NOT LISTED FOR SALE

Estimated Value: $784,000 - $1,448,000

4 Beds
4 Baths
2,304 Sq Ft
$452/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $600,000 $260 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,085/month

1 Day on Market

About This Home

As of May 2017

Excellent investment opportunity in Ontario. This turn-of-the-century charmer is just off of Euclid Avenue and Just south of the I-10 freeway. It is located in area of primarily single family detached homes and has lots of curb appeal and charm. With 4 units, off street parking and garages in the back, this property makes for a great investment opportunity.

Last Agent to Sell the Property

KELLY WILLIAMSON

WILLIAMSON REALTY License #01010158 Listed on: 05/01/2017

Last Buyer's Agent

Sonia Vasquez

Vismar Real Estate License #01836081

Vismar Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,208 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Asbestos Shingle Roof

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Assessor Parcel Number 1048251190000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,146
  • Insurance Expense $3,440
  • Other Expense $990
  • Pest Control $414
  • Trash Expense $658
  • Water Sewer Expense $658
  • Operating Expense $7,306
  • Gross Income $33,750
  • Net Operating Income $22,909

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 658.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1048251190000
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 260.42

Exterior Features

  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Pest Control Expense: 414.00
  • Sewer: Public Sewer
  • Trash Expense: 658.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Sq Ft: 7208.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 576 Square Feet
  • Electric Expense: 1146.00
  • Gross Income: 33750.00
  • Gross Scheduled Income: 33750.00
  • Insurance Expense: 3440.00
  • Net Operating Income: 22909.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 10841.00
  • Other Expense: 990.00
  • Other Expense Description: cleaning
  • Rent Control: No
  • Total Expenses: 7306.00

Tax Info

  • Tax Area: 4-000
  • Tax Census Tract: 12.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
May 4, 2017
Sold by
Rinehart Leah Anne
Bought by
Marin Jerilyn M and Marin Daniel
Seller's Agent
KELLY WILLIAMSON
WILLIAMSON REALTY
Buyer's Agent
Sonia Vasquez
Vismar Real Estate
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$1,042,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,277
Avg. Annual Appreciation
6.66%
Original Mortgage
$450,000
Outstanding Balance
$374,025
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$668,252

Purchase Details

Closed on
Mar 23, 2000
Sold by
Rinehart Keith L & Leah A Trust
Bought by
Anne Rinehart Leah Anne and Anne Leah

Purchase Details

Closed on
May 13, 1996
Sold by
Rinehart Keith La Verne
Bought by
Rinehart Keith La Verne and Rinehart Leah Anne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Marin Jerilyn M $600,000 Western Resources Title
Anne Rinehart Leah Anne -- --
Rinehart Keith La Verne -- --
Rinehart Keith La Verne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marin Jerilyn M $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $600,000 +0.2% $260 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $599,000 -- $260 / 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 $7,488 $696,353 $232,118 $464,235
2024 $7,488 $682,699 $227,567 $455,132
2023 $7,278 $669,313 $223,105 $446,208
2022 $7,181 $656,189 $218,730 $437,459
2021 $7,137 $643,322 $214,441 $428,881
2020 $7,012 $636,725 $212,242 $424,483
2019 $6,952 $624,240 $208,080 $416,160
2018 $6,856 $612,000 $204,000 $408,000
2017 $639 $55,183 $10,541 $44,642
2016 $615 $54,101 $10,334 $43,767
2015 $610 $53,289 $10,179 $43,110
2014 $591 $52,246 $9,980 $42,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17092826

California Regional Multiple Listing Service (CRMLS)

APN: 1048-251-19