NOT LISTED FOR SALE

16585 Paine St Fontana, CA 92336

Estimated Value: $589,266 - $990,000

3 Beds
2 Baths
1,548 Sq Ft
$467/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $425,000 $275 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,249/month

79 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Heating Available
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2021

GREAT INVESTMENT OPPORTUNITY IN THE CITY OF FONTANA. This is a Duplex with a 1 Bedroom 1 Bath unit in the front and a 2 bedroom 1 bath unit in the back. Each unit offers inside laundry room. Each unit comes with its' own enclosed yard area and a 1 Car Garage. More parking spots outside of the garage. Additional guest parking is available on the street in front of the property. This property has a newer roof (approx. 1.5 yrs old) on all buildings. It is located near the end of a cul-de-sac and close to shopping centers. A great opportunity for investors or you can live in one and rent the other. Please do not go direct to the property, ask any questions or disturb the occupants. Please reach out to a real estate professional for further details. THIS PROPERTY WILL NOT LAST. A MUST SEE!!!

Last Agent to Sell the Property

Rene Jimenez

ARREBA License #01511975 Listed on: 11/28/2020

Last Buyer's Agent

JAZMIN CONTRERAS

EXP REALTY OF CALIFORNIA INC. License #02116323

EXP REALTY OF CALIFORNIA INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,469

Year Built

  • Built in 1954

Lot Details

  • 6,436 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Shared Driveway

Home Design

  • 1,548 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Water Not Available
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 03
  • Tax Tract Number 2135
  • Assessor Parcel Number 0190121640000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $70
  • Water Sewer Expense $120
  • Operating Expense $190
  • Gross Income $21,000
  • Net Operating Income $17,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,469

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 120.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0190121640000
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 274.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Shared Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 70.00
  • Water Source: None, Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6436.00
  • Lot Size Acres: 0.1478

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 21000.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6436.0000 Square Feet
  • Net Operating Income: 17800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Operating Expense: 3200.00
  • Rent Control: No
  • Total Expenses: 190.00

Tax Info

  • Tax Census Tract: 28.01
  • Tax Lot: 03
  • Tax Tract Number: 2135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
May 14, 2021
Sold by
Suazo Evelin Citlali
Bought by
Suazo Jessie Leonel
Seller's Agent
Rene Jimenez
ARREBA
Buyer's Agent
JAZMIN CONTRERAS
EXP REALTY OF CALIFORNIA INC.
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$723,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,317
Avg. Annual Appreciation
12.69%
Original Mortgage
$417,302
Outstanding Balance
$378,180
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$345,137

Purchase Details

Listed on
Nov 28, 2020
Closed on
May 3, 2021
Sold by
Rivas Juan
Bought by
Suazo Jessie Leoael
Seller's Agent
Rene Jimenez
ARREBA
Buyer's Agent
JAZMIN CONTRERAS
EXP REALTY OF CALIFORNIA INC.
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Outstanding Balance
$378,180
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$345,137

Purchase Details

Listed on
Nov 28, 2020
Closed on
Apr 15, 2021
Sold by
Suazo Evelin Citlali
Bought by
Suazo Jessie Leonel
Seller's Agent
Rene Jimenez
ARREBA
Buyer's Agent
JAZMIN CONTRERAS
EXP REALTY OF CALIFORNIA INC.
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Outstanding Balance
$378,180
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$345,137

Purchase Details

Closed on
Mar 21, 2002
Sold by
Nunez Manuel
Bought by
Rivas Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,973
Interest Rate
6.29%
Mortgage Type
FHA
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
Suazo Jessie Leonel -- Lawyers Title
Suazo Jessie Leoael $425,000 Lawyers Title
Suazo Jessie Leonel -- Lawyers Title
Rivas Juan $116,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suazo Jessie Leonel $417,302
Closed Suazo Jessie Leoael $417,302
Closed Suazo Jessie Leonel $417,302
Previous Owner Rivas Juan $114,973
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $425,000 0.0% $275 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $425,000 0.0% $275 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $425,000 0.0% $275 / Sq Ft
12/09/2020 12/09/20 Off Market $425,000 -- --
11/28/2020 11/28/20 For Sale $425,000 -- $275 / 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 $5,469 $460,033 $124,480 $335,553
2024 $5,469 $451,013 $122,039 $328,974
2023 $5,293 $442,170 $119,646 $322,524
2022 $5,249 $433,500 $117,300 $316,200
2021 $2,284 $155,211 $40,141 $115,070
2020 $2,290 $153,619 $39,729 $113,890
2019 $2,209 $150,607 $38,950 $111,657
2018 $2,200 $147,654 $38,186 $109,468
2017 $2,147 $144,759 $37,437 $107,322
2016 $2,078 $141,921 $36,703 $105,218
2015 $2,030 $139,790 $36,152 $103,638
2014 $2,012 $137,052 $35,444 $101,608
Source: Public Records

Agents Affiliated with this Home

  • Rene Jimenez

    Seller's Agent in 2021

    Rene Jimenez

    ARREBA

    (909) 561-1654

    53 Total Sales

    Rene Jimenez
    Section Image
  • JAZMIN CONTRERAS

    Buyer's Agent in 2021

    JAZMIN CONTRERAS

    EXP REALTY OF CALIFORNIA INC.

    (951) 768-0352

    23 Total Sales

    JAZMIN CONTRERAS
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20247421

California Regional Multiple Listing Service (CRMLS)

APN: 0190-121-64

California San Bernardino County Fontana 92336

16585 Paine St, Fontana, CA

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

Nearby Homes