NOT LISTED FOR SALE

413 E Belmont St Ontario, CA 91761

Downtown Ontario Neighborhood

Estimated Value: $686,561 - $827,000

4 Beds
2 Baths
1,548 Sq Ft
$484/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $401,500 $259 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,299/month

15 Days on Market

Highlights

  • Central Heating and Cooling System
  • Carpet
  • Front Yard
  • 4 Car Garage

About This Home

As of January 2017

FABULOUS DUPLEX! Each unit has 2 generous-size bedrooms, 1 bath, spacious living room, dining room off the kitchen, patio area, plus a 2-car garage. Triple pane windows. Air conditioning. Garages with roll-up garage doors. Walking distance to Euclid Elementary School and De Anza Middle School. Close to shopping and restaurants. Easy access to freeways. OPPORTUNITY KNOCKS!

Last Agent to Sell the Property

Martin Uribe

First Team Real Estate License #01708896 Listed on: 11/18/2016

First Team Real Estate

Co-Listed By

Laura Carreras De Uribe

First Team Real Estate License #01708895

Last Buyer's Agent

Martin Uribe

First Team Real Estate License #01708896 Listed on: 11/18/2016

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 6,200 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 1,548 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 28
  • Tax Tract Number 18
  • Assessor Parcel Number 1049514210000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $600
  • Insurance Expense $842
  • Water Sewer Expense $2,760
  • New Taxes Expense $4,235
  • Gross Income $27,600
  • Net Operating Income $19,163

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2760.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 1049514210000
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: One
  • Price Per Square Foot: 259.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6200.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 27600.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 842.00
  • Net Operating Income: 19163.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 8437.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4235.00
  • Tax Census Tract: 18.13
  • Tax Lot: 28
  • Tax Tract Number: 18.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Chor Jason Tok and Lay Nay Sok
Bought by
Chor Lay Family Trust and Cho
Current Estimated Value
$749,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2019
Sold by
Lay Nay Sok
Bought by
Chor Jason Tok and Lay Nay Sojk

Purchase Details

Listed on
Nov 18, 2016
Closed on
Dec 22, 2016
Sold by
Chor Jason Tok
Bought by
Lay Nay Sok
Seller's Agent
Martin Uribe
First Team Real Estate
Buyer's Agent
Martin Uribe
First Team Real Estate
List Price
$385,000
Sold Price
$401,500
Premium/Discount to List
$16,500
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$250,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2016
Closed on
Dec 6, 2016
Sold by
Gonzales Lucia Magana
Bought by
Lay Nay Sok
Seller's Agent
Martin Uribe
First Team Real Estate
Buyer's Agent
Martin Uribe
First Team Real Estate
List Price
$385,000
Sold Price
$401,500
Premium/Discount to List
$16,500
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2004
Sold by
Gonzales Lucia M
Bought by
Gonzales Lucia Magana and Gonzales Revocable Trust

Purchase Details

Closed on
May 23, 2002
Sold by
Ostrander Leland
Bought by
Gonzales Lucia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chor Lay Family Trust -- First American Title
Chor Jason Tok -- First American Title
Chor Jason Tok -- None Available
Lay Nay Sok -- First American
Lay Nay Sok $401,500 First American Title
Gonzales Lucia Magana -- --
Gonzales Lucia M $170,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chor Jason Tok $236,000
Previous Owner Lay Nay Sok $250,000
Previous Owner Gonzales Lucia M $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2017 01/12/17 Sold $401,500 0.0% $259 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
11/30/2016 11/30/16 Off Market $401,500 -- --
11/18/2016 11/18/16 For Sale $385,000 -- $249 / 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 $5,008 $465,975 $162,481 $303,494
2024 $5,008 $456,838 $159,295 $297,543
2023 $4,867 $447,881 $156,172 $291,709
2022 $4,803 $439,099 $153,110 $285,989
2021 $4,774 $430,489 $150,108 $280,381
2020 $4,690 $426,075 $148,569 $277,506
2019 $4,650 $417,721 $145,656 $272,065
2018 $4,586 $409,530 $142,800 $266,730
2017 $2,345 $212,026 $62,399 $149,627
2016 $2,252 $207,868 $61,175 $146,693
2015 $2,237 $204,746 $60,256 $144,490
2014 $2,168 $200,736 $59,076 $141,660
Source: Public Records

Agents Affiliated with this Home

  • Martin Uribe

    Seller's Agent in 2017

    Martin Uribe

    First Team Real Estate

    (949) 751-6019

    44 Total Sales

    Martin Uribe
    Section Image

  • L

    Seller Co-Listing Agent in 2017

    Laura Carreras De Uribe

    First Team Real Estate

    (949) 751-6019

    25 Total Sales

    Laura Carreras De Uribe
    Section Image

  • L

    Buyer Co-Listing Agent in 2017

    Laura Carrillo

    Coldwell Banker Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16749253

California Regional Multiple Listing Service (CRMLS)

APN: 1049-514-21

California San Bernardino County Ontario 91761 Downtown Ontario

413 E Belmont St, Ontario, CA

Not Listed for Sale

MultiFamily

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