29/21 For Sale $688,000 0.0% $277 / Sq Ft
04/28/2021 04/28/21 Off Market $688,000 -- --
04/21/2021 04/21/21 Price Changed $688,000 +4.6% $277 / Sq Ft
04/20/2021 04/20/21 Price Changed $658,000 0.0% $265 / Sq Ft
04/20/2021 04/20/21 For Sale $658,000 +1.5% $265 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $648,000 +27.6% $261 / Sq Ft
06/27/2018 06/27/18 Sold $508,000 -1.4% $205 / Sq Ft View Prior Sale
06/06/2018 06/06/18 Pending -- -- --
06/01/2018 06/01/18 Price Changed $515,000 -1.9% $207 / Sq Ft
04/24/2018 04/24/18 For Sale $524,900 -- $211 / 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 $8,612 $730,111 $217,548 $512,563
2024 $8,612 $715,795 $213,282 $502,513
2023 $8,336 $701,760 $209,100 $492,660
2022 $8,268 $688,000 $205,000 $483,000
2021 $6,652 $533,998 $183,956 $350,042
2020 $6,653 $528,523 $182,070 $346,453
2019 $6,432 $518,160 $178,500 $339,660
2018 $3,228 $215,550 $68,069 $147,481
2017 $3,148 $211,323 $66,734 $144,589
2016 $3,045 $207,179 $65,425 $141,754
2015 $2,974 $204,067 $64,442 $139,625
2014 $2,948 $200,070 $63,180 $136,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21034484

California Regional Multiple Listing Service (CRMLS)

APN: 0232-201-03