NOT LISTED FOR SALE

2321 S Magnolia Ave Unit 9D Ontario, CA 91762

Downtown Ontario Neighborhood

Estimated Value: $459,000 - $496,736

2 Beds
2.5 Baths
1,146 Sq Ft
$347/mo HOA Fee

Last Sold January 18, 2022

Last sale price $408,000 $356 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,408/month

3 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • 2 Car Direct Access Garage
  • No Units Above
  • Neighborhood Views
  • Patio

About This Home

As of January 2022

Look no further! This condominium is the perfect starter home in the well maintained community of Magnolia Terrace. Living room has direct access to the enclosed patio, great for entertaining with privacy and very low maintenance. You also get direct access to your 2 car garage with your laundry hook-ups. Property features 2 primary bedrooms each with their own bathroom. The community offers a pool/spa and lots of green areas. Convenient to nearby schools, shopping, and the 60 freeway for easy commuting.

Last Agent to Sell the Property

MECHELL KNIGHT

REALTY ONE GROUP WEST License #01990637 Listed on: 11/26/2021

REALTY ONE GROUP WEST

Last Buyer's Agent

Gene Scott

Vista Pacific Realty License #01318595

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,662

Year Built

  • Built in 1983

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Vinyl Fence

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,146 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Neighborhood Views

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 2 / 48
  • Tax Tract Number 11544
  • Assessor Parcel Number 1015201540000
  • $120 per year additional tax assessments

Community Details

Overview

  • 75 Units
  • Magnolia Terrace Association, Phone Number (909) 399-3103
  • Cms Management Co HOA
  • Foothills

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,662

Year Built

Built in 1983

Lot Details

0

HOA Fees

$347 per month

Parking

2

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Inclusions: Stove, Dishwasher, Microwave, Washing Machine, and Dryer
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1015201540000
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1146.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 356.02
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Two Masters
  • Spa Features: Association, Community, In Ground

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Microwave
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 347.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Terrace
  • Phone: 909.399.3103
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Foothills
  • Association Management: CMS Management Co

Schools

  • School District: Chaffey Joint Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1146.00
  • Lot Size Acres: 0.0263

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1146.0000 Square Feet
  • Number Of Units In Community: 75
  • Number Of Units Total: 4

Tax Info

  • Tax Block: 48
  • Tax Census Tract: 6.03
  • Tax Lot: 2
  • Tax Tract Number: 11544
  • TaxOtherAnnualAssessmentAmount: 120.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2021
Closed on
Dec 20, 2021
Sold by
Heins Family Living Trust
Bought by
Mclaughlin Jordan David and Ramirez Ashley Nycole
Seller's Agent
MECHELL KNIGHT
REALTY ONE GROUP WEST
Buyer's Agent
Gene Scott
Vista Pacific Realty
List Price
$399,900
Sold Price
$408,000
Premium/Discount to List
$8,100
2.03%
Current Estimated Value
$488,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,072
Avg. Annual Appreciation
5.21%
Original Mortgage
$387,600
Outstanding Balance
$358,409
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$130,496

Purchase Details

Closed on
Jul 2, 2008
Sold by
Heins Les
Bought by
Heins Leslie J and Heins Pamela D

Purchase Details

Closed on
Apr 28, 2000
Sold by
Heins Les
Bought by
Heins Les

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,950
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 1998
Sold by
Bankers Trust Company Of California Na
Bought by
Heins Les

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,100
Interest Rate
6.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 16, 1996
Sold by
Gamble Peggy
Bought by
Bankers Trust Company Of California Na and Rtc Mtg Pass Through Certificates Series
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
Mclaughlin Jordan David $408,000 Stewart Title
Heins Leslie J -- None Available
Heins Les -- United Title
Heins Les -- United Title Company
Heins Les $65,000 First American Title Ins Co
Bankers Trust Company Of California Na $79,213 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Jordan David $387,600
Previous Owner Heins Les $53,950
Previous Owner Heins Les $47,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $408,000 +2.0% $356 / Sq Ft
11/30/2021 11/30/21 For Sale $399,900 -2.0% $349 / Sq Ft
11/29/2021 11/29/21 Off Market $408,000 -- --
11/29/2021 11/29/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $399,900 -- $349 / 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 $4,662 $432,973 $127,345 $305,628
2024 $4,662 $424,483 $124,848 $299,635
2023 $4,531 $416,160 $122,400 $293,760
2022 $1,095 $97,805 $24,524 $73,281
2021 $1,087 $95,887 $24,043 $71,844
2020 $1,069 $94,903 $23,796 $71,107
2019 $1,060 $93,042 $23,329 $69,713
2018 $1,046 $91,218 $22,872 $68,346
2017 $1,009 $89,430 $22,424 $67,006
2016 $970 $87,676 $21,984 $65,692
2015 $963 $86,359 $21,654 $64,705
2014 $934 $84,668 $21,230 $63,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21255338

California Regional Multiple Listing Service (CRMLS)

APN: 1015-201-54