NOT LISTED FOR SALE

2962 E Penny Ln Ontario, CA 91761

Ontario Ranch Neighborhood

Estimated Value: $903,000 - $1,006,000

4 Beds
3.5 Baths
2,746 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $740,000 $269 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,260/month

26 Days on Market

Highlights

  • Multi-Level Bedroom
  • Main Floor Bedroom
  • Home Office
  • Recreation Room
  • Great Room
  • Walk-In Pantry

About This Home

As of July 2021

This brand new Spanish style home is south north facing with upgraded luxury vinyl flooring and tiles. Entering the front door is a meeting room, a dinning room, a downstair bedroom suite, a huge walk-in closet, an open kitchen, 3 car garages. This home has newest warranty from 2021 and has a low HOA. It is centrally located near shopping centers, restaurants and freeways. This amazing home is a must see! Ready to move in!

Last Agent to Sell the Property

Wenyue Wu

Sia Home, Inc. License #02085917 Listed on: 06/04/2021

Last Buyer's Agent

Wei Xin

Pinnacle Real Estate Group License #01926743

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,641

Year Built

  • Built in 2021

Lot Details

  • 5,000 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $126 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,746 Sq Ft Home
  • Entrance Foyer
  • Great Room
  • Family Room
  • Home Office
  • Recreation Room
  • Loft
  • Bonus Room

Kitchen

  • Galley Kitchen
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 0082
  • Tax Tract Number 20012
  • Assessor Parcel Number 0218413110000

Community Details

Recreation

  • Community Playground
  • Dog Park

Additional Features

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,641

Year Built

Built in 2021

Lot Details

0

HOA Fees

$126 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0218413110000
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2746.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 269.48
  • Room Type: Bonus Room, Den, Entry, Family Room, Foyer, Galley Kitchen, Great Room, Kitchen, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Multi-Level Bedroom, Office, Recreation, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground
  • Association Fee: 126.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Dog Park

Schools

  • School District: Chaffey Joint Union High

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 0082
  • Tax Tract Number: 20012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 20, 2021
Sold by
Hung Kuo Yao
Bought by
Lu Zheping and Zhu Yingyun
Seller's Agent
Wenyue Wu
Sia Home, Inc.
Buyer's Agent
Wei Xin
Pinnacle Real Estate Group
List Price
$738,880
Sold Price
$740,000
Premium/Discount to List
$1,120
0.15%
Current Estimated Value
$927,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,898
Avg. Annual Appreciation
5.63%
Original Mortgage
$444,000
Outstanding Balance
$405,820
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$517,868

Purchase Details

Closed on
Apr 20, 2021
Sold by
Lennar Homes Of California Inc
Bought by
Hung Kuo Yao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,255
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Lu Zheping $740,000 Fidelity Natl Ttl Orange Cnt
Hung Kuo Yao $614,500 Lennar Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Zheping $444,000
Previous Owner Hung Kuo Yao $399,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $740,000 +0.2% $269 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $738,880 -- $269 / 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 $12,641 $785,294 $275,914 $509,380
2024 $12,641 $769,896 $270,504 $499,392
2023 $12,235 $754,800 $265,200 $489,600
2022 $12,122 $740,000 $260,000 $480,000
2021 $5,737 $111,951 $111,951 $0
2020 $5,793 $110,803 $110,803 $0
2019 $1,220 $108,630 $108,630 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    Wenyue Wu

    Sia Home, Inc.

    (909) 860-9002

    2 in this area

    41 Total Sales

    Section Image

  • W

    Buyer's Agent in 2021

    Wei Xin

    Pinnacle Real Estate Group

    (626) 999-5050

    2 in this area

    52 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21119943

California Regional Multiple Listing Service (CRMLS)

APN: 0218-413-11

California San Bernardino County Ontario 91761 Ontario Ranch

2962 E Penny Ln, Ontario, CA

This home is located at 2962 E Penny Ln, Ontario, CA 91761 since 04 June 2021 and is currently estimated at $948,179, approximately $345 per square foot. This property was built in 2021. 2962 E Penny Ln is a home located in San Bernardino County with nearby schools including Ranch View Elementary School, Grace Yokley Middle School, and Colony High.

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California Regional Multiple Listing Service (CRMLS) 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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