NOT LISTED FOR SALE

Estimated Value: $523,000 - $898,000

4 Beds
3 Baths
2,194 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 09, 2013

Last sale price $281,250 $128 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,676/month

51 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Back Yard

About This Home

As of October 2013

Two Homes On a Large Lot in Desirable Area of Ontario. Front House Has 2 Bedrooms and 1 Bathroom. Back House Has 2 Bedrooms and 2 Bathrooms. Front Home Built in 1914 (561 E. D St.), Back House Built in 1979 (413 N., Monterey). Very Clean and Well Kept Up. Electric and Gas Separately Metered, Water Paid by Owner. Great Investment Opportunity. This Will Not Last.

Last Agent to Sell the Property

Don Kendrick

DON KENDRICK REAL ESTATE License #00875018 Listed on: 07/24/2013

Last Buyer's Agent

Kevin Paffrath

Meet Kevin License #01893132

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 8,850 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • 2,194 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 01
  • Tax Tract Number 15
  • Assessor Parcel Number 1048393130000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $2,120
  • Water Sewer Expense $3,120
  • New Taxes Expense $4,000
  • Gross Income $2,150
  • Net Operating Income $16,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 3120.00
  • Property Type: Residential Income
  • Parcel Number: 1048393130000
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 128.19
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8850.00
  • Lot Size Acres: 0.2030

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2150.00
  • Gross Scheduled Income: 25800.00
  • Insurance Expense: 2120.00
  • Lot Size Area: 8850.0000 Square Feet
  • Net Operating Income: 16560.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 9240.00
  • Rent Control: No
  • Total Actual Rent: 2150.00

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Lot: 01
  • Tax Tract Number: 15.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2013
Closed on
Sep 16, 2013
Sold by
Kallweit William F and Kallweit Viola B
Bought by
Hsi Jung and Chang John
Seller's Agent
Don Kendrick
DON KENDRICK REAL ESTATE
Buyer's Agent
Kevin Paffrath
Meet Kevin
List Price
$314,000
Sold Price
$281,250
Premium/Discount to List
-$32,750
-10.43%
Current Estimated Value
$643,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,719
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Jun 8, 2010
Sold by
Kallweit William F and Kallweit Viola B
Bought by
Kallweit William F and Kallweit Viola B

Purchase Details

Closed on
Sep 29, 1993
Sold by
Kallweit William F
Bought by
Kallweit William F and Kallweit Viola B
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
Hsi Jung $281,500 Ticor Title
Kallweit William F -- None Available
Kallweit William F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2013 10/09/13 Sold $281,250 -10.4% $128 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $314,000 -- $143 / 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 $3,712 $344,775 $120,135 $224,640
2024 $3,712 $338,014 $117,779 $220,235
2023 $3,607 $331,387 $115,470 $215,917
2022 $3,560 $324,889 $113,206 $211,683
2021 $3,630 $318,518 $110,986 $207,532
2020 $3,476 $315,252 $109,848 $205,404
2019 $3,446 $309,070 $107,694 $201,376
2018 $3,398 $303,009 $105,582 $197,427
2017 $3,277 $297,068 $103,512 $193,556
2016 $3,147 $291,243 $101,482 $189,761
2015 $3,126 $286,869 $99,958 $186,911
2014 $3,029 $281,250 $98,000 $183,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13146147

California Regional Multiple Listing Service (CRMLS)

APN: 1048-393-13