NOT LISTED FOR SALE

3753 Riverside Dr Chino, CA 91710

Estimated Value: $1,290,000 - $2,199,000

2.98 Acres
$590,746 Price per Acre
129,809 Sq Ft Lot

Last Sold March 31, 2017

Last sale price $1,050,000

Est. 68% increase in value since last sale

Current estimated payment $10,407/month

97 Days on Market

Highlights

  • 129,809 Sq Ft lot
  • No HOA
  • Agricultural

About This Lot

As of March 2017

Great opportunity for Developers and Investors! 2.9 acres. 129,809 sqft rectangular flat lot. 398' x 329'. It is located in REAR EASTEND PLAZA AND CHINO CAFE.
Currently land is used for Greenhouse, well and electricity is on. The land is located in desirable neighborhood area. County tax site shows the zoning as RS-20 however, city of Chino permits commercial, mixed use, or residential. Since the front side of the land is a shopping strip mall, another shopping mall or Mixed use building is very desirable. Buyer is responsible for all investigations and due diligence, verification of lot size, permits, survey, zoning, utilities, sewer connection and any other aspects of the property. It is conveniently located near the Chino Spectrum Market place, freeway 71 and 60. Currently many lands are under development in the city of Chino.

Last Agent to Sell the Property

Ran Cho

New Star Realty License #01805487 Listed on: 11/01/2016

New Star Realty

Last Buyer's Agent

David Chang

AMERIWAY REALTY License #01932054

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,216

Lot Details

  • 2.98 Acre Lot
  • Property is zoned COM/RESIDENTIAL

Additional Features

  • Agricultural
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1019051180000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$13,216

Lot Details

0

Listing Details

  • Current Use: Agricultural
  • Possible Use: Commercial
  • Possible Use Comments: County zoning is RS-20, but city of Chino permits commercial, mixed use.
  • View: No
  • Zoning: COM/RESIDENTIAL
  • Property Type: Land
  • Parcel Number: 1019051180000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 8.09

Utilities

  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural
  • Lot Size Sq Ft: 129809.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Feb 28, 2017
Sold by
Son Kook H
Bought by
Li Yuanlin and Yan Caiqun
Seller's Agent
Ran Cho
New Star Realty
Buyer's Agent
David Chang
AMERIWAY REALTY
List Price
$1,290,000
Sold Price
$1,050,000
Premium/Discount to List
-$240,000
-18.6%
Current Estimated Value
$1,760,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,427
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Jun 1, 2004
Sold by
Glentis Efthimios
Bought by
Son Kook H and Son Da Nam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.92%
Mortgage Type
Seller Take Back
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
Li Yuanlin $1,050,000 Old Republic Title
Son Kook H $575,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Son Kook H $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $1,050,000 -18.6% --
02/06/2017 02/06/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $1,290,000 -- --
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 $13,216 $1,218,615 $1,218,615 --
2024 $13,216 $1,194,721 $1,194,721 --
2023 $12,850 $1,171,295 $1,171,295 $0
2022 $12,774 $1,148,328 $1,148,328 $0
2021 $12,526 $1,125,812 $1,125,812 $0
2020 $12,363 $1,114,268 $1,114,268 $0
2019 $12,147 $1,092,420 $1,092,420 $0
2018 $11,879 $1,071,000 $1,071,000 $0
2017 $7,846 $704,414 $704,414 $0
2016 $7,332 $690,602 $690,602 $0
2015 $7,186 $680,229 $680,229 $0
2014 $7,043 $666,904 $666,904 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16738508

California Regional Multiple Listing Service (CRMLS)

APN: 1019-051-18