NOT LISTED FOR SALE

Estimated Value: $606,120 - $828,000

7 Beds
4 Baths
3,193 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $400,000 $125 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,433/month

85 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2012

Great Opportunity to purchase income properties on desirable street in Ontario. Total of 4 units. Three 2 bedroom 1 bath units. One 1 bedroom 1 bath unit. 2 of the units are detached and have their own 1 car garage. The remaining is a duplex style with one unit being upstairs. All units have their own laundry hook ups. Plenty of parking. Same owners since 1983. Drive by only.

Last Agent to Sell the Property

Rebecca Anderson

CENTURY 21 EXPERIENCE License #01322386 Listed on: 02/05/2012

CENTURY 21 EXPERIENCE

Last Buyer's Agent

David Chung

RE/Max Time License #01341967

RE/Max Time

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,413

Year Built

  • Built in 1984

Lot Details

  • 9,558 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 3,193 Sq Ft Home
  • Composition Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 1048391080000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $3,925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,413

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 1048391080000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: One
  • Price Per Square Foot: 125.27

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9558.00
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Income: 3925.00
  • Gross Scheduled Income: 47100.00
  • Lot Size Area: 9558.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 4
  • Number With Range: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 9999
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2012
Sold by
Ely Richard L
Bought by
Patel Anil Narayanbhai and Patel Daxaben Anilkumar
Current Estimated Value
$760,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2006
Sold by
Ely Richard L
Bought by
Ely Richard L and Ely Kathryn K
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
Patel Anil Narayanbhai $400,000 Orange Coast Title Company
Ely Richard L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Anil Narayanbhai $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $400,000 -11.1% $125 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
02/05/2012 02/05/12 For Sale $449,900 -- $141 / 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 $5,413 $502,424 $188,410 $314,014
2024 $5,413 $492,573 $184,716 $307,857
2023 $5,261 $482,915 $181,094 $301,821
2022 $5,192 $473,446 $177,543 $295,903
2021 $5,159 $464,163 $174,062 $290,101
2020 $5,069 $459,403 $172,277 $287,126
2019 $5,025 $450,395 $168,899 $281,496
2018 $4,956 $441,563 $165,587 $275,976
2017 $4,778 $432,905 $162,340 $270,565
2016 $4,590 $424,417 $159,157 $265,260
2015 $4,559 $418,042 $156,766 $261,276
2014 $4,417 $409,853 $153,695 $256,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12016575

California Regional Multiple Listing Service (CRMLS)

APN: 1048-391-08