NOT LISTED FOR SALE

16770 Valley Blvd Fontana, CA 92335

Estimated Value: $936,768

8 Beds
4 Baths
3,630 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $780,000 $215 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,687/month

73 Days on Market

Highlights

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

About This Home

As of September 2021

We are proud to present this property for purchase. Perfect for an investor! (1) 1,155 SF Retail property with (3) Units (2) 875 SF & (1) 725 SF. This property is conveniently located off the I-10 and is located between Sierra Ave. and Juniper Ave. Located across the street from the Regency Theatre Shopping center and minutes away from Kaiser Permanente this location has a high traffic profile.

Last Agent to Sell the Property

Daniel Valenzuela

M G R REAL ESTATE License #01871441 Listed on: 04/08/2021

M G R REAL ESTATE

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,585

Year Built

  • Built in 1948

Lot Details

  • 0.29 Acre Lot
  • No Common Walls
  • Private Yard
  • Density is up to 1 Unit/Acre

Home Design

  • 3,630 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 728
  • Tax Tract Number 3301

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,100
  • Trash Expense $2,640
  • Water Sewer Expense $2,748
  • New Taxes Expense $9,938
  • Operating Expense $18,426
  • Gross Income $55,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,585

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2748.00
  • Property Type: Residential Income
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 214.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2640.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900
  • Latitude Manual: 34.07062300

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 875 Square Feet
  • Gross Income: 55440.00
  • Gross Scheduled Income: 55440.00
  • Insurance Expense: 3100.00
  • Lot Size Area: 12632.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Expenses: 18425.50

Tax Info

  • New Taxes Expense: 9937.50
  • Tax Lot: 728
  • Tax Tract Number: 003301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Sep 10, 2021
Sold by
Arthur Knight Denzle
Bought by
Knight Dale Alan
Seller's Agent
Daniel Valenzuela
M G R REAL ESTATE
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$795,000
Sold Price
$780,000
Premium/Discount to List
-$15,000
-1.89%
Current Estimated Value
$936,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,768
Avg. Annual Appreciation
4.60%

Purchase Details

Closed on
Jul 7, 2021
Sold by
Knight Dale Alan and Family Tr Of Denzle A Knight
Bought by
Flores Jose and Flores Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2010
Sold by
Knight Dale A and Knight Debra A
Bought by
Knight Dale Alan and Knight Debra Ann

Purchase Details

Closed on
Dec 3, 2009
Sold by
Knight Denzle A and Knight Juanita L
Bought by
Knight Denzle A and Knight Juanita L

Purchase Details

Closed on
Jan 28, 2002
Sold by
Knight Gary L and Knight Sandra R
Bought by
Knight Dale A and Knight Debra A

Purchase Details

Closed on
Dec 28, 1995
Sold by
Knight Dale A and Knight Debra A
Bought by
Knight Dale A and Knight Debra A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Knight Dale Alan -- --
Flores Jose $780,000 Orange Coast Title Company
Knight Dale Alan -- None Available
Knight Denzle A -- None Available
Knight Dale A -- Orange Coast Title
Knight Dale A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores Jose $546,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $780,000 -1.9% $215 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $795,000 -- $219 / 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 $8,585 $827,743 $146,447 $681,296
2024 $8,585 $811,512 $143,575 $667,937
2023 $8,363 $795,600 $140,760 $654,840
2022 $8,330 $780,000 $138,000 $642,000
2021 $3,394 $314,547 $178,466 $136,081
2020 $3,385 $311,322 $176,636 $134,686
2019 $3,282 $305,218 $173,173 $132,045
2018 $3,333 $299,233 $169,777 $129,456
2017 $3,314 $293,366 $166,448 $126,918
2016 $3,259 $287,613 $163,184 $124,429
2015 $3,217 $283,293 $160,733 $122,560
2014 $3,220 $277,743 $157,584 $120,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21062013

California Regional Multiple Listing Service (CRMLS)

APN: 0251-073-13