NOT LISTED FOR SALE

16409 Orange Way Fontana, CA 92335

Fontana Area
4 Beds
3 Baths
1,904 Sq Ft
10,750 Sq Ft Lot

Sale Details

Date Sold: August 31, 2018

Last sale price $387,000 $203 Per Sq Ft

146 Days on Market

Highlights

  • No HOA
  • 5 Detached Carport Spaces
  • 1-Story Property

About This Home

As of August 2018

Awesome central location in the City of Fontana. Triplex features a two bedroom unit with private yard and 2 one bedroom units. Each unit is in its own separate building!!! There is ample carport and public street parking for all units!!! This investment property is centrally located to schools, downtown Fontana, the train station, shopping, parks and transportation including nearby freeways!!!

Last Agent to Sell the Property

Pablo Velasquez

Advance Realty License #00943251 Listed on: 02/21/2018

Last Buyer's Agent

Daniel Valencia

EXCEL MANAGERS License #00948464

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 10,750 Sq Ft Lot
  • No Common Walls

Home Design

  • Triplex

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 9 Parking Spaces
  • 5 Detached Carport Spaces
  • Driveway Level
  • On-Street Parking
  • Assigned Parking

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 35
  • Tax Tract Number 28
  • Assessor Parcel Number 0191211350000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,600
  • Trash Expense $480
  • Water Sewer Expense $720
  • New Taxes Expense $6,200
  • Operating Expense $9,000
  • Gross Income $18,000
  • Net Operating Income $21,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

10,750 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 720.00
  • Zoning: M-1
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0191211350000
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 203.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking Features: Assigned, Carport, Detached Carport, Asphalt, Driveway Level, Street
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size: 50 by 215
  • Lot Size Sq Ft: 10750.00

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 864 Square Feet
  • Average Studio Area: 520 Square Feet
  • Gross Income: 18000.00
  • Gross Operating Income: 30900.00
  • Gross Scheduled Income: 30900.00
  • Insurance Expense: 1600.00
  • Net Operating Income: 21900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 9000.00
  • Operating Expense Percent: 29.00
  • Rent Control: No
  • Total Actual Rent: 2575.00
  • Total Expenses: 9000.00

Tax Info

  • New Taxes Expense: 6200.00
  • Tax Census Tract: 28.04
  • Tax Lot: 35
  • Tax Tract Number: 28.4

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
Feb 21, 2018
Closed on
Aug 27, 2018
Sold by
Bought by
Seller's Agent
Pablo Velasquez
Advance Realty
Buyer's Agent
Daniel Valencia
EXCEL MANAGERS
List Price
$496,000
Sold Price
$387,000
Premium/Discount to List
-$109,000
-21.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Outstanding Balance
$101,975
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 19, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 3, 2002
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
$113,750
Interest Rate
6.89%
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
$387,000 Ticor Title
-- None Available
-- None Available
$162,500 Investors Title
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
Open $119,700
Previous Owner $116,500
Previous Owner $113,750
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
08/31/2018 08/31/18 Sold $387,000 -3.0% $203 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
05/18/2018 05/18/18 Price Changed $399,000 -19.6% $210 / Sq Ft
02/21/2018 02/21/18 For Sale $496,000 -- $261 / 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
2026 $7,309 $440,340 $125,161 $315,179
2025 $7,309 $431,706 $122,707 $308,999
2024 $6,825 $423,241 $120,301 $302,940
2023 $5,328 $414,942 $117,942 $297,000
2022 $5,272 $406,805 $115,629 $291,176
2021 $5,201 $398,829 $113,362 $285,467
2020 $5,206 $394,740 $112,200 $282,540
2019 $5,029 $387,000 $110,000 $277,000
2018 $3,177 $210,987 $51,934 $159,053
2017 $3,098 $206,850 $50,916 $155,934
2016 $2,996 $202,794 $49,918 $152,876
2015 $2,925 $199,748 $49,168 $150,580
2014 $2,899 $195,835 $48,205 $147,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18042339

California Regional Multiple Listing Service (CRMLS)

APN: 0191-211-35

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