NOT LISTED FOR SALE

16040 Dorsey Ave Fontana, CA 92335

Estimated Value: $847,000 - $1,113,515

2 Beds
1 Bath
3,220 Sq Ft
$293/Sq Ft Est. Value

Last Sold November 23, 2012

Last sale price $350,000 $109 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $5,513/month

37 Days on Market

Highlights

  • Contemporary Architecture
  • Carpet
  • No Heating

About This Home

As of November 2012

Standar Sale!! Great opportunity... LOCATION LOCATION LOCATION. This is a very good opportunity for investors, all units are totally remodeled. very nice condition. Built on 1981... 4 UNITS each 2 bedrooms and 1 bath. Carports, long dirveway!!!

Last Agent to Sell the Property

Christine Hernandez

Century 21 Masters License #01723510 Listed on: 09/24/2012

Century 21 Masters

Last Buyer's Agent

Jorge Sanchez

Sharpstone Realty, Inc. License #01473889

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,864

Year Built

  • Built in 1981

Lot Details

  • 8,100 Sq Ft Lot
  • Lot Dimensions are 60x135

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Roof
  • Stucco

Interior Spaces

  • 3,220 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 10390
  • Assessor Parcel Number 0232191060000

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $100
  • Insurance Expense $160
  • Maintenance Expense $100
  • Trash Expense $800
  • Water Sewer Expense $1
  • New Taxes Expense $4,020
  • Gross Income $3,100
  • Net Operating Income $3,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,864

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 0.91
  • View: No
  • Water Sewer Expenses: 1.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 0232191060000
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 108.70

Exterior Features

  • Pool Private: No
  • Roof: Shingle, Wood
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 800.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 60x135
  • Lot Size Sq Ft: 8100.00
  • Lot Size Acres: 0.1860

Multi Family

  • Gross Income: 3100.00
  • Gross Multiplier: 95.00
  • Gross Scheduled Income: 3600.00
  • Insurance Expense: 160.00
  • Lot Size Area: 8100.0000 Square Feet
  • Maintenance Expense: 100.00
  • Net Operating Income: 3100.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 500.00

Tax Info

  • New Taxes Expense: 4020.00
  • Tax Area: 10000
  • Tax Lot: 5
  • Tax Tract Number: 10390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2012
Closed on
Nov 20, 2012
Sold by
Sanchez Salvador
Bought by
Maciel Rosalba
Seller's Agent
Christine Hernandez
Century 21 Masters
Buyer's Agent
Jorge Sanchez
Sharpstone Realty, Inc.
List Price
$342,000
Sold Price
$350,000
Premium/Discount to List
$8,000
2.34%
Current Estimated Value
$942,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,879
Avg. Annual Appreciation
8.73%

Purchase Details

Listed on
Sep 24, 2012
Closed on
Oct 11, 2012
Sold by
Ho Anita K
Bought by
Maciel Rosalba
Seller's Agent
Christine Hernandez
Century 21 Masters
Buyer's Agent
Jorge Sanchez
Sharpstone Realty, Inc.
List Price
$342,000
Sold Price
$350,000
Premium/Discount to List
$8,000
2.34%

Purchase Details

Closed on
May 18, 2009
Sold by
Lau Jason
Bought by
Ho Anita K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Ho Anita K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2008
Sold by
Farias Rosalba
Bought by
Hsbc Bank Usa Na and Sg Mortgage Securities Trust 2007 Ahl1 A

Purchase Details

Closed on
May 25, 2005
Sold by
Mercado Hilda
Bought by
Farias Rosalba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 4, 2004
Sold by
Mercado Hilda
Bought by
Mercado Hilda and Franco Rosalba

Purchase Details

Closed on
Jul 27, 2004
Sold by
Franco Rosalba
Bought by
Mercado Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Franco Antonio
Bought by
Franco Rosalba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2004
Sold by
Franco Antonio
Bought by
Franco Antonio and Franco Rosalba

Purchase Details

Closed on
Aug 21, 2003
Sold by
Franco Rosalba
Bought by
Franco Antonio

Purchase Details

Closed on
Jun 12, 2003
Sold by
Woodall James C
Bought by
Franco Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2001
Sold by
Fridenberg James
Bought by
Woodall James C and Woodall Jecine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,064
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 1995
Sold by
Emc Mtg Corp
Bought by
Fridenberg James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
7.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1995
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Mar 28, 1995
Sold by
Dhaliwal Pritam Singh
Bought by
Great Western Bank Fsb

Purchase Details

Closed on
Mar 15, 1995
Sold by
Dhaliwal Pritam Singh
Bought by
Bvs Investment Corp
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Maciel Rosalba -- Ticor Title
Maciel Rosalba $350,000 Ticor Title
Ho Anita K -- Lsi Title Company
Ho Anita K $184,000 Lsi Title Company
Hsbc Bank Usa Na $455,700 None Available
Farias Rosalba -- Fidelity National Title Co
Farias Rosalba -- Fidelity National Title Co
Mercado Hilda -- --
Franco Rosalba -- --
Mercado Hilda $415,000 Atc-Glendale
Franco Rosalba -- Atc-Glendale
Franco Antonio -- --
Franco Antonio -- Orange Coast Title
Franco Antonio $315,000 Orange Coast Title
Woodall James C $190,000 Orange Coast Title
Fridenberg James -- Orange Coast Title
Fridenberg James $90,000 Chicago Title Co
Emc Mtg Corp $66,000 Chicago Title Co
Great Western Bank Fsb $121,418 Chicago Title Insurance Co
Bvs Investment Corp -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho Anita K $227,500
Previous Owner Ho Anita K $138,000
Previous Owner Farias Rosalba $528,000
Previous Owner Farias Rosalba $424,000
Previous Owner Mercado Hilda $332,000
Previous Owner Franco Antonio $252,000
Previous Owner Woodall James C $187,064
Previous Owner Fridenberg James $134,979
Previous Owner Fridenberg James $142,800
Closed Mercado Hilda $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2012 11/23/12 Sold $350,000 +2.3% $109 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $342,000 -- $106 / 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 $5,864 $430,996 $67,727 $363,269
2024 $5,864 $422,545 $66,399 $356,146
2023 $5,641 $414,260 $65,097 $349,163
2022 $5,573 $406,138 $63,821 $342,317
2021 $5,496 $398,175 $62,570 $335,605
2020 $5,507 $394,092 $61,928 $332,164
2019 $5,315 $386,365 $60,714 $325,651
2018 $5,311 $378,790 $59,524 $319,266
2017 $5,200 $371,363 $58,357 $313,006
2016 $5,046 $364,082 $57,213 $306,869
2015 $4,938 $358,614 $56,354 $302,260
2014 $4,904 $351,589 $55,250 $296,339
Source: Public Records

Agents Affiliated with this Home

  • Christine Hernandez

    Seller's Agent in 2012

    Christine Hernandez

    Century 21 Masters

    (626) 221-6870

    33 Total Sales

    Christine Hernandez
    Section Image

  • J

    Buyer's Agent in 2012

    Jorge Sanchez

    Sharpstone Realty, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1205042

California Regional Multiple Listing Service (CRMLS)

APN: 0232-191-06

California San Bernardino County Fontana 92335

16040 Dorsey Ave, Fontana, CA

This home is located at 16040 Dorsey Ave, Fontana, CA 92335 since 24 September 2012 and is currently estimated at $942,879, approximately $292 per square foot. This property was built in 1981. 16040 Dorsey Ave is a home located in San Bernardino County with nearby schools including Redwood Elementary School, Almeria Middle School, and Fontana High School.

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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