NOT LISTED FOR SALE

17608 Mcwethy Dr Fontana, CA 92336

Estimated Value: $556,000 - $773,000

4 Beds
3 Baths
1,608 Sq Ft
$403/Sq Ft Est. Value

Last Sold January 03, 2017

Last sale price $350,000 $218 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,005/month

10 Days on Market

Highlights

  • 40,260 Sq Ft lot
  • No HOA
  • 1-Story Property
  • Property is near public transit
  • Rectangular Lot

About This Home

As of January 2017

Great opportunity to purchase a duplex with a 40,260 sq ft lot! Live in one house and rent the other! This Large parcel has lots of room to add on or build additional units (buyer to verify with city).

Last Agent to Sell the Property

Alex Matthes, CCIM

RE/MAX MASTERS REALTY License #01242994 Listed on: 09/19/2016

RE/MAX MASTERS REALTY

Last Buyer's Agent

Lester Garcia

Homesmart Realty Group License #01884689

Homesmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,060

Year Built

  • Built in 1947

Lot Details

  • 0.92 Acre Lot
  • No Common Walls
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Raised Foundation

Interior Spaces

  • 1,608 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Unassigned Parking

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 311
  • Assessor Parcel Number 0190311290000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $300
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,375
  • Operating Expense $5,875
  • Gross Income $25,800
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,060

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 0190311290000
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 217.66

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • 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: 0-1 Unit/Acre, Lot Over 40000 Sqft, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 40260.00

Multi Family

  • Gross Income: 25800.00
  • Gross Operating Income: 24510.00
  • Gross Scheduled Income: 25800.00
  • Net Operating Income: 20000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4500.00
  • Rent Control: No
  • Total Actual Rent: 25800.00
  • Total Expenses: 5875.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 4375.00
  • Tax Census Tract: 29.02
  • Tax Lot: 29
  • Tax Tract Number: 311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Dec 16, 2016
Sold by
Decasas Otoniel
Bought by
Moncada Cesar A Yanez and Venegas Jose E Corral
Seller's Agent
Alex Matthes, CCIM
RE/MAX MASTERS REALTY
Buyer's Agent
Lester Garcia
Homesmart Realty Group
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$647,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,228
Avg. Annual Appreciation
7.33%
Original Mortgage
$343,660
Outstanding Balance
$281,870
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$365,358

Purchase Details

Closed on
Jun 24, 2003
Sold by
Gomez Ralph
Bought by
Decasas Otoniel and Decasas Edelmira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2001
Sold by
Gomez Ralph A
Bought by
Gomez Ralph and Gomez Juana P

Purchase Details

Closed on
Oct 24, 1994
Sold by
Gomez Ralph A
Bought by
Gomez Ralph A and Gomez Juana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.9%
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
Moncada Cesar A Yanez -- Orange Coast Title Co Socal
Decasas Otoniel $199,000 Atc
Gomez Ralph -- --
Gomez Ralph A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moncada Cesar A Yanez $343,660
Previous Owner Decasas Otoniel $144,000
Previous Owner Gomez Ralph A $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2017 01/04/17 For Sale $350,000 0.0% $218 / Sq Ft
01/03/2017 01/03/17 Sold $350,000 0.0% $218 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $350,000 -- $218 / 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 $6,060 $406,204 $162,481 $243,723
2024 $6,060 $398,239 $159,295 $238,944
2023 $6,299 $390,431 $156,172 $234,259
2022 $5,979 $382,776 $153,110 $229,666
2021 $4,799 $375,271 $150,108 $225,163
2020 $4,760 $371,423 $148,569 $222,854
2019 $4,637 $364,140 $145,656 $218,484
2018 $4,661 $357,000 $142,800 $214,200
2017 $3,255 $231,540 $111,482 $120,058
2016 $3,160 $227,000 $109,296 $117,704
2015 $3,088 $223,590 $107,654 $115,936
2014 $3,063 $219,210 $105,545 $113,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16706157

California Regional Multiple Listing Service (CRMLS)

APN: 0190-311-29