NOT LISTED FOR SALE

16240 Summerset St Fontana, CA 92336

Estimated Value: $783,180 - $814,000

5 Beds
4 Baths
2,727 Sq Ft
$295/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $480,000 $176 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,945/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Loft
  • Contemporary Architecture
  • Main Floor Bedroom
  • Private Yard

About This Home

As of April 2018

Exquisite 2 story home in North Fontana, walking distance to A.B. Miller High school. Home features 5 bedrooms with a main floor bedroom. Master Suite bedroom upstairs with dual sink master bath, walk in shower, soaking tub and large walk-in closet. Main floor has a private living room, dining room, family room with a fireplace which is open to the kitchen. Jack and Jill bedrooms with guest bath, dual sink vanity. Study room at top of stairs landing. Home is professional landscaped with a large patio deck in the back yard. Make an offer and make this your home today!

Last Agent to Sell the Property

Nathaniel Genis

The Nat Genis Team, INC. License #01429533 Listed on: 03/01/2018

Last Buyer's Agent

Raj Patel

AMERICAN CREDIT MORTGAGE, INC. License #01924411

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,237

Year Built

  • Built in 2006

Lot Details

  • 8,450 Sq Ft Lot
  • South Facing Home
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Lawn

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Flat Tile Roof
  • Stucco

Interior Spaces

  • 2,727 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Carpet
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 16363
  • Assessor Parcel Number 0240401160000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,237

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0240401160000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2727.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 176.02
  • Room Type: Entry, Family Room, Jack & Jill, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Suite, Separate Family Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s)
  • Room Kitchen Features: Kitchen Island, Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Patio, Slab
  • Pool Private: No
  • Roof: Flat Tile
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Fontana Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Lot 6500-9999, Sprinkler System, Yard
  • Lot Size Sq Ft: 8450.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 23.01
  • Tax Lot: 32
  • Tax Tract Number: 16363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2022
Sold by
Patel Chetan and Patel Daxa
Bought by
Daxa Patel Living Trust
Current Estimated Value
$803,295

Purchase Details

Closed on
Aug 3, 2020
Sold by
Patel Shipaben
Bought by
Patel Kamleshkumar K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2020
Sold by
Patel Chetan and Patel Kamleshkumar K
Bought by
Patel Chetan and Patel Daxa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2018
Closed on
May 16, 2018
Sold by
Patel Chetan
Bought by
Patel Chetan and Patel Kamleshkumar K
Seller's Agent
Nathaniel Genis
The Nat Genis Team, INC.
Buyer's Agent
Raj Patel
AMERICAN CREDIT MORTGAGE, INC.
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$336,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 1, 2018
Closed on
Mar 19, 2018
Sold by
Patel Daxa
Bought by
Patel Chetan
Seller's Agent
Nathaniel Genis
The Nat Genis Team, INC.
Buyer's Agent
Raj Patel
AMERICAN CREDIT MORTGAGE, INC.
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 1, 2018
Closed on
Mar 12, 2018
Sold by
Dyer Khristine
Bought by
Patel Chetan
Seller's Agent
Nathaniel Genis
The Nat Genis Team, INC.
Buyer's Agent
Raj Patel
AMERICAN CREDIT MORTGAGE, INC.
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2008
Sold by
La Salle Bank Na
Bought by
Dyer Khristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2007
Sold by
Vance Marc T and Vance Maria R
Bought by
Lasalle Bank Na and Mlmi Trust Series 2007-He1

Purchase Details

Closed on
May 19, 2006
Sold by
Ren Shiyuan and Zhu Jiabai
Bought by
Vance Marc T and Vance Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,920
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2005
Sold by
Citrus 16363 Lp
Bought by
Ren Shiyuan and Zhu Jiabai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
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
Daxa Patel Living Trust -- --
Patel Kamleshkumar K -- First American Title Company
Patel Chetan -- Fidelity National Title Co
Patel Chetan -- None Available
Patel Chetan -- Ticor Title
Patel Chetan $480,000 Ticor Title
Dyer Khristine $320,000 Lsi Title Agency
Lasalle Bank Na $379,040 Fnt
Vance Marc T $567,500 United Title Company
Ren Shiyuan $502,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Chetan $331,000
Previous Owner Patel Chetan $336,000
Previous Owner Dyer Khristine $288,000
Previous Owner Vance Marc T $453,920
Previous Owner Ren Shiyuan $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $480,000 +1.1% $176 / Sq Ft
03/07/2018 03/07/18 For Sale $475,000 -1.0% $174 / Sq Ft
03/05/2018 03/05/18 Off Market $480,000 -- --
03/01/2018 03/01/18 For Sale $475,000 -- $174 / 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 $8,237 $546,158 $159,295 $386,863
2024 $8,237 $535,449 $156,172 $379,277
2023 $7,611 $524,950 $153,110 $371,840
2022 $7,644 $514,657 $150,108 $364,549
2021 $7,567 $504,566 $147,165 $357,401
2020 $7,539 $499,392 $145,656 $353,736
2019 $7,374 $489,600 $142,800 $346,800
2018 $6,054 $362,169 $118,837 $243,332
2017 $6,004 $355,068 $116,507 $238,561
2016 $5,911 $348,106 $114,223 $233,883
2015 $5,841 $342,877 $112,507 $230,370
2014 $5,829 $336,160 $110,303 $225,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18047696

California Regional Multiple Listing Service (CRMLS)

APN: 0240-401-16