Seller's Agent in 2019
Dan Tan
TANDEM REAL ESTATE. INC.
(626) 261-1838
12 Total Sales
1850 S Magnolia Ave Ontario, CA 91762
Downtown Ontario NeighborhoodEstimated Value: $1,057,000 - $1,710,000
2
Beds
1.5
Baths
1,426
Sq Ft
$945/Sq Ft
Est. Value
Highlights
- Parking available for a boat
- 1.19 Acre Lot
- Attic
- Peek-A-Boo Views
- Wood Flooring
- No HOA
About This Home
As of November 2019Great location. 2 bed 2 bath ranch house sitting on 1.19 acres of flat land that is open to limitless possibilities. (Check supplement for possible use and verify with City)You can own your own farm, raise horses and chickens, grow your own vegetables or build your family compounds; ADU allowed. If you’re not into agriculture, there’s plenty of space for RVs, boat parking, and other big toys. The house will need some updating but there is tons of untapped potential in the value of the land.
Last Agent to Sell the Property
TANDEM REAL ESTATE. INC. License #01351474 Listed on: 07/01/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,653
Year Built
- Built in 1949
Lot Details
- 1.19 Acre Lot
- Density is up to 1 Unit/Acre
- Property is zoned AR
Parking
- 2 Car Garage
- Converted Garage
- Parking Available
- Auto Driveway Gate
- Driveway
- Parking available for a boat
- RV Potential
Home Design
- Fixer Upper
- Concrete Perimeter Foundation
Interior Spaces
- 1,426 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Den
- Wood Flooring
- Peek-A-Boo Views
- Country Kitchen
- Attic
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- Bathtub
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Schools
- Vista Grande Elementary School
- Oak Middle School
- Ontario High School
Utilities
- Wall Furnace
- Phone System
Additional Features
- Exterior Lighting
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 37
- Assessor Parcel Number 1014441140000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2019
Closed on
Nov 1, 2019
Sold by
Hung Teng Shun and Hung Chang Wei
Bought by
Tapia Rosalio
Seller's Agent
Dan Tan
TANDEM REAL ESTATE. INC.
Buyer's Agent
Mohamad Lababidi
EXP REALTY OF CALIFORNIA INC
List Price
$650,000
Sold Price
$590,000
Premium/Discount to List
-$60,000
-9.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,027
Avg. Annual Appreciation
14.95%
Original Mortgage
$484,350
Outstanding Balance
$425,250
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$922,892
Purchase Details
Closed on
Jul 29, 2008
Sold by
Proview Llc
Bought by
Wei Hung Teng Shun and Wei Hung Chang
Purchase Details
Closed on
Nov 7, 2006
Sold by
Wei Hung Teng Shun and Wei Hung Chang
Bought by
Proview Llc
Purchase Details
Closed on
Oct 10, 2006
Sold by
Proview Llc
Bought by
Wei Hung Teng Shun and Wei Hung Chang
Purchase Details
Closed on
Feb 27, 2006
Sold by
Wei Hung Teng Shun and Wei Hung Chang
Bought by
Proview Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 24, 2006
Sold by
Otaky Michel Nahim and Otaky Samia Seman
Bought by
Wei Hung Teng Shun and Wei Hung Chang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 13, 2003
Sold by
Scomazzon Aldo
Bought by
Otaky Michel Nahim and Otaky Samia Seman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 10, 2001
Sold by
Scomazzon Aldo and Scomazzon Marguerite
Bought by
Scomazzon Aldo
Purchase Details
Closed on
Aug 4, 1998
Sold by
Scomazzon Aldo and Scomazzon Marguerite
Bought by
Scomazzon Aldo and Scomazzon Marguerite
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Interest Rate
7.17%
Purchase Details
Closed on
Jun 18, 1998
Sold by
Scomazzon Aldo and Scomazzon Marguerite
Bought by
Scomazzon Aldo and Scomazzon Marguerite
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Interest Rate
7.17%
Purchase Details
Closed on
Nov 29, 1996
Sold by
Scomazzon Aldo and Scomazzon Marguerite
Bought by
Scomazzon Aldo and Scomazzon Marguerite
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tapia Rosalio | $590,000 | Stewart Title | |
| Wei Hung Teng Shun | -- | None Available | |
| Proview Llc | -- | Ticor Title Company | |
| Wei Hung Teng Shun | -- | Ticor Title Company | |
| Proview Llc | -- | Accommodation | |
| Wei Hung Teng Shun | $698,000 | United Title Company | |
| Otaky Michel Nahim | $330,000 | Investors Title | |
| Scomazzon Aldo | -- | -- | |
| Scomazzon Aldo | -- | -- | |
| Scomazzon Aldo | -- | Chicago Title Co | |
| Scomazzon Aldo | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tapia Rosalio | $484,350 | |
| Previous Owner | Wei Hung Teng Shun | $350,000 | |
| Previous Owner | Otaky Michel Nahim | $210,000 | |
| Previous Owner | Scomazzon Aldo | $174,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2019 11/25/19 | Sold | $590,000 | -9.2% | $414 / Sq Ft |
| 07/01/2019 07/01/19 | For Sale | $650,000 | -- | $456 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,653 | $589,665 | $224,197 | $365,468 |
| 2024 | $5,653 | $515,162 | $219,801 | $295,361 |
| 2023 | $2,419 | $220,747 | $215,491 | $5,256 |
| 2022 | $2,388 | $216,419 | $211,266 | $5,153 |
| 2021 | $2,372 | $212,176 | $207,124 | $5,052 |
| 2020 | $6,495 | $590,000 | $205,000 | $385,000 |
| 2019 | $6,170 | $554,117 | $193,941 | $360,176 |
| 2018 | $6,085 | $543,252 | $190,138 | $353,114 |
| 2017 | $5,867 | $532,600 | $186,410 | $346,190 |
| 2016 | $5,384 | $498,800 | $174,300 | $324,500 |
| 2015 | $5,172 | $475,000 | $166,000 | $309,000 |
| 2014 | $5,112 | $475,000 | $166,000 | $309,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Tan
-
JULIE TAN
Seller Co-Listing Agent in 2019
JULIE TAN
TANDEM REAL ESTATE. INC.
(626) 261-1882
8 Total Sales
-
Mohamad Lababidi
Buyer's Agent in 2019
Mohamad Lababidi
EXP REALTY OF CALIFORNIA INC
(909) 674-4209
2 in this area
72 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV19155266
APN: 1014-441-14
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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