NOT LISTED FOR SALE

16650 Terrace Ln Unit B Fontana, CA 92335

Estimated Value: $334,000 - $416,042

3 Beds
2.5 Baths
1,244 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $102,000 $82 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $2,371/month

133 Days on Market

Highlights

  • Private Pool
  • 2 Car Attached Garage
  • Patio
  • Neighborhood Views
  • Eat-In Kitchen
  • 2-minute walk to Seville Park & Amphitheater

About This Home

As of July 2013

Wonderful HUD Property in central Fontana location. This home offers 3 bedrooms, open floor plan, and 2.5 baths. This home does qualify for FHA buyers and is accepting owner-occupant bids at this time. This complex offers a pool and easy access to the Pacific Electric Trail which is popular for cycling, runners, and walking path linking Fontana all the way to Claremont. Hurry to this one!. NOTE: State law requires Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a low to moderate flood risk. Please refer to MLS Supplements for additional information regarding flood zones and insurance, HOA Association fee of $225 Monthly : Fontana Townhome HOA. Per FHA appraiser, install co detectors, repair HVAC, 1244 square feet. Please refer to MLS Supplements for information on Overbidding/Escrow Repair and Bidding/Lending.

Last Agent to Sell the Property

Stuart Merida-Realtor California-Nevada

KELLER WILLIAMS EMPIRE ESTATES License #01871478 Listed on: 05/17/2013

Last Buyer's Agent

Jaime A. Suarez

BONA REAL ESTATE PASADENA License #01196632

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,670

Year Built

  • Built in 1980

Lot Details

  • 1,259 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,244 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10487
  • Assessor Parcel Number 0191113220000

Community Details

Overview

  • 100 Units

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,670

Year Built

Built in 1980

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 0191113220000
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1244.00
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 81.99
  • Room Type: Living Room
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Lot Features: Paved, Planned Unit Development
  • Lot Size Sq Ft: 1259.00
  • Lot Size Acres: 0.0290

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1259.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10487

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2013
Closed on
Jul 2, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Palacio Patricia
Seller's Agent
Stuart Merida-Realtor California-Nevada
KELLER WILLIAMS EMPIRE ESTATES
Buyer's Agent
Jaime A. Suarez
BONA REAL ESTATE PASADENA
List Price
$101,000
Sold Price
$102,000
Premium/Discount to List
$1,000
0.99%
Current Estimated Value
$369,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,011
Avg. Annual Appreciation
11.19%
Original Mortgage
$100,152
Outstanding Balance
$72,937
Interest Rate
3.88%
Mortgage Type
FHA
Estimated Equity
$296,074

Purchase Details

Closed on
Oct 22, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Nov 19, 2010
Sold by
California Housing Finance Authority
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Sep 2, 2010
Sold by
Mendoza Raul
Bought by
California Housing Finance Agency

Purchase Details

Closed on
May 15, 2006
Sold by
Roberts Gwendolyn D
Bought by
Mendoza Raul and Mendoza Lorenza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2004
Sold by
Roberts David Walter
Bought by
Roberts Gwendolyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2004
Sold by
Sharp Lonnie L
Bought by
Roberts Gwendolyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2000
Sold by
Christian Webb Ltd
Bought by
Sharp Lonnie L and Hardy Sharp Jonisha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,526
Interest Rate
8.2%
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
Palacio Patricia $102,000 Chicago Title Co
The Secretary Of Housing & Urban Develop -- Landsafe Title
Bac Home Loans Servicing Lp -- Landsafe Title
California Housing Finance Agency $291,202 First American Title
Mendoza Raul $270,000 First American Title Company
Roberts Gwendolyn D -- Fidelity National Title Co
Roberts Gwendolyn D $197,000 Fidelity National Title Co
Sharp Lonnie L $71,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacio Patricia $100,152
Previous Owner Mendoza Raul $265,828
Previous Owner Roberts Gwendolyn D $157,600
Previous Owner Sharp Lonnie L $143,115
Previous Owner Sharp Lonnie L $97,750
Previous Owner Sharp Lonnie L $69,526
Closed Roberts Gwendolyn D $39,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2013 07/18/13 Sold $102,000 +1.0% $82 / Sq Ft
05/18/2013 05/18/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $101,000 0.0% $81 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
01/05/2013 01/05/13 For Sale $101,000 -- $81 / 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 $1,670 $125,041 $22,067 $102,974
2024 $1,670 $122,589 $21,634 $100,955
2023 $1,606 $120,185 $21,210 $98,975
2022 $1,581 $117,828 $20,794 $97,034
2021 $1,557 $115,517 $20,386 $95,131
2020 $1,539 $114,333 $20,177 $94,156
2019 $1,502 $112,091 $19,781 $92,310
2018 $1,499 $109,893 $19,393 $90,500
2017 $1,465 $107,738 $19,013 $88,725
2016 $1,419 $105,625 $18,640 $86,985
2015 $1,384 $104,038 $18,360 $85,678
2014 $1,370 $102,000 $18,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13001823

California Regional Multiple Listing Service (CRMLS)

APN: 0191-113-22