NOT LISTED FOR SALE

Estimated Value: $763,000 - $1,145,704

4 Beds
3 Baths
2,400 Sq Ft
$418/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $375,000 $156 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $5,680/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Wood Siding
  • No Heating

About This Home

As of March 2013

It's all about LOCATION, LOCATION, LOCATION! Three separate houses make this property an ideal investment opportunity. Located in one of Ontario's finest areas and it is set among many single family homes so tenats will love this quiet setting and will stay forver. The front unit is a large 2 bedroom / 1 bath house with a fireplace, fenced yard, laundry area and hardwood floors. The middle unit is a cozy 1 bedroom / 1 bath house also with a separate fenced yard. The back unit is a 1 bedroom / 1 bath house located above the 3 car garage (each unit gets thier own sigle car garage), it has hardwood floors, a nice sized family room and a relaxing porch with a view. All units have been well maintained. Solid tenents and solid income make this property hard to pass by...so submit your offer today!

Last Agent to Sell the Property

Greg Kamin

Sun Tag Properties License #01173655 Listed on: 01/20/2013

Last Buyer's Agent

William Huff

HUFF PROPERTIES License #00996317

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,971

Year Built

  • Built in 1924

Lot Details

  • 8,976 Sq Ft Lot
  • Lot Dimensions are 66x136

Parking

  • 6 Parking Spaces

Home Design

  • 2,400 Sq Ft Home
  • Traditional Architecture
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 1048252300000

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,050
  • Net Operating Income $36,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,971

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 9.41
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 1048252300000
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 156.25

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 66x136
  • Lot Size Sq Ft: 8976.00
  • Lot Size Acres: 0.2060

Multi Family

  • Gross Income: 3050.00
  • Gross Multiplier: 10.63
  • Gross Scheduled Income: 36600.00
  • Net Operating Income: 36600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 4000
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2013
Closed on
Jan 28, 2013
Sold by
Wamu Servicing Lp
Bought by
Huff Steven J and 1996 Huff Family Trust
Seller's Agent
Greg Kamin
Sun Tag Properties
Buyer's Agent
William Huff
HUFF PROPERTIES
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Current Estimated Value
$1,004,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,176
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
Oct 15, 2012
Sold by
Wood John R
Bought by
Wamu Servicing Lp

Purchase Details

Closed on
Jul 20, 2012
Sold by
Wood John R
Bought by
Land Star Associates Llc

Purchase Details

Closed on
Jul 27, 2009
Sold by
Bear Resources Llc
Bought by
Wood John R and Wood Holly N

Purchase Details

Closed on
Jul 25, 2009
Sold by
Wood John R
Bought by
Bear Resources Llc
Source: Public Records

Range of Values:

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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
Huff Steven J $380,000 Ticor Title Company
Wamu Servicing Lp $288,000 Ticor Title Company
Land Star Associates Llc -- None Available
Wood John R -- Accommodation
Bear Resources Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2013 03/01/13 Sold $375,000 -3.6% $156 / Sq Ft
01/26/2013 01/26/13 Pending -- -- --
01/20/2013 01/20/13 For Sale $389,000 -- $162 / 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 $4,971 $461,784 $160,085 $301,699
2024 $4,971 $452,729 $156,946 $295,783
2023 $4,831 $443,852 $153,869 $289,983
2022 $4,767 $435,149 $150,852 $284,297
2021 $4,738 $426,617 $147,894 $278,723
2020 $4,655 $422,243 $146,378 $275,865
2019 $4,615 $413,964 $143,508 $270,456
2018 $4,551 $405,847 $140,694 $265,153
2017 $4,388 $397,889 $137,935 $259,954
2016 $4,215 $390,087 $135,230 $254,857
2015 $4,186 $384,228 $133,199 $251,029
2014 $4,056 $376,702 $130,590 $246,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P846269

California Regional Multiple Listing Service (CRMLS)

APN: 1048-252-30