NOT LISTED FOR SALE

16743 Holly Dr Fontana, CA 92335

Estimated Value: $508,000 - $766,000

4 Beds
3 Baths
1,848 Sq Ft
$337/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $400,000 $216 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,911/month

13 Days on Market

Highlights

  • 20,825 Sq Ft lot
  • Living Room
  • 1 Car Garage
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of July 2018

OPPORTUNITY IS KNOCKING!!! 2 HOUSES ON A HUGE 20,000+ SQ. FT. LOT, WITH POTENTIAL TO BUILD ADDITIONAL UNITS!! GREAT INVESTMENT PROPERTY. LIVE IN ONE HOME AND RENT THE OTHER. POSITIVE CASH FLOW! THESE ARE 2 INDIVIDUAL HOMES, EACH WITH ITS OWN FENCED YARD, COVERED PATIO, ITS OWN GARAGE WITH WASHER/DRYER HOOK-UPS AND NO SHARED WALLS. ONE HOME IS 2 BD/2 BA AND THE OTHER IS 2 BD/ 1 BA. PROPERTY HAS PLENTY OF OPEN PARKING AND A SECURITY ENTRY GATE. SELLER WILL PAINT EXTERIOR OF BOTH UNITS. DON'T MISS OUT ON THIS AMAZING INVESTMENT OPPORTUNITY.

Last Agent to Sell the Property

David Delgado

Expert Realty License #01385731 Listed on: 05/02/2018

Last Buyer's Agent

David Delgado

Expert Realty License #01385731 Listed on: 05/02/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,194

Year Built

  • Built in 1963

Lot Details

  • 0.48 Acre Lot
  • No Common Walls

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Legal Lot and Block 705 / L
  • Assessor Parcel Number 0193242160000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Other Expense $3,651
  • Trash Expense $336
  • Operating Expense $3,987
  • Gross Income $27,600
  • Net Operating Income $27,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,194

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 0193242160000
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 216.45
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 336.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20825.00

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 27600.00
  • Gross Scheduled Income: 27600.00
  • Net Operating Income: 27264.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 336.00
  • Other Expense: 3651.00
  • Other Expense Description: Tax/Asse
  • Rent Control: No
  • Total Expenses: 3987.00

Tax Info

  • Tax Area: 10182
  • Tax Block: L
  • Tax Lot: 705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 7, 2018
Sold by
Rufael Techan W
Bought by
Gichuru Stephen
Seller's Agent
David Delgado
Expert Realty
Buyer's Agent
David Delgado
Expert Realty
List Price
$379,900
Sold Price
$400,000
Premium/Discount to List
$20,100
5.29%
Current Estimated Value
$623,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,152
Avg. Annual Appreciation
6.15%
Original Mortgage
$280,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2009
Sold by
Rufael Techan W
Bought by
Rufael Techan W

Purchase Details

Closed on
May 1, 2001
Sold by
Burk Ruth Ann
Bought by
Burk Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,787
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Gichuru Stephen $400,000 Lawyers Title
Rufael Techan W -- Northern Counties Title Ins
Burk Ruth Ann -- Northern Counties Title
Luckman Jerry $157,000 Northern Counties Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gichuru Stephen $272,000
Closed Gichuru Stephen $280,000
Previous Owner Luckman Jerry $289,000
Previous Owner Luckman Jerry $246,600
Previous Owner Luckman Jerry $171,000
Previous Owner Luckman Jerry $154,700
Previous Owner Luckman Jerry $154,787
Previous Owner Burk Ruth Ann $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $400,000 +5.3% $216 / Sq Ft
05/02/2018 05/02/18 For Sale $379,900 -- $206 / 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 $6,194 $446,210 $178,484 $267,726
2024 $6,194 $437,460 $174,984 $262,476
2023 $5,153 $428,882 $171,553 $257,329
2022 $5,110 $420,472 $168,189 $252,283
2021 $5,042 $412,227 $164,891 $247,336
2020 $5,042 $408,000 $163,200 $244,800
2019 $4,876 $400,000 $160,000 $240,000
2018 $3,969 $213,453 $62,376 $151,077
2017 $2,872 $209,268 $61,153 $148,115
2016 $2,790 $205,165 $59,954 $145,211
2015 $2,733 $202,083 $59,053 $143,030
2014 $2,823 $198,124 $57,896 $140,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18102151

California Regional Multiple Listing Service (CRMLS)

APN: 0193-242-16