NOT LISTED FOR SALE

309 E Belmont St Ontario, CA 91761

Downtown Ontario Neighborhood

Estimated Value: $673,000 - $779,000

4 Beds
2 Baths
1,548 Sq Ft
$472/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $360,000 $233 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,359/month

5 Days on Market

About This Home

As of October 2015

Fantastic investment opportunity for the right investor. Property features 2 units both with 2 bedrooms, 1 bathroom each, located in a great area of Ontario with no rent control! Rents in the area for a 2 bedroom average $1,400 - $1,500/month! Great monthly cash flow for a great price. For more information and to ask regarding financing, please call for further details.

Last Agent to Sell the Property

Oscar Carlos

Keller Williams Pacific Estates Cerritos License #01887936 Listed on: 09/24/2015

Last Buyer's Agent

Alex Teng

Dynasty Realty License #01026730

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,582

Year Built

  • Built in 1987

Lot Details

  • 6,200 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • 1,548 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 18
  • Assessor Parcel Number 1049514290000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,500
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,582

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 1049514290000
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 232.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Lot Features: Rectangular Lot, Yard
  • Lot Size Sq Ft: 6200.00
  • Price Per Lot Square Foot: 58.06
  • Lot Size Acres: 0.1420

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 18000.00
  • Lot Size Area: 6200.0000 Square Feet
  • Net Operating Income: 18000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Oct 1, 2015
Sold by
Manlutac Fernando Calma
Bought by
Vast Realty Llc
Seller's Agent
Oscar Carlos
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Alex Teng
Dynasty Realty
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Current Estimated Value
$731,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,322
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Mar 28, 2011
Sold by
Manlutac Fernando C
Bought by
Manlutac Fernando Calma and Manlutac Gloria De Leon

Purchase Details

Closed on
Dec 30, 1998
Sold by
Manlutac Fernando C and Manlutac Gloria
Bought by
Manlutac Fernando C and Manlutac Gloria L
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
Vast Realty Llc $360,000 Old Republic Title Company
Manlutac Fernando Calma -- None Available
Manlutac Fernando C -- --
Manlutac Fernando C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2015 10/14/15 Sold $360,000 +2.9% $233 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $350,000 -- $226 / 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 $4,582 $426,167 $153,893 $272,274
2024 $4,582 $417,810 $150,875 $266,935
2023 $4,546 $409,618 $147,917 $261,701
2022 $4,395 $401,587 $145,017 $256,570
2021 $4,368 $393,713 $142,174 $251,539
2020 $4,291 $389,676 $140,716 $248,960
2019 $4,254 $382,035 $137,957 $244,078
2018 $4,196 $374,544 $135,252 $239,292
2017 $4,045 $367,200 $132,600 $234,600
2016 $2,182 $201,305 $48,505 $152,800
2015 $2,167 $198,281 $47,776 $150,505
2014 $2,100 $194,397 $46,840 $147,557
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2015

    Oscar Carlos

    Keller Williams Pacific Estates Cerritos

    Section Image

  • A

    Buyer's Agent in 2015

    Alex Teng

    Dynasty Realty

    (626) 336-6191

    1 Total Sale

    Alex Teng
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15210565

California Regional Multiple Listing Service (CRMLS)

APN: 1049-514-29

California San Bernardino County Ontario 91761 Downtown Ontario

309 E Belmont St, Ontario, CA

This home is located at 309 E Belmont St, Ontario, CA 91761 since 24 September 2015 and is currently estimated at $731,322, approximately $472 per square foot. This property was built in 1987. 309 E Belmont St is a home located in San Bernardino County with nearby schools including Euclid Elementary School, De Anza Middle, and Ontario High School.

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.

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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