NOT LISTED FOR SALE

Estimated Value: $629,000 - $737,239

3 Beds
2 Baths
1,147 Sq Ft
$591/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $600,000 $523 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,131/month

86 Days on Market

Highlights

  • Horse Property
  • Attic
  • Double Pane Windows
  • 0.54 Acre Lot
  • No HOA
  • Bathtub with Shower

About This Home

As of November 2021

This is Excellent Opportunity to Own HORSE PROPERTY AND BUILD A SECOND UNIT. in Centre of the City of Ontario. This is a single family residence 3 Bedroom 2 Bath Home sits on a 23,520 Square Foot Lot and it is Zoned for Horses. This property also comes with ready to submit for permit Engineered Plans for a 2 Bedroom 2 Bath Guest House TOTALLING 849 ADDITIONAL SQUARE FEET of living area, which may be rented out if main house is occupied by the owners, or it can be used for family members. Ontario City allows a Guest House to be Constructed on this land. This Existing home is 3 bedroom with 2 baths, Central Air, Granite Counters, Tipple Payne windows, large tile floors with laminate wood floors in bedrooms. The home has been painted and is very clean and in move in condition. The lot may have future potential for subdivision. If Zoned by the City of Ontario. The Tax record shows 3 bedrooms 2 bath but a 2nd bathroom was added with permits. Long driveway to 2 car detached garage with lots of room for RV, Toys, Horses and more. THIS IS A SINGLE HOUSE WITH PLANS FOR A 2ND UNIT TO BE BUILT BY THE NEW OWNER.

Last Agent to Sell the Property

Raul Novales

R A Novales, Broker License #00866483 Listed on: 06/23/2021

Last Buyer's Agent

Yesenia Villarreal

Excellence RE Real Estate, Inc. License #01298572

Excellence RE Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.54 Acre Lot
  • Cross Fenced
  • Chain Link Fence

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Bungalow
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,147 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • Panel Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Attic

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Outdoor Features

  • Horse Property

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Sewer Paid
  • Phone System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 17 / B
  • Tax Tract Number 2733
  • Assessor Parcel Number 1050262200000

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1050262200000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1147.00 Square Feet
  • Interior Amenities: Phone System
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Panel Doors
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 523.10
  • Room Type: All Bedrooms Down, Attic
  • Window Features: Double Pane Windows, Insulated Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Chain Link, Cross Fenced
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 23520.00
  • Lot Size Acres: 0.5399

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23520.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: B
  • Tax Census Tract: 18.12
  • Tax Lot: 17
  • Tax Tract Number: 2733

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Nov 18, 2021
Sold by
Barakat Lamis Fouad
Bought by
Barakat Fouad Chafic
Seller's Agent
Raul Novales
R A Novales, Broker
Buyer's Agent
Yesenia Villarreal
Excellence RE Real Estate, Inc.
List Price
$629,888
Sold Price
$600,000
Premium/Discount to List
-$29,888
-4.74%
Current Estimated Value
$678,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,060
Avg. Annual Appreciation
3.07%
Original Mortgage
$450,000
Outstanding Balance
$411,830
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$266,230

Purchase Details

Listed on
Jun 23, 2021
Closed on
Oct 15, 2021
Sold by
Lee Binh S and Quan Quyen V
Bought by
Barakat Fouad Chafic
Seller's Agent
Raul Novales
R A Novales, Broker
Buyer's Agent
Yesenia Villarreal
Excellence RE Real Estate, Inc.
List Price
$629,888
Sold Price
$600,000
Premium/Discount to List
-$29,888
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$411,830
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$266,230

Purchase Details

Closed on
Sep 2, 2014
Sold by
Lee Jessica K
Bought by
Lee Bekki K and Wendt Bekki Lee

Purchase Details

Closed on
Oct 11, 2006
Sold by
Lee Binh S and Quan Quyen V
Bought by
Lee Binh S and Quan Quyen V

Purchase Details

Closed on
Oct 1, 2004
Sold by
Innovation Real Estate Inc
Bought by
Lee Binh S and Quan Quyen V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2004
Sold by
Yanez Pedro and Yanez Petra
Bought by
Innovation Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2004
Sold by
Yanez John H and Yanez Pedro
Bought by
Yanez Pedro and Yanez Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1998
Sold by
Yanez Pedro and Yanez Petra
Bought by
Yanez Pedro and Yanez Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,600
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barakat Fouad Chafic -- Ticor Title Riverside
Barakat Fouad Chafic $610,000 Ticor Title Riverside
Lee Bekki K -- Ticor Title Riverside
Lee Jessica K -- Ticor Title Riverside
Lee Bekki K -- None Available
Lee Binh S -- None Available
Lee Binh S $353,000 Atc-Glendale
Innovation Real Estate Inc $298,000 Investors Title
Yanez Pedro -- Investors Title
Yanez Pedro -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barakat Fouad Chafic $450,000
Previous Owner Lee Binh S $282,400
Previous Owner Innovation Real Estate Inc $100,000
Previous Owner Yanez Pedro $122,600
Closed Innovation Real Estate Inc $155,000
Closed Lee Binh S $35,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $600,000 -4.7% $523 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $629,888 0.0% $549 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $629,888 +5.0% $549 / Sq Ft
07/08/2021 07/08/21 Off Market $600,000 -- --
06/23/2021 06/23/21 For Sale $629,888 0.0% $549 / Sq Ft
11/26/2018 11/26/18 Rented $2,300 0.0% --
11/25/2018 11/25/18 Under Contract -- -- --
11/25/2018 11/25/18 For Rent $2,300 -- --
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 $6,948 $647,337 $226,568 $420,769
2024 $6,948 $634,644 $222,125 $412,519
2023 $6,753 $622,200 $217,770 $404,430
2022 $6,664 $610,000 $213,500 $396,500
2021 $4,767 $429,885 $145,975 $283,910
2020 $4,683 $425,477 $144,478 $280,999
2019 $4,643 $417,134 $141,645 $275,489
2018 $4,579 $408,955 $138,868 $270,087
2017 $3,996 $362,700 $126,800 $235,900
2016 $3,730 $345,500 $120,800 $224,700
2015 $3,582 $329,000 $115,000 $214,000
2014 $2,887 $275,000 $96,000 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21136386

California Regional Multiple Listing Service (CRMLS)

APN: 1050-262-20