NOT LISTED FOR SALE

Estimated Value: $1,028,000 - $1,786,138

9 Beds
4 Baths
4,269 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $530,000 $124 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $7,656/month

65 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Laundry Room
  • Traditional Architecture
  • Cul-De-Sac
  • Landscaped

About This Home

As of April 2012

Property being sold "AS-IS". Very well maintained 4plex building in a great area of Ontario, conveniently located to the Ontario Airport, Ontario Mills, the 60 & 15 freeways and more! All units offer attached garages with hookups for full size washer and dryers. In addition, each unit includes a stove and dishwasher, central air & heat, and a patio or balcony. Building is fully occupied. Cul-de-sac location. New exterior paint, roll up garage doors, block walls.

Unit 1 had a new A/C & Heating system installed in December of 2011. Unit 1 also had a new dishwasher, stove and water heater installed in 2009.

Unit 2 had a new dishwasher installed in 2009.

Unit 4 had new carpet & vinyl installed August, 2011 and a new A/C & Heating system installed within the past 2 years.

Last Agent to Sell the Property

DARLENE MEDLIN

EMPIRE MANAGEMENT GROUP License #00666139 Listed on: 01/17/2012

Last Buyer's Agent

DARLENE MEDLIN

EMPIRE MANAGEMENT GROUP License #00666139 Listed on: 01/17/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 10,000 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped

Parking

  • 5 Car Garage
  • 1 Carport Space
  • Parking Available
  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Turnkey
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,269 Sq Ft Home
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0216411180000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Trash Expense $400
  • Water Sewer Expense $3,000
  • Gross Income $4,100
  • Net Operating Income $43,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

10,000 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: No
  • View: Yes
  • Water Sewer Expenses: 3000.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 0216411180000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 124.15
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Trash Expense: 400.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Cul-De-Sac, Landscaped
  • Lot Size Sq Ft: 10000.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1000
  • Average3 Bed Area: 1200
  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Lot Size Area: 10000.0000 Square Feet
  • Net Operating Income: 43140.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 3300.00
  • Rent Control: No
  • Total Actual Rent: 4100.00

Tax Info

  • Tax Tract Number: 00000
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2013
Sold by
Tang Hugh Johnson
Bought by
Tang Hugh J and Tang Jenny
Current Estimated Value
$1,365,035

Purchase Details

Closed on
Jun 26, 2012
Sold by
Tang Hugh Johnson
Bought by
Tang Hugh Johnson and Tang Jenny

Purchase Details

Listed on
Jan 17, 2012
Closed on
Mar 22, 2012
Sold by
Turner Gregory Alan
Bought by
Turner Gregory Alan
Seller's Agent
DARLENE MEDLIN
EMPIRE MANAGEMENT GROUP
Buyer's Agent
DARLENE MEDLIN
EMPIRE MANAGEMENT GROUP
List Price
$565,000
Sold Price
$530,000
Premium/Discount to List
-$35,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$290,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2012
Closed on
Feb 27, 2012
Sold by
Turner Gregory Alan
Bought by
Tang Hugh Johnson and Tang Jenny
Seller's Agent
DARLENE MEDLIN
EMPIRE MANAGEMENT GROUP
Buyer's Agent
DARLENE MEDLIN
EMPIRE MANAGEMENT GROUP
List Price
$565,000
Sold Price
$530,000
Premium/Discount to List
-$35,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2011
Sold by
Turner Gregory Alan
Bought by
Turner Gregory Alan and The Gregory Alan Turner Living

Purchase Details

Closed on
Sep 29, 2011
Sold by
Turner Gregory Alan
Bought by
Turner Gregory Alan

Purchase Details

Closed on
Jan 18, 2007
Sold by
Turner Diana E
Bought by
Turner Diana E and The Diana E Turner Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2004
Sold by
Turner Diana
Bought by
Turner Diana E and The Diana E Turner Living Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tang Hugh J -- Accommodation
Tang Hugh Johnson -- Accommodation
Turner Gregory Alan -- Lawyers Title
Tang Hugh Johnson $535,000 Lawyers Title
Turner Gregory Alan -- None Available
Turner Gregory Alan -- None Available
Turner Diana E -- Ticor Title Company
Turner Diana E -- Ticor Title Company
Turner Diana E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Hugh Johnson $290,000
Previous Owner Turner Diana E $238,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2012 04/20/12 Sold $530,000 -6.2% $124 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $565,000 -- $132 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,493 $671,991 $251,212 $420,779
2024 $7,326 $658,814 $246,286 $412,528
2023 $7,123 $645,896 $241,457 $404,439
2022 $7,031 $633,232 $236,723 $396,509
2021 $6,987 $620,815 $232,081 $388,734
2020 $6,866 $614,449 $229,701 $384,748
2019 $6,808 $602,401 $225,197 $377,204
2018 $6,716 $590,589 $220,781 $369,808
2017 $6,477 $579,009 $216,452 $362,557
2016 $6,225 $567,656 $212,208 $355,448
2015 $6,185 $559,129 $209,020 $350,109
2014 $5,997 $548,177 $204,926 $343,251
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12007328

California Regional Multiple Listing Service (CRMLS)

APN: 0216-411-18

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