NOT LISTED FOR SALE

522 E State St Ontario, CA 91761

Downtown Ontario Neighborhood

Estimated Value: $541,000 - $590,000

5 Beds
2 Baths
1,312 Sq Ft
$431/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $450,000 $343 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,512/month

91 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Two Homes on a Lot
  • Private Yard
  • Separate Outdoor Workshop
  • 3-minute walk to Sam Alba Memorial Park

About This Home

As of January 2022

This is the Duplex that you have been waiting for. It has great income potential and potential for improvements. Wonderful fruit trees and a variety of outdoor spaces offer charm and practicality for an investor or owner who wants to live in one house and rent the other. This is a probate sale. Adminstrators have full authority to sell. Court confirmation should not be required in this sale. Schedule a showing today. Back on the Market!

Last Agent to Sell the Property

Alexander Varga

Norm Haley Real Estate License #01918433 Listed on: 09/09/2021

Last Buyer's Agent

Patricia Juarez

GMA REAL ESTATE License #01402996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,132

Year Built

  • Built in 1924

Lot Details

  • 6,160 Sq Ft Lot
  • No Common Walls
  • Masonry wall
  • Partially Fenced Property
  • Chain Link Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • No Sprinklers
  • Private Yard
  • Back Yard

Parking

  • 1 Car Garage
  • 3 Carport Spaces
  • Parking Available
  • Single Garage Door
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Fiberglass Roof
  • Lap Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Family Room
  • Den
  • Laundry Room
  • Basement

Kitchen

  • Gas Range
  • Free-Standing Range

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Overhead Utilities
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 16
  • Assessor Parcel Number 1049231060000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Other Expense $5,000
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • Operating Expense $11,000
  • Gross Income $48,000
  • Net Operating Income $37,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,132

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: All appliances
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: IL-Light Industrial
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 1049231060000
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 342.99
  • Room Type: All Bedrooms Down, Basement, Den, Family Room, Laundry
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Concrete Perimeter, Raised, Slab
  • Other Structures: Outbuilding, Two On A Lot, Workshop
  • Fence: Yes
  • Fencing: Chain Link, Masonry, Partial
  • Pool Private: No
  • Roof: Fiberglass
  • Spa: No
  • Construction Materials: Drywall Walls, Lap Siding, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Driveway, Garage, Garage - Single Door, Off Street
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Range, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central, Electric, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Level, Level with Street, Paved, Sprinklers None, Utilities - Overhead, Yard
  • Lot Size Sq Ft: 6160.00
  • Lot Size Acres: 0.1414

Multi Family

  • Average2 Bed Area: 350 Square Feet
  • Average3 Bed Area: 960 Square Feet
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6160.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 37000.00
  • 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: 11000.00
  • Other Expense: 5000.00
  • Rent Control: Yes
  • Total Expenses: 11000.00

Tax Info

  • Tax Lot: 8
  • Tax Tract: BOULEVARD
  • Tax Tract Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Dec 20, 2021
Sold by
Espinoza Torres Regulo
Bought by
Islas Joseph R and Ellison Cassandra
Seller's Agent
Alexander Varga
Norm Haley Real Estate
Buyer's Agent
Patricia Juarez
GMA REAL ESTATE
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$566,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,077
Avg. Annual Appreciation
6.20%
Original Mortgage
$337,500
Outstanding Balance
$312,119
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$245,686

Purchase Details

Closed on
Jan 25, 2011
Sold by
Torres Ramona F
Bought by
Torres Regulo E

Purchase Details

Closed on
Jan 20, 2011
Sold by
Chavez Anthony A and Chavez Angelina F
Bought by
Torres Regulo E

Purchase Details

Closed on
Apr 6, 2009
Sold by
Chavez Anthony A
Bought by
Chavez Anthony A and Chavez Angelina F

Purchase Details

Closed on
Apr 28, 2000
Sold by
Chavez Rufina A
Bought by
Chavez Rufina A and The Chavez Family Trust
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
Islas Joseph R $450,000 Old Republic Title
Torres Regulo E -- Lawyers Title La
Torres Regulo E $160,000 Lawyers Title La
Chavez Guadalupe -- Lawyers Title La
Chavez Anthony A -- None Available
Chavez Anthony A -- None Available
Chavez Rufina A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islas Joseph R $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $450,000 0.0% $343 / Sq Ft
09/09/2021 09/09/21 For Sale $450,000 -- $343 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $5,132 $477,543 $169,793 $307,750
2024 $5,132 $468,180 $166,464 $301,716
2023 $4,988 $459,000 $163,200 $295,800
2022 $2,125 $193,162 $111,551 $81,611
2021 $2,112 $189,375 $109,364 $80,011
2020 $2,075 $187,434 $108,243 $79,191
2019 $2,058 $183,759 $106,121 $77,638
2018 $2,029 $180,156 $104,040 $76,116
2017 $1,957 $176,624 $102,000 $74,624
2016 $1,880 $173,161 $100,000 $73,161
2015 $1,867 $170,560 $98,498 $72,062
2014 $1,809 $167,219 $96,569 $70,650
Source: Public Records

Agents Affiliated with this Home

  • Alexander Varga

    Seller's Agent in 2022

    Alexander Varga

    Norm Haley Real Estate

    (626) 644-8617

    1 in this area

    36 Total Sales

    Alexander Varga
    Section Image
  • Patricia Juarez

    Buyer's Agent in 2022

    Patricia Juarez

    GMA REAL ESTATE

    (909) 896-3875

    3 in this area

    46 Total Sales

    Patricia Juarez
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-6600

Pasadena-Foothills Association of REALTORS®

APN: 1049-231-06

California San Bernardino County Ontario 91761 Downtown Ontario

522 E State St, Ontario, CA

This home is located at 522 E State St, Ontario, CA 91761 since 09 September 2021 and is currently estimated at $566,077, approximately $431 per square foot. This property was built in 1924. 522 E State St is a home located in San Bernardino County with nearby schools including Lincoln Elementary School, De Anza Middle, and Ontario 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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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