NOT LISTED FOR SALE

434 Florence Ave Ontario, CA 91764

Estimated Value: $641,958 - $1,001,000

2 Beds
2 Baths
1,330 Sq Ft
$608/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $234,900 $177 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $4,714/month

160 Days on Market

Highlights

  • Tankless Water Heater
  • Wood Fence
  • Heating System Uses Natural Gas
  • Tile Flooring
  • Wood Siding

About This Home

As of June 2013

*** REGULAR SALE!***REGULAR SALE! ***REGULAR SALE! You don't have to wait months for a response. This property sits on a very nice established neighborhood. Great property with fantastic porch to relax and enjoy the afternoons. Property is now vacant and clean. Beautiful granite counter top on both kitchens. Upgraded tank less water heater with building permit on unit 436. Also includes permitted rear patio with a large 2 car garage and big lot. Great opportunity for investor or owner occupied property. Duplex, live in one and rent the other. Shows very well.

Last Agent to Sell the Property

Lucy Ramirez

Sunrise Acceptance Corp. License #01186103 Listed on: 10/18/2012

Last Buyer's Agent

QIN ZHANG

QIN ZHANG License #01915946

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,068

Year Built

  • Built in 1924

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Wood Fence
  • Block Wall Fence

Parking

  • 2 Car Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway

Home Design

  • 1,330 Sq Ft Home
  • Shingle Roof
  • Wood Siding
  • Stucco

Kitchen

  • Gas Cooktop

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5
  • Tax Tract Number 1
  • Assessor Parcel Number 1048432080000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $2,687
  • Gross Income $1,750
  • Net Operating Income $18,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,068

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • CapRate: 7.69
  • Inclusions: Stoves
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Property Type: Residential Income
  • Parcel Number: 1048432080000
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 176.62

Exterior Features

  • Fencing: Block, Wood
  • Roof: Shingle
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Combination
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooktop, Gas Water Heater, Tankless Water Heater
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size: 50x120
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1380

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1750.00
  • Gross Multiplier: 11.66
  • Gross Scheduled Income: 21000.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 18840.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Operating Expense: 2160.00

Tax Info

  • New Taxes Expense: 2687.00
  • Tax Area: 4000
  • Tax Lot: 5
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Ian Tan Eng Kee and Quin Lee Amanda
Bought by
Ian Tan Eng Kee and Quin Lee Amanda
Current Estimated Value
$809,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$272,793
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$536,447

Purchase Details

Closed on
Oct 6, 2017
Sold by
Tan Eng Kee Ian
Bought by
Tan Eng Kee Ian and Lee Amanda Quin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2013
Sold by
Lee Amanda Q
Bought by
Tan Eng Kee Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 2, 2013
Sold by
Morales O Luis and Morales Carmen I
Bought by
Tan Eng Kee Ian and Ng Fai Keung

Purchase Details

Closed on
Aug 4, 2010
Sold by
Carrillo Alberto Plynio and Robles Carrillo Mitzuh Hari
Bought by
Morales Luis O and Morales Carmen I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2009
Sold by
Carrillo Mitzuh H
Bought by
Carrillo Alberto Plynio and Robles Carrillo Mitzuhi Hari

Purchase Details

Closed on
Jul 24, 2009
Sold by
Us Bank National Association
Bought by
Carrillo Mitzuh H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,650
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2009
Sold by
Carrillo Albert P
Bought by
Carrillo Mitzuh H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,650
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2008
Sold by
Torres Oscar
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 6, 2006
Sold by
Torres Oscar
Bought by
Torres Oscar and Baron Lopez Luz Elena

Purchase Details

Closed on
Feb 14, 2006
Sold by
Chavez Amador and Chavez Elpidio
Bought by
Torres Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 29, 2001
Sold by
Chavez Almeida
Bought by
Chavez Amador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,799
Interest Rate
7.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2001
Sold by
Escudero Juan A and Escudero Evangelina M
Bought by
Chavez Amador and Chavez Elpidio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,799
Interest Rate
7.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ian Tan Eng Kee -- California Best Title
Tan Eng Kee Ian -- Stewart Title
Tan Eng Kee Ian -- Pacific Coast Title Company
Tan Eng Kee Ian $235,000 Title 365
Morales Luis O $211,500 Provident Title Company
Carrillo Alberto Plynio -- None Available
Carrillo Mitzuh H $169,500 Lsi Title Agency
Carrillo Mitzuh H -- Lsi Title Agency
Us Bank National Association $261,664 Lsi Title Company Ca
Torres Oscar -- None Available
Torres Oscar $478,000 Ticor Title Company
Chavez Amador -- Fidelity National Title Ins
Chavez Amador $158,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ian Tan Eng Kee $300,000
Closed Tan Eng Kee Ian $148,000
Closed Tan Eng Kee Ian $153,000
Previous Owner Morales Luis O $158,400
Previous Owner Carrillo Mitzuh H $118,650
Previous Owner Torres Oscar $119,500
Previous Owner Torres Oscar $358,500
Previous Owner Chavez Amador $157,000
Previous Owner Chavez Amador $155,799
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2013 06/06/13 Sold $234,900 -4.1% $177 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
10/18/2012 10/18/12 For Sale $244,900 -- $184 / 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 $4,068 $378,095 $131,500 $246,595
2024 $4,068 $370,682 $128,922 $241,760
2023 $3,954 $363,414 $126,394 $237,020
2022 $3,902 $356,289 $123,916 $232,373
2021 $2,972 $267,234 $91,012 $176,222
2020 $2,920 $264,494 $90,079 $174,415
2019 $2,895 $259,308 $88,313 $170,995
2018 $2,855 $254,223 $86,581 $167,642
2017 $2,752 $249,238 $84,883 $164,355
2016 $2,644 $244,351 $83,219 $161,132
2015 $2,626 $240,681 $81,969 $158,712
2014 $2,544 $235,966 $80,363 $155,603
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lucy Ramirez

    Sunrise Acceptance Corp.

    (323) 369-0469

    14 Total Sales

    Lucy Ramirez
    Section Image

  • Q

    Buyer's Agent in 2013

    QIN ZHANG

    QIN ZHANG

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1205341

California Regional Multiple Listing Service (CRMLS)

APN: 1048-432-08

California San Bernardino County Ontario 91764

434 Florence Ave, Ontario, CA

This home is located at 434 Florence Ave, Ontario, CA 91764 since 18 October 2012 and is currently estimated at $809,240, approximately $608 per square foot. This property was built in 1924. 434 Florence Ave is a home located in San Bernardino County with nearby schools including Lincoln Elementary School, Ray Wiltsey Middle School, and Chaffey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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