E
Seller's Agent in 2021
ERICKA LANDRY
Home Heights Realty
(909) 306-7336
1 in this area
1 Total Sale
323 N Magnolia Ave Rialto, CA 92376
Estimated Value: $750,000 - $909,000
6
Beds
6
Baths
2,415
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- Property is near public transit
- No HOA
- Laundry Room
- Lawn
- Living Room
- Central Heating and Cooling System
About This Home
As of October 2021Great Investment Property. Located on a quiet residential street near Route 66 / Foothill Blvd in Downtown Rialto. Well maintained Triplex consists of three 2 bedroom, 1 1/2 bathroom units. Each unit has a one car garage and a private rear patio. Minutes away from the new Renaissance Shopping Center and the Rialto Shopping Center, schools, restaurants and entertainment. Close access to 210, 10, and the 215 freeways. Unit 325 has been renovated to meet section 8 guidelines.
Last Agent to Sell the Property
Home Heights Realty License #02041300 Listed on: 08/16/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,017
Year Built
- Built in 1989
Lot Details
- 5,520 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Lawn
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- Parking Available
Home Design
- Triplex
- Stucco
Interior Spaces
- 2,415 Sq Ft Home
- Blinds
- Living Room
- Gas Oven
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- All Upper Level Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Location
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 69 / 36
- Assessor Parcel Number 0130044050000
- $973 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $450
- Water Sewer Expense $3,000
- Operating Expense $4,650
- Gross Income $33,180
- Net Operating Income $28,530
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2021
Closed on
Sep 30, 2021
Sold by
Hamed Siham
Bought by
Hamed Fawzi
Seller's Agent
ERICKA LANDRY
Home Heights Realty
Buyer's Agent
Adam Hammodat
Keller Williams Realty Irvine
List Price
$629,000
Sold Price
$629,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,396
Avg. Annual Appreciation
6.83%
Original Mortgage
$440,300
Outstanding Balance
$402,383
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$411,013
Purchase Details
Listed on
Aug 16, 2021
Closed on
Sep 2, 2021
Sold by
Burrell Omari Hobbs and The Lucinda Hobbs Adejare Fami
Bought by
Hamed Fawzi
Seller's Agent
ERICKA LANDRY
Home Heights Realty
Buyer's Agent
Adam Hammodat
Keller Williams Realty Irvine
List Price
$629,000
Sold Price
$629,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,300
Outstanding Balance
$402,383
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$411,013
Purchase Details
Closed on
Aug 5, 2021
Sold by
Burrell Omari and Burrell Natasha
Bought by
The Lucinda Hobbs Adejare Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,300
Outstanding Balance
$402,383
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$411,013
Purchase Details
Closed on
Jun 3, 2005
Sold by
Adejare Lucinda
Bought by
Adejare Lucinda and Burrell Omari
Purchase Details
Closed on
Dec 30, 2004
Sold by
Hobbs Myrtle
Bought by
Adejare Lucinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 29, 2003
Sold by
Adejare Lucinda
Bought by
Adejare Lucinda and Hobbs Myrtle
Purchase Details
Closed on
Jun 6, 2003
Sold by
Adejare Lucinda and Hobbs Myrtle
Bought by
Adejare Lucinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 30, 2002
Sold by
Adejare Lucinda
Bought by
Adejare Lucinda and Hobbs Myrtle
Purchase Details
Closed on
Mar 26, 1998
Sold by
Diaz Carlos and Diaz Olivia
Bought by
Adejare Lucinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,135
Interest Rate
7.06%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamed Fawzi | -- | Lawyers Title | |
| Hamed Fawzi | $629,000 | Lawyers Title Company | |
| The Lucinda Hobbs Adejare Family Trust | -- | None Available | |
| Adejare Lucinda | -- | -- | |
| Adejare Lucinda | -- | Lawyers Title Company | |
| Hobbs Myrtle | -- | Lawyers Title Company | |
| Adejare Lucinda | -- | -- | |
| Adejare Lucinda | -- | Lawyers Title Company | |
| Adejare Lucinda | -- | -- | |
| Adejare Lucinda | $112,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hamed Fawzi | $440,300 | |
| Previous Owner | Adejare Lucinda | $362,250 | |
| Previous Owner | Adejare Lucinda | $265,000 | |
| Previous Owner | Adejare Lucinda | $196,000 | |
| Previous Owner | Adejare Lucinda | $35,000 | |
| Previous Owner | Adejare Lucinda | $111,135 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2021 10/14/21 | Sold | $629,000 | 0.0% | $260 / Sq Ft |
| 09/27/2021 09/27/21 | For Sale | $629,000 | 0.0% | $260 / Sq Ft |
| 08/22/2021 08/22/21 | Pending | -- | -- | -- |
| 08/16/2021 08/16/21 | For Sale | $629,000 | -- | $260 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,017 | $667,501 | $228,160 | $439,341 |
| 2024 | $8,017 | $654,412 | $223,686 | $430,726 |
| 2023 | $8,554 | $641,580 | $219,300 | $422,280 |
| 2022 | $7,940 | $629,000 | $215,000 | $414,000 |
| 2021 | $2,539 | $158,638 | $34,272 | $124,366 |
| 2020 | $2,543 | $157,012 | $33,921 | $123,091 |
| 2019 | $2,493 | $153,933 | $33,256 | $120,677 |
| 2018 | $2,677 | $150,915 | $32,604 | $118,311 |
| 2017 | $2,623 | $147,956 | $31,965 | $115,991 |
| 2016 | $1,961 | $145,055 | $31,338 | $113,717 |
| 2015 | $1,969 | $142,876 | $30,867 | $112,009 |
| 2014 | $1,930 | $140,077 | $30,262 | $109,815 |
Source: Public Records
Agents Affiliated with this Home
-
ERICKA LANDRY
-
Adam Hammodat
Buyer's Agent in 2021
Adam Hammodat
Keller Williams Realty Irvine
(714) 869-5461
3 in this area
189 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV21180133
APN: 0130-044-05
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.
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
Nearby Homes
- 328 N Date Ave
- 432 N Sage Ave
- 210 N Riverside Ave
- 190 W 3rd St
- 101 S Olive Ave
- 530 E 3rd St
- 117 N Orange Ave
- 145 W Grove St
- 139 N Palm Ave
- 583 N Riverside Ave
- 155 N Acacia Ave
- 109 S Joyce Ave
- 618 E 2nd St
- 114 S Acacia Ave
- 236 W 1st St
- 0 E Victoria St
- 365 Huntington Ct
- 342 N Clifford Ave
- 645 E King St
- 657 E King St
- 317 N Magnolia Ave
- 329 N Magnolia Ave
- 309 N Magnolia Ave
- 333 N Magnolia Ave
- 322 N Sycamore Ave
- 320 N Sycamore Ave
- 318 N Sycamore Ave
- 320 N Magnolia Ave
- 316 N Magnolia Ave
- 324 N Magnolia Ave
- 310 N Sycamore Ave
- 335 N Magnolia Ave
- 312 N Magnolia Ave
- 232 E 3rd St
- 305 N Magnolia Ave
- 328 N Magnolia Ave
- 304 N Sycamore Ave
- 308 N Magnolia Ave
- 334 N Magnolia Ave
- 300 N Sycamore Ave