NOT LISTED FOR SALE

16221 Ceres Ave Fontana, CA 92335

18 Beds
12 Baths
6,608 Sq Ft
0.59 Acre Lot

Sale Details

Date Sold: January 31, 2014

Last sale price $1,360,000 $206 Per Sq Ft

33 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Tile Flooring
  • Traditional Architecture
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2014

Condo style newer apartment! Turnkey! Always Rented! 6 units - each unit is 3 bedrooms, 2.5 baths, double car garage, each has a yard. Barbecue & play area available for all tenants. Gated complex.

Last Agent to Sell the Property

Ying Chun Cui

J C REALTY CO. License #01268283 Listed on: 09/19/2013

Last Buyer's Agent

Jay Kardar

HOME VIEW REALTY License #01189533

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 25,717 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Gated Parking

Home Design

  • 6,608 Sq Ft Home
  • Traditional Architecture
  • Property Attached
  • Tile Roof
  • Concrete Roof
  • Wood Siding

Kitchen

  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 18 Bedrooms
  • All Upper Level Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Legal Lot and Block 1 / 2
  • Tax Tract Number 2103
  • Assessor Parcel Number 0191182120000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $623
  • Gardener Expense $2,400
  • Insurance Expense $1,412
  • Maintenance Expense $445
  • Trash Expense $1,561
  • Water Sewer Expense $1,598
  • New Taxes Expense $16,002
  • Gross Income $8,479
  • Net Operating Income $83,325

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0.59 Acres

Parking

2

Listing Details

  • CapRate: 6.00
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1598.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 0191182120000
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 205.81
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Direct Garage Access, Garage Door Opener, Gated
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Trash Compactor
  • Heating Type: Forced Air
  • Laundry Features: Washer Hookup
  • Trash Expense: 1561.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 25717.00
  • Lot Size Acres: 0.5900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Electric Expense: 623.00
  • Gross Income: 8479.00
  • Gross Scheduled Income: 101748.00
  • Insurance Expense: 1412.00
  • Lot Size Area: 25717.0000 Square Feet
  • Maintenance Expense: 445.00
  • Net Operating Income: 83325.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 18423.00
  • Rent Control: No
  • Total Actual Rent: 8479.00

Tax Info

  • New Taxes Expense: 16002.00
  • Tax Block: 2
  • Taxes Percent: 59.33
  • Tax Lot: 1
  • Tax Tract Number: 2103
  • 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

Listed on
Sep 19, 2013
Closed on
Mar 24, 2014
Sold by
Bought by
Seller's Agent
Ying Chun Cui
J C REALTY CO.
Buyer's Agent
Jay Kardar
HOME VIEW REALTY
List Price
$1,390,000
Sold Price
$1,360,000
Premium/Discount to List
-$30,000
-2.16%

Purchase Details

Listed on
Sep 19, 2013
Closed on
Dec 3, 2013
Sold by
Bought by
Seller's Agent
Ying Chun Cui
J C REALTY CO.
Buyer's Agent
Jay Kardar
HOME VIEW REALTY
List Price
$1,390,000
Sold Price
$1,360,000
Premium/Discount to List
-$30,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
0.0445%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
0.0456%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2003
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
0.0784%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
0.0784%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 1993
Sold by
Bought by
Source: Public Records
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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 Available
$1,360,000 Ticor Title
-- Fidelity National Title Co
-- Fidelity National Title Co
$82,500 --
$80,000 Atc
$76,701 Fidelity National Title
-- Orange Coast Title
$82,000 Orange Coast Title
-- --
$136,805 First American Title Ins Co
-- Fidelity National Title Ins
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $650,000
Closed $700,000
Closed $450,000
Closed $500,000
Closed $82,000
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
01/31/2014 01/31/14 Sold $1,360,000 -2.2% $206 / Sq Ft
10/22/2013 10/22/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $1,390,000 -- $210 / 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 $18,571 $1,667,178 $471,959 $1,195,219
2024 $17,268 $1,634,488 $462,705 $1,171,783
2023 $16,821 $1,602,439 $453,632 $1,148,807
2022 $16,754 $1,571,018 $444,737 $1,126,281
2021 $16,543 $1,540,214 $436,017 $1,104,197
2020 $16,503 $1,524,421 $431,546 $1,092,875
2019 $15,999 $1,494,530 $423,084 $1,071,446
2018 $16,245 $1,465,225 $414,788 $1,050,437
2017 $16,154 $1,436,495 $406,655 $1,029,840
2016 $15,882 $1,408,328 $398,681 $1,009,647
2015 $15,679 $1,387,173 $392,692 $994,481
2014 $10,531 $912,392 $188,122 $724,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13191273

California Regional Multiple Listing Service (CRMLS)
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