NOT LISTED FOR SALE

Estimated Value: $533,000 - $726,000

3 Beds
2 Baths
1,280 Sq Ft
$485/Sq Ft Est. Value

Last Sold May 20, 2018

Last sale price $400,000 $312 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,643/month

44 Days on Market

Highlights

  • Lawn
  • 1-Story Property
  • 4-minute walk to Sam Alba Memorial Park
  • Laundry Room

About This Home

As of May 2018

BEAUTIFUL RECENTLY REMODELED TWO HOUSES ON ONE LOT IN THE HEART OF CITY OF ONTARIO...PROPERTIES DONT SHARE A COMMON WALL AND THEY ARE BOTH ON THEIR OWN ELECTRIC AND GAS METER, ONLY ONE WATER METER THAT IS SHARED BY BOTH PROPERTIES...PROPERTIES FEATURE NEW WINDOWS THROUGHOUT, PAINT, FLOORING...FRONT UNIT IS 2 BEDROOM AND 1 BATH AND BACK UNIT IS 1 BEDROOM AND 1 BATH...FRONT UNIT COULD RENT FOR $1,250.00 PER MONTH AND BACK UNIT FOR $925.00 PER MONTH...BOTH UNITS HAVE THEIR OWN SEPARATE ENTRANCES AND DRIVEWAYS...

Last Agent to Sell the Property

JOSE MAS

JOSE MAS, BROKER License #01324458 Listed on: 01/30/2018

Last Buyer's Agent

Patricia Fusilier

Coldwell Banker Envision License #01353834

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 7,200 Sq Ft Lot
  • No Common Walls
  • Lawn

Home Design

  • Duplex

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Sewer on Bond

Listing and Financial Details

  • Tenant pays for electricity, grounds care, gas
  • Tax Lot 9846
  • Tax Tract Number 4510
  • Assessor Parcel Number 1049253030000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,125
  • Operating Expense $9,025
  • Net Operating Income $26,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1049253030000
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 312.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Sewer On Bond
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 7200.00

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Gas

Multi Family

  • Gross Scheduled Income: 26100.00
  • Insurance Expense: 900.00
  • Net Operating Income: 26100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 9025.00

Tax Info

  • New Taxes Expense: 5125.00
  • Tax Census Tract: 16.00
  • Tax Lot: 9846
  • Tax Tract Number: 4510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2018
Sold by
Gomez Jose A
Bought by
Bautista Rosa H and Bautista Esther H
Current Estimated Value
$621,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 1998
Sold by
Alba Jose M and Alba Gloria
Bought by
Gomez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 24, 1998
Sold by
Gomez Lorena
Bought by
Gomez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 26, 1995
Sold by
Alba Jose M and Alba Gloria
Bought by
Alba Joe M and Alba Gloria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bautista Rosa H $400,000 Ticor Title Riverside
Gomez Jose A $95,000 First American Title Ins
Gomez Jose A -- --
Alba Joe M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bautista Rosa H $392,755
Previous Owner Gomez Jose A $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2018 05/20/18 Sold $400,000 -2.4% $313 / Sq Ft
01/30/2018 01/30/18 For Sale $409,999 -- $320 / 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 $5,006 $455,130 $159,295 $295,835
2024 $4,892 $446,206 $156,172 $290,034
2023 $4,755 $437,457 $153,110 $284,347
2022 $4,692 $428,880 $150,108 $278,772
2021 $4,663 $420,471 $147,165 $273,306
2020 $4,581 $416,160 $145,656 $270,504
2019 $4,542 $408,000 $142,800 $265,200
2018 $1,480 $130,894 $41,334 $89,560
2017 $1,427 $128,328 $40,524 $87,804
2016 $1,371 $125,811 $39,729 $86,082
2015 $1,362 $123,921 $39,132 $84,789
2014 $1,320 $121,493 $38,365 $83,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18022370

California Regional Multiple Listing Service (CRMLS)

APN: 1049-253-03