NOT LISTED FOR SALE

16492 Merrill Ave Fontana, CA 92335

Estimated Value: $566,467 - $630,000

0.51 Acre
$1,172,318 Price per Acre
22,229 Sq Ft Lot

Last Sold March 15, 2024

Last sale price $550,000

Est. 9% increase in value since last sale

Current estimated payment $3,776/month

373 Days on Market

Highlights

  • 0.51 Acre Lot
  • Corner Lot
  • No HOA
  • Mountain View

About This Lot

As of March 2024

PRIME FLAT CORNER LOT! LOCATED ON THE HEART OF FONTANA. DIRECTLY ACROSS FROM THE FONTANA DMV. MERRILL AVE IS A BUSY THOROUGHFARE THAT CONSISTS OF 4 LANE ARTERIAL STREET. HIGH TRAFFIC COUNT. BUYER CONFIRM WITH THE CITY/COUNTY AS OF USE. CITY LAST ASVISED THE PROPERTY COULD BE USED AS RETAIL RENTAL SPACE LARGER THAN 900 SQFT OR A 6,000 SQFT LIGHT INDUSTRAL WAREHOUSE. HOUSES LOCATED TO THE NORTH AND BUSINESSES TO THE WEST, UTILITIES AVAILABLE

Last Agent to Sell the Property

John Fox

KELLER WILLIAMS REALTY Brokerage Phone: 909-969-4868 License #02083482 Listed on: 01/20/2023

KELLER WILLIAMS REALTY

Last Buyer's Agent

Samuel Mikhail

The New City Realty License #01712561

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,200

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 94 x 234
  • Corner Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned COMMERCIAL / LIGHT INDUST

Property Views

  • Mountain
  • Neighborhood

Listing and Financial Details

  • Legal Lot and Block 11 / 1
  • Tax Tract Number 2103
  • Assessor Parcel Number 0191221460000
  • $598 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$6,200

Lot Details

0

Listing Details

  • Current Use Comments: VACANT LAND
  • Possible Use Comments: OFFICES, RETAIL SPACE, OR LIGHT INDUSTRAL TYPE WAREHOUSE. CHECK & CONFIRM WITH THE CITY AND COUNTY FOR CURRENT ACCETABLE USE
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained, Paved
  • View: Yes
  • Zoning: COMMERCIAL / LIGHT INDUST
  • Property Type: Land
  • Parcel Number: 0191221460000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 24.74

Exterior Features

  • View: Mountain(s), Neighborhood

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Lot 20000-39999 Sqft
  • Lot Size: 94 x 234
  • Lot Size Sq Ft: 22230.00
  • Lot Size Acres: 0.5103

Multi Family

  • Lot Size Area: 22230.0000 Square Feet

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 28.04
  • Tax Lot: 11
  • Tax Tract Number: 2103
  • TaxOtherAnnualAssessmentAmount: 598.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 9, 2024
Sold by
Mona Salti Irsheid Revocable Living Trus
Bought by
City Edge Realty Llc
Seller's Agent
John Fox
KELLER WILLIAMS REALTY
Buyer's Agent
Samuel Mikhail
The New City Realty
List Price
$699,900
Sold Price
$550,000
Premium/Discount to List
-$149,900
-21.42%
Views
444
Current Estimated Value
$598,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,234
Avg. Annual Appreciation
5.49%
Original Mortgage
$330,000
Outstanding Balance
$324,831
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$269,525

Purchase Details

Closed on
Jan 11, 2015
Sold by
Irsheid Mona Salti
Bought by
Irsheid Mona Salti and Irsheid Mona Salti

Purchase Details

Closed on
Feb 2, 2007
Sold by
Carolin Mikhail Hany Riad
Bought by
Irsheid Mona Salti

Purchase Details

Closed on
Jun 7, 2006
Sold by
Chang Yvonne
Bought by
Carolin Mikhail Hany Riad and Carolin Doula
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
City Edge Realty Llc $550,000 Ticor Title
Irsheid Mona Salti -- None Available
Irsheid Mona Salti $415,000 First American Title Company
Carolin Mikhail Hany Riad $260,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open City Edge Realty Llc $330,000
Previous Owner Mikhail Hany Riad $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $550,000 0.0% --
01/28/2024 01/28/24 Pending -- -- --
10/09/2023 10/09/23 Price Changed $550,000 -21.4% --
07/18/2023 07/18/23 For Sale $699,900 +27.3% --
07/14/2023 07/14/23 Off Market $550,000 -- --
03/28/2023 03/28/23 Price Changed $699,900 -12.0% --
01/20/2023 01/20/23 For Sale $795,000 -- --
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 $6,200 $561,000 $561,000 --
2024 $6,200 $545,112 $545,112 --
2023 $4,059 $347,500 $347,500 $0
2022 $3,762 $315,900 $315,900 $0
2021 $3,470 $287,200 $287,200 $0
2020 $3,361 $276,200 $276,200 $0
2019 $3,242 $268,200 $268,200 $0
2018 $3,251 $261,400 $261,400 $0
2017 $3,048 $242,000 $242,000 $0
2016 $2,782 $220,000 $220,000 $0
2015 $2,542 $200,000 $200,000 $0
2014 $2,576 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23010773

California Regional Multiple Listing Service (CRMLS)

APN: 0191-221-46