NOT LISTED FOR SALE

Estimated Value: $644,922 - $784,000

2 Beds
3 Baths
1,392 Sq Ft
$502/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $545,000 $392 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,087/month

27 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of January 2024

DUPLEX with huge potential in Ontario! Front house 2 bed/1 bath, back house Studio/1 bath. Property being sold in as is present condition. All information deemed reliable but not guaranteed. Buyers to verify & satisfy themselves as to permits, square footage, condition.

Last Agent to Sell the Property

geoff frye

ADVANTAGE REAL ESTATE SERVICES License #01739983 Listed on: 11/16/2023

Last Buyer's Agent

Fan Zhang

First Team Real Estate License #02027642

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,054

Year Built

  • Built in 1923

Lot Details

  • 6,542 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4
  • Assessor Parcel Number 1048531040000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $40
  • Water Sewer Expense $1,200
  • Operating Expense $3,740
  • Gross Income $33,600
  • Net Operating Income $2,645

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,054

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1048531040000
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 391.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 40.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6542.00
  • Lot Size Acres: 0.1502

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6542.0000 Square Feet
  • Net Operating Income: 2645.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1857.00
  • Rent Control: No
  • Total Expenses: 3740.00

Tax Info

  • Tax Census Tract: 15.01
  • Tax Lot: 4
  • Tax Tract Number: //4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Dec 19, 2023
Sold by
Rasner Logan
Bought by
Wedell Mary Ann
Seller's Agent
geoff frye
ADVANTAGE REAL ESTATE SERVICES
Buyer's Agent
Fan Zhang
First Team Real Estate
List Price
$555,000
Sold Price
$545,000
Premium/Discount to List
-$10,000
-1.8%
Views
124
Current Estimated Value
$698,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,981
Avg. Annual Appreciation
14.83%

Purchase Details

Listed on
Nov 16, 2023
Closed on
Dec 15, 2023
Sold by
Wedell Mary Ann
Bought by
Qi Ying
Seller's Agent
geoff frye
ADVANTAGE REAL ESTATE SERVICES
Buyer's Agent
Fan Zhang
First Team Real Estate
List Price
$555,000
Sold Price
$545,000
Premium/Discount to List
-$10,000
-1.8%
Views
124

Purchase Details

Closed on
Dec 21, 2020
Sold by
Lawrence A Wedell 2017 Living Trust and Bromley Mary Linda
Bought by
Wedell Mary Ann

Purchase Details

Closed on
Oct 18, 2018
Sold by
Wedell Lawrence A
Bought by
Wedell Lawrence A

Purchase Details

Closed on
Jun 5, 2000
Sold by
Hutchinsen Lawrence R
Bought by
Wedell Lawrence A
Source: Public Records

Range of Values:

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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
Wedell Mary Ann -- Wfg National Title Company
Qi Ying $545,000 Wfg National Title Company
Wedell Mary Ann -- None Listed On Document
Wedell Lawrence A -- None Available
Wedell Lawrence A $30,000 Safeco Title Insurance Compa
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2024 01/08/24 Sold $545,000 -1.8% $392 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $555,000 -- $399 / 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 $5,054 $555,900 $193,800 $362,100
2024 $5,054 $461,048 $160,831 $300,217
2023 $4,912 $452,007 $157,677 $294,330
2022 $4,847 $443,144 $154,585 $288,559
2021 $3,889 $350,393 $123,668 $226,725
2020 $3,821 $346,800 $122,400 $224,400
2019 $3,789 $340,000 $120,000 $220,000
2018 $375 $31,721 $9,490 $22,231
2017 $362 $31,099 $9,304 $21,795
2016 $348 $30,490 $9,122 $21,368
2015 $346 $30,032 $8,985 $21,047
2014 $335 $29,444 $8,809 $20,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23212407

California Regional Multiple Listing Service (CRMLS)

APN: 1048-531-04