NOT LISTED FOR SALE

514 S Cherry Ave Ontario, CA 91761

Downtown Ontario Neighborhood

Estimated Value: $578,000 - $647,000

2 Beds
1 Bath
960 Sq Ft
$641/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $600,000 $625 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,538/month

35 Days on Market

Highlights

  • Private Yard
  • Park
  • Central Air
  • No HOA
  • Laundry Room
  • 1-minute walk to Sam Alba Memorial Park

About This Home

As of August 2024

PRICE REDUCTION!!! Come see this absolutely beautiful home in the city of Ontario! Property includes 2 bedrooms and 1 bathrooms! Great-sized living room alongside the dining area. A beautiful kitchen with updated cabinets, sink, granite countertops and stainless steel appliances. Throughout the rest of home you'll find new laminate and carpet flooring. Separate laundry area located inside the home. Central A/C and Heating included with this property. The backyard is large blank canvas for you to build the backyard of your dreams! This property is conveniently closes to shopping centers and schools. You won't regret calling this property your home!

Last Agent to Sell the Property

Vincent Munoz

Coldwell Banker Top Team Brokerage Phone: 909-538-3592 License #01808650 Listed on: 06/07/2024

Coldwell Banker Top Team

Last Buyer's Agent

Sergio Aviles

Real Broker License #02113900

Real Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 7,350 Sq Ft Lot
  • Private Yard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 1 / 81
  • Tax Tract Number 1
  • Assessor Parcel Number 1049246080000
  • $1,663 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1049246080000
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 960.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 625.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7350.00
  • Lot Size Acres: 0.1687
  • Latitude Manual: 34.05869000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7350.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 81
  • Tax Census Tract: 16.00
  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1663.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 26, 2024
Sold by
Chino Capital Inc
Bought by
Aviles Luiz Alfonso and Aviles Destiny Loreal
Seller's Agent
Vincent Munoz
Coldwell Banker Top Team
Buyer's Agent
Sergio Aviles
Real Broker
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%
Views
48
Current Estimated Value
$608,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,772
Avg. Annual Appreciation
1.85%
Original Mortgage
$600,000
Outstanding Balance
$593,211
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$22,404

Purchase Details

Closed on
Oct 11, 2023
Sold by
Chino Capital Inc
Bought by
Chino Capital Inc

Purchase Details

Closed on
Sep 19, 2023
Sold by
Gonzales Carmen
Bought by
Chino Capital Inc
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
Aviles Luiz Alfonso $600,000 Wfg National Title Company
Chino Capital Inc -- None Listed On Document
Chino Capital Inc $380,000 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aviles Luiz Alfonso $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $600,000 +3.5% $625 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $579,900 -3.3% $604 / Sq Ft
06/18/2024 06/18/24 Price Changed $599,900 +1.7% $625 / Sq Ft
06/17/2024 06/17/24 Price Changed $589,900 -1.7% $614 / Sq Ft
06/07/2024 06/07/24 For Sale $599,900 -- $625 / 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 $4,170 $600,000 $210,000 $390,000
2024 $4,170 $380,000 $195,000 $185,000
2023 $1,969 $30,558 $8,293 $22,265
2022 $356 $29,958 $8,130 $21,828
2021 $1,692 $29,371 $7,971 $21,400
2020 $347 $29,070 $7,889 $21,181
2019 $344 $28,500 $7,734 $20,766
2018 $339 $27,941 $7,582 $20,359
2017 $328 $27,393 $7,433 $19,960
2016 $316 $26,856 $7,287 $19,569
2015 $314 $26,453 $7,178 $19,275
2014 $304 $25,934 $7,037 $18,897
Source: Public Records

Agents Affiliated with this Home

  • Vincent Munoz

    Seller's Agent in 2024

    Vincent Munoz

    Coldwell Banker Top Team

    (909) 287-2222

    5 in this area

    45 Total Sales

    Vincent Munoz
    Section Image

  • S

    Buyer's Agent in 2024

    Sergio Aviles

    Real Broker

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24115215

California Regional Multiple Listing Service (CRMLS)

APN: 1049-246-08

California San Bernardino County Ontario 91761 Downtown Ontario

514 S Cherry Ave, Ontario, CA

Not Listed for Sale

Detached

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