NOT LISTED FOR SALE

16775 Paine St Fontana, CA 92336

Estimated Value: $817,360 - $1,077,000

8 Beds
4 Baths
3,808 Sq Ft
$261/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $740,000 $194 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,128/month

125 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Front Yard
  • Accessible Parking
  • Central Heating and Cooling System

About This Home

As of November 2022

This magnificent quadruplex, in an excellent location in the heart of downtown Fontana, is an excellent opportunity for investors or first-time home buyers, it was built in 1985 and offers a total of 3,808 Sqft. living spaces on a 10,230 Sqft lot, 2 good-sized bedrooms and 1 bathroom in each unit, 8 parking spaces, central air conditioning, well-maintained landscaping, separate gas/electric meters, and close to shopping, transportation, and restaurants.

Last Agent to Sell the Property

Luida Carrillo

Park Regency Realty License #01936864 Listed on: 07/14/2022

Park Regency Realty

Last Buyer's Agent

Luida Carrillo

Park Regency Realty License #01936864 Listed on: 07/14/2022

Park Regency Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,107

Year Built

  • Built in 1985

Lot Details

  • 10,230 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,808 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 25
  • Tax Tract Number 1852
  • Assessor Parcel Number 0190162150000
  • $1,713 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,200
  • Trash Expense $1,584
  • Water Sewer Expense $4,680
  • Operating Expense $7,428
  • Gross Income $60,360
  • Net Operating Income $52,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,107

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Stove
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 4680.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0190162150000
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 194.33

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1584.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 10230.00
  • Lot Size Acres: 0.2348

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 60360.00
  • Gross Operating Income: 52880.00
  • Gross Scheduled Income: 60360.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 10230.0000 Square Feet
  • Net Operating Income: 52880.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 7480.00
  • Rent Control: No
  • Total Actual Rent: 5030.00
  • Total Expenses: 7428.00

Tax Info

  • Tax Census Tract: 28.01
  • Tax Lot: 25
  • Tax Tract Number: 1852
  • TaxOtherAnnualAssessmentAmount: 1713.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2024
Sold by
Manzano Jose M and Manzano Rosa
Bought by
Manzano Family Living Trust and Manzano
Current Estimated Value
$993,840

Purchase Details

Closed on
Jul 12, 2023
Sold by
Manzano Jose M
Bought by
Manzano Jose M and Manzano Rosa

Purchase Details

Listed on
Jul 14, 2022
Closed on
Nov 29, 2022
Sold by
Manzano Rosa
Bought by
Manzano Jose M
Seller's Agent
Luida Carrillo
Park Regency Realty
Buyer's Agent
Luida Carrillo
Park Regency Realty
List Price
$970,000
Sold Price
$740,000
Premium/Discount to List
-$230,000
-23.71%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%

Purchase Details

Listed on
Jul 14, 2022
Closed on
Nov 17, 2022
Sold by
Quijada Jose R
Bought by
Manzano Jose M
Seller's Agent
Luida Carrillo
Park Regency Realty
Buyer's Agent
Luida Carrillo
Park Regency Realty
List Price
$970,000
Sold Price
$740,000
Premium/Discount to List
-$230,000
-23.71%
Views
11

Purchase Details

Closed on
Oct 22, 2004
Sold by
Hyde Lance
Bought by
Quijada Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2004
Sold by
Gomez Hilda L
Bought by
Quijada Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2002
Sold by
Rogers Lina
Bought by
Hyde Lance E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
6.28%
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
Manzano Family Living Trust -- None Listed On Document
Manzano Jose M -- Lawyers Title
Manzano Jose M -- Lawyers Title
Manzano Jose M $740,000 --
Quijada Jose R $520,000 Old Republic Title Company
Quijada Jose R -- Old Republic Title Company
Hyde Lance E $235,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quijada Jose R $390,000
Previous Owner Hyde Lance E $164,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $740,000 -23.7% $194 / Sq Ft
07/14/2022 07/14/22 For Sale $970,000 -- $255 / 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 $11,107 $769,896 $208,080 $561,816
2024 $11,107 $754,800 $204,000 $550,800
2023 $9,058 $740,000 $200,000 $540,000
2022 $8,523 $683,031 $131,352 $551,679
2021 $8,410 $669,638 $128,776 $540,862
2020 $8,413 $662,772 $127,456 $535,316
2019 $8,132 $649,777 $124,957 $524,820
2018 $7,823 $568,800 $142,200 $426,600
2017 $7,532 $529,100 $132,300 $396,800
2016 $6,245 $460,000 $115,000 $345,000
2015 $6,309 $400,000 $100,000 $300,000
2014 $5,462 $400,000 $100,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22155091

California Regional Multiple Listing Service (CRMLS)

APN: 0190-162-15