NOT LISTED FOR SALE

5131 Merle St Ontario, CA 91762

Estimated Value: $612,000 - $891,000

4 Beds
2 Baths
1,800 Sq Ft
$419/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $300,000 $167 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $4,345/month

6 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • Level Lot
  • Tile Flooring

About This Home

As of April 2015

*** Investor Dream *** Duplex located near shopping centers and easy freeway access..

Last Agent to Sell the Property

Brian Bucsit

Keller Williams Empire Estates License #01771572 Listed on: 10/07/2014

Keller Williams Empire Estates

Last Buyer's Agent

Brian Bucsit

Keller Williams Empire Estates License #01771572 Listed on: 10/07/2014

Keller Williams Empire Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 1963

Lot Details

  • 7,808 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,800 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 0.18
  • Tax Tract Number 6784
  • Assessor Parcel Number 1011462250000

Community Details

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,080
  • Net Operating Income $17,472

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,896

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 1011462250000
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 166.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 7808.00
  • Lot Size Acres: 0.1790

Multi Family

  • Gross Income: 2080.00
  • Gross Scheduled Income: 24960.00
  • Lot Size Area: 7808.0000 Square Feet
  • Net Operating Income: 17472.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7488.00
  • Rent Control: No
  • Total Actual Rent: 2080.00

Tax Info

  • Tax Lot: 0.18
  • Tax Tract Number: 6784
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2014
Closed on
Apr 10, 2015
Sold by
The 5131 Merle St Trust
Bought by
Arain Jawed and Arain Samah
Seller's Agent
Brian Bucsit
Keller Williams Empire Estates
Buyer's Agent
Brian Bucsit
Keller Williams Empire Estates
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$754,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,517
Avg. Annual Appreciation
9.16%
Original Mortgage
$210,000
Outstanding Balance
$162,709
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$587,180

Purchase Details

Closed on
Aug 25, 2006
Sold by
Lahore Joseph L
Bought by
The 5131 Merle St Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 9, 2006
Sold by
Cantu Michael
Bought by
The 5131 Merle St Trust

Purchase Details

Closed on
Jan 5, 2006
Sold by
Rombach Klaus Horst
Bought by
Cantu Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1994
Sold by
Rombach Klaus
Bought by
Rombach Klaus Horst and Rombach Marlene
Source: Public Records

Range of Values:

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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
Arain Jawed $300,000 Pacific Coast Title
The 5131 Merle St Trust -- Southland Title
Lahore Joseph L -- Southland Title
Lahore Joseph L -- Southland Title
The 5131 Merle St Trust -- None Available
Cantu Michael $310,000 Chicago Title Company
Rombach Klaus Horst -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arain Jawed $210,000
Previous Owner The 5131 Merle St Trust $80,000
Previous Owner Cantu Michael $310,000
Previous Owner Rombach Klaus Horst $44,474
Previous Owner Rombach Klaus Horst $60,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $300,000 0.0% $167 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $299,900 -- $167 / 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 $3,896 $360,554 $126,194 $234,360
2024 $3,896 $353,485 $123,720 $229,765
2023 $3,786 $346,554 $121,294 $225,260
2022 $3,736 $339,759 $118,916 $220,843
2021 $3,713 $333,097 $116,584 $216,513
2020 $3,648 $329,682 $115,389 $214,293
2019 $3,616 $323,217 $113,126 $210,091
2018 $3,566 $316,880 $110,908 $205,972
2017 $3,439 $310,666 $108,733 $201,933
2016 $3,875 $357,866 $125,831 $232,035
2015 $3,849 $352,491 $123,941 $228,550
2014 $4,403 $345,586 $121,513 $224,073
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Brian Bucsit

    Keller Williams Empire Estates

    (951) 281-3924

    6 Total Sales

    Brian Bucsit
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14215750

California Regional Multiple Listing Service (CRMLS)

APN: 1011-462-25

California San Bernardino County Ontario 91762

5131 Merle St, Ontario, CA

This home is located at 5131 Merle St, Ontario, CA 91762 since 07 October 2014 and is currently estimated at $754,517, approximately $419 per square foot. This property was built in 1963. 5131 Merle St is a home located in San Bernardino County with nearby schools including Howard Elementary School, Oaks Middle, and Montclair 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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