NOT LISTED FOR SALE
8 Beds
4 Baths
3,431 Sq Ft
9,558 Sq Ft Lot

Sale Details

Date Sold: November 4, 2016

Last sale price $700,000 $204 Per Sq Ft

243 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of November 2016

4 unit Residential property located in the heart of Ontario. Each tenant pays their own gas and electricity. Close to conveniences like shopping and schools. Excellent investment opportunity.

Last Agent to Sell the Property

ROGER DE SANTIAGO

UNITED EMPIRE REALTY License #01174958 Listed on: 09/16/2016

Last Buyer's Agent

Carlos Munoz

Carlos Munoz, Appraiser License #01268133

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 9,558 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Home Design

  • 3,431 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 602
  • Tax Tract Number 150
  • Assessor Parcel Number 1048391070000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Gross Income $4,000
  • Net Operating Income $36,255

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

9,558 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Property Type: Residential Income
  • Parcel Number: 1048391070000
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 204.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 9558.00
  • Price Per Lot Square Foot: 77.32
  • Lot Size Acres: 0.2190

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 9558.0000 Square Feet
  • Net Operating Income: 36255.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 1
  • Operating Expense: 11745.00
  • Rent Control: No
  • Total Actual Rent: 4000.00

Tax Info

  • Tax Lot: 602
  • Tax Tract Number: 150.12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Oct 26, 2016
Sold by
Bought by
Seller's Agent
ROGER DE SANTIAGO
UNITED EMPIRE REALTY
Buyer's Agent
Carlos Munoz
Carlos Munoz, Appraiser
List Price
$739,000
Sold Price
$700,000
Premium/Discount to List
-$39,000
-5.28%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,321
Interest Rate
3.48%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,850
Interest Rate
5.96%

Purchase Details

Closed on
Feb 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
6.94%

Purchase Details

Closed on
Feb 25, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
6.94%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Ontario, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Wfg National Title Company
-- Wfg National Title Company
$700,000 Wfg National Title
-- First American
-- First American Title
$175,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $687,321
Previous Owner $173,850
Previous Owner $163,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Sold $700,000 0.0% $204 / Sq Ft
09/14/2016 09/14/16 Off Market $700,000 -- --
08/02/2016 08/02/16 For Sale $739,000 +5.6% $215 / Sq Ft
08/01/2016 08/01/16 Off Market $700,000 -- --
08/01/2016 08/01/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $769,000 -- $224 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,933 $828,659 $177,571 $651,088
2025 $8,933 $812,411 $174,089 $638,322
2024 $8,730 $796,481 $170,675 $625,806
2023 $8,484 $780,863 $167,328 $613,535
2022 $8,372 $765,552 $164,047 $601,505
2021 $8,320 $750,541 $160,830 $589,711
2020 $8,174 $742,845 $159,181 $583,664
2019 $8,104 $728,280 $156,060 $572,220
2018 $7,992 $714,000 $153,000 $561,000
2017 $7,705 $700,000 $150,000 $550,000
2016 $4,201 $343,185 $87,356 $255,829
2015 $4,125 $338,030 $86,044 $251,986
2014 $4,442 $331,409 $84,359 $247,050
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15255836

California Regional Multiple Listing Service (CRMLS)

APN: 1048-391-07

Your Personal Tour Guide

Ask me questions while you tour the home.