NOT LISTED FOR SALE

2321 S Magnolia Ave Unit 7E Ontario, CA 91762

Downtown Ontario Neighborhood

Estimated Value: $456,556 - $506,000

2 Beds
2.5 Baths
1,146 Sq Ft
$330/mo HOA Fee

Last Sold July 17, 2020

Last sale price $328,000 $286 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,172/month

33 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • Pool View
  • Two Primary Bedrooms
  • Open Floorplan
  • Granite Countertops

About This Home

As of July 2020

****BACK ON THE MARKET*****
Pack your bags and go!!! This stunning condominium in Magnolia Terrace is turn key! Situated near the pool with vinyl fencing throughout the complex.
Open floor plan offers a private patio off the main living area, perfect for entertaining. 2 bedrooms, each with its own bathroom. Newer wood laminate flooring throughout. Kitchen has been redone with beautiful countertops and newer stove and dishwasher. 2 car attached garage

Last Agent to Sell the Property

SUSAN SERGEANT

SparrowLily Realty, Inc License #01248097 Listed on: 05/22/2020

Last Buyer's Agent

SUSAN SERGEANT

SparrowLily Realty, Inc License #01248097 Listed on: 05/22/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • Two or More Common Walls
  • Vinyl Fence

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Turnkey

Interior Spaces

  • 1,146 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Family or Dining Combination
  • Laminate Flooring
  • Pool Views

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Pool

  • Spa

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Listing and Financial Details

  • Legal Lot and Block 1 / 38
  • Tax Tract Number 11544
  • Assessor Parcel Number 1015201440000

Community Details

Overview

  • 76 Units
  • Magnolia Terrace Association, Phone Number (909) 399-3103
  • Condominium Management Services HOA

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,828

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1015201440000
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1146.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 286.21
  • Room Type: All Bedrooms Up, Master Bathroom, Two Masters
  • Spa Features: Association, Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • View: Pool
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Terrace
  • Phone: 9093993103
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Condominium Management Services

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 76
  • Number Of Units Total: 76

Tax Info

  • Tax Block: 38
  • Tax Lot: 1
  • Tax Tract Number: 11544

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 26, 2020
Sold by
Vo Trieu
Bought by
Pelayo Jessy A
Seller's Agent
SUSAN SERGEANT
SparrowLily Realty, Inc
Buyer's Agent
SUSAN SERGEANT
SparrowLily Realty, Inc
List Price
$330,000
Sold Price
$328,000
Premium/Discount to List
-$2,000
-0.61%
Current Estimated Value
$479,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,639
Avg. Annual Appreciation
7.46%
Original Mortgage
$278,800
Outstanding Balance
$247,221
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$232,418

Purchase Details

Listed on
Dec 27, 2017
Closed on
Feb 22, 2018
Sold by
Myrdahl Carol
Bought by
Vo Trieu
Seller's Agent
Josephine Taylor
Better Homes and Gardens Real Estate The Heritage Group
Buyer's Agent
Josephine Taylor
Better Homes and Gardens Real Estate The Heritage Group
List Price
$287,500
Sold Price
$282,000
Premium/Discount to List
-$5,500
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$215,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2012
Sold by
Myrdahl Carol
Bought by
Myrdahl Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,820
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2006
Sold by
Lolmaugh Justin
Bought by
Lolmaugh Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 14, 2003
Sold by
Myrdahl Harold K
Bought by
Myrdahl Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2002
Sold by
Gaglio Ronald J
Bought by
Gaglio Ronald J and Gaglio Joanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2000
Sold by
Gaglio Ronald J
Bought by
Gaglio Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage
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
Pelayo Jessy A $328,000 Ticor Title
Vo Trieu $282,000 Chicago Title Company
Myrdahl Carol -- Priority Title Company
Lolmaugh Angela R -- First American Title Company
Myrdahl Carol -- First American Title Company
Myrdahl Carol -- American Title
Myrdahl Carol $146,000 American Title
Gaglio Ronald J -- New Century Title Company
Gaglio Ronald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelayo Jessy A $278,800
Previous Owner Vo Trieu $215,000
Previous Owner Myrdahl Carol $208,820
Previous Owner Myrdahl Carol $220,000
Previous Owner Myrdahl Carol $116,800
Previous Owner Gaglio Ronald J $102,000
Previous Owner Gaglio Ronald J $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2020 07/17/20 Sold $328,000 -0.6% $286 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $330,000 0.0% $288 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $330,000 +17.0% $288 / Sq Ft
03/28/2018 03/28/18 Sold $282,000 -0.9% $246 / Sq Ft View Prior Sale
02/18/2018 02/18/18 Pending -- -- --
01/22/2018 01/22/18 Price Changed $284,500 -1.0% $248 / Sq Ft
12/27/2017 12/27/17 For Sale $287,500 -- $251 / 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 $3,828 $355,038 $124,264 $230,774
2024 $3,828 $348,076 $121,827 $226,249
2023 $3,721 $341,251 $119,438 $221,813
2022 $3,672 $334,560 $117,096 $217,464
2021 $3,650 $328,000 $114,800 $213,200
2020 $3,243 $293,392 $102,687 $190,705
2019 $3,216 $287,640 $100,674 $186,966
2018 $1,788 $157,857 $54,168 $103,689
2017 $1,725 $154,762 $53,106 $101,656
2016 $1,657 $151,728 $52,065 $99,663
2015 $1,646 $149,449 $51,283 $98,166
2014 $1,596 $146,521 $50,278 $96,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20097200

California Regional Multiple Listing Service (CRMLS)

APN: 1015-201-44