NOT LISTED FOR SALE

207 E Maitland Street Units A and B Ontario, CA 91761

Downtown Ontario Neighborhood

Estimated Value: $891,000 - $1,726,000

8 Beds
6 Baths
4,000 Sq Ft
$316/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $970,000 $242 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $8,121/month

33 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • 1-Story Property

About This Home

As of August 2018

Charming, sumptuous, and spacious duplex in Ontario, California. Great investment property! THERE ARE TWO HOUSES ON ONE PARCEL LOT. BOTH UNITS ARE SOLD FOR $970,000. Newly Remodeled Unit A and newly constructed Unit B, two separate single family units. Both units have 4 bed and 3 baths and large living areas, excellent cash flow. Both units are bright, airy, and spacious that features a two car garage for each. It's perfect for your family! Having a choice of moving in one house and rent the second one to pay off the mortgage. It's the perfect investment opportunity! So don't wait. Duplex in Ontario, this is a rare opportunity for rental income in a market with a severe shortage of rentals! Convenient location close to downtown, Both yards are fenced with privacy fencing and two separate driveways. Note: Unit A is already rented for $2300 per month and UNIT B will rent for $3000 per month. MSUT SEE. Don't Miss out on this rare opportunity, it will sell fast.

Last Agent to Sell the Property

Tim Chaudhry

Together Realty License #01502984 Listed on: 05/28/2018

Last Buyer's Agent

Deibys Herrera

KW Vision License #00929718

KW Vision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,599

Year Built

  • Built in 2018

Lot Details

  • 0.3 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, grounds care, gas, trash collection, water
  • Tax Lot 13
  • Tax Tract Number 3944
  • Assessor Parcel Number 1049344200000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $300
  • Insurance Expense $850
  • Trash Expense $260
  • Water Sewer Expense $240
  • New Taxes Expense $9,850
  • Operating Expense $11,500
  • Gross Income $63,200
  • Net Operating Income $52,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,599

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.37
  • Other Phone Description: Chad
  • Other Phone Number: 714-363-7446
  • Property Attached: Yes
  • Water Sewer Expenses: 240.00
  • Property Type: Residential Income
  • Parcel Number: 1049344200000
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 242.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 260.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 12960.00

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Grounds Care, Gas, Trash Collection, Water

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 63200.00
  • Gross Scheduled Income: 63200.00
  • Insurance Expense: 850.00
  • Net Operating Income: 52100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 11500.00
  • Rent Control: No
  • Total Expenses: 11500.00

Tax Info

  • New Taxes Expense: 9850.00
  • Tax Census Tract: 18.13
  • Tax Lot: 13
  • Tax Tract Number: 3944

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2021
Sold by
Sharp Darlene Margaret and Sharp Joel Patrick
Bought by
Sharp Joel Patrick and Sharp Darlene Margaret
Current Estimated Value
$1,312,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2019
Sold by
Sharp Darlene M
Bought by
Sharp Joel Patrick and Sharp Margaret Dariene

Purchase Details

Listed on
May 28, 2018
Closed on
Jul 9, 2018
Sold by
Sharp Joel Patrick
Bought by
Sharp Darlene M
Seller's Agent
Tim Chaudhry
Together Realty
Buyer's Agent
Deibys Herrera
KW Vision
List Price
$970,000
Sold Price
$970,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$497,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2018
Closed on
Jul 3, 2018
Sold by
Wawi Amgad
Bought by
Sharp Darlene M
Seller's Agent
Tim Chaudhry
Together Realty
Buyer's Agent
Deibys Herrera
KW Vision
List Price
$970,000
Sold Price
$970,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2015
Sold by
Matin Ahmad Javid
Bought by
Wawi Amgad

Purchase Details

Closed on
Nov 8, 2014
Sold by
Azadzoy Shaima
Bought by
Matin Ahmad Javid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2014
Sold by
Nash Inez
Bought by
Wawi Amgad and Matin Ahmad Javid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2014
Sold by
Nash Athur L
Bought by
Nash Inez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2013
Sold by
Nash Inez
Bought by
Nash Inez

Purchase Details

Closed on
Jul 31, 1996
Sold by
Bratton Willa Frances
Bought by
Bratton Willa Frances and Willa Frances Bratton Family T

Purchase Details

Closed on
Dec 29, 1994
Sold by
Bratton Willa F
Bought by
Bratton Willa Frances and Willa Frances Bratton Family T
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
Sharp Joel Patrick -- Amrock Inc
Sharp Darlene Margaret -- None Listed On Document
Sharp Joel Patrick -- None Available
Sharp Darlene M -- North American Title Company
Sharp Darlene M $970,000 North American Title Company
Wawi Amgad -- None Available
Matin Ahmad Javid -- Lawyers Title Company
Wawi Amgad $287,500 Lawyers Title Company
Nash Inez -- Lawyers Title
Nash Inez -- None Available
Bratton Willa Frances -- --
Bratton Willa Frances -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharp Darlene Margaret $498,000
Previous Owner Sharp Darlene M $497,750
Previous Owner Wawi Amgad $255,000
Previous Owner Wawi Amgad $200,000
Previous Owner Wawi Amgad $257,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $970,000 -0.8% $243 / Sq Ft
07/05/2018 07/05/18 Price Changed $978,000 +0.8% $245 / Sq Ft
05/28/2018 05/28/18 For Sale $970,000 -- $243 / 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 $11,599 $1,082,054 $378,720 $703,334
2024 $11,599 $1,060,837 $371,294 $689,543
2023 $11,273 $1,040,037 $364,014 $676,023
2022 $11,124 $1,019,644 $356,876 $662,768
2021 $11,056 $999,651 $349,878 $649,773
2020 $10,862 $989,400 $346,290 $643,110
2019 $10,768 $970,000 $339,500 $630,500
2018 $3,328 $303,677 $106,287 $197,390
2017 $3,207 $297,723 $104,203 $193,520
2016 $3,154 $291,885 $102,160 $189,725
2015 $3,421 $287,500 $100,625 $186,875
2014 -- $180,817 $65,295 $115,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18139760

California Regional Multiple Listing Service (CRMLS)

APN: 1049-344-20