Seller's Agent in 2024
John Hess
SHEAR REALTY
(760) 243-3803
4 in this area
113 Total Sales
219 E Park St Ontario, CA 91761
Downtown Ontario NeighborhoodEstimated Value: $702,997 - $803,000
3
Beds
3
Baths
1,920
Sq Ft
$394/Sq Ft
Est. Value
Highlights
- Gated Parking
- Galley Kitchen
- Living Room
- No HOA
- Ductless Heating Or Cooling System
- 3-minute walk to Sam Alba Memorial Park
About This Home
As of January 2024This is an excellent investment opportunity for investors or those who want to become a homeowner, live in one unit, and have revenue from the others. This property has three separate units and is located in the city of Ontario. Unit 219 E Park. has just over 900 sq. ft. of living space and includes two bedrooms and 1.5 baths. A good-sized living area. A kitchen with plenty of cabinetry and countertop space, a breakfast bar, and a nook. Other features are a shaded back patio, indoor laundry, parking, and a fence in the front yard.
Units 221 and 223 E Park are just over 500 Sq. Sq. feet and has one bedroom, one bath, a kitchen, an eating area, and a comfortable living area. Included with both units is private parking. All units have long-term tenants and are on a month-to-month schedule. The property offers a high potential revenue stream growth: See Pro Forma for growth potential. The property is close to all amenities, schools, parks, shopping, and public transportation.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 7,200 Sq Ft Lot
- No Common Walls
- Chain Link Fence
- Landscaped
- Back and Front Yard
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,920 Sq Ft Home
- 1-Story Property
- Entryway
- Living Room
- Galley Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- Parking Available
- Driveway Level
- Gated Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone, water
- Legal Lot and Block 21 / 77
- Tax Tract Number 243
- Assessor Parcel Number 1049243090000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Recreation
- Park
- Bike Trail
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $2,109
- Trash Expense $1,433
- Water Sewer Expense $359
- Operating Expense $7,100
- Net Operating Income $33,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2023
Closed on
Dec 21, 2023
Sold by
Fredrick L And Jean Valdez Family Trust
Bought by
Hernandez Salvador and Hernandez Monica
Seller's Agent
John Hess
SHEAR REALTY
Buyer's Agent
JESSE GOGO
DYNASTY REAL ESTATE
List Price
$675,000
Sold Price
$675,000
Views
58
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
$81,249
Avg. Annual Appreciation
6.00%
Original Mortgage
$641,250
Outstanding Balance
$629,610
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$126,639
Purchase Details
Closed on
Apr 10, 2001
Sold by
Valdez Jean
Bought by
Valdez Fredrick L and Valdez Jean
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 |
|---|---|---|---|
| Hernandez Salvador | $675,000 | Ticor Title | |
| Valdez Fredrick L | -- | -- | |
| Valdez Jean | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Salvador | $641,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2024 01/23/24 | Sold | $675,000 | 0.0% | $352 / Sq Ft |
| 12/01/2023 12/01/23 | Pending | -- | -- | -- |
| 12/01/2023 12/01/23 | For Sale | $675,000 | -- | $352 / 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 | $7,396 | $688,500 | $204,000 | $484,500 |
| 2024 | $7,396 | $675,000 | $200,000 | $475,000 |
| 2023 | $531 | $46,295 | $8,293 | $38,002 |
| 2022 | $524 | $45,387 | $8,130 | $37,257 |
| 2021 | $520 | $44,497 | $7,971 | $36,526 |
| 2020 | $511 | $44,040 | $7,889 | $36,151 |
| 2019 | $507 | $43,176 | $7,734 | $35,442 |
| 2018 | $500 | $42,329 | $7,582 | $34,747 |
| 2017 | $482 | $41,499 | $7,433 | $34,066 |
| 2016 | $464 | $40,685 | $7,287 | $33,398 |
| 2015 | $461 | $40,074 | $7,178 | $32,896 |
| 2014 | $446 | $39,289 | $7,037 | $32,252 |
Source: Public Records
Agents Affiliated with this Home
-
John Hess
-
JESSE GOGO
Buyer's Agent in 2024
JESSE GOGO
DYNASTY REAL ESTATE
(909) 533-0099
1 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV23219435
APN: 1049-243-09
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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